Finance professionals grapple with risk every day--it's the inescapable partner of all financial market participants. As a result, high-stakes financial professionals are continually trying to streamline and perfect their risk management techniques. Financial risk management quantifies and controls risk (loss potential) and helps drive capital to its optimal use (profit seeking). This book is a much-needed guide for financial firms. It describes the latest risk management tools, financial instruments, and practical implementation strategies. And they're presented in a real-world, nonacademic manner. This book presents the latest information onIdentifying risk: the spectrum of risks faced by market participantsMeasuring and quantifying risk: ways to track and value market and credit risksManaging risk: a practical framework for financial risk management implementation

Also includes "The Ten Commandments of Financial Risk Management," how and when to use the latest financial instruments and derivatives, and setting up a trackable risk management initiative.

Controllers recognize that modern cost management helps their companies make better operational and strategic decisions. By using such tools as ABC, ABM, balanced scorecard, and target costing, controllers can make their corporations leaders in their industry and create a competitive edge over corporations that are still relying on the "old time religion" of variance analysis, budgets, and cost-volume profit analysis.

The goal of Angel Financing is to get deals funded by providing useful, research-grounded, relevant, practical information to investors, entrepreneurs, and intermediaries.

This area of investment is the "pre-IPO," characterized by private placement transactions primarily equity in nature. Entrepreneurs must understand the problem, face the challenge, and possess the skills necessary to address the problem. Because their resources, time, and training are limited, entrepreneurs must understand the private placement, a unique process that demands a capitalization strategy.

Most importantly, entrepreneurs must embrace the investor perspective. In this one-of-a-kind book, Angel Financing provides a strategy that works. Hundreds of people have used the principles detailed in this book to raise millions of dollars.

The value of the angel investor, after all, can no longer be denied: Angel capital is the primary source of capital for early-stage deals. This fact alone accounts for the plethora of matching networks, seminars, and venture forums on the subject. Although the huge contribution of the angel capital market in creating jobs, expanding the tax base, and increasing our global competitiveness through technological innovation is well known, little is understood about the angel equity market and how deals really get done.

Moreover, over the last ten years, the authors have built the largest angel database in North America and interviewed thousands of investors about the nature of the pre-IPO investment process. Through their proprietary research and their comprehensive development of a typology of investors, the reader will not only be better positioned to identify and qualify investors, but will also be better sensitized to prepare the documents and the sales strategy to close their deals.

In Angel Financing, the angel investors tell their stories in their own words. The reader learns in depth about the forces that create this investment opportunity in high-risk investing. The reader journeys through the investors’ hedging strategies, risk assessments, syndication orientation, financial return expectations, deal structuring preferences, monitoring investments, harvesting returns, and realistic exit strategies.

What’s more, many investors themselves do not understand the valuation process involved in "blue sky" deals where there are no historical financials available. The valuation process is an art form in early-stage investing and for the first time it is candidly reviewed.

Even more important is the due diligence process. Angel Financing answers the most basic questions that sometimes even investors are too embarrassed to ask. So for straight talk on how to make money in this market, get the insights of the successful investors who have made millions.

In the United States, two million investors possess the discretionary net worth necessary to invest in pre-IPO private placements. Why is it that only 250,000 to 300,000 are active each year? The reason is that these investors–while interested–do not understand the process, do not understand how to find the deal, do not know how to determine which deal justifies their efforts, and do not know how to develop a hedging strategy.

Whether you are a dreamer, dream maker, or providing services to either, Angel Financing is the ultimate practical reference guide to add to your professional business development library.

GERALD A. BENJAMIN is Senior Managing Partner of International Capital Resources, a capital sourcing firm headquartered in San Francisco, California. He is the founder of the largest database of angel investors in the United States and developed the largest investor-entrepreneur matching network in North America. Mr. Benjamin is publisher of the Private Equity Review, the Executive Director of the Northern California Venture Forum, and Executive Director of the Angel Capital Summit (the largest annual angel capital conference in the United States). He is also a founding partner in Angel Lake Capital Partners, an early-stage venture capital fund specializing in medical, telecommunications, Internet and high-tech manuals.

Get the money your start-up business needs

"Finally, two experienced fundraising advisors demystify the process for entrepreneurs and individual investors. This should be required reading for ALL start-up companies because an outside capital investment is paramount to their existence." – Lori King CEO and Founder NVST.COM, Inc.

