This book was born of a demand from academics, practitioners and students for an authoritative work on the subject of financial management with a South African background and covers all aspects of finance, both at central and local government level. The approach followed is normative/descriptive, and the content is presented in a universally applicable manner.;Experts in the field will find the work indispensable, and members of municipal councils and legislative authorities, officials and members of the public who take an interest in central and local government affairs, will find it most instructive.

""Minervini has run circles around most PhDs trying to design systems to beat the market."" -- JACK SCHWAGER, bestselling author of Stock Market Wizards

""Mark's book has to be on every investor's bookshelf. It is about the most comprehensive work I have ever read on investing in growth stocks."" -- DAVID RYAN, three-time U.S. Investing Champion

"" Minervini is] one of the most highly respected independent traders of our generation. His experience and past history of savvy market calls is legendary."" -- CHARLES KIRK, The Kirk Report

""One of Wall Street's most remarkable success stories."" -- BEN POWER, Your Trading Edge THE INVESTOR'S GUIDE TO SUPERPERFORMANCE

Dramatically increase your stock market returns with the legendary SEPA system

For the first time ever, U.S. Investing Champion Mark Minervini reveals the proven, time-tested trading system he used to achieve triple-digit returns for five consecutive years, averaging 220% per year for a 33,500% compounded total return.

In "Trade Like a Stock Market Wizard," Minervini unveils his trademarked stock market method SEPA, which provides outsized returns in virtually every market by combining careful risk management, self-analysis, and perseverance. He explains in detail how to select precise entry points and preserve capital--for consistent triple- digit returns.

Whether you're just getting started in the stock market or you're a seasoned pro, Minervini will show how you how to achieve SUPERPERFORMANCE You'll gain valuable knowledge as he shares lessons, trading truths, and specific tactics--all derived from his 30-year career as one of America's most successful stock traders.

"Trade Like a Stock Market Wizard" teaches you: How to find the best stocks before they make big price gains How to avoid costly mistakes made by most investors How to manage losses and protect profits How to avoid high-risk situations Precisely when to buy and when to sell How to buy an IPO Why traditional valuation doesn't work for fast-growing Superperformers Examples of Minervini's personal trades with his comments

With more than 160 chart examples and numerous case studies proving the remarkable effectiveness of Minervini's methodology, "Trade Like a Stock Market Wizard" puts in your hands one of the most effective and--until now--secretive stock investing systems in the world.

MARK MINERVINI has a trademarked stock market method that produces outsized returns in virtually every market. It's called Specific Entry Point Analysis--SEPA--and it has been proven effective for selecting precise entry points, preserving capital and profi ts with even more precise exit points--and consistently producing triple-digit returns.

Now, in "Trade Like a Stock Market Wizard," Minervini shares--for the fi rst time ever--his coveted methodology with investors like you

The Finance Book will help you think and manage like a financial strategist.

Written specifically for non-finance professionals, it will give you all you need to know to manage your business more effectively and think more strategically.

It will help you to:

• Read and interpret financial statements with confidence
• Understand financial and business language
• Learn how to analyse financial performance
• Make better financial decisions
• Deepen your learning via interactive resources

Covering business finance, accounting fundamentals, budgeting, profitability and cash management, you'll find the tools you need in order to make the best financial decisions for your business.

Unlike some other reproductions of classic texts (1) We have not used OCR(Optical Character Recognition), as this leads to bad quality books with introduced typos. (2) In books where there are images such as portraits, maps, sketches etc We have endeavoured to keep the quality of these images, so they represent accurately the original artefact. Although occasionally there may be certain imperfections with these old texts, we feel they deserve to be made available for future generations to enjoy.

Corporate Finance: A South African Perspective explains financial management concepts and practice in an accessible and concise way, while supporting students with plenty of practice examples and illustrations of real-life applications.

The book is aimed at second- and third-year students of financial management who are enrolled in general B.Com degrees or B.Bus.Sci degrees, as well as third- and fourth-year students of financial management at universities of technology. It will also be of value to MBA and postgraduate diploma students taking courses in finance.

New to this edition:

•    Opening and closing case studies and other application examples have been updated with the latest developments or replaced with brand-new case studies and examples.
•    The graded end-of-chapter questions comprising multiple choice questions and longer questions have been revised, and new questions have been added
•    There is a greater focus on the ramifications of risk within the post-pandemic environment.
•    Chapter 1 Introduction to financial management outlines the changes envisioned by the King V Code on Corporate Governance for South Africa.
•    Chapter 2 Financial statements has been updated with the recent changes in Accounting Standards, including IFRS 18 Presentation and disclosure in financial statements.
•     Chapter 3 Ratio analysis includes a section on how artificial intelligence (AI) is transforming financial statement analysis.
•    Data and statistics in worked examples and in the text have been updated throughout the book where applicable.

