This book is written for the first and second levels of undergraduate degree study in accounting and business studies, or equivalent introductory accounting courses where an understanding of accounting is a basic requirement. It is based on the author’s experience in providing a first level management accounting text and takes account of helpful suggestions from reviewers of three successiv…
E. Wayne Nafziger analyzes the economic development of Asia, Africa, Latin America, and East-Central Europe. This book is suitable for those with a background in economics principles. Nafziger explains the reasons for the recent fast growth of India, Poland, Brazil, China, and other Pacific Rim countries and the slow, yet essential, growth for a turnaround of sub-Saharan Africa. The fifth …
In all activities (whether business activities or non-business activities) and in all organizations (whether business organizations like a manufacturing entity or trading entity or non-business organizations like schools, colleges, hospitals, libraries, clubs, temples, political parties) which require money and other economic resources, accounting is required to account for these resources. In …
The National Cancer Policy Board (board) concluded in its April 1999 re- port, Ensuring Quality Cancer Care, that based on the best available evidence, some individuals with cancer do not receive care known to be effective for their condition. The magnitude of the problem is not known, but the board believes it is substantial (IOM 1999a). Why do we know so little about the nature and extent of …
The classical view of inventory data collection is that of employees filling out forms of various kinds throughout the warehouse and production areas, which are then forwarded to a central data entry location, where hordes of clerks keypunch the data into a central computer database. Although this was a reasonably accurate view of the situation in the past, the types of systems available for co…
We begin this chapter by outlining the problems that stakeholder theory was originally conceptualized to solve and the “basic mechanics” that we believe underlie the development of the theory during the last thirty years. We turn in the next sections to the arguments of Milton Friedman, Michael Jensen, Michael Porter, and Oliver Williamson, often cited as opponents of stakeholder theor…
Financial accounting is the communication of information about a business or other type of organization (such as a charity or government) so that individuals can assess its financial health and prospects. Probably no single word is more relevant to financial accounting than “information.” Whether it is gathering financial information about a specific organization, putting that information…
This is a guide to designing and programming embedded systems to communicate in local Ethernet networks and on the Internet.
We provide an overview of the role of extreme value theory (EVT) in risk management (RM), as a method for modelling and measuring extreme risks. We concentrate on the peaks-over-threshold (POT) model and emphasize the generality of this approach. Wherever the tail of a loss distribution is of interest, whether for market, credit, operational or insurance risks, the POT method provides a sim…
This guide was developed as the result of collaboration between several information security experts in order to provide CISOs with an understanding of how traditional security architectures are being disrupted by key trends such as Cloud Computing, Web 2.0 and Mobility. The guide provides a wealth of data points, definitions and statistics to address the key challenges that CISOs are facing as…