Customer Reviews

Intermediate Accounting, Volume 2 (Chapters 15-24)

5 star:		(25)
4 star:		(6)
3 star:		(8)
2 star:		(6)
1 star:		(9)

 

 

This is an excellent book, very well written and comprehensive. However, without an instructor or a complete solutions manual, this book is impossible to use! When are authors and publishers going to learn that a beautifully thoughtout set of exercises is utterly worthless in a quantitative subject like Accounting without the solutions available! I'm presently taking a course from this book, however I would never buy this book for personal use - no answers!

What a dissappointing, unclear and abstract textbook! The chapters ill-prepare and ill-equip the student to solve any of the exercises. In addition, the book provides no key figures or key points for which a student can guide himself. It seems that the motive is to deliberately confuse the student and obfiscate the topics. In using this textbook, you are guaranteed to need supplemental textbooks, workbooks and study guides in order to get an adequate understanding (and how nice... they offer these items for purchase!). I really question the authors' intent and purpose given their unnecessary obscure approach to the topic. Stay away from this book.

As a recent accounting graduate, and current graduate student, I can tell you that this text is one of the best accounting books I ever read. Intermediate Accounting is a tough, voluminous subject, which is why it takes two semesters to get through it! Keiso and Weygandt do a great job of walking students through the specifics of a topic, along with its history, alternatives, and the profession's arguments for and against some of the more controversial ones. The problems and cases following the chapters are extremely challenging and thought-provoking; great supplements to the readings and class lectures. If you are an accounting professor, or an accounting student or professional, this book is a fantastic textbook and excellent resource during your career. I will have it in my cubicle at my firm!

When it comes to Intermediate Accounting, this book provides a better framework than any other period. I used the 9th edition while in College, and have re-ordered the 10th edition for the CPA exam. Quite frankly, not even the great Becker Convisor is as good as this book. Maybe I find it better than others because this is what I had used while taking intermidiate accounting. I have looked at other textbooks, and they could not match Mr. Keiso's textbook in organization nor could they match it in ability to explain complex issues in an easy to understand manner. This book should be in any employee's office who must deal with accounting issues and needs guidance occasinaly. I must warn you, this edition is outdated as there have been many changes since the Sarbanes-Oxley act was passed by congress. So, you may want to wait until the 11th edition comes out, as that will master all of the changes that have occured in the industry since ENRON and WORLDCOM's collapse.
If you are someone who feels overwhelmed by the entire subject, this book will organize it into compartments and allow you to understand not only the entire framework, but the details as well.

As an accounting student I hated the book: bulky, heavy and confusing, but as a practicing CPA, I realized that it is essential to keep it as a reference. Examples that were confusing in college are clear and helpful now in practice. Definitely a keeper!

This text was utilized by me in graduate school and in studying
for and passing the Uniform CPA Examination. The work has
a thorough coverage of theory and practice. It is geared for
accounting majors or more advanced business students.
Few texts provide the "bold-font" presentation of an accounting
term followed by the accompanying definition. The problem sets
are challenging. The text will help you to study for the CPA
examination because the presentation contains many problem
sets geared to prepare students for rigorous examinations.
The text is well worth the price .

This book has helped me a lot in my accounting course. This has given me all the tools that I need to become an accountant. It covers so much ground and it gives you all the current issues of whats going on in the accounting world. I'm very gratefull to have acquired this book and my very best professor who is teaching it.

This is volume two of what I guess is a two-volume version of K/W's full book. If you are looking for the real thing, pick the OTHER K/W "Intermediate Accounting." The whole thing is a great accounting reference, but you need the whole thing, not just the second half.

Although the text is written at a relatively easy reading level, I do not feel that the content covers all of the details necessary to equip you to complete the exercises. If you have a professor explaining things to you, though, I'm sure it'll do. This is the new text chosen by my correspondence college. For Intermediate I they had the text Intermediate Accounting by Dykman, Dukes, and Davis. I am glad I still have Dykman's text so I can learn the material! If you are trying to learn Intermediate Accounting on your own, I recommend Dykman's text!

The book was easy to read, however, the examples were difficult to follow. For example in chapter 24 Statement of Cash Flows, the indirect method was laid out pretty well, however, the direct method was mixed in and scattered through out the section. It was hard to establish how to complete a direct method cash flow statement. It left out very important information that was necessary to work the problems given at the end of the chapters. A good example of this was problem 24-11 (p1371), it did not explain the effect of a gain and loss very well and where to put this information. Nevertheless, this particular Intermediate book was much easier to read and follow. The other problem was the disk, and internet concept was useless. The disk offered information that should have been put on the internet sight, and the Intenet exams, slides, and answer at the end of the book, should be put on the disk. This disk did not help me at all while taking the class, because the site was usually down or could not except the exams offered to help you study.