The Eleventh Edition of Advanced Financial Accounting is a comprehensive, and highly illustrated presentation of the accounting and reporting principles and procedures used across a variety of business entities. Every day, the business press carries stories about merger and acquisition mania, accounting scandals related to complex business transactions, the foreign activities of multinational firms, bankruptcies of major firms, and more. Accountants must understand and know how to deal with the accounting and reporting ramifications of these issues, and this text helps prepare students for the complex nature of financial accounting today.
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