Book Description:
ISBN-13: 9781119048534
The 11th Canadian edition of Intermediate Accounting is a comprehensive and detailed textbook that covers the fundamental principles and concepts of accounting. Divided into two volumes, this book provides a thorough examination of financial reporting, including topics such as revenue recognition, inventory valuation, and long-term liabilities.
Volume I focuses on the theoretical framework of accounting, discussing the conceptual foundations of financial reporting and the role of accounting standards in ensuring transparency and accuracy in financial statements. It also delves into the principles of revenue recognition, the valuation of assets, and the measurement of liabilities.
Volume II builds on the concepts introduced in Volume I, exploring more complex topics such as investments, income taxes, and pensions. It also covers advanced financial reporting issues, including accounting for derivatives, hedging activities, and foreign currency transactions.
this textbook is designed to provide students with a solid understanding of intermediate accounting principles and prepare them for the challenges of the accounting profession. With its clear explanations, detailed examples, and comprehensive coverage of key topics, Intermediate Accounting is an essential resource for accounting students and professionals alike.
This edition retains the full content with the added advantage of portability, allowing readers to easily access and engage with the material from any device, whether in a classroom or during fieldwork.