Management accounting and auditing Books
Emerald Publishing Limited Applications of Fuzzy Sets and the Theory of
Book SynopsisAn analysis of fuzzy sets and the theory of evidence to accounting. It is divided into parts, covering: methodology; inference; prediction; and neural networks.Table of ContentsPart 1 Methodology: utilizing fuzzy logic in decision making - new frontiers, Kursheed Omer and Andre de Korvin; fuzzy set theory and behavioural models for decision making under ambiguity, Awni Zebda. Part 2 Applying fuzzy-set theory to target costing in the automobile industry, Mohamed E. Bayou and Alan Reinstein; quality contingent replenishment policies under fuzzy demand, Jess S. Boronico; a fuzzy decision support for cost management systems design, Akhilesh Chandra and Surendra Agrawal; knowledge acquisition and the development of decision rules - studying and evaluating internal control structure, Philip H. Siegel, Jerry Strawser and Andre de Korvin. Part 3 Inference: assessment of short term liquidity risk using fuzzy sets, Ashutosh Deshmukh and Sia Nassiripour; a fuzzy set approach to client acceptance decision, Ashutosh Deshmukh, Jeffery Romaine and T.L.N. Tallaru; fuzzy expert systems - the problem of validation, Michelle McEacharn, Awni Zebda and James Calloway; uncertainty handling in accounting expert systems - a comparison of alternative approaches to knowledge representation, Ram S. Sriram and Patrick Wheeler. Part 4 Prediction: modelling ambiguity in both value and demand functions - the applications of fuzzy sets to stochastic modelling under uncertainty, Jess S. Boronico and Robert Kleyle; assessment of capital budgeting sophistication - an application of fuzzy set theory, Pamela H. Church, J. David Spiceland and Carolyn R. George; the audit risk model under the risk of fraud, Saurav Dutta, Keith E. Harrison and Rajendra P. Srivastava; project cost control - a fuzzy logic approach to crashing project activity, Kursheed Omer, Margaret F. Shipley and Andre de Korvin; the peer review process - a fuzzy decision model, Kursheed Omer et al. Part 5 Neural networks: a comparative analysis of artificial network algorithms - application to a bank financial risk model, Ram S. Sriram, R. Srikanth and Roy George; improving artificial neural network performance through input variable selection, Ali Tahai, Steven Walczak and John Rigsby; improved cash flows using neural network models for forecasting foreign rates, Steven Walczak, Ali Tahai and Khondar Karim.
£85.99
Emerald Publishing Limited Organizational Change and Development in
Book SynopsisThis text applies sociological approaches to organizational change and development to explain process innovation and diffusion in internal auditing and management accounting systems. It integrates the study of TQM and reengineering into management accounting, internal auditing and control systems.Table of ContentsAdaptation and Selection Theories of Organizations and Accounting Systems: Adaptation and contingency analysis of organizational management and accounting control systems; Selection and organizational innovation changes; Organizations as social systems and their implications for accounting control systems. The Adaptive Systems Approach to Process Innovation Changes in Accounting Control Systems: The mechanistic vs. organic approaches to organizational and accounting innovations; Organizational learning, transformation and performance issues; Culture, leadership, and organizational development. Process Innovation Strategies in Internal Auditing and Accounting Control Systems; Innovation, adoption, diffusion and changes in accounting systems. Total quality management as an incremental adaptive innovative systems strategy for internal auditing and accounting control systems change. Reengineering and structural innovation changes. Total quality management and reengineering: a comparison of incremental vs. radical innovation strategies. The diffusion of administrative innovation changes: implications for accounting control and internal auditing systems. Appendices. Contingency factors affecting externally oriented organizational change and growth strategies. Collaboration and organizational management: systems approach to inter-divisional collaboration. (Part contents).
£103.99
Emerald Publishing Limited Advances in Working Capital Management Volume 4
Book SynopsisContains nine papers, which are logically divided into three parts. This title illustrates research thrusts on a variety of financial economics issues that are germane to working capital management. It also explores dividend payouts and tax environment changes as a source of concern to treasury (and financial) managers.Trade ReviewY.H. Kim ...Nine papers illustrate ongoing research thrusts on a variety of financial economics issues that are germane to workig capital management. Journal of Economic LiteratureTable of ContentsPart I. Short-Term Interest Rates and Financial Management. The component of short-term interest rates (T.W. Miller, B.K. Stone). A study of short-term financial management techniques (C.E. Maxwell, L.J. Gitman and S.A.M. Smith). The cash balance model of Miller-Orr (W.R.L. Taylor, J.A. Yoder). Part II. Financing Alternatives: Trade Credit Analysis and Bank Loans Under Debtor-in-Possession Financing. Constrained optimal trade credit terms in a competitive pricing model (B.D. Kluger). The analysis of credit policy changes with growing and seasonal sales (K.D. Riener). Debtor-in-possession financing and the uniqueness of bank loans: evidence from borrowers and lenders perspectives (F.A. Elayan, J.Li). Part III. Cash Dividend, Dividend Initiation and Tax Rate Changes. Cash dividend payments: an examination of the signalling and agency costs hypothesis (S. Mukherji, M.S. Dhatt and C.F. Richards). Investor cognizance and price reactions to dividend initiation (H. Jo, C. Kang and Y.H. Kim). Evaluation of the effect of tax rate changes (M-W. Rhee, A.E. Avery).
