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Intermediate Accounting

Intermediate Accounting
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Intermediate Accounting

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The Gateway to the Profession

990f surveyed practicing accountants feel that Kieso, Weygandt, and Warfield's Intermediate Accounting helped prepare them for success in professional practice.

100% would recommend the text to someone currently studying for an accounting degree.

80aid they referred to their copy when they first entered professional practice.


Professionals who learned accounting from Intermediate Accounting find themselves well prepared to enter the workplace. So well prepared in fact, that many keep their copy of the text to refer to again and again. Why is this text so essential for professional success?


* Currency--This 12th edition of Intermediate Accounting reflects the state-of-the-art in accounting today. The text is kept current with the Intermediate Accounting Newsletter, a periodical for users of the text that spotlights the very latest developments and their implications.


* Real-world examples and illustrations--Numerous examples from real corporations help you understand exactly how professionals apply accounting principles and techniques. International Insight notes compare accounting practices in other countries.


* Hands-on practice--This 12th edition features Professional Simulation problems, modeled on the new computerized exam. In addition, new accounting research exercises help you practice using the Financial Accounting Research Database System (FARS).


* Comprehensive and clear explanations of concepts--The authors' clear writing style and logical organization help you understand the material.


Make Kieso your gateway to the profession!

 
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Product Details
Author:Donald E. Kieso
Hardcover:1416 pages
Publisher:Wiley
Publication Date:March 20, 2006
ISBN:0471749559
Package Length:11.18 inches
Package Width:8.82 inches
Package Height:2.36 inches
Package Weight:6.48 pounds
Average Customer Rating: based on 13 reviews

Customer Reviews
Average Customer Review:3.5
Write an online review and share your thoughts with other customers.

0 of 4 found the following review helpful:

1I have not received the book  Jun 24, 2008
I have rate wrongly before..I still have not received that book. I just arrive in USA for a short period and I do not have a lot of money. I spend 80 dollars for that book. But he or she did not mail me that book. I really do not know what to do. I am helpless.

1 of 1 found the following review helpful:

5The Bible!!  Mar 27, 2008
I used a previous edition of this book to study for and pass the CPA exam on my first try back when it was a 2 day pencil and paper exam. This book has everything you need and helps to develope an excellent foundation of knowledge that will help any student who goes on to take a masters level advanced financial reporting class. To those who have rated it poorly, I have to admit that once upon a time I did not like the book. However, the problem was me and not the book. As with any book, it is not of value unless the user actualy takes time to thouroughly read each chapter.

0 of 2 found the following review helpful:

3it come in damage and it was new item  Feb 26, 2008
it was a new book that came in damage but the customer service in returning the book was great.

3 of 3 found the following review helpful:

4Much better with the Problem Solving "Survival Guide"  Dec 11, 2007
If you're looking at this book, you're probably using it for a college class or as a reference guide. In either case, the aptly named "Survival Guide" offered by the same author is invaluable. The text is great, but the chapter exercises (and most real world problems) go far beyond the examples given in the book. Consider buying the study guide to go with this one.

I used both for 2 semesters of Intermediate Accounting, and I probably wouldn't have been able to pass the second-level class without the 2nd volume of the study guide. With it, I got the best grade in the class.

Each volume is well worth an extra $50 or so

Intermediate Accounting: Problem-Solving Survival Guide
Intermediate Accounting, Volume 2, Problem Solving Survival Guide

4 of 5 found the following review helpful:

1Frighteningly stereotypical of financial accountants...  Nov 04, 2007
This book was written by three CPAs. It serves by far a greater lesson in the problems caused by owlish CPAs with the communication skills of a dim brick than it does with financial accounting.

The greatest issue with the book is a complete and total lack of logical assumptions in nearly all of the homework. Problems begin with statements such as "allowance for doubtful accounts has a balance at year end of $XXXX". What is the problem here? What balance does it have? A credit or a debit? Students should never be taught to simply 'assume' that it is one thing or another. This sort of problem is repeated ad nauseum, to the extent that any one person with basic reasoning skills will spend more time trying to understand the poorly organized information than they will learning financial accounting.

My absolute favorite with this is the discrepancy between valuating inventory systems using lifo/fifo/AC/etc; there's a question that states that a store keeps perpetual inventory records, and then EVERY SINGE valuation the problem asks for concerning ending inventory is computed in the answer as if it was periodic. This, after more painful graphs were printed up while the reader tried to understand how perpetual systems differed if they happened to use LIFO/FIFO/etc.

Where the information isn't terribly vague, it's terribly bad. There's a repetitive issue where the reader is presented with a graph to illustrate a concept and, as any normal human being is wont to do, will try to understand how the numbers are being worked. All to no avail. It isn't until they turn the page to discover that the explanation of the process was written after the explanation of the numbers. It's horribly counterintuitive.

As others have commented, it is easier by far to learn this from someone who happens to have five minutes to explain what the book needs thirty pages for. It's terribly organized and as clearly written as muddy water.

For professionals I can imagine that this book would be the most valuable tool there is. With respect to already being a CPA or other form of accountant, there are obviously things that do not need to be explained. In that regard I can understand why the authors would be held with such regard, but as a student it is exasperating at times to find errors I wouldn't expect from children.

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
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