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Intermediate Accounting [Kindle Edition]

Donald E. Kieso , Jerry J.,Warfield, Terry D. Weygandt
3.9 out of 5 stars  See all reviews (165 customer reviews)

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Book Description

The bestselling book on intermediate accounting, Kieso is an excellent reference for practicing accountants and an invaluable resource for anyone entering the field. It integrates FARS/Codification exercises, cases, and simulations into the chapters. This introduces readers to the codification project. They’ll learn how to leverage everyday accounting programs like Excel, GLS, and other computerized accounting software giving them a strong background in the tools needed in the accounting profession. New and existing content is arranged in a way to offer accountants a chance to review key concepts.

New to This Edition:

·         NEW IFRS content: Intermediate Accounting, 13e, includes, in 20 of the 24 chapters, a “Convergence Corner” feature that demonstrates to readers how international financial reporting standards apply to the main topics of the chapter.
* Updated Appendix 24B provides a complete discussion of the international accounting and reporting environment, with the latest convergence developments.
* Quick-hitting International Insights in the margins compare or contrast international standards with a point under discussion in the nearby text.
* New end-of-chapter Questions in each chapter focus on international standards introduced in the chapter.  These questions are marked with an icon for easy reference.
* International Reporting Cases ask readers to analyze financial statements of international companies and apply analysis with the application of international standards.

·         Updated Fair Value discussions: Fair value has been expanded at both the introductory level in Chapter 2 and in subsequent chapters where appropriate. The more thorough discussion in Chapter 2 lays the groundwork for expanded discussions in later chapters. The result is a solid understanding of fair value in the accounting profession today.

·         FASB Codification: This edition integrates the new FASB Codification throughout. References to the accounting pronouncements replaced by a numbering system in each chapter linked to the new Codification. A list of Codification references at the end of each chapter links the bracketed numbers from the text to the Codification; this list also includes a reference to the preceding literature, for easing the transition to the new system. In addition, a handful of quick exercises in each chapter give readers opportunities for practice and simple research in the Codification.

·         Revised End-of-Chapter Material: Names, numbers, and dates in all end-of-chapter materials, including brief exercises and problems, have been changed.

·         Expanded CPA-prep Professional Simulations: Now be offering a complete online Wiley CPA prep course electronically.

·         Updated real-world focus:   This edition contains many new chapter-opening stories and “What Do the Numbers Mean?” boxes. Such applications join theory and practice, and demonstrate to readers the use of accounting in today’s business world. 


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Product Details

  • File Size: 31656 KB
  • Print Length: 1440 pages
  • Simultaneous Device Usage: Up to 3 simultaneous devices, per publisher limits
  • Publisher: Wiley; 13 edition (February 5, 2010)
  • Language: English
  • ASIN: B0038AUZ2W
  • Text-to-Speech: Enabled
  • X-Ray:
  • Lending: Not Enabled
  • Amazon Best Sellers Rank: #576,441 Paid in Kindle Store (See Top 100 Paid in Kindle Store)
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Customer Reviews

Most Helpful Customer Reviews
138 of 145 people found the following review helpful
5.0 out of 5 stars The Age-Old Kieso Problem August 18, 2009
Format:Hardcover
Except for having to buy it new, there are reasons to like the Kieso series including this 13th edition of Intermediate Accounting, which is really Financial Accounting II. These authors have done everything to make the subject progressively more accessible in each edition. I know as I suffered through the courses once too. I have a master's in accounting and am a CPA. It's surprising how many accounting texts assume the student has certain prerequisite skills and knowledge and equally surprising how so many accounting professors want to lecture on what enhances their knowledge base instead of teaching to the student. The Kieso books are really teaching books. I buy used recent editions for myself just for reference since they're so well done and so cheap. Not all CPAs do that but I practice financial accounting.