£100.99
Emerald Publishing Limited Advances in Management Accounting
Book SynopsisAdvances in Management Accounting publishes well-developed articles that are relevant to both practitioners and academicians. Covering the impact of teaming on productivity, quality, and employee satisfaction that was measured using research design methods not commonly found in field study researchTable of ContentsAIMA statement of purpose. Editorial policy and manuscript form guidelines. Introduction (M.J. Epstein, J.Y. Lee). The impact of work teams on performance: a quasi-experimental field study (P.S. Wisner). Creative accounting? Wanted for new product development! (J.H. Hertenstein, M.B. Platt). Implementing cost-volume-profit analysis using an activity-based costing system (R.C. Kee). An empirical study of the application of strategic management accounting techniques (K.S. Cravens, C. Guilding). The long-term stock return performance of lean firms (Kyungjoo Park, Cheong-Heon Yi). The relation between chief executive compensation and financial performance: the information effects of diversification (L. Kren). Participative budgeting and performance: a state of the art review and re-analysis (P. Chalos, M. Poon). Interactive effects of strategic and cost management systems on managerial performance (A.I. Nicolaou). The role of quality cost information in decision making: an experimental investigation of pricing decisions (A. Anandarajan, C. Viger). Risk perception and handling in capital investment: an empirical study of senior executives in Hong Kong (S.M. Ho, L. Yang). A framework for examining the use of strategic controls to implement strategy (R. Kershaw).
£86.99
Emerald Publishing Limited Advances in Management Accounting
Book SynopsisFeatures articles on various topics in management accounting that are relevant to researchers in both practice and academe. This volume contains articles on innovation strategy and the use of performance measures, performance effects of financial incentives, and evaluating product mix and capital budgeting decisions.Table of ContentsIntroduction; Expanding Our Frontiers: Management Accounting Research in the Next Decade?; Innovation Strategy and the Use of Performance Measures; Comparing the Performance Effect of Financial Incentives For a Simple, Recurrent Task; Evaluating Product Mix and Capital Budgeting Decisions with an Activity-Based Costing System; Performance-Based Organizations (Pbos) The Tale of two Performance-Based Organizations; A Nomological Framework of Budgetary Participation And Performance: A Structural Equation Analysis Approach; Does Organization-Mandated Budgetary Involvement Enhance Managers Budgetary Communication with Their Supervisor?; Budgetary Slack and Performance in Group Participative Budgeting: The Effects of Individual and Group Performance Feedback and Task Interdependence; Do Perceptions of Fairness Mitigate Managers Use of Budgetary Slack During Asymmetric Information Conditions?; Effects of Responsibility and Cohesiveness on Group Escalation Decisions.
£87.99
Crown Bookkeeping Made Simple Made Simple Books A Practical EasyToUse Guide to the Basics of Financial Management
Book SynopsisA streamlined introduction to record keeping, accounting, and more, Bookkeeping Made Simple takes the mystery out of financial jargon for small-business owners and students. Completely up to date, this comprehensive edition now covers the complete accounting cycle, making it easier than ever to master the math of commerce. Topics covered include:* assets and equities* individual accounts* the journal* adjustments to accounts* preparing statements* merchandising accounts* control of cash* petty cash* payroll* partnership* closing the books
£13.49
Baker Publishing Group DebtProof Your Marriage
Book SynopsisBestselling author and financial expert Mary Hunt helps couples enjoy freedom, honesty, and harmony in managing their money as a team.
£18.96
Baker Publishing Group Simple Money
Book SynopsisWhen it comes to money management, most of us take a hands-off approach because we''re just not confident that we have the know-how needed. But personal finance is actually more personal than it is finance. Tim Maurer has made a career out of distilling complex financial concepts into understandable, doable actions. In this eminently practical book, he shows readers how to- better understand their values and goals in order to simplify their money decisions- budget major expenses intelligently- reduce and eliminate debt- make vital decisions on home, auto, and life insurance- establish a world-class investment portfolio- craft a workable retirement plan- and moreReaders will be relieved to see that managing their money is actually not as complicated as they thought--and that they can take control of their financial future starting today.
