Designed for managerial accounting programs that prefer to begin with a corporate approach, this market-leading text offers balanced, flexible content supported by an array of fully integrated print and technology supplements. The material--targeted to business majors--focuses on the relevance of accounting in business with an emphasis on decision making and analysis. The text assumes no previous training in accounting or business and contains equal coverage of financial and managerial accounting topics.The 2005e Edition maintains a strong real-world emphasis, integrates performance measurement, and emphasizes technology. Procedural content appears in optional objectives at the end of each chapter, allowing instructors to choose how much procedural detail to include in their course. Instructors can also customize homework assignments based on course goals using comprehensive material organized by learning objective."New! Blackboard and WebCT CD-ROMs include customized course material and information, such as chapter overview/learning objectives, chapter and lecture outlines, key points and terms, chapter-based PowerPoint slides, chapter summaries, assignments, and Web links. The CD-ROMs also contain interactive exercises and self-test questions from the Student Study Guide."New! Three new video cases, bringing the total number of video cases to eight, are available on both the Student CD-ROM and the HM ClassPrep CD-ROM for instructors."New! The instructor web site features a collection of new essays that discuss current events and issues in accounting. These essays can be used as exam questions or extra-credit assignments."New! The chapter-based HMAccounting Tutor CD-ROM replacesthe Accounting Transaction Tutor (ATT). Students can apply the readings for each chapter to a diagnostic test, a tutorial, an Internet assignment, and a demonstration problem (which includes animation and voice-over narrations)."New! "Stop and Think questions for each learning objective motivate students to read actively. These critical-thinking questions--each of which is accompanied by a short answer--can also be used as a review device or as a springboard for class discussions."New! Chapter-ending comparison cases ask students to analyze the most recent Walgreens and Toys "R" Us financial statements and draw conclusions as a financial analyst would. Students calculate ratios and perform a comparative analysis of the two companies based on their results."New! The popular "Focus on Business boxes, which relate accounting concepts to the real world of business, have been updated and redesigned, and 45 new boxes have been added to this edition."New! Each learning objective includes a list of end-of-chapter text assignments, so students can identify the questions, exercises, problems, and cases that relate to particular learning objectives.Eduspace is Houghton Mifflin' s online learning tool. Powered by Blackboard, Eduspace is a customizable, powerful and interactive platform that provides instructors with text-specific online courses and content. For the Needles "Financial & Managerial Accounting text, features include chapter homework and feedback from the Solutions Manual as well as online working papers and a self-grading homework checker.