• Business & management
      September 2015

      Accelerating Profitability

      by Alan K. Lund

      A hands-on, participation-based book from Alan Lund, provides a road map to revive, accelerate and win at achieving profitability. Alan provides a logical guide, support tools, proven methods and author access to guide you and your business along the profitability journey. With increasing customer demands and competitive pressures to manage and control costs, you need a winning profitability strategy to compete in the race. A Roadmap to revive, accelerate and win the profitability journey!

    • Business & management
      February 2017

      Finance and accounting for business

      A new insight, third edition

      by Bob Ryan, Nicholas Collett

      This is a self-contained treatment of all the of the accounting and finance needed for students to be able to work effectively at the highest levels within business. It is written in a readily accessible style, covering three key areas: financial accounting, including the analysis and forecasting of accounting information; management accounting; and corporate finance. The focus is on the interpretation and analysis of accounting and financial information and is especially relevant for courses in either accounting, finance and financial management. The book is filled with examples taken from the practical world of business and draws on the authors' extensive experience of the problems of the senior manager. The style is designed to make the subject easily accessible even for the student who finds numbers and analysis challenging. A suite of teaching materials is available for download including tips and templates to help establish a new course of study.

    • Business, Economics & Law
      March 2017

      Finance and accounting for business

      A new insight, third edition

      by Bob Ryan, Nicholas Collett

      Finance and accounting for business is a self-contained treatment of all the of the accounting and finance needed for students to be able to work effectively at the highest levels within business. It is written in a readily accessible and easily understood style covering three key areas: financial accounting, including the analysis and forecasting of accounting information; management accounting; and corporate finance. The focus is on the interpretation and analysis of accounting and financial information and is especially relevant for courses in either accounting, finance and financial management. It is replete with examples drawn from the practical world of business and draws on the authors' extensive experience of the problems of the senior manager. The style is designed to make the subject easily accessible even for the student who finds numbers and analysis challenging. A suite of teaching materials is available for download including tips and templates to help establish a new course of study.

    • Financial accounting
      September 2014

      Learning Accountancy

      The Novel Way Second Edition

      by Author(s): Zarir Suntook

      Libraries and bookshops around the world have displayed over the years numerous books on bookkeeping and accountancy. In the very first chapter of this book, therefore, the question is asked: why then write yet another book?The traditional approach has been to introduce double entry bookkeeping principles almost at the outset and then expound those principles with the help of examples. In this book, no mention is made of double entry until Chapter 5. The book starts by demonstrating in a clear and simple way the function of cash flow statements, profit and loss statements, and balance sheets. It then explains the crucial differences between cash flow on the one hand and profit and loss on the other. The reader is only then introduced to the logic and application of the rules of double entry.The book goes on to cover a wide range of topics, including, with numerous examples, financial accounting, management information and internal control systems in a typical accounts department. This book does not aim to produce ‘full-fledged accountants,’ but rather to help the layman and the aspiring student to gain a valuable insight into both the theory and practice of bookkeeping and accountancy.

    • Management accounting & bookkeeping
      January 2013

      Credit and Collections

      A Business Perspective

      by Author(s): Michelle Dunn

      The credit crisis, high fuel costs, job losses, bankruptcies, foreclosures and the failing economy are all contributing to factories closing, job loss and business owners going out of business because they can’t get paid. Learn how to take specific steps and use positive action to streamline and maximize your credit management policies.This book, Credit and Collections: A Business Perspective, is for businesses that have past due customers and need help collecting from them. It is for businesses who want to check their customer’s credit to limit credit risk and avoid bad debt.Things that have worked in the past are no longer working; everybody’s credit has changed, everyone’s job situation has changed, people have lost their homes due to the economy or weather and the flow of our business cash has taken a hit. Credit and Collections: A Business Perspective will help anyone who has customers that owe them money and will give them specific steps and actions they can take to make effective collection calls that work. This book will show you how to check a customer’s credit and determine their credit worthiness before you extend credit to someone who may not be able to pay you. With this book you can protect your business and your bottom line by protecting your most important asset, your cash flow.