£22.40
Moody Publishers Master Your Money
Book Synopsis
£14.24
Rowman & Littlefield Publishers The Decline in Saving
Book Synopsis Longtime Brookings economist and former presidential adviser Barry Bosworth examines why saving rates in the United States have fallen so precipitously over the past quarter century, why the initial consequences were surprisingly benign, and how reduced saving will affect the future well-being of Americans. The Decline in Saving provides an extensive and unparalleled account of the complexity of present saving patterns, an issue made even more serious by the 200809 global economic and financial crises. It objectively examines saving at both the individual household and the aggregate economy levels to understand whether the U.S. decline in saving is truly a threat to American prosperity. Highlights from The Decline in Saving: The magnitude of the two-decade-long fall in household saving has been truly astonishing; it is even more surprising in view of the fact that the large cohort of baby boomers should have been in their peak saving years.<
£23.75
Cengage Learning EMEA Essentials of Management Accounting in Business
Book SynopsisIllustrated using examples, this student text explains management accounting in all of its phases, from the determination of figures through their presentation and interpretation, to their application in business management.Table of ContentsPart I Introduction Part II Planning and Control Part III Costing and Pricing Part IV Decision Making Answers Appendix - Discounted cash flow tables Index
£54.14
Emerald Publishing Limited Reputation Building Website Disclosure The Case
Book SynopsisA study that investigates the various aspects of the 100 entrepreneurial firms in Australia. It analyses the association between intellectual capital disclosure types on company-sponsored websites, using content analysis, and the corporate growth aspect of reputation of these firms over a three-year period from 2005 to 2007.Table of ContentsList of Tables. List of Figures. List of Charts. List of Appendix Sections. Acknowledgements. Dedication. Executive Summary. Chapter 1 Introduction and overview. Chapter 2 Literature review. Chapter 3 Theoretical framework. Chapter 4 Research methods. Chapter 5 Sample characteristics. Chapter 6 Findings and interpretation – Content analysis. Chapter 7 Findings and interpretation – Survey questionnaire. Chapter 8 Findings and interpretation – Interviews. Chapter 9 Conclusions. References. Appendices. Subject Index. Studies in managerial and financial accounting. Studies in managerial and financial accounting. Copyright page.
£103.99
Emerald Publishing Limited Advances in Management Accounting Volume 19
Book SynopsisFeatures articles on a call for future research on management accounting service quality; budget ratcheting and performance; effect of trust-in-superior and trustfulness on budgetary slack; relationship between purposes of budget use and budgetary slack; strategic budgeting in public schools; and, more.Table of ContentsList of Contributors. EDITORIAL BOARD. STATEMENT OF PURPOSE AND REVIEW PROCEDURES. EDITORIAL POLICY AND MANUSCRIPT FORM GUIDELINES. Introduction. A call for research on management accounting service quality. Budget ratcheting and performance. The effect of trust-in-superior and truthfulness on budgetary slack: An experimental investigation. The relationship between purposes of budget use and budgetary slack. Selection bias and endogeneity issues on the relationship between information technology and firm performance. Strategic budgeting in public schools: An experimental comparison of budget formats. Using a management accounting perspective to evaluate the production of future accounting professionals. Investigating the links between management control approaches and performance measurement systems. Antecedents and consequences of cost information usage in decision making. Why the proper definition of the ABC matters: A note. Advances in management accounting. Advances in management accounting. Copyright page.
£96.99
ASQ Quality Press Auditing Beyond Compliance
£30.00
HarperCollins The Control Theory Manager
Book SynopsisCombining the control theory of William Glasser with the wisdom of W. Edwards Deming, this indispensable management resource explains both what quality is and what lead-managers need to do to achieve it.
