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Books > Business & Economics > Finance & accounting
This book will help you become the trader you want to be, but it won't
happen automatically. You won't be immediately successful the moment
you finish reading.
Earning money with day trading is possible, but it takes time,
discipline, effort and commitment on your part.Let me explain.
Throughout the book, you will learn key concepts that you can apply to
your trading right away. The knowledge you accumulate is essential
because it is what you base your trading decisions on, the decisions
that will determine your ultimate success or failure.
One of my key goals in this book is to help you expand your
tradingknowledge to make informed decisions. I will provide you with
many valuable resources to help you learn what you need to know.At the
end of each chapter you will find "Action Actions", exercises related
to the topics recently covered. If you want to get the most out of this
book, take a few minutes to complete these Actions. The results you
will get will, in most cases, be directly proportional to the effort
and commitment you invest in creating them.
I am committed to helping you become the best trader you can be, but I
will need your help to do so.
Innovative in its approach, Rethinking Public Choice reviews the
concept of public choice since the 1950s post-war period and the
application of economics to political practices and institutions,
as well as its evolution in recent years attracting contributions
from political science and philosophy. Examining the growing
variety of theoretical orientations on the topic, such as entangled
political economy and additive political economy, the book provides
new analytical insights into combining the old and new to establish
a more unified political economy. Richard E. Wagner expertly
highlights the key issues an entangled economy can bring, including
incomplete information and its constant evolution as it reflects
ever changing public choice ideas. Wagner seeks to extend the reach
of public choice by distinguishing the formal idea of rationality
that has dominated public choice from the immensely varied practice
of human action that opens up now directions for public choice.
This insightful approach will prove an excellent resource for
academics and scholars of economics and political science, as well
as those within the field of public administration as it offers an
excellent blend of all subjects.
This original book examines how investment theory and regulatory
constraints are linked to the professional processes of portfolio
investments, and how the principles of Islam as defined by sharia
fit into these processes. It also explores the measures required to
create and grow a global Islamic asset management industry.
Established on a foundation of Modern Portfolio Theory, the book
extends the theory to include asset management based on sharia.
Chapters also consider how ethical investing is quickly becoming
the driving force of the $100 trillion asset management industry.
Taking a practical approach, John A. Sandwick, M. Kabir Hassan and
Pablo Collazzo compare conventional and sharia portfolio
performance and risk through measurement tools commonly used in
asset management, including Sharpe ratio, standard deviation, Value
at Risk, annualized mean return, and correlation. They map
conventional portfolio construction and optimization, then
reproduce the same processes with real-world, sharia-compliant
portfolios. This book will be critical reading for scholars and
students of Islamic economics and finance, Islamic studies, and
financial regulation. Considering Islamic asset management as a
unique function of Islamic finance, this book will also be a useful
resource for practitioners and finance professionals.
Essentials of Corporate Finance focuses on what undergraduate
students with widely varying backgrounds need to carry away from a
core course in business or corporate finance. The goal is to convey
the most important concepts at a level that is approachable for the
widest possible audience. Essentials is written in a relaxed,
conversational style that invites the students to join in the
learning process rather than being a passive information absorber.
Essentials has three basic themes as a central focus: An Emphasis
on Intuition: We always try to separate and explain the principles
at work on a commonsense, intuitive level before launching into any
specifics. A Unified Valuation Approach: We treat net present value
(NPV) as the basic concept underlying corporate finance. A
Managerial Focus: Students shouldn't lose sight of the fact that
financial management concerns management. We emphasize the role of
the financial manager as decision-maker, and we stress the need for
managerial input and judgment.
'A brilliant book packed with powerful insights from the world's
most successful investors' Tony Robbins 'A profound, eloquent, and
much-needed call for a reassessment of how we build our portfolios
and live our lives' Stig Brodersen 'A classic ... for generations,
will define what it means to be a better investor and a better
human' Guy Spier Billionaire investors. If we think of them, it's
with a mixture of awe and suspicion. Clearly, they possess a kind
of genius - the proverbial Midas Touch. But are the skills they
possess transferable? And would we really want to be them? Do they
have anything to teach us besides making money? In Richer, Wiser,
Happier, award-winning journalist William Green has spent nearly
twenty-five years interviewing these investing wizards and
discovered that their talents expand well beyond the financial
realm and into practical philosophy. Green ushers us into the lives
of more than forty of the world's super-investors, visiting them in
their offices, vacation homes, and even their places of worship -
all to share what they have to teach us. Green brings together the
thinking of some of the best investors, from Warren Buffett to
Howard Marks to John Templeton, and provides gems of insight that
will enrich you not only financially but also professionally and
personally.
