Intermediate Accounting
18th Edition
ST
SOLUTIONS
UV
IA
MANUAL
_A
PP
Donald E. Kieso
RO
Jerry J. Weygandt
Terry D. Warfield
────────────────────────────────────────────────────
VE
Comprehensive Solutions Manual for Instructors
and Students
D?
© Donald E. Kieso, Jerry J. Weygandt & Terry D. Warfield. All rights reserved.
Reproduction or distribution without permission is prohibited.
?
© Successhands
, Solutions Manual for Intermediate Accounting (18th Edition)
Donald E. Kieso, Jerry J. Weygandt & Terry D. Warfield
ISBN: 9781119790976
ST
UNIT 1: FINANCIAL REPORTING FRAMEWORK AND INFORMATION
SYSTEMS
1. Financial Accounting and Accounting Standards
2. The Accounting Information System
UV
UNIT 2: FINANCIAL STATEMENTS AND MEASUREMENT CONCEPTS
3. Income Statement and Related Information
4. Balance Sheet and Statement of Cash Flows
5. Accounting and the Time Value of Money
IA
UNIT 3: CURRENT ASSETS AND INVENTORIES
6. Cash and Receivables
7. Valuation of Inventories: A Cost-Basis Approach
_A
8. Inventories: Additional Valuation Issues
UNIT 4: LONG-LIVED ASSETS
9. Acquisition and Disposition of Property, Plant, and Equipment
10. Depreciation, Impairments, and Depletion
PP
11. Intangible Assets
UNIT 5: LIABILITIES
12. Current Liabilities and Contingencies
13. Long-Term Liabilities
RO
UNIT 6: EQUITY, DILUTIVE SECURITIES, AND INVESTMENTS
14. Stockholders’ Equity
15. Dilutive Securities and Earnings Per Share
16. Investments
VE
UNIT 7: REVENUE, TAXES, AND EMPLOYEE BENEFITS
17. Revenue Recognition
18. Accounting for Income Taxes
19. Accounting for Pensions and Postretirement Benefits
D?
UNIT 8: LEASES, ACCOUNTING CHANGES, AND DISCLOSURE
20. Accounting for Leases
21. Accounting Changes and Error Analysis
?
22. Statement of Cash Flows
23. Full Disclosure in Financial Reporting
© Successhands
, Complete
Solution Manual and Instructor Resource for
Intermediate Accounting, 18th Edition 18th Edition, by
Donald E. Kieso, Jerry J. Weygandt and Terry D.
SMT
Warfield. ISBN-13 978-1119790976
Chapter 1
UEDV
Financial Accounting and Accounting Standards
Assignment Classification Table (By Topic)
ICAO
Topics Questions Brief Exercises Critical
_NA
Exercises Thinking
1. Environment of 1,2, 3,4 1 1 1
accounting, principles,
objectives, standards,
accounting theory.
PNPO
2. Authoritative 5,6, 7,8 2 2 2
pronouncements and
rule-making bodies.
3. Conceptual framework- 9, 10 3 3,4
RISO
general, objective of
financial reporting.
4. Qualitative characteristics of 11,12, 13, 14, 3,4, 5, 6, 7 4,5,6 5, 10
accounting. 15, 16,17
5. Elements of 18, 19 8, 9 7
SVE
financial
statements.
6. Basic assumptions and 20, 21, 22, 23, 10, 11, 12, 4, 8, 9, 10, 6, 7, 8, 9, 11
EDU
principles. 24, 25, 26, 27, 13, 14 11, 12
28, 29, 30,31
7. Cost constraint. 32,33,34
8. Role of pressure groups. 35, 36 12, 14, 15, 16,
17
9. Ethical issues. 37, 38,39,40 13
?R?
Copyright © 2022 WILEY Kieso, Intermediate Accounting, 18/e, Solutions Manual (For Instructor Use Only) 5-1-1
, Assignment Classification Table (By Learning Objective)
Learning Objectives Questions Brief Exercises Critical
Exercises Thinking
1. Describe the financial reporting 1, 2, 3, 4, 1, 2 1, 2 1
SMT
environment, major standard- 5, 6, 7, 8
setting bodies, and the meaning
of generally accepted accounting
principles (GAAP).
