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Advanced Accounting » (10th Edition)

Book cover image of Advanced Accounting by Joe B. Hoyle

Authors: Joe B. Hoyle, Timothy S. Doupnik, Thomas F. Schaefer
ISBN-13: 9780078136627, ISBN-10: 0078136628
Format: Hardcover
Publisher: McGraw-Hill Companies, The
Date Published: March 2010
Edition: 10th Edition

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Author Biography: Joe B. Hoyle

Joe B. Hoyle is Associate Professor of Accounting at the Robins School of Business at the University of Richmond, where he teaches Intermediate Accounting I and II and Advanced Accounting. He is currently the David Meade White Distinguished Teaching Fellow. He has been named a Distinguished Educator five times and Professor of the Year on two occasions. He is also author of Fast Track CPA Examination Review and coauthor of The Lakeside Company Case Studies in Auditing.

Thomas F. Schaefer is the KPMG Professor of Accounting at the University of Notre Dame. He has written a number of articles in scholarly journals such as The Accounting Review, Journal of Accounting Research, Journal of Accounting & Economics, Accounting Horizons, and others. His primary teaching and research interests are in financial accounting and reporting. Tom is active with the International Association for the Advancement of Collegiate Schools of Business (AACSB) and is a past President of the American Accounting Association’s Accounting Program Leadership Group (APLG).

Timothy S. Doupnik is the Cramer Fellow in International Accounting at the University of South Carolina. He received his Ph.D. in Accounting from the University of Illinois. Tim is a past president of the International Accounting Section of the American Accounting Association. He currently serves as an associate editor for the Journal of International Accounting Research and on the editorial board of several other international journals.

Book Synopsis

The approach used by Hoyle, Schaefer, and Doupnik in the new edition allows students to think critically about accounting, just as they will do while preparing for the CPA exam and in their future careers. With this text, students gain a well-balanced appreciation of the Accounting profession. As Hoyle 10e introduces them to the field’s many aspects, it often focuses on past controversies and present resolutions. The text continues to show the development of financial reporting as a product of intense and considered debate that continues today and into the future.

The writing style of the nine previous editions has been highly praised. Students easily comprehend chapter concepts because of the conversational tone used throughout the book. The authors have made every effort to ensure that the writing style remains engaging, lively, and consistent which has made this text the market leading text in the Advanced Accounting market. The Tenth Edition includes an increase integration of IFRS as well as the updated accounting standards.

Booknews

The latest edition of a standard text (2nd edition was 1987) adds new chapters on international accounting and on trusts and estates, as well as expanded coverage of consolidation accounting. Annotation c. Book News, Inc., Portland, OR (booknews.com)

Table of Contents

Ch. 1The equity method of accounting for investments1
Ch. 2Consolidation of financial information35
Ch. 3Consolidations - subsequent to the date of acquisition93
Ch. 4Consolidated financial statements and outside ownership155
Ch. 5Consolidated financial statements - intercompany asset transactions211
Ch. 6Variable interest entities, intercompany debt, consolidated cash flows, and other issues258
Ch. 7Consolidated financial statements - ownership patterns and income taxes314
Ch. 8Segment and interim reporting364
Ch. 9Foreign currency transactions and hedging foreign exchange risk409
Ch. 10Translation of foreign currency financial statements469
Ch. 11Worldwide accounting diversity and international standards524
Ch. 12Financial reporting and the securities and exchange commission566
Ch. 13Accounting for legal reorganizations and liquidations590
Ch. 14Partnerships : formation and operation632
Ch. 15Partnerships : termination and liquidation670
Ch. 16Accounting for state and local governments (part 1)706
Ch. 17Accounting for state and local governments (part 2)756
Ch. 18Accounting and reporting for private not-for-profit organizations814
Ch. 19Accounting for estates and trusts853

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