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Books > Business & Economics > Finance & accounting > Accounting > Financial accounting
Financial and Managerial Accounting is a concise introduction to
fundamental accounting principles for students who are new to the
subject matter. Many standard accounting textbooks include more
materials than can easily be covered in a one-semester approach.
Financial and Managerial Accounting focuses only on the topics
students need to master at the introductory level. The book begins
by explaining the importance of accounting in businesses and making
students aware of accounting ethics. Then, through distinct and
incisive chapters, students begin to master specific topics and
skills, such as how to record business transactions, merchandising
operations and inventory, assets, liability and equity, and
internal control and cash. The particulars of managerial accounting
are addressed in chapters on cost-management systems, capital
investment systems, and master and flexible budgets. Written to be
both accessible and readily applicable, as well as highly practical
in nature, Financial and Managerial Accounting is an excellent
foundational textbook. It is well-suited to courses in principles
of financial accounting and managerial accounting.
Practical Financial Modelling, 3e is a book on model development
and model assurance. It enhances the modelling process by
emphasizing controls and checks for accuracy and reliability. New
content on validation and verification, model use and sensitivity
analysis is presented alongside a modelling methodology that
underpins the various proprietary standards used in financial
modelling today. It provides more details than other books and yet
is general enough for applying its methodology to many
applications. This book isn't just about the details of building
cash flow models, it's about building better cash flow models.
Would you walk into the fight of your life without a weapon? If
you're planning for your retirement but don't know how to create a
secure retirement savings that can provide income for life, you're
doing exactly that. Retirement You Can't Outlive cuts through the
hype, challenges the conventional wisdom of the stock jockeys and
focuses on conservative, reasonable, and sane ways that savers can
approach the process of saving for retirement. Using plain language
and a lot of common sense that's been missing from financial
planning sessions for decades, Retirement You Can't Outlive helps
you restore the dreams you once had of your retirement years being
truly golden.
Master's Thesis from the year 2013 in the subject Business
economics - Controlling, grade: 1,3, University of Cologne (Seminar
fur allgemeine BWL und Controlling), language: English, abstract:
"Warren Buffett swallows Heinz: Sauce for the sage" - a typical
takeover announcement was published lately on 14th February 2013.
Warren Buffett, a well known inves tor, acquired along with the
financial investor 3G Capital the H. J. Heinz Company for $ 28
billion. This is likely to become the largest transaction in the
food industry. The company's stock price rose more than 20.0
percent after the publication which is a very characteristic
reaction to deal announcements. Hence, the important question is,
if transactions, such as the takeover of the H. J. Heinz Company,
affect the corporate performance consistently. In general, the core
idea about mergers and acquisitions (M&A) is to generate
additional future growth if for example organic growth is limited.
If two companies merge or a target is bought by another company
(the acquirer), shareholders believe in synergy effects. These are
revenue enhancements, cost reductions, tax gains and reduced
capital requirements leading to business growth and thus to a
higher value of the new company. However, it is questionable if
this theory can also be experienced in the real world. Ever since
the effects of M&A have been analysed, the market of the United
States (US) was used as data source. This is plausible due to the
fact that the very first information was well recorded for US
companies. It is remarkable that literature contributes very little
research on Europe, although the number of announced European
transactions is comparable to those of the US. For example, in 2007
the European deals volume overtook the one from the United States
of America (USA) for the first time. Moreover, research on single
European countries almost never exists or only rarely. One
exception is the United Kingdom (UK) with an early takeover history
begin
From 2001 to 2011, the International Accounting Standards Board
(IASB) and its International Financial Reporting Standards (IFRSs),
acquired a central position in the practice and regulation of
financial reporting around the world. As a unique instance of a
private-sector body setting standards with legal force in many
jurisdictions, the IASB's rise to prominence has been accompanied
by vivid political debates about its governance and accountability.
Similarly, the IASB's often innovative attempts to change the face
of financial reporting have made it the centre of numerous
controversies. This book traces the history of the IASB from its
foundation as successor to the International Accounting Standards
Committee (IASC), and discusses its operation, changing membership
and leadership, the development of its standards, and their
reception in jurisdictions around the world. The book gives
particular attention to the IASB's relationships with the European
Union, the United States, and Japan, as well as to the impact of
the financial crisis on the IASB's work. By its in-depth coverage
of the history of the IASB, the book provides essential background
information that will enrich the perspective of everyone who has to
deal with IFRSs or the IASB at a technical or policy-making level.
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