Table of Contents:

Part 1: Measurement
Chapter 1: Introduction to financial management
Chapter 2: Financial statements
Chapter 3: Ratio analysis
Part 2: Investment decisions
Chapter 4: The time value of money
Chapter 5: Investment appraisal methods
Chapter 6: Estimating relevant cash flows
Chapter 7: Appraising investment risk
Chapter 8: Bond valuation and interest rates
Chapter 9: Share valuation
Part 3: Financing decisions
Chapter 10: Risk and return
Chapter 11: Cost of capital
Chapter 12: Sources of finance and capital structure
Part 4: Dividends
Chapter 13: Distribution policy
Part 5: Working-capital management
Chapter 14: Working-capital management    

Auditing Fundamentals in a South African Context: Graded Questions, Fourth Edition, presents a comprehensive collection of auditing questions designed to support effective learning and application across the undergraduate auditing curriculum. The material is structured to provide practice material at a range of cognitive levels, from foundational understanding to advanced integration of knowledge.

This fourth edition includes new and updated questions, with expanded coverage of contemporary topics such as risk assessment and internal controls in computerised environments. A helpful guidance feature throughout the text supports students in developing independent competency in applying auditing principles.

Designed to complement the structure and pedagogical approach of the companion textbook, Auditing Fundamentals in a South African Context, this question book functions both as an ideal companion volume and as a stand-alone resource for practice and revision.

New to this edition:

Auditing Fundamentals in a South African Context: Graded Questions, Fourth Edition includes new question material for practice and application of theory. This material includes new questions relating to IT auditing, ethics, governance, and other areas of the curriculum

Table of Contents:

Part A The context within which the external auditor operates
Chapter 1: Introduction.
Chapter 2: . Ethics.
Chapter 3: Legal responsibilities of the auditor.
Part B The auditee’s responsibility for financial information
Chapter 4: Basic concepts of governance and internal control.
Chapter 5: Introduction to risks and internal controls in a computerised environment.
Chapter 6: Revenue and receipts cycle.
Chapter 7: Purchases and payments cycle.
Chapter 8: Inventory and production cycle.
Chapter 9: Human resources cycle.
Chapter 10: Investment and financing cycle.
Part C The external audit process
Chapter 11: Overview of the audit process.
Chapter 12: Pre-engagement and planning activities.
Chapter 13: Audit procedures: Essential concepts.
Chapter 14: Audit procedures: Specific considerations.
Chapter 15: Completion of the audit. Chapter 16: The independent review.

Many people are intimidated by the stock market and choose instead to put their money into savings accounts that pay very little. They believe that: - Buying shares is too risky - Buying shares is too complicated - You need a lot of money for it to be worthwhile. But none of these things are true and this book explains why. It provides a simple and accessible introduction to the basic principles of investing in the stock market. With an understanding of these, and a consistent approach to investment, you can make a good return from stocks and shares. In this book you will discover: - How to use the way you and others behave to your advantage; - How to get more than you pay for; - How to increase your wealth over time by consistently following some really simple steps. Contents: About the author; 1. Introduction; 2. So who do you think you are?; 3. Think like a machine; 4. The journey begins; 5. Understand the business not the share price; 6. Selecting your shares; 7. Time is your ally - the Harley Davidson example; 8. The share price - get what you don't pay for; 9. Risky business; 10. Revenue and pre-tax profit. Are they getting bigger?; 11. Is the company making a lot of money from the money it spends or spending a lot of the money it makes?; 12. Consistent investing can pay dividends; 13. Buy companies that can live within their means; 14. A great company has quality leadership; 15. Don't just buy eggs and have more than one basket; 16. Does size matter?; 17. A global perspective; 18. Two apples don't make an orange; 19. Investment fads - how they happen and why they are bad for your wealth; 20. The future isn't what it used to be; 21. Cost averaging; 22. Some work examples; 23. Tesco; 24. Amur Minerals Corporation; 25. Marks and Spencers Group; 26. AstraZeneca; 27. William Hill; 28. British American Tobacoo; 29. QinetiQ Group; 30. Interior Services Group; 31. Screening for value shares - low risk and high reward; 32. Now you own your own business; 33. There is a time to sell; 34. The craft of consistent investing; 35. Some additional signposts; 36. Guiding principles for the consistent investor; Index.

So no one taught you about money, either? Let’s figure this me$$ out together.

In this illustrated, deeply unserious guide to money, Berna Anat—aka the Financial Hype Woman—freaks out her immigrant parents by doing the unthinkable: Talking about money. Loudly.

