VICE PRESIDENT & EXECUTIVE PUBLISHER George Hoffman
SENIOR ACQUISITIONS EDITOR Michael McDonald
ASSOCIATE EDITOR Sarah Vernon
CONTENT EDITOR Brian Kamins
SENIOR EDITORIAL ASSISTANT Jacqueline Kepping
MARKETING MANAGER Karolina Zarychta
PRODUCT DESIGNER Greg Chaput
CREATIVE DIRECTOR Harold Nolan
PHOTO EDITOR Sheena Goldstein
CONTENT MANAGER Dorothy Sinclair
SENIOR PRODUCTION EDITOR Trish McFadden
PRODUCTION MANAGEMENT SERVICES Ingrao Associates
COVER DESIGN Wendy Lai
COVER PHOTO © Nikada/iStockphoto

This book was set in 10/12 New Baskerville by Prepare, Inc. and printed and bound by RR Donnelley. The cover was printed by RR Donnelley.

This book is printed on acid free paper. ∞

Copyright © 2012, 2010, 2008, 2004, 2001 John Wiley & Sons, Inc. All rights reserved. No part of this publication may be reproduced, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, scanning, or otherwise, except as permitted under Sections 107 or 108 of the 1976 United States Copyright Act, without either the prior written permission of the Publisher, or authorization through payment of the appropriate per-copy fee to the Copyright Clearance Center, Inc., 222 Rosewood Drive, Danvers, MA 01923, (978)750-8400, fax (978)750-4470 or on the web at www.copyright.com. Requests to the Publisher for permission should be addressed to the Permissions Department, John Wiley & Sons, Inc., 111 River Street, Hoboken, ...

Get Advanced Accounting, 5th Edition now with the O’Reilly learning platform.

O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.