Title: Advanced accounting /
Authors: Jeter, Debra C.; Chaney, Paul K. 1953-
Publisher: Wiley,
Year: 2010
Subjects: Accounting.
Abstract: "Designed for a senior level course in advanced accounting, this text delivers a balanced and detailed approach to the conceptual and technical aspects of advanced accounting. Reflective of the current state of the international accounting landscape, this new edition discusses the upcoming globalization of accounting standards with frequent references to the FASB's new Codification system and with a "compare and contrast" method for explaining the differences between U.S. GAAP and IFRS. In addition, Advanced Accounting includes comprehensive coverage of all three methods of consolidated financial reporting (cost, partial equity, complete equity). Authored with both the student and teacher in mind, margin icons and labels distinguish all three methods and other pedagogical features."--Publisher's website.
Contents: Pt. 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 -- Pt. 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 -- Pt. III. Partnership accounting -- 15. Partnerships: formation, operation, and ownership changes -- 16. Partnership liquidation -- Pt. 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.