The idea of moving into, Advanced Financial Accounting after Intermediate Accounting might seem a bit intimidating. The truth of the matter, however, is that the bulk of the material in Advanced Financial Accounting is very focused. Roughly two-thirds deals with business combinations. The remaining material focuses on foreign currency transactions and translation, and partnership operations.
In all my years of teaching Advanced Accounting, I consistently find that the biggest problem is not Advanced Accounting, per se, but rather fundamental concepts from Intermediate Accounting. As I move through the course, therefore, I’ll spend a fair amount of time attempting to relate Intermediate Accounting concepts to the material at hand.
The information presented is based on Fundamentals of Advanced Accounting, ©2008, by Fischer, Taylor and Cheng. The “lecture” type material really pertains to the subject matter and is not textbook specific. The exercise and problem material, however, is textbook specific.
Each of the chapters presented contains the following:
- Narrated PowerPoint lecture of the subject matter found in the chapter that can be viewed on a computer or on an iPad/iPhone;
- PDF handout of the PowerPoint lecture;
- MP3 audio of the PowerPoint lecture;
- Narrated PowerPoint solutions to select exercises and problems that can be viewed on a computer or on an iPad/iPhone.
- PDF handout of the PowerPoint solutions;
- MP3 audio of the PowerPoint solutions; and
- My printed solutions to the select exercises and problems.
I hope that you find the information useful, and that you will provide me with feedback so that I can modify the information to be even more useful.