Showing posts with label Bisness. Show all posts
Showing posts with label Bisness. Show all posts

Thursday, January 23, 2014

GAAP Guide (2014) two volume set, 1st Edition, Ph.D., CPA Jan R. Williams

GAAP Guide (2014) two volume set, 1st Edition


CCH's 2014 GAAP Guide, Volumes I and II, provides the most comprehensive resource for understanding and applying authoritative GAAP literature in clear language. Each FASB Accounting Standards Codification pronouncement/topic is discussed in a comprehensive format that makes it easy to understand and implement in day-to-day practice.

About the Author
Jan R. Williams, Ph.D., CPA, is the Stokely Foundation Leadership Chair and Dean of the College of Business Administration at the University of Tennessee, Knoxville, where he has been on the faculty since 1977. Joseph V. Carcello, Ph.D., CPA, CMA, CIA, is the Ernst & Young Professor in the Department of Accounting and Information Management at the University of Tennessee. Dr. Carcello also is co-founder and Director of Research for the Universitys Corporate Governance Center. Terry L. Neal, Ph.D., CPA, is the Dennis Hendrix Professor in Accounting in the Department of Accounting and Information Management at the University of Tennessee. Judith Weiss, CPA, has an M.S. in Accounting from Long Island University, Greenvale, New York, and an M.S. in Education from Queens College, Flushing, New York.

Product Details :
  • Series: Gaap Guide
  • Perfect Paperback: 1728 pages
  • Publisher: CCH Inc. (November 24, 2013)
  • Language: English
  • ISBN-10: 0808035495
  • ISBN-13: 978-0808035497
  • Product Dimensions: 9.4 x 7.3 x 2.8 inches

More Details about GAAP Guide (2014) two volume set, 1st Edition

Tuesday, January 21, 2014

Working Papers for Albrecht/Stice/Stice/Swain's Accounting: Concepts and Applications, 11th Edition, W. Steve Albrecht

http://www.amazon.com/gp/product/0538750197/ref=as_li_ss_tl?ie=UTF8&camp=1789&creative=390957&creativeASIN=0538750197&linkCode=as2&tag=bestaccounting-20


Verified to ensure accuracy and quality consistent with the text, the working papers for the problems are provided together in one convenient resource.

About the Author
W. Steve Albrecht is the Andersen Alumni Professor of Accountancy in the Marriott School of Management at Brigham Young University. He has done extensive research on business fraud and ethics, resulting in the publication of more than 100 articles in professional and academic journals, several awards, and having one of the Association of Certified Fraud Examiners headquarters named after him. He received a bachelor's degree in accounting from BYU and MBA and PhD degrees from the University of Wisconsin. He is a Certified Public Accountant, Certified Internal Auditor, and Certified Fraud Examiner. Dr. Albrecht has consulted with numerous organizations, including Fortune 500 companies, major financial institutions, the United Nations, FBI, and other organizations, and has been an expert witness in over 35 major fraud cases.

Earl K. Stice is the PricewaterhouseCoopers Professor of Accounting in the School of Accountancy at Brigham Young University, where he has been on the faculty since 1998. He holds bachelor's and master's degrees from Brigham Young University and a PhD from Cornell University. Dr. Stice has taught at Rice University, the University of Arizona, Cornell University, and the Hong Kong University of Science and Technology (HKUST). He won the Phi Beta Kappa teaching award at Rice University, was twice selected as one of the ten best lecturers on campus at HKUST, and has won the Marriott School Teaching Award at BYU. Dr. Stice also has taught in a variety of executive education and corporate training programs in the United States, Hong Kong, China, Malaysia, and South Africa, and he has been on the executive MBA faculty of the China Europe International Business School in Shanghai, HKUST, the University of Illinois, and INSEAD (in Singapore).

He has published papers in the JOURNAL OF FINANCIAL AND QUANTITATIVE ANALYSIS, THE ACCOUNTING REVIEW, REVIEW OF ACCOUNTING STUDIES, JOURNAL OF BUSINESS, FINANCE, AND ACCOUNTING, and ISSUES IN ACCOUNTING EDUCATION. Dr. Stice has presented his research results at seminars in the United States, Finland, Taiwan, Australia, and Hong Kong. He has coauthored several accounting texts including INTERMEDIATE ACCOUNTING, 17TH EDITION. Dr. Stice and his wife, Ramona, have seven children -- Derrald, Han, Ryan Marie, Lorien, Lily, Taraz, and Kamila - and one adorable granddaughter.

James D. Stice is the Distinguished Teaching Professor in the Marriott School of Management at Brigham Young University. He is currently Associate Dean of the Marriott School. Dr. Stice served for eight years as the director of BYU's MBA Program. He holds bachelor's and master's degrees in accounting from BYU and a PhD in accounting from the University of Washington. Professor Stice has been on the faculty at BYU since 1988. During that time, he has been selected by graduating accounting students as "Teacher of the Year" on numerous occasions; he was selected by his peers in the Marriott School at BYU to receive the "Outstanding Teaching Award" and he was selected by the University to receive its highest teaching award, the Maeser Excellence in Teaching Award. Professors Stice has taught in academic and executive education programs in the United States, Europe, South Africa and China for such companies as IBM, Bank of America, and Ernst & Young. Professor Stice has published articles in JOURNAL OF ACCOUNTING RESEARCH, THE ACCOUNTING REVIEW, DECISION SCIENCES, ISSUES IN ACCOUNTING EDUCATION, THE CPA JOURNAL, and other academic and professional journals and has written several accounting textbooks. In addition to his teaching and research, he currently serves on the board of directors of Nutraceutical Corporation. Dr. Stice and his wife, Kaye, have seven children and eight grandchildren.

Product Details :
  • Paperback: 320 pages
  • Publisher: Cengage Learning; 11 edition (March 3, 2010)
  • Language: English
  • ISBN-10: 0538750197
  • ISBN-13: 978-0538750196
  • Product Dimensions: 0.7 x 8.2 x 10.6 inches

More Details about Working Papers for Albrecht/Stice/Stice/Swain's Accounting: Concepts and Applications, 11th Edition

Monday, December 30, 2013

Discounting, Libor, CVA and Funding: Interest Rate and Credit Pricing (Applied Quantitative Finance), 1st Edition, Chris Kenyon

http://www.amazon.com/gp/product/1137268514/ref=as_li_ss_tl?ie=UTF8&camp=1789&creative=390957&creativeASIN=1137268514&linkCode=as2&tag=bestaccounting-20


The credit and sovereign debt crises have fundamentally changed the way participants in the global financial markets perceive credit risk. The effects of this change have been studied by many leading experts in Mathematical Finance, but to date there is no single volume that combines the results of this research and presents them at a level suited for practitioners and students alike. In market practice this fundamental market change is most directly visible from significant bases throughout the interest rate world, especially tenor bases, cross-currency bases, and bond-cds bases. This means that the curve used for discounting is no longer the curve used for Libor (aka Fixing Curve or Forwarding Curve).

In the last two years a consensus has emerged that this multi-curve pricing is now standard.The crises have also altered the perception of banks and governments - they are no longer regarded as zero-risk counterparties. Now both sides of an uncollateralized trade need to consider, and price in, the risk that the other defaults: my CVA is your DVA. Even collateralization does not remove pricing problems: when you post collateral how much do you have to pay for it? This FVA is not symmetric in many ways: whatever it costs you to source it, your counterparty will only pay you OIS. Even worse is that your funding costs are unlikely to be the same as those of all your counterparties.Discounting, Libor, CVA and Funding: Interest Rate and Credit Pricing is the first book to illustrate new ways of pricing interest rate and credit products in the post-crisis markets. Written by two seasoned practitioners, it will enable the readers to understand the many different versions of credit and basis spreads, and to build the appropriate discount curves that take the these spreads into account so that collateralized derivatives will be priced correctly.

The authors guide the reader through the complexity added by OIS discounting and multi-curve pricing as well as CVA, DVA and FVA. Derivatives do not exist in a vacuum. Regulators world-wide have reacted strongly to the crises with the introduction of Basel III. Hitherto quants could ignore capital costs and charges, but as of January 2013 this world is gone. Discounting, Libor, CVA and Funding explains details of Basel III that are important for pricing, especially around the CVA VaR and default exposure capital charges.This book will be required reading for quantitative practitioners who need to keep up-to-date with the latest developments in derivatives pricing, and will also be of interest to academic researchers and students interested in how instruments are priced in practice.

