Intermediate Accounting – Donald E. Kieso, Jerry J. Weygandt, Paul D. Kimmel – 14th Edition

Description

Accounting is the most employable, sought-after major for 2012, according to entry-level job site CollegeGrad.com. One reason for this interest is found in the statement by former Secretary of the Treasury and Economic Advisor to the President, Lawrence Summers. He noted that the single-most important innovation shaping our capital markets was the idea of generally accepted accounting principles (GAAP). We agree with Mr. Summers.

Relevant and reliable financial information is a necessity for viable capital markets. Without it, our markets would be chaotic, and our standard of living would decrease. This textbook is the market leader in providing the tools needed to understand what GAAP is and how it is applied in practice. Mastery of this material will be invaluable to you in whatever field you select.

Through many editions, this textbook has continued to reflect the constant changes taking place in the GAAP environment. This edition continues this tradition, which has become even more significant as the financial reporting environment is exploding with major change. Here are three areas of major importance that are now incorporated extensively into this edition of the text.

The Fourteenth Edition expands our emphasis on student learning and improves upon a teaching and learning package that instructors and students have rated the highest in customer satisfaction. Based on extensive reviews, focus groups, and interactions with other intermediate accounting instructors and students, we have developed a number of new pedagogical features and content changes, designed both to help students learn more effectively and to answer the changing needs of the course.

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  • Chapter 1. Financial Accounting and Accounting Standards
    Chapter 2. Conceptual Framework for Financial Reporting
    Chapter 3. The Accounting Information System
    Chapter 4. Income Statement and Related Information
    Chapter 5. Balance Sheet and Statement of Cash Flows
    Chapter 6. Cash and Receivables
    Chapter 7. Valuation of Inventories: A Cost-Basis Approach
    Chapter 8. Inventories: Additional Valuation Issues
    Chapter 9. Acquisition and Disposition of Property, Plant, and Equipment
    Chapter 10. Depreciation, Impairments, and Depletion
    Chapter 11. Intangible Assets
    Chapter 12. Current Liabilities and Contingencies
    Chapter 13. Long-Term Liabilities
    Chapter 14. Stockholders’ Equity
    Chapter 15. Dilutive Securities and Earnings per Share
    Chapter 16. Investments
    Chapter 17. Revenue Recognition
    Chapter 18. Accounting for Income Taxes
    Chapter 19. Accounting for Pensions and Postretirement Benefits
    Chapter 20. Accounting for Pensions and Postretirement Benefits
  • Citation

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