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The WSCPA office will be closed Friday, December 1st for a staff training day.

Please contact us via online chat and we will respond to you as soon as possible on Monday, December 4.


Available Until

Your Desk

29.0 Credits

Member Price $580.00

Non-Member Price $667.00


Generally Accepted Accounting Principles (GAAP) are used as the basis for financial reporting. The original GAAP documents span thousands of pages, and so are difficult to research. The GAAP Guidebook solves this problem by condensing GAAP into a single volume. This course describes the key elements of each topic, how accounting information is disclosed, and where to look in the FASB Codification source documents for additional information. The text contains hundreds of practical examples that show how to apply GAAP to real-world situations, as well as sample journal entries and usage tips. In short, the GAAP Guidebook serves as a handy reference for accountants who need answers to difficult problems.


Presentation of Financial Statements. Balance Sheet. Comprehensive Income. Income Statement. Statement of Cash Flows. Notes to Financial Statements. Accounting Changes and Error Corrections. Changing Prices. Earnings per Share. Interim Reporting. Risks and Uncertainties. Segment Reporting. Receivables. Investments-Debt and Equity Securities. Investments - Equity Method and Joint Ventures. Inventory. Other Assets and Deferred Costs. Intangibles - Goodwill and Other. Property, Plant, and Equipment. Liabilities. Asset Retirement and Environmental Obligations. Exit or Disposal Cost Obligations. Commitments. Contingencies. Guarantees. Debt. Equity. Revenue Recognition. Compensation - Retirement Benefits. Compensation - Stock Compensation. Other Expenses. Research and Development. Income Taxes. Business Combinations. Financial Statement Consolidation. Derivatives and Hedging. Fair Value Measurement. Financial Instruments. Foreign Currency Matters. Leases. Nonmonetary Transactions. Related Party Disclosures. Subsequent Events, and more.



Designed For

CPAs, CFOs, controllers, financial professionals, and auditors.


Cite the accounting principles that underlie Generally Accepted Accounting Principles. Specify the transactions related to discontinued operations, as well as the disclosures required for certain accounting transactions. Identify the account classifications used in the balance sheet, as well as the structure of the balance sheet. State the transactions included in and excluded from other comprehensive income, and more.






Leader Bios

Steven Bragg, Western CPE

Steven M. Bragg, CPA, is a full-time book and course author who has written more than 70 business books. He provides Western CPE with self-study courses in the areas of accounting and finance, with an emphasis on the practical application of accounting standards and management techniques. A sampling of his courses include the The New Controller Guidebook, The GAAP Guidebook, Accountants’ Guidebook, and Closing the Books: An Accountant’s Guide. He also manages the Accounting Best Practices podcast.

Steven has been the CFO or controller of both public and private companies and has been a consulting manager with Ernst & Young and an auditor with Deloitte & Touche. He holds an MBA from Babson College, a Master of Finance from Bentley College, and a BA from the University of Maine (summa cum laude).

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Non-Member Price $667.00

Member Price $580.00