Saturday, November 30, 2013

Financial and Accounting Guide for Not-for-Profit Organizations (Wiley Nonprofit Authority), 8th Edition, John H. McCarthy CPA




A completely revised and expanded edition of the nonprofit industry finance and accounting standard Filled with authoritative advice on the financial reporting, accounting, and control situations unique to not-for-profit organizations, Financial and Accounting Guide for Not-for-Profit Organizations, Eighth Edition is recognized by professionals as the industry standard reference on not-for-profit finance and accounting. Prepared by the PricewaterhouseCoopers Not-for-Profit Industry Services Group, the book includes accounting, tax, and reporting guidelines for different types of organizations, step-by-step procedures and forms, and more. A new chapter on public debt has also been added.

Presents the latest updates to regulatory reporting and disclosure changes in recent years
Reflects the totally revamped and revised AICPA accounting and audit guide for not-for-profit organizations
Addresses concerns of all nonprofit organizations, including health and welfare organizations, colleges and universities, churches and other religious organizations, libraries, museums, and other smaller groups
Includes step-by-step procedures and forms, detailed explanations of financial statements, and a how-to section on setting up and keeping the books

Financial and Accounting Guide for Not-for-Profit Organizations, Eighth Edition is the completely revised and expanded new edition of the bestselling not-for-profit accounting guide.

From the Back Cover
Completely revised and expanded edition of the nonprofit industry's bestselling finance and accounting standard The accounting environment has changed dramatically over the past ten years, especially in the nonprofit sector. Filled with authoritative advice on the financial reporting, accounting, and control situations unique to not-for-profit organizations, this new updated Eighth Edition of Financial and Accounting Guide for Not-for-Profit Organizations addresses the many changes that have recently affected the finance and accounting practices of the nonprofit sector, with a focus on fair value accounting.

Representing the collaborative efforts of many expert PricewaterhouseCoopers professionals, Financial and Accounting Guide for Not-for-Profit Organizations presents the accounting and reporting guidelines for different types of nonprofits, complete guidance on tax and compliance reporting requirements, illustrated explanations of various acceptable financial statements, a how-to section on setting up and keeping the books with step-by-step procedures and forms, and commentary on computers and accounting software.

Highlighting organizations that have fully integrated "net asset" accounting into their financial reporting, this completely revised and streamlined Eighth Edition has been updated to include:

The latest updates on regulatory reporting and disclosure changes
The introduction of fair value accounting, which affects the ways in which investments, contributions receivable, and split interest agreements are viewed and valued
Completely revamped and revised AICPA accounting and audit guidelines for nonprofit organizations
Many new topics, including microfinance and expanded disclosure on gifts-in-kind accounting, valuation, and reporting
A new chapter on the municipal bond market
FASB Codification and how to find accounting literature
A new appendix addressing the convergence of IFRS with U.S. GAAP

Long recognized as the industry-standard reference on not-for-profit finance and accounting, Financial and Accounting Guide for Not-for-Profit Organizations is a must-have for nonprofit accountants and financial managers, nonprofit executives and directors, boards of directors/trustees, and CPAs for nonprofit organizations.

As a celebratory bonus, when you purchase this print version, you will also receive a free e-book download of Financial and Accounting Guide for Not-for-Profit Organizations, Eighth Edition. For details, see the inside back cover of this book.

About the Author
JOHN H. McCARTHY served as the national leader of PricewaterhouseCoopers' Education and Nonprofit Practice before his retirement in 2005. Since then, he has served as the Senior Vice President for Administration and Finance at Northeastern University, an adjunct lecturer at Harvard University's Kennedy School of Government, and on the boards of several educational and nonprofit institutions.

NANCY E. SHELMON retired as a senior partner from PricewaterhouseCoopers in 2010 after more than thirty years working with not-for-profit and higher education clients. A frequent speaker at AICPA and state society conferences, she also served as a member of the AICPA's Not-for-Profit Expert Panel for eleven years and has worked with some of the most widely respected not-for-profit organizations in North America.

JOHN A. MATTIE serves as PricewaterhouseCoopers' National Education and Nonprofit Practice Leader. He currently serves on the Financial Accounting Standards Board Not-for-Profit Advisory Committee, and is the firm's representative on the AICPA Not-for-Profit Entities Expert Panel and the AICPA Government Audit Quality Control Center.

Product Details :

  • Series: Wiley Nonprofit Authority (Book 6)
  • Hardcover: 714 pages
  • Publisher: Wiley; 8 edition (March 6, 2012)
  • Language: English
  • ISBN-10: 1118083660
  • ISBN-13: 978-1118083666
  • Product Dimensions: 1.5 x 7.4 x 10.3 inches


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Friday, November 29, 2013

Risk Management, 1st Edition, Michel Crouhy




This is the all-in-one banker's and financial manager's guide for implementing and using an effective risk management program. In today's world of multibillion-dollar credit losses and bailouts, it has become increasingly imperative for corporate and banking leaders to monitor and manage risk on all fronts. "Risk Management" introduces and explores the latest financial and hedging techniques in use around the world, and provides the foundation for creating an integrated, consistent, and effective risk management strategy.The tested and comprehensive analysis and insights in "Risk Management" give bankers and financial managers all the necessary information for: Risk Management Overview - from the history of risk management to the new regulatory and trading environment, a look at risk management past and present; Risk Management Program Design - techniques to organize the risk management function, and design a system to cover your organization's many risk exposures; and, Risk Management Implementation - how to use the myriad systems and products value at risk (VaR), stress-testing, derivatives, and more for measuring and hedging risk in today's marketplace. In the financial world, the need for a dedicated risk management framework is a relatively recent phenomenon. But as the Long-Term Capital Management and BankAmerica crises attest, lack of up-to-date knowledge concerning its many components can be devastating.

For financial managers in both the banking and business environments, "Risk Management" will introduce and illustrate the many aspects of modern risk management and strengthen every financial risk management program. Exploding global competition, increasing regulations, and the ever-changing product mix of innovative, intricate derivative and securitization products have pushed risk management to the forefront of today's financial landscape. Corporate and banking executives trying to make sense of this environment often find themselves wasting valuable time searching for details and actually creating risk through innocent misinterpretations or misguided hedging strategies. "Risk Management" consolidates the entire field of corporate risk administration from data and technological infrastructure to investment and hedging strategies that include innovative derivatives credit risk securitization techniques into one all-inclusive, easily accessible reference.Michel Crouhy, Dan Galai, and Robert Mark, seasoned finance professionals with an unmatched breadth of experience covering banking, corporate, and academic risk management applications walk you through risk management with the focus on concrete, results-oriented tips and analysis.

The result is, quite frankly, the only reference you'll need for a quick, thorough understanding of today's complex financial risk management challenges.Look to the expert analysis and proven suggestions in "Risk Management" for a no-nonsense overview of: Integrated Risk Management - how to understand and develop the necessary tools for measuring and managing all of your firm's risk in terms of a common unit; Regulatory Environment - group of 30 (G-30) policy recommendations, BIS 1998 models, and the standardized approach proposed by the Basle Committee; Market Risk- new rules set by the SEC for traded companies to disclose their risk management policies and quantify their exposure to market risk; Practical Measurement Issues - utilizing historical, implied, and stochastic models to measure volatility, plus helpful summaries of measuring correlations and the yield curve; and, Future Considerations - expected conditions and effects of the BIS 2000+ Accord, with review of the G-12 recommendations to improve counter party risk management practices. Never before have the fields of banking and corporate financial risk management been as complicated and the stakes as unyielding. Whether used as an essential resource for institutional financial risk management, a comprehensive text for courses concentrating on bank risk management, or simply as an unprecedented reference covering every important aspect of the discipline, "Risk Management" will bring you up-to-date on an area that promises to increase in importance as we enter the uncharted waters of the 21st century.

