Advanced Financial Accounting

by Baker, Richard E.

• ISBN13: 9780073526744
• ISBN10: 0073526746
• Edition: 7th
• Format: Hardcover
• Copyright: 2007-03-23
• Publisher: McGraw-Hill/Irwin

Summary

The seventh edition ofAdvanced Financial Accountingis a comprehensive and highly illustrated presentation of the accounting and reporting principles used in a variety of business entities. The complete presentations of worksheets, schedules, and financial statements allow students to see the development of each new topic. 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. Because the course often serves students who plan to take the CPA exam, much ofAdvanced Financial Accounting'send-of-chapter material is provided in the formats as tested on the CPA exam. A wide variety of multiple-choice questions, cases requiring written presentations, and other objective answer format materials helps students even further to reinforce their mastery of text concepts.

Table of Contents

Corporate Expansion and Accounting for Business Combinations

Reporting Intercorporate Investments in Common Stock

The Reporting Entity and Consolidated Financial Statements

Consolidation as of the Date of Acquisition

Consolidation Following Acquisition

Intercorporate Transfers: Noncurrent Assets

Intercompany Inventory Transactions

Intercompany Indebtedness

Consolidation Ownership Issues

Additional Consolidation Reporting Issues

Multinational Accounting: Foreign Currency Transactions and Financial Instruments

Multinational Accounting: Translation of Foreign Entity Statements

Segment and Interim Reporting

SEC Reporting

Partnerships: Formation, Operation, and Changes in Membership

Partnerships: Liquidation

Governmental Entities: Introduction and General Fund Accounting

Governmental Entities: Special Funds and Government-Wide Financial Statements

Not-for-Profit Entities

Corporations in Financial Difficulty

Table of Contents provided by Publisher. All Rights Reserved.