John J. Wild,
University of Wisconsin-Madison Winston Kwok,
National University of Singapore Ken W. Shaw,
University of Missouri-Columbia Barbara Chiappetta,
Nassau Community College
Innovative Textbook Features . . . Using Accounting for Decisions
Whether we prepare, analyze, or apply accounting information, one skill remains essential: decision making. To help develop good decision-making habits and to illustrate the relevance of accounting, we use a pedagogical framework we call the Decision Center. This framework encompasses a variety of approaches and subject areas, giving students insight into every aspect of business decision making; see the four nearby examples for the different types of decision boxes, including those that relate to fraud. Answers to Decision Maker and Ethics boxes are at the end of each chapter.
Chapter Preview
Each chapter opens with a visual chapter preview. Students can begin their reading with a clear understanding of what they will learn and when, allowing them to stay more focused and organized along the way. Learning objective numbers highlight the location of related content.
CAP Model
The Conceptual/Analytical/Procedural (CAP) Model allows courses to be specially designed to meet the teaching needs of a diverse faculty. This model identifies learning objectives, textual materials, assignments, and test items by C, A, or P, allowing different instructors to teach from the same materials, yet easily customize their courses toward a conceptual, analytical, or procedural approach (or a combination thereof) based on personal preferences.
Outstanding Assignment Material . . . Once a student has finished reading the chapter, how well he or she retains the material can depend greatly on the questions, exercises, and problems that reinforce it. This book leads the way in comprehensive, accurate assignments.
Chapter Summaries provide students with a review organized by learning objectives. Chapter Summaries are a component of the CAP model (see page xiii), which recaps each conceptual, analytical, and procedural objective.
Key Terms are bolded in the text and repeated at the end of the chapter. A complete glossary of key terms is available online through Connect Plus Accounting.
Multiple Choice Quiz questions quickly test chapter knowledge before a student moves on to complete Quick Studies, Exercises, and Problems.
Quick Study assignments are short exercises that often focus on one learning objective. Most are included in Connect Plus Accounting. There are at least 10–15 Quick Study assignments per chapter.
Exercises are one of this book’s many strengths and a competitive advantage. There are at least 10–15 per chapter, and most are included in Connect Plus Accounting.
Problem Sets A & B are proven problems that can be assigned as homework or for in-class projects. All problems are coded according to the CAP model (see page xiii), and Set A is included in Connect Plus Accounting.
Helps Students Master Key Concepts Beyond the Numbers exercises ask students to use accounting figures and understand their meaning. Students also learn how accounting applies to a variety of business situations. These creative and fun exercises are all new or updated and are divided into sections:
Reporting in Action
Comparative Analysis
Ethics Challenge
Communicating in Practice
Taking It to the Net
Teamwork in Action
Hitting the Road
Entrepreneurial Decision
Global Decision
Serial Problems use a continuous running case study to illustrate chapter concepts in a familiar context. The Serial Problem can be followed continuously from the first chapter or picked up at any later point in the book; enough information is provided to ensure students can get right to work.
General Ledger Problems New General Ledger problems enable students to see how transactions post. Students can track an amount in any financial statement all the way back to the original journal entry. Critical thinking components then challenge students to analyze the business activities in the problem.
The End of the Chapter Is Only the Beginning Our valuable and proven assignments aren’t just confined to the book. From problems that require technological solutions to materials found exclusively online, this book’s end-of-chapter material is fully integrated with its technology package.
Walkthrough
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2016
McGraw-Hill Education Asia