InterMediate Accounting Fifteenth Edition pdf电子书下载
Donald E. Kieso PhD, CPA
Northern Illinois University
DeKalb, Illinois
Jerry J. Weygandt PhD, CPA
University of Wisconsin—Madison
Madison, Wisconsin
Terry D. Warfield, PhD
University of Wisconsin—Madison
Madison, Wisconsin
ISBN:9781118985311
MULU:
1 Financial Accounting and Accounting Standards 2
2 Conceptual Framework for Financial Reporting 42
3 The Accounting Information System 82
4 Income Statement and Related Information 158
5 Balance Sheet and Statement of Cash Flows 212
6 Accounting and the Time Value of Money 286
7 Cash and Receivables 344
8 Valuation of Inventories: A Cost-Basis Approach 414
9 Inventories: Additional Valuation Issues 472
10 Acquisition and Disposition of Property, Plant,
and Equipment 536
11 Depreciation, Impairments, and Depletion 588
12 Intangible Assets 648
13 Current Liabilities and Contingencies 700
14 Long-Term Liabilities 762
15 Stockholders’ Equity 820
16 Dilutive Securities and Earnings per Share 882
17 Investments 950
18 Revenue Recognition 1040
19 Accounting for Income Taxes 1116
20 Accounting for Pensions and Postretirement
Benefits 1182
21 Accounting for Leases 1268
22 Accounting Changes and Error Analysis 1342
23 Statement of Cash Flows 1410
24 Full Disclosure in Financial Reporting 1486
Chapter 1 Financial Accounting and Accounting Standards
• New opening story, about how the U.S. can improve its
financial reporting system to provide reliable accounting
information.
• Updated Types of Pronouncements section and increased
coverage of the EITF.
• New WDNM box on how different countries’ cultures
impede international convergence efforts.
• Updated International Accounting Convergence discussion
in IFRS Insights section.
• New Evolving Issue, on the use of fair value accounting.
Chapter 2 Conceptual Framework for Financial Reporting
• Updated WDNM box on earnings with recent information
about Facebook’s reporting of its first earnings after
going public.
• New footnote on the liquidation basis of accounting.
• New footnote material on the FASB’s additional guidance
related to use of fair value in financial statements.
• Updated discussion plus added an illustration on the five
steps of revenue recognition.
• Revised Constraints section, as now only cost constraint is
included in the conceptual framework.
Chapter 3 The Accounting Information System
• Revised discussion/terminology used to reflect anticipated
new wording of revenue recognition principle.
• Updated material on economic crime in opening story.
• Updated graphics to increase student engagement.
• New WDNM box on companies’ need to update their
accounting information systems yet unwillingness to
interrupt their operations to do so.
Chapter 4 Income Statement and Related Information
• Revised opening story, to discuss Groupon’s recent
pro forma reporting.
• Revised Format of the Income Statement section, adding
discussion on the intermediate components of the income
statement and presenting the multiple-step before singlestep
format to reflect current practice.
• Revised Reporting Irregular Items section, to broaden
focus on irregular and unusual items. Updated discussion
throughout as well as added discussion on noncontrolling
interest.
• Updated Comprehensive Income discussion, to reflect
most recent accounting standards.
• New Underlying Concepts marginal note, about how
the income statement provides information that is
central to the objective of financial reporting.
• Revised the WDNM box on managing earnings to
discuss a recent study that reinforces concerns about
earnings management.
• New illustration showing and explaining the revised
income statement sections.
• New WDNM box on the importance of the top line, in
addition to the bottom line, in the income statement
when analyzing companies.
• New Evolving Issue, on income reporting.
Chapter 5 Balance Sheet and Statement of Cash Flows
• Updated WDNM box on the airline industry, to include
recent merger activity.
• Replaced several examples of real-company financial statements.
• Added noncontrolling interest line item to the balance
sheet, to reflect recent FASB pronouncement.
• Moved most of P&G’s annual report from Appendix 5B
to book’s companion website.
• New Evolving Issue, on balance sheet reporting.
Chapter 6 Accounting and the Time Value of Money
• New opening story, about developing fair value estimates
and applying fair value guidance to specific examples.
• New WDNM box on how starting a savings account earlier
can significantly affect the value of a retirement fund.
• Revised WDNM box on Fed’s ability to adjust interest rates
by adding discussion on Fed’s more recent use of quantitative
easing.
Chapter 7 Cash and Receivables
• New opening story, about banks’ boosting earnings by
releasing loan loss reserves.
• New WDNM boxes, on tax incentives for companies to
move their cash overseas, and recent trends of companies
to delay payment of bills.
• New discussion on repurchase agreements (see footnote 14).
• New Evolving Issue, on how existing GAAP results in
allowances for loan loss that tend to be at their lowest
level when they are needed most, the beginning of a
downward-trending economic cycle.
Chapter 8 Valuation of Inventories: A Cost-Basis Approach
• New opening story, about why some companies are
switching from LIFO to FIFO.
Chapter 9 Inventories: Additional Valuation Issues
• New opening story, about why investors need comparable
information about inventory when evaluating retailers’
financial statements.
