The term digital refers to digits or numbers; however, in the computer science lexicon, this term refers to the representation of the information in 0s and 1s, which can be read, written and stored using machines. The prefix “e” refers to electronic, meaning the use of electricity in powering machines such as computers. Digital accounting, or e-ac- counting, as a corresponding analog, refer…
We present a review of the governmental capital markets research that has been conducted since Ingram et al. (1987). The review indicates that much of the research conducted in the last fifteen years involves the new issue bond market. Increased attention is also given to research in the secondary market. However, much of the secondary market research fails to examine the specific relationshi…
This book was written to provide an overview of the day-to-day aspects with which a portfolio manager must be concerned. Theories and essential calculations are covered, along with a practical description of what is involved in managing portfolios. This book is not designed to focus on portfolio management in either a bull or a bear market scenario. Whether markets go up or down, the essentia…
In this paper I advocate and illustrate a new approach to the study of accounting measurement and disclosure that is strikingly different from the usual studies of disclosure in pure exchange economies. This new approach studies the “real effects” of accounting disclosure, arguing that how accountants measure and report firms’ economic transactions, earnings and cash flows to capital ma…
The goal of this book is to teach the reader the basic principles of the monthly accounting process, from the first step of developing a Chart of Accounts to the last step of issuing financial statements and tax reports.
The essays in this book have been collected and are presented here in the belief that ethical issues in accounting merit much more profound exploration and analysis than they have received so far in the United Kingdom.
The first section of the book covers those tasks that should be accomplished prior to the start of a business or as ongoing analysis after it has been founded. It accomplishes this objective in three chapters.
In this book, we synthesize a rich and vast literature on econometric challenges associated with accounting choices and their causal effects. Identification and esti- mation of endogenous causal effects is particularly challenging as observable data are rarely directly linked to the causal effect of interest. A common strategy is to employ logically consistent probability assessment via Bayes…
You’ve survived all those technical accounting courses, advanced courses, systems, auditing, cost, and tax, and now you’re ready to take the big exam. But perhaps in those intermediate or advanced courses, you didn’t receive enough expo- sure to research in the accounting standards, the auditing standards, or the tax code. No problem! This little book is designed to quickly bring you up…
The Netherlands-based bank, ABN AMRO, was formed in 1990 when Algemene Bank Nederland merged with Amsterdam-Rotterdam Bank. Following the merger, ABN AMRO has established itself as a global bank with operations in 76 countries and territories including the United States, where the bank has a 16% share of the Midwest market. ABN AMRO’s global expansion was driven initially by mergers but more …
This frustration translated into a deep desire to produce a series of concise technical books that would be targeted at developers working on the Microsoft platform. We firmly believe, given the background knowledge such developers have, that most topics can be translated into books that are between 50 and 100 pages. This is exactly what we resolved to accomplish with the Succinctly series.…
Accounting knowledge is a core business skill that both complements and enhances your other talents. Individuals promoted to management or supervisory roles from either line or staff jobs find that many of their new responsibilities involve knowing something about accounting. Congratulations on your promotion! You’ve come to the right place to start developing those accounting skills. If you …
Accounting knowledge is a core business skill that both complements and enhances your other talents. Individuals promoted to management or supervisory roles from either line or staff jobs find that many of their new responsibilities involve knowing something about accounting. Congratulations on your promotion! You’ve come to the right place to start developing those accounting skills. If you …
Counting the money in your wallet or purse is an act of accounting. If you ever make a note of how much you have, you’re even performing a bookkeeping function. You count things all the time in everyday life without thinking twice about accounting. For example, you count the plates before setting the table at home. You count the number of e-mails you receive while you’re out of the office. …
The Essential Handbook of Internal Auditing contains the same format as the original handbook and includes chapters on Corporate Governance Perspectives, Managing Risk and Internal Controls. It is only after having addressed these three interrelated topics that we can really appreciate the internal audit role. There are chapters on professional standards, audit approaches, managing internal aud…
Taxes have a pervasive impact on our lives. They affect every individual in the United States from birth to death, and even beyond death (through taxation of an individual’s estate). Taxes likewise affect every business from formation of the business entity to its operations, distribution of profits to owners, and ultimate disposition or liquidation. Despite the wide-ranging impact of taxes,…
If we have done our job properly during the creation of this textbook, it will be like no other educational material that you have ever experienced. We literally set out to rethink the nature, structure, and purpose of college textbooks. Every feature that you find here was designed to enhance student learning. We want this material to be presented in a manner that is both innovative and eff…