    • Accounting
      April 2010

      Learning Accountancy

      The Novel Way

      by Author(s): Zarir Suntook

      Libraries and bookshops around the world have displayed over the years numerous books on bookkeeping and accountancy. In the very first chapter of this book, therefore, the question is asked: why then write yet another book?The traditional approach has been to introduce double entry bookkeeping principles almost at the outset and then expound those principles with the help of examples. In this book, no mention is made of double entry until Chapter 5. The book starts by demonstrating in a clear and simple way the function of cash flow statements, profit and loss statements, and balance sheets. It then explains the crucial differences between cash flow on the one hand and profit and loss on the other. The reader is only then introduced to the logic and application of the rules of double entry.The book goes on to cover a wide range of topics, including, with numerous examples, financial accounting, management information and internal control systems in a typical accounts department. This book does not aim to produce ‘full-fledged accountants,’ but rather to help the layman and the aspiring student to gain a valuable insight into both the theory and practice of bookkeeping and accountancy.

    • Accounting
      April 2010

      Learning Accountancy

      The Novel Way

      by Author(s): Zarir Suntook

      Libraries and bookshops around the world have displayed over the years numerous books on bookkeeping and accountancy. In the very first chapter of this book, therefore, the question is asked: why then write yet another book?The traditional approach has been to introduce double entry bookkeeping principles almost at the outset and then expound those principles with the help of examples. In this book, no mention is made of double entry until Chapter 5. The book starts by demonstrating in a clear and simple way the function of cash flow statements, profit and loss statements, and balance sheets. It then explains the crucial differences between cash flow on the one hand and profit and loss on the other. The reader is only then introduced to the logic and application of the rules of double entry.The book goes on to cover a wide range of topics, including, with numerous examples, financial accounting, management information and internal control systems in a typical accounts department. This book does not aim to produce ‘full-fledged accountants,’ but rather to help the layman and the aspiring student to gain a valuable insight into both the theory and practice of bookkeeping and accountancy.

    • Business & management
      May 2009

      Sustaining Competitiveness in a Liberalized Economy

      The Role of Accounting

      by Editor(s): Ruhanita Maelah

      The International Management Accounting Conference 4 was held in August 2007 in Kuala Lumpur to discuss issues pertaining to the role of accounting in liberalized economy. From the conference, it was clear that liberalized economy does impact the direction, nature and practices of accounting. In response to these challenges, accounting must play a proactive and relevant role to sustain the competitiveness of companies in the business environment. Therefore it is the intention of the conference organizers to share the issues, problems and challenges in sustaining competitiveness in liberalized economy with a larger audience through the publication of this book. The book is organized in the following themes: Cost and Information Management Performance Measurement Strategic AllianceThe articles included in this book were selected from the papers reviewed and presented at the International Management Accounting Conference 4. The articles were written based on research findings of studies conducted in several countries including Malaysia, New Zealand, Indonesia, UK, India, Saudi Arabia and Botswana. Therefore they are expected to have high academic value, each complete with literature review, methodology, data analysis and references. Even though that is the case, the papers have been carefully chosen and edited for mass readers. This book is suitable for researchers, academicians, graduate students, and practitioners with interest in business, economics and accounting:

    • Accounting
      July 2011

      Research in Management Accounting

      Malaysian Environment

      by Editor(s): Ruhanita Maelah

      This book focuses on research in management accounting that uses Malaysia’s business environment as the scope of study. The motivation to embark on this publication was due to the recognition that although management accounting has received increasing interest from various organizations including government, businesses and educators, published documents that report findings from research in management accounting undertaken in Malaysia are still limited. The objective of this book is to address the gap by providing readers with five research oriented articles on management accounting issues, namely Performance Measurement Design in Service Organizations; Management Accounting and Control Systems in the Service Sector; Activity Based Costing; Intellectual Capital and Management Accounting Practices; and Customer Focused Manufacturing Strategy and Performance Measurement Systems.The articles are written by a pool of active researchers in the area of management accounting, and are expected to have high academic value. Each is complete with a literature review, methodology, data analysis and references. Even though this is the case, the articles have also been carefully chosen and edited for the general reader. This book is suitable as a reference for researchers, academics, managers, accountants, and policy makers.

