Best of
Accounting

2010

Accounting for Value


Stephen H. Penman - 2010
    The book's novel approach shows that valuation and accounting are much the same: valuation is actually a matter of accounting for value.Laying aside many of the tools of modern finance--the cost-of-capital, the CAPM, and discounted cash flow analysis--Stephen Penman returns to the common-sense principles that have long guided fundamental investing: price is what you pay but value is what you get; the risk in investing is the risk of paying too much; anchor on what you know rather than speculation; and beware of paying too much for speculative growth. Penman puts these ideas in touch with the quantification supplied by accounting, producing practical tools for the intelligent investor.Accounting for value provides protection from paying too much for a stock and clues the investor in to the likely return from buying growth. Strikingly, the analysis finesses the need to calculate a "cost-of-capital," which often frustrates the application of modern valuation techniques. Accounting for value recasts "value" versus "growth" investing and explains such curiosities as why earnings-to-price and book-to-price ratios predict stock returns. By the end of the book, Penman has the intelligent investor thinking like an intelligent accountant, better equipped to handle the bubbles and crashes of our time. For accounting regulators, Penman also prescribes a formula for intelligent accounting reform, engaging with such controversial issues as fair value accounting.

Accounting Theory


Jayne Godfrey - 2010
    The new edition has been updated in accordance with ongoing developments the IASB Framework and reporting and disclosure requirements as a consequence of international harmonisation of accounting standards. The strength of this textbook has always been the balanced approach taken to explain and discuss alternative theories. The new edition continues with this tradition and seeks to make a clearer connection for students, studying accounting theory, that accounting theory is important and relevant. The Framework of the International Financial Reporting Standards (IFRS) has required significant consolidation and rewriting of chapters. More than ever, the focus of this new edition is to provide students with an understanding of the Framework and how accounting information can be interpreted, disclosed and reported in practice. The new edition continues to present the latest research and developments in accounting theory whilst maintaining an objective perspective.

Financial Accounting


Jerry J. Weygandt - 2010
    Weygandt, Paul D. Kimmel, and Donald E. Kieso, which incorporates International Financial Reporting Standards (IFRS) into the existing textbook framework. On almost every page, the book addresses every accounting topic from the perspective of IFRS while still highlighting key differences between IFRS and US GAAP. Following the reputation for accuracy, comprehensiveness, and currency, the authors have painstakingly created a book dedicated to assisting students learning accounting topics under the rules of IFRS.

Financial Accounting Volume Three


Conrado T. Valix - 2010
    

Introduction to Accountancy


T.S. Grewal - 2010
    A fresh look and serial numbering of all illustrations andexercises. 2. New treatment of Goodwill in chapter 12. 3. Addition of new legal provisions and concepts likeBuy-Back of Shares in chapter 13. 4. Revision of portion of Amalgamation in chapter 19. 5. Latest features of bank accounts in chapter 21 as per thecurrent requirements (revision of formats of Balance sheet andProfit and Loss Account). 6. Revision of Accounts of Insurance companies as per thelatest provisions. 7. Preparation of Cash flow statements (as per the newprovisions) which have been instrumental while revising chapter 24. 8. These shall make the book a true guide to be welcomed bythe students and teachers (of accounting) alike. Table of Contents CHAPTER-1:INTRODUCTION CHAPTER-2:RECORD OF TRANSACTIONS-JORNAL CHAPTER-3:THE LEDGER CHAPTER-4: THE PRACTICAL SYSTEM (I): THE CASH BOOK ANDBANKING TRANSACTIONS CHAPTER-5: THE PRACTICAL SYSTEM (II): SALE & PURCHASE OFGOODS CHAPTER-6: TRIAL BALANCE AND ERROS CHAPTER-7: BILL OF EXCHANGE OR HUNDIES CHAPTER-8: FINAL ACCOUNTS CHAPTER-9:CONSIGNMENT ACCOUNTS CHAPTER-10:JOINT VENTURES CHAPTER-11:DEPRECIATION CHAPTER-12:PARTNERSHIP ACCOUNTS CHAPTER-13:JOINT STOCK COMPANIES CHAPTER-14:BRANCH AND DEPARTMENTAL ACCOUNTS CHAPTER-15:SELF-BALANCING LEDGERS CHAPTER-16:HIRE-PURCHASE, INSTALMENTS AND ROYALITIES CHAPTER-17:ACCOUNTS FROM INCOMPLETE RECORDS CHAPTER-18:ACCOUNTS OF NON-PROFIT ORGANISATIONS CHAPTER-19:AMALGAMATION AND RECONSTRUCTION OF JOINT-STOCKCOMPANIES CHAPTER-20:INSOLVENCY ACCOUNTS CHAPTER-21:BANK ACCOUNTS CHAPTER-22:ACCOUNTS OF INSURANCE COMPANIES CHAPTER-23:DOUBLE ACCOUNT SYSTEM CHAPTER-24:CASH AND FUNDS FLOW STATEMENTS CHAPTER-25:ANALYSIS OF FINANCIAL STATEMENTS OR RATIOANALYSIS Multiple choice Questions (Chapterwise)

