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Advanced Accounting [Hardcover]

Debra C. Jeter (Author), Paul Chaney (Author)
3.6 out of 5 stars  See all reviews (14 customer reviews)

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Book Description

December 9, 2009 0470506989 978-0470506981 4
Designed for a senior level course in advanced accounting, this text delivers a balanced and detailed approach to the conceptual and technical aspects of advanced accounting. Reflective of the current state of the international accounting landscape, this new edition discusses the upcoming globalization of accounting standards with frequent references to the FASB’s new Codification system and with a “compare and contrast” method for explaining the differences between U.S. GAAP and IFRS.

In addition, Advanced Accounting includes comprehensive coverage of all three methods of consolidated financial reporting (cost, partial equity, complete equity). Authored with both the student and teacher in mind, margin icons and labels distinguish all three methods and other pedagogical features.


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Editorial Reviews

From the Back Cover

This balanced and remarkably clear text provides comprehensive coverage of the most important topics in advanced accounting. Reflecting the current state of the international accounting landscape, this new edition discusses the upcoming globalization of accounting standards with frequent references to the FASB's new Codification system and with a "compare and contrast" method for explaining the differences between U.S. GAAP and IFRS. In addition, Advanced Accounting includes comprehensive coverage of all three methods of consolidated financial reporting (cost, partial equity, complete equity).

NEW TO THIS EDITION

  • Written with both the student and teacher in mind, including margin icons and labels to distinguish all three methods.
  • International Financial reporting Standa5ds content introduced with each topic where a standard is applicable and highlighted with a new "IFRS" margin icon.
  • New Chapter 11: International Financial reporting Standards, emphasizes the FASB and IASB major joint projects, including revenue recognition, accounting for leases, and financial statement presentation.
  • Updated end-of-chapter material that includes relevant "Business Ethics" questions, Professional Simulation problems, and "In the News" features.

About the Author

Debra Jeter is an Associate Professor of Management in the Owen Graduate School of Management at Vanderbilt University. She received her Ph.D. in accounting from Vanderbilt University. Dr. Jeter has published articles in The Accounting Review, the Journal of Accounting and Economics, Auditing: A Journal of Practice and Theory, Contemporary Accounting research, and Accounting Horizons, as well as in popular magazines including Working Woman and Savvy. She has co-authored on previous book, "Managerial Cost Accounting: Planning and Control," and has written chapters in others. She has taught at both the graduate and undergraduate levels and is currently teaching financial accounting to masters' level students.

Product Details

  • Hardcover: 1032 pages
  • Publisher: Wiley; 4 edition (December 9, 2009)
  • Language: English
  • ISBN-10: 0470506989
  • ISBN-13: 978-0470506981
  • Product Dimensions: 10.1 x 8.2 x 1.6 inches
  • Shipping Weight: 4 pounds (View shipping rates and policies)
  • Average Customer Review: 3.6 out of 5 stars  See all reviews (14 customer reviews)
  • Amazon Best Sellers Rank: #461,955 in Books (See Top 100 in Books)

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Customer Reviews

14 Reviews
5 star:
 (9)
4 star:    (0)
3 star:    (0)
2 star:    (0)
1 star:
 (5)
 
 
 
 
 
Average Customer Review
3.6 out of 5 stars (14 customer reviews)
 
 
 
 
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Most Helpful Customer Reviews

12 of 14 people found the following review helpful:
1.0 out of 5 stars 2nd Edition means many errors, October 13, 2003
By 
"audiohorizon" (Albany, Ny United States) - See all my reviews
This review is from: Advanced Accounting (Hardcover)
Recognize that this is only a second edition and that all the bugs have not been worked out yet. I have found several typos, misprints, errored calculations, etc. within this text. Also, the layout is not student friendly. Studying for several hours from this text will cause headaches. It is very difficult to look back in a chapter and find something as the sections don't readily stand out. The authors appear to struggle at times to clarify the issues surrounding a topic. Very often this vague writing leaves the student with the responsibility of deciphering the author's intentions. Also, the errors can cause horrendous confusion. They can be overcome, but only when the student understands the material enough to recognize an error. Overall, this is a fairly poor book especially for those looking to learn advanced accounting. This book should be more accurate as the only change it really recieved is an update concerning the impairment of goodwill.
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5 of 5 people found the following review helpful:
1.0 out of 5 stars Tension Headache, October 23, 2005
By 
D. King (Germantown, MD) - See all my reviews
(REAL NAME)   
This review is from: Advanced Accounting (Hardcover)
I am disgusted that of all the Advanced Accounting books available my university chose this book. If you want to learn Advanced Accounting, chose another alternative. This book will give you a headache.
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3 of 3 people found the following review helpful:
5.0 out of 5 stars The reviewer who read the book, January 17, 2010
This review is from: Advanced Accounting (Hardcover)
This book is really fun to read. It presents the three methods(partial equity, full equity, and cost method)in worked-out accounting sheets and refer to the journal entries, I do not know why some of the reviewers gave it one star. I read the book completely and the only thing I was not happy about was the use of small letters in the last three chapters, I would have given this book 4 stars but I read the reviews from the reviewers that gave it one star and I do not agree with them. I am giving it 5 stars. My opinion is this book deserves 4 or 5 stars
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Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
retained earnings, noncontrolling interest, accumulated depreciation, general fund, depreciation expense, fund balance, other contributed capital, exchange dealer, exposure draft, fund accounting, business combinations, salt company, interest revenue, capital projects fund, income tax expense, operating expenses, internal service fund, plant fund, consolidated workpaper, estimated revenue, current liabilities, other financing sources, total debits, treasury stock, estimated uncollectible taxes
Key Phrases - Capitalized Phrases (CAPs): (learn more)
Cost of Goods Sold, Dividends Declared, Accounts Receivable, Beginning Retained, Accounts Payable, Dividend Income, Bonds Payable, United States, Total Assets, Total Revenue, Other Expenses, Cost of Sales, Other Assets, Capital Stock, Interest Expense, Multiple Choice, Sanchez Company, Interest Balances Sales, Succo Company, Other Liabilities, Notes Payable, Elimination of Unrealized Profit, Elimination of Unrealized Gains, Salem Company, Company Stock
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