Chapter 1

• The Chocolate Farm NEW opener
• New, early introduction to transaction analysis
• Transaction analysis uses expanded accounting equation to aid student learning
• Revised, early introduction to financial statements
• New, early introduction to key accounting principles
• Revised section on accounting and related careers
• Revised table on compensation
• Moved return-risk analysis and business activities to appendixes for instructor flexibility

Chapter 2

• York Entertainment NEW opener
• Streamlined and revised introduction to accounts
• Revised discussion on analyzing and processing transactions
• Revised section on preparing financial statements

Chapter 3

• Mellies NEW opener
• Streamlined discussion on adjusting accounts
• New visual linkages from adjusting entries to the accounts
• New presentation on preparing financial statements from trial balance

Chapter 4

• Premier Snowskate NEW opener
• Streamlined discussion of accounting work sheet
• Revised Excel screen captures with acetates for work sheet
• Shortened section on closing process
• Reduced presentation on operating cycles

Chapter 5

• Damani Dada NEW opener
• New table summarizing merchandising entries
• Revised description of credit terms and discounts
• Revised and simplified presentation of income statement formats
• Simplified descriptions of debit and credit memoranda

Chapter 6

• FunKo NEW opener
• New discussion on internal controls and inventory
• New introduction to inventory cost flow assumptions
• Added simplified journal entries to inventory computations
• Revised discussion of "lower of cost or market"
• Moved gross profit and retail inventory methods to appendix for instructor flexibility

Chapter 7

• Rap-Up NEW opener
• Revised visuals for special journals
• Streamlined coverage of posting
• Revised discussion of technology in accounting including ERP
• Added new exercises on special journals without postings

Chapter 8

• Dylan's Candy Bar NEW opener
• Enhanced discussion on internal controls
• New material on Internet fraud
• Simplified presentation of voucher system of control
• Streamlined discussion of bank reconciliation
• Moved control of purchase discounts to appendix for instructor flexibility

Chapter 9

• Manzi Metals NEW opener
• New material on credit vs debit cards
• Simplified discussion on disposing of receivables
• Streamlined discussion on estimating bad debts
• Deleted section on discounting notes receivable
• Moved short-term investments to Chapter 15

Chapter 10

• Queston Construction NEW opener
• Simplified discussion of partial-year depreciation and changes in estimates
• Shortened and simplified section on "Additional Expenditures"
• Simplified section on exchange of similar assets
• Revised discussion of intangible assets per new standards
• Shortened section on goodwill and moved goodwill estimation to an appendix

Chapter 11

• EEC NEW opener
• Revised payroll liabilities for current tax rates
• Shortened section on contingent liabilities
• Removed noninterest-bearing notes from this chapter
• Revised appendix on payroll records
• Moved "income tax liabilities" to appendix for instructor flexibility

Chapter 12

• Koch Entertainment NEW opener
• Increased discussion of limited liability companies
• Revised section for partner return on equity
• Streamlined partnership liquidation

Chapter 13

• Get Real Girl, Inc. NEW opener
• Shortened introductory materials on corporations
• Streamlined section on preferred stock
• Shortened section on stock dividends
• Streamlined reporting of discontinued operations
• Simplified section on "changes in accounting principles"
• Shortened sections on book value per share and dividend yield

Chapter 14

• Noodles & Company NEW opener
• New visual linkages from bond interest computations to amortization entries
• Moved effective interest amortization to chapter appendix for instructor flexibility
• Streamlined presentation on notes payable
• Removed materials on noninterest-bearing notes

Chapter 15

• TradeStation Group NEW opener
• New, simplified organization for investments
• New presentation of both short-term and long-term investments
• New illustrations on adjustments for unrealized gains and losses on securities
• Moved investments in international operations to appendix for instructor flexibility

Chapter 16

• Atomic Toys NEW opener
• Simplified preparation of statement of cash flows
• New 3-stage process of analyzing investing and financing cash flows
• Moved investments in international operations to appendix for instructor flexibility

Chapter 17

• The Motley Fool NEW opener
• Krispy Kreme vs Tastykake NEW comparative analysis
• Streamlined section on common-size analysis

Chapter 18

• Rap Snacks NEW opener
• Streamlined flow of costs discussion with revised visuals
• Expanded discussion of cost controls with service businesses
• Revised presentation of manufacturing statement

Chapter 19

• A.D. Morgan NEW opener
• Streamlined discussion of overapplied and underapplied overhead
• Expanded section on costing and pricing for service businesses

Chapter 20

• All American Meats NEW opener
• Simplified presentation of equivalent units of production
• Streamlined discussion on costing for multiple departments

Chapter 21

• Life Is Good NEW opener
• Simplified discussion of activitybased costing
• Streamlined section on joint costs

Chapter 22

• Vosges Haut Chocolat NEW opener
• Streamlined break-even point analysis

Chapter 23

• Aquent NEW opener
• Streamlined section on budget administration
• Moved production and manufacturing budgets to appendix for instructor flexibility

Chapter 24

• Technology Enabled Clothing NEW opener
• Expanded discussion of service applications
• Streamlined overhead cost variance analysis

Chapter 25

• AnthroTronix NEW opener
• Further emphasis on applied applications of managerial accounting
• Expanded applications to service businesses