Review
"The ongoing economic situation is pushing researchers to re-discuss and update the fundamentals of financial modeling. Writing an encyclopedic book on financial modeling for exotics based on the risk free rate, a unique discount curve, no credit risk and no liquidity costs would be neither relevant nor realistic in 2012. This is not such a book. The reader will find here an interesting tackling of current and relevant problems such as multi-curve modeling and credit valuation adjustments, with a very interesting discussion of closeout and especially goodwill, which cannot be found anywhere else to the best of this endorser's knowledge. Funding costs, hints at systemic risk, regulation, and Basel III are also considered. It is great to find a quantitatively detailed analysis of such aspects in a single book, and readers who are open-minded and attentive to the current challenges posed by the market will find this book to be informative, relevant, pleasant to read, and even entertaining." - Prof. Damiano Brigo, Head of the Mathematical Finance Research Group, Imperial College, London, and author of Interest Rate Models: Theory and Practice (Springer) and Credit Models and the Crisis (Wiley).

About the Author
DR. CHRIS KENYON (London, UK) is a Director at Lloyds Banking Group in the front office Quantitative Research – CVA / FVA group. Previously he was head quant for counterparty risk at Credit Suisse, and at DEPFA Bank PLC he was Head of Structured Credit Valuation (post crisis), working on pricing model development and validation and market risk. He has also held positions at IBM Research and Schlumberger, where he applied real options pricing to everything from offshore rig lease extension options to variable volume outsourcing contracts. Chris holds a PhD in Applied Mathematics from Cambridge University where he was a Research Fellow (Computer Modeling), and an MSc in Operations Research from the University of Austin, Texas. He is a regular writer and conference speaker, his papers have appeared in Quantitative Finance, Risk Magazine, Operations Research, IEEE Computer, amongst others, and presented at academic conferences and industry meetings including those organized by Bachelier Finance Society, WBS, Marcus Evans, Risk Magazine, and many more.

ROLAND STAMM is Head of Risk Methods and Valuation at HRE Group (formerly DEPFA Bank PLC), where he is responsible for (among other things) the development of new pricing models, model set up, validation and calibration, CVA adjustments, and market risk methodology. He was previously Head of Valuation at HRE Group, and has also held positions as Head of Market Risk Products, Head of IT Development, and Project Manager, all at DEPFA Bank. He holds a PhD in Mathematics (Algebraic Topology) from the Westfälische Wilhelms-Universität, Münster, Germany, where he was awarded a magna cum laude for his thesis "The K- and L- Theory of Certain Discrete Groups," and he received a master's degree in Mathematics from the Johannes-Gutenberg-Universität, Mainz.

Product Details :
  • Series: Applied Quantitative Finance
  • Hardcover: 256 pages
  • Publisher: Palgrave Macmillan (September 4, 2012)
  • Language: English
  • ISBN-10: 1137268514
  • ISBN-13: 978-1137268518
  • Product Dimensions: 0.9 x 6 x 9.1 inches

More Details about Discounting, Libor, CVA and Funding: Interest Rate and Credit Pricing (Applied Quantitative Finance), 1st Edition

Performance Dashboards and Analysis for Value Creation (Wiley Finance), 1st Edition, Jack Alexander

http://www.amazon.com/gp/product/0470047976/ref=as_li_ss_tl?ie=UTF8&camp=1789&creative=390957&creativeASIN=0470047976&linkCode=as2&tag=bestaccounting-20


No matter what industry your company competes in, you need to have a firm understanding of how to create a direct link between shareholder value and critical business processes in order to improve performance and achieve long-term value. Performance Dashboards and Analysis for Value Creation contains the information and expertise you need to do just this—and much more.

From the Inside Flap
One of the primary objectives of today's corporate manager or director is to create value for the company's shareholders. Yet many managers and most employees still have difficulty in fully understanding the drivers of shareholder value and how their activities relate to these drivers.

With numerous years of experience in the world of finance—most recently as the founder and President of Value Advisory Group, LLC—author Jack Alexander knows what it takes to build long-term value in today's competitive business environment. And now, in Performance Dashboards and Analysis for Value Creation, he wants to show you how.

Straightforward and accessible, this timely resource will assist you in developing a comprehensive understanding of valuation and creating a direct link between shareholder value and critical business processes. Divided into three information-packed parts, Performance Dashboards and Analysis for Value Creation includes: Part One, Creating Context and Covering the Basics, provides a foundation for the concepts utilized in the Value Performance Framework (VPF)—a performance management system developed by Alexander—including basic finance concepts and valuation principles. Part Two, Linking Performance and Value, presents key elements of the VPF. Each of the value drivers—sales growth, relative pricing strength, operating effectiveness, capital effectiveness, cost of capital, and the intangibles—are linked to critical business activities and processes; and key performance measures, analytical models, performance dashboards, and tools for improving each value driver are explored in depth. Part Three, Driving Performance and Value, examines how the concepts and tools outlined throughout the book can be used to improve business performance and build long-term shareholder value. Effective implementation of dashboards as part of a comprehensive performance management framework (PMF) is discussed, and key findings—based on the author's benchmark study of performance and shareholder value—are reviewed.

To drive home the points discussed throughout the book, a companion website has been included. The analytical models and sample performance dashboards found on this website are the perfect way to begin developing dashboards and analysis for your specific needs.

Many companies use performance measures, but only a few have achieved the full potential benefits that a well-designed and implemented performance management framework has to offer. No matter what industry your company competes in, you need a way to measure, monitor, and manage the key activities and processes required to improve business performance and achieve long-term value. Performance Dashboards and Analysis for Value Creation contains the information and expertise you need to do just this—and much more.

From the Back Cover
Praise for Performance Dashboards and Analysis for Value Creation

"Beyond academic theory, I have witnessed firsthand Alexander's framework-driven concepts improve firm profitability and value. This is a required read for shareholder-friendly executives." —William W. Benton, CFA, Investment Analyst, William Blair & Company, LLC

"Drawing on his rich and varied experience as CFO, business consultant, and professor of financial management, Jack Alexander offers a practical approach to effective performance management in any company. This clear and concise reference is a must-read for anyone trying to understand and leverage the true drivers of shareholder value." —Earl T. Kivett, retired partner and director emeritus, Bain & Company, Inc.

"Creating long-term shareholder value is the fundamental responsibility of the chief executive and their leadership team. The Value Performance Framework developed in this book provides a useful tool for decision making. I recommend it for anyone concerned with long-term shareholder value." —Rick Wallace, Chief Executive Officer, KLA-Tencor

"A great 'how-to' book! Alexander uses his knowledge and experience as CFO, consultant, and finance professor to connect the dots between financial performance and value." —Jennifer Bethel, Associate Professor, Babson College

"Performance Dashboards and Analysis for Value Creation offers a practical approach to finance with solid tools to help improve business performance. This framework connects the dots between theory and practice, finance and business performance. The analytical models and dashboards provide effective and usable tools to measure performance, drive value, and evaluate acquisitions." —Dan Heaney, CFO, Public Consulting Group, Inc.

About the Author
Jack Alexander is founder and President of Value Advisory Group, LLC, a consulting firm with a focus on improving business performance and building shareholder value. He is a lecturer at Babson College, where he teaches corporate finance and advanced finance electives in the MBA program. Alexander is a frequent speaker on value-based management and business performance management. Prior to establishing Value Advisory Group, Mr. Alexander held a number of senior operating and financial positions in the industry. He is a Certified Public Accountant and has an MBA from Rider University and a BS in business management from Indiana University of Pennsylvania.

Product Details :
  • Series: Wiley Finance (Book 376)
  • Hardcover: 320 pages
  • Publisher: Wiley (November 3, 2006)
  • Language: English
  • ISBN-10: 0470047976
  • ISBN-13: 978-0470047972
  • Product Dimensions: 1.1 x 6.3 x 9.1 inches

More Details about Performance Dashboards and Analysis for Value Creation (Wiley Finance), 1st Edition

Wednesday, December 18, 2013

Asset Protection Planning Guide, 2nd Edition, Barry S. Engel


http://www.amazon.com/gp/product/0808012908/ref=as_li_ss_tl?ie=UTF8&camp=1789&creative=390957&creativeASIN=0808012908&linkCode=as2&tag=bestaccounting-20


Featuring the insights and strategies of leading asset protection strategist, Barry S. Engel, the Asset Protection Planning Guide helps advisors master the multitude of asset protection planning vehicles available, understand the strengths and weaknesses of those vehicles, and achieve the goals of clients.

The ideal reference for estate planning attorneys, trust officers, tax practitioners, financial planners, and other wealth planners, the Guide covers every aspect of asset protection planning -- describing the various asset protection plans, when to use them, why specific strategies are used, and which countries to go to for protection. It describes the complex mix of tools and techniques available to the planner in designing successful, solid plans -- offering a wealth of practical advice, helpful "how-to's" and practice tools, sample documentation language, and a sample trust.

