Intermediate Accounting by Donald Kieso, Jerry Weygandt, and Terry Warfield has always been, and continues to be, the gold standard. Through significant updates, the 18th Edition presents a refreshed, accessible, and modern approach with new perspectives that help connect students to the what, the why, and the how of accounting information. 

In the intermediate accounting course, it can be difficult for students to understand the technical details and retain and recall core course topics. To move beyond basic understanding, students work through new integrated practice right at the point of learning and high-quality assessment at varying levels, helping them to learn concepts more efficiently and create connections between topics and real-world application.

Throughout the course, students also work through various hands-on activities including Critical Thinking Cases, Excel Templates, and Analytics in Action problems, all within the chapter context. These applications help students develop an accounting decision-making mindset and improve the professional judgement and communication skills needed to be successful in the profession.

With Intermediate Accounting, 18th Edition, you will be able to spark efficient and effective learning, help create the bridge to student success, and inspire and prepare students to be the accounting professionals of tomorrow.

1 The Environment and Conceptual Framework of Financial Reporting 1-1

2 The Accounting Information System 2-1

3 Income Statement, Related Information, and Revenue Recognition 3-1

4 Balance Sheet and Statement of Cash Flows 4-1

5 Accounting and the Time Value of Money 5-1

6 Cash and Receivables 6-1

7 Valuation of Inventories: A Cost-Basis Approach 7-1

8 Inventories: Additional Valuation Issues 8-1

9 Acquisition and Disposition of Property, Plant, and Equipment 9-1

10 Depreciation, Impairments, and Depletion 10-1

11 Intangible Assets 11-1

12 Current Liabilities and Contingencies 12-1

13 Long-Term Liabilities 13-1

14 Stockholders’ Equity 14-1

15 Dilutive Securities and Earnings per Share 15-1

16 Investments 16-1

17 Revenue Recognition 17-1

18 Accounting for Income Taxes 18-1

19 Accounting for Pensions and Postretirement Benefits 19-1

20 Accounting for Leases 20-1

21 Accounting Changes and Error Analysis 21-1

22 Statement of Cash Flows 22-1

23 Full Disclosure in Financial Reporting 23-1

APPENDIX A Private Company Accounting

APPENDIX B Specimen Financial Statements: The Procter & Gamble Company

APPENDIX C Specimen Financial Statements: The Coca-Cola Company

APPENDIX D Specimen Financial Statements: PepsiCo, Inc.

COMPANY INDEX

SUBJECT INDEX

LIST OF ACCOUNTS