Chapter 10 Acquisition and Disposition of Property, Plant,
and Equipment
• New opening story, about importance of capital expenditures
and how they can affect a company’s income.
Chapter 11 Depreciation, Impairments, and Depletion
• New Evolving Issue, on whether to account for exploration
costs in the oil and gas industry using full-cost or
successful-efforts.
Chapter 12 Intangible Assets
• New opening story, on increasing amount of sustainability
information provided by companies.
• New Underlying Concepts marginal note about surrounding
controversy for R&D accounting.
• Added more real-world examples to Contract-Related
Intangible Assets section.
• Completely rewritten WDNM box, discussing the patent
battles between e-tailers and cell phone companies.
• New discussion (footnotes) on qualitative assessment to
determine impairment of indefinite-life intangibles.
• Revised WDNM box on impairment risk, to discuss more
recent case of Bank of America.
• New Evolving Issue, on the recognition of R&D and
internally generated intangibles.
• Moved Appendix 12A, Accounting for Computer Software
Costs, to book’s companion website.
Chapter 13 Current Liabilities and Contingencies
• New Evolving Issue, on how to account for greenhouse gases.
Chapter 14 Long-Term Liabilities
• New opening story, about the impact of long-term debt
on governments and companies.
• New Evolving Issue, on how the FASB believes that using
the fair value option for liabilities makes sense, as the valuation
of a liability is related to a company’s credit standing.
Chapter 15 Stockholders’ Equity
• Updated opening story, on the global IPO market.
• New WDNM boxes, on Delaware as a tax haven for companies,
whether buybacks signal good or bad news about companies,
and an analysis of recent company dividend payouts.
• Revised WDNM box to include more recent information
about companies going public with two or more classes
of stock.
• New information and illustration on recent company
buybacks.
Chapter 16 Dilutive Securities and Earnings per Share
• Revised opening story, updating information about
companies’ use of options and restricted stock.
• Updated material to include recent convergence
material on accounting for financial instruments with
characteristics of both debt and equity.
• New Evolving Issue, on accounting for convertible debt.
• New illustration on company equity grants.
• New footnote on rationale for why companies are moving
away from options to restricted stock, and revised footnote
about how EPS effects of noncontrolling interest should be
presented.
• Completely revised WDNM box, about the effect of companies
that expense stock options on their stock prices.
Chapter 17 Investments
• Revised opening story, to include recent FASB position on
how banking industry values loans.
• New footnotes on FASB’s current exploration for a new
impairment model for financial instruments as well as
additional disclosures required for items reclassified out of
accumulated other comprehensive income.
• New Evolving Issues, on fair value controversy as well as
proposed new classification and measurement model for
financial assets.
• New material on FASB required disclosures for financial
instruments, with special emphasis on Level 3
measurements.
Chapter 18 Revenue Recognition
• Updated WDNM boxes, to reflect new disclosure requirements
for gift-card issuers and to stress importance of
companies reporting sales on a net basis.
Chapter 19 Accounting for Income Taxes
• Updated footnotes on determining the true cost of taxes
and deferred tax assets (Sony’s experience in post-quake
Japan).
• New Evolving Issue, on uncertain tax positions.
• New WDNM box, about creative tax accounting at Apple,
Google, and GE.
Chapter 20 Accounting for Pensions and Postretirement
Benefits
• Updated opening story on pension plan choices.
• Updated statistics on size of pension plan assets globally.
• Updated chart on defined benefit/defined contribution
plan mix.
• New Evolving Issue, on companies’ voluntary choice to
abandon corridor amortization.
• Updated WDNM box on funded status of pension plans.
• New WDNM box on guarantees for the PBGC.
• New IFRS Insight section reflecting major amendments to
IFRS for pensions (IAS 19).
Chapter 21 Accounting for Leases
• Updated opening story on aircraft leasing data and added
information about Rite-Aid’s off-balance-sheet obligations.
• New Evolving Issue, on proposal to address off-balancesheet
reporting of leases.
Chapter 22 Accounting Changes and Error Analysis
• Updated opening story, of recent accounting changes mandated
by the FASB and subsequent company restatements.
• Revised WDNM box, on need to protect company
statements from negative effects of fraud.
Chapter 23 Statement of Cash Flows
• Reorganized chapter, to present the indirect method
through preparation of the statement of cash flows first,
followed by the discussion of the direct method as well
as advantages and disadvantages of both methods.
• New WDNM box, on how cash flow management can
affect the quality of accounting information.
• Reformatted “Direct versus Indirect Controversy” as new
Evolving Issue, to highlight the arguments in favor of
each method.
• Updated WDNM box to show how banks’ use of investment
classifications can affect operating cash flows.
Chapter 24 Full Disclosure in Financial Reporting
• New discussion in Differential Disclosure section about costs
and benefits of a “one size fits all” reporting package.
• New Evolving Issues, on ensuring the quantity and
quality of financial disclosure, and interim reporting rules.
• New footnote on FASB going concern project.
• New WDNM box, on the difference between British and
U.S. forecasting.
