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He holds a Ph. These articles have examined such financial reporting issues as accounting for price-level adjustments, pensions, convertible securities, stock option contracts, and interim reports. He has served on numerous committees of the American Accounting Association and as a member of the editorial board of the Accounting Review; he also has served as President and Secretary-Treasurer of the American Accounting Association.
He received a B. A from Indiana University and a Ph. Professor Warfield's area of expertise is financial reporting, and prior to his academic career, he worked for five years in the banking industry. Securities and Exchange commission in Washington, D. Easy Assessment Algorithmic, multiple-choice test bank questions make student assessment simple to create and assign. Organized Learning A new, streamlined learning design of both WileyPLUS and the text helps students find relevant videos, reading content, and resources based on associated learning objectives, to ensure the best use of time outside of class.
Problem Solution Walkthrough Videos Terry Warfield and subject matter experts provide videos with step-by-step solutions to over problems that are based on similar problems students will find in their homework assignments. Exclusion of extraordinary items and valuation of inventory at the lower of cost and net realizable value. PetSmart financial statements for the year ended February 2, , are used throughout each chapter to illustrate key accounting concepts. Click here for a detailed list of chapter by chapter changes.
Here you will learn about the latest updates and how to integrate them into Spiceland 8e. More algorithmic content available — we added almost new algorithmic brief exercises, exercises and problems to Connect. Added approximately computational test bank problems from the test bank both static and algo versions to Connect. Extensive analysis and updates to question layout based on our best practices of how to use Intelligent Response Technology the technology for our end-of-chapter content.
So, it appears that some U. The IASB may follow suit in postponing required adoption. Those dates may be postponed. So, there is uncertainty, but it appears likely that your students next year will be responsible for understanding the new revenue recognition standard when they first take the CPA exam. The following, however, is certain: Your current students will need to know the new revenue recognition rules very early in their professional careers.
We realize that instructors may differ in terms of when they want to cover the new revenue recognition standard. Intermediate Accounting text have ushered thousands of students through their classrooms over the years.
They understand their role, as authors, in guiding students down the right path to being ready for the CPA exam and their subsequent careers. With the CPA exam placing greater focus on application of skills in realistic work settings, these discussions help your students gain an edge that will remain with them as they enter the workplace.
These questions help students to prepare for the CPA examination and focus on the key topics within each chapter, permitting quick and efficient reinforcement of those topics as well as conveying a sense of the way the topics are covered in the CPA exam. Also, a special section of multiple-choice questions illustrates coverage of IFRS. McGraw-Hill Connect Accounting McGraw-Hill Connect Accounting is a digital teaching and learning environment that gives students the means to better connect with their coursework, with their instructors, and with the important concepts that they will need to know for success now and in the future.
With Connect Accounting, instructors can deliver assignments, quizzes and tests easily online. Students can review course material and practice important skills. Connect Accounting provides all the following features:. Powerful learning resources including guided examples to pinpoint and connect key concepts for review. In short, Connect Accounting offers students powerful tools and features that optimize their time and energy, enabling them to focus on learning.
By using Connect coupled with the SmartBook adaptive technology, students can truly determine their areas of weakness and shore up any holes in their understanding of the foundational topics from each chapter or lesson. This allows the instructor to easily get a better view into how the class is performing overall and also helps make students more focused and successful in their study. SmartBook, which is powered by LearnSmart, is the first and only adaptive reading experience designed to change the way students read and learn.
It creates a personalized reading experience by highlighting the most impactful concepts a student needs to learn at that moment in time. This ensures that the focus is on the content he or she needs to learn, while simul- taneously promoting long-term retention of material.
Students are more engaged with course content, can better prioritize their time, and come to class ready to participate. Connect assets to help your students learn Connect Accounting helps students learn more efficiently by providing feedback and practice material when they need it, where they need it. Connect grades homework automatically and gives immediate feedback on any questions students may have missed. Our assignable, gradable end-of-chapter content includes a general journal application that looks and feels more like what you would find in a general ledger software package.
They now include tables for students to work through rather than requiring that all calculations be done offline. The guided examples in Connect Accounting provide a narrated, animated, step-by-step walk-through of select exercises in Intermediate Accounting similar to those assigned. These short presentations can be turned on or off by instructors and provide reinforcement when students need it most.
New Connect Features New for Fall of , Spiceland users will be able to experience a Mobile-friendly version of Connect that can be accessed online or offline. It offers a host of new reporting with Connect Insight and a sleek user interface that helps students clearly see where…. Click Here for an interactive tablet-ready Connect experience! Click here for an interactive Connect Insight experience!
To set up a demo or class test, please contact your sales representative today! New Revenue Recognition Standards. David has received university and college awards and recognition for his teaching, research, and technological innovations in the classroom. Professor Nelson has won eight teaching awards at Ohio State and Cornell. He has served three times as an editor or associate editor of The Accounting Review, and serves on the editorial boards of several journals.
Jim Sepe Jim Sepe is an associate professor of accounting at Santa Clara University where he teaches primarily intermediate accounting in both the undergraduate and graduate programs. His research interests concern financial reporting issues and the use of financial information by capital markets. He has received teaching awards at the university, college, and departmental levels, and has received the Outstanding Educator Award from the Oklahoma Society of CPAs.
CHAPTER 5 Examining the Balance Sheet and Statement of Cash Flows Intermediate Accounting, 13/e, Solutions Manual (For Instructor Use Only) ASSIGNMENT CLASSIFICATION TABLE (BY LEARNING OBJECTIVE) Learning Objectives Brief SOLUTIONS .
Access Intermediate Accounting 15th Edition Chapter 5 solutions now. Our solutions are written by Chegg experts so you can be assured of the highest quality!
Chapter 5Income Measurement and Profitability Analysis AACSB assurance of learning standards in accounting and business education require 5/5(2). Intermediate Accounting: Chapter 5. Balance Sheet. STUDY. PLAY. Balance sheet. Balance sheet - Financial statement that shows the financial condition of a company at the end of a period by reporting its assets, liabilities, and stockholders' equity. 5. Prepaid expense (Cost).
View Homework Help - INTERMEDIATE FINANCIAL ACCOUNTING SOLUTIONS ch5 from ACC/ at University of Phoenix. CHAPTER 5 Balance Sheet and Statement of Cash Flows ASSIGNMENT CLASSIFICATION TABLE (BY84%(31). CHAPTER 5 Balance Sheet and Statement of Cash Flows ASSIGNMENT CLASSIFICATION TABLE (BY TOPIC) Topics Questions Brief Exercises Exercises Problems.