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Close the gap between homework and exam performance with Warren/Reeve/Duchac’s ACCOUNTING 26E and CengageNOW™v2! Market-leading ACCOUNTING has been on the forefront of innovation and change based on the needs of today’s teaching and learning environment. Warren/Reeve/Duchac’s ACCOUNTING 26E, now available as a bundle option with CengageNOW™v2, helps elevate student thinking with content that addresses each stage of the learning process from motivation to mastery. This integrated system motivates students to learn, provides practice opportunities to better prepare for exams, and helps students achieve mastery with tools to help them make connections and see the big picture.
- Content Updates: In addition to the many new digital assets created for this edition, the textbook content itself has also been revised. The most significant changes for this edition involve the inclusion of the new revenue recognition standard and a greater emphasis on service companies in the managerial accounting chapters.
- How to Use CengageNOWv2 Module allows students to focus on learning accounting, not on a particular software system. Quickly familiarize your students with CengageNOWv2 and direct them to all of its built-in student resources.
- Adaptive Study Plan in CengageNOWv2: The NEW Adaptive Study Plan is an assignable/gradable study center that adapts to each student's unique needs and provides a remediation pathway to keep students progressing. Students first take a chapter-level quiz consisting of randomized questions that cover both conceptual and procedural aspects of the chapter. Next, feedback is provided for each answer option explaining why the answer is right or wrong. Based on the quiz results, students are provided a remediation path that includes media assets and algorithmic practice problems to help them improve their understanding of the course material. Instructors may use prerequisites that require students to achieve mastery in the Adaptive Study Plan before moving on to new material. The Adaptive Study Plan is assignable/gradable in CengageNOWv2 and available for self-study and review.
- Service Focus: NEW Service Focus boxed features highlight the differences between manufacturing companies and service companies and illustrate how managerial accounting concepts apply to service companies such as The Walt Disney Company and Sierra Nevada.
- CengageNOWv2: NEW CengageNOWv2 helps close the gap between homework and exam performance. The new Multi-Panel View enables students to see all the elements of a problem on one screen, making it easier for them to navigate the problem and understand the accounting system. The new Adaptive Feedback responds to students based upon their unique answers and alerts them to the type of error they have made, keeping students checked-in and progressing. The new Blank Sheet of Paper Experience provides a less leading response system for journal entries and financial statements that discourages over-reliance on the system. Visit cnowv2demo.cengage.com for more information and an interactive demo.
- Dynamic Exhibits in CengageNOWv2: NEW Dynamic Exhibits allow students to change the variables in a scenario and see how a change ripples through the accounting system. Dynamic Exhibits allow students to see connections and relationships like never before! Identified by an icon in the text, Dynamic Exhibits are embedded within the MindTap eReader in CengageNOWv2. They are assignable/gradable in CengageNOWv2 and available for self-study and review.
- Video: ConceptClips in CengageNOWv2: NEW ConceptClips address the challenge of understanding the "language of business" that students often face when first introduced to the subject matter. These animations provide students with a memorable auditory and visual representation of the important concepts in each chapter. ConceptClips are embedded throughout the MindTap eReader in CengageNOWv2. They are assignable/gradable in CengageNOWv2 and available for self-study and review.
- Video: Show Me How in CengageNOWv2: Created for the most frequently assigned end-of-chapter items, hundreds of NEW Show Me How problem demonstrations provide a step-by-step model of a similar problem. Embedded tips and warnings help students avoid common mistakes and pitfalls, keeping them on track and reducing frustration. Identified by an icon in the text margins, Show Me How videos are linked to assignments in CengageNOWv2 and available for self-study and review.
- Video: Tell Me More in CenageNOWv2: NEW Tell Me More lecture activities explain the core concepts of the chapter through an engaging auditory and visual presentation that is ideal for all class formats--flipped model, online, hybrid, face-to-face. Tell Me More videos are assignable/gradable in CengageNOWv2 and available for self-study and review.
