An in depth guide to accounting that reflects the most up to date business developments. This comprehensive textbook addresses practical financial reporting problems while reflecting recent business developments and changes in accounting standards. This edition has been rewritten to align with the Financial Accounting Standards Board Accounting Standards Codification.
Chapter 1 Business combinations
Chapter 2 Stock Investments – Investor Accounting
Chapter 3 An Introduction to Consolidated Financial Statements
Chapter 4 Consolidation Techniques and Procedures
Chapter 5 Intercompany Profit Transactions – Inventories
Chapter 6 Intercompany Profit Transactions – Plant Assets
Chapter 7 Intercompany Profit Transactions – Bonds
Chapter 8 consolidations – Changes in Ownership Interests
Chapter 9 Indirect and Mutual Holdings
Chapter 10 Subsidiary Preferred Stock, Consolidated Earnings per Share, and Consolidated Income Taxation
, etc.