The Thirteenth Edition of Advanced Financial Accounting is an
up-to-date, comprehensive, and highly illustrated presentation of
the accounting and reporting principles and procedures used in a
variety of business entities. Every day, the business press carries
stories about merger and acquisition mania, the complexities of
modern business entities, new organizational structures for
conducting business, accounting scandals related to complex
business transactions, the foreign activities of multinational
firms, the operations of governmental and not-for-profit entities,
and bankruptcies of major firms. Accountants must understand and
know how to deal with the accounting and reporting ramifications of
these issues.
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