Fundamentals of Advanced Accounting » (3rd Edition)

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.

Fundamentals of Advanced Accounting, 3/e is ideal for those schools wanting to cover 12 chapters in their advanced accounting course. This brief yet concise text allows students to think critically about accounting, just as they will do preparing for the CPA exam. With this text, students gain a well-balanced appreciation of the Accounting profession. The 3rd edition introduces the students to the field’s many aspects, while focusing on past 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 as it originates from Hoyle’s big text Advanced Accounting.

Ch. 1 The Equity Method of Accounting for Investments 1

Ch. 2 Consolidation of Financial Information 37

Ch. 3 Consolidations - Subsequent to the Date of Acquisition 85

Ch. 4 Consolidated Financial Statements and Outside Ownership 143

Ch. 5 Consolidated Financial Statements - Intercompany Asset Transactions 197

Ch. 6 Variable Interest Entities, Intercompany Debt, Consolidated Cash Flows, and Other Issues 244

Ch. 7 Foreign Currency Transactions and Hedging Foreign Exchange Risk 293

Ch. 8 Translation of Foreign Currency Financial Statements 352

Ch. 9 Partnerships: Formation and Operation 406

Ch. 10 Partnerships: Termination and Liquidation 443

Ch. 11 Accounting for State and Local Governments (Part 1) 479

Ch. 12 Accounting for State and Local Governments (Part 2) 529

Index 587