From the Back Cover
The All-in-One Banker’s and Financial Manager’s Guide for Implementingæand Usingæan Effective Risk Management Program In today’s world of multibillion-dollar credit losses and bailouts, it has become increasingly imperative for corporate and banking leaders to monitor and manage riskæon all fronts. Risk Management introduces and explores the latest financial and hedging techniques in use around the world, and provides the foundation for creating an integrated, consistent, and effective risk management strategy.

The tested and comprehensive analyses and insights in Risk Management give bankers and financial managers all the necessary information for: * Risk Management Overview--From the history of risk management to the new regulatory and trading environment, a look at risk management past and present * Risk Management Program Design--Techniques to organize the risk management function, and design a system to cover your organization’s many risk exposures * Risk Management Implementation--How to use the myriad systems and productsævalue at risk (VaR), stress-testing, derivatives, and more for measuring and hedging risk in today’s marketplace

In the financial world, the need for a dedicated risk management framework is a relatively recent phenomenon. But as the Long-Term Capital Management and BankAmerica crises attest, lack of up-to-date knowledge concerning its many components can be devastating. For financial managers in both the banking and business environments, Risk Management will introduce and illustrate the many aspects of modern risk managementæand strengthen every financial risk management program.

Exploding global competition, increasing regulations, and the ever-changing product mix of innovative, intricate derivative and securitization products have pushed risk management to the forefront of today’s financial landscape. Corporate and banking executives trying to make sense of this environment often find themselves wasting valuable time searching for detailsæand actually creating risk through innocent misinterpretations or misguided hedging strategies.

Risk Management consolidates the entire field of corporate risk administrationæfrom data and technological infrastructure to investment and hedging strategies that include innovative derivatives credit risk securitization techniquesæinto one all-inclusive, easily accessible reference. Michel Crouhy, Dan Galai, and Robert Markæseasoned finance professionals with an unmatched breadth of experience covering banking, corporate, and academic risk management applicationsæwalk you through risk management with the focus on concrete, results-oriented tips and analysis.

The result is, quite frankly, the only reference you’ll need for a quick, thorough understanding of today’s complex financial risk management challenges. Look to the expert analysis and proven suggestions in Risk Management for a no-nonsense overview of: * Integrated Risk Management--How to understandæand develop the necessary tools for measuring and managing all of your firm’s risk in terms of a common unit * Regulatory Environment--Group of 30 (G-30) policy recommendations, BIS 1998 models, and the standardized approach proposed by the Basle Committee * Market Risk--New rules set by the SEC for traded companies to disclose their risk management policies and quantify their exposure to market risk * Practical Measurement Issues--Utilizing historical, implied, and stochastic models to measure volatility, plus helpful summaries of measuring correlations and the yield curve * Future Considerations--Expected conditions and effects of the BIS 2000+ Accord, with review of the G-12 recommendations to improve counterparty risk management practices

Never before have the fields of banking and corporate financial risk management been as complicatedæand the stakes as unyielding. Whether used as an essential resource for institutional financial risk management, a comprehensive text for courses concentrating on bank risk management, or simply as an unprecedented reference covering every important aspect of the discipline, Risk Management will bring you up-to-date on an area that promises to increase in importance as we enter the uncharted waters of the 21st century.

About the Author
Michel Crouhy, Ph.D., is senior vice president, Global Analytics, Risk Management Division at Canadian Imperial Bank of Commerce (CIBC), where he is in charge of market and credit risk analytics. He has published extensively in academic journals, is currently associate editor of both Journal of Derivatives and Journal of Banking and Finance, and is on the editorial board of Journal of Risk.

Dan Galai, Ph.D., is the Abe Gray Professor of Finance and Business Administration at the Hebrew University and a principal of Sigma P.C.M. Dr. Galai has consulted for the Chicago Board Options Exchange and the American Stock Exchange and published numerous articles in leading journals. He was the winner of the First Annual Pomeranze Prize for excellence in options research presented by the CBOE.

Robert Mark, Ph.D., is senior executive vice president at the Canadian Imperial Bank of Commerce. Dr. Mark is the chief risk officer at CIBC and is a member of the senior executive team of the bank. In 1998, he was named Financial Risk Manager of the Year by the Global Association of Risk Professionals (GARP).

Product Details :

  • Hardcover: 752 pages
  • Publisher: McGraw-Hill; 1 edition (October 30, 2000)
  • Language: English
  • ISBN-10: 0071357319
  • ISBN-13: 978-0071357319
  • Product Dimensions: 2.1 x 6.2 x 9.1 inches


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Value Maps: Valuation Tools That Unlock Business Wealth, 1st Edition, Warren D. Miller




Praise for VALUE MAPS
"Equivocator, Explorer, Experimenter, Exploiter, Extender—Chapter 12 might be well served as mandatory reading for all subject matter experts! SPARC is not a valuation, per se, but rather a separate consulting engagement that might interest a client—especially if that client is preparing for a sale or planning an exit strategy. Miller has taken the good ideas from five disciplines and married them with value enhancement, creating what could become a very good 'add-on' consulting engagement. NACVA recommends, and looks forward to, further dialogue related to this new approach. This book will open your eyes to new opportunities." —Parnell Black, MBA, CPA, CVA, Chief Executive Officer, National Association of Certified Valuation Analysts (NACVA)

"No one illuminates the murky intersection where business strategy and private company value creation meet better than Warren Miller. Now he's focused his extensive professional training and real-world experience to produce this intellectually rich, yet down-to-earth and fun-to-read road map we can all use. Business owners and leaders, financial analysts, management consultants, wealth managers, CPAs, business brokers, private equity investors, business appraisers—no one should plan to increase the value of an enterprise without Value Maps in their passenger seat." —David Foster, CEO, Business Valuation Resources

"Private-equity analysts do not often come across scholarly and technical professional reading laced with laugh-out-loud moments! Yet this is exactly what one finds in Value Maps. Warren Miller's advice stems from his career as a finance executive, a CPA, a valuation analyst, and a 'recovering academic.' With pitch-perfect balance, Warren has created both a must-have professional reference guide and a best-practices road map designed to enhance the profitability of your client's business and your own—all in a very readable style with just a 'spoon-full of sugar.' Enjoy the read!" —Gary M. Karlitz, ASA, CPA, Partner-in-Charge, Valuation Services, Forensic Services, and Forensic Accounting, Citrin Cooperman & Company, LLP

"Extremely readable, with numerous real-world examples—valuation specialists who don't read this book will soon be looking for a new profession. Miller takes the term 'valuation' to new levels, suggesting that appraisers can indeed add real value to their clients' businesses. Clients should demand that a valuation professional read this book before he or she will be hired." —Alfred M. King, Vice Chairman, Marshall & Stevens, Inc.

