Intermediate Accounting, Volume 1

Intermediate Accounting continues to be the gold standard when it comes to helping students connect the what, how, and why of accounting. With strategic content updates for currency and the inclusion of topics that will resonate with today's students, the 14th Canadian Edition presents an active, hands-on approach designed to develop problem solving skills and better prepare the next generation of accounting professionals. To promote a deeper understanding of course concepts, the text provides students with scaffolded, high-quality assessments and integrated practice opportunities at the point of learning. Integrated Cases and Research and Analysis questions help students take their understanding further as well, teaching them how to analyze business transactions, apply IFRS and ASPE, and explore the ways in which accounting standards impact real companies. Throughout the text, students will also have the chance to work through a variety of hands-on activities and resources, including Analytics in Action Features with real world applications and Data Analytics problems. These applications help students build confidence in their critical thinking skills, while simultaneously preparing them for the ever-evolving landscape of the accounting industry.

VOLUME ONE PREFACE viii 1 The Canadian Financial Reporting Environment 1-1 2 Conceptual Framework Underlying Financial Reporting 2-1 3 Data, Decisions, and Measurement 3-1 4 Reporting Financial Performance 4-1 5 Financial Position and Cash Flows 5-1 6 Revenue Recognition 6-1 7 Cash and Receivables 7-1 8 Inventory 8-1 9 Investments 9-1 10 Property, Plant, and Equipment: Accounting Model Basics 10-1 11 Depreciation, Impairment, and Disposition 11-1 12 Intangible Assets and Goodwill 12-1 APPENDIX A Time Value of Money Tables AP-1 APPENDIX B A Summary of the Case Primer AP-6 Online content only. APPENDIX C The Accounting Information System C-1 APPENDIX D Specimen Financial Statements D-1 APPENDIX E Coverage of the CPA Competency Map Knowledge Supplement E-1 GLOSSARY G-1 COMPANY INDEX I-1 SUBJECT INDEX I-3 VOLUME TWO 13 Non-Financial and Current Liabilities 13-1 14 Long-Term Financial Liabilities 14-1 15 Shareholders' Equity 15-1 16 Complex Financial Instruments 16-1 17 Earnings per Share 17-1 18 Income Taxes 18-1 19 Pensions and Other Post-Employment Benefits 19-1 20 Leases 20-1 21 Accounting Changes and Error Analysis 21-1 22 Statement of Cash lows 22-1 23 Other Measurement and Disclosure Issues 23-1 APPENDIX A Time Value of Money Tables AP-1 APPENDIX B A Summary of the Case Primer AP-6 Online content only. APPENDIX C The Accounting Information System C-1 APPENDIX D Sustainability Reporting D-1 APPENDIX E Coverage of the CPA Competency Map Knowledge Supplement E-1 GLOSSARY G-1 COMPANY INDEX I-1 SUBJECT INDEX I-5