Professional

Intermediate Accounting, 19th Edition

  • Earl K. Stice Brigham Young University
  • James D. Stice Brigham Young University
  • ISBN-10: 1133957919  |  ISBN-13: 9781133957911
  • 1552 Pages
  • Previous Editions: 2012, 2010, 2007
  • © 2014 | Published
  • List Price = $ 457.95
  • For quantity discounts, Contact your Representative
  • For single copy purchases, visit CengageBrain.com

About

Overview

Study the central activities of a business, including today's hot topics, to learn accounting principles! INTERMEDIATE ACCOUNTING presents a user/decision-making approach combined with the necessary coverage of GAAP, codification, and IFRS to help you understand accounting in terms of what goes on in a business. The text's efficient format is not overwhelming like other encyclopedic texts, and it blends the core concepts of accounting principles with procedural applications. An expansive set of end-of-chapter material helps you prepare for exams.

Features and Benefits

  • The text has been updated to reflect the latest changes in accounting standards, practices, and techniques. The information about real-life companies has been revised to account for recent changes in financial statements and other company reports.
  • A FASB Codification feature, found in each chapter, is designed to help students understand how to use the FASB's codification research. The feature provides an ethical issue for students to discuss and analyze using FASB standards, with the answer provided at the end of the chapter.
  • Additional coverage of fair value accounting has been added in Part 1 to follow Time Value of Money Review.
  • Additional coverage of International Financial Reporting Standards has been added throughout the book (and in Chapter 22 specifically) to reflect the changing nature of the financial reporting environment.
  • Opening Scenario Questions: Critical-thinking questions follow each company chapter opener, with solutions provided at the end of the chapter so that students can check their answers as they think about how they would respond to accounting-related issues that businesses face.
  • How and Why Framework: Following each learning objective, the authors provide additional reinforcement of the critical concepts by highlighting the procedural aspects (the "how") as well as the context (or "why") to which the concepts are applied. As students move through the chapter, they gain a greater understanding of both elements and can rationalize why businesses account for things the way they do. To further stress and show this framework as students read the chapter, relevant narrative is flagged by a design element to denote the "why."
  • Cumulative Spreadsheet Assignment: Found in the case section and featured at the end of Chapters 2 through 22, the cumulative spreadsheet assignment allows students to demonstrate and reinforce their understanding of the chapter topics by creating a spreadsheet that allows numerous variables to be modified and their effects to be monitored.
  • Caution and FYI Boxes: Found throughout each chapter, these boxed features frequently emphasize additional points of interest or provide crucial cautions.

Table of Contents

1. Financial Reporting.
2. A Review of the Accounting Cycle.
3. The Balance Sheet and Notes to the Financial Statements.
4. The Income Statement.
5. Statement of Cash Flows and Articulation.
6. Earnings Management.
Module: Time Value of Money Review.
Module: Fair Value.
7. The Revenue/Receivables/Cash Cycle.
8. Revenue Recognition.
9. Inventory and Cost of Goods Sold.
10. Investments in Noncurrent Operating Assets--Acquisition.
11. Investments in Noncurrent Operating Assets--Utilization and Retirement.
12. Debt Financing.
13. Equity Financing.
14. Investments in Debt and Equity Securities.
15. Leases.
16. Income Taxes.
17. Employee Compensation--Payroll, Pensions, and Other Compensation Issues.
18. Earnings per Share.
19. Derivatives, Contingencies, Business Segments, and Interim Reports.
20. Accounting Changes and Error Corrections.
21. Statement of Cash Flows Revisited.
22. Accounting in a Global Market.
23. Analysis of Financial Statements.
Appendix: Index of References to APB and FASB Pronouncements.
Check Figures.
Glossary.
Subject Index.
Company Index.

What's New

  • The new edition of the textbook is accompanied by online tutorial activities developed for each chapter by the authors of the textbook. These activities, along with CengageNOW, make for a contemporary approach to learning intermediate accounting.
  • End-of-chapter questions and problems are updated to provide a breadth of assignment options for instructors and new learning opportunities for students.
  • InfoTrac® Student Collections are specialized databases expertly drawn from the Gale Academic One library. Each InfoTrac® Student Collection enhances the student learning experience in the specific course area related to the product. These specialized databases allow access to hundreds of scholarly and popular publications - all reliable sources - including journals, encyclopedias, and academic reports. Learn more and access at: http://gocengage.com/infotrac.

Learning Resource Bundles

Choose the textbook packaged with the resources that best meet your course and student needs. Contact your Learning Consultant for more information.