UEDV
2. Describe the components and 9, 10, 11, 12, 3, 5, 6, 3, 4, 5, 6, 7 2,3,4, 5,
usefulness of the conceptual 13, 14, 15, 16, 7, 8,9 10
framework. 17, 18, 19
3. Discuss the basic assumptions 20, 21, 22, 23, 4, 10, 11, 8, 9, 10, 11, 6, 7, 8, 9,
and principles of accounting. 24, 25, 26, 27, 12, 13, 14 12 11, 12
28, 29, 31,
ICAO
32, 33, 34
4. Identify the major challenges in 30, 35, 36, 37, 2 11, 13, 14,
the financial reporting 38, 39,40 15, 16
environment.
_NA
Assignment Characteristics Table (Time on Task)
PNPO
Item Description Level of Time
Difficulty (minutes)
E1.1 Need for GAAP. Simple 15-20
E1.2 Financial reporting and accounting standards. Simple 15-20
RISO
E1.3 Usefulness, objective of financial reporting. Simple 15-20
E1.4 Usefulness, objective of financial reporting, Simple 15-20
qualitative characteristics.
E1.5 Qualitative characteristics. Moderate 20-30
E1.6 Qualitative characteristics. Simple 15-20
SVE
E1.7 Elements of financial statements. Simple 15-20
E1.8 Assumptions, principles, and constraint. Simple 15-20
E1.9 Assumptions, principles, and constraint. Moderate 20-25
EDU
E1.10 Full disclosure principle. Complex 20-25
E1.11 Accounting principles and assumptions- Moderate 20-25
E1.12 comprehensive.
Accounting principles-comprehensive. Moderate 20-25
CT1.1 Securities and Exchange Commission. Moderate 30-40
?R?
CT1.2 Conceptual framework-general. Simple 20-25
CT1.3 Conceptual framework-general. Simple 25-35
CT1.4 Objective of financial reporting. Moderate 25-35
CT1.5 Qualitative characteristics. Moderate 30-35
5-1-2 Copyright © 2022 WILEY Kieso, Intermediate Accounting, 18/e, Solutions Manual (For Instructor Use Only)
18th Edition
ST
SOLUTIONS
UV
IA
MANUAL
_A
PP
Donald E. Kieso
RO
Jerry J. Weygandt
Terry D. Warfield
────────────────────────────────────────────────────
VE
Comprehensive Solutions Manual for Instructors
and Students
D?
© Donald E. Kieso, Jerry J. Weygandt & Terry D. Warfield. All rights reserved.
Reproduction or distribution without permission is prohibited.
?
© Successhands
, Solutions Manual for Intermediate Accounting (18th Edition)
Donald E. Kieso, Jerry J. Weygandt & Terry D. Warfield
ISBN: 9781119790976
ST
UNIT 1: FINANCIAL REPORTING FRAMEWORK AND INFORMATION
SYSTEMS
1. Financial Accounting and Accounting Standards
2. The Accounting Information System
UV
UNIT 2: FINANCIAL STATEMENTS AND MEASUREMENT CONCEPTS
3. Income Statement and Related Information
4. Balance Sheet and Statement of Cash Flows
5. Accounting and the Time Value of Money
IA
UNIT 3: CURRENT ASSETS AND INVENTORIES
6. Cash and Receivables
7. Valuation of Inventories: A Cost-Basis Approach
_A
8. Inventories: Additional Valuation Issues
UNIT 4: LONG-LIVED ASSETS
9. Acquisition and Disposition of Property, Plant, and Equipment
10. Depreciation, Impairments, and Depletion
PP
11. Intangible Assets
UNIT 5: LIABILITIES
12. Current Liabilities and Contingencies
13. Long-Term Liabilities
RO
UNIT 6: EQUITY, DILUTIVE SECURITIES, AND INVESTMENTS
14. Stockholders’ Equity
15. Dilutive Securities and Earnings Per Share
16. Investments
VE
UNIT 7: REVENUE, TAXES, AND EMPLOYEE BENEFITS
17. Revenue Recognition
18. Accounting for Income Taxes
19. Accounting for Pensions and Postretirement Benefits
D?
UNIT 8: LEASES, ACCOUNTING CHANGES, AND DISCLOSURE
20. Accounting for Leases
21. Accounting Changes and Error Analysis
?