"Angel Financing presents an innovative capitalization strategy that works. Based on extensive academic research and filled with practical advice, it is an invaluable resource for all participants in the early-stage capital formation process." – E. Jeffrey Lyons Managing Director Marquette Consulting Group, Inc.

"I think Angel Financing must be read by all those looking to raise capital. It is also a great resource for those angel investors with little experience but the desire to get involved with early- stage companies." – George A. Mathews President Southwest Capital Resources, Inc.

"Angel Financing is the most comprehensive guide for private investments that I have seen. A must-read for angels and entrepreneurs!" – Jerry E. White Business Founder, Owner, and Chairman/CEO ICR Licensee

* Invaluable handbook for all voluntary and charitable organizations on raising money* Sets out the strategies and tactics for mobilizing resources from available sources* Published with the Aga Khan FoundationA clear and practical guide aimed at the managers of non-governmental and civil society organizations, primarily in developing countries, on how to raise funds for themselves and become financially self-reliant. The author examines all the options - accessing existing wealth, generating new wealth, and mobilizing non-financial resources - and shows how to identify funding opportunities and how to maximize results. He covers earned income, local foundations, governmental sources, foreign agencies, the corporate sector, micro-credit, the internet and social investments. He sets these within a strategic overview of planning and management effectiveness.

With the Common Core poised to markedly amplify the accountability stakes in public education, the pressure to post steep outcomes gains has never been fiercer. Unsurprisingly, flashy and expensive school improvement initiatives that promise quick fix solutions have become pervasively en vogue across the K-12 landscape. As Justin A. Collins compellingly demonstrates in Burning Cash, these flashy acronym reform plans provide for abundantly vivid theatre, but offer no muscle for the heavy lifting required to transform instructional quality. Collins pens a forceful case that despite the dizzying change swirling around the classroom walls, student engagement remains a fixture of a paramount importance. Taking a decided detour from the student engagement literature to date, Burning Cash spells out an entirely fresh means of numerically charting student engagement levels across all classrooms over time. Were the status quo to instead persist, a high school diploma will remain the end of the educational line for millions of schoolchildren. By reliably quantifying the nature of student engagement at the classroom level, teachers and administrators are supplied a powerfully telling barometer by which to gauge educational quality. Also left at educational leaders' disposal are data-informed guideposts that illuminate the improvement work left to be done. As Los Angeles Schools' John Deasy champions in the book's foreword, when student higher-order thinking balloons and disengagement is eradicated, test score spikes are extreme and sustained, no matter the school district's zip code. And that means the promise of the American dream is enlivened without additionally burdening deficit-riddled budgets.

A contributed handbook on the complexities of portfolio management that includes the most up-to-date findings from leading practitioners in the fixed income securities market.

Gain a deeper understanding of the issues surrounding financial risk and regulation Foundations of Financial Risk details the various risks, regulations, and supervisory requirements institutions face in today's economic and regulatory environment. Written by the experts at the Global Association of Risk Professionals (GARP), this book represents an update to GARP's original publication, Foundations of Banking Risk. You'll learn the terminology and basic concepts surrounding global financial risk and regulation, and develop an understanding of the methods used to measure and manage market, credit, and operational risk. Coverage includes traded market risk and regulation, treasury risk and regulation, and much more, including brand new coverage of risk management for insurance companies. Clear explanations, focused discussion, and comprehensive relevancy make this book an ideal resource for an introduction to risk management. The textbook provides an understanding of risk management methodologies, governance structures for risk management in financial institutions and the regulatory requirements dictated by the Basel Committee on Banking Supervision. It provides thorough coverage of the issues surrounding financial risk, giving you a solid knowledgebase and a practical, applicable understanding. * Understand risk measurement and management * Learn how minimum capital requirements are regulated * Explore all aspects of financial institution regulation and disclosure * Master the terminology of global risk and regulation Financial institutions and supervisors around the world are increasingly recognizing how vital sound risk management practices are to both individual firms and the capital markets system as a whole. Savvy professionals recognize the need for authoritative and comprehensive training, and Foundations of Financial Risk delivers with expert-led education for those new to risk management.

Cost control and cost planning are an integral part of quantity surveying and construction management courses.
This new book on building design uses programmed learning to demonstrate the ideas of cost control and cost planning, from first principles through practice. Worked examples are used throughout the concise and easily accessible text.

How can we value an enterprise that has no earnings or cash flows, so that traditional and conventional valuation techniques are therefore not applicable? This book addresses the problem, and presents a model for valuing enterprises that may have no existing assets but only growth opportunities.

