The Spiceland/Nelson/Thomas author team has created the new standard in Intermediate Accounting by providing students the most accessible, comprehensive, and current Intermediate Accounting learning system. The rigorous yet readable approach has won over instructors across the country while the coherent, consistent voice of this highly dedicated, deeply engaged author team has significantly improved student understanding. The Spiceland team is committed to providing current, comprehensive, and clear coverage of Intermediate Accounting, and the tenth edition continues to leverage Connect as the premier digital teaching and learning tool on the market.
Spiceland/Nelson/Thomas's Intermediate Accounting excels in fully preparing students for the CPA exam and their future careers through the materials highly acclaimed conversational writing style, carefully tuned pedagogy, and wealth of online tools. The authors help students develop a better understanding of both theoretical and practical concepts, guiding them to a more complete mastery of accounting principles.
The new tenth edition has produced the most cleanly streamlined, thoroughly market-tested, and fully integrated coverage for the latest GAAP and Accounting Standards Updates, as well as tax reforms from the 2017 Tax Cuts and Jobs Act, including:
After going through the entire book, (I've been using it since Spring 2014, because I took Intermediate Accounting I in community college (wanted to be able to graduate earlier than 2016), found out it didn't transfer to the university I was transferring into, so had to take IA I again in the Fall 2014, then I transferred to a different university in Spring 2015, they weren't offering IA II in Spring 2015... and I took a break from some accounting classes when I transferred BACK to the old university. Finally I took IA II in Spring 2016 and finished with this book.) I changed my review on this and this textbook isn't bad.
Bare in mind, I have used three editions of the book due to my weird time gaps. 6th, 7th, and 8th edition. Some of the problems in the other editions are removed in later editions, or are rearranged in another edition. However this does not occur often. There are however, updates, as changes in the accounting world do occur quite often, especially now that IFRS is becoming more important in US classrooms. But mostly, you can always get away with using slightly older editions anyways.
It is a keeper and I'll be using it for the future; you don't need to be a CPA to use this after college. It is a lot to go through, and the second part (from chapter 12 and on wards) is densely packed with complex concepts. It is a doozy to learn one chapter a week or so, with hours of accounting homework. You need to read the chapters more than once. Remember, if your professors aren't very good teachers, get the solution manual so you can practice the problems and learn through the problems, because reading is not enough. Don't copy the answers, but use the solution manual as a tool to learn better ways of doing the problems.
As well, using other accounting textbooks is a good idea; you will see how the problems presented in those books are solved. Different methods that lead to the same result.
I tried reading this book for my class and actually read about 5 chapters of it, but it's hard to understand and apply the concepts. The examples are useful but I say don't bother reading the chapters. Just listen to your professor's lecture and it will be enough. It took too much time when I tried to read a chapter - around 2-3 hours for only 1 chapter. I didn't find that reading it helped me much with the homework problems. It's better to just scan the definitions and go to the homework problems immediately.
GRRR! First I have to pay over $100 for this book and then they issue a new edition! Now it's only worth $8. College books need to be more reasonably priced or issued as ebooks. To be fair I am glad that I can keep it as a reference for later. I have since stripped it off its binding and 3-hole punched it so I only have to carry the chapter I need for class.
Excellent intermediate text! Thorough with a lot of exercises. Check figures, excel spreadsheet templates and additional problem sets on the book website. I'm not selling mine back to the bookstore!
This book is really straightforward and easy to understand with good problem sets. The Connect Accounting problems are helpful, though unfortunately are repeats of the ones in the book.
The information was concisely presented with easy to follow examples. For anyone who is looking to dip their toe in accounting, I would suggest this book!
Are you looking for a paperweight? Something to add weight to your car so it will be easier to manoever on ice? Perhaps you are seeking something to assist you in making panini and you don't have a proper flattening device and are fresh out of bricks. If any of the above are the case, this is the book for you! Weighing in at just a whisker less than an entire fully grown housecat, here is Intermediate Accounting![return][return]The text itself is printed with a bit much contrast, so if you have a learning disorder, use a colored filter of some sort. The pages are super glossy. The information is useful and is presented, for the most part, in a most logical manner. Unfortunately, it's mindnumbingly dull. At least the Enron scandal has caused accounting books to add stuff on ethical scenarios that will help break the mindnumbing boredom. Be sure to read this book straight after taking a lower level accounting class. If you read it more than 3 years after your last accounting class, you're going to wonder how they figure out what goes on a balance sheet and how an insurance payment is supposed to balance out on the asset side of things until you finally give up and use the book as a panini press on your stove, narrowly avoiding a kitchen fire.