Because we’re done staying silent, anxious, and ashamed about our money. It's time to join the party and finally learn about all the financial stuff that always felt too confusing. Stuff like:

• How to actually budget, save, and invest (but also make it fun)
• How our traumas shape our most toxic money habits, and how to create new patterns
• How to build wealth in a system designed to keep us broke
• How to use money to fund our biggest dreams—and change the world

No more keeping our money on mute. It’s time to grab the mic.

A heartfelt, humorous personal memoir and relatable guide to overcoming obstacles, wising up about romance, and getting ahead in your career from the star of Netflix's hit reality show Selling Sunset. In this engaging, witty, and inspirational memoir, Chrishell Stause shares her story of living an unconventional childhood in small-town Kentucky marked by periods of homelessness, family addiction struggles and dreams of one day being on a daytime soap, all while managing the local Dairy Queen. Through resilience and grit, she overcame obstacles and pushed past every barrier in her path to become one of the most envied luxury realtors in Los Angeles and buzzworthy cast members in reality TV. She takes us behind the scenes of Selling Sunset, reveals never-before-told stories from her life in soaps, and even pulls back the curtain on her highly publicised love life, offering insight not before shared. With her signature honesty and charm, Stause also gives tangible advice based on the lessons she's learned over the years and offers unique insight about how to stay resilient and positive no matter how many times life knocks you down. Under Construction is for anyone who wants to remember that no matter what happens or how, you have to get up, dress up and show up - and walk back into the room stronger than ever before.

Auditing Fundamentals in a South African Context, Third Edition provides a clear, practical, and accessible introduction to the core principles of auditing. Designed to support students throughout the undergraduate auditing curriculum, the text integrates theory with real-world application in a distinctly South African setting.

The book presents auditing concepts within a rich contextual framework, enhancing understanding of both the principles and the broader business environment. A continuing case study, based on a typical South African audit client, illustrates the practical application of auditing principles across each phase of the audit process. A well-developed pedagogical approach encourages applied learning, as well as independent, critical and reflective engagement with the subject matter.

This third edition has been thoroughly revised and updated to reflect recent changes in legislation, financial reporting standards, auditing pronouncements, and governance codes. It also addresses the growing impact of technological advancements on the auditing profession, exploring their relevance and application to principles and practice.

This title is a companion to Auditing Fundamentals in a South African Context: Graded Questions, Fourth Edition.

New to this edition:

Comprehensively revised and updated to address the changes in principles of corporate governance, and requirements of legislation, financial reporting and auditing pronouncements and codes that have occurred since the publication of the previous edition of this work. 
The third edition text is designed to enable effective development of key competencies in the auditing discipline, in particular:
•    Audit competencies, as prescribed by the SAICA CA2025 competency framework;
•    Digital acumen and innovation;
•    Business acumen. 

The text is now paired with a separate component featuring the Nsimbi Piping case study and documentation of business cycle transactions, enabling readers to work with both components simultaneously and cross-reference them with ease.

Table of Contents:

Part A The context within which the external auditor operates
Chapter 1: Introduction.
Chapter 2: Ethics.
Chapter 3: Legal responsibilities of the auditor.
Part B The external audit process
Chapter 4: Basic concepts of governance and internal control.
Chapter 5: Introduction to risks and internal controls in a computerised environment.
Chapter 6: Revenue and receipts cycle.
Chapter 7: Purchase and payments cycle.
Chapter 8: Inventory and production cycle.
Chapter 9: Human resources cycle.
Chapter 10: Investment and financing cycle.
Chapter 11: Overview of the audit process.
Chapter 12: Pre-engagement and planning activities.
Chapter 13: Audit procedures: Essential concepts.
Chapter 14: Audit procedures: Specific considerations.
Chapter 15: Completion of the audit.
Chapter 16: The independent review.

FinTech has revolutionized the way financial services are delivered and consumed in the modern world and the use of central bank digital currencies is gaining traction. With these new advancements, further study is required to ensure they are utilized appropriately and reach their full potential. Exploring the Dark Side of FinTech and Implications of Monetary Policy examines recent advancements in central bank digital currency and many FinTech applications and discusses FinTech trends, possibilities, and challenges as well as different moral, ethical, and social issues. Covering key topics such as digital economy, monetary policy, and sustainability, this reference work is ideal for managers, industry professionals, business owners, entrepreneurs, policymakers, researchers, scholars, practitioners, instructors, and students.

The goal of investment management is to achieve the investor's required rate of return by putting assets to their most productive use. The return should compensate the investor for the time during which the funds are committed, the expected rate of inflation and the uncertainty of the anticipated future financial benefits from the investment. Investment management is a concise yet comprehensive introduction to investment analysis and portfolio management, specifically in the South African context. Investment management provides a broad framework and a thorough network of guidelines for the investment management student. It focuses on investment in financial assets such as shares and bonds, and explains both fundamental and technical analysis. It investigates portfolio management and how derivative instruments such as futures, options and swaps may be used for this purpose. A chapter is devoted to the foreign exchange market and its management, and a chapter dealing with the governance of investment management is included. By means of self-assessment questions at the end of each chapter, it prepares undergraduates for postgraduate study and is written with the Chartered Financial Analyst (CFA (R)) Level I learning outcomes in mind. Investment management is aimed at undergraduate investment management students.

