Modern Advanced Accounting

Advanced accounting is an area where understanding the concepts that underlie procedures is crucial for solving new problems. This clearly written book excels at giving you the conceptual understanding you need to solve the problems you see on tests. It is especially good in explaining the knotty area of accounting for intercompany transfers.I recently finished a demanding advanced accounting course for which I picked up this book to supplement the advanced accounting text used in the course. I learned much more from Larsen's book. Despite my somewhat thin at the time background in financial accounting I received an A- in the course. No way that would have hapenned without studying this book. I am sure it will also help in my CPA test preparation. The separately available study guide has good practice questions.

This book emphasizes the advanced accounting subject areas forthe Uniform CPA Examination . It has a strong rendition ofpartnership accounting, consolidations and eliminating entriesfor intercompany sales, investment income, cost of sales andminority interest computations. There is good coverage ofthe specialized topics in advanced accounting; namely,installment sales, present value computations and the non-profit accounting sector which may be tested on the Uniform CPA Examand graduate-level exams. The book is a worthy purchase. The Web dimension of the presentation adds considerable value to the overall purhase. Advanced accounting courses require preparation and considerable problem solving. Both aspects are emphasized heavily in the current rendition.

Author has a flawless style of writing and presenting accounting. It has clear-cut examples with no gimmicks. This is a great resource for reviewing for comprehensive exams.

EXCELLENT TEXT BOOK FOR STUDENTS INTERESTED IN ACCOUNTING

This text is written for the student. The writing style is, I believe, excellent. The problems are comprehensive. The subject material is comprehensive. I, for one, highly recommend this text.