Financial and Managerial Accounting

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Needles, Powers, and Cross on continue to help instructors stay on top of the change curve with Financial and 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, Financial and Managerial Accounting provides a total solution, making it the natural choice for accounting instructors--particularly those seeking a balance of financial and managerial topics. The Eighth Edition focuses primarily on the use of accounting information in today's business world--beginning with corporations--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 Financial and Managerial Accounting the most accurate among similar texts on the market. Table of Contentsul 1. Uses of Accounting Information and the Financial Statements Supplement to Chapter 1: How to Read an Annual Report 2. Analyzing Business Transactions 3. Measuring Business Income Supplement to Chapter 3: Closing Entries and the Work Sheet 4. Financial Reporting and Analysis Supplement to Chapter 4: The Annual Report Project 5. The Operating Cycle and Merchandising Operations 6. Inventories 7. Cash and Receivables 8. Current Liabilities and the Time Value of Money 9. Long-Term Assets 10. Long-Term Liabilities 11. Contributed Capital 12. Investments 13. The Corporate Income Statement and the Statement of Stockholder s ' Equity 14. The Statement of Cash Flows 15. The Changing Business Environment: A Manager's Perspective 16. Cost Concepts and Cost Allocation 17. Costing Systems: Job Order and Process Costing 18. Activity-Based Systems: ABM and JIT 19. Cost Behavior Analysis 20. The Budgeting Process 21. Performance Management and Evaluation 22. Standard Costing and Variance Analysis 23. Analysis for Decision Making 24. Pricing Decisions, Including Target Costing and Transfer Pricing 25. Quality Management and Measurement 26. Financial Performance Measurement Appendix A: Future Value and Present Value Tables