Hardcover New 1439037809 New book. STUDENT US EDITION. Packaged carefully. Ships IMMEDIATELY with tracking number. Excellent Customer Service. All Orders Backed by Hassle-Free ...Returns.Read moreShow Less
Dedicated to helping instructors stay on top of the change curve, the new edition of Financial & Managerial Accounting offers balanced, flexible content supported by an array of truly integrated print and technology supplements. Because most students using the text are business majors, it focuses on the business relevance of accounting with an emphasis on decision making and analysis. The text, which assumes no previous training in accounting or business, contains 50 percent financial accounting topics and 50 percent managerial. The authors completely revised the book's managerial chapters to reflect the most current information on how business professionals use accounting information to make decisions.
The new edition is flexible enough to support both instructors who emphasize uses of accounting information and instructors who focus on the procedural aspects of accounting. By placing the procedural content in optional, supplemental objectives at the end of chapters, instructors can choose how much procedural detail to include in their course. Comprehensive assignment material is also organized by learning objective, enabling faculty to customize homework assignments based on course objectives.
New co-author Susan Crosson, coordinator of the accounting department at Santa Fe Community College and chair of the Two-Year College Section of the American Accounting Association, enhances the text with her expertise in managerial accounting and instructional technology.
Blackboard Course Cartridges or WebCT e-Packs deliver course content over the Internet and can be used in a traditional classroom setting or as a complete distance learning solution. Customizedcourse materials include reviews, quizzes, activities, solutions, PowerPoint slides, and more.
Going the Distance in Accounting, an interactive Web-based workshop, allows faculty to design and deliver online accounting courses.
Two new managerial videos focus on the financial information and management issues of real companies. A one-page case is tied to the video and appears at the beginning of the appropriate text chapter.
Business Focus boxes emphasize business strategy as it relates to the key themes of ethics, practice, technology, and international issues. Each box provides insights into real companies, including start-ups and e-commerce businesses
Decision Points, based on excerpts from annual reports and business journals, promote critical thinking and decision making by presenting students with a situation that requires them to make a decision using accounting information. Decision Points in the financial chapters are presented from A User's Focus while the Decision Points in the managerial chapters provide A Manager's Focus.
An annotated Chapter 1 helps students understand the purpose and value of the book's pedagogical framework and how to use it to their advantage.
Product dimensions: 9.20 (w) x 11.00 (h) x 1.90 (d)
Meet the Author
Belverd E. Needles, Jr., received his BBA and MBA degrees from Texas Tech University and his PhD degree from the University of Illinois at Urbana-Champaign. He teaches financial accounting, managerial accounting, and auditing at DePaul University, where he is an internationally recognized expert in international accounting and education. He has published in leading journals and is the author or editor of more than 20 books and monographs. His current research relates to international financial reporting, performance measurement, and corporate governance of high-performance companies in the United States, Europe, India, and Australia. His textbooks are used throughout the world and have received many awards, including (in 2008) the McGuffey Award from the Text and Academic Authors Association. Active in many academic and professional organizations, he is immediate past vice president-education of the American Accounting Association. He received the Distinguished Alumni Award from Texas Tech University, the Illinois CPA Society Outstanding Educator Award and its Life-Time Achievement Award, the Joseph A. Silvoso Faculty Award of Merit from the Federation of Schools of Accountancy, the Ledger & Quill Award of Merit, and the Ledger & Quill Teaching Excellence Award. He was named Educator of the Year by the American Institute of CPAs, Accountant of the Year for Education by the national honorary society Beta Alpha Psi, and Outstanding International Accounting Educator by the American Accounting Association. He received the Excellence in Teaching Award from DePaul University.
Marian Powers received her B.S. degree from Chicago State University and her Ph.D. degree from University of Illinois at Urbana-Champaign. In addition to the Kellogg School of Management at Northwestern University, she has taught financial accounting at the University of Illinois, Chicago, and at the Lake Forest Graduate School of Management. Internationally recognized as a dynamic teacher in executive education, she specializes in teaching nonfinancial managers how to read and understand internal and external financial reports, including the impact of international financial reporting standards (IFRS). Her current research relates to international financial reporting, performance measurement, and corporate governance of high-performance companies in the United States, Europe, India, and Australia. Her research has been published in leading journals. Her textbooks, coauthored with Belverd E. Needles, Jr., are used throughout the world and have received many awards, including the Textbook Excellence Award and the McGuffey Award from the Text and Academic Authors Association. She has also coauthored three interactive multimedia software products. She currently serves on the Board of the CPA Endowment Fund of Illinois and is immediate past-chair of the Board of Governors of the Winnetka Community House. She is a member of International Association of Accounting Education and Research, and Illinois CPA Society. She has served on the Board of Directors of the Illinois CPA Society, the Educational Foundation of Women in Accounting, and both the national as well as Chicago chapters of ASWA.
Susan V. Crosson received her B.B.A. degree in economics and accounting from Southern Methodist University and her M.S. degree in accounting from Texas Tech University. She is currently teaching in the Goizueta Business School at Emory University in Atlanta, Georgia. Until recently, she was the Accounting Faculty Lead and Professor at Santa Fe College in Gainesville, Florida. She has also been on the faculty of the University of Florida; Washington University in St. Louis; University of Oklahoma; Johnson County Community College in Kansas; and Kansas City Kansas Community College. She is internationally known for her YouTube accounting videos as an innovative application of pedagogical strategies. In recognition of her professional and academic activities, she was a recipient of the Outstanding Service Award from the American Accounting Association (AAA), an Institute of Management Accountants' Faculty Development Grant to blend technology into the classroom, the Florida Association of Community Colleges Professor of the Year Award for Instructional Excellence, and the University of Oklahoma's Halliburton Education Award for Excellence. Currently, she serves as President of the Teaching, Learning, and Curriculum section of the AAA. Recently, she served as a Supply Chain Leader for The Commission on Accounting Higher Education which published "Pathways to a Profession" Charting a National Strategy for the Next Generation of Accountants. She has also served on various committees for the AICPA, Florida Institute of CPAs, and the Florida Association of Accounting Educators.
1. Uses of Accounting Information and the Financial Statements. Supplement to Chapter 1: How to Read an Annual Report. 2. Measurement Concepts: Recording Business Transactions. 3. Measuring Business Income: Adjusting the Accounts. Supplement to Chapter 3: Closing Entries and the Work Sheet. 4. Foundations of Financial Reporting and the Classified Balance Sheet. 5. Accounting for Merchandising Operations. 6. Inventories. 7. Cash and Internal Control. 8. Receivables. 9. Long-Term Assets. 10. Current Liabilities and Fair Value Accounting. 11. Long-Term Liabilities. 12. Stockholders' Equity. 13. The Statement of Cash Flows. Supplement to Chapter 13: The Direct Method of Preparing the Statement of Cash Flows. 14. Financial Statement Analysis. 15. Managerial Accounting and Cost Concepts. 16. Costing Systems: Job Order Costing. 17. Costing Systems: Process Costing. 18. Value-Based Systems: Activity-Based-Costing and Lean Accounting. 19. Cost-Volume-Profit Analysis. 20. The Budgeting Process. 21. Flexible Budgets and Performance Analysis 22. Standard Costing and Variance Analysis. 23. Short-Run Decision Analysis. 24. Capital Investment Analysis. 25. Pricing Decisions, Including Target Costing and Transfer Pricing. 26. Quality Management and Measurement. Appendix A: Accounting for Unincorporated Businesses. Appendix B: Accounting for Investments. Appendix C: Present Value Tables.