Intermediate Accounting

About our authors Elizabeth A. Gordon is a professor of accounting at the Fox School of Business at Temple University and a Merves Research Fellow. She received her doctorate from Columbia University, master's degree in business administration from Yale University, and bachelor of science degree in accounting with highest distinction from Indiana University. Dr. Gordon specializes in the areas of international financial reporting and corporate governance. Her research is published in top journals including Journal of Accounting Research, The Accounting Review, Review of Accounting Studies, Journal of Accounting, Auditing and Finance, and Journal of Accounting and Public Policy. She serves as an editor of Journal of International Financial Management and Accounting and an editor of Journal of International Accounting Research. Dr. Gordon is a past president of the International Accounting Section of the American Accounting Association and serves as the vice president of the International Association for Accounting Education and Research, and Chair of the Department of Accounting at the Fox School of Business. Dr. Gordon has taught courses in financial accounting and international accounting at the graduate and undergraduate levels, receiving a number of teaching awards. She has coauthored accounting readings for the CFA Institute, integrating IFRS and US GAAP. She was an auditor with PricewaterhouseCoopers, LLP, and interned at the US Office of Management and Budget before entering academia. Dr. Gordon is a CPA in the State of Maryland. She has been on the faculty of the Graduate School of Business at the University of Chicago, the Rutgers Business School, and a visiting professor at the University of Pennsylvania. Jana S. Raedy is an associate professor of accounting, associate dean of the Master of Accounting Program, and the Ernst & Young Scholar in Accounting at the Kenan-Flager Business School at the University of North Carolina at Chapel Hill. She received her bachelor of science and master of science degrees from the University of Kentucky and her doctorate from the Pennsylvania State University. Dr. Raedy's research is primarily focused on issues in international financial reporting as well as areas in which financial reporting and taxation intersect. Her research is published in top journals such as Journal of Accounting Research, Journal of Accounting and Economics, The Accounting Review, Contemporary Accounting Research, and Journal of the American Taxation Association. Dr. Raedy has taught a number of courses in financial reporting at the graduate level, including core financial reporting (both introductory and intermediate accounting), international financial reporting, and forensic accounting. For over 15 years, she has taught a self-developed course in applied financial accounting research with a heavy emphasis on judgment and decision making. During her academic career, she has received a number of different teaching awards. She currently is a team member of the Ernst & Young Academic Resource Center, which provides faculty nationwide with comprehensive teaching materials related to topics such as judgment, IFRS, and fair value. Alexander J. Sannella is currently professor of Accounting and Information Systems at the Rutgers Business School and the Director of the MBA in Professional Accounting Program, the Director of the Master of Accountancy in Professional Accounting and the Director of the Rutgers Business School Teaching Excellence Center. He earned a BBA in Finance and an MBA in Accounting from the LaPenta School of Business at Iona College. He received his PhD in Accounting and Finance from New York University and is a New York State Certified Public Accountant. He also holds a Bachelor of Arts in Music from Rutgers University. During his years at Rutgers Business School he has taught at both the graduate and undergraduate levels and served as Associate Dean of the Business School and Vice Chair of the Department of Accounting and Information Systems. Previously, Dr. Sannella served on the faculty of New York University as an Instructor of Accounting at the Stern School of Business and as an Associate Professor of Accounting at Iona College's LaPenta School of Business. He has public accounting experience as an auditor for PricewaterhouseCoopers, LLP and KPMG, LLP. Dr. Sannella was also an independent consultant working on many projects with other public accounting firms, bankruptcy trustees and leasing divisions of major insurance companies. He also served as a consultant to the Line of Business Program at the Federal Trade Commission in Washington DC. Dr. Sannella currently serves as a member of the Financial Reporting Executive Committee (FinREC) at the American Institute of Certified Public Accountants (AICPA). Dr. Sannella has over 45 years teaching experience at the university level and over 35 years' experience in developing and teaching commercial and investment bank training programs. His clients have included 8 major investment banks and 4 of the world's largest commercial banks. His training programs include courses designed to train financial analysts, associates and special programs for sales and trading professionals. He is the author of many scholarly journal articles and 3 books. His articles have focused on market-based accounting research and more recently, accounting education. Dr. Sannella's books focus on the effects of accounting alternatives on the judgment of analysts and other statement users. Many of the books' topics are included on training videos and CPE courses. He has been interviewed by several publications including the Newark Star Ledger andNJ Biz.

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 (New Converged Standard) 
    Revenue Recognition (Current Standards) Online 
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

Appendix: Accounting for Warranty Costs (Current Standards) Online 

14. Financing Liabilities 
15. Accounting for Stockholders’ Equity 
16. Investing Assets 
17. Accounting for Income Taxes 
18. Accounting for Leases (New Standard) 
      Accounting for Leases (Current Standards) Online
19. Accounting for Employee Compensation and Benefits 
20. Earnings per Share 
21. Accounting Changes and Error Analysis
22. The Statement of Cash Flows