Intermediate Accounting, Volume 1 5th Edition Kin Lo, George Fisher – TEST BANK

Test Bank For Intermediate Accounting, Volume 1 5th Edition Kin Lo, George Fisher

ISBN-13: 9780136993339

Adding extra accounting theory to the mix is one technique to assist explain the “why” behind accounting rules and procedures. Humans are naturally curious creatures who seek to understand not just how things function, but also the reasons behind their specific workings. Students are better equipped to make connections between various concepts and integrate those connections with the rest of their acquired knowledge and experiences when they have a clear understanding of “why.”

With the coverage of many threshold concepts in the first three chapters, Intermediate Accounting seeks to improve the coherence of ideas throughout the book. In this instance, threshold ideas are the entry points that link students’ past experiences and prior knowledge with accounting rules and practices. As Meyer and