v
SOLUTION MANUAL
Intermediate Accounting, 18th Edition
by Kieso, Warfield Chapter 1 - 23 Complete
,Table of Contents
v v
1vThevEnvironmentvandvConceptualvFrameworkvofvFinancialvReporting
2vThevAccountingvInformationvSystem
3vIncomevStatement,vRelatedvInformation,vandvRevenuevRecognition
4vBalancevSheetvandvStatementvofvCashvFlows
5vAccountingvandvthevTimevValuevofvMoney
6vCashvandvReceivables
7vValuationvofvInventories:vAvCost-BasisvApproach
8vInventories:vAdditionalvValuationvIssues
9vAcquisitionvandvDispositionvofvProperty,vPlant,vandvEquipment
10vDepreciation,vImpairments,vandvDepletion
11vIntangiblevAssets
12vCurrentvLiabilitiesvandvContingencies
13vLong-TermvLiabilities
14vStockholders’vEquity
15vDilutivevSecuritiesvandvEarningsvpervShare
16vInvestments
17vRevenuevRecognition
18vAccountingvforvIncomevTaxes
19vAccountingvforvPensionsvandvPostretirementvBenefits
20vAccountingvforvLeases
21vAccountingvChangesvandvErrorvAnalysis
22vStatementvofvCashvFlows
23vFullvDisclosurevinvFinancialvReportingv
, Chapter 1 v
Financial Accounting and Accounting Standards
v v v v
Assignment Classification Table (By Topic)
v v v v
Topics Questions Brief Exercises Critical
Exercises Thinking
1. Environmentv of 1,2, v3,4 1 1 1
accounting,vprinciples,
objectives,v standards,
accountingtheory.
2. Authoritative 5,6, v7,8 2 2 2
pronouncementsvand
rule-makingvbodies.
3. Conceptualv framework- 9,v 10 3 3,4
general,v objectivev of
financialvreporting.
4. Qualitativevcharacteristicsvofv 11,12,v13,v14,v 3,4, v5, v6, v7 4,5,6 5,v 10
accounting. 15,v16,17
5. Elementsvof 18,v19 8,v 9 7
financial
statements.
6. Basicvassumptionsvand 20,v21,v 22,v23, 10,v11,v12,v 4,v 8,v9,v 10, 6,v 7,v8,v 9,v 11
principles. 24,v25,v 26,v 27, 13,v14v 11,v12
2 8,v 29,v 30,31
7. Costv constraint. 32,33,34
8. Rolevofvpressurevgroups. 35,v36 12,v14,v 15,v 16,
17
9. Ethicalvissues. 37,v38,39,40 13
Copyrightv©v2022vWILEY Kieso,vIntermediatevAccounting,v18/e,vSolutionsvManual (ForvInstructorvUsevOnly) 5-1-1
,v
Assignment Classification Table (By Learning Objective)
v v v v v
LearningvObjectives Questions Brief Exercisesv Critical
Exercises Thinking
1. Describevthevfinancialvreporting 1,v2,v3,v4, 1,v2 1,v2 1
environment,vmajorv standard- 5,v6,v7,v8
settingvbodies,vandvthevmeaning
ofvgenerallyvacceptedvaccounting
principles(GAAP).
2. Describevthev components vand 9,v 10,v 11,v12, 3,v5,v6, 3,v4,v 5,v6,v 7v 2,3,4,v5,
usefulnessv ofv thevconceptual 13,v 14,v15,v 16, 7,v8,9 10
framework. 17,v18,v19
3. Discussvthevbasicvassumptions 20,v 21,v 22,v23, 4,v 10,v 11, 8,v9,v 10,v11,v 6,v 7,v 8,v 9,
andv principlesv ofv accounting. 24,v 25,v26,v 27, 12,v13,v14v 12 11,v12
2 8,v 29,v31,
3 2,v33,v34
4. Identifyvthevmajorvchallengesv in 30,v35,v 36,v 37, 2 11,v13,v 14,
thevfinancialv reporting 38,v39,40 15,v16
environment.
Assignment Characteristics Table (Time on Task)
v v v v v
Item Description Levelv of Time
Difficulty (minutes)
E1.1 Needvforv GAAP. Simple 15-20
E1.2 Financialv reportingv andv accountingv standards. Simple 15-20
E1.3 Usefulness,v objectivev ofv financialv reporting. Simple 15-20
E1.4 Usefulness,v objectivev ofv financialv reporting, Simple 15-20
qualitativevcharacteristics.
E1.5 Qualitativev characteristics. Moderate 20-30
E1.6 Qualitativev characteristics. Simple 15-20
E1.7 Elementsv ofv financialv statements. Simple 15-20
E1.8 Assumptions,vprinciples,v andv constraint. Simple 15-20
E1.9 Assumptions,vprinciples,v andv constraint. Moderate 20-25
E1.10 Fullvdisclosurev principle. Complex 20-25
E1.11 Accountingvprinciplesv andv assumptions- Moderate 20-25
E1.12 Accountingvprinciples-comprehensive. Moderate 20-25
CT1.1 Securitiesv andv Exchangev Commission. Moderate 30-40
CT1.2 Conceptualvframework-general. Simple 20-25
CT1.3 Conceptualvframework-general. Simple 25-35
CT1.4 Objectivev ofv financialv reporting. Moderate 25-35
CT1.5 Qualitativev characteristics. Moderate 30-35
5-1-2 Copyrightv©v2022 vWILEY Kieso,vIntermediatevAccounting,v18/e,vSolutionsvManual (ForvInstructorvUsevOnly)