From the Inside Flap
Valuing non-public companies is about more than numbers. That is because most closely held companies face no shareholder mandate to maximize profit. Without such pressure, a private company can pursue other objectives, including tax minimization. Not pursuing profit maximization can produce unusual performance metrics that stand out in comparison with industry composites of public companies. These metrics are sometimes superior to those in a composite; more often, they are inferior. In either case, the question is "Why?" To answer it, analysts must uncover underlying cause-and-effect relationships. Those relationships frame the analysis of how a firm creates value or why it doesn't. Private-equity analysts need tools to spot such relationships, gauge why value is or isn't created, and assess the durability of value-creating mechanisms. Traditional tools from finance are no help.

Author, speaker, and valuation expert Warren Miller explains how to guide client companies through self-assessment using the five-dimension SPARC framework: Strategy, People, Architecture, Routines, Culture. This framework helps analysts uncover the cause-and-effect relationships that explain business performance. In conjunction with Excel-based software accessible at wiley.com, the resulting value map lights the way for valuation professionals and consultants to help client companies increase business value.

Value Maps provides thorough coverage of:

Why traditional approaches to valuing a privately owned business are incomplete The one level of the SPARC framework that matters far more than the others Why benchmarking a company against a public-company composite is the first step in value enhancement Using the framework and tools offered by Value Maps, analysts, business appraisers, and consultants are provided with a nuts-and-bolts guide to enhancing the value of businesses in a way that can be replicated across the existing client bases of analysts and consultants.

With twenty-two vignettes illustrating real-world applications of the SPARC framework, Value Maps walks you step by step through a rigorous process to help companies unlock wealth.

About the Author
WARREN D. MILLER, CFA, ASA, CPA, is a cofounder of Beckmill Research LLC, a firm that specializes in valuations, mergers and acquisitions, strategy, litigation support, exit planning, and statistics-driven research. He has taught CPAs and other professionals in thirty states, Puerto Rico, and Canada. His work has been published in Harvard Business Review, Business Valuation Review, CFA Magazine, Strategic Finance, CPA Expert, Value Examiner, and American Fly Fisher. He and his wife, Beckmill cofounder Dorothy Beckert, live in Virginia's breathtaking Shenandoah Valley.

Product Details :

  • Hardcover: 408 pages
  • Publisher: Wiley; 1 edition (June 8, 2010)
  • Language: English
  • ISBN-10: 0470437561
  • ISBN-13: 978-0470437568
  • Product Dimensions: 1.3 x 7.4 x 10.3 inches


More Details about Value Maps: Valuation Tools That Unlock Business Wealth, 1st Edition

Financial Services Firms: Governance, Regulations, Valuations, Mergers, and Acquisitions (Wiley Corporate F&A), 3rd Edition, Zabihollah Rezaee




From the Inside Flap
Presenting new regulatory and corporate governance measures for the financial services industry in the post-bailout era—including the Dodd-Frank Act of 2010 and Basel Committee requirements—Financial Services Firms, Third Edition offers valuable guidance for CEOs, CFOs, CPAs, attorneys, bankers, and business appraisers in assessing risks, measuring performance, analyzing financial information, establishing corporate governance measures, and conducting valuations processes. This important book is an authoritative source in the areas of consolidation, convergence, competition, deregulations, accounting and auditing standards, corporate governance, business sustainability, and technological advances.

At once a beneficial primer for those with a cursory knowledge of banking, valuation, and mergers, as well as a useful reference for seasoned professionals, this book helps you understand the entire valuation process from a mergers and acquisition perspective.

Renowned financial expert Zabihollah Rezaee offers up-to-the-minute, straightforward guidance on:

New and emerging federal regulations for financial institutions and financial services

Initiatives affecting financial reporting and auditing functions

Technological advances and globalization

Sarbanes-Oxley Act (SOX) and Securities and Exchange Commission (SEC)-related implementation rules

The Dodd-Frank Act, Basel Committee, and auditing standards issued by the Public Company Accounting Oversight Board (PCAOB)

Recent financial accounting standards under U.S. Generally Accepted Accounting Principles (GAAP) and International Financial Reporting Standards (IFRS)

Emerging financial reporting and auditing initiatives, including the movement toward IFRS and PCAOB Auditing Standards as well as the use of eXtensible Business Reporting Language (XBRL) reporting platform

Convergence in the global corporate governance reforms

The impact of geographic and product deregulations, accounting standards, and global competition on future convergence in the financial services industry

Financial Services Firms, Third Edition is the ideal sourcebook to help you keep up with—and benefit from—the changes in this important industry.

From the Back Cover
Now that the dust has settled from the government bailouts, it's time to take a look at the new best practices in governance, regulations, valuations, mergers, and acquisitions A recent report from the Financial Crisis Inquiry Commission (FCIC) suggested the 2007–2009 financial crisis—caused by ineffective regulations that failed to ensure the soundness of the financial system—could have been avoided.

Thoroughly updated, Rezaee's Financial Services Firms, Third Edition presents a new regulatory framework for financial institutions in the post-bailout era. This book answers important questions surrounding financial institutions, their challenges, and their opportunities in the post-Sarbanes-Oxley era with a clear look at:

Emerging initiatives affecting financial reporting and governance functions

Recent financial accounting standards under GAAP and IFRS on business combinations and fair value

The Dodd-Frank Act of 2010 and its related implementation rules

SOX- and SEC-related implementation rules

Executive compensation standards for the banking industry

Bailouts of troubled financial institutions

Government efforts to influence bank rescues through the Trouble Asset Relief Program (TARP)

Whether you are a financial analyst, mergers and acquisitions appraiser, regulator, banker, or auditor, you need the latest coverage on the changes taking place in the financial services industry with the expert advice found in Financial Services Firms, Third Edition.

About the Author
ZABIHOLLAH REZAEE, PhD, CPA, CFE, CMA, CIA, CGFM, is the Thompson-Hill Chair of Excellence and Professor of Accountancy at the University of Memphis and has served a two-year term on the Standing Advisory Group (SAG) of the PCAOB. He is a prolific writer, having published six books and 190 articles in a variety of accounting and business journals.

I used primarily the chapters on valuation of core deposits and enterprise value. Very good detail - if it is supporting any kind of professional advisory endeavors this book is well worth the money.

Product Details :

  • Series: Wiley Corporate F&A (Book 14)
  • Hardcover: 582 pages
  • Publisher: Wiley; 3 edition (August 9, 2011)
  • Language: English
  • ISBN-10: 0470604476
  • ISBN-13: 978-0470604472
  • Product Dimensions: 7.5 x 10.2 inches


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The Market Approach to Valuing Businesses, 2nd Edition, Shannon P. Pratt




From the Inside Flap
The market approach is an increasingly popular way to determine a business's value—for both buyers and sellers. Praised for its objectivity, this approach reviews the annual sales and other financial variables of comparable businesses for guidance in valuation. When well implemented, the market approach is the model most favored by the IRS and the United States Tax Court.

You could say that Shannon Pratt wrote the book on the market approach. Published in 2000, his groundbreaking book The Market Approach to Valuing Businesses set the standards and explained the theory and methodology for this evolving approach. Expanded and updated to encompass the latest rulings and source data, the new Second Edition is an indispensable reference for beginning and experienced appraisers, intermediaries, buyers, sellers, attorneys, CPAs, or judges. It covers:

Both The Guideline Public Company Method and The Merger & Acquisition (Transaction) Method
A discussion of past transactions, offers to buy, rules of thumb, and buy-sell agreements
Pricing for purchases and sales
Valuation for gift and estate taxes and marital dissolution
Shareholder matters, including dissenting stockholder suits and resolutions of value under buy-sell agreements
How to find and analyze comparative market transaction data
Analysis of the most recent cases in family law, tax, and shareholder dispute courts

Complete with sample cases, an extensive bibliography, an appendix on data resources, the Quantitative Marketability Discount Model, and a list of business brokers and their specialties, The Market Approach to Valuing Businesses is an authoritative, state-of-the-art treatise for both valuation professionals and nonprofessionals.

