Can a brand qualify as an asset? Intangible assets are by their very nature difficult to value. Much confusion has existed over the classification of brands as assets and it has often been the case that purchased brands (brands with a firm value attached to them) have been included on balance sheets. However, those brands nurtured and developed by the company have not, despite their obvious importance to a company's trade.

In this book Tony Tollington exposes the inconsistencies with the valuation of brands. He looks at new approaches to the definition of brands and other intangibles as assets that allows them to be separated and valued in their own right, independently from the physical business of the company itself.

This book demonstrates practical ways forward to achieve realistic valuation of such assets within the current age.

"It's hard to talk clearly about investing and make sense to ordinary readers at the same time. Katsenelson gives a lucid explanation of today's markets with sound advice about how to make money while avoiding the traps that the market sets for exuberant bulls and frightened bears alike."
-- Thomas G. Donlan, Barron's

"A thoroughly enjoyable read. Provides a clear framework for equity investing in today's 'sideways' and volatile markets useful to everyone. Clear thinking and clear writing are not often paired - well done "
-- Dick Weil, CEO, Janus Capital Group

"The bible for how to invest in the most tumultuous financial market environment since the Great Depression. A true guidebook for how to build wealth prudently."
-- David Rosenberg, Chief Economist & Strategist, Gluskin Sheff + Associates Inc.

"A wonderful, grounded read for new and seasoned investors alike, Katsenelson explains in plain English why volatility and sideways markets are a stock picker's best friend."
-- The Motley Fool, www.Fool.com

Praise for Active Value Investing

"This book reads like a conversation with Vitaliy: deep, insightful, inquisitive, and civilized."
-- Nassim Nicholas Taleb, author of The Black Swan

"Thoroughly enjoyable . . for the thoughtful and often entertaining way in which it is delivered. . . Katsenelson takes his reader step by step into the mind of the value investor by relating, in a fictional addendum to Fiddler on the Roof, the story of Tevye's purchase of Golde, the cow. He also describes his own big-time gambling evening (he was willing to lose a maximum of $40) and that of a half-drunken, rowdy fellow blackjack player to stress the importance of process. He then moves on to the fundamental principles of active value investing. What differentiates this book from so many others on value investing is that it describes, sometimes through the use of case studies, the thinking of a value investor. Not just his models or his metrics but his assessments. Katsenelson is an empiricist who weighs facts, looks for contraindications, and makes decisions. He makes value investing come alive. This may be a little book, but it's packed with insights for both novices and experienced investors. And it is a delight to read."
--Seeking Alpha

Businesses working under green finance models consider the potential environmental impact in investment and financing decisions and merge the potential return, risk, and cost correlated with environmental conditions into day-to-day financial business. Under this model, the ecological environment and sustainable development of society is observed and promoted. Green Finance for Sustainable Global Growth is an essential reference source that discusses emerging financial models that focus on sustainable development and environmental protection including developing trends in green finance, internet finance, and sustainable finance. Featuring research on topics such as competitive financing, supply chain management, and financial law, this book is ideally designed for accountants, financial managers, professionals, academicians, researchers, and students seeking coverage on the sustainable development of the finance industry.

Businesses are complex, and, as a result, teachers face a difficult task developing students' understanding of how they work, especially in the global context. Accounting for Business Studies helps teachers focus on modern commercial issues and integrates accounting into business and management studies. This book includes: * A business perspective rather than an accounting perspective * e-business, including case studies * Globalisation, including case studies * Business skills, like interpretation, analysis and communication * IT integrated into specific business situations * Includes models such as Porter's Five Forces, Supply Chain, Product Life Cycle

Christopher Nobes is widely acknowledged as one of the most prolific experts writing on the international aspects of accounting. In this cutting-edge book he presents his key work on a number of topics which are at the heart of current research and debate - the international nature of development in accounting; new issues in classification; international financial reporting standards; and fair presentation. These issues are set in context and further analyzed through a comprehensive introductory chapter. This timely and authoritative book will prove to be invaluable for academics, researchers and postgraduate students of international accounting.

First of 3 volumes of self-teaching material for students and entrepreneurs in the building industry. Includes organizing the office, assets and liabilities, bookkeeping, analysis, fixed assets, depreciation, balance sheets and profit and loss accounts. Published in the Small Building Contractor series.

Accounting is a social practice: it should be evaluated in terms of its contribution to a notion of social well-being. In order to do this, this book elaborates a critique of contemporary accounting. The authors encourage those with a close interest in accounting to make the search for a more emancipatory and enabling accounting a core area of their interest. The book will stimulate debate and activity in the arenas of education, research, practice and policy-making.