    • Accounting
      April 2010

      Learning Accountancy

      The Novel Way

      by Author(s): Zarir Suntook

      Libraries and bookshops around the world have displayed over the years numerous books on bookkeeping and accountancy. In the very first chapter of this book, therefore, the question is asked: why then write yet another book?The traditional approach has been to introduce double entry bookkeeping principles almost at the outset and then expound those principles with the help of examples. In this book, no mention is made of double entry until Chapter 5. The book starts by demonstrating in a clear and simple way the function of cash flow statements, profit and loss statements, and balance sheets. It then explains the crucial differences between cash flow on the one hand and profit and loss on the other. The reader is only then introduced to the logic and application of the rules of double entry.The book goes on to cover a wide range of topics, including, with numerous examples, financial accounting, management information and internal control systems in a typical accounts department. This book does not aim to produce ‘full-fledged accountants,’ but rather to help the layman and the aspiring student to gain a valuable insight into both the theory and practice of bookkeeping and accountancy.

    • Business & management
      May 2009

      Sustaining Competitiveness in a Liberalized Economy

      The Role of Accounting

      by Editor(s): Ruhanita Maelah

      The International Management Accounting Conference 4 was held in August 2007 in Kuala Lumpur to discuss issues pertaining to the role of accounting in liberalized economy. From the conference, it was clear that liberalized economy does impact the direction, nature and practices of accounting. In response to these challenges, accounting must play a proactive and relevant role to sustain the competitiveness of companies in the business environment. Therefore it is the intention of the conference organizers to share the issues, problems and challenges in sustaining competitiveness in liberalized economy with a larger audience through the publication of this book. The book is organized in the following themes: Cost and Information Management Performance Measurement Strategic AllianceThe articles included in this book were selected from the papers reviewed and presented at the International Management Accounting Conference 4. The articles were written based on research findings of studies conducted in several countries including Malaysia, New Zealand, Indonesia, UK, India, Saudi Arabia and Botswana. Therefore they are expected to have high academic value, each complete with literature review, methodology, data analysis and references. Even though that is the case, the papers have been carefully chosen and edited for mass readers. This book is suitable for researchers, academicians, graduate students, and practitioners with interest in business, economics and accounting:

    • Accounting
      July 2011

      Research in Management Accounting

      Malaysian Environment

      by Editor(s): Ruhanita Maelah

      This book focuses on research in management accounting that uses Malaysia’s business environment as the scope of study. The motivation to embark on this publication was due to the recognition that although management accounting has received increasing interest from various organizations including government, businesses and educators, published documents that report findings from research in management accounting undertaken in Malaysia are still limited. The objective of this book is to address the gap by providing readers with five research oriented articles on management accounting issues, namely Performance Measurement Design in Service Organizations; Management Accounting and Control Systems in the Service Sector; Activity Based Costing; Intellectual Capital and Management Accounting Practices; and Customer Focused Manufacturing Strategy and Performance Measurement Systems.The articles are written by a pool of active researchers in the area of management accounting, and are expected to have high academic value. Each is complete with a literature review, methodology, data analysis and references. Even though this is the case, the articles have also been carefully chosen and edited for the general reader. This book is suitable as a reference for researchers, academics, managers, accountants, and policy makers.

    • Management accounting & bookkeeping
      January 2013

      Credit and Collections

      A Business Perspective

      by Author(s): Michelle Dunn

      The credit crisis, high fuel costs, job losses, bankruptcies, foreclosures and the failing economy are all contributing to factories closing, job loss and business owners going out of business because they can’t get paid. Learn how to take specific steps and use positive action to streamline and maximize your credit management policies.This book, Credit and Collections: A Business Perspective, is for businesses that have past due customers and need help collecting from them. It is for businesses who want to check their customer’s credit to limit credit risk and avoid bad debt.Things that have worked in the past are no longer working; everybody’s credit has changed, everyone’s job situation has changed, people have lost their homes due to the economy or weather and the flow of our business cash has taken a hit. Credit and Collections: A Business Perspective will help anyone who has customers that owe them money and will give them specific steps and actions they can take to make effective collection calls that work. This book will show you how to check a customer’s credit and determine their credit worthiness before you extend credit to someone who may not be able to pay you. With this book you can protect your business and your bottom line by protecting your most important asset, your cash flow.

