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Intermediate Accounting, 11th edition: Volume One (Volume 1), by Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield
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This bestseller has powered the careers of countless professionals. The new edition builds on the book's reputation for comprehensiveness, accuracy, and currency, incorporating all the recent changes to the accounting literature. Updated with the latest developments and standards in the field. The book includes a CD-ROM with an accounting cycle tutorial, a financial statement analysis primer, an annual report database, spreadsheet tools, career resources, and more. It will help readers develop the knowledge- and skills-base they need to succeed as professional accountants.
- Sales Rank: #1348086 in Books
- Published on: 2003-03-24
- Original language: English
- Number of items: 1
- Dimensions: 11.08" h x 1.14" w x 8.76" l,
- Binding: Hardcover
- 722 pages
Most helpful customer reviews
148 of 155 people found the following review helpful.
The Age-Old Kieso Problem
By Afia
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. The publisher also provides the professors with additional materials including exam materials, so there's always the incentive for the professor to use the latest edition and claim that it's the only acceptable one due to the end of chapter problems.
These are really heavy books - no fun to carry around. The book weighs 6.2 pounds. That's ridiculous. 1,440 pages and you darn well have to know this material. This gives a hint why so many people, despite knowing that good accountants tend to stay employed in a recession, won't even consider this route. But at least the Kieso books, other than their workbooks, are hardcover with large dimensions and quality paper and binding. Nothing is worse than using a thick softcover text that feels like a phone book. Unfortunately they're expensive new, and you might one day be buying the 18th edition used for a fraction of this price.
Note, if you need the WileyPlus access code, it is NOT included with this book. If your professor makes you get the code, you've got to spend even more money. You get this access code at the Wileyplus website. A kind student emailed me that the code now costs $83.50 at the site. Wiley also puts in place separate deals with some but not all college bookstores, although then the prices vary a lot at the college bookstore level. Sometimes, depending on how the professor intends to use the WileyPlus resource, you might just ask the professor and get the code, but those cases are rare.
A word of caution and encouragement: This Intermediate Accounting course along with the first one, Financial Accounting, are the two that were traditionally used to weed out students from becoming accounting majors. You've got to spend a lot more time on this course than you usually would for a typical course. Good luck - I wish you the best!
35 of 35 people found the following review helpful.
Excellent book, but no solutions!
By A Customer
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!
17 of 17 people found the following review helpful.
Recommend this study guide
By D. rice
It only covers chapters 1-14 as the other reviews has stated, and is a bit expensive.
However, I got an "A" in my intermediate accounting class, and this guide helped a lot.
It don't replace reading the book, but does give a lot of extra problems and exercises (true/false, and multiple choice) to give more practice and understanding for the test.
I found the solutions to be correct and very few mistakes. When a true/false is false, it gives you the reason why, and on the multiple choice, gives you the reason why the correct choice is correct and why the others are wrong.
The brief review does not begin to cover everything in the chapter, and you will not even be able to complete the exercises/problems with just the chapter review. So, don't feel this will replace the textbook.
If you have the money, I recommend this study guide.
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