This Second Edition reflects the most recent developments in asset protection planning, including coverage of the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005. This practical resource covers every aspect of this complex area, giving users the security of knowing they'll be well informed as they help clients safeguard their assets.

Topics covered include:- What Is Asset Protection Planning? - Asset Protection Planning and Fraudulent Transfer Law - Gifting as a Planning Tool - Joint or Concurrent Ownership as a Planning Tool - Exemptions as a Planning Tool - Foreign Annuities and Foreign Insurance Products - Family Limited Partnerships as a Planning Tool - Insurance as a Planning Tool - Domestic Trusts as a Planning Tool - Alternative Tools Under Other Legal Systems - Foreign Asset Protection Trusts as a Planning Tool - Expatriation as an Asset Protection Tool - Protection of Retirement Benefits - Ethical, Civil, and Criminal Considerations for the Asset Protection Planner The Guide includes numerous practice tools, including: the Engel Ladder of Asset Protection Vehicles, Model Foreign Asset Protection Trust Structures, Asset Protection Control/Benefit Scale, Sample Documentation Language, Sample Trust Agreement, and Sample Fee Agreement.

About the Author
Barry S. Engel is the founding principal of Engel & Reiman pc, a Denver-based law firm established in 1983. Mr. Engel is a Senior Fellow of The Estate and Wealth Strategies Institute at Michigan State University and a Fellow of the National Network of Estate Planning Attorneys.

He is also the designated specialist for the professional section on asset protection planning for FindLaw.com. From 1992 to 1997, Mr. Engel was President of the Isle of Man, British Isles-based Offshore Institute, an organization of professionals engaged in offshore and international planning. He served on its Executive Committee from 1992 to 2003.

Mr. Engel is a member of the Editorial Board of Trusts & Trustees. He has also previously served as the Consulting Editor of the International Offshore and Financial Centres Handbook and the Consulting Editor of The Offshore Institute Membership Directory & Analysis. He authored a regular column "Shores," while serving on the Editorial Advisory Board of Conspectus Current.

Mr. Engel founded Shore To Shore, an offshore industry magazine. Over the past 15+ years, Mr. Engel has chaired or otherwise addressed hundreds of professional and client conferences worldwide on integrated estate planning, asset protection planning, and related subjects.

Don't waste your time with the other books that only hint on what to do...this book provides the details that allows you create a solid "estate plan" that is proven.

Unlike other books out there, this book written by an attorney, not from a convicted tax evader who is selling his newest scam.

Product Details :
  • Paperback: 600 pages
  • Publisher: CCH; 2 edition (September 15, 2005)
  • Language: English
  • ISBN-10: 0808012908
  • ISBN-13: 978-0808012900
  • Product Dimensions: 9 x 6.3 x 1 inches

More Details about Asset Protection Planning Guide, 2nd Edition

The Professional's Guide to Fair Value: The Future of Financial Reporting (Wiley Corporate F&A), 1st Edition, James P. Catty


http://www.amazon.com/gp/product/1118004388/ref=as_li_ss_tl?ie=UTF8&camp=1789&creative=390957&creativeASIN=1118004388&linkCode=as2&tag=bestaccounting-20


An all-encompassing guide to the elements and basics of fair value

With the important role fair value is playing in the creation of a converged set of global accounting standards, demand for products in this category is growing spectacularly. The elements and basics of fair value are covered, including risk, dealing with the SEC, and details on legal responsibility. In addition, sample financial statements are included, along with tables, recommended applicable techniques, and management checklists for those who are responsible for preparing and approving of financial statements.

-Written by the Chairman and co-CEO of the International Association of Consultants, Valuators and Analysts (IACVA\
-Includes sample financial statements of both U.S. and foreign companies

Appropriate for anyone involved professionally with finance—managers, accountants, investors, bankers, instructors, and students—The Professional's Guide to Fair Value is a reliable reference on the ins and outs of fair value financial disclosure.

This book provides an excellent discussion of "fair value," which is an accounting concept. The author makes a very clear explanation of the distinction between fair value and other types of value, such as "fair market value." The text and examples are well-written and help in understanding the author's points.

Another thing I like about this book is that it is relatively new - copyright in 2012 - so it includes many recent accounting pronouncements and the latest thinking on certain topics brought about after the 2008-2009 financial crisis. In some parts, the author does go into quite a bit of detail, which is helpful for more novice students. For more experienced readers, the most value, in my opinion, come from the conceptual chapters (i.e., first five chapters of the book). Overall, this is a very good book that should be helpful to readers of all levels.

Product Details :
  • Series: Wiley Corporate F&A (Book 567)
  • Hardcover: 240 pages
  • Publisher: Wiley; 1 edition (February 1, 2012)
  • Language: English
  • ISBN-10: 1118004388
  • ISBN-13: 978-1118004388
  • Product Dimensions: 1 x 6.3 x 9.2 inches

More Details about The Professional's Guide to Fair Value: The Future of Financial Reporting (Wiley Corporate F&A), 1st Edition

Tuesday, December 17, 2013

Valuing Early Stage and Venture Backed Companies (Wiley Finance), 1st Edition, Neil J. Beaton

http://www.amazon.com/gp/product/0470436298/ref=as_li_ss_tl?ie=UTF8&camp=1789&creative=390957&creativeASIN=0470436298&linkCode=as2&tag=bestaccounting-20


From the Inside Flap
Unique in the overall sphere of business valuation, the valuing of early stage and venture-backed companies lacks the traditional metrics of cash flow, earnings, or even revenue at times. But without these metrics, traditional discounted cash flow models and comparison to public markets or private transactions take on less relevance, calling for a more "experiential" valuation approach.

In a straightforward, no-nonsense manner, the mystique surrounding the valuation of early stage and venture-backed companies is now unveiled. With an emphasis on applications and models, Valuing Early Stage and Venture-Backed Companies shows the most effective way for your company to prepare and present its valuations.

Featuring contributed chapters by a panel of top valuation experts, this book dispels improper valuation techniques promulgated by unknowing business appraisers and answers your key questions about valuation theory and which tools you need to successfully apply in your specific situation.

Here, you'll find out more about various valuation techniques, including:

"Back solving" valuation
Modified cost approach
Option pricing model
Probability-weighted expected returns model
Asian puts
New data on discounts for lack of marketability

Detailed and hands-on, Valuing Early Stage and Venture-Backed Companies equips you with broad foundational data on the venture capital industry, as well as in-depth analyses of distinct early stage company valuation approaches.

Performing valuations for your early stage company requires an understanding of the special circumstances faced by your organization. With ample examples of generally accepted allocation models with complex capital structures common to early stage companies, Valuing Early Stage and Venture-Backed Companies mixes real-life experience with deep technical expertise to equip you with the complete, user-friendly resource you'll turn to often in valuing your early stage or venture-backed company.

About the Author
Neil J. Beaton, CPA/ABV, CFA, ASA, is a nationally known business valuation expert and speaker on the valuation of early stage companies. He is the National Partner in Charge of Valuation Services for Grant Thornton, LLP, an international audit, tax, and financial advisory services firm. He has more than twenty-seven years of professional experience and is a recognized expert witness in state and federal courts as well as international tribunals. He has authored an AICPA publication on valuing stock options and intangible assets for financial reporting purposes.

Product Details :
  • Series: Wiley Finance (Book 503)
  • Hardcover: 224 pages
  • Publisher: Wiley; 1 edition (March 29, 2010)
  • Language: English
  • ISBN-10: 0470436298
  • ISBN-13: 978-0470436295
  • Product Dimensions: 0.8 x 6.9 x 10 inches

More Details about Valuing Early Stage and Venture Backed Companies (Wiley Finance), 1st Edition

Capital Budgeting, 1st Edition, Pamela P. Peterson

http://www.amazon.com/gp/product/0471218332/ref=as_li_ss_tl?ie=UTF8&camp=1789&creative=390957&creativeASIN=0471218332&linkCode=as2&tag=bestaccounting-20


Capital investment decisions are a constant challenge to all levels of financial managers. Capital Budgeting: Theory and Practice shows you how to confront them using state-of-the-art techniques.

