For Understanding Latest Accounting Principles

(RIVERWOODS, ILL., AUGUST 18, 1999) – Combining new industry insights with superior technical analysis, CCH INCORPORATED (CCH), a leading provider of tax law information and software, has introduced the CCH 2000 U.S. Master™ GAAP Guide to help accountants and other business professionals keep current with generally accepted accounting principles.

This easy to use, single-volume print reference offers practical analysis and explanations of complex accounting and disclosure standards issued by the Accounting Principles Board and the Financial Accounting Standards Board (FASB). In its second edition, the Guide expands on and replaces CCH’s Financial Accounting Standards – Explanation and Analysis, which served accounting professionals for nearly 20 years.

Comprehensive Coverage Ensures Compliance

The CCH 2000 U.S. Master GAAP Guide thoroughly explains and examines Accounting Research Bulletins, Accounting Principle Board Opinions, FASB Statements, FASB Interpretations and Technical Bulletins. Summary coverage of FASB Concept Statements, FASB Emerging Issues Task Force Summary Issues, AICPA Statements of Position and selected SEC Staff Accounting Bulletins also are included.

Significant new developments are conveniently highlighted and concisely explained for quick reference and understanding. Also included are the latest exposure drafts and announcements through SFAS No. 135, "Rescission of FASB Statement No. 75 and Technical Corrections," and the far-reaching SFAS No. 133, "Accounting for Derivative Instruments and Hedging Activities."

Expert Guidance, Easy Access

Written in a reader-friendly format, the CCH 2000 U.S. Master GAAP Guide provides expert explanation and analysis to help users quickly and easily determine how particular accounting issues should be treated. Topically arranged to follow major balance sheet divisions as closely as possible, the Guide saves practitioners’ time by allowing them to find all relevant provisions on a subject in one section of the book.

Special features include flow charts of accounting procedures, followed by general discussion of the provisions, and detailed computations and accounting requirements. Clear-cut examples show how to handle special problems and help make official pronouncements easy to understand.

Also included is helpful information to assist CPA Exam candidates in preparing for the portion of the Exam related to GAAP pronouncements.

Availability and Pricing

The 1,416-page CCH 2000 U.S. Master GAAP Guide is available as a softcover book. For more information, or to order a copy of the Guide, call CCH at 800-248-3248 or click here. Single-copy price for the Guide is $62.95. Quantity discounts and school adoption pricing are available. Coming this Fall, a CD-ROM version of the Master GAAP Guide will be available; single-copy price of the CD-ROM version is $99.

About CCH INCORPORATED

CCH INCORPORATED, founded in 1913, has served four generations of business professionals and their clients. The company produces approximately 700 print and electronic products for tax, legal, securities, human resources, health care and small business markets. CCH is a wholly owned subsidiary of Wolters Kluwer U.S. The CCH web site can be accessed at www.cch.com.

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EDITORS NOTE: An editorial review copy of the CCH 2000 U.S. Master GAAP Guide is available by contacting Leslie Bonacum at 847-267-7153 or bonacuml@cch.com.

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