£9.99
House of Anansi Press Ltd ,Canada Thrifty
Book SynopsisWritten in Marjorie Harris''s trademark witty, engaging, and accessible style, Thrifty is chock-full of simple and savvy tips drawn from her own richly thrifty experience, and those of renowned experts such as bestselling author Margaret Atwood, actor R. H. Thomson, travel writer Sylvia Fraser, and the Globe and Mail Style columnists. With solid tips on how to haggle, how to become a frugal fashionista, maintaining home and hearth on a budget, and practical advice on thrifty gardening, travel, and entertainment, Harris provides essential guidelines to living a quality life on less.Trade ReviewIt's a solid guide to the virtues of non-consumerism, yet - big relief - doesn't come across as preachy or reeking of environmental goody-goodyism. * Toronto Star *Thrifty is an entertaining read, thanks to the author's witty style and practical anecdotes. * Calgary Herald *Weaving concrete advice from her own life with stories and ideas from many of her frugal friends - including Margaret Atwood who encouraged Harris to write this book - Thrifty offers encouraging, entertaining and eclectic ways to live a frugal life with style. * rabble *Harris reminds us that the word thrifty is derived from the word thrive. If we do it right, she promises, living thriftily will make us feel good - not deprived. * Montreal Gazette *
£11.39
Out of Your Mind...& Into The Marketplace,U.S. Keeping the Books
Book SynopsisTrade Review"Think of this as the publishing equivalent of eating your spinach . . . tells you everything you ever wanted or needed to know about financial paperwork." --Inc. Magazine"A concise, user-friendly workbook that will help you maintain all the basic records . . . One of the most comprehensive, accessible books for small business owners that we at Money Book Club have ever seen." --Money Book Club"Covers the basics of setting a recordkeeping system that is both retrievable and trackable." --Nation's Business
£19.76
Sensible Investment Management Pty Ltd Atf Th Get Unstuck
Book Synopsis
£17.04
£17.09
Higherlife Development Service Bridging Generations
Book Synopsis
£22.91
Taylor & Francis Ltd Business Models and Corporate Reporting
Book SynopsisThis book discusses the role of business models in corporate reporting. It illustrates the evolution of non-financial reporting, the importance of business model reporting, and the main conceptualisations of business models. It also offers a methodological contribution to the assessment of business model reporting. Finally, it discusses the main implication of business model reporting for different categories of subjects and some challenges related to this kind of disclosure.Readers will understand the role of business models in the non-financial reporting landscape. They will also gain an understanding of how business models can help users of the annual report contextualise other non-financial items disclosed. However, effective business model reporting implies paying attention to certain features that define its quality. This theme is discussed in the empirical part of the book and in the section devoted to implications for preparers, users, and regulators.<Table of Contents1. Introduction 2. The disclosure of non-financial information and the role of business models 3. Business model communication in corporate reporting 4. The implications of business model disclosure 5. Concluding remarks
£37.99
Taylor & Francis Strategic Performance Management
Book SynopsisEffective performance management is core to successful organizations. The new edition continues to look at performance management as an interdisciplinary field of study and practice and draws upon a wide set of business disciplines, including strategic management, organizational behaviour, organizational theory, and management accounting.The book provides a contemporary examination of theories, issues, and practices related to performance management with an original performance management framework, grounded in concrete organizational phenomena, therefore making it more accessible and meaningful to practitioners, scholars, and students. The updated edition also examines organizationsâ evolving use of digital business transformation and the effect on performance management design.With updated cases, the latest edition will help readers to gain insights into the fields of strategic management, organizational behaviour, organizational theory, and management accounting andTrade Review"An important aspect of corporate culture is a strong performance culture that recognises and rewards the right behaviour beyond achieving short-term financial goals. This must be underpinned by an effective performance measurement system. The focus on ESG and digitalisation of businesses also challenge the performance management systems of many companies. The new edition of Ralph W. Adler’s book provides a useful framework for approaching the design of a performance measurement system and is a timely reminder of the importance of an effective performance measurement system for a high-performing and ethical organisation."Mak Yuen Teen, PhD, FCPA (Aus), Professor (Practice) of Accounting, National University of Singapore"I love when a book not only contains all the relevant information but is written in a way that can be understood by many, not just elite academics. This is one such book. From what I have read, I would recommend this book for those studying, teaching, or working in the area of management accounting – with an emphasis on performance management. By critiquing and comparing respective early frameworks and providing a clear history of performance management, Adler has cleverly derived a new and original performance management framework. This conceptual model then informs the remainder of the new edition with the addition of ethical behaviours and digital business transformation. Providing detailed knowledge of prior research is essential to informing these new and improved ways of organizational structure and ensuring the capture of 21st-century innovations."Robyn Pilcher, PhD (USyd), MCom, BBus, FCPA, FIPA, CMA , Adjunct Associate Professor, Curtin University, Australia"This textbook does an excellent job of condensing and presenting in a manner understandable to students the multifarious field of performance management (management control). The framework developed and used throughout the textbook captures the various elements of performance management in a manner that can be readily applied in practice."Ralph Kober, Associate Professor of Accounting, Monash University, AustraliaTable of Contents1. Performance Management: An Introduction PART 1 Performance Management Beginnings 2. What is Performance Management? 3. The Rise of Performance Management 4. Theory and Performance Management PART 2 Organizational Strategy 5. Organizational Goals and Objectives 6. Business Ethics as an Element of Organizational Strategy 7. Introduction to Organizational Strategy 8. Competitive Strategy 9. Digital Business Transformation: Connections to Competitive Strategy PART 3 Levers of Control 10. Organizational Structure 11. Operating Systems, Processes and Procedures 12. Organizational Culture PART 4 Contingent Factors 13. Internal Environment 14. External Environment 15. Conclusion