Financial Accounting Volume One


Conrado T. Valix - 2010
    

Management Accounting - Text, Problems and Cases


M.Y. Khan - 2010
    It can be used to provide information that can help managers in making decisions and also in defining long term goals and directions for the organization. Management Accounting : Text, Problems and Cases covers this aspect of accounting information in detail. It first explains the Nature of Management Accounting. Then, the book deals with financial accounting and analysis methods for decision making in seven parts.The second part focuses on Financial Accounting. It goes into the generally accepted accounting principles and standards. It explains accounting cycles and financial statements. The third part, Financial Analysis, covers cash flow statements and analysis of financial statements.The next part explains Cost Accumulation. It examines the needs of cost concepts and costing in various aspects of management, like control of labour, and materials. The book then discusses Profit Planning. It explains budgeting and profit planning and volume-cost-profit analysis.The sixth part covers Cost Control concepts like standard and quality costs, variance analysis, and responsibility accounting. The final part covers Decision Making. It looks at capital budgeting and short-run decision analysis.This edition of Management Accounting : Text, Problems and Cases has additional information on accounting standards, cash flow statements, and understanding corporate financial statements. It has a new section covering service costing. The book also includes numerous case studies that help in gaining a deeper understanding of the concepts. The book is written in a simple style.Table of ContentsChapter 1. Nature of Management AccountingChapter 2. Generally accepted Accounting Principles and Accounting StandardsChapter 3. Accounting Cycle and Statements of Financial InformationChapter 4. Understanding Corporate Financial Statements and ReportsChapter 5. Cash Flow StatementChapter 6. Financial Statements AnalysisChapter 7. Cost Concepts and Management NeedsChapter 8. Costing and Control of MaterialsChapter 9. Costing and Control of LabourChapter 10. Costing and Control of Factory (Manufacturing) OverheadsChapter 11. Costing and Control of Administrative, Selling and Distribution OverheadsChapter 12. Activity Based Costing SystemChapter 13. Job-Order, Batch and Service CostingChapter 14. Process, Joint and By-Product CostingChapter 15. Variable Costing and Absorption (Full) CostingChapter 16. Volume-Cost-Profit AnalysisChapter 17. Budgeting and Profit PlanningChapter 18. Standard Costs and Quality CostsChapter 19. Cost Variance AnalysisChapter 20. Revenue and Profit Variance AnalysisChapter 21. Responsibility AccountingChapter 22. Short-Run Decision AnalysisChapter 23. Capital Budgeting

A Student's Guide To Ifrs


Clare Finch - 2010
    It is written in a down to earth style, and shows how to apply memory techniques to the subject. The Students guide to IFRS by Clare Finch is the first book to colour code and group the standards on a priority basis. Tells the story behind the standards- not just where but why. The book also includes key cards, which are excellent tools for testing yourself. If you are new to IFRS standards this is the book for you !

Theory of Accounts


Conrado T. Valix - 2010
    

Financial Reporting and Analysis


John Dunn - 2010
    A hot topic in the current market climate. Financial Reporting and Regulation explains the meaning behind the rules of financial reporting, as opposed to just the implementation of these rules. It contains sufficient detail on the application of standards to enable the reader to appreciate the effects of the rules, and the logic behind them is described in terms of the reasoning and history behind their development. This will give readers a more informed insight of the regulations than many of the "practical" books currently on the market.

Wiley GAAP: Interpretation and Application of Generally Accepted Accounting Principles


Steven M. Bragg - 2010
    Wiley GAAP renders GAAP more understandable and accessible for research, and has been designed to reduce the amount of time and effort needed to solve accounting research issues. Providing interpretive guidance and a wealth of real-world, content-rich examples and illustrations, this invaluable guide offers clear, user-friendly guidance on every pronouncement including FASB Technical Bulletins, AcSEC Practice Bulletins, FASB Implementation Guides, AICPA Statements of Position, and AICPA Accounting Interpretations.Offers insight into the application of complex financial reporting rules Contains detailed index for easy reference use Includes a comprehensive cross-reference of accounting topics to the FASB codification system With easy-to-access information, this reliable resource offers complete coverage of the entire GAAP hierarchy.

Guide to Cash Management: How to Avoid a Business Credit Crunch. John Tennent


John Tennent - 2010
    This new guide explains the six critical aspects of the effective management of cash and cash flow.

Wiley Not For Profit Gaap 2010: Interpretation And Application Of Generally Accepted Accounting Principles (Wiley Not For Profit Gaap)


Richard F. Larkin - 2010
    Written with your needs as a financial statement preparer, user, and attestor in mind, this guide provides a complete review of the authoritative accounting literature that impacts all types of not-for-profit organizations. At the same time, Wiley Not-for-Profit GAAP 2010 features many examples and illustrations that will assist you in applying authoritative literature to real-life situations.Easy-to-use information that enables you to find needed information quickly Coverage of accounting principles specifically related to not-for-profit organizations, as well as accounting principles applicable to all types of organizations Specific coverage of accounting issues for different types of not-for-profit organizations A comprehensive disclosure checklist that helps financial statement preparers and attestors ensure that all disclosures required by GAAP have been considered Many examples and illustrations that make putting accounting theory into practice an easy task Wiley Not-for-Profit GAAP 2010 strives to be a thorough, reliable reference that you'll use constantly. It's designed to be kept on your desk rather than on your bookshelf.

Payroll Accounting 2011 (with Klooster & Allen's Computerized Payroll Accounting Software CD-ROM) (Book & CD Rom)


Bernard J. Bieg - 2010
    The annual revision of Bieg/Toland's market-leading PAYROLL ACCOUNTING 2011 text addresses all of the latest laws and up-to-the-minute updates regarding payroll.