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Binding: Hardcover Dewey Decimal Number: 657.044 EAN: 9780471749554 Edition: 12th ISBN: 0471749559 Label: Wiley Manufacturer: Wiley Number Of Items: 1 Number Of Pages: 1416 Publication Date: March 20, 2006 Publisher: Wiley Studio: Wiley
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| Customer Reviews | ||
  - The Bible!!I used a previous edition of this book to study for and pass the CPA exam on my first try back when it was a 2 day pencil and paper exam. This book has everything you need and helps to develope an excellent foundation of knowledge that will help any student who goes on to take a masters level advanced financial reporting class. To those who have rated it poorly, I have to admit that once upon a time I did not like the book. However, the problem was me and not the book. As with any book, it is not of value unless the user actualy takes time to thouroughly read each chapter. Rating:  - it come in damage and it was new itemit was a new book that came in damage but the customer service in returning the book was great. Rating: - Much better with the Problem Solving "Survival Guide"If you're looking at this book, you're probably using it for a college class or as a reference guide. In either case, the aptly named "Survival Guide" offered by the same author is invaluable. The text is great, but the chapter exercises (and most real world problems) go far beyond the examples given in the book. Consider buying the study guide to go with this one. I used both for 2 semesters of Intermediate Accounting, and I probably wouldn't have been able to pass the second-level class without the 2nd volume of the study guide. With it, I got the best grade in the class. Each volume is well worth an extra $50 or so Intermediate Accounting: Problem-Solving Survival Guide Intermediate Accounting, Volume 2, Problem Solving Survival Guide Rating:  - Frighteningly stereotypical of financial accountants...This book was written by three CPAs. It serves by far a greater lesson in the problems caused by owlish CPAs with the communication skills of a dim brick than it does with financial accounting. The greatest issue with the book is a complete and total lack of logical assumptions in nearly all of the homework. Problems begin with statements such as "allowance for doubtful accounts has a balance at year end of $XXXX". What is the problem here? What balance does it have? A credit or a debit? Students should never be taught to simply 'assume' that it is one thing or another. This sort of problem is repeated ad nauseum, to the extent that any one person with basic reasoning skills will spend more time trying to understand the poorly organized information than they will learning financial accounting. My absolute favorite with this is the discrepancy between valuating inventory systems using lifo/fifo/AC/etc; there's a question that states that a store keeps perpetual inventory records, and then EVERY SINGE valuation the problem asks for concerning ending inventory is computed in the answer as if it was periodic. This, after more painful graphs were printed up while the reader tried to understand how perpetual systems differed if they happened to use LIFO/FIFO/etc. Where the information isn't terribly vague, it's terribly bad. There's a repetitive issue where the reader is presented with a graph to illustrate a concept and, as any normal human being is wont to do, will try to understand how the numbers are being worked. All to no avail. It isn't until they turn the page to discover that the explanation of the process was written after the explanation of the numbers. It's horribly counterintuitive. As others have commented, it is easier by far to learn this from someone who happens to have five minutes to explain what the book needs thirty pages for. It's terribly organized and as clearly written as muddy water. For professionals I can imagine that this book would be the most valuable tool there is. With respect to already being a CPA or other form of accountant, there are obviously things that do not need to be explained. In that regard I can understand why the authors would be held with such regard, but as a student it is exasperating at times to find errors I wouldn't expect from children. Rating: - Great TextThis is by far the best accounting text I have come across (Sr. level accounting undergraduate). The authors give explanations of items covered in principle accounting classes. They use great graphics to aid in understanding the material. The chapter assignments are within limits given the available information. |
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