- Start-Up Center in CengageNOWv2: The NEW CengageNOWv2 Start-Up Center will help students identify what they need to do and where they need to focus in order to be successful with a variety of brand new resources. The Start-Up Center includes the following:
- Success Strategies Module with Student Advice videos and a Success Strategies Tip Sheet to ensure that students understand course expectations (and how they may differ from other courses) and how to best plan and prepare so as to be successful in the introductory accounting course. The Student Advice video messages feature real introductory accounting students giving guidance to students who are just starting the course about what it takes to be successful in introductory accounting.
- Math Review Module, designed to help students get up to speed with necessary math skills, includes math review assignments and Show Me How math demonstration videos to ensure that students have an understanding of basic math skills, including: whole number operations, decimal operations and rounding, percentage operations and conversion, fraction operations, converting numbers expressed in one form to a different form, positive and negative numbers, and ratios and averages.
- Hallmark features:
- Activation Exercises in CengageNOWv2: These author-written Activation Exercises focus on helping students develop a better understanding of (1) key terms and definitions, (2) the economics of business transactions, (3) how these transactions are recorded in the accounting system, and where relevant, (4) how these transactions are ultimately reflected in the financial statements. The Activation Exercise interactive structure builds the critical thinking skills that are necessary for students to succeed and can be used as an introduction to topics or for review and assessment. Activation Exercises are assignable/gradable in CengageNOWv2.
- Blueprint Problems in CengageNOWv2: Blueprint Problems are teaching problems that walk students through a single accounting topic. These problems cover the primary learning objectives and are designed to help students understand foundational content and the associated building blocks versus memorizing the formulas or journal entries. Blueprint Problems are assignable/gradable in CengageNOWv2.
- Blueprint Connections in CengageNOWv2: Blueprint Connections are scenario-based teaching problems that solidify concepts and demonstrate their interrelationships, as well as promote critical thinking. Blueprint Connections combine multiple topics, allowing students to explore a larger concept more fully, and strengthen analytical skills. Blueprint Connections are assignable/gradable in CengageNOWv2.
- Video: Animated Activities in CengageNOWv2: Animated Activities are engaging animated scenarios that visually guide students through selected core topics in introductory accounting. Each activity uses a realistic company example to illustrate how the concepts relate to the everyday activities of a business. These activities include multiple-choice questions that gauge student understanding of the overarching chapter concepts. Animated Activities are assignable/gradable in CengageNOWv2 and available for self-study and review.
- EXCEL "Try It" TUTORIALS in CengageNOWv2: Located in the Study Tools Tab in CengageNOWv2, these activities provide students with basic tutorials on how to use Excel to solve accounting problems. Students practice accounting and manipulate spreadsheets using basic Excel® formulas in a simple step-by-step format. The tutorials reinforce the accounting concepts and help build students' Excel competency.
15. Investments and Fair Value Accounting.
16. Statement of Cash Flows.
17. Financial Statement Analysis.
18. Managerial Accounting Concepts and Principles.
19. Job Order Costing.
20. Process Costing Systems.
21. Cost Behavior and Cost-Volume-Profit Analysis.
23. Performance Evaluation Using Variances from Standard Costs.
24. Performance Evaluation for Decentralized Operations.
25. Differential Analysis, Product Pricing, and Activity-Based Costing.
26. Capital Investment Analysis.
"These exercises [Activation Exercises in CNOWv2] are interactive and actually allow students to experiment with the data, visually viewing the impact when data is altered. The exercises show not only how a transaction looks in the journal and ledger accounts, but also the impact it ultimately has on financial statements. Finally, students are challenged to analyze the overall impact of a transaction by answering questions related to the topic. This is an excellent learning tool."
"Multi-Panel View [in CNOWv2] makes it much easier for students to see how each piece of the accounting cycle impacts the other pieces. Having it all in one view reduces student frustration and gives them a clearer picture of the complete accounting cycle."
"Good tool [Blank Sheet of Paper Experience in CNOWv2] to make students understand concepts without overly relying on technology's help."
"I like it [Blank Sheet of Paper Experience in CNOWv2] because it appears to bridge the gap between the homework and my exam."
"This [Blank Sheet of Paper Experience in CNOWv2] will minimize students' complaints about how the exam looks different from the homework format."
"I like the adaptive feedback [in CNOWv2]. It will reduce a number of errors that cause students to give up."