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Advanced Financial Accounting 2025 Release By Theodore Christensen, David Cottrell, Cassy Budd

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1,121
File size
21.39 MB
Format
Digital PDF
Category
eBook[PDF]
About this ebook
The 2025 Release of Advanced Financial Accounting by Theodore E. Christensen, David M. Cottrell, and Cassy J. Budd covers core advanced accounting and reporting principles. [1, 2]
Key Topics Covered
  • Intercorporate Acquisitions & Investments: Equity method accounting, intercorporate investments, and business combinations. [1, 2, 3]
  • Consolidated Financial Statements: Acquisition accounting, noncontrolling interests, intercompany transactions (upstream and downstream), eliminations, and goodwill impairment. [1, 2, 3]
  • Multinational Accounting: Foreign currency transactions and translation of foreign financial statements. [1, 2, 3]
  • Specialized Reporting: Segment reporting, interim financial reporting, and SEC reporting requirements. [1, 2]
  • Partnerships: Formation, operations, ownership changes, and liquidation of partnerships. [1]
  • Governmental & Not-for-Profit Entities: Fund accounting, financial reporting, and operational rules for state and local governments and not-for-profit organizations (incorporating GASB and FASB pronouncements). [1, 2]
  • Corporations in Financial Difficulty: Bankruptcies, liquidations, and reorganizations. [1, 2]
TABLE OF CONTENTS: 1.  Intercorporate Acquisitions and Investments in Other Entities 2.  Reporting Intercorporate Investments and Consolidation of Wholly Owned Subsidiaries with No Differential 3.  The Reporting Entity and the Consolidation of Less-Than-Wholly-Owned Subsidiaries with No Differential 4.  Consolidation of Wholly Owned Subsidiaries Acquired at More Than Book Value 5.  Consolidation of Less-Than-Wholly-Owned Subsidiaries Acquired at More Than Book Value 6.  Intercompany Inventory Transactions 7.  Intercompany Transfers of Services and Noncurrent Assets 8.  Intercompany Indebtedness 9.  Consolidation Ownership Issues 10. Additional Consolidation Reporting Issues 11. Multinational Accounting: Foreign Currency Transactions and Financial Instruments 12. Multinational Accounting: Issues in Financial Reporting and Translation of Foreign Entity Statements 13. Segment and Interim Reporting 14. SEC Reporting 15. Partnerships: Formation, Operation, and Changes in Membership 16. Partnerships: Liquidation 17. Governmental Entities: Introduction and General Fund Accounting 18. Governmental Entities: Special Funds and Governmentwide Financial Statements 19. Not-for-Profit Entities 20. Corporations in Financial Difficulty

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