Broken down into four comprehensive sections, Capital Budgeting: Theory and Practice explores and illustrates all aspects of the capital budgeting decision process. Pamela Peterson and Frank Fabozzi examine the critical issues and limitations of capital budgeting techniques with an in-depth analysis of:

Classifying capital budgeting proposals
Determining the relevant cash flows for capital budgeting proposals
Assessing the economic value of a capital budgeting proposal using different techniques
Incorporating risk into the capital budgeting decision
Evaluating whether to lease or borrow-to-buy

Capital Budgeting: Theory and Practice provides the knowledge, insight, and advice that will allow you to handle one of the most important aspects of your firm's financial management. Advanced enough for practitioners yet accessible enough for the novice, Capital Budgeting: Theory and Practice is your complete guide to understanding and benefiting from the essential techniques of capital budgeting.

From the Inside Flap
Corporate financial managers continually invest funds in assets, and these assets produce income and cash flows that the firm will then either reinvest in more assets or pay to the owners. Capital investment refers to a firm's investment in assets, and these investments may be either short-term or long-term in nature. A capital budgeting decision involves the long-term commitment of a firm's scarce resources. When such a decision is made, the firm is committed to a current and possibly future outlay of funds.

Capital budgeting decisions play a prominent role in determining whether a firm will be successful. The commitment of funds to a particular capital project can be enormous and may be irreversible. While some capital budgeting decisions are routine and don't change the course or risk of a firm, there are strategic capital budgeting decisions that will either have an impact on the firm's future market position in its current product lines or permit it to expand into a new product line. The annals of business history are replete with examples of how capital budgeting decisions have turned the tide for a company.

In Capital Budgeting: Theory and Practice, Pamela Peterson and Frank Fabozzi discuss and illustrate the capital budgeting decision process. In Section I ("Making Investment Decisions and Cash Flows"), they cover the stages of the capital budgeting process (investment screening and selection, capital budgeting proposal, budgeting approval and authorization, project tracking, and postcompletion audit), classification of investment projects, and the critical task of cash flow estimation.

In Section II, Peterson and Fabozzi cover the techniques for evaluating capital budgeting proposals and for selecting projects. These techniques include payback and discounted payback techniques, net present value technique, profitability index technique, internal rate of return technique, and modified internal rate of return technique. Section III clearly explains the critical task of incorporating risk into the capital budgeting decision.

In the final section, Peterson and Fabozzi explain a common capital budgeting decision: the decision to buy an asset with borrowed funds or lease the same asset. This is the classic "lease versus borrow-to-buy decision." The coverage includes valuing a lease, how to incorporate uncertainty into the lease valuation, and how a firm should analyze a lease if it's in a current tax-paying position or has an operating loss to carry forward.

Capital budgeting is one of the most important, and sometimes most difficult, parts of financing. Through expert advice and questions and problems at the end of each section, Capital Budgeting: Theory and Practice provides a detailed explanation of capital budgeting that will allow you to excel in this area.

Product Details :
  • Series: Frank J. Fabozzi Series (Book 10)
  • Hardcover: 243 pages
  • Publisher: Wiley; 1 edition (February 2002)
  • Language: English
  • ISBN-10: 0471218332
  • ISBN-13: 978-0471218333
  • Product Dimensions: 0.9 x 6.1 x 9.2 inches

More Details about Capital Budgeting, 1st Edition

Monday, December 16, 2013

Corporate Divestitures: A Mergers and Acquisitions Best Practices Guide, 1st Edition, William J. Gole

http://www.amazon.com/gp/product/0470180005/ref=as_li_ss_tl?ie=UTF8&camp=1789&creative=390957&creativeASIN=0470180005&linkCode=as2&tag=bestaccounting-20


Providing practical application of best practices employed in the divestiture process, Corporate Divestitures provides you with detailed guidance on how your corporation should handle a divestiture. It provides a structured approach that emphasizes disciplined execution and illustrative documents and application aids that can be adapted for use in real-world situations.

Almost any business person would rather do an acquisiton than a divestiture - making a no-nonsense business approach a must. This comprehensive guide takes you through all the steps. From the initial strategic discussion which centers on analytics instead of emotional political biases or 'sacred' company history; to the project management of the sale transaction; to the softer human issues (which are usually given inadequate analysis). If you are looking for a pragmatic guide to a process that can get emotionally charged - this is your book.

The best thing about the topic is the hands-on approach to the topic. Haven't seen anything like it in Merger and Acquisition literature. Two authors who clearly know their stuff.

I would definitely recommend this book if you are interested in expanding your knowledge of corporate divestitures. Much better than many M&A books I have read.

Detailed, comprehensive and nuanced: the info is presented in a variety of ways made easy for every type of reader. Each systematic analysis is accessible via key-point charts, procedural outlines, step charts, & schedule charts - as well as lucid text. I would not have expected sections on preparing a data room, selection & structuring of so many functional prep teams, how-to's on retention planning, post-deal process assessment, etc. Inspires total confidence. Referenced with a 7-page Index.

Product Details :
  • Hardcover: 300 pages
  • Publisher: Wiley; 1 edition (April 25, 2008)
  • Language: English
  • ISBN-10: 0470180005
  • ISBN-13: 978-0470180006
  • Product Dimensions: 1 x 6.3 x 9.2 inches

More Details about Corporate Divestitures: A Mergers and Acquisitions Best Practices Guide, 1st Edition

Risk Management: Approaches for Fixed Income Markets, 1st Edition, Bennett W. Golub

http://www.amazon.com/gp/product/0471332119/ref=as_li_ss_tl?ie=UTF8&camp=1789&creative=390957&creativeASIN=0471332119&linkCode=as2&tag=bestaccounting-20


From the Inside Flap
STATE-OF-THE-PRACTICE RISK MANAGEMENT TECHNIQUES

Risk management plays an increasingly important role in the life of financial institutions. Yet there have been virtually no texts to date that reconcile practical market experience and scientific discipline in an attempt to help portfolio and risk managers make better investment decisions-until now.

Written by two senior risk management practitioners of a global money management and risk advisory firm, this one-of-a-kind book utilizes an intriguing blend of finance, economics, mathematics, and common sense in applying cutting-edge financial modeling techniques to managing risk in fixed income markets. With a focus on both theoretical and practical considerations, a variety of existing and new approaches are brought together in a thorough but easy-to-understand fashion, including:

* Interest rate and basis risk durations
* Scenario analysis
* Expected rate of return
* Principal components analysis
* Value-at-Risk
* Stress testing
* Portfolio and hedge optimizations

As a growing proportion of the financial system adopts rigorous risk management techniques and incorporates them in making investment decisions, chief investment officers, corporate treasurers, portfolio managers, risk managers, traders, academics, and finance students will find Risk Management an invaluable tool in navigating this exciting and increasingly challenging dimension of investing.

From the Back Cover
RISK MANAGEMENT APPROACHES FOR FIXED INCOME MARKETS

"Golub-Tilman will, I believe, become an absolutely essential reference text for fixed income portfolio managers, traders, issuers, and scholars. It is comprehensive and clearly written. While rigorous, it is easy to understand because of its many practical examples."- Richard Roll, The Allstate Chair in Finance and Insurance, The Anderson School at UCLA, Past President, American Finance Association

"Outstanding and unique! A thorough discussion of the theoretical underpinning of risk management combined with keen insights from a practitioner's perspective. This text will rank among the most essential readings for both market professionals and academics." -Gregory J. Parseghian, Senior Vice President and Chief Investment Officer, Freddie Mac

"The most systematic and comprehensive overview of fixed income risk management."-Philippe Jorion, Professor of Finance, University of California-Irvine, Author, Value at Risk: The New Benchmark for Controlling Derivatives Risk

"An inside look at approaches to fixed income risk management developed at a leading investment firm. The rigorous presentation covers both theoretical and practical considerations as well as their applications to portfolio management. Very interesting and highly recommended."-Charles W. Grant, Managing Director of Fixed Income, Virginia Retirement System

"Few, if any, financial studies have managed to reconcile practical market experience and scientific discipline within such an original approach and with such elegance! An absolute must for anyone in the world of fixed income."-Michele Donegani, Head of Asset Allocation and Manager Selection, European Investment Managers (EIM).

About the Author
BENNETT W. GOLUB is a founding partner and Managing Director of BlackRock, Inc., a global money management and risk advisory firm. Currently, he is co-head of its Risk Management and Analytics Group and is a member of its Investment Strategy Group and Management Committee. In addition to developing BlackRock's risk advisory business, Dr. Golub is actively involved in the creation of analytical tools used in measuring and managing market and credit risks of fixed income and equity portfolios. He has authored many articles on risk management and financial modeling and is a frequent lecturer at industry conferences and meetings. Dr. Golub earned an S.B. and an S.M. in Management and a Ph.D. in Applied Economics and Finance, all from the Massachusetts Institute of Technology.

