Designed for the advanced accounting course, Advanced Accounting, 5th Edition by Debra Jeter and Paul Chaney delivers a balanced and detailed approach to the conceptual and technical aspects of financial accounting and reporting. Reflective of the current state of the international accounting landscape, this new edition discusses the upcoming globalization of accounting standards with frequent references to the FASB's new Codification system and with a "compare and contrast" method for explaining the differences between U.S. GAAP and IFRS. In addition, Advanced Accounting includes comprehensive coverage of all three methods of consolidated financial reporting (cost, partial equity, complete equity). Authored with both the student and teacher in mind, margin icons and labels distinguish all three methods and other pedagogical features.