Accounting is a business language. We can use this language to communicate financial transactions and their results. Accounting is a comprehensive system to collect, analyze, and communicate financial information. The origin of accounting is as old as money. In early days, the number of transactions were very small, so every concerned person could keep the record of transactions during a speci…
Many educational institutions today are focused on the notion of assurance of learning , an important element of many accreditation standards. Fundamental Financial Accounting Concepts 8e is designed specifically to support your assurance of learning initiatives with a simple, yet powerful, solution. Each chapter in the book begins with a list of numbered learning objectives, which appear throu…
Management Accounting Best Practices provides the answers to all of these ques- tions(andover100more)that showboththeaspiringandseasonedaccountanthowto set up and manage an accounting department. Furthermore, when other members of the management team come calling with questions, the answers now lie on the ac- countant’s bookshelf. The information in this book is culled from eight of the autho…
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 professiona…
Not-for-Profit Accounting Made Easy is a plain-language, easy to understand explanation of the various accounting and financial reporting practices of not-for-profit organizations. It is designed for all those individuals who have contact with these organizations—management and staff, board members (particularly audit committee members), consultants, donors, creditors—who should understand …
The role of inancial executives in any business has expanded signiicantly in recent years as companies become more accountable to their stake- holders and regulators. Combine this increase in accountability with the increasing sophistication of technology, risk management, inancial analy- sis, and inancial records processing, and we see that the responsibilities of inancial executives in any or…
Fraud is an activity that takes place in a social setting and has severe conse- quences for the economy, corporations, and individuals. It is an opportunis- tic infection that bursts forth when greed meets the possibility of deception. The fraud investigator is like the attending physician looking and listening for the signs and symptoms that reveal an outbreak. The Association of Certified Fra…
Not-for-profit organizations are among the most influential and powerful institutions in our society. They range in size from small and local to large and national—or even international. Their scope incorporates a wide range of activity: health and welfare, research, education, religion, social, and professional associations. They include foundations, membership societies, churches, hospitals…
The constantly changing landscape of Banking, Finance, and Accounting challenges experts and practi- tioners to stay apprized of the field’s most up-to-date research. That is why Business Science Reference is pleased to offer this three-volume reference collection that will empower students, researchers, and academicians with a strong understanding of critical issues within Banking, Finance, …
This eBook will help you understand how cash flows are generated and what factors affect them. This knowledge is an integral part of making financial decisions that increase a firm's economic value or the capabilities of a nonprofit organization
Credit is part science, part art, and part gut-feel. The trick is to get the right mix.While there is no one absolute right way to handle the credit, collections, and accounts receivable functions, there are a few that are totally and irrefutably wrong. It is the mission of this book to identify both for the reader. For the last eight plus years, I have been lucky enough to spend my days …
As we all know, information is power. Many of you may not think of accounting as a means to get key information and to stay in control of your business operation. You probably think of the world of accounting as a place with a language you don’t understand. You view it as a necessary evil that you must have around in order to present the necessary reports to your investors and supporting fin…
The increasing use of derivatives for risk management of a company lately has led to the need to report on an actual basis as these instruments and regulate these operations accounting. This paper proposes a presentation of hedging transactions and their accounting evaluating the impact, in terms of accounting, risk management derivatives on a company. Hedges are often ineffective. Overcoming t…
“There are few areas of accounting that need improvement more than the accounting for business combinations. The current accounting literature allows two economically similar business combinations to be accounted for using different accounting methods that produce dramatically different financial results, which is confusing to investors.”
Globalization has afforded great opportunities for companies who take advantage of them. Outsourcing is one of these, and payroll outsourcing is gaining popularity throughout the business world. Processing payroll in a timely and accurate manner is critical for business success. Maintaining salary, benefit, and tax information can be complex, which is why increasing numbers of small to medium b…
The 2008 Manual of Regulations for Non-Bank Financial Institutions (MORNBFI) is an updated compilation of regulations and policies issued by the Bangko Sentral ng Pilipinas (BSP) for financial institutions under its supervision. Available in hard and soft copies, it is a convenient reference and guide for said financial institutions in the conduct of their operations. The updated MORNBFI incorp…
When I graduated with a doctorate in 1977, I researched and published articles on mainstream topics, particularly current value accounting and the interaction between earnings and cash flows. After a while, it occurred to me that these are not the crucial issues of financial accounting and reporting. Ethics and honesty and fairness to financial statement users comprise the foundational issu…
The goal of this book is to provide a broad range of information about gov- ernmental accounting and financial reporting that will be useful to people who either have no (or very little) accounting background or have some accounting knowledge in the commercial or not-for-profit accounting areas, but do not un- derstand governmental accounting. Over the past few years governments have been imple…
White-collar crime is rampant, and has been for some time, in the business community of the U.S. economy. Experts have estimated that the costs of white-collar crime averages about 20 times the costs of street crimes each year. The Association of Certified Fraud Examiners (ACFE) estimated that fraud cost the U.S. economy $660 billion in 2004. But white-collar crime has taken a backseat to stree…