The most practical, comprehensive, and authoritative guide to GAAP Wiley GAAP 2007 delivers the most recent professional standards developments, in addition to detailed analysis of all generally accepted accounting principles (GAAP), explaining the original, highly technical pronouncements in easy-to-understand terms and providing battle-tested, real-world examples and implementation guidance. Unlike other guides, Wiley GAAP 2007 offers complete coverage of Levels A, B, C, and D GAAP in a single volume, including status of EITF issues that have not yet been reduced to consensus, as well as EITF Appendix D discussion matters. Wiley GAAP 2007 contains a host of completely updated examples. Barry J. Epstein (Chicago, IL) is a partner with Russell Novak & Company, LLP, where he specializes in technical consulting on accounting and auditing matters, litigation consulting, and corporate governance. Ralph Nach (Chicago, IL) is a partner in the National Office of Audit and Accounting of McGladrey & Pullen, LLP , where he specializes in technical consulting and the development and presentation of continuing education programs. Steven M. Bragg (Centennial, CO) has been the chief financial officer or controller of four companies, as well as a consulting manager at Ernst Young. He is the author of 27 books published by Wiley.