For academics, regulators and policymakers alike, it is crucial to
measure financial sector competition by means of reliable,
well-established methods. However, this is easier said than done.
This comprehensive Handbook provides a collection of
state-of-the-art chapters to address this issue. Using the latest
empirical results from around the world, expert contributors offer
a thorough assessment of the quality and reliability of the
prevalent measures of competition in banking and finance. The
Handbook consists of four parts, the first of which discusses the
characteristics of various measures of financial sector
competition. The second part includes several empirical studies on
the level of, and trends in, competition across countries. The
third part deals with the spillovers of market power to other
sectors and the economy as a whole. Finally, the fourth part
considers competition in banking submarkets and subsectors. This
Handbook is an essential resource for students and researchers
interested in competition, regulation, banking and finance.
Politicians, policymakers and regulators will also benefit from the
thorough explanation of the need for anti-trust regulation and
identification of the most reliable competition measures.
Contributors include: A.N. Berger, J.A. Bikker, W. Bolt, J. Bos,
Y.L. Chan, P. Coccorese, M.D. Delis, J. Fernandez de Guevara, Z.
Fungacova, R. Gropp, I. Hasan, J.P. Hughes, D. Humphrey, L.F.
Klapper, S. Kleimeier, C. Kok, S. Kokas, J.W. Kolari, M. Lamers, L.
Liu, J. Maudos, L.J. Mester, C.-G. Moon, N. Mylonidis, S. Ongena,
B. Overvest, V. Purice, R.J. Rosen, H. Sander, S. Shaffer, L.
Spierdijk, D. Titotto, R. Turk-Ariss, G.F. Udell, L. Weill, J.
Yuan, M. Zaouras
For courses in financial and managerial accounting. Horngren's
Financial and Managerial Accounting, The Managerial Chapters
presents the core content of principles of accounting courses in a
fresh format designed to help today's learners succeed. As teachers
first, the author team knows the importance of delivering a student
experience free of obstacles. Their pedagogy and content uses
leading methods in teaching students critical foundational and
emerging topics (e.g., data analytics and employability skills) in
the field of accounting, and concentrates on improving student
results - all tested in class by the authors themselves. With this
in mind, the 7th Edition continues to focus on readability and
student comprehension and takes this a step further by employing a
new theme to help students see how accounting is used as a tool to
help businesses make decisions. By providing more meaningful
learning tools, this title gives professors the resources needed to
help students clear hurdles inside and outside of the classroom,
like never before. Features Chapter Openers present relatable
stories that set up the concepts to be covered in the chapter.
Students then learn the implications of those concepts on a
company's reporting and decision-making processes. Common
Questions, Answered is rooted in the authors' teaching experiences
over the years, and offers additional help with patterns and rules
that consistently confuse students. Located in the text's margin
next to where the answer or clarification can be found, they help
students better understand difficult concepts. Instructor Tips
& Tricks throughout the text mimic the experience of having an
experienced teacher walk a student through concepts on the board.
Many include mnemonic devices or examples to help students remember
the rules of accounting. Effects on the Accounting Equation
illustrations help students see connections between transactions,
as well as how transactions fit into the bigger picture. Located
next to every journal entry, they reinforce the connections between
recording a transaction and the effect those transactions have on
the accounting equation. Try It! boxes found after each learning
objective and at the end of the chapter give students the
opportunity to apply the concepts they've just learned by
completing an accounting problem. Things You Should Know provide
students with a brief review of each learning objective presented
in a question and answer format, helping to prepare them for exams.
