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Belverd E. Needles, Marian Powers, and Susan V. Crosson combine their expertise and backgrounds to bring college and university students an interactive resource available for rental with their textbook Principles of Accounting, ISBN 9781439037744. The foundational concepts of accounting are presented through the inclusion of relatable examples as well as...
Belverd E. Needles, Marian Powers, and Susan V. Crosson combine their expertise and backgrounds to bring college and university students an interactive resource available for rental with their textbook Principles of Accounting, ISBN 9781439037744. The foundational concepts of accounting are presented through the inclusion of relatable examples as well as the challenge to access critical thinking skills. This text seeks to meet the needs of those students who deal with the ever-changing business world as well as the impacts of ethical issues, globalization, and technology on accounting. Various additions and revisions have been included in this edition including improved chapter-opening 'Decision Points' which provide students with information on the evolving financial reporting arena as well as new 'Stop & Think' features that lead students in developing the judgment skills that they will need in the current business world. The leading expert on this team of writers is that of Belverd E. Needles. He received his B.B.A. and M.B.A. degrees from Texas Tech University and Ph.D. degree from the University of Illinois at Urbana-Champaign. Needles currently teaches financial accounting, managerial accounting, and auditing at DePaul University, where he is an internationally recognized expert in international accounting and education. He is also a seasoned writer publishing work in leading journals and author or editing more than 20 books and monographs. Belverd E. Needles, Marian Powers, and Susan V. Crosson strategically organize the concepts of Principles of Accounting across 28 all-inclusive chapters. These chapters present information on uses of accounting information and financial statements, analyzing business transactions, business income, completing the accounting cycle, financial reporting and analysis, internal control, inventories, cash and receivables, as well as current liabilities and fair value accounting. Other concepts discussed include long-term assets and liabilities, contributed capital, statement of cash flows, financial performance measurement, partnerships, cost allocation, costing systems, cost behavior analysis, short-run decision analysis, and, finally, capital investment analysis.
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