Advanced Accounting, 6th Edition

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Advanced Accounting, 6th Edition

By Debra C. Jeter, Paul K. Chaney

Designed for the advanced accounting course, Advanced Accounting delivers a balanced and detailed approach to the conceptual and technical aspects of financial accounting and reporting. Advanced Accounting includes comprehensive coverage of all three methods of consolidated financial reporting (cost, partial equity, complete equity). U.S. standards and international principles are compared and contrasted, drawing the student’s attention to the differences.

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Debra C Jeter is a professor at Vanderbilt University and also received her Ph.D. in accounting from Vanderbilt. Professor Jeter currently serves on the Editorial Boards of Accounting and Business Research, Accounting and Finance, and Meditari Accountancy Research. She has been active throughout her career in the AAA, serving yearly as discussant, moderator, panelist or presenter at the annual and mid-year meetings. Professor Jeter’s many awards and honors include scholarships and fellowships from Deloitte Haskins & Sells, KPMG Peat Marwick, and the American Accounting Association (AAA). She has also won numerous accolades for her teaching and research excellence, including the James A Webb Award for Excellence in Teaching in 2002 and the Dean’s Research Productivity Award in 2016. Debra’s research has been published in such journals as The Accounting Review, Journal of Accounting and Economics, Contemporary Accounting Research, Auditing: A Journal of Practice and Theory, Accounting Horizons, Journal of Accounting and Public Policy, Journal of Accounting, Auditing, and Finance, and Journal of Management Accounting Research. She has also written articles for popular magazines on practical subjects ranging from insurance to taxes, and has coauthored two textbooks.

Paul K. Chaney is a professor at Vanderbilt University and received his Ph.D. in accounting from Indiana State University. Paul currently serves on the Editorial Boards of Auditing: A Journal of Practice and Theory, and The Accounting Review. He is the Area Head of Accounting for Owen, and has served in numerous committee and Faculty Senate capacities over his career at Vanderbilt. Paul has earned the Dean’s Award for Excellence in Teaching 3 times, in addition to the Research Award. Paul has been published in several notable journals, including the The Journal of Accounting and Economics, Journal of Accounting Auditing and Finance, Accounting Review, and the Journal of Corporate Finance. He co-authored one textbook.

Chapter 1. Introduction to Business Combinations and the Conceptual Framework
Chapter 2. Accounting for Business Combinations
Chapter 3. Consolidated Financial Statements – Date of Acquisition
Chapter 4. Consolidated Financial Statements After Acquisition
Chapter 5. Allocation and Depreciation of Differences Between Implied and Book Values
Chapter 6. Elimination of Unrealized Profit on Intercompany Sales of Inventory
Chapter 7. Elimination of Unrealized Gains or Losses on Intercompany Sales of Property and Equipment
Chapter 8. Changes in Ownership Interest
Chapter 9. Intercompany Bond Holdings and Miscellaneous Topics – Consolidated Financial Statements
Chapter 10. Insolvency – Liquidation and Reorganization
Chapter 11. International Financial Reporting Standards
Chapter 12. Accounting for Foreign Currency Transactions and Hedging Foreign Exchange Risk
Chapter 13. Translation of Financial Statements of Foreign Affiliates
Chapter 14. Reporting for Segments and for Interim Financial Periods
Chapter 15. Partnerships: Formation, Operation and Ownership Changes
Chapter 16. Partnership Liquidation
Chapter 17. Introduction to Fund Accounting
Chapter 18. Introduction to Accounting for State and Local Governmental Units
Chapter 19. Accounting for Nongovernment Nonbusiness Organizations: Colleges and Universities, Hospitals, and other Health Care Organizations

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