    • Financial accounting
      September 2014

      Learning Accountancy

      The Novel Way Second Edition

      by Author(s): Zarir Suntook

      Libraries and bookshops around the world have displayed over the years numerous books on bookkeeping and accountancy. In the very first chapter of this book, therefore, the question is asked: why then write yet another book?The traditional approach has been to introduce double entry bookkeeping principles almost at the outset and then expound those principles with the help of examples. In this book, no mention is made of double entry until Chapter 5. The book starts by demonstrating in a clear and simple way the function of cash flow statements, profit and loss statements, and balance sheets. It then explains the crucial differences between cash flow on the one hand and profit and loss on the other. The reader is only then introduced to the logic and application of the rules of double entry.The book goes on to cover a wide range of topics, including, with numerous examples, financial accounting, management information and internal control systems in a typical accounts department. This book does not aim to produce ‘full-fledged accountants,’ but rather to help the layman and the aspiring student to gain a valuable insight into both the theory and practice of bookkeeping and accountancy.

    • Financial accounting

      Transparency in Financial Reporting

      A Concise Comparison of Ifrs and Us Gaap

      by Ruth Ann McEwen

      By January 2012 all major economies, apart from the US, will provide financial reports using International Financial Reporting Standards (IFRS). This book sets out the key differences between IFRS and US GAAP from a practitioner's perspective, although financial analysts will also benefit from the material presented.The financial crisis has been attributed to, among other things, a perceived lack of transparency in the financial markets. In general, transparency implies an ability to see the reported results of an entity's financial activities clearly and to use these results in making investment decisions. At question is the belief that transparency in financial reporting will lead to transparency in financial markets. Unfortunately, this link may be more subjective than most of us wish.Ruth Ann McEwen presents an analysis of reporting issues affecting transparency under IFRS, compared with US GAAP, and suggests areas of concern for preparers and users of financial reports. Providing an invaluable guide for all accountancy professionals, the book also contains a technical analysis of major accounting issues raised by convergence, and indicates areas of interest during initial adoption of IFRS by US entities. This authoritative book provides all the essential information required for advanced practitioners and analysts at this critical juncture.

    • Financial accounting

      Transparency in Financial Reporting

      A Concise Comparison of Ifrs and Us Gaap

      by Ruth Ann McEwen

      By January 2012 all major economies, apart from the US, will provide financial reports using International Financial Reporting Standards (IFRS). This book sets out the key differences between IFRS and US GAAP from a practitioner's perspective, although financial analysts will also benefit from the material presented.The financial crisis has been attributed to, among other things, a perceived lack of transparency in the financial markets. In general, transparency implies an ability to see the reported results of an entity's financial activities clearly and to use these results in making investment decisions. At question is the belief that transparency in financial reporting will lead to transparency in financial markets. Unfortunately, this link may be more subjective than most of us wish.Ruth Ann McEwen presents an analysis of reporting issues affecting transparency under IFRS, compared with US GAAP, and suggests areas of concern for preparers and users of financial reports. Providing an invaluable guide for all accountancy professionals, the book also contains a technical analysis of major accounting issues raised by convergence, and indicates areas of interest during initial adoption of IFRS by US entities. This authoritative book provides all the essential information required for advanced practitioners and analysts at this critical juncture.

