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 provides detailed information on SOP 90-7 and FASB statements 141, 142, and 144 and revisions made in CSSR 93-1 by CSSR 03-1. The process of corporate restructuring is thoroughly described for controllers, CEOs, CFOs and CPAs with small businesses as clients.

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 provides detailed information on SOP 90-7 and FASB statements 141, 142, and 144 and revisions made in CSSR 93-1 by CSSR 03-1. The process of corporate restructuring is thoroughly described for controllers, CEOs, CFOs and CPAs with small businesses as clients.

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). The process of turning around a troubled business and restructuring its financial aspects is thoroughly described for controllers, CEOs, CFOs and CPAs with small businesses as clients.

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 before they can offer solutions. Completely updated, Bankruptcy and Insolvency Accounting, Seventh Edition, Two-Volume Set provides easy-to-follow, real-life examples with coverage of the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005, and updated legislation and practice changes due to Sarbanes-Oxley. The process of corporate restructuring is thoroughly described for controllers, CEOs, CFOs and CPAs with small businesses as clients.

The 2003 Supplement (0-471-39042-9) updates the following: Forms in Appendix A in Volume 2. Legal aspects of bankruptcy and insolvency proceedings including a new section on critical vendors. Rehabilitation proceedings under the bankruptcy code and operating under Chapter 11 as well as auditing procedures and reports. The supplement updates the core volume, Newton/Bankruptcy and Insolvency Accounting, Sixth Edition (ISBN 0-471-33144-9).