Managerial Accounting

Designed for managerial accounting programs that begin with either a corporate or sole proprietorship approach, this market-leading text emphasizes the use of financial data in decision making and analysis. The text contains balanced, flexible content supported by an array of print and technology supplements.The 2005e Edition provides instructors with the necessary resources to incorporate new instructional strategies, develop students' core skills and competencies, or integrate technology into the classroom. Procedural content appears in optional objectives at the end of each chapter, allowing instructors to choose how much procedural detail to include in their course. Instructors can also customize homework assignments based on course goals using comprehensive material organized by learning objective.New! Blackboard and WebCT CD-ROMs include customized course material and information, such as chapter overview/learning objectives, chapter and lecture outlines, key points and terms, chapter-based PowerPoint slides, chapter summaries, assignments, and Web links. The CD-ROMs also contain interactive exercises and self-test questions from the Student Study Guide.New! Three new video cases, bringing the total number of video cases to eight, are available on both the Student CD-ROM and the HM ClassPrep CD-ROM for instructors.New! The instructor web site features a collection of new essays that discuss current events and issues in accounting. These essays can be used as exam questions or extra-credit assignments.New! The chapter-based HMAccounting Tutor CD-ROM replaces the Accounting Transaction Tutor (ATT). Students can apply the readings for each chapter to a diagnostic test, a tutorial, an Internet assignment, and a demonstration problem (which includes animation and voice-over narrations).New! Stop and Think questions for each learning objective motivate students to read actively. These critical-thinking questions--each of which is accompanied by a short answer--can also be used as a review device or as a springboard for class discussions.New! Chapter-ending comparison cases ask students to analyze the most recent Walgreens and Toys R Us financial statements and draw conclusions as a financial analyst would. Students calculate ratios and perform a comparative analysis of the two companies based on their results.New! The popular Focus on Business boxes, which relate accounting concepts to the real world of business, have been updated and redesigned, and 45 new boxes have been added to this edition.New! Each learning objective includes a list of end-of-chapter text assignments, so students can identify the questions, exercises, problems, and cases that relate to particular learning objectives.

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.

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.