Advanced Financial Accounting » (8th Edition)

The eighth edition of Advanced Financial Accounting is an up-to-date, comprehensive, and highly illustrated presentation of the accounting and reporting principles used in a variety of business entities. The new edition continues to provide strong coverage based on continuous case examples that tie all of the disparate details of Advanced Accounting together for the students. The text is highly illustrated with complete presentations of worksheets, schedules, and financial states so that students can see the development of each topic. Inclusion of all recent FASB and GASB pronouncements and the continuing deliberations of the authoritative bodies provide a current and contemporary text for students preparing for the CPA Exam and current practice. The book's building block approach introduces concepts with simple examples and then gradually introduces complexity, allowing students to easily keep pace with the material.

Chapter 1: Intercorporate Acquisitions and Investments in Other Entities

Chapter 2: Reporting Intercorporate Interests

Chapter 3: The Reporting Entity and Consolidated Financial Statements

Chapter 4: Consolidation of Wholly Owned Subsidiaries

Chapter 5: Consolidation of Less-Than-Wholly-Owen Subsidiaries

Chapter 6: Intercompany Transfers Noncurrent Assets

Chapter 7: Intercompany Inventory Transactions

Chapter 8: Intercompany Indebtedness

Chapter 9: Consolidation Ownership Issues

Chapter 10: Additional Consolidation Reporting Issues

Chapter 11: Multinational Accounting: Foreign Currency Transactions and Financial Instruments

Chapter 12: Multinational Accounting: Translation of Foreign Entity Statements

Chapter 13: Segment and Interim Reporting

Chapter 14: SEC Reporting

Chapter 15: Partnerships: Formation, Operation, and Changes in Membership

Chapter 16: Partnerships: Liquidation

Chapter 17: Governmental Entities: Introduction and General Fund Accounting

Chapter 18: Governmental Entities: Special Funds and Government-wide Financial Statements

Chapter 19: Not-for-Profit Entities

Chapter 20: Corporations in Financial Difficulty