From the Back Cover
Your Best Approach to Determining Value If you're buying, selling, or valuing a business, how can you determine its true value? By basing it on present market conditions and sales of similar businesses. The market approach is the premier way to determine the value of a business or partnership. With convincing evidence of value for both buyers and sellers, it can end stalemates and get deals closed. Acclaimed for its empirical basis and objectivity, this approach is the model most favored by the IRS and the United States Tax Court—as long as it's properly implemented.

Shannon Pratt's The Market Approach to Valuing Businesses, Second Edition provides a wealth of proven guidelines and resources for effective market approach implementation. You'll find information on valuing and its applications, case studies on small and midsize businesses, and a detailed analysis of the latest market approach developments, as well as:

A critique of US acquisitions over the last twenty-five years
An analysis of the effect of size on value
Common errors in applying the market approach
Court reactions to the market approach and information to help you avoid being blindsided by a litigation opponent

Must reading for anyone who owns or holds a partial interest in a small or large business or a professional practice, as well as for CPAs consulting on valuations, appraisers, corporate development officers, intermediaries, and venture capitalists, The Market Approach to Valuing Businesses will show you how to successfully reach a fair agreement—one that will satisfy both buyers and sellers and stand up to scrutiny by courts and the IRS.

About the Author
Shannon P. Pratt, CFA, FASA, MCBA, CM&AA, is the Chairman and CEO of Shannon Pratt Valuations, Inc. a premier business valuation firm located in Portland Oregon, and is the founder and Editor Emeritus of Business Valuation Resources, LLC. Over a distinguished career of close to four decades, he has performed valuation engagements for M&A, ESOPs, gift and estate taxation, marital dissolution, shareholder oppression and dissent, and numerous other purposes. He has conducted numerous fairness and solvency opinions, has testified in a wide variety of federal and state courts across the country, and frequently participates in arbitration and mediation proceedings. Dr. Pratt is one of the most successful and respected authors in his field. He is the author or coauthor of several industry standards, including Valuing a Business: The Analysis and Appraisal of Closely Held Companies, Valuing Small Businesses and Professional Practices, The Market Approach to Valuing Businesses, Standards of Value, Business Valuation and Taxes, The Lawyer's Business Valuation Handbook, and Cost of Capital.

Product Details :

  • Hardcover: 432 pages
  • Publisher: Wiley; 2 edition (November 25, 2005)
  • Language: English
  • ISBN-10: 0471696544
  • ISBN-13: 978-0471696544
  • Product Dimensions: 1.4 x 6.3 x 9.1 inches


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Thursday, November 28, 2013

Advanced Financial Accounting, 8th Edition, Richard Baker




The eighth edition of Advanced Financial Accounting is an up-to-date, comprehensive, and highly illustrated presentation of the accounting and reporting principles used in a variety of business entities. The new edition continues to provide strong coverage based on continuous case examples that tie all of the disparate details of Advanced Accounting together for the students. The text is highly illustrated with complete presentations of worksheets, schedules, and financial states so that students can see the development of each topic. Inclusion of all recent FASB and GASB pronouncements and the continuing deliberations of the authoritative bodies provide a current and contemporary text for students preparing for the CPA Exam and current practice. The book's building block approach introduces concepts with simple examples and then gradually introduces complexity, allowing students to easily keep pace with the material.

I have used this book in conjunction with Gleim's CPA review books in preparation for FARE section of the CPA exam. Excellent supplement especially if you look for technical aspects of purchase/pooling accounting. The chapters on consolidation are truly outstanding. Very thorough and comprehensive. The only drawback as with many other textbooks is the lack of answer keys at the end of the chapter. Overall, I would definitely recommend getting it.

I liked this textbook because it is nice and clean and uncluttered inside, however I think that the content could have been better. I had trouble with the first chapter having to do with business combinations in that every time a journal entry was recorded, I had no idea whether the author was referring to the common stock of the purchasing company or the common stock of the selling company. After a while, I finally figured it out, but I thought the problem could have been avoided by being more clear. There are many more examples that I have like this one. I may be being picky about the book seeing as how I took this course via independent study, so I did not have the ability to ask an instructor specific questions. I just think that the authors could have done a better job being more clear on many things. In the end, I did end up getting a A in the course!

This book covers special accounting entities that are not covered in Intermediate Accounting. This book has become helpful in the different organizations I have been employed. Although the material in this book is a lot - it is necessary. Has an excellent section for Not-for-Profit accounting.

I bought this book for school. The delivery was awesome. The price was great. I would recommend any college student to check out this site for cheap textbooks.

This is only the 3rd textbook I have ever ordered online and I was blown away! The binding was barely cracked, and not a highlight in it! I had to check my account to see if I was accidentally charged for a new book-but "this" was considered used. When they say very good condition they really mean it, and the price was fantastic. A million thank you's I will order from you guys anytime!

Product Details :

  • Hardcover: 1088 pages
  • Publisher: McGraw-Hill/Irwin; 8 edition (September 23, 2008)
  • Language: English
  • ISBN-10: 0073526916
  • ISBN-13: 978-0073526911
  • Product Dimensions: 1.7 x 8.6 x 10.8 inches


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Financial Fraud Prevention and Detection: Governance and Effective Practices (Wiley Corporate F&A), 1st Edition, Michael R. Young




From the Inside Flap
Financial fraud is devastating to a company on many levels. Financial losses are only the beginning. Board members may find their reputations ruined. Executives may end up in prison. The company brand can take years to recover. Creating a corporate infrastructure that minimizes opportunities for financial fraud along with a company culture that works to keep employees in line will help ensure that fraudulent financial reporting never darkens your corporate doorstep. Financial Fraud Prevention and Detection shows you how to prevent and detect financial fraud with concrete, practical advice that is readable and action-oriented.

Author Michael Young, a recognized authority on accounting fraud, exposes the types of corporate environments that can incite fraud, allow it to fester, and ultimately create a crisis for a company. He also describes the best ways to extinguish the subsequent fires and efficiently get past the scandal. Brimming with expert advice, Financial Fraud Prevention and Detection explores:

How fraud begins
The path to corruption
Corporate governance blunders
The benefits and limitations of the Sarbanes-Oxley Act
Efficient recovery after fraud detection
The SEC and Department of Justice

Financial Fraud Prevention and Detection also provides innovative approaches to financial reporting that relieve the pressure to exaggerate financial results and stop financial fraud from ever happening.

A road map for fraud prevention and detection for corporate executives, board members, auditors, and investors, Financial Fraud Prevention and Detection is your protective armor in the battle against financial fraud.

