5
SOLUTION MANUAL
Intermediate Accounting, 18th Edition
by Kieso, Warfield Chapter 1 - 23 Complete
,Table of Contents
5 5
15The5Environment5and5Conceptual5Framework5of5Financial5Reporting
25The5Accounting5Information5System
35Income5Statement,5Related5Information,5and5Revenue5Recognition
45Balance5Sheet5and5Statement5of5Cash5Flows
55Accounting5and5the5Time5Value5of5Money
65Cash5and5Receivables
75Valuation5of5Inventories:5A5Cost-Basis5Approach
85Inventories:5Additional5Valuation5Issues
95Acquisition5and5Disposition5of5Property,5Plant,5and5Equipment
105Depreciation,5Impairments,5and5Depletion
115Intangible5Assets
125Current5Liabilities5and5Contingencies
135Long-Term5Liabilities
145Stockholders’5Equity
155Dilutive5Securities5and5Earnings5per5Share
165Investments
175Revenue5Recognition
185Accounting5for5Income5Taxes
195Accounting5for5Pensions5and5Postretirement5Benefits
205Accounting5for5Leases
215Accounting5Changes5and5Error5Analysis
225Statement5of5Cash5Flows
235Full5Disclosure5in5Financial5Reporting5
, Chapter 1 5
Financial Accounting and Accounting Standards
5 5 5 5
Assignment Classification Table (By Topic)
5 5 5 5
Topics Questions Brief Exercises Critical
Exercises Thinking
1. Environment5 of 1,2, 53,4 1 1 1
accounting,5principles,
objectives,5 standards,
accountingtheory.
2. Authoritative 5,6, 57,8 2 2 2
pronouncements5and
rule-making5bodies.
3. Conceptual5 framework- 9,5 10 3 3,4
general,5 objective5 of
financial5reporting.
4. Qualitative5characteristics5of5 11,12,513,514,5 3,4, 55, 56, 57 4,5,6 5,5 10
accounting. 15,516,17
5. Elements5of 18,519 8,5 9 7
financial
statements.
6. Basic5assumptions5and 20,521,5 22,523, 10,511,512,5 4,5 8,59,5 10, 6,5 7,58,5 9,5 11
principles. 24,525,5 26,5 27, 13,5145 11,512
2 8,5 29,5 30,31
7. Cost5 constraint. 32,33,34
8. Role5of5pressure5groups. 35,536 12,514,5 15,5 16,
17
9. Ethical5issues. 37,538,39,40 13
Copyright5©520225WILEY Kieso,5Intermediate5Accounting,518/e,5Solutions5Manual (For5 Instructor5Use5Only) 5-1-1
,5
Assignment Classification Table (By Learning Objective)
5 5 5 5 5
Learning5Objectives Questions Brief Exercises5 Critical
Exercises Thinking
1. Describe5the5financial5reporting 1,52,53,54, 1,52 1,52 1
environment,5major5 standard- 5,56,57,58
setting5bodies,5and5the5meaning
of5generally5accepted5accounting
principles(GAAP).
2. Describe5the5 components 5 and 9,5 10,5 11,512, 3,55,56, 3,54,5 5,56,575 2,3,4,55,
usefulness5 of5 the5conceptual 13,5 14,515,5 16, 7,58,9 10
framework. 17,518,519
3. Discuss5the5basic5assumptions 20,5 21,5 22,523, 4,5 10,5 11, 8,59,5 10,511,5 6,5 7,5 8,5 9,
and5 principles5 of5 accounting. 24,5 25,526,5 27, 12,513,5145 12 11,512
2 8,5 29,531,
3 2,533,534
4. Identify5the5major5challenges5 in 30,535,5 36,5 37, 2 11,513,5 14,
the5financial5 reporting 38,539,40 15,516
environment.
Assignment Characteristics Table (Time on Task)
5 5 5 5 5
Item Description Level5 of Time
Difficulty (minutes)
E1.1 Need5for5 GAAP. Simple 15-20
E1.2 Financial5 reporting5 and5 accounting5 standards. Simple 15-20
E1.3 Usefulness,5 objective5 of5 financial5 reporting. Simple 15-20
E1.4 Usefulness,5 objective5 of5 financial5 reporting, Simple 15-20
qualitative5characteristics.
E1.5 Qualitative5 characteristics. Moderate 20-30
E1.6 Qualitative5 characteristics. Simple 15-20
E1.7 Elements5 of5 financial5 statements. Simple 15-20
E1.8 Assumptions,5principles,5 and5 constraint. Simple 15-20
E1.9 Assumptions,5principles,5 and5 constraint. Moderate 20-25
E1.10 Full5disclosure5 principle. Complex 20-25
E1.11 Accounting5principles5 and5 assumptions- Moderate 20-25
E1.12 Accounting5principles-comprehensive. Moderate 20-25
CT1.1 Securities5 and5 Exchange5 Commission. Moderate 30-40
CT1.2 Conceptual5framework-general. Simple 20-25
CT1.3 Conceptual5framework-general. Simple 25-35
CT1.4 Objective5 of5 financial5 reporting. Moderate 25-35
CT1.5 Qualitative5 characteristics. Moderate 30-35
5-1-2 Copyright5©520225WILEY Kieso,5Intermediate5Accounting,518/e,5Solutions5Manual (For5 Instructor5Use5Only)
