Intermediate Accounting

They sent the wrong book got the Canadian edition and it was supposed to be the 18th and I got the 10th

Well I got the Canadian edition but wanted American edition.

They sent me the Canadian edition and now if I return it they could charge me a re-stocking and shipping fee.

My qualifications: BA in Business, BS is Accountancy, MBA finance, CPA, Corporate Controller and Financial Mananger. I've been buying and reviewing new editions of this text every few years for over 20 years now. Why? Becasue if accountancy is your profession you cannot afford not to be completely up to date. Things change. Even all you want to do is make a decent salary and vegetate somewhere, someone is trying to bury you and take your job (or your company). Count on it. It is about competiveness, survival, and prospering. When can you quit studying? Never. This is the text to put you ahead. I have seen shorter, more simple, less comprehensive, and much cheaper texts. But do you want the competitive edge or not? There are other non-book alternatives. If your're a CPA, you'll have to keep plugging along with the CPE programs forever (sigh), but they don't hack it in depth compared to this. Even the AICPA's Journal of Accountancy, though highly reccomended, and far more timely than any book, cannot cover the details adequately. Or you could take a CPA exam review course like Becker's every so oftern. That will set you back a fortune and hundreds of hours of your life. But you will be completely up to the minute on most everything. How long you remember everything after finishing the review course is another question. "A practicing CPA simply cannot know the answers to many practice questions as they arise but rather needs the ability to find such answers." (NASBA site) This is the one stop text to do it. A couple pieces of advice. Don't take the text into the office unless you see it (or others like it) on partners' bookshelves. Keep it out in the car for lunch, afterwork, fake restroom breaks,last minute reviews before you go in, or whatever. Also, never ever take it into a client's site. It may sometimes seem like a good idea, but your manager will probably slap you around for it. Any text is only good for a few years, then spring for a new edition. If you get this text, give yourself some time working through it on the parts that are new to you or give you the most trouble or worry at work. Then consider buying the study guide. It's not a substitute for the book but it can speed things up for you a lot. If you think this is a lot of work or baloney, try weighing it against not getting a good raise or promotion. Best wishes and good look. P.S. I'm on this page because I'm buying my latest copy.

I think it's a great book. I have taken two courses with this book, and though I haven't looked at other intermediate books, I find this well written and easy to follow. I have also taken Advanced Accounting, and I think this book is alot better than my advanced text by Larsen

This is the authoratative accounting book.

As in anything that is subsidized by the government(in this case, higher education), things get more expensive and less accountable, because USUALLY somebody else is paying.

As a recent accounting graduate, and current graduate student, I can tell you that this text is one of the best accounting books I ever read. Intermediate Accounting is a tough, voluminous subject, which is why it takes two semesters to get through it! Keiso and Weygandt do a great job of walking students through the specifics of a topic, along with its history, alternatives, and the profession's arguments for and against some of the more controversial ones. The problems and cases following the chapters are extremely challenging and thought-provoking; great supplements to the readings and class lectures. If you are an accounting professor, or an accounting student or professional, this book is a fantastic textbook and excellent resource during your career. I will have it in my cubicle at my firm!