Advanced financial accounting deals with special economic business in new social and economic background from the perspective of accounting, It is an extension and supplement of the traditional financial accounting, designed with an aimto improve students’ theoretical level and application ability. It mainly elaborates on the accounting of particular issues, deepening general theories, methods and techniques of traditional accounting.It is a compulsory course for accounting major to study the accounting problems of some special industries, special businesses and special reports. The main content of this course include business combinations, stock investment, enterprise Related transactions and consolidated statements, foreign currency transaction accounting.The contents of advanced financial accounting often belong to the frontier problems in international accounting field or new problems that enterprises are facing in domestic economic life.