Managerial Accounting

 
9781285441986: Managerial Accounting
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Crosson and Needles continue to help instructors stay on top of the change curve with Managerial Accounting. Balanced, flexible content in this market-leading text is supported by an array of integrated print and technology supplements. Whether an instructor wants to present a user or procedural orientation, incorporate new instructional strategies, develop students' core skills and competencies, or integrate technology into the classroom, Managerial Accounting provides a total solution, making it the natural choice for accounting instructors.

The Eighth Edition focuses primarily on the use of accounting information in today's business world and represents the most significant revision of the text to date. Content updates reflect current accounting and business practices, while greater attention is given to ethics, service enterprises, and international issues. In addition, the text features a more concise, accessible writing style; a new design to emphasize the user-oriented content; and enhanced technology components for both instructors and students. Accuracy reviewers check every line and work through each exercise in the text and supplements, making Managerial Accounting the most accurate among similar texts on the market.

  • New! A completely new, streamlined interior design emphasizes the user-oriented content and features more than 25 captioned photos, new line art, and a contemporary color palette that unify the text's elements and aid students' understanding of managerial accounting.
  • New! The Eighth Edition offers greater accessibility than ever before, appealing to a broad range of interests and skill levels. Where possible, detailed information has been made more concise, and procedural material has been rewritten to focus more on the use of accounting information in today's business world.
  • New! The Eduspace online learning tool pairs the widely recognized resources of Blackboard with quality, text-specific content from Houghton Mifflin. Auto-graded algorithmic homework exercises and MP3 files of chapter summaries come ready-to-use. Additional course management materials include HM Testing (powered by Diploma) and Houghton Mifflin's General Ledger Software. Also within Eduspace, Managerial Accounting is available in an eBook format for quick access.
  • New! Enhancements to the chapter openers include 15 new photos; new ethics statements and coverage of ethics/corporate governance in the Learning Objectives; all new Decision Point companies such as Google and Starbucks accompanied by questions for thought and discussion; and a new financial statement model that shows how the chapter topic is reflected in the financial statements.
  • New! The text features more than 230 publicly held companies?as well as international, governmental, and not-for-profit organizations?to illustrate the real-world application of accounting principles. New coverage includes CVS, Kraft Food Corporation, and Southwest Airlines. In addition, web links to the annual reports of companies mentioned in the text are available at the Online Study Center for students.
  • New! Following each learning objective, new Stop, Review, and Apply features present discussion questions and short exercises for students to complete based on the material they've just learned.
  • New! A Look Back At, located at the end of each chapter, revisits th

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About 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.

Review:

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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