You don't need to review multiple sources when preparing your company's financial reports or auditing those of a client. In this easy-to-navigate database, you'll find the reliable information you need to perform complete and accurate financial reporting and auditing research right from your computer. And because the database is updated daily, you know it's current.
Simplify your financial reporting research...
- Get interpretive guidance for understanding and complying with the latest standards and regulations.
- Access coverage on all governing bodies, including FASB, SEC, PCAOB, AICPA and IASB.
Whether you need official literature, interpretations or the results of recent standard setter meetings, you'll find it in an instant with CCH Accounting Research Manager.Accounting and SEC
Accounting Standards — Your "window to accounting literature," providing summaries of all significant accounting matters by topic. Each topic section links to specific paragraphs of all related authoritative and interpretive literature from the FASB, IASB and Accounting Research Manager.
There are 90 chapters in Accounting Standards, and they are presented in the same order as the FASB Codification topics, such as:
- Business combinations
- Intangibles-Goodwill and other
- Compensation-Stock compensation
- Earnings per share
- Financial instruments
- Income taxes
- Not-for-profit entities
- Compensation-Retirement benefits
- Related party disclosures
- Revenue recognition
- And more
Accounting Standards includes summaries of significant IAS/IFRS accounting matters which correspond to the U.S. GAAP summaries. Users can see, side-by-side, how U.S. GAAP treats a topic vs. how IFRS treats this same topic. Links to the authoritative literature, as well as the ARM interpretations, are reflected.
Accounting Research Manager includes U.S. and international authoritative and proposal-stage literature, plus interpretive guidance on:
FASB (Financial Accounting Standards Board) — The FASB Codification is updated on ARM within hours of new material being added to the Codification by the FASB, plus historical FASB statements and interpretations, staff positions, technical bulletins, special reports, implementation guides and related proposal-stage literature.AICPA (American Institute of Certified Public Accountants) — Audit and attest standards, Audit and Accounting Guides, Statements of Position (SOPs) and related proposal-stage literature, together with material issued by the AICPA before the release of the Codification in 2009.
SEC (Securities and Exchange Commission) — SEC content you won't find in competing databases — like SEC background and interpretive materials, hot topics and literature updates. Rules, regulations and releases of the 1933 and 1934 Acts, Financial Reporting Releases, Accounting and Auditing Enforcement Releases, Staff Accounting Bulletins, Staff Legal Bulletins, Staff speeches, SEC releases of final and proposed rule changes and much more. Plus, our "SEC Practice" with its extensive interpretations and electronic links, including Sarbanes-Oxley mandated SEC proposed and final rules and our plain English summaries. We also include important tools or resources used by the SEC staff in the Division of Corporation Finance, notably its "Financial Reporting Manual" and numerous Compliance and Disclosure Interpretations.
The FASB's EITF (Emerging Issues Task Force) — Minutes and Issues Summaries. Our EITF Flash Report is issued immediately after each EITF meeting.
The PCC (Private Company Council) — Minutes and Issues Summaries.
IASB (International Accounting Standards Board) — Accounting standards and related proposal-stage literature.
Your link to our industry-leading guidance on Business Combinations, Derivatives and Hedging, Leases, Compensation Arrangements, Financial Assets and Liabilities, and Accounting for Income Taxes.Accounting for Business Combinations, Goodwill and Other Intangible Assets — Interpretations of U.S. and International Accounting Standards
Our latest edition features the newest guidance on the most current literature on this subject. This book offers comprehensive guidance on accounting for business combinations, as well as intangible assets and goodwill under both U.S. GAAP and accounting principles issued by the IASB.
This covers a broad range of transactions, including:
- Acquisitions of businesses by acquiring assets or stock
- Acquisitions of non-controlling interests
- Leveraged buyouts
- Reverse acquisitions
- Rollup transactions
- Transfers and exchanges between companies under common control
FASB Topic 815, "Derivatives and Hedging," dispels the myth that accounting for derivatives affects only financial service companies. It includes hedge accounting and addresses the definition of a derivative to cover embedded derivatives and many commodity contracts. As a result, Topic 815 affects many commercial companies. This publication interprets Topic 815 to give readers a tool for understanding and applying the FASB's requirements.
