Intermediate Accounting, 2nd edition Elizabeth A. Gordon

For individuals pursuing a career in accounting, understanding the principles and concepts of Intermediate Accounting is essential. “Intermediate Accounting, 2nd edition” by Elizabeth A. Gordon is a valuable resource that helps students develop critical thinking skills and judgment necessary to navigate the complexities of accounting.

Key Details:

• ISBN-10 ‏: 0134730372
• ISBN-13 ‏: 978-0134730370

Understanding accounting concepts goes beyond memorization of rules; it involves making informed judgments, forming accounting estimates, and analyzing financial statements critically. The second edition of “Intermediate Accounting” authored by Gordon, Raedy, and Sannella focuses on conceptual framework fundamentals and encourages readers to apply their problem-solving skills, exercise judgment, and engage with real company financials.

Mastering these essential skills not only prepares students to pass the CPA exam but also equips them with the mindset to think like professional accountants.

FAQs (Frequently Asked Questions)

1. What topics are covered in “Intermediate Accounting, 2nd edition” by Elizabeth A. Gordon?

The book covers a wide range of topics including financial statement analysis, accounting for financial instruments, revenue recognition, and more.

2. How can this book help me prepare for the CPA exam?

The book focuses on developing critical thinking and judgment skills that are crucial for success in the accounting profession, including passing the CPA exam.

3. Is this book suitable for beginners in accounting?

While the book is geared towards intermediate-level accounting students, beginners can also benefit from the clear explanations and conceptual framework presented in the text.

Conclusion

“Intermediate Accounting, 2nd edition” by Elizabeth A. Gordon is a comprehensive guide that not only educates students on accounting principles but also hones their problem-solving abilities and decision-making skills. By delving into real-world financial scenarios and emphasizing critical thinking, the book prepares aspiring accountants for the challenges of the profession. Whether aiming to pass the CPA exam or simply develop a deeper understanding of accounting, this book serves as a valuable resource for accounting students at all levels.