Amazon no longer offers textbook rentals. We do!

Advanced Accounting

by: Beams, Floyd A.; Clement, Robin P.; Anthony, Joseph H.; Lowensohn, Suzanne

Advanced Accounting

by: Beams, Floyd A.; Clement, Robin P.; Anthony, Joseph H.; Lowensohn, Suzanne

ISBN 13:
9780131851221
ISBN 10:
0131851225
Edition: 9th
Format: Hardcover
Copyright: 01/01/2009
Publisher: Pearson College Div
Newer Edition

Rent

Sorry, this item is currently unavailable.

Note: Supplemental materials are not guaranteed with Rental or Used book purchases.

Extend or Purchase Your Rental at Any Time

Need to keep your rental past your due date? At any time before your due date you can extend or purchase your rental through your account.

Summary

For junior and senior-level Advanced Accounting courses Advanced Accounting 9/e uses the complete equity method to allow students to focus on accounting concepts rather than bookkeeping techniques in learning consolidation material. The presentation of consolidation material and the use of excerpts from popular business press and references to real world companies and governmental and non-profit institutions are used to illustrate key concepts and maintain a strong student orientation.

Preface

xvii

Business Combinations

(26)

The Legal Form of Business Combinations

(1)

The Accounting Concept of a Business Combination

(2)

Accounting for Business Combinations Under the Purchase Method

(9)

Disclosure Requirements

(3)

The Sarbanes-Oxley Act of 2002

(8)

Electronic Supplement to Chapter 1

Stock Investments---Investor Accounting and Reporting

(36)

Accounting for Stock Investments

(4)

Equity Method of Accounting---A One-Line Consolidation

(7)

Interim Acquisitions of an Investment Interest

(2)

Investment in a Step-By-Step Acquisition

(1)

Sale of an Equity Interest

(1)

Stock Purchases Directly from the Investee

(1)

Investee Corporation With Preferred Stock

(1)

Extraordinary Items, Cumulative-Effect-Type Adjustments, and Other Considerations

(1)

Disclosures for Equity Investees

(2)

Testing Goodwill for Impairment

(18)

An Introduction to Consolidated Financial Statements

(38)

Business Combinations Consummated through Stock Acquisitions

(4)

Consolidated Balance Sheet at Date of Acquisition

(4)

Consolidated Balance Sheets after Acquisition

(2)

Allocation of Excess to Identifiable Net Assets and Goodwill

(7)

Consolidated Income Statement

(1)

Push-Down Accounting

(2)

Preparing a Consolidated Balance Sheet Worksheet

(18)

Electronic Supplement to Chapter 3

Consolidation Techniques and Procedures

101

(46)

Consolidation Under the Equity Method

101

(7)

Locating Errors

108

(1)

Excess Allocated to Identifiable Net Assets

108

(6)

Consolidated Statement of Cash Flows

114

(5)

Preparing a Consolidation Worksheet

119

(28)

Electronic Supplement to Chapter 4

Intercompany Profit Transactions---Inventories

147

(38)

Intercompany Inventory Transactions

148

(5)

Downstream and Upstream Sales

153

(2)

Unrealized Profits from Downstream Sales

155

(3)

Unrealized Profits from Upstream Sales

158

(3)

Consolidation Example---Intercompany Profits from Downstream Sales

161

(2)

Consolidation Example---Intercompany Profits from Upstream Sales

163

(22)

Electronic Supplement to Chapter 5

Intercompany Profit Transactions---Plant Assets

185

(36)

Intercompany Profits on Nondepreciable Plant Assets

185

(5)

Intercompany Profits on Depreciable Plant Assets

190

(8)

Plant Assets Sold at Other Than Fair Value

198

(2)

Consolidation Example---Upstream and Downstream Sales of Plant Assets

200

(2)

Inventory Items Purchased for Use as Operating Assets

202

(19)

Electronic Supplement to Chapter 6

Intercompany Profit Transactions---Bonds

221

(28)

Intercompany Bond Transactions

221

(1)

Constructive Gains and Losses on Intercompany Bonds

222

(2)

Parent Company Bonds Purchased by Subsidiary

224

(6)

Subsidiary Bonds Purchased by Parent

230

(19)

Electronic Supplement to Chapter 7

Consolidations---Changes in Ownership Interests

249

(34)

Acquisitions During an Accounting Period

249

(4)

Piecemeal Acquisitions

253

(2)

Sale of Ownership Interests

255

(5)

Changes in Ownership Interests from Subsidiary Stock Transactions

260

(5)

Stock Dividends and Stock Splits by a Subsidiary

265

(18)

Electronic Supplement to Chapter 8

Indirect and Mutual Holdings

283

(36)

Affiliation Structures

283

(2)

Indirect Holdings---Father-Son-Grandson Structure

285

(4)

Indirect Holdings---Connecting Affiliates Structure

289

(4)

Mutual Holdings---Parent Stock Held by Subsidiary

293

(10)

Subsidiary Stock Mutually Held

303

(16)

Electronic Supplement to Chapter 9

Subsidiary Preferred Stock, Consolidated Earnings per Share, and Consolidated Income Taxation

319

(52)

Subsidiaries with Preferred Stock Outstanding

319

(8)

Parent-Company and Consolidated Earnings per Share

327

(2)

Subsidiary with Convertible Preferred Stock

329

(1)

Subsidiary With Options and Convertible Bonds

330

(2)

Accounting for Income Taxes of Consolidated Entities

332

(1)

Income Tax Allocation

333

(3)

Separate-Company Tax Returns with Intercompany Gain

336

(2)