Printed Text + CengageNOW 2-Semester Instant Access

ISBN-10: 1285725352  | ISBN-13: 9781285725352

List Price = $477.95  | CengageBrain Price = $477.95


Printed text + LMS Integrated for CengageNOW™, 2 terms Instant Access

ISBN-10:  1305519507  | ISBN-13:  9781305519503

List Price = $477.95  | CengageBrain Price = $477.95


ePack: Intermediate Accounting: Reporting and Analysis (with The FASB's Accounting Standards Codification: A User-Friendly Guide) + Intermediate Accounting, 19th + CengageNOW 2-Semester Instant Access

ISBN-10:  1305520653 | ISBN-13:  9781305520653

List Price = $804.95


Supplements

All supplements have been updated in coordination with the main title. Select the main title's "About" tab, then select "What's New" for updates specific to title's edition.

For more information about these supplements, or to obtain them, contact your Learning Consultant.

Instructor Supplements

Solutions Manual, Volume 1  (ISBN-10: 1285092899 | ISBN-13: 9781285092898)

Prepared by the authors, this manual contains verified answers to all end-of-chapter questions, cases, exercises, and problems.

Solutions Manual, Volume 2  (ISBN-10: 1285092910 | ISBN-13: 9781285092911)

Prepared by the authors, this manual contains verified answers to all end-of-chapter questions, cases, exercises, and problems.

CengageNOW 1-Semester Instant Access  (ISBN-10: 1285189302 | ISBN-13: 9781285189307)

List Price = $135.00  | CengageBrain Price = $135.00  | College Bookstore Wholesale Price = $135.00

CengageNOW 2-Semester Instant Access  (ISBN-10: 1285182162 | ISBN-13: 9781285182162)

CengageNOW is an online homework solution in accounting that delivers better outcomes--NOW! CengageNOW encourages practice with the textbook homework that is central to success in accounting.

List Price = $165.00  | CengageBrain Price = $165.00  | College Bookstore Wholesale Price = $165.00

Student Supplements

CengageNOW 1-Semester Instant Access  (ISBN-10: 1285189302 | ISBN-13: 9781285189307)

Succeed in your accounting course with CengageNOW™, a powerful online homework tool that optimizes your learning experience. This interactive system generates a diagnostic Personalized Study Plan (with a chapter-specific Pre-test, Study Plan, and Post-test) to help you master concepts, prepare for exams, and get a better grade.

List Price = $135.00  | CengageBrain Price = $135.00  | College Bookstore Wholesale Price = $135.00

CengageNOW 2-Semester Instant Access  (ISBN-10: 1285182162 | ISBN-13: 9781285182162)

CengageNOW is an online homework solution in accounting that delivers better outcomes--NOW! CengageNOW encourages practice with the textbook homework that is central to success in accounting.

List Price = $165.00  | CengageBrain Price = $165.00  | College Bookstore Wholesale Price = $165.00

LMS Integrated for CengageNOW™, 1 term Instant Access  (ISBN-10: 1305404734 | ISBN-13: 9781305404731)

Have the tools you need to be successful A variety of tools are available in CengageNOW, all combined in one easy-to-use resource designed to improve your grades. Some resources get you prepared for class and help you succeed on homework, and others show you specific areas where you can work to improve. Stay ahead of the course requirements CengageNOW shows you the path through your course—from first day through finals. Once you know what’s expected, it’s easier to complete your assignments. Gain understanding that stays with you Do well on tests as well as the assignments! Bridge the gap between homework and tests by using CengageNOW to truly understand the material. Self-study and review materials keep you on the right track, to make sure your understanding goes beyond memorization. Set yourself up for better grades Why wonder where you stand? CengageNOW includes trackable assignments and grades. It tells you what to do to improve your grade, and gives you the tools to accomplish it! Student Testimonials: “I love the check your work option. Really, when you’re having a hard time figuring out an answer, sometimes working backwards is the best way to understand conceptually what you’re doing wrong.” - Brad Duncan University of Utah “I liked the videos because they were short enough to teach me and because they were short, I was able to find time to watch them again and again if I did not understand the first time.” - Jennifer Wright Northeast Wisconsin Technical College CTA: Ask your instructor about CengageNOW for this course.

List Price = $135.00  | CengageBrain Price = $135.00  | College Bookstore Wholesale Price = $135.00

Meet the Author

Author Bio

Earl K. Stice

Earl K. Stice is the PricewaterhouseCoopers Professor of Accounting in the School of Accountancy at Brigham Young University, where he has been on the faculty since 1998. He holds bachelor’s and master’s degrees from Brigham Young University and a PhD from Cornell University.

James D. Stice

James D. Stice is the Distinguished Teaching Professor in the Marriott School of Management at Brigham Young University. He is currently Associate Dean of the Marriott School. Dr. Stice served for eight years as the director of BYU’s MBA Program. He holds bachelor’s and master’s degrees in accounting from BYU and a PhD in accounting from the University of Washington.