From the Back Cover
Praise for Financial Fraud Prevention and Detection

"This book talks about financial fraud—the corporate environment that causes it, how it spreads, the kind of crises it can create for a company, and the best ways to deal with them. With its fast pace and lively style, it will reward any reader with an interest in the integrity of financial reporting." —Mario M. Cuomo, Former Governor, State of New York

"Savvy investors as well as CEOs and directors of both public and private companies should read and keep close to their desks Michael Young's riveting words on how to detect and prevent fraud. This is an important book, which is readable and action oriented." —Arthur Levitt, Former Chairman, Securities and Exchange Commission

"Michael Young's new book Financial Fraud Prevention and Detection is a must-read for anyone involved at a senior level in the financial reporting process at public companies, including CEOs and CFOs, audit committee and board members, internal and external auditors, and inside and outside legal counsel. It captures in an understandable, practical, and useful way his accumulated knowledge on preventing, detecting, and dealing with financial fraud. It will serve as an invaluable resource and handbook on this important topic." —Robert H. Herz, Former Chairman, Financial Accounting Standards Board

"If you want to understand the why's and wherefore's of fraudulent financial reporting, Michael Young's latest book is the one to read. Whether you are a corporate executive, director, accountant, securities lawyer, investor or just someone who deals regularly with financial statements, this book will walk you through the beginning stages of cooked books, the events that allow cooked books to flourish, and the fallout that occurs when the fraudulent activity is exposed. Mr. Young deals with the problem from a very practical standpoint, which makes his book even more valuable—it's mandatory reading." —James C. Treadway, Chairman, National Commission on Fraudulent Financial Reporting

"Financial fraud, unfortunately, will always be with us, but we can arm ourselves to understand how to deter and detect the motivations that lead to fraud and the clues around us. In this book, Michael Young provides an outstanding road map for understanding the players, the regulators, the environments, and the tools available to protect financial assets. I highly recommend this book to anyone with an interest in fraud deterrence and detection." —Michele Hooper, President and CEO, The Directors' Council; board member, National Association of Corporate Directors

About the Author
MICHAEL R. YOUNG is an internationally recognized expert on the causes and prevention of fraudulent financial reporting. He is the author of the Financial Reporting Handbook and Accounting Irregularities and Financial Fraud and has been recognized by Accounting Today as one of the top 100 most influential people in accounting. Young speaks throughout the country on financial reporting issues and has appeared on Fox Business, CNBC, CNN, and BNN (Canada). He lives in New York City and is a partner of Willkie Farr & Gallagher LLP where he chairs the firm's securities litigation and enforcement practice.

Product Details :

  • Series: Wiley Corporate F&A
  • Hardcover: 320 pages
  • Publisher: Wiley; 1 edition (October 7, 2013)
  • Language: English
  • ISBN-10: 1118617630
  • ISBN-13: 978-1118617632
  • Product Dimensions: 9.1 x 6.1 x 1.3 inches


More Details about Financial Fraud Prevention and Detection: Governance and Effective Practices (Wiley Corporate F&A), 1st Edition

Wednesday, November 27, 2013

Loose Leaf Fundamental Financial Accounting Concepts with Connect Plus, 4th Edition, Thomas Edmonds




Students are often overwhelmed by the amount of information presented in the introductory financial accounting course. By focusing on fundamental concepts in a logical sequence, students are able to fully comprehend the material rather than memorize seemingly unrelated terms and topics. The goal of Fundamental Financial Accounting Concepts is to enable students to understand how any given business event affects the financial statements. The "financial statements model" is a highly praised feature because it allows students to visualize the simultaneous impact of business events on all of the key financial statements (the income statement, the balance sheet, and the statement of cash flows).

About the Author
Thomas P. Edmonds, Ph.D.: Dr. Edmonds is Professor of Accountancy at the University of Alabama at Birmingham, (UAB). He has been actively involved in teaching accounting principles throughout his academic career. He has received several prestigious teaching awards, including the UAB President’s Excellence in Teaching Award and the distinguished Ellen Gregg Ingalls Award for excellence in classroom teaching. His academic experience includes being published in the Journal of Accounting Education, the Accounting Review, and the Journal of Accounting, Auditing and Finance among others. Dr. Edmonds received his Ph.D. in Accounting from Georgia State University.

Frances M. McNair, Ph.D., CPA: Dr. McNair holds the KPMG Peat Marwick Professorship of Accounting at Mississippi State University, (MSU) and received her Ph.D. in Accounting from the University of Mississippi. Her research has been published in the Journal of Accountancy, Management Accounting, and the Business and Professional Ethics Journal.

Philip R. Olds, Ph.D., CPA: Dr. Olds is Professor of Accounting at Virginia Commonwealth University, and received his Ph.D. from Georgia State University.

Don't throw away the plastic wrap- it has a card with the connect code in it! Of course, ours is gone so my husband will have to purchase a membership separately. Bummer. Also, the loose leaf is flimsy, as expected. The pages, particularly the first and last, have already fallen out of the three ring binder. I have to now go buy hole reinforcers to keep the rest of the book together. For the extra money I wish we bought the regular text book. Live and learn.

As for content- typical introductory accounting book. It's required, not as if we can choose which to buy. So enjoy?

Product Details :

  • Loose Leaf
  • Publisher: McGraw-Hill/Irwin; 4 edition (June 1, 2011)
  • Language: English
  • ISBN-10: 0077924428
  • ISBN-13: 978-0077924423
  • Product Dimensions: 1.1 x 8.3 x 10.6 inches


More Details about Loose Leaf Fundamental Financial Accounting Concepts with Connect Plus, 4th Edition

Accounts Payable Best Practices (Wiley Best Practices), 1st Edition, Mary S. Schaeffer




From the Inside Flap
The fundamental structure of the accounts payable function reflects a company’s financial integrity, yet so many payable operations in companies aren’t running at peak efficiency. Overlooking only a few weak accounts payable operations can adversely affect a company’s bottom line in a number of ways, from incurring costs to resolve discrepancies and fix errors to receiving fines for failing to comply with escheat or sales and tax rules. Accounts Payable Best Practices provides businesses and other organizations with a strong sense of where they stand against industry leaders and shows them how to take their services and organizational processes to state-of-the-art levels. Documented strategies and tactics employed by highly admired companies are presented–both successful and unsuccessful–to illustrate the real-world functionality of each process and approach.

Every chapter features a brief explanation of the process or topic being addressed to accompany the discussion of best practices. However, for a variety of reasons, some firms aren’t in a position to employ best practices. To bridge the gap between the latest theory and practice, Accounts Payable Best Practices identifies "Almost Best Practices." These special sections consider that not all practices will work at every company, and they offer successful alternatives to best practices. Also included are discussions on practices that absolutely should not be used, but may be practiced at other companies.

To address the renewed interest in internal audit and controls, such as the Sarbanes-Sarbanes-Oxley Act, the mundane operational aspects of accounts payable are reviewed in a way that focuses attention on issues that are sometimes ignored, such as the master vendor file. Other coverage in Accounts Payable Best Practices includes:

Innovative T&E techniques used at successful companies P-cards–an easy-to-understand innovation that is being adopted by companies everywhere 1099 reporting, sales and use tax handling and reporting, and unclaimed property Cash management initiatives that are increasingly falling on the shoulders of the accounts payable departments Case studies demonstrating how best practice helped real-world companies achieve outstanding results Accounts Payable Best Practices is an essential resource for accounts payable managers, controllers, and CFOs at every size company.

From the Back Cover
Praise for Accounts Payable Best Practices "Given the rapidly changing responsibilities of accounts payable operations, it’s critical to have a resource to keep you up to date–Accounts Payable Best Practices is that resource. Each chapter covers one area, identifying and explaining best practices and pinpointing worst practices that you should avoid. By implementing the recommended systems and processes, you can improve the efficiency and effectiveness of your department." —Jon Casher, Chairman, RECAP, Inc.