You'll be lucky if the professor is permissive enough to go with an older series because most students quickly sell these books once the course is over, so used editions are MUCH cheaper. But most professors insist on the most recent edition. I think they're motivated because their authority rests on being up to date. In this 13th edition, there's a big emphasis on International Accounting Standards, and you can be sure the professors want to bone up on this themselves. The financial meltdown has discredited the whole U.S. financial complex, and one result is that the pull is now stronger toward international accounting standards rather than U.S. GAAP. Also, the authors anticipate that everyone wants to use the cheaper previous edition, so they always change the end of chapter problems.
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29 of 33 people found the following review helpful
4.0 out of 5 stars Just what it says...INTERMEDIATE April 22, 2004
Format:Hardcover
This is NOT an easy book. It would be a complete waste of time for a student who hasn't already taken beginning accounting. It basically goes through the balance sheet and other financial statements line-by-line, as many beginning texts do. BUT, it digs deeper. It's looking for the EXCEPTIONS to the usual, easy-to-learn rules.
It is very comprehensive and the end of chapter questions are extensive. If you can more or less master this book...you're ready for accountancy. If you just can't "get" the material, maybe another career choice is better.
The writing style is hardly "reader friendly" but it isn't too stiff, has lots of examples and charts and tables, and is broken up into many "little" sections. Any instructor / course would be insane to have someone try to get through the material properly in just one semester. It's a 2 semester book, for sure.
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16 of 17 people found the following review helpful
5.0 out of 5 stars Unparalled November 21, 2003
By Patrick
Format:Hardcover
This book (and the course) is the transitional step in becoming an accountant (or not). I feel compelled to say that this book should be considered as a bible for all accountants. It is tedious, but very rewarding for all who can last the journey through inventories, receivables, etc. Eat, sleep, drink with it, do whatever you can because this book is one of the best published pieces on accounting to date. Don't leave home without it.
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35 of 42 people found the following review helpful
1.0 out of 5 stars Intermediate Accounting January 6, 2004
By A Customer
Format:Hardcover
This book is difficult for the student to understand. I felt that I had learned nothing in my previous accounting classes. Even though the text seems straightforward in some areas, the chapter problems are difficult - the student needs more knowledge. If it had not been for the Solution Manual, I would have had no idea how to approach the homework problems. Author is presenting information above the student level. It's OK to stretch, but not at the expense of learning. Even our professor strongly suggested that we invest in another author's text in order to understand the material. I ended up dropping the class and taking it again 2 years later. By then, another text was in use.
A relative had the author as an instrtucor in college and told me Kieso was just as obtuse in class and expected students to know more than they should at that level of accounting instruction. Thank goodness there are other, student friendly Intermediate Accounting textbooks. such as the one by Dy Dyckman. Dyckman's book was the best out of the 4 that I purchsed and got me through the 3 Intermediate Accounting classes I have recently completed.
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19 of 22 people found the following review helpful
5.0 out of 5 stars Great as a Teacher! August 24, 2011
By Chan
Format:Hardcover|Verified Purchase
This book is wonderful. I was skeptical at first with all the negative reviews about its complexity and its only uses for people who are already accountants. The fact is I am studying for the CPA and I was reading the Bick Financial books. Not only was it so stodgy, It didn't explain any of the terminology. I was reading on FIFO/LIFO from the Kieso book and they explained such words as base year, year 1 layer, price indexes. Not only that, they provided concrete examples in the form of journal entries and financial statements. Yes this book is heavy, but I am taking this class online. Even then, the conciseness and All in one reference makes this book worth carrying around. Dare I say this is like an accountant's bible?

Notes on the language -I am an average reader and am still a student. I think the words they use are fairly simple(compared to the CPA texts I have read at the very least) There hasn't been a concept that has befuddled me yet. Topics and terminology are fairly easy to find. I haven't tried to look up anything obscure, but if I run into any trouble, I'll let you guys know.
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Most Recent Customer Reviews
5.0 out of 5 stars but was happy to see
The book that I ordered was exactly as indicated by the seller. The unbound edition came in a 3 ring binder which I did not expect, but was happy to see.
Published 3 days ago by Deb
3.0 out of 5 stars College books
Books for kids in college. They both graduated so I suppose the books are OK.
Published 8 days ago by THE MAN
5.0 out of 5 stars Great book
I bought this book to prepare for my 3rd accounting class; I have found it enjoyable to read. It is pretty encouraging to actually understand what I am reading.
Published 8 days ago by julian
3.0 out of 5 stars Three Stars
Good review book
Published 21 days ago by N
5.0 out of 5 stars Five Stars
Excellent condition....good deal
Published 1 month ago by Queen Negron
2.0 out of 5 stars Two Stars
Did not end up using.
Published 1 month ago by b
5.0 out of 5 stars Great Service!
This worked out well! I needed this text to review my IA for my new job. It worked out for the better.

Thanks!
Published 3 months ago by Robert Queen Jr.
5.0 out of 5 stars Good text, binder ready format handy
As a tutor, I order texts frequently. This was the first time I ordered binder ready. I ordered it because the price and condition were quite favorable compared to any other... Read more
Published 3 months ago by Sandra H. Kennedy
5.0 out of 5 stars An excellent book to learn intermediate accounting
I purchased this book for my intermediate accounting course at my university and have been pleased with the content and clarity of the material. Read more
Published 4 months ago by J. Davis
3.0 out of 5 stars It's a textbook
I used this textbook for school. Super expensive, but cheaper than the bookstore. It gets the job done for the class. Read more
Published 4 months ago by Josh
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More About the Author

Donald E. Kieso, Ph.D., C.P.A., received his bachelor's degree from Aurora University and his doctorate in accounting from the University of Illinois. He has served as chairman of the Department of Accountancy and is currently the KPMG Peat Marwick Emeritus Professor of Accounting at Northern Illinois University. He has public accounting experience with Price Waterhouse & Co. (San Francisco and Chicago) and Arthur Andersen & Co. (Chicago) and research experience with the Research Division of the American Institute of Certified Public Accountants (New York). He has done postdoctorate work as a Visiting Scholar at the University of California at Berkeley and is a recipient of NIU's Teaching Excellence Award and four Golden Apple Teaching Awards. Professor Kieso is the author of other accounting and business books and is a member of the American Accounting Association, the American Institute of Certified Public Accountants, and the Illinois CPA Society. He has served as a member of the Board of Directors of the Illinois CPA Society, the AACSB's Accounting Accreditation Committees, the State of Illinois Comptroller's Commission, as Secretary-Treasured of the Federation of Schools of Accountancy, and as Secretary-Treasurer of the American Accounting Association. Professor Kieso served as a charter member of the national Accounting Education Change Commission. He is the recipient of the Outstanding Accounting Educator Award from the Illinois CPA Society, the FSA's Joseph A. Silvoso Award of Merit, and the NIU Foundation's Humanitarian Award for Service to Higher Education.

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