Advanced Accounting

Formerly published by Cambridge Business Publishers, now published by Sage Advanced Accounting, Fifth Edition provides comprehensive coverage of complex financial reporting topics, including business combinations, foreign currency transactions, hedging, state and local government accounting, not-for-profit organizations, and other specialized areas. The text emphasizes understanding the logic behind reporting standards and requirements, helping students develop judgment rather than relying on rote procedures. Written in a student-friendly style, each topic is introduced by explaining the underlying business activity, the reporting objectives, and how accounting standards achieve those objectives. Illustrations from current financial statements and real business events reinforce learning and familiarize students with how advanced accounting issues appear in practice. Designed for undergraduate and graduate advanced accounting courses―as well as mergers and acquisitions–focused offerings―the book aligns closely with the CPA Evolution Model Curriculum. Critical thinking, evaluation of reporting alternatives, and analysis of information are emphasized throughout, preparing students for both the CPA Exam and professional practice. A Complete Teaching and Learning Package For additional information or to request a personalized tour of the following tools and resources, please contact your sales representative: Learning Platform: This text is available with myBusinessCourse™, an easy-to-use online platform that helps students learn accounting. It includes auto-graded homework, integrated Excel® assignments, and engaging, author-created videos that reinforce key concepts. Designed to complement classroom instruction, it offers interactive tools that build understanding, improve retention, and boost student readiness for the CPA Exam and their entry into the professional world. And it works ― 95.5% of students said it helped them learn accounting. myBusinessCourse™ is available with LTI integration for Blackboard, Canvas, Brightspace (D2L), and Moodle.Instructor Resources/Ancillaries: To access the resources for this title―including the test bank, editable chapter PowerPoint® slides, solution files, and supplementary materials―please follow these easy steps: Visit mybusinesscourse.com. Sign in with your instructor account. New to myBusinessCourse™? Create an instructor account here. From your instructor dashboard, go to the Request Materials page and request access to this title′s resources. Verified instructors receive immediate access; new accounts are typically verified within 48 business hours. Read more