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 example 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.
Chapter 1 Accounting Standard and Financial Reporting
Chapter 2 Concepts Underlying Financial Accounting
Chapter 3 Understanding the Accounting Information System
Chapter 4 Examining the Income Statement
Chapter 5 Examining the Balance Sheet and Statement of
Cash Flows
Chapter 6 Present Value Concepts and Measurement
Chapter 7 Understanding Cash and Receivables
Chapter 8 Accounting and Reporting for Inventory : The Basics
Chapter 9 Inventories: Valuation and Estimation Concepts
Chapter 10 Property, Plant, and Equipment: Acquisition and
Disposition
Etc.