The approach used by Hoyle, Schaefer, and Doupnik Fundamentals of Advanced Accounting, 8th edition, is ideal for those schools wanting to cover 12 chapters in their Advanced Accounting course. This concise Advanced Accounting textbook allows students to think critically about accounting, just as they will do preparing for the CPA exam. The text continues to show the development of financial reporting as a product of intense and considered debate that continues today and will into the future. Students easily comprehend concepts because of the textbook’s highly praised conversational tone along with the engaging, lively, and consistent writing style, all of which has contributed to making this the market-leading textbook for Advanced Accounting. The SmartBook 2.0 adaptive reading tool and algorithmic problems have been included in the new edition, along with the latest accounting standards.