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 examples 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.
Table of Contents
Chapter 1. Financial Accounting and Accounting Standards.