
- 832 pages
- English
- PDF
- Available on iOS & Android
Advanced Accounting
About this book
Advanced Accounting delivers an in-depth, comprehensive introduction to advanced accounting theory and application, using actual business examples and relevant news stories to demonstrate how core principles translate into real-world business scenarios. Clearly defined and logically organized Learning Objectives aid in student comprehension, while highlighted Related Concepts illustrate how individual concepts fit into the larger picture. Short answer questions throughout the chapter allow students to test their knowledge before reaching the more in-depth end-of-chapter questions, promoting a deeper understanding of both technical and conceptual aspects of the field.
Written by active accounting researchers, this text brings clarity and flexibility to the central ideas underlying business combinations, consolidated financial statements, foreign currency transactions, partnerships, non-profit accounting and more. This new Seventh Edition has been updated to reflect the latest changes to FASB and GASB standards, allowing students to build a skill set based on up-to-date practices. With a student-oriented pedagogy designed to enhance comprehension, promote engagement, and build real-world understanding, this user-friendly book provides an essential foundation in current advanced accounting methods and standards.
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Information
Table of contents
- Cover
- Title Page
- Copyright
- About the Authors
- Preface
- Contents
- 1 Introduction to Business Combinations and the Conceptual Framework
- 2 Accounting for Business Combinations
- 3 Consolidated Financial statementsāDate of Acquisition
- 4 Consolidated Financial Statements After Acquisition
- 5 Allocation and Depreciation of Differences Between implied and Book Values
- 6 Elimination of Unrealized Profit on Intercompany Sales of Inventory
- 7 Elimination of Unrealized Gains or Losses on Intercompany Sales of Property and Equipment
- 8 Changes in Ownership Interest
- 9 Intercompany Bond Holdings and Miscellaneous TopicsāConsolidated Financial Statements
- 10 InsolvencyāLiquidation and Reorganization
- 11 International Financial Reporting Standards
- 12 Accounting for Foreign Currency Transactions and Hedging Foreign Exchange Risk
- 13 Translation of Financial Statements of Foreign Affiliates
- 14 Reporting for Segments and for Interim Financial Periods
- 15 Partnerships: Formation, Operation, and Ownership Changes
- 16 Partnership Liquidation
- 17 Introduction to Fund Accounting
- 18 Introduction to Accounting for State and Local Governmental Units
- 19 Accounting for Nongovernment Nonbusiness Organizations: Colleges and Universities, Hospitals and Other Health Care Organizations
- Glossary
- Index
- EULA