NOT IN USE - Custom ACCT635 Contemporary Accounting Problems (Westfield State University) 4e

by Hamlen

ISBN: 978-1-61853-381-4 | Copyright 2022

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Advanced Accounting, 4e (pg. 1.346)
Chapter 8: Foreign Currency Transactions and Hedging (pg. 1.346)
 Foreign Currency Transactions and Risk (pg. 1.347)
 Foreign Currency Transactions (pg. 1.348)
Import and Export Transactions (pg. 1.348)
Review 1 • Foreign-Currency-Denominated Import and Export Transactions (pg. 1.352)
Foreign Borrowing and Lending Transactions (pg. 1.352)
 Hedging Foreign Exchange Exposures (pg. 1.353)
Types of Foreign Exchange Risk (pg. 1.353)
Derivative Instruments Used in Hedging (pg. 1.354)
Reporting Investments in Foreign Currency Derivatives (pg. 1.356)
Review 2 • Using Forward Contracts to Hedge Foreign-Currency-Denominated Import Transactions (pg. 1.362)
Review 3 • Using Forward Contracts to Hedge Foreign-Currency-Denominated Firm Commitments (pg. 1.367)
Review 4 • Using Forward Contracts to Hedge Foreign-Currency-Denominated Forecasted Transactions (pg. 1.369)
Improvements in Hedge Accounting Requirements (pg. 1.374)
 International Financial Reporting Standards for Foreign Currency Transactions and Hedging (pg. 1.375)
Qualifications for Hedge Accounting (pg. 1.375)
Comparison of IFRS and U.S. GAAP Hedge Accounting (pg. 1.376)
Financial Instruments Disclosures (pg. 1.378)
Review of Key Concepts (pg. 1.378)
Multiple Choice Questions (pg. 1.379)
Exercises (pg. 1.381)
Problems (pg. 1.386)
Review Solutions (pg. 1.393)
Chapter 15: Bankruptcy and Reorganization (pg. 1.698)
 Legal Aspects of Bankruptcy (pg. 1.700)
Legal Process of Chapter 7 Liquidation (pg. 1.701)
Legal Process of Chapter 11 Reorganization (pg. 1.701)
 Financial Reporting for Chapter 7 Liquidation (pg. 1.701)
Liquidation Basis of Accounting (pg. 1.701)
Statement of Affairs (pg. 1.704)
Review 1 • Chapter 7 Liquidation (pg. 1.709)
Statement of Realization and Liquidation (pg. 1.709)
 Financial Reporting for Chapter 11 Reorganization (pg. 1.713)
Reporting During the Reorganization Process (pg. 1.713)
Reporting After Reorganization (pg. 1.716)
Review 2 • Chapter 11 Reorganization (pg. 1.721)
 Other Forms of Restructuring (pg. 1.721)
Quasi-Reorganization (pg. 1.721)
Troubled Debt Restructuring (pg. 1.722)
Review of Key Concepts (pg. 1.723)
Multiple Choice Questions (pg. 1.724)
Exercises (pg. 1.726)
Problems (pg. 1.732)
Review Solutions (pg. 1.742)
Susan S. Hamlen

Susan S. Hamlen

Susan S. Hamlen is the former Department Chair and Associate Professor of Accounting at the University at Buffalo School of Management. She received her PhD and MS at Purdue University and her BS at the University of California, Berkeley.

Professor Hamlen is the author of Advanced Accounting 4e and previously co-authored 12 editions of advanced accounting texts. She has taught courses in advanced accounting for over twenty-four years and courses in financial accounting for over nine years, at the undegraduate and graduate levels.

Professor Hamlen's research interests are in the area of reporting for financial derivatives and international reporting. She has publications in Journal of Derivatives Accounting, Theoretical Economics Letters, and in other accounting and analysis journals.

Professor Hamlen is an active member of the American Accounting Association and other accounting, analysis, and business organizations.


Advanced Accounting, 4e (Hamlen)
Errata - Textbook
Last Updated: Mar 31 2020

Corrections that were made to the text after the first printing. 

Excel Templates - Student
Last Updated: Mar 31 2020

Excel spreadsheets for select assignments are provided on the book’s website. These spreadsheets will save time in data entry and allow students to dedicate additional time to learning the material. The Excel spreadsheets are identified by the Excel icon.

Chapters 1-6 and 10 available. Others coming soon!

Practice Quizzes
Last Updated: Mar 31 2020
Practice Quiz Solutions
Last Updated: Mar 31 2020