Managerial Accounting Author:Belveid Needles This text emphasizes decision making and analysis, breaking with the more traditional "debits-and-credits approach" that requires students to determine the financial status of a company by performing numerous calculations before they can begin to interpret data. Recognizing that most students taking a principles of managerial accounting course a... more »re not accounting majors, the new edition limits calculations and procedural detail by focusing on the business relevance of accounting in decision making.The new edition is flexible enough to support both instructors who emphasize uses of accounting information and instructors who focus on the procedural aspects of accounting. By placing the procedural content in optional, supplemental objectives at the end of chapters, instructors can choose how much procedural detail to include in their course. Comprehensive assignment material is also organized by learning objective, enabling faculty to customize the homework assignments based on course objectives.
New co-author Susan Crosson, coordinator of the accounting department at Santa Fe Community College and chair of the Two-Year College Section of the American Accounting Association, enhances the text with her expertise in managerial accounting and instructional technology.
Two new managerial videos focus on the financial information and management issues of real companies. A one-page case is tied to the video and appears at the beginning of the appropriate text chapter.