Advanced financial accounting

Abstract

This book is an up-to-date comprehensive and highly illustrated four-color presentation of the accounting and reporting principles and procedures used in a variety of business entities. Every day the business press carries stories about the complexities of modern business entities and students must know how to deal with the accounting and reporting ramifications of issues such as: Mergers and acquisitions; New organizational structures; Accounting scandals related to complex transactions; Foreign activities of multinational firms; Operations of governmental and not-for-profit entities; Bankruptcies of major firms; and more! This edition continues to provide strong coverage of Advanced Accounting topics with clarity of presentation and integrated coverage based on continuous case examples. The text is complete with presentations of worksheets schedules and financial statements so students can see the development of each topic. Inclusion of recent FASB and GAAP pronouncements - and focus on the continuing deliberations of the authoritative bodies - provide the most current content for students preparing for the CPA examination and their future careers.