McGraw-Hill Higher Education; 12th edition
The Advanced Financial Accounting 12th edition (PDF) is a presentation of the reporting and accounting principles and procedures that are utilized in a range of company entities. It is comprehensive, up-to-date, and highly illustrated in four different colors. College students need to be able to deal with the reporting and accounting repercussions of difficulties such as those listed below in order to be prepared for the articles that appear daily in the business press concerning the intricacies of modern corporate entities.
- mergers and acquisitions
- failures of huge companies to pay their debts
- redesigned organizational hierarchies
- actions conducted by multinational corporations in other countries
- activities carried out by organizations that are not-for-profit as well as by governmental bodies
- problems in accounting that are connected to complicated transactions
This most recent version, the 12th edition, continues to offer comprehensive coverage of advanced financial accounting issues, highlighting both the clarity of the presentation and the integration of the material through the use of ongoing case studies. Students of accounting will be able to better understand the progression of each topic thanks to the textbook's comprehensive presentations of financial statements and worksheets and schedules. Students who are preparing for the Certified Public Accountant exam and their future careers are provided with the most up-to-date content possible through the inclusion of recent pronouncements from both the GAAP and the FASB, as well as a focus on the ongoing deliberations of the authoritative bodies. The emphasis placed on currencies and standards in Advanced Financial Accounting has become more significant than it has ever been for both prospective professionals and students. This is because of the current rapid pace with which authoritative bodies have been dealing with big difficulties.