Now in its fifth edition, this highly respected and popular text provides non-specialist accounting and finance students on business studies courses with an essential introduction to the role of accounting in a wider managerial setting. Completely updated to reflect recent changes in International Financial Reporting Standards (IFRS), Accounting in a Business Context is one of the most comprehensive texts available. The logical step-by-step approach introduces students to accounting initially by considering an accessible cash-based small business, then carefully builds layers of complexity (e.g. buying and selling on credit) to facilitate clear understanding. New to this Edition - Updated to reflect recent changes in International Financial Reporting Standards (IFRS) - New pedagogical features to aid learning, including "Learning Outcomes' and 'Activity' boxes - Increased use of real-life examples in the case studies - Use of more international companies in case studies and examples - Enhanced online support resources - Exciting new text design

This title was first published in 2003. Our cherished economic indicators of income, product, consumption and capital fail in taking a long-term view of social progress. They do not account for environmental deterioration, which impairs the quality of life of present and future generations, and hence the sustainability of development. "Greening" the conventional national (and corporate) accounts introduces environmental impacts and costs into these accounts and balances. The result is a new compass for steering the economy towards sustainability, which may change not only our main measures of economic performance but also the basic tenets of environmental and resource policies. This book presents methodological advances and case studies of environmental accounting, and discusses their use in environmental management and policies. In their introduction, the editors provide a critical perspective of historical developments and current debates.

First published in 1996, this book seeks to establish Gabriel A.D. Preinreich as an important accounting theorist and redress the neglect that his work has suffered despite its foundational importance to prominent areas of modern research. Two criteria were used to select the papers included in this volume - papers related to dividends, yield, valuation, goodwill and depreciation were selected while those that were primarily concerned with mathematical economics were omitted. The collected articles and other items were written between 1931 and 1944 and grouped into three sections: accounting from the investor's viewpoint; valuation and goodwill; and depreciation.

From opposing the local CPA to tackling the Big Five - Everything you need to know about accounting in the courtroom

With the recent boom in litigation and malpractice charges concerning tax, accounting, financial litigation, and fraud disputes, more and more accounting professionals are being hired as expert witnesses. Yet, few lawyers have a full understanding of what accountants can contribute to their cases. And few accountants are familiar enough with the legal system to recognize everything they have to offer as an expert witness. In turn, many relevant issues are missed and financial disputes are often settled with unfavorable outcomes.

Conceived and written in the trenches, Expert Witnessing in Forensic Accounting: A Handbook for Lawyers and Accountants candidly shows how to be successful in the courtroom through the hands-on experiences of both a certified public accountant and a trial attorney. Zeph Telpner and Michael Mostek guide you through the entire judicial process - revealing their own and others' mistakes and triumphs along the way and presenting guidelines for everything from choosing an accountant to analyzing the opposing expert's deposition.

The law of civil procedure, evidence, expert opinions, trial procedure, and the presentation of expert testimony are a mystery to many accountants and even some lawyers. This straightforward book pulls together all the essential information on the topic. Providing numerous case studies, annotated court documents, expert witness reports, and an actual trial transcript of an expert's testimony, Expert Witnessing in Forensic Accounting: A Handbook for Lawyers and Accountants helps you discover the relevant issues and facts needed to win the dispute.


LAWYERS:

Know how and when to choose and work with the right forensic accountant

Determine whether to hire your forensic accountant as a consultant or an expert witness

Decide how early to bring the accounting expert in on the case

Discover everything that forensic accountants can accomplish for you

Match the accounting expert with the job to be done

Help the accountant do a superior job in discovery

Use the forensic accountant to the greatest benefit

Ask the right questions during direct and cross-examination

Build a successful working relationship with the forensic accountant


ACCOUNTANTS:

Learn how to best advise lawyers during discovery and litigation

Discover the procedural and evidentiary rules that most often affect forensic accountant specialists

Know how to respond and what to expect while you're on the witness stand

Successfully rebut the opinions of the opposing expert accountant

Perform superior services in discovery, accounting guidance, and writing expert reports

Know how to write a job engagement letter and negotiate fees

See how an expert supported the valuation of a particular business in accordance with judicial requirements

Build a successful working relationship with the lawyer

Let 50 World Class Speaking Coaches Show You How to Keep Your Audience on the Edge of Their Seats and Turn Your Presentations Into Profits. The World Class Speaking In Action 6-Part System provides you with real life examples and case studies on how to... * Craft an unforgettable message that hits home with your audience * Deliver your speech in a way that keeps your audience on the edge of their seats * Sell your message so your audience members take the exact next step you want them to take * Master leading-edge technologies and speak to thousands without even leaving home World Class Speaking In Action is a definitive guide for the professional speaking and coaching industry. Until now, public speaking books have covered either the art of public speaking or the business of public speaking. World Class Speaking In Action shows you how to master both. World Class Speaking is the one-stop-shop for building breakthrough presentations and turning them into bundles of profits!

