Advanced Accounting Tutors

Advanced Accounting is the study of complex financial reporting and analysis for large or multiple‐entity businesses. It covers topics like consolidations, foreign currency translation, partnerships, and mergers. For example, when Coca‑Cola consolidates results from global subsidiaries it uses IFRS (International Financial Reporting Standards) to ensure consistency across borders.

Also known as consolidation accounting, corporate accounting, accounting III, enterprise accounting or group accounting.

Major topics include business combinations and mergers, intercompany eliminations, foreign currency transactions, segment and interim reporting, partnership formations and liquidations, nonprofit and governmental accounting, international standards vs US GAAP, advanced cost and revenue recognition, and estate and trust accounting. For instance, translating a euro‑denominated invoice into dollars under current rate method.

Late 19th century saw the rise of joint‐stock companies, driving need for consolidated statements. In 1887 the American Institute of Certified Public Accountants formed. Early 20th century stock market growth led to standardized practice. The 1934 US Securities Exchange Act pushed GAAP. FASB (Financial Accounting Standards Board) emerged in 1973. IFRS began shaping global norms in 2001, and Sarbanes‑Oxley Act of 2002 raised internal control standards. It's where accountants shares detailed, unified financial stories.

Do you want to learn advanced accounting? At MEB we give one-on-one online tutoring in advanced accounting. If you are a school, college or university student and want top grades in assignments, lab reports, tests, projects, essays or long papers, we are here to help you anytime. We can help you fast with your homework and questions, 24 hours a day.

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Many of our students live in the USA, Canada, the UK, the Gulf, Europe or Australia.

Students ask us for help because some courses are hard, they have too much homework, or the questions are tricky. Some have health or personal issues. Others work part time, miss classes, or find it hard to keep up.

If you are a parent and your student is finding this subject hard, contact us today. Help your ward get top marks in exams and homework. They will thank you.

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Advanced Accounting stands out by handling complex financial tasks like business mergers, foreign currency transactions, and consolidated reports. It dives deeply into real‑world company rules and international standards. This subject goes beyond basic bookkeeping to explore detailed accounting systems, unique business cases and fine‑grained analysis, making it distinct among other topics in the accounting field.

Compared to general accounting and finance courses, Advanced Accounting gives deeper problem‑solving skills and clearer insights into complex deals. It boosts career chances for auditors, analysts and managers. Yet it can be tougher to learn, filled with strict rules and heavy calculations. Its workload and abstract theory demand more study time than many other subjects students may find easier.

A master’s in accounting or finance, professional certificates like CPA, ACCA, CIMA and specialized diplomas in forensic accounting or data analytics are common paths after Advanced Accounting. Many students also pursue an MBA with an accounting focus, or a master’s in taxation. Recent trends include IFRS adoption worldwide and growing demand for blockchain auditing and cloud‐based accounting tools.

Popular roles include financial analyst, external or internal auditor, management accountant, tax consultant and controller. Auditors check records for accuracy and compliance. Financial analysts assess budgets, forecasts and investments. Forensic accountants investigate fraud. Controllers oversee financial reporting, while tax consultants handle planning and filings.

Studying and test preparation for Advanced Accounting helps students grasp complex topics like consolidated statements, intercompany transactions and lease accounting. Rigorous practice boosts confidence for professional exams (CPA, CMA) and ensures a solid grasp of evolving standards and software features.

Advanced Accounting skills apply to preparing group financial statements, valuing mergers and acquisitions, budgeting and strategic planning. They help businesses meet compliance rules, inform investors and support data‐driven decisions. Mastery of these topics often leads to higher pay and career advancement.

Start by mapping out the main topics: consolidations, mergers, partnerships, foreign currency, and intercompany transactions. Get a good textbook and syllabus outline. Tackle one topic at a time: read the theory, watch a quick video, then work through example problems. Keep a formula sheet, note tricky journal entries, and review each week. Practice full problems under timed conditions. Join a study group or online forum to discuss tough cases and share tips.

Advanced Accounting covers complex rules and many journal entries, so it can feel tough at first. If you’ve mastered basic accounting concepts and you’re willing to practice regularly, it becomes much easier. The secret is steady practice, clear notes on each consolidation step, and gradual build‑up from simple to complex problems.

Yes, you can learn on your own if you’re disciplined: use good books, videos, and solve tons of problems. But a tutor can speed up your progress by answering questions instantly, correcting mistakes, and keeping you on track. If you struggle with deadlines or want personalized feedback, a tutor is a big help; self‑study works if you’re highly organized and motivated.

Our MEB tutors specialize in Advanced Accounting. We offer 24/7 online one‑on‑one sessions to clear doubts, weekly review meetings, mock tests for exam readiness, and dedicated assignment support. You get step‑by‑step guidance, real‑time feedback, and tailored study plans. All at affordable rates so you stay within budget while aiming for top grades.

On average, dedicating 8–10 hours per week for 10–12 weeks lets you cover all core topics and practice enough problems to feel confident. If you’re revising for an exam, a focused 6–8 week plan with daily drills and weekly mock tests works well. Time needed depends on your background: some finish in two months, others prefer a three‑month schedule.

YouTube channels like Farhat’s Accounting Lectures (youtube.com/user/farhatlectures) and Edspira (youtube.com/edspira) explain consolidation, mergers, foreign currency transactions. Websites such as AccountingCoach.com and Coursera.org offer free tutorials and quizzes. For books, most students use Advanced Accounting by Hoyle, Schaefer and Doupnik, Fundamentals of Advanced Accounting by Hopkins and IFRS edition texts. Study guides like Wiley’s Practice Set Series help reinforce concepts. Combining video lessons with written texts and practice questions gives a balanced approach to master advanced accounting topics.

College students, parents, and tutors across the USA, Canada, UK and Gulf region: if you need a helping hand with Advanced Accounting—online 1:1 tutoring 24/7 or assignment help—our expert tutors at MEB are ready to guide you at an affordable fee.