£43.69
Taylor & Francis Financial Management in Museums
Book SynopsisFinancial Management in Museums considers sustainable and innovative solutions to current museum financial challenges by analyzing the many changes and pressures affecting the museum field.Presenting diverse perspectives from a range of authors around the world, the book shares and compares different funding models and methods of museum financial management. Arguing that museums need to be more effective in obtaining and managing financial resources, the volume also demonstrates how innovative and sustainable financial management strategies and structures can allow museums to respond to societal pressures and issues in a more effective way. It also demonstrates that museums must allocate resources responsibly to fulfill their goals of justice, equity, inclusion, and accessibility. The theoretical and practical contributions within the volume cover a comprehensive range of topics, including foundational concepts, revenue, expenses, budgeting, financial leadership, strat
£34.19
Taylor & Francis Ltd Construction Audit
Book SynopsisConstruction Audit is becoming more and more prevalent, and organizations are appreciating its importance. Learning the basics of construction auditing can provide valuable knowledge and skills for professionals and students in the construction industry, offering insights into financial management, risk mitigation, compliance and overall project oversight.This book is not just for auditors, however. It could be used by project managers, integrity monitors, construction managers and anyone else who wants to understand the elements that go into creating a successful project. Legal teams involved in contracting and overpayment recovery will also benefit.This book: Walks you through all phases of construction, starting with project inception. It will guide the reader through all the processes and the risks in each of these. Will guide the reader through the many challenges they will face throughout the life of the project. This book provides real-life solutions to common problems in construction. Introduces project management techniques; while not concentrating on a special methodology, the book builds on project management fundamentals. Understanding this will help enable the reader to talk to project managers more effectively. Defines the components of a successful project and gives the reader the tools needed to ensure these components. Uses real-life examples of control breakdowns, errors or fraud. Will help readers build an audit strategy and plan by understanding risks and effective controls that can be implemented to mitigate risk. Whether tackling your first project or your 21st project, this book will help you think outside the box and understand the finite processes and pieces of your project. There is always room for something new, new perspectives or improvement, and this book will help you find it.
£42.74
Taylor & Francis Transforming the Healthcare Revenue Cycle with
Book SynopsisRevenue cycle management (RCM) refers to an institution's financial management process that helps track, identify, collect, and manage incoming payments. This helps businesses foster financial transparency within the company and charge patients the correct amount for the services and healthcare they receive. But because of the unique healthcare payment system in the United States, relatively few of these dollars change hands directly between providers and their patients. Instead, there is a complex reimbursement system, mostly driven by third-party payment transactions between government programs and insurance companies on the one hand, and healthcare providers on the other. Artificial Intelligence (AI) can help predict claim denials by analyzing past denial trends and alerting HIM professionals of the potential denial in advance of billing. This affords the opportunity to review and correct claims pre-bill. One major benefit of AI in RCM is increased efficiency. By automating routine tasks, healthcare organizations can free up their staff to focus on more important and value-added work. This can lead to improved productivity and faster turnaround times, ultimately resulting in improved patient care. This book provides an informative blueprint to help hospital and healthcare revenue cycle administration personnel along their Artificial Intelligence journey using the most commonly available administrative datasets, electronic claims, and electronic health records. Peppered throughout the book are hilarious personal anecdotes and cautionary tales from the authorâs wealth of experience in building AI solutions in the healthcare space.The book begins with providing an overview of key concepts such as data science, machine learning, AI, language models (such as ChatGTP) and more. Then the author expands up the defined process in the context of common revenue cycle use cases that leverage electronic claims and electronic health records. Finally, the book provides guidance on how to evaluate AI solutions at each state of the development process including how to evaluate third-party vendor AI solutions.
£46.54
Taylor & Francis Financial Information Analysis
Book SynopsisAccounting information is one of the most vital and important sources of information in the modern world. Those who understand this and can analyse its context and content have the power to influence key decision-making processes.Philip OâReganâs authoritative and important textbook provides readers with the tools and techniques to analyse accounting information and present it in a manner that is clear, focused and valuable. Updated to reflect changes in IFRS, governance codes and regulatory frameworks, as well as new sustainability reporting rules, the text sheds light on the role of accounting information in modern society and the many ways in which it can be used by a variety of stakeholders, including shareholders, investors, employees, environmentalists and others.Aimed at the UK, Ireland and continental European markets, this new edition is completely updated to incorporate relevant accounting standards, sustainability/ESG regulations and advanced analytical techniques. Features which add unique value to this fourth edition of Financial Information Analysis include case studies in every chapter with numerous supporting articles from the major financial presses, questions for review, and comprehensive online support and materials.This essential textbook is core reading for advanced undergraduate and postgraduate students wishing to understand the role of accounting information in modern society.