Effect of Consolidated and Separate-Company Tax Returns on Consolidated Procedures

338

(10)

Business Combinations

348

(3)

Financial Statement Disclosures for Income Taxes

351

(20)

Electronic Supplement to Chapter 10

Consolidation Theories, Push-Down Accounting, and Corporate Joint Ventures

371

(42)

Comparison of Consolidation Theories

372

(3)

Illustration---Consolidation Under Parent-Company and Entity Theories

375

(9)

Push-Down Accounting and Other Basis Considerations

384

(7)

Joint Ventures

391

(4)

Accounting for Variable Interest Entities

395

(18)

Electronic Supplement to Chapter 11

Foreign Currency Concepts and Transactions

413

(42)

Foreign Exchange Concepts and Definitions

413

(3)

Foreign Currency Transactions Other than Forward Contracts

416

(5)

FASB Statement No. 133: Accounting for Derivative Instruments and Hedging Activities

421

(5)

Accounting for Hedge Contracts: Illustrations of Cash Flow and Fair Value Hedge Accounting Using Interest Rate Swaps

426

(6)

Foreign Currency Derivatives and Hedging Activities

432

(23)

Foreign Currency Financial Statements

455

(58)

Objectives of Translation and the Functional Currency Concept

455

(2)

Application of the Functional Currency Concept

457

(4)

Illustration: Translation Under Statement No. 52

461

(7)

Illustration: Remeasurement Under Statement No. 52

468

(4)

Hedging a Net Investment in a Foreign Entity

472

(41)

Segment and Interim Financial Reporting

513

(26)

Segment Reporting Under FASB Statement No. 131

513

(6)

Interim Financial Reporting

519

(2)

Guidelines for Preparing Interim Statements

521

(18)

Partnerships---Formation, Operations, and Changes in Ownership Interests

539

(36)

Nature of Partnerships

539

(1)

Initial Investments in a Partnership

540

(2)

Additional Investments and Withdrawals

542

(1)

Partnership Operations

543

(1)

Profit and Loss Sharing Agreements

544

(6)

Changes in Partnership Interests

550

(1)

Purchase of an Interest from Existing Partners

551

(3)

Investing in an Existing Partnership

554

(3)

Dissolution of a Continuing Partnership Through Death or Retirement

557

(2)

Limited Partnerships

559

(16)

Partnership Liquidation

575

(32)

The Liquidation Process

575

(4)

Safe Payments to Partners

579

(2)

Installment Liquidations

581

(5)

Cash Distribution Plans

586

(4)

Insolvent Partners and Partnerships

590

(17)

Corporate Liquidations and Reorganizations

607

(36)

Bankruptcy Reform Act of 1978

607

(3)

Liquidation

610

(1)

Illustration of a Liquidation Case

611

(8)

Reorganization

619

(4)

Financial Reporting During Reorganization

623

(1)

Financial Reporting for the Emerging Company

624

(1)

Illustration of a Reorganization Case

625

(18)

An Introduction to Accounting for State and Local Governmental Units

643

(36)

Historical Development of Accounting Principles for State and Local Governmental Units

643

(2)

Overview of Basic Governmental Accounting Models and Principles

645

(10)

The Financial Reporting Entity

655

(1)

Comprehensive Annual Financial Report

656

(23)

Accounting for State and Local Governmental Units---Governmental Funds

679

(44)

The General Fund

679

(1)

Accounting for the General Fund

679

(10)

Special Revenue Funds

689

(1)

Permanent Funds

690

(1)

Capital Projects Funds

691

(4)

Special Assessment Activities

695

(1)

Debt Service Funds

696

(2)

Governmental Fund Financial Statements

698

(2)

Preparing the Governmentwide Financial Statements

700

(23)

Accounting for State and Local Governmental Units---Proprietary and Fiduciary Funds

723

(26)

Proprietary Funds

723

(1)

Internal Service Funds

724

(3)

Enterprise Funds

727

(3)

Proprietary Fund Financial Statements

730

(4)

Fiduciary Funds

734

(1)

Agency Funds

734

(2)

Trust Funds

736

(3)

Preparing the Governmentwide Financial Statements

739

(1)

Required Proprietary Fund Note Disclosures

740

(9)

Accounting for Not-For-Profit Organizations

749

The Nature of Not-For-Profit Organizations

749

(1)

Not-For-Profit Accounting Principles

750

(5)

Voluntary Health and Welfare Organizations

755

(6)

``Other'' Not-For-Profit Organizations

761

(1)

Nongovernmental Not-For-Profit Hospitals and Other Health Care Organizations

762

(5)

Private Not-For-Profit Colleges and Universities

767

Appendix A SEC Influence on Accounting

The 1933 Securities Act

(1)

The Securities Exchange Act of 1934

(1)

The Sarbanes-Oxley Act

(1)

The Registration Statement for Security Issues

(1)

The Integrated Disclosure System

(2)

SEC Developments

Appendix B Estates and Trusts

(1)

Creation of an Estate

(1)

Probate Proceedings

(1)

Administration of the Estate

(1)

Accounting for the Estate

(1)

Illustration of Estate Accounting

(4)

Accounting for Trusts

Glossary

(1)

Index

Amazon no longer offers textbook rentals. We do!

Advanced Accounting

Advanced Accounting

9780131851221

0131851225

Summary

Table of Contents

Supplemental Materials

Write a Review

Amazon no longer offers textbook rentals. We do!

Advanced Accounting

Advanced Accounting

9780131851221

0131851225

Summary

Table of Contents

Supplemental Materials

Write a Review

Related Products