Description
Crosson/Needles, MANAGERIAL ACCOUNTING, 10e, International Edition 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.
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 learnersand prepare them to face a business world increasingly complicated by ethical issues, globalization, and technology.
CengageNOW is an easy-to-use online homework solution that helps you study in less time to get the grade you want.
Use of well-known public companies: This textbook also offers examples from highly recognizable public companies, such as CVS Caremark and Southwest Airlines, to relate basic accounting concepts and techniques to the real world.
Every learning objective within each chapter has an "Apply It!" feature that illustrates and solves a short exercise. This helps students apply their knowledge in a step-by-step manner.
Focus on Business Practice features have been added or updated to reflect what is going on in the real world.
Study Notes appear in the margins of the textbook and alert students to common misunderstandings of concepts and techniques.
New to This Edition
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.
The BUSINESS APPLICATIONS section illustrates how concepts and procedures are used to make real business decisions.
Improved End-of-Chapter Assignments. Based on market and syllabi research for introductory accounting courses, changes have been made to end-of-chapter assignments: NEW Discussion Questions, more Short Exercises, NEW B set for the Exercises (available online), NEW Check Figures to the margins for Problems where Applicable, more Alternate Problems, labels for the Cases to help more easily identify appropriate assignments, End-of-chapter assignments have been updated throughout with new numbers and current data, where applicable.
NEW CengageNOW with New TriLevel Problems: As students walk through the new Three Section Approach, they can gain extra practice with new corresponding TriLevel Problems within CengageNOW. These algorithmic problems mirror the Three Sections in each chapter – Concepts, Accounting Applications, and Business Applications – to foster a complete understanding of each section.
NEW ANIMATED ACTIVITIES: Animated Activities in CengageNOW are videos that guide students through selected core topics using a realistic company example to illustrate how the concepts relate to the everyday activities of a business. Animated Activities are assignable or available for self-study and review.
NEW BLUEPRINT PROBLEMS: In CengageNOW, these problems cover the primary learning objectives and help students understand the fundamental accounting concepts and their associated building blocks, not just memorize the formulas or journal entries required for a single concept. Blueprint Problems include rich feedback and explanations, providing students with an excellent learning resource. These comprehensive problems tie together concepts and support reinforcement of core accounting fundamentals.
NEW BLUEPRINT CONNECTIONS: Blueprint Connections in CengageNOW build upon concepts covered and introduced within the Blueprint Problems. These scenario-based, interactive exercises help reinforce students' knowledge of the concept and strengthen their analytical skills.
NEW "Check My Work" FEEDBACK: Written feedback is now available when students click on "Check My Work" in CengageNOW to provide students with valuable guidance as they work through homework items.
NEW POST-SUBMISSION FEEDBACK: Where appropriate, source calculations and further explanation has been added alongside the solution in CengageNOW to help students understand where they went wrong in solving questions.
NEW CONCEPTUAL CONVERSION QUESTIONS: End-of-chapter questions or requirements within larger questions that were previously short answer questions have been converted to be assignable & gradable within CengageNOW.
Simplified Complex Accounting Topics. Extra care has been taken clarify the topics with which students struggle most by using simple language; setting equations, formulas, and steps apart for easier student reference; and revising exhibits. In addition, wherever possible, detailed information has been made more concise by shortening paragraphs and breaking sentences into bulleted lists.
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. Financial Statement Analysis. Appendix A. Present Value Tables.
Susan V. Crosson, Emory University Belverd E. Needles, DePaul University