Publisher's Synopsis
Advanced Financial Accounting is an up-to-date, comprehensive, and highly illustrated presentation of the accounting and reporting principles and procedures in a variety of businesses. Every day, the news carries stories about merger and acquisition mania, the complexities of modern business entities, new organizational structures for conducting business, accounting scandals related to complex business transactions, the foreign activities of multinational firms, the operations of governmental and not-for-profit entities, and bankruptcies of major firms. Accountants must understand and know how to deal with ramifications of these issues. This edition provides detailed coverage of advanced accounting topics and integrated coverage based on continuous case examples. The text is complete with illustrations of worksheets, schedules, and financial statements and includes recent FASB and GASB pronouncements providing a contemporary text for students preparing for the CPA exam and careers.
