ISE Advanced Financial Accounting

The Thirteenth Edition of Advanced Financial Accounting is a comprehensive presentation of accounting and reporting principles and procedures used in business entities, covering merger and acquisition mania, complex business transactions, multinational firms, governmental and not-for-profit entities, and bankruptcies. Accountants must understand and know how to deal with these issues.

Format: Paperback / softback
Length: 1120 pages
Publication date: 01 March 2022
Publisher: McGraw-Hill Education

The Thirteenth Edition of Advanced Financial Accounting is a comprehensive and highly illustrated presentation of the accounting and reporting principles and procedures used in a wide range of business entities. With the business world constantly evolving, it is essential for accountants to stay up-to-date with the latest developments and challenges. Every day, the business press is filled with stories about merger and acquisition mania, the complexities of modern business entities, new organizational structures for conducting business, accounting scandals related to complex business transactions, the foreign activities of multinational firms, the operations of governmental and not-for-profit entities, and bankruptcies of major firms. These issues have significant accounting and reporting ramifications, and accountants must be equipped to understand and deal with them effectively.

The Thirteenth Edition of Advanced Financial Accounting provides a comprehensive and up-to-date coverage of the accounting and reporting principles and procedures used in various business entities. It is designed to help accountants understand and apply the latest accounting standards and practices, ensuring that they are able to provide accurate and timely financial information to stakeholders. The book is divided into several chapters, each covering a specific aspect of financial accounting.

One of the key features of the Thirteenth Edition is its extensive use of illustrations and examples. These illustrations help to clarify complex concepts and make the material more accessible to readers. The examples also provide real-world scenarios that accountants can relate to, helping them to apply the principles and procedures in a practical setting.

Another important aspect of the book is its focus on the accounting and reporting implications of various business issues. The authors have carefully selected topics that are relevant to today's business environment, including mergers and acquisitions, international operations, governmental and not-for-profit entities, and bankruptcies. By providing detailed explanations of these issues, the book helps accountants to understand the accounting and reporting requirements associated with them and to develop strategies for dealing with them effectively.

In addition to its coverage of accounting and reporting principles and procedures, the Thirteenth Edition of Advanced Financial Accounting also includes a comprehensive review of the latest accounting standards and practices. The book provides detailed explanations of the most recent accounting pronouncements, including International Financial Reporting Standards (IFRS) and U.S. GAAP. This review helps accountants to stay up-to-date with the latest developments in the accounting profession and to ensure that they are complying with the relevant accounting standards.

The Thirteenth Edition of Advanced Financial Accounting is an essential resource for accountants and financial professionals. It provides a comprehensive and up-to-date coverage of the accounting and reporting principles and procedures used in various business entities. With its extensive use of illustrations and examples, focus on accounting and reporting implications of various business issues, and comprehensive review of the latest accounting standards and practices, the book is designed to help accountants develop the skills and knowledge they need to succeed in their careers. Whether you are a new accountant or a seasoned professional, this book is a valuable tool that will help you to improve your understanding of financial accounting and to provide valuable insights to your clients and stakeholders.

Weight: 1962g
ISBN-13: 9781265042615
Edition number: 13 ed