Building upon previous editions of Advanced Accounting, author Debra C. Jeter continues to deliver a balanced and detailed approach to the conceptual and technical aspects of advanced accounting. This new and enhanced edition features more in-depth information about international accounting, the upcoming globalization of accounting standards, changes with FASBs, and the latest developments and differences between U.S. GAAP and IFRS. As always, the text also includes comprehensive coverage of all three methods of consolidated financial reporting (cost, partial equity, complete equity).
I: Accounting for Mergers, Acquisitions, and Liquidations.
1 Introduction to Business Combinations and the Conceptual Framework.
2 Accounting for Business Combinations.
3 Consolidated Financial Statements-Date of Acquisition.
4 Consolidated Financial Statements after Acquisition.
5 Allocation and Depreciation of Differences between Implied and Book Values.
6 Elimination of Unrealized Profit on Intercompany Sales of Inventory.
7 Elimination of Unrealized Gains or Losses on Intercompany Sales of Property and Equipment.
8 Changes in Ownership Interest.
9 Intercompany Bond Holdings and Miscellaneous Topics-Consolidated Financial Statements.
10 Insolvency-Liquidation and Reorganization.
II: Accounting in the International Marketplace.
11. International Financial Reporting Standards.
12 Accounting for Foreign currency Transactions and Hedging Foreign Exchange Risk.
13 Translation of Financial Statements of Foreign Affiliates.
14 Reporting for Segments and for Interim Financial Periods.
III: Partnership Accounting.
15 Partnerships: Formation, Operation, and Ownership Changes.
16 Partnership Liquidation.
IV: Fund and Nonprofit Accounting.
17 Introduction to Fund Accounting.
18 Introduction to Accounting for State and Local Governmental Units.
19 Accounting for Nongovernment Nonbusiness Organizations: Colleges and Universities, Hospitals and Other Health Care Organizations.