Intermediate Accounting will help you develop the judgment and decision-making skills needed to evaluate company financials and pass the CPA exam. Instead of memorizing rules, you'll build a deep conceptual understanding of financial reporting and the ability to interpret and apply changing standards. Real financial statements from well-known companies will give you rich insight into real applications of accounting concepts.

The 4th Edition incorporates the latest accounting standards and regulations, with side-by-side comparisons of GAAP and IFRS standards. By reprioritizing topical coverage, the authors respond to changes in the business world and in accounting literature, while addressing subjects not typically found in comparable texts.