Topics covered in this publication include:
- Recognition and measurement of derivative instruments and hedging activities
- Cash flow hedges
- Foreign currency hedges
- Identifying and bifurcating embedded derivative instruments
- Determining and recording fair value
- Determining and accounting for impairment
- Implementation guidance and disclosure rules
Accounting for Compensation Arrangements offers professionals comprehensive guidance for applying the complex and expansive requirements of FASB Topic 718, "Compensation — Stock Compensation." It discusses the financial reporting implications of stock-based compensation arrangements for employees, employee stock purchase plans, certain other compensation arrangements for employees and share awards to non-employees for goods and services.
This in-depth resource provides professionals with a practical reference tool by selectively combining information from the official text of the FASB standards, along with other information drawn from the SEC, AICPA and lessons learned from leading accounting practitioners.Accounting for Leases — Interpretations of U.S. GAAP
Accounting for Leases offers paragraph-by-paragraph interpretations of FASB Topic 840, Leases. It clarifies many implementation issues companies face, often on a very frequent basis. It also discusses how to treat leasing transactions in areas not specifically addressed by the FASB or the SEC, and areas that require further explanation. For companies involved in leasing transactions and for those that are focused on keeping assets and debt off balance sheets, this publication provides invaluable and comprehensive guidance.Financial Assets and Liabilities: Sales, Transfers and Extinguishments — Interpretations of U.S. GAAP
Accounting for sales, transfers and servicing of financial assets and extinguishments of liabilities can be highly complex. FASB Topic 860, "Transfers and Servicing," establishes a financial reporting model for these types of transactions and covers a wide breadth of transactions. As new transactions are introduced into the marketplace, you will face new and challenging implementation questions in this area. Transactions involving financial assets and liabilities — such as refinancing of liabilities, factoring of receivables and pledges of collateral — are not limited to financial institutions. Financial reporting professionals need to understand how Topic 860 works. To help you, Financial Assets and Liabilities provides practical, real-world interpretations of Topic 860 in question and answer format. Transactions covered in this publication include:
- Collateralized borrowing
- Purchases or sales of receivables, loans and securities
- Loan syndications and participations
- Securities lending
- Debt extinguishments and refinancing
- Wash sales
Accounting for Income Taxes provides guidance on the application of FASB Topic 740, Income Taxes. It also provides numerous interpretations of this complex subject. Topic 740 establishes financial accounting and reporting standards for the effects of income taxes that result from an entity's activities during the current and preceding years. It requires an asset and liability approach for financial accounting and reporting for income taxes. This in-depth resource gives professionals indispensable guidance on the complex requirements of FASB Topic 740 and clarifies the implementation issues resulting from the accounting industry's literal approach to applying the requirements therein. This publication was authored by a former partner with a major international accounting firm, whose experience included working at the FASB as a practice fellow when the FASB was reconsidering several portions of Topic 740.
GAAP Financial Statements Disclosures Manual
This guide provides a complete, quick and valuable reference source for financial statement disclosures. The Manual contains more than 750 examples of realistic sample footnote disclosures to assist in the preparation of financial statements for an audit, review or compilation engagement. It facilitates compliance with authoritative pronouncements by integrating, in each chapter, the specific disclosure requirements with the sample footnotes. The Manual provides sample disclosures that are technically sound, understandable and comprehensive and that cover a variety of scenarios, from the most common to the most unusual. It is designed for ease of use. You can locate information based either on the disclosure topic or on the disclosure's location in the financial statement. In addition, each chapter is structured as a standalone section, providing you all of the information you need for a specific topic. Each chapter consists of an executive summary, a listing of relevant authoritative literature, a listing of disclosure requirements mandated by GAAP and specific examples of disclosures. The Manual also includes a financial statement disclosures checklist that provides a centralized resource of the required and recommended GAAP disclosures currently in use. It is designed to assist the user in determining whether the required financial statement disclosures have been made. This title contains all of the sample disclosures in this edition of the Manual, as well as the expansive financial statement disclosures checklist. All of these documents can be used as templates and modified to fit your needs.