£56.99
Taylor & Francis IT Auditing
Book SynopsisMore than ever, technology is indispensable to business operations and recordkeeping, so people skilled in computer automationâIT auditorsâhave become an essential part of the financial audit team.This book is a comprehensive guide to the IT audit discipline, and to the impact of abstraction on businesses. Developments including Robotic Process Automation (RPA) and artificial intelligence (AI) mean that businesses are moving from a physical world to an abstracted digital world, increasing reliance on systems, their design, their implementation and on those that oversee and maintain these systemsâoften parties outside the businessesâ control. Though the implications of these shifts go far beyond IT auditing, this book focuses on what IT auditors need to know in this new environment, such as:â How to understand abstracted services and appropriate internal business controlsâ How to evaluate situations where physicality has been replaced by abstracted services
£37.99
CRC Press AI and Fintech
£114.00
Taylor & Francis Sustainability Accounting and Accountability
£56.99
BPP Learning Media CIMA BA2 Fundamentals of Management Accounting
Book SynopsisSuitable for exams until December 2024
£20.90
BPP Learning Media CIMA Operational E1 F1 P1 Integrated Case Study
Book SynopsisSuitable for exams until February 2025
£38.00
BPP Learning Media CIMA Management E2 F2 P2 Integrated Case Study
Book SynopsisSuitable for exams until February 2025
£38.00
BPP Learning Media CIMA Strategic E3 F3 P3 Integrated Case Study
Book SynopsisSuitable for exams until February 2025
£38.00
BPP Learning Media FIA Foundations in Audit International FAU INT
Book SynopsisSuitable for exams in December 2024 and June 2025
£17.10
BPP Learning Media FIA Foundations in Audit International FAU INT
Book SynopsisSuitable for exams in December 2024 and June 2025
£10.00
BPP Learning Media ICAEW Assurance
Book SynopsisSuitable for exams from December 2024
£10.83
BPP Learning Media CIMA P2 Advanced Management Accounting
Book SynopsisSuitable for exams until December 2025
£38.00
BPP Learning Media ICAEW Audit and Assurance
Book SynopsisSuitable for exams from December 2024
£10.83
BPP Learning Media AIA Management Accounting
Book SynopsisSuitable for exams until December 2026
£28.50
CRC Press The Change Agent Auditor Essentials and
Book SynopsisOperational AuditingOperational Auditing: Principles and Techniques for a Changing World, 2nd edition, explains the proven approaches and essential procedures to perform risk-based operational audits. It shows how to effectively evaluate the relevant dynamics associated with programs and processes, including operational, strategic, technological, financial and compliance objectives and risks. This book merges traditional internal audit concepts and practices with contemporary quality control methodologies, tips, tools and techniques. It explains how internal auditors can perform operational audits that result in meaningful findings and useful recommendations to help organizations meet objectives and improve the perception of internal auditors as high-value contributors, appropriate change agents and trusted advisors. The 2nd edition introduces or expands the previous coverage of: â Control self-assessments. â The 7 Es framework for operational quality. â Linkages to ISO 9000.
£75.99
Giovanni Rigters 50 Tips On Saving Money
Book Synopsis
£6.99
John Wiley & Sons Inc Auditors Guide to IT Auditing Software Demo
Book SynopsisStep-by-step guide to successful implementation and control of IT systemsincluding the Cloud Many auditors are unfamiliar with the techniques they need to know to efficiently and effectively determine whether information systems are adequately protected. Now in a Second Edition, Auditor''s Guide to IT Auditing presents an easy, practical guide for auditors that can be applied to all computing environments. Follows the approach used by the Information System Audit and Control Association''s model curriculum, making this book a practical approach to IS auditing Serves as an excellent study guide for those preparing for the CISA and CISM exams Includes discussion of risk evaluation methodologies, new regulations, SOX, privacy, banking, IT governance, CobiT, outsourcing, network management, and the Cloud Includes a link to an education version of IDEA--Data Analysis Software As networks and enterprise resource planning Table of ContentsPreface xvii Part I: IT Audit Process 1 Chapter 1: Technology and Audit 3 Technology and Audit 4 Batch and Online Systems 8 Electronic Data Interchange 20 Electronic Business 21 Cloud Computing 22 Chapter 2: IT Audit Function Knowledge 25 Information Technology Auditing 25 What Is Management? 