This fundamental accounting course examines new pronouncements set forth by the SEC, FASB, IASB, GASB, AICPA, and FASAB. Accounting expert Patricia Williams explains the pronouncements with clarity and in detail, so that even CPAs who don’t apply the information on a day-to-day basis will gain a general understanding. Pronouncements are listed by their issuing organizations, making them easy to reference. Each pronouncement includes a brief summary followed by a discussion of specific points.