Written in highly readable layman's language, Fundamentals of Venture Capital is a concise introduction to the key issues facing both investors and entrepreneurs as they embark on the journey of turning a good idea into a profitable reality.

Managing International Political Risk analyzes the changing nature of threats to international investment in the "BEMa s"-- Big Emerging Markets-- such as China, Brazil, Russia, Pakistan, India, Venezuela, Vietnam, and the Philippines. The book examines the strategies developed by investors and lenders to deal with political risk in large oil, mining, and private infrastructure projects. The book provides essential reading for international business and corporate finance classes in business schools and economics departments. It offers valuable insights and practical advice for international corporations, banks, investment funds, and insurers as they search fr methods to manage political risk in the contemporary period. Corporate strategies from Chevron, Exxon, Llotda s of London, Citicorp, and Standard & Poora s, among others, examine the tools, techniques, and stratgeies adopted by firms and financial institutions to offset or deter political risk. Together with leading academics, they assess the costs and benefits of project finance, non--recourse lending, alternative syndication structures, securization of export receivables, bullet bonds, local financial participation, offshore escrow accounts, multilateral guarentees, and public and private political risk insurance. They navigate the cutting edge of new "deal structures" including credit derivatives, default swars, credit-- linked notes, total return swaps, and two--way trades of " bite--sized" risk units.

"Managing International Political Risk" analyzes the changing nature of threats to international investment in the "BEM's" - Big Emerging Markets - such as China, Brazil, Russia, Pakistan, India, Venezuela, Vietnam, and the Philippines. The book examines the strategies developed by investors and lenders to deal with political risk in large oil, mining, and private infrastructure projects. The book provides essential reading for international business and corporate finance classes in business schools and economics departments. It offers valuable insights and practical advice for international corporations, banks, investment funds, and insurers as they search for methods to manage political risk in the contemporary period.Corporate strategies from Chevron, Exxon, Llotd's of London, Citicorp, and Standard & Poor's, among others, examine the tools, techniques, and stratgeies adopted by firms and financial institutions to offset or deter political risk. Together with leading academics, they assess the costs and benefits of project finance, non-recourse lending, alternative syndication structures, securization of export receivables, bullet bonds, local financial participation, offshore escrow accounts, multilateral guarantees, and public and private political risk insurance. They navigate the cutting-edge of new "deal structures", including credit derivatives, default scars, credit- linked notes, total return swaps, and two-way trades of " bite-sized" risk units.

The world of digital television means hundreds of channels, all trying to be different, all looking for a product. But the overall international production spend has scarcely increased. This work shows ways in which to make high quality programmes at budget levels which were previously thought impossible, and how to make a living doing it Written by a director/producer/writer, the book offers an insight into the "real world" of television programme making, with examples of how different low budget programmes have been handled successfully with professional results.

Nothing provides a clearer picture of the financial strength (or weakness) of any business than an understanding of its cash flow strategy. Since cash is the life-blood of any business, the strength of the enterprise is directly related to the quality of its cash flow management strategies.
Cash-management specialist Keith Checkley has consulted with and trained cash management specialists throughout the world. He brings the reader up to date on the important issues and essential techniques for implementing and managing an effective cash flow system. New case studies make the concepts easy to understand and apply.
"Cash Is Still King" is divided into three parts: 1) cash flow and business management; 2) cash flow and banking relationships; and 3) cash flow and restructuring or reorganizing a business.

Series Information:
Financial Sector of the American Economy

A presentation of the problems and opportunities inherent in contemporary banking. It is devoted to the understanding and use of the capital markets in the broadest sense - to enhance the overall strength of banks and finance companies. The authors provide comprehensive treatment of such topics as: money markets; foreign exchange markets; bills, CDs, and commercial paper; Eurobond markets; and markets in derivative instruments.

Financial Management and Real Options provides comprehensive and up-to-date coverage of financial management. Jack Broyles’ writing style makes concepts more easily understood and chapters significantly shorter than in comparable financial management textbooks. Accordingly, this book is particularly suitable for students on MBA programmes and for executives.

• Covers all main financial management topics in a concise and accessible manner

• Demonstrates clearly why correct capital investment decisions require the valuation of relevant real options and provides a pragmatic approach to real options valuation.

• Written in a non-mathematical style appealing to MBA students and executives

• Includes 185 exercises helping students understand key concepts

Financial Management and Real Options is written for MBA students taking courses in financial management and corporate finance. It is also of great interest to executives needing to improve their knowledge of financial management.