    • Accounting

      Company Valuation Under IFRS

      Interpreting and Forecasting Accounts Using International Financial Reporting Standards

      by Kenneth Lee

      International Financial Reporting Standards (IFRS) are now mandatory in Europe and are being adopted by other countries, including Australia. Items that have not been recorded before, or that were hidden away in the accounts, are much more visible under IFRS and will need to be carefully interpreted by investors and analysts.Written by practitioners for practitioners, the book addresses valuation from the viewpoint of the analyst, the investor and the corporate acquirer. It starts with valuation theory: what is to be discounted and at what discount rate? It explains the connection between standard methodologies based on free cash flow and on return on capital. And it emphasizes that, whichever method is used, accurate interpretation of accounting information is critical to the production of sensible valuations. The authors argue that forecasts of cash flows imply views on profits and balance sheets, and that non-cash items contain useful information about future cash flows - so profits matter.The book then addresses the implications for analysis and valuation of the key IFRS changes including:- Pensions- Stock options- Derivatives- Provisions- LeasesIt also explains the key differences between IFRS and US GAAP treatments of these issues, and their implications for analysis.A detailed case study is used to provide a step by step valuation of an industrial company using both free cash flow and economic profit methodologies. The authors then address a range of common valuation problems, including cyclical or immature companies, as well as the specialist accounting and modelling knowledge required for regulated utilities, resource extraction companies, banks and insurance companies. Accounting for mergers and disposals is first explained and then illustrated with a detailed potential acquisition using real companies.

    • Financial reporting, financial statements

      Company Valuation Under IFRS

      Interpreting and Forecasting Accounts Using International Financial Reporting Standards

      by Kenneth Lee

      International Financial Reporting Standards (IFRS) are now mandatory in many parts of the world, including Europe, Australia and China. In addition, many countries are in the process of IFRS adoption. Lastly, foreign registrants in US companies no longer have to undertake a costly US-IFRS reconciliation. Therefore, it is clear that investors, analysts and valuers need to understand financial statements produced under IFRS to feed in to their valuations and broader investment decisions.Written by practitioners for practitioners, the book addresses valuation from the viewpoint of the analyst, the investor and the corporate acquirer. It starts with valuation theory: what is to be discounted and at what discount rate? It explains the connection between standard methodologies based on free cash flow and on return on capital. And it emphasizes that, whichever method is used, accurate interpretation of accounting information is critical to the production of sensible valuations. The authors argue that forecasts of cash flows imply views on profits and balance sheets, and that non-cash items contain useful information about future cash flows - so profits matter.The book then addresses the implications for analysis and valuation of key aspects of IFRS including:- Pensions- Stock options- Derivatives- Provisions- LeasesThe text also sets out which countries use GAAP, as well as the key differences between IFRS and US GAAP treatments of these issues, in addition to their implications for analysis.A detailed case study is used to provide a step-by-step valuation of an industrial company using both free cash flow and economic profit methodologies. The authors then address a range of common valuation problems, including cyclical or immature companies, as well as the specialist accounting and modelling knowledge required for regulated utilities, resource extraction companies, banks, insurance and real estate companies. Accounting for mergers and disposals is first explained and then illustrated with a detailed potential acquisition using real companies.

    • Financial reporting, financial statements
      July 2012

      Accounts Made Simple

      A Beginner's Guide to Company Accounts

      by Robert Leach

      'Accounts Made Simple' looks at companies' accounts from the perspective of the investor.Each chapter looks at a different aspect of the accounts, such as assets, trading and capital structure. These are first explained in simple terms, avoiding accounting jargon. The second half of each chapter then considers issues that the investor should consider. Examples include:- Are the assets overvalued?- Is the company overtrading?- Is the company borrowing too much?The book will help remove the mystery of pages of numbers followed by long lists of notes. The investor will gain an understanding of what all the terms and numbers mean, and be able to make his or her own decision about whether the company seems a good investment.

    • Finance & accounting
      June 2013

      Bean Soup - Beyond Bean Counting

      Steps for Lifting a Finance Function Skill Set Towards 'Adding Value'

      by Stuart Bilbrough

      Bean Soup is an innovative and engaging story capturing real-life challenges in getting Finance teams within businesses to add value and move beyond pure financial control. Written as fiction, it follows Callum Dangerfield, a newly appointed CFO at the Haven Hotel Group. Bean Soup – Beyond Bean Counting is more than a business book, it is a complete training toolkit that provides valuable yet logical steps for lifting a Finance function skill set towards adding value. Find out more at www.thebeansoupbook.com

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