26 Management Process 26 Understanding the Organization’s Business 27 Establishing the Needs 27 Identifying Key Activities 27 Establish Performance Objectives 27 Decide the Control Strategies 27 Implement and Monitor the Controls 28 Executive Management’s Responsibility and Corporate Governance 28 Audit Role 28 Conceptual Foundation 29 Professionalism within the IT Auditing Function 29 Relationship of Internal IT Audit to the External Auditor 30 Relationship of IT Audit to Other Company Audit Activities 30 Audit Charter 30 Charter Content 30 Outsourcing the IT Audit Activity 31 Regulation, Control, and Standards 31 Chapter 3: IT Risk and Fundamental Auditing Concepts 33 Computer Risks and Exposures 33 Effect of Risk 35 Audit and Risk 36 Audit Evidence 37 Conducting an IT Risk-Assessment Process 38 NIST SP 800 30 Framework 38 ISO 27005 39 The “Cascarino Cube” 39 Reliability of Audit Evidence 44 Audit Evidence Procedures 45 Responsibilities for Fraud Detection and Prevention 46 Notes 46 Chapter 4: Standards and Guidelines for IT Auditing 47 IIA Standards 47 Code of Ethics 48 Advisory 48 Aids 48 Standards for the Professional Performance of Internal Auditing 48 ISACA Standards 49 ISACA Code of Ethics 50 COSO: Internal Control Standards 50 BS 7799 and ISO 17799: IT Security 52 NIST 53 BSI Baselines 54 Note 55 Chapter 5: Internal Controls Concepts Knowledge 57 Internal Controls 57 Cost/Benefit Considerations 59 Internal Control Objectives 59 Types of Internal Controls 60 Systems of Internal Control 61 Elements of Internal Control 61 Manual and Automated Systems 62 Control Procedures 63 Application Controls 63 Control Objectives and Risks 64 General Control Objectives 64 Data and Transactions Objectives 64 Program Control Objectives 66 Corporate IT Governance 66 COSO and Information Technology 68 Governance Frameworks 70 Notes 71 Chapter 6: Risk Management of the IT Function 73 Nature of Risk 73 Risk-Analysis Software 74 Auditing in General 75 Elements of Risk Analysis 77 Defining the Audit Universe 77 Computer System Threats 79 Risk Management 80 Notes 83 Chapter 7: Audit Planning Process 85 Benefits of an Audit Plan 85 Structure of the Plan 89 Types of Audit 91 Chapter 8: Audit Management 93 Planning 93 Audit Mission 94 IT Audit Mission 94 Organization of the Function 95 Staffing 95 IT Audit as a Support Function 97 Planning 97 Business Information Systems 98 Integrated IT Auditor versus Integrated IT Audit 98 Auditees as Part of the Audit Team 100 Application Audit Tools 100 Advanced Systems 100 Specialist Auditor 101 IT Audit Quality Assurance 101 Chapter 9: Audit Evidence Process 103 Audit Evidence 103 Audit Evidence Procedures 103 Criteria for Success 104 Statistical Sampling 105 Why Sample? 106 Judgmental (or Non-Statistical) Sampling 106 Statistical Approach 107 Sampling Risk 107 Assessing Sampling Risk 108 Planning a Sampling Application 109 Calculating Sample Size 111 Quantitative Methods 111 Project-Scheduling Techniques 116 Simulations 117 Computer-Assisted Audit Solutions 118 Generalized Audit Software 118 Application and Industry-Related Audit Software 119 Customized Audit Software 120 Information-Retrieval Software 120 Utilities 120 On-Line Inquiry 120 Conventional Programming Languages 120 Microcomputer-Based Software 121 Test Transaction Techniques 121 Chapter 10: Audit Reporting Follow-up 123 Audit Reporting 123 Interim Reporting 124 Closing Conferences 124 Written Reports 124 Clear Writing Techniques 125 Preparing to Write 126 Basic Audit Report 127 Executive Summary 127 Detailed Findings 128 Polishing the Report 129 Distributing the Report 129 Follow-up Reporting 129 Types of Follow-up Action 130 Part II: Information Technology Governance 131 Chapter 11: Management 133 IT Infrastructures 133 Project-Based Functions 134 Quality Control 138 Operations and Production 139 Technical Services 140 Performance Measurement and Reporting 140 Measurement Implementation 141 Notes 145 Chapter 12: Strategic Planning 147 Strategic Management Process 147 Strategic Drivers 148 New Audit Revolution 149 Leveraging IT 149 Business Process Re-Engineering Motivation 150 IT as an Enabler of Re-Engineering 151 Dangers of Change 152 System Models 152 Information Resource Management 153 Strategic Planning for IT 153 Decision Support Systems 155 Steering Committees 156 Strategic Focus 156 Auditing Strategic Planning 156 Design the Audit Procedures 158 Note 158 Chapter 13: Management Issues 159 Privacy 161 Copyrights, Trademarks, and Patents 162 Ethical Issues 162 Corporate Codes of Conduct 163 IT Governance 164 Sarbanes-Oxley Act 166 Payment Card Industry Data Security Standards 166 Housekeeping 167 Notes 167 Chapter 14: Support Tools and Frameworks 169 General Frameworks 169 COSO: Internal Control Standards 172 Other Standards 173 Governance Frameworks 176 Note 178 Chapter 15: Governance Techniques 179 Change Control 179 Problem Management 181 Auditing Change Control 181 Operational Reviews 182 Performance Measurement 182 ISO 9000 Reviews 184 Part III: Systems and Infrastructure Lifecycle Management 185 Chapter 16: Information Systems Planning 187 Stakeholders 187 Operations 188 Systems Development 189 Technical Support 189 Other System Users 191 Segregation of Duties 191 Personnel Practices 192 Object-Oriented Systems Analysis 194 Enterprise Resource Planning 194 Cloud Computing 195 Notes 197 Chapter 17: Information Management and Usage 199 What Are Advanced Systems? 