22. Statement of Cash Flows
23. Full Disclosure in Financial Reporting
© Successhands
, Complete
Solution Manual and Instructor Resource for
Intermediate Accounting, 18th Edition 18th Edition, by
Donald E. Kieso, Jerry J. Weygandt and Terry D.
SMT
Warfield. ISBN-13 978-1119790976
Chapter 1
UEDV
Financial Accounting and Accounting Standards
Assignment Classification Table (By Topic)
ICAO
Topics Questions Brief Exercises Critical
_NA
Exercises Thinking
1. Environment of 1,2, 3,4 1 1 1
accounting, principles,
objectives, standards,
accounting theory.
PNPO
2. Authoritative 5,6, 7,8 2 2 2
pronouncements and
rule-making bodies.
3. Conceptual framework- 9, 10 3 3,4
RISO
general, objective of
financial reporting.
4. Qualitative characteristics of 11,12, 13, 14, 3,4, 5, 6, 7 4,5,6 5, 10
accounting. 15, 16,17
5. Elements of 18, 19 8, 9 7
SVE
financial
statements.
6. Basic assumptions and 20, 21, 22, 23, 10, 11, 12, 4, 8, 9, 10, 6, 7, 8, 9, 11
EDU
principles. 24, 25, 26, 27, 13, 14 11, 12
28, 29, 30,31
7. Cost constraint. 32,33,34
8. Role of pressure groups. 35, 36 12, 14, 15, 16,
17
9. Ethical issues. 37, 38,39,40 13
?R?
Copyright © 2022 WILEY Kieso, Intermediate Accounting, 18/e, Solutions Manual (For Instructor Use Only) 5-1-1
, Assignment Classification Table (By Learning Objective)
Learning Objectives Questions Brief Exercises Critical
Exercises Thinking
1. Describe the financial reporting 1, 2, 3, 4, 1, 2 1, 2 1
SMT
environment, major standard- 5, 6, 7, 8
setting bodies, and the meaning
of generally accepted accounting
principles (GAAP).
UEDV
2. Describe the components and 9, 10, 11, 12, 3, 5, 6, 3, 4, 5, 6, 7 2,3,4, 5,
usefulness of the conceptual 13, 14, 15, 16, 7, 8,9 10
framework. 17, 18, 19
3. Discuss the basic assumptions 20, 21, 22, 23, 4, 10, 11, 8, 9, 10, 11, 6, 7, 8, 9,
and principles of accounting. 24, 25, 26, 27, 12, 13, 14 12 11, 12
28, 29, 31,
ICAO
32, 33, 34
4. Identify the major challenges in 30, 35, 36, 37, 2 11, 13, 14,
the financial reporting 38, 39,40 15, 16
environment.
_NA
Assignment Characteristics Table (Time on Task)
PNPO
Item Description Level of Time
Difficulty (minutes)
E1.1 Need for GAAP. Simple 15-20
E1.2 Financial reporting and accounting standards. Simple 15-20
RISO
E1.3 Usefulness, objective of financial reporting. Simple 15-20
E1.4 Usefulness, objective of financial reporting, Simple 15-20
qualitative characteristics.
E1.5 Qualitative characteristics. Moderate 20-30
E1.6 Qualitative characteristics. Simple 15-20
SVE
E1.7 Elements of financial statements. Simple 15-20
E1.8 Assumptions, principles, and constraint. Simple 15-20
E1.9 Assumptions, principles, and constraint. Moderate 20-25
EDU
E1.10 Full disclosure principle. Complex 20-25
E1.11 Accounting principles and assumptions- Moderate 20-25
E1.12 comprehensive.
Accounting principles-comprehensive. Moderate 20-25
CT1.1 Securities and Exchange Commission. Moderate 30-40
?R?
CT1.2 Conceptual framework-general. Simple 20-25
CT1.3 Conceptual framework-general. Simple 25-35
CT1.4 Objective of financial reporting. Moderate 25-35
CT1.5 Qualitative characteristics. Moderate 30-35
5-1-2 Copyright © 2022 WILEY Kieso, Intermediate Accounting, 18/e, Solutions Manual (For Instructor Use Only)
