高级会计学（英文版·第12版）

由弗洛伊德?比姆斯等编写的《高级会计学》一书自1979年出版以来受到会计学界的广泛好评，并被多个国家的高校选用，被认为是高级会计学教材的经典权威之作。
《高级会计学》（第12版）主要讨论了企业合并、合并财务报表、衍生工具与外币交易、外币财务报表、分部报告与中期财务报告等内容。第12版的修订反映了实务界新的发展以及会计法律法规的变化。本书所有的章节均从热门商业杂志中遴选相关知名公司、机构和事件的真实案例，作为理论阐述的有力补充。
本书适合作为高等院校会计、财务管理、审计专业本科生、研究生的专业课教材，也适合MBA，MPAcc及相关从业人员参考使用。

主要作者简介
弗洛伊徳?比姆斯（Floyd A. Beams） 弗吉尼亚理工大学教授。在《会计评论》《管理会计》等期刊上发表多篇文章。是美国会计协会和管理会计师协会的成员，并在这两个组织的委员会任职。获全美会计协会莱布兰德铜质奖、弗吉尼亚注册会计师协会颁发的“杰出会计人物奖”、管理会计协会卡门?G.布罗学生分会颁发的“弗吉尼亚杰出会计教育奖”。

改编者简介
毛新述 中国人民大学会计学博士，北京工商大学商学院党委书记、教授、博士生导师。入选财政部全国会计领军（后备）人才和北京市长城学者培养计划。兼任财政部届企业会计准则咨询委员会咨询委员、中国会计学会企业会计准则专业委员会委员等。致力于会计准则、公司治理和国企改革等方面的研究，先后在《经济研究》《管理世界》《会计研究》等核心刊物上发表论文20余篇。主持和省部级科研项目多项。曾多次获财政部、中国会计学会优秀论文奖，杨纪琬会计学奖。主要承担中级财务会计、高级财务会计、财务会计理论和实务等课程的教学工作。

张 路 北京大学光华管理学院管理学博士，北京工商大学商学院会计系讲师，硕士生导师，MPAcc中心执行主任。入选财政部全国会计领军人才（后备）人才培养计划。主讲高级财务会计等课程，参与和主持多项和省部级科研项目，在《会计研究》《金融研究》等期刊上发表多篇论文。

c h a p t e r 1 Business Combinations
c h a p t e r 2 Stock Investments—Investor Accounting and Reporting
c h a p t e r 3 An Introduction to Consolidated Financial Statements
c h a p t e r 4 Consolidation Techniques and Procedures
c h a p t e r 5 Intercompany Profit Transactions—Inventories
c h a p t e r 6 Intercompany Profit Transactions—Plant Assets
c h a p t e r 7 Intercompany Profit Transactions—Bonds
c h a p t e r 8 Consolidations—Changes in Ownership Interests
c h a p t e r 9 Indirect and Mutual Holdings
c h a p t e r10 Subsidiary Preferred Stock, Consolidated Earnings per Share, and Consolidated Income Taxation
c h a p t e r 1 1 Consolidation Theories, Push-Down Accounting, and Corporate Joint Ventures
c h a p t e r 1 2 Derivatives and Foreign Currency: Concepts and Common Transactions
c h a p t e r 1 3 Accounting for Derivatives and Hedging Activities
c h a p t e r 1 4 Foreign Currency Financial Statements
c h a p t e r 1 5 Segment and Interim Financial Reporting

Welcome to the world of business combinations. The 1990s witnessed a period of unparalleled growth in merger and acquisition activities in both the United States and in international markets (often referred to as merger mania), and the trend continues.
Merger activities slowed with the stock market downturn in 2001, and again during the financial crisis of 2008, but as the market recovers, the pace has again picked up. The following firms announced combinations in 2013. Steinway (the piano manufacturer) agreed to be acquired by Kohlberg & Co. for $438 million. Nokia bought out partner Siemens AG’s 50% share in Nokia Siemens Networks for $2.2 billion. Japan’s SoftBank entered into an agreement to acquire Sprint for $21.6 billion, subject to Federal Communications Commission approval. India’s Apollo Tyres announced that it had agreed to acquire U.S. tire maker Cooper Tire & Rubber Co. for $2.5 billion.
Firms strive to produce economic value added for shareholders. Related to this strategy, expansion has long been regarded as a proper goal of business entities. A business may choose to expand either internally (building its own facilities) or externally (acquiring control of other firms in business combinations). The focus in this chapter is on why firms often prefer external over internal expansion options and how financial reporting reflects the outcome of these activities.