This title is out of print.
Floyd A. Beams, Michigan State University
Joseph H. Anthony, Retired; Virginia Polytechnic Institute
Accounting in the Real World. All chapters contain excerpts from the popular business press and references to familiar real-world companies, institutions, and events. Some companies featured are:Tailor the material to your needs:
Annual Reports. Examples are taken from annual reports of well-known companies and governmental and non-profit institutions to illustrate key concepts and maintain student interest. Companies include:
- American Airlines
- Compaq Computer Corporation
- Sea Corporation
- Pac Corporation
- Acme Corporation
Easily Customizable. The Pearson Custom Business Resource allows you to fit your text to your syllabus, chapter-by-chapter. You even have the option to add your own material or third-party content. To receive your free evaluation copy or build your book online, please visit www.pearsoncustom.com or contact directly via email at firstname.lastname@example.org.Offer the latest information:
New Standards. All chapters have been updated to include coverage of the latest international reporting standards and issues, where appropriate. As U.S. and international reporting standards move toward greater harmonization, the international coverage continues to expand in the eleventh edition.OTHER POINTS OF DISTINCTION
NEW! The governmental and not-for-profit chapters have been updated to include all standards through GASB No. 59. These chapters have also been enhanced with illustrations of the financial statements from Golden, Colorado. Coverage now includes service efforts and accomplishments, and post-employment benefits other than pensions. Chapter 20 includes an exhibit with t-accounts to help students follow the governmental fund transactions and their financial statement impact.
Chapter 1: Business Combinations
Chapter 2: Stock Investments—Investor Accounting and Reporting
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
Chapter 11: Consolidation Theories, Push-Down Accounting, and Corporate Joint Ventures
Chapter 12: Derivatives and Foreign Currency: Concepts and Common Transactions
Chapter 13: Accounting for Derivatives and Hedging Activities
Chapter 14: Foreign Currency Financial Statements
Chapter 15: Segment and Interim Financial Reporting
Chapter 16: Partnerships—Formation, Operations, and Changes in Ownership Interests
Chapter 17: Partnership Liquidation
Chapter 18: Corporate Liquidations and Reorganizations
Chapter 19: An Introduction to Accounting for State and Local Governmental Units
Chapter 20: Accounting for State and Local Governmental Units—Governmental Funds
Chapter 21: Accounting for State and Local Governmental Units—Proprietary and Fiduciary Funds
Chapter 22: Accounting for Not-for-Profit Organizations
Chapter 23: Estates and Trusts
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