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Intermediate Accounting 13th Edition

3.9 out of 5 stars 266 customer reviews
ISBN-13: 978-0470374948
ISBN-10: 0470374942
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Product Details

  • Hardcover: 1440 pages
  • Publisher: Wiley; 13 edition (March 24, 2009)
  • Language: English
  • ISBN-10: 0470374942
  • ISBN-13: 978-0470374948
  • Product Dimensions: 8.8 x 2 x 11 inches
  • Shipping Weight: 6.3 pounds (View shipping rates and policies)
  • Average Customer Review: 3.9 out of 5 stars  See all reviews (266 customer reviews)
  • Amazon Best Sellers Rank: #233,648 in Books (See Top 100 in Books)

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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.

Customer Reviews

Top Customer Reviews

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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14 Comments 147 of 154 people found this helpful. Was this review helpful to you? Yes No Sending feedback...
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By A Customer on February 11, 2000
Format: Hardcover
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!
1 Comment 35 of 35 people found this helpful. Was this review helpful to you? Yes No Sending feedback...
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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.
Comment 31 of 35 people found this helpful. Was this review helpful to you? Yes No Sending feedback...
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By Patrick on November 21, 2003
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.
Comment 17 of 18 people found this helpful. Was this review helpful to you? Yes No Sending feedback...
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By A Customer on January 6, 2004
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.
1 Comment 38 of 45 people found this helpful. Was this review helpful to you? Yes No Sending feedback...
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Format: Hardcover
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!
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