LEO M. TILMAN is Director in the Risk Management and Analytics Group at BlackRock, Inc. He specializes in the creation of new risk management methodologies, marketing of risk management services, financial modeling, and risk advisory work. His primary focus is solving a wide range of portfolio management, trading, asset allocation, and enterprise-wide risk management problems through the use of financial modeling techniques. Mr. Tilman has published extensively on risk management, financial modeling, applied statistics, decision-making, and expert systems. He is a frequent guest lecturer on the topics of risk management and financial modeling. Mr. Tilman received a B.A. in Mathematics and an M.A. in Statistics with a concentration in Finance, both from Columbia University.

Product Details :
  • Series: Frontiers in Finance Series (Book 73)
  • Hardcover: 312 pages
  • Publisher: Wiley; 1 edition (June 15, 2000)
  • Language: English
  • ISBN-10: 0471332119
  • ISBN-13: 978-0471332114
  • Product Dimensions: 1.1 x 6.3 x 9.3 inches

More Details about Risk Management: Approaches for Fixed Income Markets, 1st Edition

Saturday, December 14, 2013

Business Forecasting with Business ForecastX, 6th Edition, J. Holton Wilson

http://www.amazon.com/gp/product/0073373648/ref=as_li_ss_tl?ie=UTF8&camp=1789&creative=390957&creativeASIN=0073373648&linkCode=as2&tag=megatron09-20


The Sixth Edition of Business Forecasting is the most practical forecasting book on the market with the most powerful software—Forecast X. This edition presents a broad-based survey of business forecasting methods including subjective and objective approaches. As always, the author team of Wilson and Keating deliver practical how-to forecasting techniques, along with dozens of real world data sets while theory and math are held to a minimum. This Sixth Edition includes Forecast X software updated for Excel 2007 and Vista. Forecast X is the most comprehensive software tool available in this market and the new version is also backwards compatible for XP Excel 2003 systems. This Excel-based tool effectively uses wizards and many tools to make forecasting easy and understandable.

About the Author
Software company producing Forecast X, which will accompany this edition of BUSINESS FORECASTING.

Wilson and Keating's "Business Forecasting" is an accessible introduction to practical forecasting. There is little explicit treatment of the statistical properties of the methods used, but the practical examples (which are numerous) show the effects of those properties. The methods should get a manager or engineer through most situations that require a justifiable forecast. I'm a bug on references, and there were an adequate number of them, but it would have been better if the reason each work was cited was specified.

This book is also, in practice, the user manual for the descriptive statistics / forecasting package 'SORITEC,' which is bound with the book. As such, it is absolutely required for beginning users of the package. The features of SORITEC which are covered are covered well, but that sharpens my wish that there would be at least a short description and a few references for the features not used in the main presentation.

In summary, a fine book for the 'dirty hands' crowd of forecasters; not bad for the 'ivory tower' crowd either, but not quite enough for the latter

I read this book for an MBA course on business forecasting. It is well written and very easy to understand. I do not have time to spend reading dense textbooks that get lost in academic jargon. This book gets right to the point. Most importantly, every chapter concludes with an application of the lessons learned using the Forecast X software. The book also uses very practical examples such as Gap sales data that everyone can relate to.

Prior to reading this book, I had no background in business forecasting. Today, I feel confident in my abilities to prepare, analyze, interpret, and communicate forecasts because of the lessons and practice problems in this book. The software is easy to install as an add-in for Excel. The interface is simple to use and eased my fears of being lost in a complex software package.

This is a great book to learn business forecasting.

Business Forecasting is an excellent resource for students who want to learn how forecasting is really done. The book is clear, concise, and well structured. Wilson and Keating provide an excellent foundation for students to understand the forecasting process and quickly build on this foundation. The comments from "real-world" practitioners provide a practical perspective to help students appreciate the concepts presented in the book.

The ForecastX software from John Galt Solutions (included with book) is the most comprehensive forecasting toolkit available. The students who take the time to learn the software through the text will certainly gain a marketable skillset. Because the software is easy to use and reliable, I was able to quickly apply the lessons from the text to create sophisticated and powerful forecasts. Moreover, students learn how to interpret and communicate the most important components of each forecasting method.

The software accompanying the book also includes all the data used in the text examples and chapter ending problems. This provides students with many opportunities to practice each forecasting technique. I found that practicing the chapter ending problems were a strong way to solidify the concepts presented in the text and learn when to apply each technique.

Product Details :
  • Hardcover: 513 pages
  • Publisher: McGraw-Hill/Irwin; 6th edition (December 19, 2008)
  • Language: English
  • ISBN-10: 0073373648
  • ISBN-13: 978-0073373645
  • Product Dimensions: 9.2 x 7.4 x 1.2 inches

More Details about Business Forecasting with Business ForecastX, 6th Edition

Venture Capital Valuation, + Website: Case Studies and Methodology (Wiley Finance), 1st Edition, Lorenzo Carver

http://www.amazon.com/gp/product/0470908289/ref=as_li_ss_tl?ie=UTF8&camp=1789&creative=390957&creativeASIN=0470908289&linkCode=as2&tag=bestaccounting-20


From the Inside Flap
Imagine selling $2 million "worth" of Google stock and only receiving $50 in return? This scenario happens every day for venture-backed companies. Failure to quickly understand high-growth company valuation can cost trillions of dollars. Yet very few leaders involved in a venture-backed company have a definitive understanding of how valuation techniques are being applied to their financial statements and the decision-making process. Featuring extensive case studies of high-profile corporations, including Facebook, Twitter, and Microsoft, Venture Capital Valuation provides the knowledge and techniques necessary to understand and value high-growth companies.

Sharing his twenty-year track record helping thousands of investors, practitioners, and entrepreneurs measure and realize high-growth venture, author Lorenzo Carver draws on real-world cases from investors, founders, and advisors to illustrate how each corporation was impacted by valuations. By putting these techniques into a context and framework, Venture Capital Valuation simplifies them so that anyone founding, running, and investing in these innovative companies can apply them immediately.

Featuring a companion website where readers can access and download additional case study material, as well as different valuation materials mentioned throughout the text, Venture Capital Valuation explores:

Why what you don't know about valuation will cost you money
How VCs, angels, founders, and employees give up investment cash flow every day
Facebook at $80 billion valuation versus Enron at $80 billion valuation
Deal terms, waterfalls, and the pre-money myth
Whether venture-backed companies should even consider a discounted cash flow (DCF) model
Separating enterprise value from the allocation of that value
Valuing total equity
Using Future Value (FV) and Present Value (PV) to value future cash flows today
Why applying the typical DCF model to a venture-backed company hardly ever works
"Enterprise Value" + "Allocation Methods" = Value Destruction
Undervaluing companies and overvaluing employee options
Why you should D.O.W.T. (doubt) venture capital returns
409A valuation professionals discussing topic 820 (FAS 157) with VC CFOs

An invaluable resource for anyone who wants to make the most out of their investments, Venture Capital Valuation shows business appraisers and venture capitalists how to maximize their returns and avoid losing money—before the damage becomes irreparable

About the Author
Lorenzo Carver, MS, MBA, CVA, CPA, is CEO of Liquid Scenarios, a technology-based financial business intelligence solution company that provides services to investors, practitioners, entrepreneurs, and academics on how to measure and realize high-growth venture value. Carver has a twenty-year track record of helping thousands of clients understand how to measure and realize high-growth venture value. He is the author and developer of BallPark Business Valuation, the #1 selling, award-winning small-business valuation solution software covered by Bloomberg Businessweek, Entrepreneur, CPA Software News, The Kim Komando Show, and business journals worldwide.

I've read this book twice in the past year - excellent reference work that goes into the details of how to value a company and why valuations are often misunderstood or plain wrong. If in negotiations with a VC or when raising financing, this book is an absolute must. I'm an entrepreneur who has been "through the war" and this book has been extremely helpful for me. Being able to master the principles in this book will ensure that you are prepared to negotiate or position for better value.

One of the greatest values of the book was to read of the pitfalls (of which I've been part) that could easily be avoided by simple means - things that would have saved me $$ millions.

Absolutely focused on highly specialized valuation techniques (Black Scholes, Real Options). If it your first approach to the subject you better start with a more introductory alternative book. This book is centered in discussing not the main concepts of valuation but the technicalities that make some methodologies better than other.

