The End of Accounting and the Path Forward for Investors and Managers
Baruch Lev - 2016
Based on a comprehensive, large-sample empirical analysis, this book reports financial documents' continuous deterioration in relevance to investors' decisions. An enlightening discussion details the reasons why accounting is losing relevance in today's market, backed by numerous examples with real-world impact. Beyond simply identifying the problem, this report offers a solution--the Value Creation Report--and demonstrates its utility in key industries. New indicators focus on strategy and execution to identify and evaluate a company's true value-creating resources for a more up-to-date approach to critical investment decision-making.While entire industries have come to rely on financial reports for vital information, these documents are flawed and insufficient when it comes to the way investors and lenders work in the current economic climate. This book demonstrates an alternative, giving you a new framework for more informed decision making.Discover a new, comprehensive system of economic indicators Focus on strategic, value-creating resources in company valuation Learn how traditional financial documents are quickly losing their utility Find a path forward with actionable, up-to-date information Major corporate decisions, such as restructuring and M&A, are predicated on financial indicators of profitability and asset/liabilities values. These documents move mountains, so what happens if they're based on faulty indicators that fail to show the true value of the company? The End of Accounting and the Path Forward for Investors and Managers shows you the reality and offers a new blueprint for more accurate valuation.
Financial Accounting [with CD-ROM]
Robert Libby - 1995
This title presents the use of focus companies and the financial statements. The decision-making focus shows the relevance of financial accounting regardless of whether or not the student has chosen to major in accounting.
The Calendar
David Ewing Duncan - 1998
The year 2000 is alternatively the year 2544 (Buddhist), 6236 (Ancient Egyptian), 5761 (Jewish) or simply the Year of the Dragon (Chinese). The story of the creation of the Western calendar, which is related in this book, is a story of emperors and popes, mathematicians and monks, and the growth of scientific calculation to the point where, bizarrely, our measurement of time by atomic pulses is now more accurate than time itself: the Earth is an elderly lady and slightly eccentric - she loses half a second a century. Days have been invented (Julius Caesar needed an extra 80 days in 46BC), lost (Pope Gregory XIII ditched ten days in 1582) and moved (because Julius Caesar had 31 in his month, Augustus determined that he should have the same, so he pinched one from February).
Cannibal Corpse, M/C
Tim Curran - 2012
WEST OF THE MISSISSIPPI RIVER IS A HELLZONE KNOWN AS THE DEADLANDS.Here, bioengineered Corpse Worms rain from the blood-streaked sky, reanimating the dead. And here, atomic weapons have created legions of mutants, primeval monsters, and wild chaotic weather patterns.Enter: John Slaughter. Hardcore outlaw biker. Blood member of the Devil's Disciples. A very wanted man. Captured by the army, the feds want him to lead a gang of his old bikers across the Mississippi and into the nuclear wastes of the Deadlands.His objective: Snatch a high-level biologist who is being held at an old NORAD fortress by a paramilitary terrorist group. It will mean a raid into territory swarming with the living dead, mutations, and sects of psychotic survivalists... not to mention the Cannibal Corpse motorcycle club, blood enemies of the Devil’s Disciples.His incentive: his brother is being held at a federal prison back east on charges of sedition. If Slaughter does not bring back the biologist, his brother will be executed.The drawback: An ancient, diabolic evil has claimed the Deadlands and is in league with Cannibal Corpse. And unless Slaughter can stop it, it will pick its teeth with the last bones of the human race.(Description from back cover of trade paperback edition)
The Cannibal Queen: A Flight Into The Heart Of America
Stephen Coonts - 1992
In The Cannibal Queen, he turns his storytelling genius to nonfiction with an exultant account of three glorious months in the summer of ‘91 spent in the cockpit of a 1942 Stearman vintage biplane. Joining the ranks of John Steinbeck and Charles Kuralt, Coonts takes us on an extraordinary adventure, touching down in all forty-eight of the continental United States. On a clear, sunny Saturday in June, Coonts and his fourteen-year-old son David take off from Boulder, Colorado, in a 1942 Stearman open cockpit biplane, “a noisy forty-nine-year-old wood and canvas crate with a naked floozy painted on the side.” The Queen started life as a World War II primary trainer then spent over thirty years as an agricultural spray plane before being lovingly restored. For Coonts, who’s logged thousands of hours in the Navy’s most sophisticated aircraft, the Queen is flying as he’s never known it before—flying close the earth, the wind teasing his helmet, equipped with little more than a map and a compass. First stop is a Stearman fly-in in St. Francis, Kansas. there amid the barbecues and barber-shop quartets, the tree lined streets with their modest homes, Coonts feels nostalgia for small-town America, for a way of life he felt was dying. Yet, by the end of the journey, having met the friendly, richly individual people in towns large and small across the land, he knows our nation has weathered her first two hundred years remarkably well, and he is filled with hope for the future of this vast and varied land. First published in 1992, The Cannibal Queen was Coonts’ first venture into nonfiction and is hailed today as a classic flying story. Coonts captures the joy and wonder of flight on every page. Over half the fan mail he has received through the years has been about this book. You owe it to yourself to go flying with Stephen Coonts.
