Principles of Accounting (第12版)

　　The chapters in Needles/Powers/Crosson have been organized into the Three Section Approach, which helps students more easily digest the content. The first section is Concepts and focuses on the overarching accounting concepts that require consistent reiteration throughout the course. With a clear understanding of the concepts, students are then ready to experience the second section--Accounting Applications. Here students practice the application of accounting procedures with features like "Apply It" and a new transaction analysis model. Finally, students utilize section three, Business Applications. This section illustrates how the concepts and procedures are used to make business decisions. Real company examples are used throughout the chapter to show students the relevance of the material.

　　New to this edition

　　1.New Transaction Analysis Model: Maintaining a solid foundation in double-entry accounting, there are more in-text journal entries and T-accounts throughout the financial accounting chapters. In Chapter 2 of Business Transactions, the relationship of transaction analysis to the accounting cycle has been clarified. In Chapter 6 on Merchandising Accounting, transaction illustrations exist for all transactions mentioned in the chapter. The authors have reduced excessive detail, shortened headings, simplified explanations, and increased readability.

　　2.New Content: Partnerships, Special Journals, and T-Accounts have returned to the 11th edition! A completely new, streamlined textbook design emphasizes the pedagogy. T-accounts and journals have assigned colors to help new accounting students identify them easily.

　　3.Revised IFRS Coverage: International Financial Reporting Standards and fair value have been integrated throughout the book where accounting standards have changed and also in the Business Focus features where applicable. All current events, statistics, and tables have been updated for the latest data.

　　4.New and Revised End of Chapter Assignments have been carefully scrutinized for direct relevancy 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 in chapter 1-17 so that there are ample problems for any school.

作者簡介

Belverd E. Needles

　　現職：DePaul University

Marian Powers

　　現職：Northwestern University

Susan V. Crosson

　　現職：Emory University

Ch1 Accounting Principles and the Financial Statements
Ch2 Analyzing and Recording Business Transactions
Ch3 Adjusting the Accounts
Ch4 Completing the Accounting Cycle
Ch5 Foundations of Financial Reporting and the Classified Balance Sheet
Ch6 Accounting for Merchandising Operations
Supplement to Chapter 6 Special Purpose Journals
Ch7 Inventories
Ch8 Cash and Internal Control　
Ch9 Receivables
Ch10 Long-Term Assets
Ch11 Current Liabilities and Fair Value Accounting
Ch12 Accounting for Partnerships
Ch13 Accounting for Corporations
Ch14 Long-Term Liabilities
Ch15 The Statement of Cash Flows
Ch16 Financial Statement Analysis
Supplement to Chapter 16 How to Read an Annual Report
Ch17 Managerial Accounting and Cost Concepts
Ch18 Costing Systems: Job Order Costing
Ch19 Costing Systems: Process Costing
Ch20 Value-Based Systems: Activity-Based-Costing and Lean Accounting
Ch21 Cost-Volume-Profit Analysis
Ch22 The Budgeting Process
Ch23 Flexible Budgets and Performance Analysis
Ch24 Standard Costing and Variance Analysis　
Ch25 Short-Run Decision Analysis and Capital Budgeting
Appendix A Investments
Appendix B Present Value Tables