Intermediate Accounting, 4th edition

Published by Pearson (September 18, 2025) © 2026

  • Elizabeth A. Gordon Temple University
  • Jana S. Raedy University of North Carolina
  • Alexander J. Sannella Rutgers Business School

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In this eTextbook — More ways to learn

  • More flexible. Start learning right away, on any device.
  • More supportive. Get AI explanations and practice questions (select titles).
  • More interactive. Bring learning to life with audio, videos, and diagrams.
  • More memorable. Make concepts stick with highlights, search, notes, and flashcards.
  • More understandable. Translate text into 100+ languages with one tap.

In this eTextbook — More ways to learn

  • More flexible. Start learning right away, on any device.
  • More supportive. Get AI explanations and practice questions (select titles).
  • More interactive. Bring learning to life with audio, videos, and diagrams.
  • More memorable. Make concepts stick with highlights, search, notes, and flashcards.
  • More understandable. Translate text into 100+ languages with one tap.

In this eTextbook — More ways to learn

  • More flexible. Start learning right away, on any device.
  • More supportive. Get AI explanations and practice questions (select titles).
  • More interactive. Bring learning to life with audio, videos, and diagrams.
  • More memorable. Make concepts stick with highlights, search, notes, and flashcards.
  • More understandable. Translate text into 100+ languages with one tap.

Title overview

Intermediate Accounting will help you develop the judgment and decision-making skills needed to evaluate company financials and pass the CPA exam. Instead of memorizing rules, you’ll build a deep conceptual understanding of financial reporting and the ability to interpret and apply changing standards. Real financial statements from well-known companies will give you rich insight into real applications of accounting concepts.

The 4th Edition incorporates the latest accounting standards and regulations, with side-by-side comparisons of GAAP and IFRS standards. By reprioritizing topical coverage, the authors respond to changes in the business world and in accounting literature, while addressing subjects not typically found in comparable texts.

Table of contents

  1. The Financial Reporting Environment
  2. Financial Reporting Theory
  3. Judgment and Applied Financial Accounting Research
  4. Review of the Accounting Cycle
  5. Statements of Net Income and Comprehensive Income
  6. Statements of Financial Position and Cash Flows and the Annual Report
  7. Accounting and the Time Value of Money
  8. Revenue Recognition
  9. Short-Term Operating Assets: Cash and Receivables
  10. Short-Term Operating Assets: Inventory
  11. Long-Term Operating Assets: Acquisition, Cost Allocation, and Derecognition
  12. Long-Term Operating Assets: Departures from Historical Cost
  13. Operating Liabilities and Contingencies
  14. Financing Liabilities
  15. Accounting for Stockholders’ Equity
  16. Investments in Financial Assets
  17. Accounting for Income Taxes
  18. Accounting for Leases
  19. Accounting for Employee Compensation and Benefits
  20. Earnings per Share
  21. Accounting Changes and Error Analysis
  22. The Statement of Cash Flows

Glossary

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