Decisions Boxes highlight common questions that business owners
face, prompting students to determine the course of action they
would take based on concepts covered in the chapter. Comprehensive
Problems, located in select interrelated chapters, help students
make connections between topics. Chapters 1-5 discusses fundamental
managerial accounting concepts: job ordering, process costing, cost
management systems, and cost-volume-profit analysis. Chapters 7-9
explores planning and control decisions for a manufacturing
company, including a master budget, flexible budget, variance
analysis, and performance evaluation. Chapters 10-11 reviews
decision making, both short-term business decisions and capital
budgeting decisions New to this edition Data and research,
including any years and numbers as they relate to real companies
(such as Kohl's and Target), ensures students have relevant
examples to help them engage with the course. Discussions of
important concepts and calculations help students to better
understand the material. They include: Chapter 1 'Introduction to
Managerial Accounting' offers updated info on the IMA Statement of
Ethical Professional Practices to reflect changes made by IMA on
July 1, 2017. Chapter 2 'Job Order Costing' has a new Learning
Objective for calculating Cost of Goods Manufactured and Cost of
Goods Sold for easier teaching, learning, and assessment
activities. Chapter 8 'Flexible Budgets and Standard Cost Systems'
includes updated direct materials calculations (i.e., cost vs.
efficiency variance), so that inputs do not equal outputs.
Employability coverage throughout the text looks at professional
certifications that management accountants can obtain, such as
Certified Management Accountant (CMA) and Chartered Global
Management Accountant (CGMA), and highlights the importance of
these credentials in today's job market. Data Analytics in
Accounting features highlight real companies that are now using
data analytics to track inventory, monitor cash flow, forecast
sales, and maximise profits. Also discussed are advances in
technology, including robotic process automation and artificial
intelligence, and how they relate to the work management
accountants perform. Key Terms focus on the concepts central to
students' learning, including Lean Management System, Relevant and
Irrelevant Revenue, and more. Check Your Understanding boxes let
students gauge their comprehension of the material and have been
updated to include new accounts introduced under the Revenue
Recognition Standard. Tying It All Together boxes tie together key
concepts from the chapter using the company highlighted in the
chapter opener. The in-chapter box presents scenarios and questions
that the company could face and focuses on the decision-making
process. The end-of-chapter business case helps students synthesise
the concepts of the chapter and reinforce critical thinking.
Updates to the 7th edition includes discussion of how companies are
using zero-based budgeting (chapter 7). End-of-chapter problems and
exercises help students build skills to analyse and interpret
information and apply reasoning and logic to new or unfamiliar
ideas and situations. Updates include: an exercise on the triple
bottom line (chapter 1). an exercise on completing job cost sheets
(chapter 2). updated labor costs to $10 per hour (chapter 8).
As the title intimates, this title is an introduction to the study
of local government finance. It is an enlightening work aimed
primarily at undergraduate students studying local government and
administration at universities, technikons and technical colleges.
The following issues are covered: why local governments need money;
the democratic tenets and principles guiding the management of
local government finance; the particular roles of a council, its
executive committee and the administrative authority in managing
local government finance; the nature of local government property
and other taxes; user charges, consumer tariffs and nominal levies
as other revenue sources; features and functions of local
government budgets; debt management and loans administration;
inventory management; inter-governmental financial relations and
external financial control.
Seize control of your financial future with rock-solid advice from
two of the world's leading investment experts Investors today are
bombarded with conflicting advice about how to handle the
increasingly volatile stock market. From pronouncements of the
"death of diversification" to the supposed virtues of crypto,
investors can be forgiven for being thoroughly confused. It's time
to return to the basics. In the 10th Anniversary Edition of The
Elements of Investing: Easy Lessons for Every Investor, investment
legends Burton G. Malkiel and Charles D. Ellis deliver
straightforward, digestible lessons in the investment rules and
principles you need to follow to mitigate risk and realize
long-term success in the markets. Divided into six essential
elements of investing, this concise book will teach you how to:
Focus on the long-term and ignore short-term market fluctuations
and movements Use employer-sponsored plans to supercharge your
savings and returns and minimize your taxes Understand crucial
investment subjects, like diversification, rebalancing, dollar-cost
averaging, and indexing So, forget the flavor of the week. Stick
with the timeless and invaluable advice followed by the world's
most successful retail investors.
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.
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