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Intermediate Accounting, 10th Canadian Edition, Volume 1

Intermediate Accounting, 10th Canadian Edition, Volume 1

Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield, Nicola M. Young, Irene M. Wiecek, Bruce J. McConomy

ISBN: ES8-1-118-30084-8

Description

The Kieso, Weygandt, Warfield, Young, Wiecek, McConomy: Intermediate Accounting text has an outstanding reputation as "THE" text for the course and is viewed as a reliable resource by accounting students, faculty and professionals. After listening carefully to instructors and students alike, and after having built on what we have learned over nine successful editions and more than 28 years of being the market leader, we are confident that the tenth edition will continue to meet the needs of instructors and students.

The integration of the new International Accounting Standards and their comparison with Accounting Standards for Private Enterprises enhances the main goal of the book, “to help students understand, prepare and use financial information by linking education with the 'real-world’ accounting environment". Our industry-experienced and leading-edge author expertise in the field of IFRS, combined with an update of the text's technical content ensures that accounting faculty and students can continue to rely on Intermediate Accounting.

The authors continue their emphasis on helping students understand the core concepts that are at the heart of the accounting profession. The chapters are interesting, informative and pedagogically sound. Clear explanations of important issues, concepts and business transactions are provided, followed by examples of how these are applied in practice. Interesting examples show how the resulting numbers are used, and how "real life" Canadian companies actually account for and report their accounting transactions and results.

Related Resources

The tenth edition focusses on existing standards with a brief commentary on upcoming standards where warranted within the main text. Longer discussions of imminent standards can be found in the 'Looking Ahead' section at the end of each chapter or in an appendix to the chapter.

  • Every chapter begins with an "Understanding the Business" section that introduces the accounting topic in the context of everyday business.
  • Side-by-side journal entries illustrate differences in treatment between IFRS and ASPE
  • IFRS/ASPE icons call attention to items treated differently by the two standards.
  • An end-of-book glossary provides definitions of key terms highlighted in the text
  • Some longer cases with a user/non-preparer focus have been introduced and students are provided with a framework work of these cases in the first pages of the text.
  • International standards and their impact on the practice of accounting in Canada and comparisons with Accounting Standards for Private Enterprises (ASPE) continue to be integrated throughout the text. Students are given the option of looking at both methods for treating the same topic.
  • The tenth edition focusses on existing standards with a brief commentary on upcoming standards where warranted within the main text. Longer discussions of imminent standards can be found in the ‘Looking Ahead’ section at the end of each chapter or in an appendix to the chapter.
  • Every chapter begins with an Understanding the Business section that introduces the accounting topic in the context of everyday business.
  • Side-by-side journal entries illustrate differences in treatment between IFRS and ASPE.
  • IFRS/ASPE icons call attention to items treated differently by the two standards.
  • A glossary provides definitions of key terms highlighted in the text.
  • Comparison charts between IFRS and ASPE at the end of each chapter. The reference column in the IFRS-ASPE comparison chart provides cross-references to relevant illustrations and Brief Exercises that describe the differences outlined in the comparison chart.
  • Some longer cases with a user/non-preparer focus have been introduced and students are provided with a framework work of these cases in the first pages of the text.
  • Cumulative Problems added at intervals in the text combine concepts from various chapters so that students understand how "it all fits together."
  • A hallmark feature, Digging Deeper, is integrated in many of the Exercises and Problems. This asks students to take what they have learned one step further and reinforces their understanding of the concepts.
  • In order to ease the transition from introductory to intermediate accounting, an extensive ESL review of every chapter has been conducted.
  • A Real-World Emphasis with numerous examples from real corporations throughout the text helps students understand the application of accounting principles and techniques in practice. Illustrations and exhibits marked with an icon are excerpts from actual financial statements of existing firms.
  • A variety of pedagogical features including Chapter Previews with flowcharts showing the breakdown of the contents of chapter and how they are linked, as well as Underlying Concepts notes in the margins, and What Do The Numbers Mean discussions throughout each chapter.
  • An Instructor Resource Site including detailed problem solutions, an instructor's manual, a computerized test bank, PowerPoint Presentation slides, and other teaching tools.
  • WileyPLUS  is an online teaching and learning environment which integrates the entire digital textbook with the most effective instructor and student resources to fit every learning style. With WileyPLUS, instructors can personalize and manage their course more effectively with assessment, assignments, grade tracking tools and more. WileyPLUS' unparalleled service offerings provide all the help, resources, and personal support you and your students need.