q
SOLUTION MANUAL
Intermediate Accounting, 18th Edition
by Kieso, Warfield Chapter 1 - 23 Complete
,Table of Contents
q q
1qTheqEnvironmentqandqConceptualqFrameworkqofqFinancialqReporting
2qTheqAccountingqInformationqSystem
3qIncomeqStatement,qRelatedqInformation,qandqRevenueqRecognition
4qBalanceqSheetqandqStatementqofqCashqFlows
5qAccountingqandqtheqTimeqValueqofqMoney
6qCashqandqReceivables
7qValuationqofqInventories:qAqCost-BasisqApproach
8qInventories:qAdditionalqValuationqIssues
9qAcquisitionqandqDispositionqofqProperty,qPlant,qandqEquipment
10qDepreciation,qImpairments,qandqDepletion
11qIntangibleqAssets
12qCurrentqLiabilitiesqandqContingencies
13qLong-TermqLiabilities
14qStockholders’qEquity
15qDilutiveqSecuritiesqandqEarningsqperqShare
16qInvestments
17qRevenueqRecognition
18qAccountingqforqIncomeqTaxes
19qAccountingqforqPensionsqandqPostretirementqBenefits
20qAccountingqforqLeases
21qAccountingqChangesqandqErrorqAnalysis
22qStatementqofqCashqFlows
23qFullqDisclosureqinqFinancialqReportingq
, Chapter 1 q
Financial Accounting and Accounting Standards
q q q q
Assignment Classification Table (By Topic)
q q q q
Topics Questions Brief Exercises Critical
Exercises Thinking
1. Environmentq of 1,2, q3,4 1 1 1
accounting,qprinciples,
objectives,q standards,
accountingtheory.
2. Authoritative 5,6, q7,8 2 2 2
pronouncementsqand
rule-makingqbodies.
3. Conceptualq framework- 9,q 10 3 3,4
general,q objectiveq of
financialqreporting.
4. Qualitativeqcharacteristicsqofq 11,12,q13,q14,q 3,4, q5, q6, q7 4,5,6 5,q 10
accounting. 15,q16,17
5. Elementsqof 18,q19 8,q 9 7
financial
statements.
6. Basicqassumptionsqand 20,q21,q 22,q23, 10,q11,q12,q 4,q 8,q9,q 10, 6,q 7,q8,q 9,q 11
principles. 24,q25,q 26,q 27, 13,q14q 11,q12
2 8,q 29,q 30,31
7. Costq constraint. 32,33,34
8. Roleqofqpressureqgroups. 35,q36 12,q14,q 15,q 16,
17
9. Ethicalqissues. 37,q38,39,40 13
Copyrightq©q2022qWILEY Kieso,qIntermediateqAccounting,q18/e,qSolutionsqManual (Forq InstructorqUseqOnly) 5-1-1
,q
Assignment Classification Table (By Learning Objective)
q q q q q
LearningqObjectives Questions Brief Exercisesq Critical
Exercises Thinking
1. Describeqtheqfinancialqreporting 1,q2,q3,q4, 1,q2 1,q2 1
environment,qmajorq standard- 5,q6,q7,q8
settingqbodies,qandqtheqmeaning
ofqgenerallyqacceptedqaccounting
principles(GAAP).
2. Describeqtheq components q and 9,q 10,q 11,q12, 3,q5,q6, 3,q4,q 5,q6,q 7q 2,3,4,q5,
usefulnessq ofq theqconceptual 13,q 14,q15,q 16, 7,q8,9 10
framework. 17,q18,q19
3. Discussqtheqbasicqassumptions 20,q 21,q 22,q23, 4,q 10,q 11, 8,q9,q 10,q11,q 6,q 7,q 8,q 9,
andq principlesq ofq accounting. 24,q 25,q26,q 27, 12,q13,q14q 12 11,q12
2 8,q 29,q31,
3 2,q33,q34
4. Identifyqtheqmajorqchallengesq in 30,q35,q 36,q 37, 2 11,q13,q 14,
theqfinancialq reporting 38,q39,40 15,q16
environment.
Assignment Characteristics Table (Time on Task)
q q q q q
Item Description Levelq of Time
Difficulty (minutes)
E1.1 Needqforq GAAP. Simple 15-20
E1.2 Financialq reportingq andq accountingq standards. Simple 15-20
E1.3 Usefulness,q objectiveq ofq financialq reporting. Simple 15-20
E1.4 Usefulness,q objectiveq ofq financialq reporting, Simple 15-20
qualitativeqcharacteristics.
E1.5 Qualitativeq characteristics. Moderate 20-30
E1.6 Qualitativeq characteristics. Simple 15-20
E1.7 Elementsq ofq financialq statements. Simple 15-20
E1.8 Assumptions,qprinciples,q andq constraint. Simple 15-20
E1.9 Assumptions,qprinciples,q andq constraint. Moderate 20-25
E1.10 Fullqdisclosureq principle. Complex 20-25
E1.11 Accountingqprinciplesq andq assumptions- Moderate 20-25
E1.12 Accountingqprinciples-comprehensive. Moderate 20-25
CT1.1 Securitiesq andq Exchangeq Commission. Moderate 30-40
CT1.2 Conceptualqframework-general. Simple 20-25
CT1.3 Conceptualqframework-general. Simple 25-35
CT1.4 Objectiveq ofq financialq reporting. Moderate 25-35
CT1.5 Qualitativeq characteristics. Moderate 30-35
5-1-2 Copyrightq©q2022 qWILEY Kieso,qIntermediateqAccounting,q18/e,qSolutionsqManual (Forq InstructorqUseqOnly)
