99% of surveyed practicing accountants feel that Kieso, Weygandt, and Warfield's Intermediate Accounting helped prepare them for success in professional practice.
100% would recommend the text to someone cu The above is the description for Intermediate Accounting, , Study Guide (Volume 1)
Customer Reviews
16 of 16 people found the following review helpful
Good, but only covers cahpters 1-14, February 25, 2008
There are great examples and problems to help you, but it only covers chapters 1-14. I could not find anywhere where it said it only covered half the book. Still I would say it is worth buying.
Help other customers find the most helpful reviews
It only covers chapters 1-14 as the other reviews has stated, and is a bit expensive.
However, I got an "A" in my intermediate accounting class, and this guide helped a lot.
It don't replace reading the book, but does give a lot of extra problems and exercises (true/false, and multiple choice) to give more practice and understanding for the test.
I found the solutions to be correct and very few mistakes. When a true/false is false, it gives you the reason why, and on the multiple choice, gives you the reason why the correct choice is correct and why the others are wrong.
The brief review does not begin to cover everything in the chapter, and you will not even be able to complete the exercises/problems with just the chapter review. So, don't feel this will replace the textbook.
If you have the money, I recommend this study guide.
Help other customers find the most helpful reviews
Double Entry: How the Merchants of Venice Created Modern Finance
“A timely, topical, readable, and thought-provoking look at the history and legacy of double-entry bookkeeping.”—Elif Batuman, author of The PossessedFilled with colorful characters and history, Double Entry takes us from the ancient origins of The above is the description for Double Entry: How the Merchants of Venice Created Modern Finance
Customer Reviews
22 of 23 people found the following review helpful
I quite enjoyed reading this. The author does a good job in writing a lively and accessible book about what many might consider to be a somewhat dry subject.
I particularly liked the historical background. Some of it was truly fascinating. I hadn't realised that Pacioli was such a distinguished mathematician. It was fascinating to read the influence that double entry book keeping has had and how without it some have speculated that there might have been no "capitalism". There were some great details about Marx and Engels.
There are chapters on National Income accounts, scandals and criticism of accountancy and in particular audits. The final chapter on environmental accounting was very informative.
I am a qualified accountant and I think that I would have liked to have read more about the history of the profession. Other people might well like more explanations of accounting terms.
In a way I think that this book might attempt to do too much and the treatment of some subjects is a little shallow.
However despite these reservations I felt that I did learn a few things from this book and it was generally pretty interesting and it all seemed to be accurate.
Help other customers find the most helpful reviews
Double Entry How the merchants of Venice shaped the modern world - and how their invention could make or break the planet by Jane Gleeson - White
This book is a gem! Dusty old "double entry accounting" is threaded together with stories of Renaissance Venice, its merchants and scholarly discoveries, development of capitalism, national GDP, and accounting for environmental damage.
After a shaky start resurrecting Senator Robert Kennedy, the scene moves on cue to medieval Pisa, Genoa, Florence and Venice. There the Franciscan monk Luca Pacioli, mathematician, chess-player, and encylopedist inadvertently immortalized himself as the "father" of double-entry bookkeeping.
Luca Pacioli made significant mathematical discoveries, taught Leonardo da Vinci, and in particular wrote a mathematical encyclopedia in 1494 allocating 27 pages to a bookkeeping treatise that bestowed him glory to this day. This was only a small part of Pacioli's work in "Summa de Arithmetica, geometria, proportione et proportionalità" or "Everything about Arithmetic, Geometry, Proportion, and Proportionality" plus other works including an unpublished treatise on chess which was rediscovered in 2006.
A brilliant intertwined history of merchants and mathematics is presented from Mesopotamian tablets and ancient Greek mathematics through to the Hindu-Arabic numerals and the new style bookkeeping. The dark arts of Egyptian priests and the commercial activities of early merchants triggered Augustine's warning that "The good Christian should beware of mathematics ... a covenant with the devil to darken the spirit and confine man in the bonds of Hell". The author successfully combines "the calculations used by merchants ... and the numbers used by philosophers to express the secret harmonies of the universe." This is a neat idea particularly for those new to the history of mathematics or finance.
The focus then turns to bookkeeping, bills of exchange, limited liability, cost accounting, National Accounts, GDP, etc. Pacioli tells us that "If you are in business and do not know all about it, your money will go like flies - That is, you will lose it"; " ... the merchant is like a rooster ... the most alert and ... keeps his night vigils and never rests". Just like modern continuous disclosure Pacioli advises "Frequent accounting makes for long friendship" warning that "if you are not a good bookkeeper ... you will go on groping like a blind man and meet great losses".
Finally, the author goes `over the top' quoting claims not only that the concept of capitalism originated with double entry bookkeeping but the entire modern scientific capitalistic world as well. The book ends by considering environmental concerns excluded from company accounts longing for a sort of Accounting of Everything. Accounting can "make or break the planet ... there may be one last hope for life on earth: accountants". There are limits, if it is that bad, let us all just "drink and be merry ...".
Malcolm Cameron 13 May 2012
Help other customers find the most helpful reviews
This is a fine, well researched (if short) history of double-entry bookkeeping. I was aware of some of the history of the practice before I read it, but this filled the history out to the early 1500s nicely. The chapters on the European adoption of the Indian / Arabic numbers out of the Roman and medieval numbering systems, the evolution of the double-entry system of bookkeeping and the early impact of double-entry were all good reading - and well written. It seems well-aimed at the students of the profession and is the most readable history of this subject I have yet read.
There were two disappointments, though. Firstly I would have liked the author to stick to the actual subject, and write a lot more on the development of bookkeeping from Pacioli through to the improvements, refinements and the development of modern accounting over the last century. A mention of Henry Rand Hatfield or Sir David Tweedie for example might have helped. Covering the modern innovation of legally enforceable standards would have helped more. Pointing out the errors that accountants sometimes make should not be the sole focus of this entire time period. Instead, and secondly, what was there in the middle to end chapters was a discussion of how economists have obtained some of the data that the bookkeepers and accountants produce and added those to other numbers to create figures for politicians and economists to use to try to manage economies. Quite rightly, the author points out that this process is not necessarily likely to be useful, and can be harmful. How exactly this fits in with double-entry bookkeeping I am not sure. The author seems to be trying to justify some of the hype on the front cover, rather than providing a history of the practice and profession. Developing the first section on would have been much, much better.
The last chapter, covering the development of environmental and social accounting was also good reading, and provides a case for this area to develop further. To be honest, though, after wading through the section on the economists I had lost some of the interest that the early chapters had developed.
In summary - if you are looking for a good, well-written and very easy-to-read history of the practice of double-entry bookkeeping, then this is a very good book. It's not long and provides enough detail for most to understand where it come from. If you just want to learn about double-entry, then stop after the Pacioli section and then perhaps read the chapter on environmental accounting. If you also want a discussion piece on how economists can misuse data, then read the whole book.
This really is a book of two halves. Pity they seem so disjointed.
Another interesting point is all the other books that appear when you search for this one.
Help other customers find the most helpful reviews
