Abdolmohammadi/McQuade focuses on applied research to solve complex accounting and reporting issues. Knowledge of applied research is expected of accounting graduates in addition to the knowledge of accounting concepts, methods, and procedures typically covered in intermediate and advanced accounting courses. This book is in line with the AICPA position that integration of real-world events and ideas and the use of unstructured problems in the curriculum are needed to better prepare students for the accounting profession. Using real-world case analysis and issue-based research approaches, this book aims to assist students in “learning-to-learn” and in developing critical thinking skills. It also encourages students to think creatively and helps foster problem solving skills as a basis for the development of life-long learning skills. The book is divided into two sections: Section I provides the foundation for applied professional research; Section II covers application issues.

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