Crash Course is not an accounting textbook. We believe that standard accounting texts make the subject inaccessible for the nonaccountant. This is a crash course, born out of years of our experience training students and professionals who need to learn accounting quickly in order to understand financial reports, perform financial analysis, and speak the language of business. Our trainees come f…
Organisations are devices for creating value through the effective use of resources. While they need to create value for all contributors of resources, a premium is placed on value creation for customers and shareholders. After all, an organisation is unlikely to be able to offer inducements to other resource contributors if it does not provide value to its customers. Also, shareholders are awa…
If you happen to be reading the profiles of people in the corporate world, or dealing with qualified business persons or even undertaking some activity in the world of business, chances are that you will inevitably come across certain designations and designatory letters used after peoples’ names that will baffle you. You will ask yourself: “What are those? What do they mean? Where were t…
Over the last few decades project management has moved from its roots in industries such as construction and defense into the main- stream of American business. Many different industries, in particular the service sector, rely heavily on project management as an integral part of a successful strategy. In support of the widening importance of project management, a number of important professi…
Over the last few decades project management has moved from its roots in industries such as construction and defense into the main- stream of American business. Many different industries, in particular the service sector, rely heavily on project management as an integral part of a successful strategy. In support of the widening importance of project management, a number of important profession…
Knowledge of federal budgeting, accounting, costing, and reporting is essential for all doing business with the federal government. This includes the 50 U.S. states; tens of thousands of counties, cities, municipalities, special authorities, and districts; over 100,000 prime and subcontractors, and nonprofits, colleges, and university grantees to the federal government; and beneficiaries of fed…
An understanding of the principles of book keeping and accounting is essential for anyone who is interested in a successful career in busi ness. The purpose of bookkeeping and account ing is to provide information concerning the fi nancial affairs of a business. This information is needed by owners, managers, creditors, and governmental agencies.
The book primarily is about financial management and, as its title implies, real options are an integral, subsidiary theme. Real options are opportunities available to management permitting them to adapt the enterprise to changing needs. Understanding the value of real options is essential to corporate financial management. Examples in several chapters demonstrate why failure to assess the va…
Anyone who has read a newspaper or watched the evening news in recent years is well aware that fraudulent financial reporting by big businesses has reached alarming levels. Equally startling is the frequency of fraudulent financial reporting by small businesses—as many bankers and government agencies will confirm—and even by non–business entities such as not-for- profit organizations.
Architects and other designers inhabit a curious borderland between the virtual and the physical. They have always been concerned with conjuring up things that don’t exist but might, imagining them in detail, and eventually finding ways to translate these visions into physical reality. Over the last half-century, computer-generated virtual worlds have played an increasingly crucial role i…
R is a language and environment for data analysis and graphics. It may be considered an implementation of S, an award-winning language initially developed at Bell Laboratories since the late 1970s. The R project was initiated by Robert Gentleman and Ross Ihaka at the University of Auckland, New Zealand, in the early 1990s, and has been developed by an international team since mid-1997. Histori…
When comparing the penetration of e-procurement in large and medium Companies were found significant discrepancies. So have great Company e.Procurement almost invariably a successful, while only each fifth midsize businesses eProcurement uses. Nevertheless, in medium-sized Company savings potential available, the use of e-procurement by the can be realized. It follows a recognizable need f…
Managing Human Resources in Europe provides an analysis of the most important themes in European human resource management (HRM) written by leading authorities based all over Europe. Unrivalled by any other text it provides a thematic approach with distinctive country examples in each chapter and is characterized by a critical approach with special attention given to dilemmas, controversies, pa…
The term digital refers to digits or numbers; however, in the computer science lexicon, this term refers to the representation of the information in 0s and 1s, which can be read, written and stored using machines. The prefix “e” refers to electronic, meaning the use of electricity in powering machines such as computers. Digital accounting, or e-ac- counting, as a corresponding analog, refer…
National and global macro econometric modelling has had a long and venerable history in the UK, with important implications for macroeconomic policy in general and monetary policy in particular. It is an activity that involves sustained research input of several investigators with a variety of skills. The present work is not an exception and its completion has required the enthusiasm and commit…
Stochastic Methods in Economics and Finance introduces the reader to certain mathematical techniques by presenting both their theoretical elements and their applications. Topics such as martingale methods, stochastic processes, optimal stopping, the modeling of uncertainty using a Wiener process, Ito's lemma as a tool of stochastic calculus, basic facts about stochastic differential equations…
Growth performance in developing economies has recently been quite impressive. In parallel, fiscal health has improved. These factors are driving public and private spending capacity in these economies. This chapter attempts at estimating and projecting (1) public procurement outlays devoted to machinery and equipment in these economies; and (2) importations arising from these outlays. Res…
The Air Force is in the process of significantly changing the way it purchases goods and services, with the goals of reducing costs and increasing performance to better support its missions. During spring 2002, SAF/AQC developed a Procurement Transformation Strategy that outlines a roadmap for changing the Air Force’s procurement policies, processes, personnel, and related technologies t…
The most imperative challenge facing a number of managers in recent years has been to regain lost market share and secure new competitive advantages. The impetus for this trend continues to be the ubiquitous tendency toward globalization and the ensuing intensification of international competition. Customer orientation, lean management and re-engineering are the buzzwords that characterize …