Managerial Accounting / Edition 10

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Overview

Crosson/Needles continuously evolves to meet the needs of today's learner. This edition's new structure is based on research about how to deliver content to students and how to mirror the way instructors have told us they teach! The authors have organized this edition into a NEW! Three Section Approach: The CONCEPTS section focuses on the overarching accounting concepts that require consistent reiteration throughout the course. The ACCOUNTING APPLICATIONS section helps students apply the accounting procedures with features like "Apply It!" and a new transaction analysis model. 3. The BUSINESS APPLICATIONS section illustrates how concepts and procedures are used to make real business decisions. As students walk through the new Three Section Approach, they can gain extra practice with new corresponding TriLevel Problems within CengageNOW. These problems mirror the Three Sections in each chapter Concepts, Accounting Applications, and Business Applications foster a complete understanding of each section. These substantial changes will make students more efficient learners and prepare them to face a business world increasingly complicated by ethical issues, globalization, and technology.

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Product Details

  • ISBN-13: 9781133940593
  • Publisher: Cengage Learning
  • Publication date: 2/5/2013
  • Edition description: New Edition
  • Edition number: 10
  • Pages: 640
  • Sales rank: 384,561
  • Product dimensions: 9.20 (w) x 11.00 (h) x 1.00 (d)

Meet the Author

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.

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.

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Table of Contents

1. Managerial Accounting and Cost Concepts. 2. Costing Systems: Job Order Costing. 3. Costing Systems: Process Costing. 4. Value-Based Systems: Activity-Based Costing and Lean Accounting. 5. Cost-Volume-Profit Analysis. 6. The Budgeting Process. 7. Flexible Budgets and Performance Analysis. 8. Standard Costing and Variance Analysis. 9. Short-Run Decision Analysis. 10. Capital Investment Analysis. 11. Pricing Decisions, Including Target Costing and Transfer Pricing. 12. Quality Management and Measurement. 13. The Statement of Cash Flows. Supplement to 13. The Direct Method of Preparing the Statement of Cash Flows. 14. Financial Statement Analysis. Appendix A. Present Value Tables.

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