Advanced Accounting ISE

15th Edition
1266266461 · 9781266266461
The 15th edition allows students to think critically, just as they will in their careers and preparing for the CPA exam. It provides a well-balanced appreciation of the accounting profession and focuses on past controversies and present resolutions. … Read More
Chapter 1: The Equity Method of Accounting for Investments 
Chapter 2: Consolidation of Financial Information 
Chapter 3: Consolidations—Subsequent to the Date of Acquisition 
Chapter 4: Consolidated Financial Statements and Outside Ownership 
Chapter 5: Consolidated Financial Statements—Intra-Entity Asset Transactions 
Chapter 6: Variable Interest Entities, Intra-Entity Debt, Consolidated Cash Flows, and Other Issues 
Chapter 7: Consolidated Financial Statements—Ownership Patterns and Income Taxes 
Chapter 8: Segment and Interim Reporting 
Chapter 9: Foreign Currency Transactions and Hedging Foreign Exchange Risk
Chapter 10: Translation of Foreign Currency Financial Statements 
Chapter 11: Worldwide Accounting Diversity and International Standards
Chapter 12: Financial Reporting and the Securities and Exchange Commission 
Chapter 13: Accounting for Legal Reorganizations and Liquidations
Chapter 14: Partnerships: Formation and Operation 
Chapter 15: Partnerships: Termination and Liquidation 
Chapter 16: Accounting for State and Local Governments (Part 1) 
Chapter 17: Accounting for State and Local Governments (Part 2) 
Chapter 18: Accounting and Reporting for Private Not-for-Profit Entities 
Chapter 19: Accounting for Estates and Trusts 


The 15th edition allows students to think critically, just as they will in their careers and preparing for the CPA exam. It provides a well-balanced appreciation of the accounting profession and focuses on past controversies and present resolutions. It shows the development of financial reporting as a product of intense and considered debate that continues today and will in the future. It is praised for its easy comprehension and engaging, lively and conversational tone, and has relatable examples from Forbes, Wall Street Journal and Bloomberg Business Week throughout. Discussion questions (like mini cases) help explain the issues in practical terms. Often these cases demonstrate to students why a topic is problematic and worth considering. Strong end of chapter questions like develop your skills help students master Research, Analysis, Spreadsheet and Communication needed to pass the CPA Exam. In Connect students have UWorld CPA Review questions, SmartBook, Integrated Excel and more! 

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