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Principles of Financial Accounting
 
 

Principles of Financial Accounting [Hardcover]

Belverd E. Needles (Author), Marian Powers (Author)
3.4 out of 5 stars  See all reviews (9 customer reviews)

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Book Description

0538755164 978-0538755160 January 5, 2010 11
Needles/Powers/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 on proper accounting principles and technical detail to ensure mastery of core accounting concepts. Relevant Coverage: Chapter-opening Decision Points have been enhanced to expose students to the changing financial reporting environment and IFRS. Critical-Thinking Tools: New Stop & Apply features help students develop the judgment skills they need in the modern business world. Needles/Powers/Crosson demonstrates accounting in motion!

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Customers buy this book with Working Papers, Chapters 1-17 for Needles/Powers/Crosson's Principles of Accounting, 11th and Principles of Financial Accounting $33.34

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Product Details

  • Hardcover: 827 pages
  • Publisher: South-Western College Pub; 11 edition (January 5, 2010)
  • Language: English
  • ISBN-10: 0538755164
  • ISBN-13: 978-0538755160
  • Product Dimensions: 11.3 x 9.2 x 1.3 inches
  • Shipping Weight: 4.6 pounds (View shipping rates and policies)
  • Average Customer Review: 3.4 out of 5 stars  See all reviews (9 customer reviews)
  • Amazon Best Sellers Rank: #34,019 in Books (See Top 100 in Books)

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Customer Reviews

9 Reviews
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Average Customer Review
3.4 out of 5 stars (9 customer reviews)
 
 
 
 
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5 of 5 people found the following review helpful:
1.0 out of 5 stars Exceptionally poor book., August 29, 2009
Amazon Verified Purchase(What's this?)
Out of every crappy textbook, this one takes the cake. This material could certainly be condensed and better taught for a much lower price.

Half of the material is super-high level charts totally devoid of reason and theory and certainly not fit for a principles/foundational class. There are very few problems with answers provided -- as if to push for th sale of the lab guide. Problems are often obscenely easy or ridiculously complex and often chained together (problem 11 requires 10 which requires 9 which requires an hour of monotony). Half of the book is wasted on Supplements which are totally useless to the course. Some of the supplements were no more than free corporate year-end reports; and, many of them were useless real world facts: I distinctly remember reading a few pages about Boing, which takes 3 years to build a plan. The purpose of mentioning Boing was to highlight that an airplane manufacturer turns over less inventory than a grocery store. I also remember reading bold statements about internal controls -- suggesting things such as monitoring for employee theft and accounting for the occasional mail-theft.

When reading this book, you'll have a hard time discerning where the filler stops and the content starts. Look, just avoid this book. Go for investopedia.com, better explanations, and it's free.
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2 of 2 people found the following review helpful:
4.0 out of 5 stars Good book, accessing online study tools problematic, September 23, 2008
By 
bookluvr73 "mjsmommy" (Newport News, VA USA) - See all my reviews
Amazon Verified Purchase(What's this?)
The book itself seems good but I was very disappointed when I received the book and discovered that the online study resources are not included with used books. When I purchased the book, I did not realize the books came with online resources. On the back cover, however, the book stated that access to these study tools could be purchased through the publisher's website. When I went to the website I was informed that Houghton Mifflin had been acquired by Cengage Learning. It took two weeks and three attempts to acquire the appropriate passkey to access the companion website. Today, after a third failed attempt to use the third passkey I had purchased, I contacted the Cengage technical department and was informed that they do not provide support for the website passkeys they sell at this time, so I was referred to Houghton-Mifflin's technical department. Cengage is the only place to purchase the passkeys at this time, but Houghton Mifflin still provides technical support. I wish they could have told me that two weeks ago. I had been sold the wrong passkey by Cengage but the error was quickly corrected by Houghton-Mifflin. The problem was fixed in less than 5 minutes. Everything is now working, so I am now giving the book 4 stars instead of my original 2, thanks to Houghton-Mifflin's quick and courteous assistance.

On a side note, from my experience, the McGraw-Hill online study resources are much easier to access and they offer a lot of good study tools, as well.
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1.0 out of 5 stars Highly Dissatisfied, September 14, 2011
Amazon Verified Purchase(What's this?)
I have never been more dissatisfied in a text book. $123 for a stack of paper?? It's a required text for my financial accounting class which is a requirement for my arts management major and the professor has already told us that we will be focusing on T-accounts. If any of you know anything about T-accounts already, then you could probably figure out that a $123 stack of paper is not required in order to understand their function. Especially not this book.

Thank you America for altering what is supposedly a university education into a money pit for those who are already swimming in it.
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