Advanced Financial Accounting

This text is illustrated with presentations of worksheets, schedules and financial statements, so students should be able to see the development of each topic. Contemporary FASB and GASB pronouncements are included to aid those preparing for the CPA examinations. In each chapter, the three alternative methods of accounting doe the parent's investment in the subsidiary are presented to see the differences in method and to see how the consolidated financial statements are the same whichever method is used.