This clear and concise Advanced Introduction to National Accounting explores the post-1960 modernization of national accounting. John M. Hartwick offers insights into the arrival of Total Factor Productivity (TFP) and user cost, highlighting the importance of Tornqvist index numbers and translog production, cost and utility functions in its modernization. Key features include: an exploration of personal income distribution and national accounting an exposition of the links between various forms of utility functions and index numbers a chapter devoted to the incorporation of the decline in stocks of natural capital into the national accounts a report on the measurement of welfare and GDP change arising from technical change and shifts in a nation's terms of trade. An important read for economics and accounting scholars, this Advanced Introduction offers useful insights to the key topics around national accounting. It will be a helpful tool for students on advanced macroeconomics and economics of natural resources courses.

VAT: An Introduction initiates students and practitioners into the South African value-added tax (VAT) system by guiding them through the basic principles of the Value-Added Tax Act 89 of 1991 (VAT Act). It covers the processes to be followed when dealing with VAT and sheds light on the most important case law and VAT legislation.

Complex concepts and the key objectives and principles of the VAT system are explained simply and clearly, without using unnecessary jargon. This makes VAT: An Introduction suitable for anyone who has to apply basic VAT principles in a business environment or provide general VAT advice and assistance.

The book is also an excellent study guide for students. It will help students understand the mechanics of the South African VAT system and the practical implications of VAT. Students and practitioners will find the revision questions at the end of each chapter useful to test their understanding and knowledge of the fundamentals of VAT.

Created by the experienced author team of Frank Fabozzi, Henry Davis, and Moorad Choudhry, "Introduction to Structured Finance" examines the essential elements of this discipline. It is a convenient reference guide--which covers all the important transaction types in one place--and an excellent opportunity to enhance your understanding of finance.

The Pyramid of Lies by international financial journalist Duncan Mavin, is the true story of Lex Greensill, the Australian farmer who became a hi-flying billionaire banker before crashing back down to earth, exposing a tangled network of flawed financiers, politicians and industrialists. Lex Greensill had a simple, billion-dollar idea - democratising supply chain finance. Suppliers want to get their invoices paid as soon as possible. Companies want to hold off as long as they can. Greensill bridged the two, it's mundane, boring even, but he saw an opportunity to profit. However, margins are thin and Lex, ever the risk taker, made lucrative loans with other people's money: to a Russian cargo plane linked to Vladmir Putin, to former Special Forces who ran a private army, and crucially to companies that were fraudulent or had no revenue. When the company finally collapsed it exposed the revolving door between Westminster and big business and how David Cameron was allowed to lobby ministers for cash that would save Greensill's doomed business. Instead, Credit Suisse and Japan's SoftBank are nursing billions of dollars in losses, a German bank is under criminal investigation, and thousands of jobs are at risk. What Bad Blood did for Silicon Valley and The Smartest Guys in the Room did for Wall Street, The Pyramid of Lies will do for the world of shadow banking and supply chain finance. It is a world populated with some of the most outlandish characters in business and some of the most outrageous examples of excess. It is a story of greed and ambition that shines a light on the murky intersection between politics and business, where lavish fortunes can be made and lost.

In this clear and engaging basic guide to managing your finances, Sam Beckbessinger covers topics from compound interest and inflation to “Your brain on money”, negotiating a raise, and particularly local South African phenomena like “black tax”.

The book includes exercises and “how-to’s”, doesn’t shy away from the psychology of money, and is empowering, humorous and helpful.

The book you wish you’d had at 25, but is never too late to read.

As the COVID-19 pandemic comes to a close, inflation has revealed itself to be a major problem for all countries of the developed world. The problem has been exacerbated in developing nations, which had problems even before the pandemic. Energy prices have increased, and with the increase in transportation costs, it has been more difficult for many retailers to stock shelves as they did before the pandemic. It is understood by many that the rising prices and supply chain disruptions will likely not be temporary and must be managed by future executives. Managing Inflation and Supply Chain Disruptions in the Global Economy uncovers the many ways businesses can manage this new phenomenon. It discusses global crises and their effects on the global economy in terms of inflation and supply chain. Covering topics such as inflationist impact, crisis leadership, and deglobalization, this premier reference source is an essential resource for economists, supply chain specialists, government officials, consultants, business leaders and executives, logistics professionals, IT managers, students and educators of higher education, researchers, and academicians.