Advanced Accounting: 7th Edition

Author: (USA) Fisher
Publisher:
Publish Date: 2004-10-01
Features: The greatest feature of this book is that it reflects the latest dynamics in the accounting field today, with comprehensive content and a rigorous structure. Part of the book starts with business combinations and consolidated financial statements, providing a detailed and thorough comparison of the purchase method and pooling of interests method. It analyzes and discusses the weaknesses of the pooling of interests method and its shortcomings compared to the purchase method in a profound yet accessible manner. This undoubtedly provides significant help in deeply understanding the changes in international accounting standards and in doing our own work. The second part of the book analyzes and explains multinational corporate accounting, primarily focusing on the international accounting environment, foreign currency transactions, and foreign currency financial statement translation. This content showcases the perspectives and practical handling methods of the U.S. accounting field on these issues, offering substantial insights for Chinese enterprises that have joined the WTO. The third part of the book focuses on special reporting matters, emphasizing the disclosure of interim reports, segment reports, and earnings per share information. With the relevant specific accounting standards already issued in China, this allows for a deeper understanding of China's accounting standards. The fourth part of the book covers partnership accounting, presenting a relatively comprehensive overview of the accounting methods and practices for U.S. partnership enterprises. This content can also serve as a reference for the sound development of partnership accounting in China. In summary, the content of this book aligns well with the realities of China's economic reform. Diligently studying this book can achieve the goal of "making foreign techniques serve China," and play a role in promoting China's accounting reform and even its broader economic reform.