This book celebrates the life and work of Tony Lowe, a pioneer of critical accounting. The authors elaborate on the fact that Tony Lowe regarded accounting as a moral and political practice rather than some dry technical phenomena because it has serious social consequences. The essays in the book are written by a global community of Tony's former colleagues and students and show the value of adopting interdisciplinary perspectives. The essays locate accounting and business practices in wider social, economic and political contexts to show that Tony's ideas had far reaching applications for regulation, corporation governance, accounting, auditing, the environment, corporate social responsibility, organisational accountability, gender, race, globalization and the functioning of the state. The book is suitable for undergraduate and postgraduate students, scholars and practitioners seeking to free themselves from the shackles of conventional views about accounting and business practices.

This book explores the role of accountants in business and society. The final work of Louis Goldberg, Professor Emeritus at the University of Melbourne, it aims to raise awareness of the existence and importance of fundamental issues that are often ignored or by-passed in contemporary discussion of accounting. The sixteen chapters assess exactly what accountants do in carrying out their work.
This work will make essential reading for scholars or historians of accounting, and will also interest philosophers and practicing accountants.

eBook available with sample pages: 0203167333

Series Information:
New Works in Accounting History

First published in 1932, this volume echoed the success of Duties of the Junior Accountant and was similarly long-awaited as a textbook for the industry and aimed to instruct junior accountants in the work of their senior colleagues and future selves. Senior accountants are those who may conduct an examination independently except for a final review by a managing accountant, principal or partner. Seniors may have charge of work needing perhaps one, ten, or even more assistants or of a section of a larger examination conducted under the supervision of an accountant of higher rating. The chapters in this volume detail issues including beginning an examination, audits of banks, reviews by a principal accountant and arranging work and staff.

The main purpose of this book is to describe the variety of drinking occasions that exist around the world, primarily in modern, industrialized countries. As such, it celebrates the diversity of normal drinking behavior and illustrates a wide range of beneficial drinking patterns. Attention is also paid to the relations between drink and culture that prevail in non-Western societies and in developing countries. The aims of the book are twofold: to deal directly with the challenge of how to define responsible drinking in the face of the world's many different drinking styles, and to portray the many ways in which people have thought about or used alcohol as an integral part of their culture.
The contents includes chapters on when, where, how, what, and why people drink, as well as who drinks and who doesn't who doesn't. By concentrating on descriptions of normal occasions, it distinguishes these as clearly as possible from abnormal or inappropriate occasions. The outgrowth of more than forty years of research, Drinking Occasions demonstrates how well-integrated normal drinking occasions can be with many other aspects of human life. The challenge for alcohol policy around the world is to create an in which the beneficial potential of moderate drinking is maximized and the harmful potential of excessive drinking minimized. Drinking Occasions contributes to this discussion by providing an unbiased account of what actually goes on when people decide to have a drink. The book is also a fascinating look at the various ways in which alcohol has become integrated into people's lives around the world.

Related link: Free Email Alerting

'Accounting for Business' is ideal for undergraduate students on business and accounting courses who need to understand the nuts and bolts of financial accounting. This popular textbook has always enjoyed a deserved reputation for accessibility and thoroughness. Now in its third edition, its contents have been fully updated and restructured to make them even easier to use. Readers will benefit from the coverage of current accounting practices and legislation, in addition to the range of worked examples and self-test activities throughout the book.
'Accounting for Business' clearly explains accounting information's role in making sound business decisions and focuses upon the aspects of accounting practice which are most relevant to the non-specialist manager. It is ideal for first year undergraduates of business studies, higher students and those pursuing professional accountancy qualifications.
This third edition has been restructured, to further enhance its 'student centred' approach. The content has now been broken down into 25 roughly equivalent 'bite-sized' individual study topics. Each of these requires 6 hours of study time, enabling this book to support a full scale semester course with two topics a week, or a full year course at one topic a week.
Includes a wide selection of topical case studies, with a broad spread of international examples.
Designed to support a lecture programme and independent learning
Student centred and student tested
Worked examples and self-test activities throughout

Have you recently been promoted? Are you starting a new business? Do you suddenly find that you need to know more about finances than you ever expected, but have no time for formal training? If so, you need Accounting and Finance for the Non-Financial Executive. Whether you are a newly promoted middle manager or executive, a marketing manager of a small company, an entrepreneur, or own your own business, your results will be measured in dollars and cents. You need to know the basics of finance and accounting to make sound business decisions and become successful.
Shim shows you the strategies for evaluating investment decisions such as return on investment analysis. You will see what you need to know, what to ask, which tools are important, what to look for, what to do, and how to do it. Easy to read and useful, the book presents many practical examples, illustrations, guidelines, measures, rules of thumb, graphs, diagrams, and tables that make comprehending the subject easy.
Accounting and Finance for the Non-Financial Executive prepares you for additional managerial responsibilities. You will be better equipped to prepare, appraise, evaluate, and approve plans to accomplish departmental objectives. You will be able to back up your recommendations with carefully prepared financial support. Whether they are based on marketing, production, or personnel, by learning how to think in terms of finance and accounting you can intelligently express your ideas.

