Renowned for its flexibility, clarity and comprehensiveness, this user-friendly text discusses the underlying theory and application of business combinations, consolidated financial statements, foreign currency transactions, partnerships and accounting for non-business organizations. This edition contains new material on leveraged buyouts, FASB's ongoing project on consolidations and related matters, enhanced and expanded illustrations and examples along with fresh discussion problems.
Having studied under another book on the same subject, I'm able to appreciate how well this book is written. It makes the seemingly impossible to understand not only doable but almost fun, by including plenty of illustrations in a straightforward format as well as real-life boxes on current events. The Excel tutorials made learning even easier when I got stuck occasionally on a particularly difficult concept.
Advanced Accounting
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