Product Details :
  • Series: Wiley Finance (Book 631)
  • Hardcover: 288 pages
  • Publisher: Wiley; 1 edition (December 27, 2011)
  • Language: English
  • ISBN-10: 0470908289
  • ISBN-13: 978-0470908280
  • Product Dimensions: 1 x 6.3 x 9.2 inches

More Details about Venture Capital Valuation, + Website: Case Studies and Methodology (Wiley Finance), 1st Edition

Put Options : How to Use This Powerful Financial Tool for Profit & Protection, 1st Edition, Jeffrey Cohen

http://www.amazon.com/gp/product/007141665X/ref=as_li_ss_tl?ie=UTF8&camp=1789&creative=390957&creativeASIN=007141665X&linkCode=as2&tag=bestaccounting-20


From the Back Cover
A Revolutionary Program for Dramatically Improving Your Stock Market Performance While Insuring Against Market Freefalls

To increase their overall stock market returns, investors have been told for decades that they must first increase their risks. Problem is, millions of investors who bought into that line of thinking were caught blindside by recent market downturns--without ever knowing there was a better way.

Put Options outlines a better way, one that isn't built on pie-in-the-sky, get-rich-quick premises and promises. It introduces a powerful way to trade and invest that allows you to participate in stock market profits without incurring undue risk. The secret is in using put options, versatile instruments that allow you to increase per-dollar returns while hedging against sudden and devastating market downturns. Let Put Options show you how to:

Profit even when you've guessed wrong
Weather down markets with your equity virtually intact
Invest only in the world's most well-known, successful companies

The potential rewards of owning stock are substantial; so too, as recent markets have proven, are the risks. Let Put Options show you a new way to invest, one that significantly limits your downside risk when compared to stock ownership as it helps you pocket consistent profits in today's challenging financial marketplace.

"I think one of the best gifts any investor could bestow upon his or her financial planner or stockbroker is a copy of this book."--Donald Moine, Ph.D., Financial Planning Columnist, From the Preface

If you are like most investors, you would leap at the opportunity to earn consistent double-digit stock market returns with greatly reduced risk. Put Options introduces you to an innovative, proven program designed to do just that--produce consistent and regular stock market returns while minimizing the risk of losing those returns during a down market.

The secret, in a nutshell, is in implementing a low-maintenance, easy-to-follow program of selling puts on quality stocks while hedging those investments by buying puts on the overall market. Far easier to implement and track than it sounds, this strategy is frequently used by institutional investors, whose reputations and careers depend on garnering decent returns without assuming unnecessary risk. Yet, until now, it was considered too complex and high-level for individual investors and traders.

Put Options explains this proven technique in terms that virtually any investor can understand and implement. The rare investment book that supports its claims by providing the actual results of actual trades using actual household-name stocks, Put Options provides a step-by-step template on how you can use author Jeffrey Cohen's SafetyNet program to consistently:

Profit through the use of puts, one of today's most versatile investment tools
Lower your all-important break-even points in up, down, and sideways markets
Protect yourself--and even take home a profit--when stock prices go down

Financial advisors and stockbrokers will do everything in their power to steer you away from option writing as "too risky." Yet they have no problem recommending high-flying stocks they know little or nothing about, then leaving you to fend for yourself when negative news sends those stocks crashing to the ground...

... And you can't afford that kind of advice.

Put Options will change the way you invest by literally changing the way you view investment. It shows you how to invest in today's best blue-chip stocks in such a way as to profit when they do well while protecting yourself when they do poorly. Packed with facts, figures, and actual examples of SafetyNet in action, it unquestionably supports the bottom-line premise that writing options can, if done correctly, be far safer than owning shares of stock--and then shows you exactly how to do it.

About the Author
Jeffrey M. Cohen is founder of SafetyNetTrading.com as well as a hedge fund manager, continuing education instructor, and tax and financial planning expert. A popular speaker, Cohen has appeared on CNBC, CBS MarketWatch, and Lifetime.

 Product Details :
  • Hardcover: 288 pages
  • Publisher: McGraw-Hill; 1 edition (July 16, 2003)
  • Language: English
  • ISBN-10: 007141665X
  • ISBN-13: 978-0071416658
  • Product Dimensions: 1.2 x 6.3 x 9.1 inches

More Details about Put Options : How to Use This Powerful Financial Tool for Profit & Protection, 1st Edition

Friday, December 13, 2013

Financier: The Biography of André Meyer: A Story of Money, Power, and the Reshaping of American Business (Trailblazers), 1st Edition, Cary Reich

http://www.amazon.com/gp/product/0471247413/ref=as_li_ss_tl?ie=UTF8&camp=1789&creative=390957&creativeASIN=0471247413&linkCode=as2&tag=bestaccounting-20


"A first-rate biography of an extraordinary man." --Andrew Tobias. David Rockefeller once deemed Andr? Meyer "the most creative financial genius of our time in the investment banking world." Andr? Meyer was also known as "The Picasso of Banking" and "The Incomparable Investor," but probably his most notable achievement was his ability to completely and single-handedly revitalize American business after World War II. Cary Reich presents an illuminating portrait of this ferociously energetic, charming, and ruthless businessman who was a trusted advisor of the Kennedys and an intimate of William Paley and Katherine Graham. Reich goes into detail about Meyer's immigration from Nazi-occupied France, his prowess on the Monopoly board of business, and some of Meyer's lasting business legacies--now household names--including Avis and Holiday Inn. * Includes a new foreword by Cary Reich. Cary Reich (New York, New York) is the former executive editor of Institutional Investor. His most recent book, The Life of Nelson A. Rockefeller, was a finalist for the National Book Award. Mr. Reich is the recipient of numerous journalism awards, including the Overseas Press Award and the John Hancock Award for Excellence in Business and Financial Journalism.

From the Publisher
A new edition of Cary Reich's engaging biography of Andre Meyer. In this new edition of Financier, Cary Reich presents an illuminating portrait of this ferociously energetic, charming, and ruthless businessman who was a trusted advisor of the Kennedys and an intimate of William Paley and Katherine Graham. Reich goes into detail about Meyer's immigration from Nazi-occupied France, his prowess on the Monopoly board of business, and some of Meyer's lasting business legacies-now household names-including Avis and Holiday Inn.

From the Inside Flap
Fortune magazine deemed him "the most important investment banker in the Western world." A ferociously energetic, charming, and ruthless businessman, he had, by the age of forty, helped save the foundering auto giant Citro?n, established France's first consumer finance company, and been awarded the Legion of Honor. He was a trusted adviser of the Kennedys and an intimate of Lyndon Johnson, William Paley, and Katharine Graham. His numerous business accomplishments included the building or revitalizing of such corporate giants as Avis, Holiday inns, Warner-Lambert, and Engelhard Minerals & Chemicals. One of the world's savviest individual investors, he amassed a personal fortune of well over $200 million, yet to his dying day never gave up the search for the ultimate buck. Andr? Meyer, "The Picasso of Banking," was all this-and much more. A man of seemingly endless contradictions, he was respected and admired by many, scorned and disliked by many others. In this riveting, classic biography, renowned author and National Book Award finalist Cary Reich skillfully captures the many facets of this colorful and complex figure, painting an illuminating and captivating portrait of an enigmatic icon who climbed his way from modest beginnings to become what David Rockefeller called "the most creative financial genius of our time in the investment banking world." Born in 1898 in Paris, Andr? Benoit Mathieu Meyer was saddled with adult responsibilities early on, having to provide for his family when his father, an inveterate gambler, "left a vacuum at the head of the household." After getting his professional start at a small Paris bank, he quickly caught the attention of the eminent private banking firm Lazard Fr?res, whose prestigious ranks he joined in 1925.

Within a year, Meyer was made partner. With the advent of World War II, Meyer was forced into exile by the Nazi occupation. Resettling in the United States, he took over Lazard's New York operation, building it into the most venturesome investment bank in America. During the 1940s and 1950s, when industry was thirsting for capital for its relentless growth, he financed anything and everything from Texas ranchland to New York City real-estate projects. In the sixties, when it became clear the big corporations could get bigger only by gobbling up other corporations, Meyer masterfully got the merger-and-acquisition ball rolling, and became the world's most prolific marriage broker for countless corporate combinations. Financier brilliantly captures Meyer's financial wizardry, a phenomenal talent that was tempered only by the volatile tantrums, ruthlessness, and insatiable greed that went hand in hand with his genius. Unveiling the dueling sides of his complex personality, this absorbing account shows Meyer at his best-as a father figure for the likes of Felix Rohatyn, his most famous prot?g?, and for Jacqueline Onassis in the years after the assassination-and presents him at his worst-as a tortured and possessive father and a cruel, often vindictive boss. Financier is a work that is as compelling, unforgettable, and monumental as its inimitable subject.

