Advanced Accounting 10e

The approach used by Hoyle, Schaefer, and Doupnik in the new edition allows students to think critically about accounting, just as they will do while preparing for the CPA exam and in their future careers. With this text, students gain a well-balanced appreciation of the Accounting profession. As Hoyle 10e introduces them to the field?s many aspects, it often focuses on past controversies and present resolutions. The text continues to show the development of financial reporting as a product of intense and considered debate that continues today and into the future. The writing style of the nine previous editions has been highly praised. Students easily comprehend chapter concepts because of the conversational tone used throughout the book. The authors have made every effort to ensure that the writing style remains engaging, lively, and consistent which has made this text the market leading text in the Advanced Accounting market. The Tenth Edition includes an increase integration of IFRS as well as the updated accounting standards.Updated Accounting Standards: Overall, the Tenth Edition of the text provides updated accounting standards references to the new Financial Accounting Standard Board (FASB) Accounting Standards Codification (ASC).New Learning Objectives: Each chapter now includes Learning Objectives which are designated in the margin at the point which the coverage of that particular learning objective begins. The End of Chapter material has also been tagged by Learning Objective.Updated and New Information of IFRS: With IFRS being one of the hot/trendy topics in the Accounting discipline, the authors have updated and added relevant information on IFRS.New coverage of International Accounting Standards: This edition provides new coverage of International Accounting standards with comparison to US GAAP. The updated International Standards include International Accounting Standard 3, 12, and 28.New Real World References and Scenarios: The Tenth Edition has additional new real-world scenarios which makes the text the most relevant in the market. New real world references include financial reporting examples for contingent consideration, new real-world references to TicketMaster and Meade, International, and a new case using the Sprint-Nextel business combination. This new case includes questions on comparisons with IFRS.Updated text material for changes in tax law: References to the Uniform Partnership Act have been updated to take in the current changes that are taking place. This makes the material presented to the students more relevant than any Advanced Accounting textbook in the market.Real-world examples: Students are better able to relate what they learn to what they will encounter in the business world after reading these frequent examples. Quotations, articles, and illustrations from Forbes, The Wall Street Journal, and Business Week are incorporated throughout the text. This allows students to make connections with today?s business environment.Discussion questions: This feature facilitates student understanding of the underlying accounting principles at work in particular reporting situations. Similar to minicases, these questions help explain the issue at hand in practical terms.