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Accounting in the United States of America

Up-to-date information and background knowledge can help support and grow your business internationally. On this page you can access articles, books and online resources providing useful links to accounting standards, GAAP comparisons and other guides.

Some features on this page link to licensed products and are only available to logged-in members and students.

Access to articles is provided subject to publishers' terms of use.


The Library provides full text access to a selection of key business and reference eBooks from leading publishers. eBooks are available to logged-in ICAEW members, ACA students and other entitled users. If you are unable to access an eBook, please see our Help and support advice or contact library@icaew.com.

US GAAP 2021: Interpretation and application of Generally Accepted Accounting Principles

The most comprehensive guide to FASB Codifications, updated with the latest pronouncements Wiley GAAP 2021 is the essential resource for US GAAP implementation. Covering all codifications by the Financial Accounting Standards Board (FASB) - including the latest updates - this book provides clear explanations and practical examples for real-world application of these dynamic guidelines. Each chapter includes relevant sources of GAAP and expert guidance on interpretation, terminology, relevant concepts, and applicable rules, while in-depth discussion on the issues surrounding specific pronouncements offers informative perspective for a variety of scenarios.

Accounting for goodwill and other intangible assets

This title looks at the treatment of goodwill and other intangibles under IFRS and US GAAP and explains common practice in valuing these assets. Chapters cover: recognising intangible assets; initial measurement of acquired intangible assets; amortising intangible assets; impairment testing for goodwill and other intangible assets; financial statement presentation and disclosures; deferred tax consequences of goodwill and and intangible assets.

Revenue recognition: understanding and implementing the new standard

Provides an overview of the new revenue recognition standard and step-by-step instructions for finance professionals navigating through the new model, with numerous examples along the way. Offers a full explanation of over forty topics superseded by the new standard. The book includes digital ancillaries featuring measurement tools and GAAP and IFRS disclosure checklists.

Not for profit US GAAP 2017: Interpretation and application of generally accepted accounting principles.

Wiley Not-for-Profit US GAAP 2017 is the essential accounting resource for not-for-profit organizations, providing quick access to the most up-to-date standards and practical tools for implementation. This guide features helpful visual aids alongside detailed explanations tailored to the not-for-profit sector. Chapters include: Overview of not-for-profit organisations; Basic financial statements; Specific not-for-profit accounting topics; Other accounting-related not-for-profit topics; General accounting topics applied to not-for-profit organisations; Appendix contains disclosure checklist.

Terms of use: You are permitted to access, download, copy, or print out content from eBooks for your own research or study only, subject to the terms of use set by our suppliers and any restrictions imposed by individual publishers. Please see individual supplier pages for full terms of use.

Accounting standards

The ICAEW Library & Information Service offers a wide range of material on US GAAP which can be accessed through the website and the enquiry service. To find out more about the resources available take a look at our dedicated US GAAP resources page.

Standard setters

Local accounting standards are developed and set by:

Financial Accounting Standards Board (FASB)
FASB sets accounting standards for public and private companies and not-for-profit organizations. The standards issued by the FASB are recognized as authoritative by the Securities and Exchange Commission (SEC)

Governmental Accounting Standards Board (GASB)
GASB sets the accounting standards for state and local governmental entities.

Federal Accounting Standards Advisory Board (FASAB)
FASAB sets the accounting standards for federal governmental entities.

Accountancy associations and groups

Individual states

The AICPA provides a comprehensive directory of state CPA links.

Two of the largest state societies are:

Accounting Education has compiled a detailed collection of CPA requirements by state.


IPA Annual Survey and Analysis of Firms
Inside Public Accounting, the US accounting publication, conducts an annual survey of firms and produces a national benchmarking report showing the top 100, 200 and 300 accounting firms in the US. An archive of past rankings is available back to 2012.


Up-to-date news, summaries and resources from Deloitte focusing on US standards.

Service from EY providing US technical accounting guidance with links to briefings, news updates and analysis.

IASB–FASB convergence
Summary and timeline from Deloitte's IAS Plus service. The summary covers the status of current convergence projects and scope of the project as a whole.

ICAEW contact members

Contact member in the USA
ICAEW's network of Contact Members around the world are a point of contact for enquiries and act as ambassadors in promoting ICAEW's strategy and brand in each region.

IFRS adoption

Use of IFRS standards by jurisdiction: United States
Country profile prepared by the IFRS Foundation with notes on the extent of IFRS application, relevant jurisdictional authority, IFRS endorsement and translation of standards.

Online articles

The Library provides access to leading business, finance and management journals. These journals are available to logged-in ICAEW members, ACA students and other entitled users subject to suppliers' terms of use.

Articles and books in the Library collection

Selected books

Each selected book features specific accounting information on this country or territory; click on the links for more details. Alternatively, contact us if you have a particular enquiry or need further help consulting these titles.

International Corporate Procedures
This regularly updated database includes information on tax and accounting and features model company accounts. The model accounts are presented in the standard format for each country or territory with original language and English language versions presented together. Contact us to request documents from the database.

World Accounting
Kurt S Schulzke (ed.)
Each country or region entry contains sections on the framework of accounting (including the regulatory and standard setting regimes), individual accounting topics, auditing and appendices which can include commonly used terms and acronyms and example financial statements. This is a regularly updated looseleaf reference work in three volumes.

Find more resources

To find out how you can borrow books from the Library please see our guide to book loans. You can obtain copies of articles or extracts of books and reports by post or email through our document supply service.

Can't find what you are looking for?

If you're having trouble finding the information you need, ask the Library & Information Service. Contact us by telephone on +44 (0)20 7920 8620, by web chat or by email at library@icaew.com.

ICAEW accepts no responsibility for the content on any site to which a hypertext link from this site exists. The links are provided ‘as is’ with no warranty, express or implied, for the information provided within them. Please see the full copyright and disclaimer notice.