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Principles of Accounting 12th Edition – eTextBook

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  • Authors: Belverd E. Needles, Marian Powers, Susan V. Crosson
  • File Size: 69 MB
  • Format: PDF
  • Length: 1216 pages
  • Publisher: Cengage Learning; 12th edition (December 12, 2012)
  • Language: English
  • ASIN: B00B794YX2
  • ISBN-10: 113362698X
  • ISBN-13: 9781133626985

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About The Author

Belverd E. Needles

Dr. Belverd E. Needles, Jr., received his MBA and BBA degrees from Texas Tech University and his PhD degree from the University of Illinois at Urbana-Champaign. He teaches financial accounting, managerial accounting, and auditing at DePaul University, where he is an internationally recognized expert in international accounting and education. He has published in leading journals and is the author or editor of more than twenty books and monographs. His current research relates to performance measurement, international financial reporting, and corporate governance of high-performance companies in the Europe, India, United States, and Australia. His books are used throughout the world and have received many awards, including (in 2008) the McGuffey Award from the Text and Academic Authors Association. Active in many academic and professional organizations, he is immediate past vice president-education of the American Accounting Association. He received the Distinguished Alumni Award from Texas Tech University, the Illinois CPA Society Outstanding Educator Award and its Life-Time Achievement Award, the Ledger & Quill Award of Merit,the Joseph A. Silvoso Faculty Award of Merit from the Federation of Schools of Accountancy and the Ledger & Quill Teaching Excellence Award. He was named Educator of the Year by the American Institute of CPAs, Accountant of the Year for Education by the national honorary society Beta Alpha Psi, and Outstanding International Accounting Educator by the American Accounting Association. Needles received the Excellence in Teaching Award from DePaul University.

Marian Powers

Marian Powers

Dr. Marian Powers received her B.S. degree from Chicago State University and her Ph.D. degree from University of Illinois at Urbana-Champaign. In addition to the Kellogg School of Management at Northwestern University, Powers has taught financial accounting at the University of Illinois, Chicago, and at the Lake Forest Graduate School of Management. Internationally recognized as a dynamic teacher in executive education, Dr. Marian specializes in teaching nonfinancial managers how to read and understand internal and external financial reports, including the impact of international financial reporting standards (IFRS). Her 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. Her etextbooks, 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 3 interactive multimedia software products. She currently serves on the Board of the CPA Endowment Fund of Illinois and is immediate past-chair of the Board of Governors of the Winnetka Community House. She is a member of International Association of Accounting Education and Research, and Illinois CPA Society. Dr. Powers has served on the Board of Directors of the Illinois CPA Society, the Educational Foundation of Women in Accounting, and both the national as well as Chicago chapters of ASWA.

Susan V. Crosson

Susan V. Crosson received her B.B.A. degree in economics and accounting from Southern Methodist University and her M.S. degree in accounting from Texas Tech University. She is currently teaching in the Goizueta Business School at Emory University in Atlanta, Georgia. Until recently, she was the Accounting Faculty Lead and Professor at Santa Fe College in Gainesville, Florida. Crosson has also been on the faculty of the University of Florida; University of Oklahoma; Johnson County Community College in Kansas; Washington University in St. Louis;and Kansas City Kansas Community College. Crosson is internationally known for her YouTube accounting videos as an innovative application of pedagogical strategies. In recognition of her professional and academic activities, she was a recipient of the Outstanding Service Award from the American Accounting Association (AAA), an Institute of Management Accountants' Faculty Development Grant to blend technology into the classroom, the University of Oklahoma's Halliburton Education Award for Excellence and the Florida Association of Community Colleges Professor of the Year Award for Instructional Excellence,. Currently, she serves as President of the Teaching, Learning, and Curriculum section of the AAA. Recently, she served as a Supply Chain Leader for The Commission on Accounting Higher Education which published "Pathways to a Profession" Charting a National Strategy for the Next Generation of Accountants. Crosson has also served on various committees for the AICPA, Florida Institute of CPAs, and the Florida Association of Accounting Educators.

Needles/Powers/Crosson Principles Of Accounting 12th edition (PDF) is continuously evolving to meet the needs of today’s student needs. This 12th edition’s new structure is based on research with college students about the best way to deliver content in this course! The chapters in Needles/Powers/Crosson have been organized into the 3 Section Approach, which helps you more easily digest the content.

The 1st section is Concepts and focuses on the overarching accounting concepts that require consistent reiteration throughout the course. With a clear understanding of the concepts, you are then ready to experience the 2nd section, Accounting Applications. Here you practice the application of accounting procedures with features like “Apply It” and a new transaction analysis model, which clearly illustrates how transactions are the result of business decisions and recorded in a way to show their effects on the financial statements. Finally, you use section 3, Business Applications. This section illustrates how the concepts and procedures are used to make business decisions. Real world and company examples are used throughout the chapter to show college students the relevance of the material. This logical progression through the material is further supported in the online environment in CengageNOW (sold separately) with the Tri-Level Problem. This problem mirrors the 3 Section Approach and connects the sections to facilitate a more complete understanding. These substantial changes will make you a more efficient learner and are designed to prepare you for a business world increasingly complicated by ethical issues, globalization.

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