With the rise in the number of mergers and acquisitions taking place in today's business environment, there will undoubtedly be a rise in the number of bankruptcies. Completely updated, Bankruptcy and Insolvency Accounting, Seventh Edition, Volume 2 updates the most recent forms and exhibits as a result of the new Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 (BAPCPA).
Bankruptcy and Insolvency Accounting, Practice and Procedure, Volume 1
Accountants and financial managers are often the first professionals to realize that a financial problem exists within a corporation but must be familiar with the various alternatives available to clients before they can offer solutions. Completely updated, Bankruptcy and Insolvency Accounting, Seventh Edition, Volume 1 pres detailed information on SOP 90-7 and FASB statements 141, 142, and 144 and revisions made in CSSR 93-1 by CSSR 03-1.
For those new to the payroll function, this book is best read in sequential order from cover to cover. For those who are implementing a new payroll system, Chapters 1–4, 12, 13, and 17 will be the most useful, while for those who want to improve their current systems, Chapters 4, 5, and 15 are highly recommended.
This text undertakes to provide a first-year course in accounting, with accepted principles of accounting arranged in an orderly fashion to capture the student's interest, to hold it, and to anticipate his difficulties so that unnecessary questions are avoided. Additional illustrative material should strengthen and clarify the presentation, particularly in connection with such subjects as analysis of proprietorship, adjustments, bad debts, depreciation, corporations and payroll.
As the number and size of nonprofit organizations continues to grow, NFPs are coming under ever-increasing government scrutiny. Soon Congress will require that nonprofits comply with rigorous accounting and governance standards very similar to those set forth for for-profits in the Sarbanes-Oxley Act.
