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.
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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
Book by Baker Richard
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