This highly regarded reference is relied on by a considerable part of the accounting profession in their day-to-day work. This handbook is the first place many accountants look to find answers to practice questions. Its comprehensive scope is widely recognized and relied on. It is designed as a single reference source that provides answers to all reasonable questions on accounting and financial reporting asked by accountants, auditors, bankers, lawyers, financial analysts, and other preparers and users of accounting information.[paragraphs 3 and 4] *[For some unexplained reason, the Statement does not use the term basic concepts after defining ... the basic features and basic elements of financial accounting discussed in Chapters 3a5 of the Statementa ( paragraph 1, footnote 2). ... It is intended to provide a framework within which the problems of financial accounting may be solved, although it does not propose solutions to those problems and does not attempt to indicate what generally accepted accountinganbsp;...
|Title||:||Accountants' Handbook, Volume 1|
|Author||:||D. R. Carmichael, O. Ray Whittington, Lynford Graham|
|Publisher||:||John Wiley & Sons - 2007-06-04|