Chapter 10, Financial Reporting Books, examines the Financial Reporting Book creation process including the interface, properties, member selection features, and the Book Point of View.
Jerry J. Weygandt, PhD, CPA, is Arthur Andersen AlumniProfessor of Accounting at the University of Wisconsin-Madison. Hehas a Ph.D. from the Univ. of Illinois. His articles have appearedin the Accounting Review, Journal of Accounting Research,Accounting Horizons, Journal of Accountancy, and other academic andprofessional journals. Professor Weygandt is author of otheraccounting and financial reporting books and is a member of theAmerican Accounting Association, the American Institute ofCertified Public Accountants, and the Wisconsin Society ofCertified Public Accountants. He is the recipient of the WisconsinInstitute of CPAs Outstanding Educator’s Award and theLifetime Achievement Award. In 2001 he received the AmericanAccounting Association’s Outstanding Accounting EducatorAward.
management to close the financial reporting books
Obadiah Vineyard's owners create financial statements in accordance with generally accepted accounting principles (GAAP) to help them obtain funding to plant more acreage. The owners grapple with deferred taxes and the differences between tax and financial reporting books.