Fire in the Sky: Cosmic Collisions, Killer Asteroids, and the Race to Defend Earth
Gordon L. Dillow - 2019
The only question is when. In the meantime, we need to get much better at finding objects hurtling our way, and if they’re large enough to penetrate the atmosphere without burning up, figure out what to do about them. We owe many of science’s most important discoveries to the famed Meteor Crater, a mile-wide dimple on the Colorado Plateau created by an asteroid hit 50,000 years ago. In his masterfully researched Fire in the Sky, Dillow unpacks what the Crater has to tell us. Prior to the early 1900s, the world believed that all craters—on the Earth and Moon—were formed by volcanic activity. Not so. The revelation that Meteor Crater and others like it were formed by impacts with space objects has led to a now accepted theory about what killed off the dinosaurs, and it has opened up a new field of asteroid observation, which has recently brimmed with urgency. Dillow looks at great asteroid hits of the past and spends time with modern-day asteroid hunters and defense planning experts, including America’s first Planetary Defense Officer. Satellite sensors confirm that a Hiroshima-scale blast occurs in the atmosphere every year, and a smaller, one-kiloton blast every month. While Dillow makes clear that the objects above can be deadly, he consistently inspires awe with his descriptions of their size, makeup, and origins. At once a riveting work of popular science and a warning to not take for granted the space objects hurtling overhead, Fire in the Sky is, above all, a testament to our universe’s celestial wonders.
Mortal Coils
Aldous Huxley - 1920
The grandson of Thomas H, Huxley (Darwin's famous defender), he was born in England and educated at Eton and Oxford. He traveled widely in his youth and lived in Italy for a while in the 1920s. He began his literary career with poetry and critical essays, then turned to novels. Having been born just too late to participate in World War I, he was able, in his early works, such as CROME YELLOW (1921), ANTIC HAY (1923), THOSE BARREN LEAVES (1925), and POINT COUNTER POINT (1928), to perfectly capture a sense of purposeless aftermath which resonated strongly in British society at the time. A satirical strain already evident manifested itself spectacularly in BRAVE NEW WORLD (1932), after which much of his work began to show a fantastic or speculative cast, including AFTER MANY A SUMMER DIES THE SWAN (about immortality, 1939), TIMES MUST HAVE A STOP (1944), and APE AND ESSENCE (a dystopia, 1948). ISLAND, his last work, published in 1962, is a utopia. Late in life he developed an increasing disdain for Western society and an interest in Eastern mysticism and in the possibilities of psychedelic drugs, which he described in THE DOORS OF PERCEPTION (1954). MORTAL COILS is a short-story collection from Huxley's early period, including one of his most popular stories, "The Gioconda Smile."
Underneath
Sarah Jamila Stevenson - 2013
Thankfully, she had her older, popular cousin Shiri to talk to—until now. Shiri’s shocking suicide brings heartwrenching pain and grief, and also seems to have triggered a new and disturbing ability in Sunny: hearing people’s thoughts.It’s awful, especially when Sunny learns what her so-called friends really think of her. Feeling more comfortable with the Emo crowd, she tells them about her strange talent and uses it to help cute, troubled Cody. But when his true motives are revealed, she isn’t sure whom to trust anymore. Sunny hopes to find answers in Shiri’s journal. Was her cousin also cursed with this “gift”? Will Sunny end up like Shiri?
Stories Volume 2
Ray Bradbury - 2003
Within these pages the reader will be transported to foreign and extraordinary worlds, become transfixed by visions of the past, present, and future and be left humbled and inspired by one of most absorbing and engaging writers of this century, and the last.This is the second of two volumes offering the very best of his short stories including 'The Garbage Collector', ‘The Machineries of Joy’ and ‘The Toynbee Convector’.