From the Back Cover
Fortune magazine deemed him "the most important investment banker in the Western world." A ferociously energetic, charming, and ruthless businessman, he had, by the age of forty, helped save the foundering auto giant Citro?n, established France's first consumer finance company, and been awarded the Legion of Honor. He was a trusted adviser of the Kennedys and an intimate of Lyndon Johnson, William Paley, and Katharine Graham. His numerous business accomplishments included the building or revitalizing of such corporate giants as Avis, Holiday Inns, Warner-Lambert, and Engelhard Minerals & Chemicals. One of the world's savviest individual investors, he amassed a personal fortune of well over $200 million, yet to his dying day never gave up the search for the ultimate buck.

Andr? Meyer, "The Picasso of Banking," was all this--and much more. A man of seemingly endless contradictions, he was respected and admired by many, scorned and disliked by many others. In this riveting, classic biography, renowned author and National Book Award finalist Cary Reich skillfully captures the many facets of this colorful and complex figure, painting an illuminating and captivating portrait of an enigmatic icon who climbed his way from modest beginnings to become what David Rockefeller called "the most creative financial genius of our time in the investment banking world."

Born in 1898 in Paris, Andr? Benoit Mathieu Meyer was saddled with adult responsibilities early on, having to provide for his family when his father, an inveterate gambler, "left a vacuum at the head of the household." After getting his professional start at a small Paris bank, he quickly caught the attention of the eminent private banking firm Lazard Fr?res, whose prestigious ranks he joined in 1925. Within a year, Meyer was made partner.

With the advent of World War II, Meyer was forced into exile by the Nazi occupation. Resettling in the United States, he took over Lazard's New York operation, building it into the most venturesome investment bank in America. During the 1940s and 1950s, when industry was thirsting for capital for its relentless growth, he financed anything and everything from Texas ranchland to New York City real-estate projects. In the sixties, when it became clear the big corporations could get bigger only by gobbling up other corporations, Meyer masterfully got the merger-and-acquisition ball rolling, and became the world's most prolific marriage broker for countless corporate combinations.

Financier brilliantly captures Meyer's financial wizardry, a phenomenal talent that was tempered only by the volatile tantrums, ruthlessness, and insatiable greed that went hand in hand with his genius. Unveiling the dueling sides of his complex personality, this absorbing account shows Meyer at his best--as a father figure for the likes of Felix Rohatyn, his most famous prot?g?, and for Jacqueline Onassis in the years after the assassination--and presents him at his worst--as a tortured and possessive father and a cruel, often vindictive boss.

Financier is a work that is as compelling, unforgettable, and monumental as its inimitable subject.

Railblazers Rediscovering the Pioneers of Business

Critical praise for Financier: The Biography of Andr? Meyer

"A first-rate biography of an extraordinary man." --Andrew Tobias

"A fascinating mix of financial history involving household names of the corporate scene, gossip at rarefied altitudes and big bucks. The focus is on people, mutual back-scratching, wheeling and dealing through the conglomerate jungle." --The Wall Street Journal.

"This book is fun to read. Mr. Reich, while prudently avoiding heavy legal and accounting exegesis, has a talent for the clear explanation of essential technical detail." --New York Times Book Review.

"Hard-edged and uncompromising . . . a lucid and well-researched account." --The New Republic.

About the Author
CARY REICH is the former executive editor of Institutional Investor. His most recent book, The Life of Nelson A. Rockefeller, was a finalist for the National Book Award. Mr. Reich is the recipient of numerous journalism awards, including the Overseas Press Award and the John Hancock Award for Excellence in Business and Financial Journalism.

Product Details :
  • Paperback: 400 pages
  • Publisher: Wiley; 1 edition (February 9, 1998)
  • Language: English
  • ISBN-10: 0471247413
  • ISBN-13: 978-0471247418
  • Product Dimensions: 0.8 x 6.1 x 9.2 inches

More Details about Financier: The Biography of André Meyer: A Story of Money, Power, and the Reshaping of American Business (Trailblazers), 1st Edition

Early-Stage Technologies: Valuation and Pricing (Intellectual Property-General, Law, Accounting & Finance, Management, Licensing, Special Topics), 1st Edition, Richard Razgaitis

http://www.amazon.com/gp/product/0471328561/ref=as_li_ss_tl?ie=UTF8&camp=1789&creative=390957&creativeASIN=0471328561&linkCode=as2&tag=bestaccounting-20


From the Inside Flap
How is it possible to develop a licensing or purchase value for early-stage technology rights when there are no present customers, no historical data, no cash-flow data, and no demonstration of whether the technology in question will produce the next iMac or the next Edsel? What methods and criteria can potential buyers and sellers use to determine the value and appropriate price of products that are ahead of their time? Early-Stage Technologies is a comprehensive guide to technology risk assessment, valuation, and pricing. It describes in great detail the core concepts, sources of value, methods of valuation, issues involving equity realizations, and overall negotiation strategies to facilitate the licensing or sale of early-stage technologies; and it helps the developers of R&D to value their technologies based on their own needs and arrive at a price that is acceptable to both themselves and the potential buyer/licensee.

Drawing on his own diverse experience in developing, valuing, and licensing intellectual property, author Richard Razgaitis presents a realworld grounded approach to six key methods of valuing technology: use of industry standards, ratings/rankings method, rules of thumb, discounted cash flow, Monte Carlo and other advanced methods, and auctions. He describes the possible components involved in a licensing transaction: rights and other sources of value conveyed by the seller and money and other sources of value conveyed by the buyer, as well as a treatment of risks inherent in future projections. Finally, he explores how the value of licensing agreements can be structured and the principles upon which these structures can be negotiated. For licensing executives, corporate R&D departments, intellectual property consultants, university and government laboratories, attorneys, accountants, and business appraisers and executives, Early-Stage Technologies is a valuable resource that helps minimize uncertainties, characterize risks, and develop rational pricing models so that promising technologies are given every chance to realize their full potential.

From the Back Cover
Comprehensive coverage of the issues, methods, and art of valuing and pricing early-stage technologies To develop or not to develop; to license or not to license; what price will be a true reflection of the product's value from both the buyer's and seller's point of view? These questions are crucial to companies dependent on intellectual property-particularly technology companies, universities, and biotech companies. The risks associated with early-stage technology are high, and decisions must often be made years before any potential product will reach the market. In Early-Stage Technologies: Valuation and Pricing, Richard Razgaitis presents TR-R-A-DE(TM), a comprehensive approach to determining the future of new technologies based on technology rights, risk assignment, the art of deal-making, and deal economics. He considers the key components involved in a licensing transaction, offers a detailed presentation of six valuation methods for intellectual property, examines risk in both quantitative and qualitative terms, and explores the negotiation strategy and structuring of agreements that are the keys to the art of technology rights deal-making. Early-Stage Technologies is an indispensable tool for anyone involved in the development, valuation, and licensing of intellectual property, the most valuable resource and driving force of the information age.

About the Author
RICHARD RAZGAITIS is a consultant in licensing and technology commercialization. He is currently affiliated with IPC Group LLC, a company specializing in valuation and strategic management of intellectual property. For more than ten years he was Vice President of Technology Commercialization for Battelle and Bellcore, and involved in numerous license negotiations covering a broad range of technologies, from Advanced Materials and Processes to Software to Telecommunications and Networks. He has negotiated technology licenses with Fortune 50 companies as well as with 50-person companies, including spin-offs and start-ups. He has negotiated licenses in the U.S., Canada, Europe, and Asia.

I enjoyed reading Dr. Razgaitis book on the Early -Stage Technologies. It covered the different basic approaches to valuation. I specifically liked his analysis of the 25% rule and the Monte Carlo method for valuations. These two methods are on opposite ends of the difficulty spectrum of valuations. The details mentioned in those two methods has allowed me to strengthen the valuation reports that we do at Inavisis, Inc.

I also liked Chapter five which covers the Rating/ranking method to determine valuation. Although the chapter was general in nature, it outlined the basic principles that appraisal professional use in their valuation report and in litigation environment to support their analysis.

I use the stories outlined in the book in many of my valuation training courses. Dr. Razgaitis book is a must for the libraries of appraisal professional.

Sam Khoury

Product Details :
  • Series: Intellectual Property-General, Law, Accounting & Finance, Management, Licensing, Special Topics (Book 14)
  • Hardcover: 320 pages
  • Publisher: Wiley; 1 edition (October 8, 1999)
  • Language: English
  • ISBN-10: 0471328561
  • ISBN-13: 978-0471328568
  • Product Dimensions: 9.4 x 6.2 x 1.1 inches

More Details about Early-Stage Technologies: Valuation and Pricing (Intellectual Property-General, Law, Accounting & Finance, Management, Licensing, Special Topics), 1st Edition

Judgment and Decision Making in Accounting, 1st Edition, Sarah E. Bonner

http://www.amazon.com/gp/product/0138638950/ref=as_li_ss_tl?ie=UTF8&camp=1789&creative=390957&creativeASIN=0138638950&linkCode=as2&tag=bestaccounting-20


This unique first edition is the only book on the market that delivers a contemporary synthesis of both psychology and accounting literature related to judgment and decision making.

