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CCH Accounting Research Manager Provides Everything Needed for Switch to FASB Codification

(RIVERWOODS, ILL., July 1, 2009) – As the FASB Accounting Standards Codification™ becomes the single official source of generally accepted accounting principles for nongovernmental U.S. entities, subscribers to the CCH Accounting Research Manager® (ARM) are finding they have everything they need to use the newly organized body of standards, integrated with their existing libraries. CCH also offers training on how to find answers to accounting questions using ARM and the new Codification. CCH, a Wolters Kluwer business, is a leading provider of tax, accounting and audit information, software and services (CCHGroup.com).

As of July 1, 2009, the full Codification has been added to any ARM subscription that includes FASB material. Subscribers are able to search the Codification and browse through it using its topical structure. In addition, they have cross-reference tables to pre-codified U.S. GAAP, an archive of FASB data as it existed on June 30, 2009, plus expert interpretive guidance and easy-to-understand summaries keyed to the new Codification. They also have links to valuable “non-authoritative” information that the FASB decided to exclude from the Codification, such as SEC staff speeches.

“Things will look very different for accountants starting July 1,” said CCH Product Manager Rachel Mavrak. “The familiar organization and nomenclature of FASB like ‘FAS 109’ and ‘FIN 48’ disappears. But ARM users have a reliable source for the seamless move to the Codification, fully integrating world class interpretive guidance, other non-authoritative materials, international accounting standards and online training.”

Training Offered

For professionals who want a better understanding of accounting and audit documents, ARM offers a training course on conducting accounting research with ARM’s easy access to accounting, auditing, governmental, SEC authoritative literature and expert CCH interpretive guidance all in one database. Topics include:

• Structure of the FASB Accounting Standards Codification;
• Searching the FASB Accounting Standards Codification;
• Staying current with new developments;
• Find answers to your questions by utilizing various research methods; and
• Maximizing research time to enhance results.

About Accounting Research Manager

Developed by a major international accounting firm, Accounting Research Manager is the most comprehensive and insightful database of expert-written interpretations of accounting, auditing, government and SEC information. It also includes authoritative and proposed literature from the FASB, AICPA, SEC, EITF, IASB, PCAOB, GASB, GAO and OMB. Updated daily, it is the current, complete and objective resource for professionals’ financial reporting needs

For More Information

For a free trial or additional information on the Accounting Research Manager, visit accountingresearchmanager.com. To learn more, contact a sales representative or call 1-800-872-2454. For more information or to sign up for the ARM training course on the FASB Codification visit CCHGroup.com/training/arm. Price is $50 per attendee and provides one hour of accounting CPE credit.

About CCH, a Wolters Kluwer business

CCH, a Wolters Kluwer business (CCHGroup.com) is a leading provider of tax, accounting and audit information, software and services. It has served tax, accounting and business professionals since 1913. Among its market-leading products are The ProSystem fx® Suite, CCH® TeamMate, CorpSystem®, CCH® IntelliConnect™, Accounting Research Manager® and the U.S. Master Tax Guide®. CCH is based in Riverwoods, Ill.

Wolters Kluwer is a leading global information services and publishing company. The company provides products and services for professionals in the health, tax, accounting, corporate, financial services, legal, and regulatory sectors. Wolters Kluwer had 2008 annual revenues of €3.4 billion, employs approximately 20,000 people worldwide, and maintains operations in over 35 countries across Europe, North America, Asia Pacific, and Latin America. Wolters Kluwer is headquartered in Amsterdam, the Netherlands. Its shares are quoted on Euronext Amsterdam (WKL) and are included in the AEX and Euronext 100 indices. Visit www.wolterskluwer.com for information about our market positions, customers, brands, and organization.

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