Advanced Accounting, 12th Edition

NOTE: This book is standalone book and will not include an access card / code.

The approach used by Hoyle, Schaefer, and Doupnik in the new edition allows students to think critically about accounting, just as they will do while preparing for the CPA exam and in their future careers. With this text, students gain a well-balanced appreciation of the Accounting profession. As Hoyle 12e introduces them to the field’s many aspects, it often focuses on past controversies and present resolutions. The text continues to show the development of financial reporting as a product of intense and considered debate that continues today and into the future.

The writing style of the eleven previous editions has been highly praised. Students easily comprehend chapter concepts because of the conversational tone used throughout the book. The authors have made every effort to ensure that the writing style remains engaging, lively, and consistent which has made this text the market leading text in the Advanced Accounting market. The 12th edition includes an increased integration of IFRS as well as updated accounting standards.

Table of Contents

Chapter One: The Equity Method of Accounting for Investments
Chapter Two: Consolidation of Financial Information
Chapter Three: Consolidations—Subsequent to the Date of Acquisition
Chapter Four: Consolidated Financial Statements and Outside Ownership
Chapter Five: Consolidated Financial Statements—Intra-Entity Asset Transactions
Chapter Six: Variable Interest Entities, Intra-Entity Debt, Consolidated Cash Flows, and Other Issues
Chapter Seven: Consolidated Financial Statements—Ownership Patterns and Income Taxes
Chapter Eight: Segment and Interim Reporting
Chapter Nine: Foreign Currency Transactions and Hedging Foreign Exchange Risk
Chapter Ten: Translation of Foreign Currency Financial Statements
Chapter Eleven: Worldwide Accounting Diversity and International Standards
Chapter Twelve: Financial Reporting and the Securities and Exchange Commission
Chapter Thirteen: Accounting for Legal Reorganizations and Liquidations
Chapter Fourteen: Partnerships: Formation and Operation
Chapter Fifteen: Partnerships: Termination and Liquidation
Chapter Sixteen: Accounting for State and Local Governments (Part 1)
Chapter Seventeen: Accounting for State and Local Governments (Part 2)
Chapter Eighteen: Accounting and Reporting for Private Not-for-Profit Entities
Chapter Nineteen: Accounting for Estates and Trusts