"Mary Schaeffer is the leading author on accounts payable practices. This book provides a complete compilation of practical advice on how an accounts payable department can improve the bottom line. You can pay thousands of dollars to consulting firms to learn the latest buzzwords about business processes, or you can buy this book and get practical tips for implementation." —Dr. Will Yancey, CPA, Independent Consultant

About the Author
Mary S. Schaeffer is the Editorial Director and Publisher of Accounts Payable Now & Tomorrow, a newsletter devoted to payment issues. She also pens, e-News from the AP Front, a complimentary e-zine for the payment community. She's the author of ten books and numerous magazine, newsletter and newspaper articles. Her books have been used in several certification programs. She is a member of the New York Financial Writers Association. She is currently working on two additional books for John Wiley & Sons.

The book is a good intro to AP best practices but it is missing the comprehensive approach of looking at the processes and policies end to end. This approach is what is needed to have drive transformational change, otherwise, AP department might change a process and have a negativeimpacted on the business or Procurement.

Product Details :

  • Series: Wiley Best Practices
  • Hardcover: 256 pages
  • Publisher: Wiley; 1 edition (April 26, 2004)
  • Language: English
  • ISBN-10: 0471636959
  • ISBN-13: 978-0471636953
  • Product Dimensions: 0.9 x 6.1 x 9.1 inches


More Details about Accounts Payable Best Practices (Wiley Best Practices), 1st Edition

Enterprise Risk Management: From Incentives to Controls, 1st Edition, James Lam




From the Inside Flap
Enterprise risk management is a complex yet critical issue that all companies must deal with as they head into the twenty-first century. It empowers you to balance risks with rewards as well as people with processes. But to master the numerous aspects of enterprise risk management, you must intergrate risk management into the culture and operations of the business. No one knows this better than risk management expert James Lam. In Enterprise Risk Management: From Incentives to Controls, Lam distills twenty years worth of experience in this field to give you a clear understanding of both the art and science of enterprise risk management.

Organized into four comprehensive sections, Enterprise Risk Management offers in-depth insights, practical advice, and real-world case studies that explore every aspect of this important field. Section I: "Risk Management in Context" provides an introduction and foundation for the rest of the book. You’ll learn why a company should strive for balance between risk and return, and discover some of the basic reasons why risk management is such an important issue in business today. You’ll also learn seven essential risk management lessons through discussions of some of the major financial disasters of years past. With this knowledge in hand, you’ll be introduced to some of the key concepts, processes, and tools underlying risk management.

In Section II: "The Enterprise Risk Management Framework," you’ll receive an executive education on the business rationale for integrating risk management processes, and discover the seven building blocks for developing an enterprise risk management program. You’ll also discover how the role of Chief Risk Officer has changed in today’s firm.

Section III: "Risk Management Applications" discusses the applications of risk management in two dimensions–functions and industries. You’ll become familiar with the functional requirements for credit, market, and operational risks, as well as learn how risk management has evolved from a control function to a function that enables performance optimization. Industry segments including financial institutions, energy firms, asset management firms, and nonfinancial corporations are also explored with an eye toward key business trends and risk management requirements in these sectors.

Section IV: "A Look to the Future" rounds out this comprehensive discussion of enterprise risk management by examining emerging topics in risk management with respect to people and technology. A forward-looking story reveals how best-practice risk management might look in the year 2010.

Failure to properly manage risk continues to plague corporate America–from Enron to Long-Term Capital Management. Don’t let it hurt your organization. Pick up Enterprise Risk Management and learn how to meet the enterprise-wide risk management challenge head on–and succeed.

From the Back Cover
Praise for Enterprise Risk Management "In the aftermath of Enron, WorldCom, and Sarbanes-Oxley, every publicly traded company should be concerned about risk management. This book takes a pragmatic approach to risk management that can benefit any CEO or senior executive. Lam lays out clear strategies to address what is often a highly complex issue." –William L. Walton, Chairman and CEO, Allied Capital Corporation

"James Lam provides one of the most practical, insightful books on risk management that I have read in the last thirty years. It clearly reflects experience and deep understanding of the art as well as the science in risk management practices. A must-read for all who wish to advance risk management practices in their businesses." –Sandra Jansky, Executive Vice President, Chief Credit Officer, SunTrust Banks, Inc. Chairperson, Risk Management Association

"In this book, James Lam has provided an effective overview of business risk. Enterprise Risk Management will be useful to professional risk managers and business executives seeking to understand the latest tools and organizational approaches." –Robert Simons, Charles M. Williams Professor of Business Administration, Unit Head–Accounting & Control, Harvard Business School

"The most comprehensive and engaging handbook on enterprise risk management, written by the pioneer of the Chief Risk Officer function. Filled with practical examples and lessons learned, this book is destined to become one of the most widely read primers on today’s top business initiative. James Lam is the authority on enterprise risk management, and I highly recommend this book to all board directors, senior executives, and risk managers." –Cassandra R. Schultz, Vice President and Chief Risk Officer, KeySpan Corporation

"James Lam’s book Enterprise Risk Management: From Incentives to Controls provides an insightful road map to best practices in risk management. Based on a solid and successful career in risk management, James’s advice is both timely and relevant and should be required reading for all risk management professionals." –Michael J. Litwin, Chief Credit and Risk Officer, Merrill Lynch Capital

About the Author
JAMES LAM is President of James Lam & Associates, an independent risk advisory firm. Before starting his own firm, Lam was founder and president of ERisk and partner of Oliver, Wyman & Company. In 1997, as Chief Risk Officer at Fidelity Investments, he was named the first-ever Financial Risk Manager of the Year by the Global Association of Risk Professionals. Prior to Fidelity, he was chief risk officer of Capital Markets Services, Inc., a GE Capital Company. Lam graduated with honors from Baruch College and received his MBA from UCLA. He is also currently an Adjunct Professor of Finance at Babson College.

James Lam has written a remarkably clear and relevant portrayal of how [enterprise] risk management can be used to deliver real value in any business.

During the past year, I developed a course for the Executive MBA program at Villanova University. After reviewing several books on the subject, I chose this one because of its clear and comprehensive coverage of the subject matter.

I would highly recommend this book to anyone with a serious interest in understanding risk management from a holistic perspective. This includes risk professionals as well as those involved in line and staff functions.

Product Details :

  • Series: Wiley Finance (Book 181)
  • Hardcover: 336 pages
  • Publisher: Wiley; 1 edition (May 16, 2003)
  • Language: English
  • ISBN-10: 0471430005
  • ISBN-13: 978-0471430001
  • Product Dimensions: 1.1 x 6.1 x 9.1 inches


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College Accounting, Chapters 1-24, 11th Edition, Tracie L. Nobles




The 11th Edition of COLLEGE ACCOUNTING maintains its dedicated emphasis on the significance of the College Accounting course as true groundwork for students' future classes, jobs, and careers. This market leading text builds student skills in the areas of accounting knowledge, technology, communication, ethics, and critical thinking, providing students the skills needed to be successful in life and work. With a focus on small business, College Accounting 11e, provides real-world context that keeps chapter content relevant and vital. You can now assign, grade, and assess your students' progress quickly and easily with CengageNow for College Accounting, 11e. End-of-chapter materials are available online, and your students can test their mastery of new concepts via a personalized study plan.

Review
"I like the way that the book is laid out and the extra materials that come with it. It is so much easier to organize lectures, homework, and class activities. For the average student, I believe that it is easier to understand."