Warren Buffett Accounting Book: Reading Financial Statements for Value Investing (Warren Buffett's 3 Favorite Books)
Stig Brodersen - 2014
Reading Financial Reports for Dummies
Lita Epstein - 2004
government began standardizing and regulating financial reporting in 1929 when the stock market crash made it painfully clear that businesses often made absurd claims and that investors were either gullible, unable to verify information, or both. Now, financial reports are used by a company's management to measure profitability (or lack of it), optimize operations and guide the company, by banks and other lenders to gauge the company's financial health, and by institutional or individual investors interested in purchasing stock. Unless you're financially savvy, annual reports with all those figures, frustrating footnotes, and fine print are boring and intimidating. However, once you have a fundamental knowledge of finance and its basic terminology, you can find the juicy parts. Reading Financial Reports For Dummies by Lita Epstein, a teacher of online financial courses and author of Trading for Dummies, gets you up to speed so you can:Go past the prose that can maximize the positive and minimize the negative and get information in dollars and cents Get an overview from the big three--the balance sheet, income statement, and statement of cash flows Understand the lingo and read between the lines Calculate basics like PE, Dividend Payout Ratio, ROS, ROA, ROE, Operating Margin, and Net Margin It pays for investors to be somewhat skeptical instead of gullible. Pressured to please Wall Street, companies are sometimes tempted to use "creative" accounting. You'll discover how to:Detect red flags (that, unfortunately, aren't emphasized in red) such as lawsuits, changes in accounting methods, and obligations to retirees and future retirees Understand the different reporting requirements for public companies and private companies with various types of business structures Analyze a company's cash flow, a prime indicator of its financial health Scrutinize deals such as mergers, acquisitions, liquidations and other major changes in key assets Organized so you can start where you're comfortable and proceed at your own pace, Reading Financial Reports for Dummies helps managers prepare annual reports and use financial reporting to budget more efficiently and helps investors base their decisions on knowledge instead of hype. Whether you're in business or in the stock market, knowledge is always an asset.
Psychomech
Brian Lumley - 1984
While Garrison is recovering from his injuries, Schroeder makes him an offer the young man cannot refuse—refuge at Schroeder’s luxurious mountain retreat and rehabilitation from the best doctors who can treat Garrison’s blindness, and, if not cure him, at least teach him a new way of life.But Thomas Schroeder has a secret. He is dying and determined not to lose his life. The doctors tell him his body cannot be saved. But about his mind? Garrison’s healthy young body would make an excellent replacement for Schroeder’s failing corpus, if the machines to perform the operation can be perfected in time.Garrison has secrets of his own. Since the bombing that caused a loss of his sight, Garrison has become aware of new abilities slowly developing in his mind: mental powers he is beginning to master; strengths Schroeder cannot expect.Richard Garrison and Thomas Schroeder, two strong-willed men locked in battle for the greatest prize—life itself.
Hurt Others
Sam Pink - 2011
Someone had to be a bagger at a grocery store and fantasize about hitting children in the head with wine bottles. Someone had to fear a puddle floating at him from across the street. Someone had to celebrate beating up a pregnant woman. Someone just HAD to be a nanny, and stare at giant motorized spiders. Jeez oh man! Don't ask why a teenager in a Chicago Bulls overcoat is feeding baby rabbits to a toad. Don't ask why someone had to run around the backyard with a bedsheet cape after drinking moonshine. And don't ask why jumping down stairs feels like success.Just sit back, drink a piss-infused Bloody Mary, and learn to hurt others.
All American Wolf
Adriana Hunter - 2014
Determined to be taken seriously, she sets to work unraveling the mystery, one suspect at a time. Brody Sullivan is a man with many secrets and he also just happens to be Madison County's newest citizen. So when he ends up on the list of potential suspects, it is Serena's job to clear his name. There's just one problem: Serena's felt an undeniable attraction to Brody that ignited from the moment they first met, and if she's not careful she may lose more than her job, she may lose her heart to the man who is willing to break every one of her rules. ADULTS ONLY. New Adult Paranormal/Werewolf Romance: Due to strong language and sexual content, this book is not intended for readers under the age of 18.
The Smartest Guys in the Room: The Amazing Rise and Scandalous Fall of Enron
Bethany McLean - 2003
And thirty years later, if you're going to read only one book on Watergate, that's still the one. Today, Enron is the biggest business story of our time, and Fortune senior writers Bethany McLean and Peter Elkind are the new Woodward and Bernstein.Remarkably, it was just two years ago that Enron was thought to epitomize a great New Economy company, with its skyrocketing profits and share price. But that was before Fortune published an article by McLean that asked a seemingly innocent question: How exactly does Enron make money? From that point on, Enron's house of cards began to crumble. Now, McLean and Elkind have investigated much deeper, to offer the definitive book about the Enron scandal and the fascinating people behind it.Meticulously researched and character driven, Smartest Guys in the Room takes the reader deep into Enron's past—and behind the closed doors of private meetings. Drawing on a wide range of unique sources, the book follows Enron's rise from obscurity to the top of the business world to its disastrous demise. It reveals as never before major characters such as Ken Lay, Jeff Skilling, and Andy Fastow, as well as lesser known players like Cliff Baxter and Rebecca Mark. Smartest Guys in the Room is a story of greed, arrogance, and deceit—a microcosm of all that is wrong with American business today. Above all, it's a fascinating human drama that will prove to be the authoritative account of the Enron scandal.