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AffordabilityThe Spiceland/Nelson/Thomas/Winchel author team has created the new standard in Intermediate Accounting by providing students with the most accessible, comprehensive, and current Intermediate Accounting learning system. The rigorous yet readable approach has won over instructors across the country, while the conversational and consistent voice of this highly dedicated and deeply engaged author team has significantly improved student understanding. The Spiceland team is committed to providing current, comprehensive, and clear coverage of Intermediate Accounting , and the newest edition continues to leverage Connect as the premier digital teaching and learning tool on the market. Spiceland/Nelson/Thomas/Winchel’s Intermediate Accounting excels in fully preparing students for the CPA exam and their future careers through the materials’ highly acclaimed conversational writing style, carefully tuned pedagogy, and wealth of online tools. The authors help students develop a better understanding of both theoretical and practical concepts, guiding them to a more complete mastery of accounting principles. Main Features - LMS Integration
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About the AuthorDavid Spiceland David Spiceland is Accounting Professor Emeritus at the University of Memphis. He received his BS degree in finance from the University of Tennessee, his MBA from Southern Illinois University, and his PhD in accounting from the University of Arkansas. Professor Spiceland’s primary research interests are in earnings management and educational research. He has published articles in a variety of journals including The Accounting Review, Accounting and Business Research, Journal of Financial Research, Advances in Quantitative Analysis of Finance and Accounting, and most accounting education journals: Issues in Accounting Education, Journal of Accounting Education, Advances in Accounting Education, The Accounting Educators’ Journal, Accounting Education, The Journal of Asynchronous Learning Networks, and Journal of Business Education. David has received university and college awards and recognition for his teaching, research, and technological innovations in the classroom. David is a co-author on McGraw-Hill’s best-selling Intermediate Accounting text, with Mark Nelson and Wayne Thomas. David enjoys playing basketball, is a former all-state linebacker, and is an avid fisherman. Cooking is a passion for David, who served as sous chef for Paula Deen at a Mid-South Fair cooking demonstration. Mark Nelson Mark Nelson is the Anne and Elmer Lindseth Dean and Professor of Accounting at Cornell University’s S. C. Johnson Graduate School of Management. He received his BBA degree from Iowa State University and his MA and PhD degrees from The Ohio State University. Professor Nelson has won ten teaching awards, including an inaugural Cook Prize from the American Accounting Association. Professor Nelson’s research focuses on decision making in financial accounting and auditing. His research has been published in the Accounting Review; the Journal of Accounting Research; Contemporary Accounting Research; Accounting, Organizations and Society ; and several other journals. He has received the American Accounting Association’s Notable Contribution to Accounting Literature Award, as well as the AAA’s Wildman Medal for work judged to make a significant contribution to practice. Professor Nelson served three terms as an area editor of The Accounting Review and is a member of the editorial boards of several journals. He also served for four years on the FASB’s Financial Accounting Standards Advisory Council. Wayne Thomas Wayne Thomas is the W. K. Newton Chair in Accounting at the University of Oklahoma, where he teaches introductory financial accounting and intermediate accounting. He received his bachelor’s degree in accounting from Southwestern Oklahoma State University, and his master’s and PhD in accounting from Oklahoma State University. Professor Thomas has won teaching awards at the university, college, and departmental levels, and has received the Outstanding Educator Award from the Oklahoma Society of CPAs. Wayne is also a co-author on McGraw-Hill’s best-selling Financial Accounting, with David Spiceland and Don Herrmann. His primary research interests are in markets-based accounting research, financial disclosures, financial statement analysis, and international accounting issues. He previously served as an editor of The Accounting Review and has published articles in a variety of journals including The Accounting Review, Journal of Accounting and Economics, Journal of Accounting Research, Review of Accounting Studies, and Contemporary Accounting Research . He has won several research awards, including the American Accounting Association’s Competitive Manuscript Award. Professor Thomas enjoys various activities such as tennis, basketball, golf, and crossword puzzles, and most of all, he enjoys spending time with his wife and kids. Jennifer Winchel Jennifer Winchel is the Carman G. Blough Associate Professor of Accounting at the University of Virginia’s McIntire School of Commerce, where she teaches courses at both the undergraduate and graduate levels. She received her BA degree from Illinois Wesleyan University, her MAS from Northern Illinois University, and her PhD from the University of Texas at Austin. Prior to joining UVA, she was a faculty member at the University of South Carolina’s Darla Moore School of Business. While at SC, she won the Alfred G. Smith Award for excellence in teaching. She has public accounting experience as an audit manager for PwC. Jennifer’s research focuses on decision making in financial accounting. Her research has been published in scholarly journals, such as The Accounting Review; Contemporary Accounting Research; and Accounting, Organizations, and Society. She has presented her research at a number of universities and scholarly conferences. In her free time, Jennifer enjoys various activities with her husband and son. She especially loves traveling with her son for soccer. Creating accessible products is a priority for McGraw Hill. We make accessibility and adhering to WCAG AA guidelines a part of our day-to-day development efforts and product roadmaps. For more information, visit our accessibility page , or contact us at [email protected] Reduce course material costs for your students while still providing full access to everything they need to be successful. It isn't too good to be true - it's Inclusive Access. Need support? We're here to help - Get real-world support and resources every step of the way. Company Info - Contact & Locations
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COMMENTS
Liabilities. The term GAAP stands for: Generally Accepted Accounting Principles. The primary function (s) of financial accounting is (are) to: Measure business activities of a company and communicate information about business activities to outside users. Financial accounting provides information primarily to: Investors and creditors.
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The concept that requires an accounting system to reflect only information about economic events that pertain to a particular entity. Cash basis accounting. A system in which income is measured as the difference between the cash received from customers and the cash paid to employees and suppliers. Corporation.
Answer Key - Chapter 25 (31.0K) Answer Key - Chapter 26 (36.0K) To learn more about the book this website supports, please visit its Information Center .
Watch this video for a review of Assets = Liabilities + Owners Equity and the Income StatementAccounting EquationIncome Statement
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Click the links below to download the Answer Key files in Microsoft Word format. Chapter 01 Chapter 02 Chapter 03 Chapter 04 Chapter 05 Chapter 06 Chapter 07 Chapter 08 Chapter 09 Chapter 10 Chapter 11 Chapter 12 Chapter 13. Click the link below to access the Toolkit Answer Key available in Microsoft Word. Toolkit Answer Key (79.0K)
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Connect Plus Accounting with LearnSmart 1-Semester Access Card for Financial Accounting 7e | 7th Edition ISBN-13: 9780077329013 ISBN: 0077329013 Authors: Daniel Short, Daniel G. Short, Robert Libby, Patricia A. Libby Rent | Buy
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Reduce course material costs for your students while still providing full access to everything they need to be successful. It isn't too good to be true - it's Inclusive Access. Get the 11th Edition of Intermediate Accounting by David Spiceland, Mark Nelson, Wayne Thomas and Jennifer Winchel Textbook, eBook, and other options. ISBN 9781264134526.
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Basic Accounting Equation. Assets = Liabilities + Owner's Equity. Financial Statements. Financial reports that summarize the financial condition and operations of a business. Generally Accepted Accounting Principles (GAAP) a set of accounting standards that is used in the preparation of financial statements.