Intermediate Accounting » (5th Edition)

J. David Spiceland received his MBA at Southern Illinois University and his Ph.D. at University of Arkansas. Dr. Spiceland has been recognized for his teaching, and is active in the AAA.

Jim Sepe received his MBA at the University of California—Berkeley and his Ph.D. at the University of Washington. He has received numerous teaching awards at Santa Clara University.

Larry Tomassini is professor of accounting and MIS and director of the undergraduate accounting program at The Ohio State University. He has held several endowed chair positions during his academic career, including the Ernst and Young Distinguished Professor at the University of Illinois and the Peat Marwick Mitchell Centennial Professorship in Accounting at the University of Texas.

Adopters and reviewers praise Intermediate Accounting, 4e, by Spiceland/Sepe/Tomassini for its superior readability, strong supplements package/learning system, good EOC, real-world flavor, consistent quality; and high student engagement. SST 4e will gain support in both traditional and progressive accounting departments, especially those looking for a more concise, decision-making text that reinforces challenging concepts. At 1250 pages (200 pages shorter than the market leader), SST 4e has not sacrificed content for pages. Instead, the authors have created a flexible text with a student friendly writing style that focuses on explaining not only how to apply a procedure, but why it’s applied. SST 4e is built around a “Learning System” designed to prepare students for the new CPA exam and the business world, by emphasizing decision making. Acknowledging the diversity of students and their learning styles, the authors have created a clear text and varied supplemental materials to aid the success of every student. SST 4e also provides a flexible and consistent supplemental package for instructors.

Contents in Brief
The Role of Accounting as an Information System
1 Environment and Theoretical Structure of Financial Accounting
2 Review of the Accounting Process
3 The Balance Sheet and Financial Disclosures
4 The Income Statement and Statement of Cash Flows
5 Income Measurement and Profitability Analysis
6 Time Value of Money Concepts
Economic Resources
7 Cash and Receivables
8 Inventories: Measurement
9 Inventories: Additional Issues
10 Operational Assets: Acquisition and Disposition
11 Operational Assets: Utilization and Impairment
Financial Instruments
12 Investments
13 Current Liabilities and Contingencies
14 Bonds and Long-Term Notes
15 Leases
16 Accounting for Income Taxes
17 Pensions and Other Postretirement Benefits
Additional Topics
18 Shareholders’ Equity
19 Share-Based Compensation and Earnings per Share
20 Accounting Changes and Error Corrections
21 The Statement of Cash Flows Revisited
Appendix A: Derivatives
Appendix B: FedEx Financial Statements
Glossary
Index