Intermediate Accounting
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. <p><b>New to This Edition:</b></p> <ul> <li> <div><b>NEW IFRS content:</b> <i>Intermediate Accounting</i>, 13e, includes, in 20 of the 24 chapters, a €œConvergence Corner€ feature that demonstrates to readers how international financial reporting standards apply to the main topics of the chapter.<br /> * Updated Appendix 24B provides a complete discussion of the international accounting and reporting environment, with the latest convergence developments.<br /> * Quick-hitting International Insights in the margins compare or contrast international standards with a point under discussion in the nearby text.<br /> * 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.<br /> * International Reporting Cases ask readers to analyze financial statements of international companies and apply analysis with the application of international standards.</div> </li> <li> <div><b>Updated <i>Fair Value discussions</i></b>: 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.</div> </li> <li> <div><b>FASB</b> <b>Codification</b>: 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.</div> </li> <li> <div><b>Revised <i>End-of-Chapter Material</i></b>: Names, numbers, and dates in all end-of-chapter materials, including brief exercises and problems, have been changed.</div> </li> <li> <div><b>Expanded <i>CPA-prep Professional Simulations</i></b>: Now be offering a complete online Wiley CPA prep course electronically.</div> </li> <li> <div><b>Updated real-world focus:</b>  This edition contains many new chapter-opening stories and €œWhat Do the Numbers Mean?€ boxes. Such applications join theory and practice, and demonstrate to readers the use of accounting in today€s business world. </div> </li> </ul>