Our audit content covers auditing standards, attestation engagement standards, accounting and review services standards, audit risk alerts and other vital auditing-related guidance issued by the AICPA or the PCAOB.Access our:
- Engagement Standards
- GAAS Practice Manual
- Knowledge-Based Audit Methodology Procedures
- Knowledge-Based Nontraditional Engagements
- Knowledge-Based Compilations & Reviews
- CPA's Guide to Effective Engagement Letters
- CPA's Guide to Management Letter Comments
- GAAS Update Service
You will also have access to AICPA Accounting and Audit Guides and AICPA Professional Standards, as well as standards and other releases of the PCAOB.
Engagement Standards — Your "window to audit and attest literature," providing summaries of all significant audit and attest matters by topic. Each topic section links to specific paragraphs of all related authoritative and interpretive literature from the AICPA and Accounting Research Manager.
There are dozens of chapters in Engagement Standards organized into sections by assurance level including:
- Audit Engagements — Clarified AICPA
- Attestation and Nontraditional Engagements — AICPA
- Compilation and Review Engagements
- Audit Engagements — Pre Clarity
This resource helps you quickly locate guidance and resolve practice issues relating to audit engagements, attestation engagements (Including SOC 1 and SOC 2 engagements), and compilation and review engagements, conducted in accordance with U.S. professional standards. Within each section, "Engagement Standards" provides an overall summary of numerous subtopics and links you to the authoritative and interpretive literature that addresses the subtopic. The interpretive literature provides practical guidance and an effective approach to applying and complying with the authoritative standards. Numerous practice aids are included.GAAS Practice Manual
This innovative resource provides a complete, quick and valuable reference source for the practitioner of the currently effective pronouncements of Statement on Auditing Standards (SAS), Statement on Standards for Attestation Engagements (SSAE), Statement on Standards for Accounting and Review Services (SSARS) and the interpretations of these standards.
Throughout, the Manual features various efficiency and effectiveness practice tips to help the practitioner better plan and execute auditing and attest engagements and to quickly integrate the standards into practice. In addition to providing answers for over 600 frequently asked questions on how to implement the standards, the Manual contains over 350 illustrations, including checklists and practice aids.Knowledge-Based Audit Guides and Toolsets
Knowledge-Based Audit™ Guides and Toolsets provide practitioners the most cost-effective approach for conducting high-quality audits of nonpublic entities in 11 industries including:
- Knowledge-Based Audits of Commercial Entities
- Knowledge-Based Audits of Housing and Urban Development Programs
- Knowledge-Based Audits of Real Estate Entities
- Knowledge-Based Audits of Employee Benefit Plans
- Knowledge-Based Audits, Compilations, and Reviews of Common Interest Realty Associations
- Knowledge-Based Audits of State and Local Governments with Single Audits
- Knowledge-Based Audits of Financial Institutions
- Knowledge-Based Audits of Not-for-Profit Organizations with Single Audits
- Knowledge-Based Audits of Health Care Entities
- Knowledge-Based Audits of Construction Contractors and Related Entities
- Knowledge-Based Compilations and Reviews
- Knowledge Based Audits — COSO 2013 Supplemental Tools Package
- Knowledge-Based Audit Methodology: Commercial Entities
- Knowledge-Based Audit Methodology: International Audits
- Knowledge-Based Audit Methodology: Health Care Entities
- Knowledge-Based Audits, Compilations, and Reviews Methodology: Common Interest Realty Associations
- Knowledge-Based Audit Methodology: Construction Contractors and Related Entities
- Knowledge-Based Audit Methodology: Governmental Entities
- Knowledge-Based Audit Methodology: Employee Benefit Plans
- Knowledge-Based Audit Methodology: Not-for-Profit Entities
- Knowledge-Based Audit Methodology: Single Audits
- Knowledge-Based Audit Methodology: Real Estate Entities
- Knowledge-Based Audit Methodology: Financial Institutions
- Knowledge-Based Compilations and Reviews Methodology
- Knowledge-Based Audit Methodology: Housing and Urban Development
- Knowledge-Based Audits, Compilations, and Reviews Methodology: Dealerships
These products feature various audit efficiency, effectiveness and cost-saving measures to help reduce the tendency to over-audit. They also includes numerous practice aids — programs, questionnaires, workpapers, sample correspondence and sample auditor's reports — to take the practitioner through an engagement, from the initial evaluation of a client to the issuance of the auditor's report.
