Horngren's Accounting, 14th edition

Published by Pearson (September 22, 2023) © 2024

  • Tracie Miller-Nobles Austin Community College, Texas
  • Brenda Mattison Tri-County Technical College

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For courses in financial and managerial accounting.

Expanding on proven success with Horngren's accounting

Horngren's Accounting presents the core content of principles of accounting courses in a fresh format designed to help today's learners succeed. The text's pedagogy and content use leading methods in teaching students critical foundational and emerging topics in the field of accounting, all tested in class by the authors themselves.

With this in mind, the 14th Edition continues its focus on readability and student comprehension. Added emphasis on data analytics and guidance in Excel® ensure accounting students are well prepared to make optimal business decisions.

Hallmark features of this title

  • Tying It All Together boxes connect key concepts using companies in the chapter openers.
  • Effect on the Accounting Equation illustrations reinforce connections between recording transactions and the effect they have on the accounting equation.
  • Instructor Tips & Tricks mimic the experience of having a teacher walk a student through concepts on the “board”.
  • Common Questions, Answered offers added help with patterns and rules that consistently confuse students.
  • Decision boxes highlight common questions that business owners face. They prompt students to determine a course of action based on concepts covered in the chapter.
  • Things You Should Know boxes provide brief reviews of each learning objective presented in a Q&A format, helping students prepare for exams.

New and updated features of this title

  • UPDATED: Focus on Data Analytics (DA) includes DA Projects and DA in Accounting boxes and is targeted for students at all levels, from beginner to advanced. Students learn foundational concepts and see how real companies use DA to report financial information and make decisions.
  • NEW: Excel Tutorial Videos provide step-by-step instructions on how to solve problems using Excel. They accompany the Excel Projects and help students strengthen their computer skills.
  • NEW: Accounting in Your Career boxes highlight the role of accounting in businesses and various positions that require accounting knowledge. Discussion of CPA, CMA, CGMA, and CFP certifications help students understand the importance of these credentials in today's job market.
  • UPDATED: Chapter openers, Tying It All Together features, and financial statement analysis companies (PepsiCo, Inc. and The Coca-Cola Company) have been updated with current company financial information.
  • NEW: Coverage of the impact of COVID-19 details the tremendous impact the pandemic had on companies' financial statements.
  • UPDATED: End-of-chapter exercises and problems contain updated years and organizations' financial info.

Features of MyLab Accounting for the 14th Edition

  • NEW: Data Analytics Projects offer students hands-on practice in analyzing and reporting data. Projects contain a list of requirements, dataset, tutorial video, and instructions for using software such as Excel, Power BI, or Tableau.
  • NEW: Auto-graded Excel Projects let you seamlessly integrate Excel® content into your course without having to manually grade spreadsheets.
  • NEW: Algorithmic Workout Problems have been added to each chapter in MyLab. They help you assess students' understanding of the chapter content.
  • Assign problems through a variety of Question Types, including Final Answer, Open Response, Static, Algorithmic Testbank, Excel Projects, and General Ledger questions.
  • The Accounting Cycle Tutorial lets students practice each step of the accounting cycle using engaging, interactive content.
  • Videos explore multiple business topics related to the theory students are learning in class. Exercise quizzes assess students' comprehension of the concepts in each video.

THE FINANCIAL CHAPTERS

  1. Accounting and the Business Environment
  2. Recording Business Transactions
  3. The Adjusting Process
  4. Completing the Accounting Cycle
  5. Merchandising Operations
  6. Merchandise Inventory
  7. Accounting Information Systems
  8. Internal Control and Cash
  9. Receivables
  10. Plant Assets, Natural Resources, and Intangibles
  11. Current Liabilities and Payroll
  12. Partnerships
  13. Corporations
  14. Long-Term Liabilities
  15. Investments
  16. The Statement of Cash Flows
  17. Financial Statement Analysis

APPENDICES

  1. Present Value Tables and Future Value Tables

THE MANAGERIAL CHAPTERS

  1. Introduction to Managerial Accounting
  2. Job Order Costing
  3. Process Costing
  4. Cost-Volume-Profit Analysis
  5. Master Budgets
  6. Flexible Budgets and Standard Cost Systems
  7. Cost Allocation and Responsibility Accounting
  8. Short-Term Business Decisions
  9. Capital Investment Decisions

APPENDICES

  1. Present Value Tables and Future Value Tables
  2. The Statement of Cash Flows
  3. Financial Statement Analysis

About our authors

Tracie L. Miller-Nobles, CPA, is an associate professor at Austin Community College. She has teaching experience at the community college and university level. Professor Miller-Nobles received her master's degree in accounting from Texas A&M University and is working on her doctoral degree in Adult Education also from Texas A&M University. Her research interest includes financial literacy education, adult learning theories, and online learning. She has public accounting experience with Deloitte Tax LLP.

Professor Miller-Nobles is on the Board of Directors for the American Accounting Association (AAA) as Director-Focusing on Members. She has served in leadership roles for AAA's Teaching, Learning, and Curriculum section and AAA's Two Year College section and was a member of the Pathway's Commission on Accounting Higher Education. Prof. Miller-Nobles is also on the Board of Directors for Teachers of Accounting at Two Year Colleges (TACTYC) as Secretary/Webmaster. She is an active member of the American Institute of Certified Public Accountants (AICPA) Consumer Financial Education Advocates committee. At the state level, she serves on the Relations with Educational Institutes for the Texas Society of Certified Public Accountants (TXCPA).

Tracie has received several teaching and professional awards including the AAA J. Michael and Mary Anne Cook Prize, TXCPA Outstanding Accounting Educator, TXCPA Rising Star, and the TXCPA Austin Chapter CPA of the Year. In her spare time, Tracie enjoys spending time with her husband, Kevin, his 3 kids, Caleb, Josh, and Meggie, her parents, Kipp and Sylvia, and sister, Michelle. She believes that camping and hiking is restorative and calming and that life was meant for good friends and great adventures. Tracie has been mentored by many wonderful colleagues and inspired by her students.

Brenda L. Mattison, CMA, has a bachelor's degree in education and a master's degree in accounting, both from Clemson University. She is currently an Accounting Instructor at Tri-County Technical College in Pendleton, South Carolina. Brenda previously served as Accounting Program Coordinator at TCTC and has prior experience teaching accounting at Robeson Community College, Lumberton, North Carolina; University of South Carolina Upstate, Spartanburg, South Carolina; and Rasmussen Business College, Eagan, Minnesota. She also has accounting work experience in retail and manufacturing businesses and is a Certified Management Accountant.

Brenda is a member of the American Accounting Association, Institute of Management Accountants, South Carolina Technical Education Association, and Teachers of Accounting at Two Year Colleges. She is currently serving on the Board of Directors as Vice President of Conference Administration of Teachers of Accounting at Two Year Colleges.

Brenda previously served as Faculty Fellow at Tri-County Technical College. She has presented at state, regional, and national conferences on topics including active learning, course development, and student engagement.

In her spare time, Brenda enjoys reading and spending time with her family. She is also an active volunteer in the community, serving her church and other organizations.

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