Download Advanced Accounting (The Irwin Series in Undergraduate Accounting) fb2

As far as content is concerned, this book provides excellent instruction on Advanced Accounting, particularly in the complex area of how to post transactions for M&A activities. It is the required textbook for a Masters in Accounting class on Mergers & Acquisitions. However, upon first use of this brand new textbook, pages began falling out within the first 3 weeks. McGraw-Hill/Irwin apparently had a manufacturing defect in this hardbound book. It's too late for Amazon.com to accept a return, so I'm going to ask the publisher to swap this book out for one that's not defective. After spending $185 including tax to buy this, I think I deserve a better quality binding than this one!

I love this book. It's a real page-turner. Actually, I lied. The book is almost impenetrable. I read each chapter like three times, and worked the examples over and over. But I did get an A in the class, so I'm pretty happy with it.

Product came with the Connect card, however seller failed to report that the Connect card was only good for 6 months. This book is used for both Advanced Accounting I and Advanced Accounting II and I have taken the classes back to back. All my assignments are done through Connect and now the card expired with 3 weeks left to my class. I have to buy the card all over again. Save your money and buy your textbooks through your school or directly from publishers. Extremely dissatisifed! Amazon shame on you for not imposing stricter regulations on these kind of sales.

It can be hard to rate textbooks, because your experience with the book is often based on how well the teacher utilizes the textbook, but this textbook seemed sparse to me. I would read and re-read sections, and still not be able to figure something out, because the book either didn't fully explain how to do something, or didn't give an example at all. If I hadn't had such a great professor for the course in which I used this book, I would have failed for sure, because this book actually made it harder to understand the concepts.

The authors like to use big words to describe simple concepts. This would be a much better textbook if the authors didn't do that. Otherwise, it's quite good.

I'll be completely up front and say that this is a very subjective review. I normally try to stay objective when doing reviews, but honestly I hated this book. Advanced accounting Is a very hard class in its own right, but to me this book just made it that much harder. I am the type of person that learns better by working through the chapters very tediously, but the layout of this book seemed to just be very cluttered. There were times that a clear explanation was just lacking and other times when the explanation was just very poor. The examples were ok, but overall this book just served to confuse me more than what I felt was necessary. Luckily, as it turns out, my professor was pretty good at clearing up some of my problems. I feel like 3 stars is more than fair enough.

Book came as described. The last student to use actually left class noted and sticky notes on various parts of the text which are helpful as they give insight to what was important in their class.

I've read feedback the text is very high level and tough for some people which I can see how they arrived at that conclusion. However, after applying rational thought and what was previously learned the text for the most part is pretty simple

I understand that advanced accounting is hard topic in and of itself, however, the writing style of the book makes it unnecessarily complicated. Below I provide a couple of examples of how the book fails to be a good textbook on advanced accounting, but the book's shortcomings are not limited by them. Example 1: Time and time again the book refers to "purchase method" of consolidation and other irrelevant, old, no longer applicable accounting rules. The writer(s) should realize this book is NOT a textbook on HISTORY of advanced accounting. Could we just stay focused on what is current and relevant? Example 2: on page 305 the authors mention Black-Scholes options formula and refer to "international finance book" to read it up there. On page 310 they write: "... the company can estimate the value of an option using the modified Black-Scholes option pricing model (briefly mentioned earlier)". Hello? What's the point of "briefly mentioned earlier" if the only thing mentioned was just the name and advice to read it? Example 3: on page 310 the authors solve an example of discounting forward contract assuming that incremental borrowing rate of 12% a year for a two-month period. For one month they propose to use 1% discount rate and compound it for two months. The problem is, if you compound 1% for 12 months the annualized rate is slightly higher than 12%. The example should either use 98% to discount, or if compounding is mandatory, the monthly rate should be (1+12%)^(1/12)-1 = .