Judgment and Decision Making in Accounting is structured around an innovative framework that provides a unique way of thinking about JDM projects and organizing JDM research. Developed based on many years of teaching and research on accounting JDM, this unique framework succinctly describes the key issues in accounting JDM research, enabling readers to more quickly assimilate the vast material related to those issues. The framework also provides a basis to help readers evaluate their own current JDM research ideas, as well as generate further research questions.

If you are a PhD student in Accounting and your interests lie in Behavioral Research in Accounting, this text is a must read. Even if your interest lies in economic theory, this text will broaden your perspective on factors that are not considered in economic models.

This text is well-thought out and well written. Enjoy!

This book is an excellent overview of the major theories that impact accounting judgment and decision making. Too many people forget, or don't know, that accounting isn't made up of distinct rules with yes/no answers - there are many opportunities for financial results to be changed through a good/bad decision by an accountant.

The only thing that keeps this book from being four stars - it needs to be even longer and more detailed. This is an extremely relevant topic in today's world.

Product Details :
  • Paperback: 480 pages
  • Publisher: Prentice Hall; 1 edition (June 28, 2007)
  • Language: English
  • ISBN-10: 0138638950
  • ISBN-13: 978-0138638955
  • Product Dimensions: 0.9 x 7.1 x 8.5 inches

More Details about Judgment and Decision Making in Accounting, 1st Edition

Friday, December 6, 2013

Sarbanes-Oxley Guide for Finance and Information Technology Professionals, 2nd Edition, Sanjay Anand




Praise for Sarbanes-Oxley Guide for Finance and Information Technology Professionals "Effective SOX programs enlist the entire organization to build and monitor a compliant control environment. However, even the best SOX programs are inefficient at best, ineffective at worst, if there is a lack of informed, competent finance and IT personnel to support the effort. This book provides these important professionals a needed resource for and road map toward successfully implementing their SOX initiative." —Scott Green Chief Administrative Officer, Weil, Gotshal & Manges LLP and author, Sarbanes-Oxley and the Board of Directors

"As a former CFO and CIO, I found this book to be an excellent synopsis of SOX, with impressive implementation summaries and checklists." —Michael P. Cangemi CISA, Editor in Chief, Information Systems Control Journal and author, Managing the Audit Function

"An excellent introduction to the Sarbanes-Oxley Act from the perspective of the financial and IT professionals that are on the front lines of establishing compliance in their organizations. The author walks through many areas by asking 'what can go wrong' types of questions, and then outlines actions that should be taken as well as the consequences of noncompliance. This is a good book to add to one's professional library!" —Robert R. Moeller Author, Sarbanes-Oxley and the New Internal Auditing Rules

"Mr. Anand has compiled a solid overview of the control systems needed for not only accounting systems, but also the information technologies that support those systems. Among the Sarbanes books on the market, his coverage of both topics is unique." —Steven M. Bragg Author, Accounting Best Practices

"An excellent overview of the compliance process. A must-read for anyone who needs to get up to speed quickly with Sarbanes-Oxley." —Jack Martin Publisher, Sarbanes-Oxley Compliance Journal

This comprehensive guide provides a complete methodology for achieving Sarbanes-Oxley compliancy, namely the Sarbanes-Oxley Compliant Key Enterprise Technology (SOCKET) framework. The author is one of the world's leading regulatory compliance experts and Chairperson of the SOX Institute.

In terms of getting things done (and why it needs to be done) this is an excellent book. The SOCKET framework is laid out very clearly and you will find material and PowerPoint friendly bulleted lists covering every aspect of a SOX project (or, more accurately, a process).

Compared to the Manager's Guide to Compliance, the chapters constitute a more coherent narrative with more emphasis on organisational and IT issues. Compared to The Joy of SOX, it provides a generally more detailed coverage (but it is less entertaining). To give an example, the book contains a brilliant mapping between Sections of the Sarbanes-Oxley Act, business processes and affected technologies. Of course, it is not rocket science, but it is great value for money. For the IT professional, it goes beyond the presentation of the usual suspects COSO and COBIT by covering e.g. the ISO 1335 and 17799 standards.

Yet, despite the level of detail, the author manages to keep the momentum as he takes the reader through all the steps of a SOX compliance process in terms of the SOCKET framework. This implies that some important topics have been moved to the Appendices (that includes about 35 pages on COBIT 3 and 4).

One could wish for more examples and templates, but it is apparently easier said than done. (Another book from the same publisher that should provide templates, key processes, and checklists has been postponed until February 2007.) Apparently, Sanjay Anand is currently working on another book Essentials of Sarbanes-Oxley that will include "Tips and Techniques" and "In the Real World" features with realistic advice on compliance. At least until then, the Sarbanes-Oxley Guide is the book to buy.

Product Details :

  • Hardcover: 288 pages
  • Publisher: Wiley; 2 edition (March 24, 2006)
  • Language: English
  • ISBN-10: 0471785539
  • ISBN-13: 978-0471785538
  • Product Dimensions: 1 x 6.1 x 9.1 inches


More Details about Sarbanes-Oxley Guide for Finance and Information Technology Professionals, 2nd Edition

Legal Studies: Terminology & Transcription (with CD-ROM), 5th Edition, Wanda Roderick-Bolton




This text provides a basic understanding of legal vocabulary for administrative personnel in a legal office. Over 900 terms commonly used in the legal profession are included. Users will learn to define the terms and use them in a legal context. Keyboarding practice from printed copy will reinforce learning the correct spelling and proper use of each term.

Review
1. Courts and the Legal System. 2. General Legal Terminology. 3. General Legal Terms. 4. General Legal Terms. 5. Litigation-Pretrial. 6. Litigation-Pretrial. 7. Litigation-Trial and Proceedings. 8. Litigation-Trial and Proceedings. 9. Litigation-Verdicts and Judgements. 10. Litigation-Judgements and Appeals. 11. Civil Actions. 12. Civil Actions. 13. Criminal Law. 14. Criminal Law. 15. Probate-Wills and Estates. 16. Probate-Wills and Estates. 17. Real Property. 18. Real Property. 19. Contracts. 20. Contracts and Leases. 21. Domestic Relations-Marriage, Separation and Divorce. 22. Domestic Relations-Marriage, Separation and Divorce. 23. Commercial Paper. 24. Commercial Paper. 25. Bankruptcy. 26. Agency. 27. Equity. 28. Partnerships. 29. Corporations. 30. Corporations. 31. Additional Legal Terms-General and Real Property. 32. Additional Legal Terms-Domestic Relations, Corporations, Probate, Bankruptcy, and Contracts and Leases.

About the Author
Wanda Roderick-Bolton developed the Court and Conference Reporting program at Lansing (Michigan) Community College, where she was also a professor of Business. She taught the Court and Conference Reporting program for 16 years. She has degrees from Murray State University, Illinois State University, and Michigan State University as well as additional graduate study at the University of Illinois. She is currently owner and president of R&W Associates, a real estate investment and development company, where she oversees the daily operations and the legal and financial aspects of the business. She is listed in numerous Who's Who publications, including Who's Who of Women in Education, Men and Women of Distinction, and The International Who's Who of Intellectuals. She is an Associate Member of the National Court Reporters Association, a member of the National Business Education Association, a small-business consultant, and a Trustee for Starr Commonwealth Schools in Michigan and Ohio.

My son did well this term at college, so the book must have done something. I had no first hand experience with it. I had hit shipped to him, and that worked just fine.

Thank you for sending my book in a timely manner. I received it sooner than I had expected. I was able to keep up with my class due to you quick response.

I received my book in better conditions than described. No marks at all. I would actually buy all my textbooks from you, I have mention you to my friends and they all agree to buy there books from McKenzie Books. I give you a perfect score for a perfect item.

Product Details :

  • Paperback: 512 pages
  • Publisher: Cengage Learning; 5 edition (August 7, 2003)
  • Language: English
  • ISBN-10: 0538437227
  • ISBN-13: 978-0538437226
  • Product Dimensions: 0.8 x 8.3 x 10.7 inches


More Details about Legal Studies: Terminology & Transcription (with CD-ROM), 5th Edition