Supplementary materials for lecturers adopting the text is provided on the following web site www.wiley.co.uk/broyles

Cost models underlie all the techniques used in construction cost and price forecasting. An understanding of the nature and relevance of the various types of models is vital to the success of forecasting the financial implications of different design decisions and to the effectiveness of cost control. This series of readers presents the extant knowledge by assembling the terminal papers written to date in the field of building economics.

This text is a clear, non-technical and analytical introduction to company reporting for students in business and management at all levels. It has been carefully researched, designed and written for those studying in non-accounting disciplines including business studies, management studies, engineering and humanities. Equally it will be useful for those taking postgraduate courses and who are new to the finance and accounting field.

The author assumes no previous knowledge of company reporting and leads the reader carefully through the key features of the field to give a clear understanding of:

* The professional and legal regulations that support the foundations of company reporting

* Analysis and interpretation of company financial statements from the user's perspective

* The major weaknesses and limitations of company reports, and the questioning approach that the user should adopt

* The impact of European and environmental issues.

The book's relevance and applicability to the real world of business is enhanced throughout by reference to and analysis of real life company financial statements and reports.

The book is designed to provide a conceptual framework for management accounting. The student as well as the practitioner in management accounting should be aware not only of the new multidisciplinary scope of the field but also of the conceptual foundations which justify this extended scope. Unlike most management accounting books which do not introduce or integrate all these foundations and are generally restricted to an exposition of cost accounting techniques, this book both asserts that the management accounting professional needs a grounding in various disciplines and justifies the adaptation of their techniques to managerial problem solving.

Five conceptual foundations envisioned for management accounting are presented: accounting foundations, decisional foundations, organizational foundations, behavioral foundations, and strategic foundations. A recurrent theme in each of these chapters is that a failure to grasp any of these conceptual foundations of management accounting may result in deficiencies in the management accounting system and inadequacies in the provision of the diverse services required by both the small and the complex organizations of today.

Private medical practice is an attractive option for career development. In the United Kingdom it forms a significant industry, yet little has been done to assist medical consultants in managing their businesses. This book gives clear advice to all medical practitioners on both business management and performance. It outlines ways to improve financial performance and economic efficiency in a constantly changing market. It reveals some of the 'secrets' of the successful business professional, and relates business management theories and techniques to real day-to-day problems. Written by a practising accountant and business advisor, this book provides help with finance, banking, taxation, staffing, marketing, medical insurance companies, and business planning, and considers future developments. It is essential for all those contemplating or currently working in private medical practice, and valuable to business, legal and financial professionals servicing this field.

Fact: Barings was an excellent company, with professional managers. Their careers were devastated by fraud. How many other managers are now in the same position without knowing it? Fact: The average company loses between 2 per cent and 5 per cent of its turnover as a result of dishonesty. When Mike Comer's book first appeared it quickly established itself worldwide as the standard work in its field. This third edition is a radical revision reflecting the world of EDI, electronic commerce, derivatives, computerization, empowerment, downsizing and other recent developments. Ironically, many of these have exposed companies to an alarming range of new risks. With the help of real-life case histories the author identifies the main types of fraud, the circumstances in which they occur and the telltale signs that give them away. He examines internal control systems and the attitudes and practices that allow fraud to flourish. He explains in detail how fraud can be prevented and detected, and shows why it is that many fashionable management techniques can also potentially pave the way to corporate disaster.

At a time when traditional funding is diminishing and costs increasing, the need to look to new external sources of money is now central to survival for many organizations. New avenues of funding often demand a new outlook, and old ways of thinking can prove to be barriers to success. This book looks not only at methods for raising funds, providing practical steps in preparing for new funding initiatives, but also at the attitudes and mind-sets that form part of the whole picture. The volume is concise and accessible, with plans of action, bullet lists and diagrams for ease of consultation.

Ten years in discussion and development, Total Capacity Management provides the most complete overview of the history and techniques of capacity cost management-a timely, yet timeless, issue applicable to both capital-intensive and labor-intensive organizations.

Through explanations of various capacity cost management models, executives and managers can create the most appropriate model for their organization's distinct needs.
Total Capacity Management shows the way for companies and managers to gain and maintain an exceptional competitive edge.

This text is part of a practical tool-kit designed to help managers take control of their budgets. It should enable managers to understand the reports from management accounts and to know what to expect or demand from them. It has been exclusively developed to suit the specific needs of the NHS.