Designed for a senior level course in advanced accounting, thistext delivers a balanced and detailed approach to the conceptualand technical aspects of advanced accounting. Reflective of thecurrent state of the international accounting landscape, this newedition discusses the upcoming globalization of accountingstandards with frequent references to the FASB s newCodification system and with a compare and contrast method for explaining the differences between U.S. GAAP and IFRS.

In addition, Advanced Accounting includes comprehensivecoverage of all three methods of consolidated financial reporting(cost, partial equity, complete equity). Authored with both thestudent and teacher in mind, margin icons and labels distinguishall three methods and other pedagogical features.