Cengage Learning Advanced Accounting

Master the theory and practice you need for professional success with Fischer/Taylor/Cheng’s ADVANCED ACCOUNTING, 12E. This leading book offers the most authoritative, comprehensive coverage of advanced accounting topics available. You examine the latest FASB statements and their impact on consolidations. ADVANCED ACCOUNTING, 12E combines sound theoretical foundations with a hands-on approach that uses numerous actual examples common in today’s accounting. This edition’s clear presentation makes even the most complex topics approachable. New and revised end-of-chapter questions reinforce major concepts from each chapter as they help you strengthen and expand your critical thinking and reasoning skills. Only ADVANCED ACCOUNTING, 12E uses a horizontal approach to consolidations, the format most commonly used in the business world. A trusted preparation resource for the CPA exam, ADVANCED ACCOUNTING, 12E provides the knowledge you need for ongoing accounting success. Review �[The Fischer et al. text] is very good, very thorough, and very comprehensive. One of the few on top of my list!� �I have used several different Advanced Accounting texts in my 25 years of teaching accounting. I find the Fischer text to be the best for explaining complicated advanced accounting subjects. The end of chapter problems are well written and follow the material presented in the chapter in a meaningful way.� �With this textbook students will 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. This textbook introduces students to the field�s many aspects. This text continues to show the development of financial reporting in our global village.� "The textbook is the best one out there." About the Author Paul M. Fischer is the Jerry Leer Professor of Accounting and Accounting Area Chair at the University of Wisconsin, Milwaukee. He teaches intermediate, advanced financial, and management accounting at the undergraduate and graduate levels. He has received the AMOCO Outstanding Professor Award, the Outstanding Executive MBA Professor Award, and the School of Business Administration Advisory Council Teaching Award. He also teaches continuing education classes and provides executive training courses for several large corporations. He earned his undergraduate accounting degree at Milwaukee and earned an M.B.A. and Ph.D. at the University of Wisconsin, Madison. Dr. Fischer is a CPA and member of the American Institute of CPAs, the Wisconsin Institute of CPAs, and the American Accounting Association. Dr. Fischer has co-authored numerous texts and journal articles, as well as computer software. He actively pursues research and consulting interests in the areas of leasing, pension accounting, and business combinations. William J. Taylor primarily teaches financial accounting and auditing at both the undergraduate and graduate levels at University of Wisconsin, Milwaukee. In addition, he is involved in providing executive training courses for several large corporations through an executive M.B.A. program. Dr. Taylor has been recognized for his teaching excellence and has received both the AMOCO Outstanding Professor Award and the School of Business Administration Advisory Council Teaching Award. He earned his Ph.D. from Georgia State University and is a CPA and a CVA (Certified Valuation Analyst). His professional experience includes working for Deloitte and Touché and Arthur Andersen & Co. in their audit practices. His private consulting activities include business valuations, litigation services, and issues affecting closely held businesses. Dr. Taylor is a member of the American Institute of CPAs, the Wisconsin Institute of CPAs, and the National Association of Certified Valuation Analysts. He serves as a director and officer for a number of professional organizations. Ri