GLOBAL EDITION. Advanced Accounting TWELFTH EDITION. Floyd A. Beams Joseph H. Anthony Bruce Bettinghaus Kenneth A. Smith

Transcription

1 GLOBAL EDITION Advanced Accounting TWELFTH EDITION Floyd A. Beams Joseph H. Anthony Bruce Bettinghaus Kenneth A. Smith

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3 Beams: Advanced Accounting, Global Edition Table of Contents Cover Title Copyright Contents Preface Chapter 1 Business Combinations Reasons for Business Combinations Antitrust Considerations Legal Form of Business Combinations Accounting Concept of Business Combinations Accounting for Combinations as Acquisitions Disclosure Requirements The Sarbanes-Oxley Act Chapter 2 Stock InvestmentsInvestor Accounting and Reporting Accounting for Stock Investments Equity Methoda One-Line Consolidation Investment in a Step-by-Step Acquisition Sale of an Equity Interest Stock Purchases Directly from the Investee Investee Corporation with Preferred Stock Extraordinary Items and other Considerations Disclosures for Equity Investees Testing Goodwill for Impairment Chapter 3 An Introduction to Consolidated Financial Statements Business Combinations Consummated through Stock Acquisitions Consolidated Balance Sheet at Date of Acquisition Consolidated Balance Sheets after Acquisition Assigning Excess to Identifiable Net Assets and Goodwill Consolidated Income Statement Push-Down Accounting Preparing a Consolidated Balance Sheet Worksheet Chapter 4 Consolidation Techniques and Procedures Consolidation under the Equity Method Locating Errors Excess Assigned to Identifiable Net Assets

4 Consolidated Statement of Cash Flows Preparing a Consolidation Worksheet Table of Contents Chapter 5 Intercompany Profit TransactionsInventories Intercompany Inventory Transactions Downstream and Upstream Sales Unrealized Profits from Downstream Sales Unrealized Profits from Upstream Sales Consolidation ExampleIntercompany Profits from Downstream Sales Consolidation ExampleIntercompany Profits from Upstream Sales Chapter 6 Intercompany Profit TransactionsPlant Assets Intercompany Profits on Nondepreciable Plant Assets Intercompany Profits on Depreciable Plant Assets Plant Assets Sold at Other than Fair Value Consolidation ExampleUpstream and Downstream Sales of Plant Assets Inventory Purchased for Use as Operating Assets Chapter 7 Intercompany Profit TransactionsBonds Intercompany Bond Transactions Constructive Gains and Losses on Intercompany Bonds Parent Bonds Purchased by Subsidiary Subsidiary Bonds Purchased by Parent Chapter 8 ConsolidationsChanges in Ownership Interests Acquisitions during an Accounting Period Piecemeal Acquisitions Sale of Ownership Interests Changes in Ownership Interests from Subsidiary Stock Transactions Stock Dividends and Stock Splits by a Subsidiary Chapter 9 Indirect and Mutual Holdings Affiliation Structures Indirect HoldingsFather-Son-Grandson Structure Indirect HoldingsConnecting Affiliates Structure Mutual HoldingsParent Stock Held by Subsidiary Subsidiary Stock Mutually Held Chapter 10 Subsidiary Preferred Stock, Consolidated Earnings per Share, and Consolidated Income Taxation Subsidiaries with Preferred Stock Outstanding Parent and Consolidated Earnings Per Share Subsidiary with Convertible Preferred Stock

5 Table of Contents Subsidiary with Options and Convertible Bonds Income Taxes of Consolidated Entities Income Tax Allocation Separate-Company Tax Returns with Intercompany Gain Effect of Consolidated and Separate-Company Tax Returns onconsolidation Procedures Business Combinations Financial Statement Disclosures for Income Taxes Chapter 11 Consolidation Theories, Push-Down Accounting, and Corporate Joint Ventures Comparison of Consolidation Theories IllustrationConsolidation Under Parent-Company and Entity Theories Push-Down Accounting and Other Basis Considerations Joint Ventures Accounting for Variable Interest Entities Chapter 12 Derivatives and Foreign Currency: Concepts and Common Transactions Derivatives Foreign Exchange Concepts and Definitions Foreign Currency Transactions other than Forward Contracts Chapter 13 Accounting for Derivatives and Hedging Activities Accounting for Derivative Instruments and Hedging Activities Accounting for Hedge Contracts: Illustrations of Cash Flow andfair-value Hedge Accounting Using Interest Rate Swaps Foreign Currency Derivatives and Hedging Activities Chapter 14 Foreign Currency Financial Statements Objectives of Translation and the Functional Currency Concept Application of the Functional Currency Concept Illustration: Translation Illustration: Remeasurement Hedging a Net Investment in a Foreign Entity Chapter 15 Segment and Interim Financial Reporting Segment Reporting Interim Financial Reporting Guidelines for Preparing Interim Statements Chapter 16 PartnershipsFormation, Operations, and Changes in Ownership Interests Nature of Partnerships

6 Initial Investments in a Partnership Additional Investments and Withdrawals Partnership Operations Profit- and Loss-Sharing Agreements Changes in Partnership Interests Table of Contents Purchase of an Interest from Existing Partners Investing in an Existing Partnership Dissociation of a Continuing Partnership through Death or Retirement Limited Partnerships Chapter 17 Partnership Liquidation The Liquidation Process Safe Payments to Partners Installment Liquidations Cash Distribution Plans Insolvent Partners and Partnerships Chapter 18 Corporate Liquidations and Reorganizations Bankruptcy Reform Act of 1978 Liquidation Illustration of a Liquidation Case Reorganization Financial Reporting during Reorganization Financial Reporting for the Emerging Company Illustration of a Reorganization Case Chapter 19 An Introduction to Accounting for State and Local Governmental Units Historical Development of Accounting Principles for State andlocal Governmental Units Overview of Basic Governmental Accounting Models and Principles The Financial Reporting Entity Comprehensive Annual Financial Report Chapter 20 Accounting for State and Local Governmental UnitsGovernmental Funds Recent Changes to Governmental Fund Accounting The General Fund Accounting for the General Fund Permanent Funds Capital Projects Funds Special Assessment Activities

7 Debt Service Funds Governmental Fund Financial Statements Table of Contents Preparing the Government-Wide Financial Statements Chapter 21 Accounting for State and Local Governmental UnitsProprietaryand Fiduciary Funds Proprietary Funds Internal Service Funds Enterprise Funds Proprietary Fund Financial Statements Fiduciary Funds Preparing the Government-Wide Financial Statements Required Proprietary Fund Note Disclosures Chapter 22 Accounting for Not-for-Profit Organizations The Nature of Not-for-Profit Organizations Not-for-Profit Accounting Principles Voluntary Health and Welfare Organizations Other Not-for-Profit Organizations Nongovernmental Not-for-Profit Hospitals and Other Health CareOrganizations Private Not-for-Profit Colleges and Universities Chapter 23 Estates and Trusts Creation of an Estate Probate Proceedings Administration of the Estate Accounting for the Estate Illustration of Estate Accounting Accounting for Trusts Estate Taxation Glossary Index A B C D E F G H

8 Table of Contents I J K L M N O P Q R S T U V W