"I like the structure and the layout of the book. The examples are straight-forward, and ones the students can identify with. There are many exercises and problems for practicing and reinforcing the material from the chapter. I find the Excel activities useful for students to review the material again and for them to work with Excel. I am very happy with the text."

About the Author
Tracie L. Nobles, CPA, received her bachelor's and master's degrees in accounting from Texas A&M University. She has served as Department Chair of the Accounting, Business, Computer Information Systems, and Marketing/Management Department at Aims Community College, Greeley, CO, and is currently an Associate Professor of Accounting at Austin Community College, Austin, TX. Professor Nobles has public accounting experience with Deloitte Tax LLP and Sample & Bailey, CPAs. She is a recipient of Aims Community College Excellence in Teaching Award. Professor Nobles is a member of the Teachers of Accounting at Two-Year Colleges, the American Accounting Association, the American Institute of Certified Public Accountants, and the Texas Community College Teachers Association.

She is currently serving as secretary/webmaster of Teachers of Accounting at Two-Year Colleges, as a member of the American Institute of Certified Public Accountants Pre-certification Education Executive Committee, as co-chair for the Conference on Teaching and Learning Accounting and as Two-Year College Section chair for the American Accounting Association. Professor Nobles has spoken on such topics as creating online web videos, motivating nonbusiness majors to learn accounting, and incorporating small business topics in college accounting at numerous conferences, including the Teachers of Accounting at Two-Year Colleges and the American Accounting Association. In her spare time, she enjoys camping and fishing with her husband, Trey, and spending time with her family and friends.

Cathy J. Scott is currently Associate Professor of Accounting and Accounting Program Coordinator at Navarro College. She is a proud recipient of Navarro College's Teaching of Excellence Award. Professor Scott received her bachelor's degree from Nazareth College, MBA from Amberton University, a postgraduate accounting degree from Keller Graduate School of Management, and is currently ABD in her PhD program at Capella University. Professor Scott made a career shift into academics after a 25-year accounting and consulting career within the automotive industry. She has been a popular seminar speaker in the area of accounting and financial management for automotive and recreational vehicle manufacturers, as well as dealer associations.

She has also written numerous accounting-related articles for various automotive publications. Professor Scott is a member of the Institute of Management Accountants, Teachers of Accounting at Two Year Colleges, the American Accounting Association, and the Texas Community College Association. Professor Scott has served in various regional and national positions with the American Accounting Association, including co-chair for the 2013 Conference on Teaching and Learning. She is also the past chair for the accounting section of the Texas Community College Association. In recent years, Professor Scott has spoken on numerous occasions about effective online learning techniques and using innovative teaching technology in the area of accounting. In her free time, Professor Scott enjoys spending time with her family on her farm in North Texas, in addition to raising and showing her Arabian horses.

(M. Ed., Lewis and Clark College, M.B.A., University of Oregon) Doug has over 30 years of experience teaching accounting at two- and four-year schools, as well as at the high-school level. He has traveled extensively throughout the country, meeting with teachers and students, in order to keep his finger on the pulse of today's classroom needs and concerns. Doug's one-on-one relationships with customers have kept him very close to the market, and he has translated his keen perceptions into the most successful college accounting text published in the last half-century.

Pat Bille has been teaching office technology, accounting, and microcomputer applications at Highline Community College for the last 36 years. Before moving to the college's Business Division, Pat began by teaching high school business classes. She has developed an off-campus, self-paced accounting and office occupations lab, has been program director for office occupations and accounting co-op work programs, and has worked in the accounting departments of two large Chicago corporations. She also served as a volunteer accountant in several nonprofit organizations, and worked for her own sole proprietorship. During the last six years she has developed online courses for accounting and microcomputer applications classes and has developed her own web site. She continues to teach online courses to Highline Community College students in Des Moines, Washington. She has co-authored two textbooks, authored a multitude of practice sets and ancillaries, several accounting videos, and a variety of non-accounting publications.

exactly the book I needed for college and was a much more appropriate price then the college bookstore. Was quick shipping as well. It was used and one corner of the book was a bit bent up but the price more then made up for that. Whoever had the book before me took great care of it.

Product Details :

  • Series: College Accounting
  • Hardcover: 1120 pages
  • Publisher: Cengage Learning; 11 edition (January 4, 2012)
  • Language: English
  • ISBN-10: 1111528306
  • ISBN-13: 978-1111528300
  • Product Dimensions: 1.5 x 9.2 x 10.8 inches


More Details about College Accounting, Chapters 1-24, 11th Edition

Tuesday, November 26, 2013

GAAP Handbook of Policies and Procedures (w/CD-ROM) (2014), 1st Edition, CPA Joel G. Siegel Ph.D.




The 2014 GAAP Handbook of Policies and Procedures is the most complete and user-friendly source of on-the-job help for applying generally accepted accounting principles in practice. It provides guidance in resolving any issues and problems that the accountant may face day-to-day in applying GAAP. The GAAP Handbook provides many rules of thumb. Its content includes informative rules, policies, and procedures applicable to CPAs and may be used as a training medium. This practical reference contains all of the important authoritative pronouncements on GAAP with references to ASC codification, and the corresponding references to the original literature, including APB Opinions, Accounting Research Bulletins, FASB Statements, Staff Positions, Interpretations, Technical Bulletins, and Concepts, as well as AICPA Statements of Position as an aid.

Securities and Exchange Financial Reporting Releases and EITF Issues are also covered when appropriate. This volume contains accounting principles, financial reporting presentation requirements, required and recommended disclosures, and specialized accounting topics. The book includes examples, tables, exhibits, and practice aids that demonstrate how to apply GAAP in practice. In some cases, flowcharts are presented to explain, in clearer terms, the practitioner's decision process in applying a pronouncement. Current footnotes from annual reports provide clear examples of reporting. The book also comes with a free companion CD-ROM that contains an electronic version of the book. Subscribers can also earn online CPE credits through the CCH Learning Center (see the book's Highlights pages for more information).

About the Author
JOEL G. SIEGEL, Ph.D., CPA, is a self-employed certified public accountant and professor of accounting at Queens College of the City University of New York. Previously, he was employed by Coopers & Lybrand and Arthur Andersen. Dr. Siegel has acted as a consultant in accounting to many organizations, including Citicorp, International Telephone and Telegraph, United Technologies, American Institute of CPAs, and Person-Wolinsky Associates. He is the author of 68 books and 300 articles on accounting topics. Dr. Siegel was the recipient of the Outstanding Educator of America Award and has served as chairperson of the National Oversight Board. MARC H. LEVINE, Ph.D., CPA, is a financial accounting consultant and professor of accounting at Queens College.

Dr. Levine was previously associated with Deloitte & Touche. He has authored five books, as well as many articles that have appeared in major industry journals. ANIQUE A. QURESHI, Ph.D., CPA, CIA, is a business consultant and professor of accounting at Queens College. Dr. Qureshi has written 10 books and his articles have appeared in The Journal of Business Research, CPA Journal, EDP Auditing, National Public Accountant, Internal Auditing, and International Journal of Computer Applications in Technology. JAE K. SHIM, Ph.D., is an accounting consultant to several companies and professor of accounting at California State University, Long Beach. He received his Ph.D. from the University of California at Berkeley. Dr. Shim has 40 books to his credit and has published more than 50 articles in accounting and financial journals, including The CPA Journal, Advances in Accounting, International Accountant, and Financial Management.

