Financial and Managerial Accounting Principles, International Edition

Powers/Needles/Crosson delivers interactive pedagogy by illustrating accounting principles and real-world examples to encourage critical thinking. This revision is based on an understanding of the nature, culture, and motivations of today's students and on extensive feedback from instructors. These substantial changes meet the needs of students, who not only face a business world increasingly complicated by ethical issues, globalization, and technology but also have more demands on their time. To help them meet these challenges, this textbook shows students how business transactions, which are the result of business decisions, are recorded in a way to show their effects on the financial statements. Built on historically strong pedagogy, this edition demonstrates strengthened transaction analysis and its link to the accounting cycle.Proven Presentation: Students learn from a trusted approach built onproper accounting principles and technical detail to ensure mastery ofcore accounting concepts.Relevant Coverage: Chapter-opening Decision Points have been enhancedto expose students to the changing financial reporting environment andIFRS.Critical-Thinking Tools: New Stop & Think features help studentsdevelop the judgment skills they need in the modern business world.Powers/Needles/Crosson demonstrates accounting in motion!