Series Information:
New Works in Accounting History

When companies suffer a dramatic even catastrophic drop in their share price, it is the investors who lose their shirts and employees their jobs. But often, a company's published accounts offer clues to impending disaster, providing you know where to look.

Through the forensic examination of more than 20 recent stock market disasters, Tim Steer reveals how companies hide or disguise worrying facts about the robustness of their business. In his lively style, he looks at the themes that underlie the ways companies hide the truth and he stresses that in an assessment of a company's accounts, investors should always bear in mind that the only fact is cash; everything else - profit, assets, etc - is a matter of opinion. Full of invaluable lessons for investors, the book concludes with some trenchant observations on what is wrong in the worlds of investment, audit and financial regulation, and what changes should be introduced.

Accountancy as presently practised is tied to the paradigm of modern financial capitalism with its reliance on market solutions and the maximization of the firm's profits, which are the fundamental causes of most these problems. The Social Function of Accounts argues that accountancy, as currently organized and practised, is failing society, both in Britain and in the world as a whole. Examining the current problems afflicting the world: financial crises and instability, global warming, degradation of the environment, growing inequality, this book asks the question - what contribution does accountancy make to the solution of these problems? The book argues that the accountancy profession does not serve the public interest, notwithstanding its claim to this effect. The Social Function of Accounts argues that the moral responsibility of the accountant is analysed with reference to the principal theories of ethics continuing that the individual accountant has a moral responsibility to consider the impact of his actions on other people and on society as a whole. This responsibility is then analysed in a series of chapters dealing with four specific aspects of the matter: Distributive Justice, Sustainability, Financial reporting & the Accountancy Profession. Concluding with a call for the accountancy profession to adopt a new ethic of service to the public The Social Function of Accounts redraws the boundaries of current accounting literature and will be vital reading for academics, researchers and policy makers in accounting and related disciplines.

The current dynamics of world economy show remarkable changes in the socio-economics of credit provision and entrepreneurship. If the emergence of the sharing economy is fostering innovative models of collaborative agency, networking and venture business, economic actors are also looking for a more sustainable development, able to foster profitability as well as community welfare. This book investigates Islamic social finance as a paramount example of this economy under change, where the balance between economic efficiency and social impact is contributing to the transformation of the market from an exchange- to a community-oriented institution. The collected essays analyse the social dimension of entrepreneurship from an Islamic perspective, highlighting the extent to which the rationales of "sharing," distribution and cooperation, affect the conceptualization of the market in Islam as a place of "shared prosperity." Moving from the conceptual "roots" of this paradigm to its operative "branches," the contributing authors also connect the most recent trends in the financial market to Shari'ah-based strategies for community welfare, hence exploring the applications of Islamic social finance from the sharing economy, FinTech and crowdfunding to microcredit, waqf, zakat, sukuk and green investments. An illuminating reference for researchers, practitioners and policy-makers dealing with the challenges of a global market where not only is diversity being perceived as a value to be fostered, but also as an important opportunity for a more inclusive economy for everybody.

Get your head around company finance. Whether you're a small business owner or a corporate manager with budget responsibilities, having an understanding of your company's finances is crucial. This user-friendly guide takes you through all the key elements of UK business accounting, covering everything from evaluating profit margins and establishing budgets to controlling cash flow and writing financial reports. The fourth edition will be fully updated throughout and includes brand new content on the emergence of IFRS and dealing with foreign exchange. Updates include: Revised chapter on funding covering Banks, Private Equity, Venture Capital, Business Angels, Crowdfunding in its various guises, IPO's. Financial aspects of foreign exchange - increasingly business accounting has to accommodate transaction and translation exposure dealing with exchange rate variances over time. Merger and acquisitions and the role of accounting. Business planning Financial metrics for start-ups - monthly revenue growth, revenue run rate, burn rate, Cost of Acquiring a Customer and Payback, Average Sales Cycle etc. Strategic financial models: Linear Models and Optimization, Probabilistic Models, Regression Models and Decision-Making and Scenarios.

First Published in 1997. Routledge is an imprint of Taylor & Francis, an informa company.