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Intermediate Accounting, Vol. 1, Eighth Canadian Edition Hardcover – May 23 2007

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Product Details

  • Hardcover: 800 pages
  • Publisher: Wiley; 8th edition (May 23 2007)
  • Language: English
  • ISBN-10: 0470839791
  • ISBN-13: 978-0470839799
  • Product Dimensions: 27.2 x 22.4 x 3.4 cm
  • Shipping Weight: 1.6 Kg
  • Average Customer Review: 5.0 out of 5 stars  See all reviews (1 customer review)
  • Amazon Bestsellers Rank: #140,219 in Books (See Top 100 in Books)
  • See Complete Table of Contents

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Format: Hardcover
This is a great intermediate accounting text. It highlights the important concepts and organizes them in a way that gives the book a nice flow. My accounting professor assigned the Beechey text, however, I find this text gives more detailed explanations which can be understood after the first read. It's a great supplement to any intermediate accounting course.
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Most Helpful Customer Reviews on Amazon.com (beta)

Amazon.com: 160 reviews
138 of 145 people found the following review helpful
The Age-Old Kieso Problem Aug. 18 2009
By Citizen John - Published on Amazon.com
Format: Hardcover
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!
29 of 33 people found the following review helpful
Just what it says...INTERMEDIATE April 22 2004
By RMurray847 - Published on Amazon.com
Format: Hardcover
This is NOT an easy book. It would be a complete waste of time for a student who hasn't already taken beginning accounting. It basically goes through the balance sheet and other financial statements line-by-line, as many beginning texts do. BUT, it digs deeper. It's looking for the EXCEPTIONS to the usual, easy-to-learn rules.
It is very comprehensive and the end of chapter questions are extensive. If you can more or less master this book...you're ready for accountancy. If you just can't "get" the material, maybe another career choice is better.
The writing style is hardly "reader friendly" but it isn't too stiff, has lots of examples and charts and tables, and is broken up into many "little" sections. Any instructor / course would be insane to have someone try to get through the material properly in just one semester. It's a 2 semester book, for sure.
16 of 17 people found the following review helpful
Unparalled Nov. 21 2003
By Patrick - Published on Amazon.com
Format: Hardcover
This book (and the course) is the transitional step in becoming an accountant (or not). I feel compelled to say that this book should be considered as a bible for all accountants. It is tedious, but very rewarding for all who can last the journey through inventories, receivables, etc. Eat, sleep, drink with it, do whatever you can because this book is one of the best published pieces on accounting to date. Don't leave home without it.
35 of 42 people found the following review helpful
Intermediate Accounting Jan. 6 2004
By A Customer - Published on Amazon.com
Format: Hardcover
This book is difficult for the student to understand. I felt that I had learned nothing in my previous accounting classes. Even though the text seems straightforward in some areas, the chapter problems are difficult - the student needs more knowledge. If it had not been for the Solution Manual, I would have had no idea how to approach the homework problems. Author is presenting information above the student level. It's OK to stretch, but not at the expense of learning. Even our professor strongly suggested that we invest in another author's text in order to understand the material. I ended up dropping the class and taking it again 2 years later. By then, another text was in use.
A relative had the author as an instrtucor in college and told me Kieso was just as obtuse in class and expected students to know more than they should at that level of accounting instruction. Thank goodness there are other, student friendly Intermediate Accounting textbooks. such as the one by Dy Dyckman. Dyckman's book was the best out of the 4 that I purchsed and got me through the 3 Intermediate Accounting classes I have recently completed.
19 of 22 people found the following review helpful
Great as a Teacher! Aug. 24 2011
By Chan - Published on Amazon.com
Format: Hardcover Verified Purchase
This book is wonderful. I was skeptical at first with all the negative reviews about its complexity and its only uses for people who are already accountants. The fact is I am studying for the CPA and I was reading the Bick Financial books. Not only was it so stodgy, It didn't explain any of the terminology. I was reading on FIFO/LIFO from the Kieso book and they explained such words as base year, year 1 layer, price indexes. Not only that, they provided concrete examples in the form of journal entries and financial statements. Yes this book is heavy, but I am taking this class online. Even then, the conciseness and All in one reference makes this book worth carrying around. Dare I say this is like an accountant's bible?

Notes on the language -I am an average reader and am still a student. I think the words they use are fairly simple(compared to the CPA texts I have read at the very least) There hasn't been a concept that has befuddled me yet. Topics and terminology are fairly easy to find. I haven't tried to look up anything obscure, but if I run into any trouble, I'll let you guys know.

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