Principles of Accounting

ISBN-10: 0618736611
ISBN-13: 9780618736614
Edition: 10th 2008
List price: $285.95 Buy it from $0.69 Rent it from $20.90
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Description: Needles, Powers, and Crosson continue to help instructors stay on top of the change curve withPrinciples of Accounting.Balanced, flexible content in this market-leading text is supported by an array of integrated print and technology supplements.  More...

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Book details

List price: $285.95
Edition: 10th
Copyright year: 2008
Publisher: CENGAGE Learning
Publication date: 1/12/2007
Binding: Hardcover
Pages: 1344
Size: 8.75" wide x 11.25" long x 2.00" tall
Weight: 6.732
Language: English

Needles, Powers, and Crosson continue to help instructors stay on top of the change curve withPrinciples of 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,Principles of Accountingprovides a total solution, making it the natural choice for accounting instructors. Ideal for two-semester courses, the Tenth Edition focuses primarily on the use of accounting information in today's business worldbeginning with sole proprietorshipsand 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, makingPrinciples of Accountingthe most accurate among similar texts on the market. New!A completely new, streamlined interior design emphasizes the user-oriented content and features more than 50 captioned photos, new line art, and a contemporary color palette that unify the text's elements and aid students' understanding of accounting. New!The Tenth 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), Houghton Mifflin's General Ledger Software, and diagnostic tools in HM Assess. Also within Eduspace,Principles of Accountingis available in an eBook format for quick access. New!Enhancements to the chapter openers include 27 new photos; new ethics statements and coverage of ethics/corporate governance in theLearning Objectives;all newDecision Pointcompanies 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 companiesas well as international, governmental, and not-for-profit organizationsto 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, newStop, Review, and Applyfeatures 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 the company highlighted in the chapter-openingDecision Pointand prompts students to reconsider the material covered in the chapter.

Marian Powers received the B.S. degree from Chicago State University and the Ph.D. degree from University of Illinois at Urbana-Champaign. In addition to the Kellogg Graduate School of Management at Northwestern University, she has taught financial reporting at the University of Illinois, Chicago, and at the Lake Forest Graduate School of Management. Internationally recognized as a dynamic teacher in executive education, she specializes in teaching non-financial managers how to read and understand internal and external financial reports, including the impact of international financial reporting standards (IFRS). Dr. Powers's current research relates to international financial reporting, performance measurement, and corporate governance of high performance companies in the United States, Europe, India, and Australia. Her research has been published in leading journals. Dr. Powers's textbooks, coauthored with Belverd E. Needles, Jr., are used throughout the world and have received many awards, including the Textbook Excellence Award and the McGuffey Award from the Text and Academic Authors Association. She has also coauthored three interactive multimedia software products. Dr. Powers currently serves on the Board of Directors of the Illinois CPA Society, the Board of the CPA Endowment Fund of Illinois, and the Board of Governors of the Winnetka Community House. She is a member of the American Accounting Association, European Accounting Association, International Association of Accounting Education and Research, and Illinois CPA Society. She has served as Vice President Programs and Secretary of the Educational Foundation. She is a past national officer of the ASWA and past president of its Chicago chapter.

Uses of Accounting Information and the Financial Statements
Analyzing Business Transactions
Measuring Business Income
Completing the Accounting Cycle
Financial Reporting and Analysis
The Operating Cycle and Merchandising Operations
Inventories
Cash and Receivables
Current Liabilities and the Time Value of Money
Internal Control
Long-Term Assets
Contributed Capital
Long-Term Liabilities
The Corporate Income Statement and the Statement of Stockholders' Equity
The Statement of Cash Flows
Investments
Financial Performance Measurement
The Changing Business Environment: A Manager's Perspective
Cost Concepts and Cost Allocation
Costing Systems: Job Order and Process Costing
Activity-Based Systems: ABM and JI.T
Cost Behavior Analysis
The Budgeting Process
Performance Management and Evaluation
Standard Costing and Variance Analysis
Analysis for Decision Making
Partnerships

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