Solutions manual for Intermediate Accounting, Volume 1, 12th Canadian Edition by Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield, Irene M. Wiecek, and Bruce J. McConomy
$23.00
Secure checkout
Instant digital download
PDF document
Document details
- Pages
- 1,793
- File size
- 10.1 MB
- Format
- Digital PDF
- Course
- Accounting
- Category
- SOLUTIONS MANUAL
Sign in or create a free account to continue. Your purchase will be saved in My Downloads.
About this ebook
Solutions manual for Intermediate Accounting, Volume 1, 12th Canadian Edition by Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield, Irene M. Wiecek, and Bruce J. McConomy covers the core conceptual frameworks and foundational asset-side topics of financial reporting. The textbook balances International Financial Reporting Standards (IFRS) and Accounting Standards for Private Enterprises (ASPE) within the Canadian corporate landscape. [1, 2, 3, 4]
Conceptual Foundations & Reporting Environment
- The Canadian Financial Reporting Environment: An overview of the role of financial reporting, standard-setting bodies (like CPA Canada and the IASB), and the transition to global standards. [1, 2, 3, 4, 5]
- Conceptual Framework Underlying Financial Reporting: Objective of financial reporting, qualitative characteristics of useful information, elements of financial statements, and foundational constraints. [1, 2]
- Measurement: Recognition, measurement criteria (historical cost, fair value), and the evaluation of economic transactions. [1, 2, 3]
Financial Statements & Performance
- Reporting Financial Performance: Structure of the Statement of Comprehensive Income, Income Statement, and Statement of Changes in Equity, focusing on discontinued operations and comprehensive income. [1, 2]
- Financial Position and Cash Flows: Content and format of the Statement of Financial Position (Balance Sheet) and an introduction to the Statement of Cash Flows. [1, 2, 3]
- Revenue Recognition: Detailed exploration of the 5-step revenue recognition model under IFRS 15 and the earnings approach under ASPE. [1, 2]
Asset Management & Accounting
- Cash and Receivables: Internal controls over cash, valuation, and accounting for accounts and notes receivable, including impairment of receivables.
- Inventory: Valuation methods (FIFO, weighted average), cost flow assumptions, and estimating techniques like lower-of-cost-and-net-realizable-value (LCNRV).
- Investments: Basic accounting for debt and equity investments, including amortized cost, fair value through profit or loss (FVTPL), and fair value through other comprehensive income (FVTOCI).
- Property, Plant, and Equipment (PPE): Accounting Model Basics: Acquisition costs, borrowing costs, land, and asset retirement obligations.
- Depreciation, Impairment, and Disposition: Methods of depreciation, testing for asset impairment, revaluation models under IFRS, and accounting for the sale or disposal of capital assets.
- Intangible Assets and Goodwill: Recognition and measurement of research and development (R&D) costs, limited-life vs. indefinite-life intangibles, and goodwill impairment testing. [1, 2, 3, 4, 5]
Skills and Technical Integration
File included
Solution-manual-for-Intermediate-Accounting-Volume-1-12th-Canadian-Edition-by-Donald-E.-Kieso.pdf
10.1 MB
Related ebooks
