<p>Advanced Accounting continues to be the most comprehensive, student-friendly text on the market. This edition includes a complete update of material. In addition, end-of-chapter exercises, problems, and cases have been revised to include more critical-thinking materials.</p>

Advanced Financial Accounting

Valdean C. Lembke

Thomas E. King

Valdean C. Lembke Thomas E. King Richard E. Baker

Business & Money

McGraw-Hill.

The Sixth Edition of "Advanced Financial Accounting", by Baker/Lembke/King continues its strong coverage of the topics, its well-known clarity of presentation, and its integrated coverage based on continuous case examples. The text is highly illustrated with complete presentations of worksheets, schedules, and financial statements so that students can see the development of each new topic. In the chapters covering consolidation subsequent to the date of combination, the three alternative methods of the parent company's accounting for the investment - basic equity, cost, and fully adjusted equity - are presented in each chapter and appendices to provide the opportunity to cover the differences in the methods, and to see how the consolidated financial statements are the same regardless of the method the parent company uses to account for the investment. The two international chapters include a comprehensive discussion of accounting for foreign currency derivatives and other forms of derivatives such as interest swaps and options used in today's business arena.

Richard E. Baker

McGraw-Hill Education

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Books by Thomas E. King