Advanced Financial Accounting

The Twelfth Edition of Advanced Financial Accounting is a comprehensive and highly illustrated presentation of accounting and reporting principles and procedures used in business entities. It covers recent FASB and GAAP pronouncements and emphasizes currency and standards, making it essential for students preparing for the CPA examination and future careers.

Format: Paperback / softback
Length: 1138 pages
Publication date: 04 July 2018
Publisher: McGraw-Hill Education

The Twelfth Edition of Advanced Financial Accounting is a comprehensive and visually appealing four-color presentation of the accounting and reporting principles and procedures employed in diverse business entities. In today's dynamic business landscape, the business press frequently reports on the complexities faced by modern organizations, emphasizing the need for students to grasp the accounting and reporting implications of various issues. These issues encompass a wide range of topics, including 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 many more.

This edition of Advanced Financial Accounting remains committed to providing robust coverage of advanced accounting topics with a clear and concise presentation, utilizing continuous case examples to facilitate understanding. The text is supplemented with comprehensive presentations of worksheets, schedules, and financial statements, allowing students to observe the development of each topic in detail. By incorporating recent FASB and GAAP pronouncements and focusing on the ongoing deliberations of authoritative bodies, the text ensures that students are equipped with the most current content for preparing for the CPA examination and their future careers.

In light of the rapid pace at which authoritative bodies address major issues, the emphasis on currency and standards in Advanced Financial Accounting has become increasingly crucial for both students and aspiring professionals. The text provides a solid foundation in these areas, equipping students with the knowledge and skills necessary to navigate the complex financial landscape and make informed decisions in their professional endeavors.

Weight: 1856g
Dimension: 218 x 277 x 40 (mm)
ISBN-13: 9781260091700
Edition number: 12 ed