Donald E. Kieso, Ph.D., C.P.A., received his bachelor's degree from Aurora University and his doctorate in accounting
from the University of Illinois. he has served as chairman of the Department of Accountancy and is currently the
KPMG Peat Marwick Emeritus Professor of Accounting at Northern Illinois University. He has public accounting experience
with Price Waterhouse & Co. (San Francisco and Chicago) and Arthur Andersen & Co. (Chicago) and research
experience with the research Division of the American Institute of Certified Public Accountants (New York). He
has done postdoctorate work as a Visiting Scholar at he University of California at Berkeley and is a recipient
of NIU's Teaching Excellence Award and four Golden Apple Teaching Awards. Professor Kieso is the author of other
accounting and business books and is a member of the American Accounting Association, the American Institute of
certified Public Accountants, and the Illinois CPA Society. He has served as a member of the Board of Directors
of the Illinois CPA Society, the AACSB's Accounting Accreditation Committees, the State of Illinois Comptroller's
Commission, as Secretary-Treasure of the Federation of Schools of Accountancy, and as Secretary-Treasurer of the
American Accounting Association. Professor Kieso served as a charter member of the national Accounting Education
Change Commission. He is the recipient of the Outstanding Accounting Educator Award from the Illinois CPA Society,
the FSA's Joseph A. Silvoso Award of Merit, and the NIU Foundation's Humanitarian Award for Service to Higher Education.
Jerry J. Weygandt, Ph.D., C.P.A, is Arthur Andersen Alumni Professor of Accounting at the University of Wisconsin-Madison.
He Holds a Ph.D. in accounting from the University of Illinois. Articles by Professor Weygandt have appeared in
the Accounting Review, Journal of Accounting research, Accounting Horizons, Journal of Accountancy, and other
academic and professional journals. These articles have examined such financial reporting issues as accounting
for price-level adjustments, pensions, convertible securities, stock option contracts, and interim reports. Professor
Weygandt is author of other accounting and financial reporting books and is a member of the American Accounting
Association, the American Institute of Certified Public Accountants. 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. In addition, he has been actively
involved with the American Institute of certified Public Accountants and has been a member of the Accounting Standards
Executive Committee (AcSEC) of that organization. He has served on the FASB task force that examined the reporting
issues related to accounting for income taxes and as a trustee of the Financial Accounting Foundation. Professor
Weygandt has received the Chancellor's Award for Excellence in Teaching and the Beta Gamma Sigma Dean's Teaching
Award. He is on the Board of Directors of M & I Bank of Southern Wisconsin. He is the recipient of the Wisconsin
Institute of CPA's Outstanding Educator's Award and the Lifetime Achievement Award. In 2001 he received the American
Accounting Association's Outstanding Accounting Educator Award.
Terry D. Warfield, Ph.D. is associate professor of accounting at the University of Wisconsin-Madison. He received
a B.S. and M.B.A from Indiana University and a Ph.D. in accounting from the University of Iowa. Professor Warfield's
area of expertise is financial reporting, and prior to his academic career, he worked for five years in the banking
industry. He served as the Academic Accounting Fellow in the Office of the Chief Accountant at the U.S. Securities
and Exchange commission in Washington, D.C. from 1995-1996). Professor Warfield's primary research interests concern
financial accounting standards and disclosure policies. He has published scholarly articles in the Accounting Review,
Journal of Accounting and Economics, Research in Accounting Regulation, and Accounting Horizons, and he has served
on the editorial boards of the Accounting Review, Accounting Horizons, and Issues in Accenting Education. He has
served as president of the Financial Accounting and Reporting Section, the Financial Accounting Standards Committee
of the American Accounting Association (Chair 1995-1996), and on the AAA-FASB Research Conference Committee. Professor
Warfield has received teaching awards at both the University of Iowa and the University of Wisconsin, and he was
named to the teaching Academy at the University of Wisconsin in 1995. Professor Warfield has developed and published
several case studies based on his research for use in accounting classes. Theses cases have been selected for the
AICPA Professor-Practitioner Case Development Program and have been published in Issues in Accounting Education.
Summary
The bestselling book on intermediate accounting, Kieso is an excellent reference for practicing accountants and an invaluable resource for anyone entering the field. They'll learn how to leverage everyday accounting programs like Excel, GLS, and other computerized accounting software giving them a strong background in the tools needed in the accounting profession. Intermediate Accounting 14 th Edition is the market leader in providing the tools needed to understand what GAAP is and how it is applied in practice. Through many editions, this textbook has continued to reflect the constant changes taking place in the GAAP environment. This edition continues this tradition, which has become even more significant as the financial reporting environment is exploding with major change. There are three areas of major importance that are now incorporated extensively into the text: New way of looking at GAAP, Convergence of U.S. GAAP and IFRS, and Fair Value Movement. The core of Kieso's value statement continues to be authoritativeness and preparation for the profession (CPA exam).
Table of Contents
Table of Contents
Chapter 15: Stockholders' Equity.
Chapter 16: Dilutive Securities and Earnings Per Share.
Chapter 17: Investments.
Chapter 18: Revenue Recognition.
Chapter 19: Accounting for Income Taxes.
Chapter 20: Accounting for Pensions and Postretirement Benefits.
Chapter 21: Accounting for Leases.
Chapter 22: Accounting Changes and Error Analysis.
Chapter 23: Statement of Cash Flows.
Chapter 24: Full Disclosure in Financial Reporting.