New Managerial Chapter- Chapter 24, "Performance Measurement and Analysis" is a welcome addition to this text based on encouraging reviewer response. The focus of the chapter is coverage of timely concepts such as Just-In-Time services, Total Quality Management, Balanced Scorecard, and much more. an overview of motivation and goal alignment the Du Pont system for evaluating business performance Residual Income for measuring business performance Economic Value Added (EVA) the Balanced scorecard's role in goal setting and measuring business performance the components of management incentive compensation and their ties to business performance Revised Coverage of Accounting Cycle- There are now separate chapters on adjusting and closing/reporting entries. In the previous edition both were cosolidated into chapter 4. However, overwhelming reviewer feedback felt this separation would lead to improved student understanding and performance. Adjusting entries are now covered in Chapter 4 and closing/reporting entries are now covered in Chapter 5. Corporate Approach- The corporate approach begins in chapter 2 and is carried throughout the text. In the previous edition, sole proprietorship was the approach used. Reviewer feedback has told us that students would most benefit by concentrating on the corporate approach as it is aligned with the future work of most students. Business Week Cases- The only text with Business Week cases. This unique feature presents real-world scenarios that tie into the focus of each chapter, taken from one of the world’s most recognized and respected business magazines. A name even your students will recognize. | 
2002 McGraw-Hill Higher Education