Intermediate Accounting

Author

J. David Spiceland, James F. Sepe, Mark W. Nelson, Wayne B. Thomas

Edition

Year

2016

Publisher

McGraw-Hill Education

ISBN

978-0-07-802583-9

Last Update

21-Jun-2025

Keywords

finance Accounting

Description

Intermediate Accounting (8th Edition) is a comprehensive textbook designed to provide students with a strong foundation in financial accounting and reporting. It covers key accounting principles and standards, with an emphasis on U.S. GAAP and IFRS. The book is well-known for its clear explanations, detailed examples, and an abundance of real-world financial case studies from companies such as PetSmart. Topics covered include revenue recognition, the balance sheet, income statements, cash flows, accounting for income taxes, pensions, leases, and more. The book also includes exercises that foster critical thinking, and an integrated system of resources such as SmartBook and LearnSmart for adaptive learning. It is ideal for accounting students preparing for the CPA exam and professionals needing to deepen their accounting knowledge.