Nelson Higher Education

Higher Education

Managerial Accounting, 9th Edition

  • Susan V. Crosson
  • Belverd E. Needles
  • ISBN-10: 0538742801
  • ISBN-13: 9780538742801
  • 656 Pages | Hardcover
  • Previous Editions: 2008, 2005, 2002
  • COPYRIGHT: 2011 Published
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Overview

About the Product

Crosson/Needles delivers interactive pedagogy by illustrating accounting principles and real-world examples to encourage critical thinking. This revision is based on an understanding of the nature, culture, and motivations of today's students and on extensive feedback from instructors. These substantial changes meet the needs of students, who not only face a business world increasingly complicated by ethical issues, globalization, and technology but also have more demands on their time. To help them meet these challenges, this textbook shows students how accounting information is used to make business decisions. Proven Presentation: Students learn from a trusted approach built on proper accounting principles and technical detail to ensure mastery of core accounting concepts. Relevant Coverage: Chapter-opening Decision Points have been enhanced to expose students to the changing accounting environment. Critical-Thinking Tools: New Stop & Think features help students develop the judgment skills they need in the modern business world. Crosson/Needles demonstrates accounting in motion!

Features

  • 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 a "Stop & Apply" 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.

About the Author

Susan V. Crosson

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

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.

Table of Contents

1. The Changing Business Environment: A Manager's Perspective.
2. Cost Concepts and Cost Allocation.
3. Costing Systems: Job Order Costing.
4. Costing Systems: Process Costing.
5. Value-Based Systems: ABM and Lean.
6. Cost Behavior Analysis.
7. The Budgeting Process.
8. Performance Management and Evaluation.
9. Standard Costing and Variance Analysis.
10. Short-Run Decision Analysis.
11. Capital Investment Analysis.
12. Pricing Decisions, Including Target Costing and Transfer Pricing.
13. Quality Management and Measurement.
14. Financial Analysis of Performance.
Appendix A: Present Value Tables.

New to this edition

  • Assignments have been carefully scrutinized for direct relevance to the learning objectives in the chapters. Names and numbers on all Short Exercises, Exercises, and Problems have been changed except those used on videos. Alternate and main problems have been reversed. Most importantly, alternative problems have been expanded.
  • CengageNOW is an easy-to-use online homework solution that helps you study in less time to get the grade you want.

Supplements

All supplements have been updated in coordination with the Main title.
Please see Main title page for new to this edition information.

Instructor Supplements

CengageNOW on WebCT Instant Access Code  (ISBN-10: 0538494956 | ISBN-13: 9780538494953)
CengageNOW on Blackboard® Instant Access Code  (ISBN-10: 0538494972 | ISBN-13: 9780538494977)
CengageNOW Instant Access Code  (ISBN-10: 0538494883 | ISBN-13: 9780538494885)

CengageNOW is an online teaching and learning resource that gives you more control in less time and delivers better outcomes NOW. Only CengageNOW for Accounting identifies and reports content as it relates to AACSB, AICPA, IMA, and specific course outcomes, allowing you to track student assessment outcomes throughout your accounting course.

WebTutor™ on WebCT, 1 term (6 months) Instant Access  (ISBN-10: 0538495162 | ISBN-13: 9780538495165)

Succeed in your managerial accounting course with this anytime, anywhere customized learning solution that reinforces and clarifies complex concepts, provides online quizzes with instant feedback and other online learning tools, and keeps you connected to your textbook, instructor, and classmates.

WebTutor™ on Blackboard® Instant Access Code  (ISBN-10: 0538495146 | ISBN-13: 9780538495141)
Test Bank, Chapters 15-26  (ISBN-10: 0538742909 | ISBN-13: 9780538742900)

The test bank provides more than 3,000 true/false, multiple-choice, short essay, and critical-thinking questions—as well as exercises and problems—which test students' ability to recall, comprehend, apply, and analyze information. All questions are tagged according to learning objective, type of learning, key concept, and AACSB knowledge and skill areas.

Network Version K&A GL Software  (ISBN-10: 053874295X | ISBN-13: 9780538742955)
K&A GL Software  (ISBN-10: 0538742968 | ISBN-13: 9780538742962)
Electronic Working Papers  (ISBN-10: 0538791918 | ISBN-13: 9780538791915)

This Excel-based software program contains templates that allow students to work all short exercises, exercises, problems, and cases in the text. With an easy-to-use interface, this ideal alternative to printed working papers lets students learn both accounting and the basic skills required for spreadsheet applications.

Working Papers, Chapters 15-28  (ISBN-10: 0538742844 | ISBN-13: 9780538742849)

Printed Working Papers provide the appropriate accounting forms for completing all exercises, problems, and cases in the text.

Instructor's Manual, Chapters 15-26  (ISBN-10: 0538742887 | ISBN-13: 9780538742887)
Instructor's Resource CD-ROM  (ISBN-10: 0538742518 | ISBN-13: 9780538742511)

Discover all of the key resources you need at your fingertips with this all-in-one-source. This CD-ROM includes the Instructor's Manual, Solutions Manual, Test Bank, ExamView® testing software, Excel® spreadsheets, and PowerPoint® slides.

Student Supplements

CengageNOW on WebCT Instant Access Code  (ISBN-10: 0538494956 | ISBN-13: 9780538494953)
CengageNOW on Blackboard® Instant Access Code  (ISBN-10: 0538494972 | ISBN-13: 9780538494977)

Succeed in your accounting course with CengageNOW, a powerful online homework tool that optimizes your learning experience. This interactive system generates a diagnostic Personalized Study Plan (with a chapter-specific Pre-test, Study Plan, and Post-test) to help you master concepts, prepare for exams, and get a better grade.

CengageNOW Instant Access Code  (ISBN-10: 0538494883 | ISBN-13: 9780538494885)

CengageNOW is an online homework solution in accounting that delivers better student outcomes--NOW! CengageNOW Express encourages practice with the textbook homework that is central to success in accounting with: author-written homework from the textbook, automatic grading, and course management tools including gradebook.

WebTutor™ on WebCT, 1 term (6 months) Instant Access  (ISBN-10: 0538495162 | ISBN-13: 9780538495165)

Succeed in your managerial accounting course with this anytime, anywhere customized learning solution that reinforces and clarifies complex concepts, provides online quizzes with instant feedback and other online learning tools, and keeps you connected to your textbook, instructor, and classmates.

WebTutor™ on Blackboard® Instant Access Code  (ISBN-10: 0538495146 | ISBN-13: 9780538495141)
K&A GL Software  (ISBN-10: 0538742968 | ISBN-13: 9780538742962)
Electronic Working Papers  (ISBN-10: 0538791918 | ISBN-13: 9780538791915)

This Excel-based software program contains templates that allow students to work all short exercises, exercises, problems, and cases in the text. With an easy-to-use interface, this ideal alternative to printed working papers lets students learn both accounting and the basic skills required for spreadsheet applications.

Working Papers, Chapters 15-28  (ISBN-10: 0538742844 | ISBN-13: 9780538742849)

Printed Working Papers provide the appropriate accounting forms for completing all exercises, problems, and cases in the text.