The latest editions of Knowledge-Based Audit products discuss have been updated for new auditing pronouncements through SAS 127, Omnibus Statement on Auditing Standards — 2013, and are referenced to the auditing guidance presented in the AICPA's Codified auditing standards.Knowledge-Based Compilations & Reviews
All applicable compilation and review standards are examined, with demonstrations on how to conduct engagements in the most efficient and thorough manner possible. "Knowledge-Based Compilations & Reviews" uses a highly effective methodology for performing compilation and review engagements in concert with specifically developed practice aids. The approach uses knowledge of the entity applied to a specific process designed to facilitate the flow of information and increase efficiency and effectiveness. Included are more than 300 practice aids — checklists, questionnaires, workpapers, sample correspondence and sample reports — to take the practitioner through all aspects of compilation and review engagements. It features careful discussion of the relevant professional standards, in-depth analysis and numerous illustrations.
Knowledge-Based Compilations & Reviews reflects pronouncements through the issuance of Statement on Standards for Accounting and Review Services (SSARS) No. 20 (Revised Applicability of Statements on Standards for Accounting and Review Services).CPA's Guide to Effective Engagement Letters
We've included every type of engagement letter you could possibly need, from audits, tax preparations and bookkeeping, to business valuations and assurance services. And here's the best part – every letter can be easily customized and printed. This innovative resource features a collection of case studies on liability issues that illustrate what to do and what not to do with your engagement letters. Over 50 types of letters are covered.CPA's Guide to Management Letter Comments
Developed by a seasoned auditor with more than 30 years of experience in auditing practice for clients in a broad spectrum of industries, "CPA's Guide to Management Letter Comments" makes it remarkably easy to draft clear management letter comments in no time at all. In one convenient, logically organized volume, you'll find the correct words and phrases to use in virtually any management letter comment you'll ever need to construct. The guide supplies the specific tools to build the basic structure and body of management letters, from the opening paragraph to specific comments for all of the critical areas generally encountered during an audit, as well as suggested closing paragraphs. With these expertly prepared comments at your fingertips, you can make clear, concise recommendations to improve operational efficiencies or strengthen control weaknesses, while actively promoting your additional services where opportunity exists.Knowledge-Based Nontraditional Engagements
Knowledge-Based Nontraditional Engagements shows practitioners the most cost-effective approach for conducting attestation engagements including Service Organization Control (SOC) engagements, and several common engagement types conducted in accordance with the Statements on Standards for Consulting Services (SSCSs). The product is filled with practical explanations of the most common types of such engagements, reducing the technical language of official pronouncements to easy-to-read and easy-to-understand advice and procedures. This product is designed to enhance the quality of your practice, and it presents an approach that will help you perform your attestation engagements effectively and efficiently.GAAS Update Service
Issued twice a month, you'll receive the latest coverage of Audit Risk Alerts, SASs, SSAEs, Auditing SOPs, Industry Audit Guides and more.
CCH Accounting Research Manager dramatically expands your research capabilities. It's like adding your own staff of researchers whose sole purpose is to track important accounting developments for you. Our outstanding team of content editors takes pride in updating the system on a daily basis, so you stay as current as possible. What's more, our experts attend many standard setter meetings and summarize the results to you. This means you'll learn of newly released literature and deliberations of current financial reporting projects as soon they occur!
Weekly Summary Email Alerts — The most current developments in financial reporting, conveniently emailed to you at the end of each business week so that you can quickly learn of topics that could affect your company.
CCH Financial Reporting Brief — Each day, our expert staff will choose key accounting, auditing, international, regulatory (e.g., SEC) and governmental news that may affect your organization and bring them directly to your desktop by email. In addition to clear and concise news reporting, where appropriate, links will be provided to Accounting Research Manager's exclusive deeper analyses of the developments and to the relevant source materials.
A Closer Look — A discussion of a current hot topic in accounting or auditing published several times a year.