First, don't be misled by the title. You won't get much help if you're trying to write accounting procedures at your company.

The thick "Handbook of Policies and Procedures" has quite a bit of padding, in the form of (often old) annual report excerpts from various companies. These occupy too much of the book, in my opinion, and they are of limited value anyway in this day and age of electronically available SEC filings. If I wanted the 2004 AICPA Trends and Techniques, I would have bought it :(

In fairness, the handbook does have broad coverage of many GAAP topics, logically structured around the financial statements, and it's a useful part of my desk library. And I like the CD that comes with it.

As an industry CPA involved in external disclosure, I find myself referring to Wiley GAAP 2008 a little more often, though, for more in-depth, interpretative guidance - without the lazily copied filler ;)

Product Details :

  • Series: Gaap Handbook of Policies and Procedures
  • Perfect Paperback: 1800 pages
  • Publisher: CCH Inc.; Pap/Cdr edition (November 20, 2012)
  • Language: English
  • ISBN-10: 0808035363
  • ISBN-13: 978-0808035367
  • Product Dimensions: 10 x 7.1 x 2.2 inches


More Details about GAAP Handbook of Policies and Procedures (w/CD-ROM) (2014), 1st Edition

COSO Enterprise Risk Management: Understanding the New Integrated ERM Framework, 1st Edition, Robert R. Moeller




Praise for COSO Enterprise Risk Management "COSO ERM is a thoughtful introduction to the challenges of risk management at the enterprise level and contains a wealth of information on dealing with it through the use of the COSO framework. Detailed procedures covering a wide variety of situations are followed by a thorough explanation of how each is deployed. As a project management professional, I appreciate how the author addresses the need for risk management at a project level. His background as someone who 'practices what they preach' and realizes the impact of the Sarbanes-Oxley auditing rules comes through clearly in the book, and it should be mandatory reading for anyone seeking to understand how to tackle their own ERM issues." --Greg Gomel, PMP, CQM, CSQE, ITIL, Director, Project Management, Insight North America

"This volume clearly and comprehensively outlines the usefulness of COSO Enterprise Risk Management guidance. It should provide considerable benefit to those having governance responsibilities in this important area." --Curtis Verschoor, L & Q Research Professor, School of Accountancy and MISDePaul University, Chicago

Transform your company's internal control function into a valuable strategic tool

Today's companies are expected to manage a variety of risks that would have been unthinkable a decade ago. More than ever, it is vital to understand the dimensions of risk as well as how to best manage it to gain a competitive advantage.

COSO Enterprise Risk Management clearly enables organizations of all types and sizes to understand and better manage their risk environments and make better decisions through use of the COSO ERM framework.

A pragmatic guide for integrating ERM with COSO internal controls, this important book:

Offers you expert advice on how to carry out internal control responsibilities more efficiently Updates you on the ins and outs of the COSO Report and its emergence as the new platform for understanding all aspects of risk in today's organization Shows you how an effective risk management program, following COSO ERM, can help your organization to better comply with the Sarbanes-Oxley Act Knowledgeably explains how to implement an effective ERM program COSO Enterprise Risk Management is the invaluable working resource that will show you how to identify risks, avoid pitfalls within your corporation, and keep it moving ahead of the competition.

Product Details :

  • Hardcover: 384 pages
  • Publisher: Wiley; 1 edition (April 27, 2007)
  • Language: English
  • ISBN-10: 0471741159
  • ISBN-13: 978-0471741152
  • Product Dimensions: 1.2 x 6.4 x 9.3 inches


More Details about COSO Enterprise Risk Management: Understanding the New Integrated ERM Framework, 1st Edition

International Exploration Economics, Risk, and Contract Analysis, 1st Edition, Daniel Johnston




Text provides a practical perspective on international exploration economics and risk analysis, petroleum fiscal system analysis and design, contract negotiations; and economic, financial, and accounting aspects of production sharing contracts and royalty/tax systems. DLC: Petroleum industry and trade--Finance.

An absolute must-have book for all oil and gas executives, especially those involved in evaluating and running economics. Wished i had come across this book earlier, but it's still not too late and the book is an excellent reference to always have with you.

After reading the other reviews I found that they were not up to par. This book is a great reference book and a very helpful `go to' book for explanation of analytical approaches to some of the newest techniques in the industry. Excellent presentation. Everybody who does this kind of work, or hopes to, should have this book.

This book is really aimed for those with no understanding of the oil and gas business, particularly international economics. Contract analysis is by far an over statement with little to no discussion on PSA's.

I had great expectations about this book. Unfortunately for a beginner introductory book it lacks of clarity, for an expert book it lacks of depth. Nice glossary for beginners. The Contract summary at the end is excellent and makes for the cost of the book.

Product Details :

  • Hardcover: 401 pages
  • Publisher: Pennwell Corp (May 2003)
  • Language: English
  • ISBN-10: 0878148876
  • ISBN-13: 978-0878148875
  • Product Dimensions: 1.1 x 5.7 x 9.7 inches


More Details about International Exploration Economics, Risk, and Contract Analysis, 1st Edition

Monday, November 25, 2013

Purchase Order Management Best Practices: Process, Technology, and Change Management, 1st Edition, Ehap H. Sabri




This ground-breaking volume brings together the latest advances in the field of purchase order management (POM) and offers a comprehensive framework for lowering costs, improving efficiency, eliminating non-value activities, and optimizing the POM process.

"Purchase Order Management Best Practices" provides practical and proven methods, and detailed guidance on every aspect of the POM process redesign - from mapping the existing process and intelligent implementation of new technologies, to strengthening supplier relationships and providing continuing support - all accompanied by real industry case studies. This volume also includes details of the key performance indicators for a POM transformation program, and the typical benefits successful implementation can bring.

This book should be required reading for anybody interested in supply chain management. An organization's purchase order managemnent system must reflect serious consideration of the "process, technology, and change mangement" issues that are discussed by Sabri, Gupta, and Beitler.

"POM Best Practices" offers advice that new and seasoned purchase order managements can apply immediately. I wish this type of book had been available 20 years ago when I got started.

I recently worked with a client who had purchase order management problems. Implementation of the new purchase order management procedures were extremely difficult. The third part of the book on Change Management (written by Beitler, the change management expert) was very helpful.

I like how these three experts, Sabri (process), Gupta (technology) , and Beitler (change management), collaborated to produce such a valuable reference guide for purchase order management. They talk about state-of-the-art techniques, being used at real-world companies, in an easy-to-read style.

I heard about this book on "Free Markets With Dr. Mike Beitler," an internet-radio show on the VoiceAmerica Business Network. Since I work in manufacturing, I found this book to be very helpful. The authors are all Ph.D.s but they are also practitioners; they speak in real-world terms.

I found the change management tools especially useful.

I would recommend this book along with Dr. Beitler's "Strategic Organizational Change" Strategic Organizational Change, Second Edition.

When I bought it, was updated information that gave me the guidance to perform my pòsgraduate final paper. A must have.

Product Details :

  • Hardcover: 219 pages
  • Publisher: J. Ross Publishing (November 30, 2006)
  • Language: English
  • ISBN-10: 1932159630
  • ISBN-13: 978-1932159639
  • Product Dimensions: 0.7 x 6.3 x 8.9 inches


More Details about Purchase Order Management Best Practices: Process, Technology, and Change Management, 1st Edition