199 Service Delivery and Management 201 Computer-Assisted Audit Tools and Techniques 204 Notes 205 Chapter 18: Development, Acquisition, and Maintenance of Information Systems 207 Programming Computers 207 Program Conversions 209 No Thanks Systems Development Exposures 209 Systems Development Controls 210 Systems Development Life Cycle Control: Control Objectives 210 Micro-Based Systems 212 Cloud Computing Applications 212 Note 213 Chapter 19: Impact of Information Technology on the Business Processes and Solutions 215 Impact 215 Continuous Monitoring 216 Business Process Outsourcing 218 E-Business 219 Notes 220 Chapter 20: Software Development 221 Developing a System 221 Change Control 225 Why Do Systems Fail? 225 Auditor’s Role in Software Development 227 Chapter 21: Audit and Control of Purchased Packages and Services 229 IT Vendors 230 Request For Information 231 Requirements Definition 231 Request for Proposal 232 Installation 233 Systems Maintenance 233 Systems Maintenance Review 234 Outsourcing 234 SAS 70 Reports 234 Chapter 22: Audit Role in Feasibility Studies and Conversions 237 Feasibility Success Factors 237 Conversion Success Factors 240 Chapter 23: Audit and Development of Application Controls 243 What Are Systems? 243 Classifying Systems 244 Controlling Systems 244 Control Stages 245 Control Objectives of Business Systems 245 General Control Objectives 246 CAATs and Their Role in Business Systems Auditing 247 Common Problems 249 Audit Procedures 250 CAAT Use in Non-Computerized Areas 250 Designing an Appropriate Audit Program 250 Part IV: Information Technology Service Delivery and Support 253 Chapter 24: Technical Infrastructure 255 Auditing the Technical Infrastructure 257 Infrastructure Changes 259 Computer Operations Controls 260 Operations Exposures 261 Operations Controls 261 Personnel Controls 261 Supervisory Controls 262 Information Security 262 Operations Audits 263 Notes 264 Chapter 25: Service-Center Management 265 Private Sector Preparedness (PS Prep) 266 Continuity Management and Disaster Recovery 266 Managing Service-Center Change 269 Notes 269 Part V: Protection of Information Assets 271 Chapter 26: Information Assets Security Management 273 What Is Information Systems Security? 273 Control Techniques 276 Workstation Security 276 Physical Security 276 Logical Security 277 User Authentication 277 Communications Security 277 Encryption 277 How Encryption Works 278 Encryption Weaknesses 279 Potential Encryption 280 Data Integrity 280 Double Public Key Encryption 281 Steganography 281 Information Security Policy 282 Notes 282 Chapter 27: Logical Information Technology Security 283 Computer Operating Systems 283 Tailoring the Operating System 284 Auditing the Operating System 285 Security 286 Criteria 286 Security Systems: Resource Access Control Facility 287 Auditing RACF 288 Access Control Facility 2 289 Top Secret 290 User Authentication 291 Bypass Mechanisms 293 Security Testing Methodologies 293 Notes 295 Chapter 28: Applied Information Technology Security 297 Communications and Network Security 297 Network Protection 298 Hardening the Operating Environment 300 Client Server and Other Environments 301 Firewalls and Other Protection Resources 301 Intrusion-Detection Systems 303 Note 304 Chapter 29: Physical and Environmental Security 305 Control Mechanisms 306 Implementing the Controls 310 Part VI: Business Continuity and Disaster Recovery 311 Chapter 30: Protection of the Information Technology Architecture and Assets: Disaster-Recovery Planning 313 Risk Reassessment 314 Disaster—Before and After 315 Consequences of Disruption 317 Where to Start 317 Testing the Plan 319 Auditing the Plan 320 Chapter 31: Displacement Control 323 Insurance 323 Self-Insurance 327 Part VII: Advanced It Auditing 329 Chapter 32: Auditing E-commerce Systems 331 E-Commerce and Electronic Data Interchange: What Is It? 331 Opportunities and Threats 332 Risk Factors 335 Threat List 335 Security Technology 336 “Layer” Concept 336 Authentication 336 Encryption 337 Trading Partner Agreements 338 Risks and Controls within EDI and E-Commerce 338 E-Commerce and Auditability 340 Compliance Auditing 340 E-Commerce Audit Approach 341 Audit Tools and Techniques 341 Auditing Security Control Structures 342 Computer-Assisted Audit Techniques 343 Notes 343 Chapter 33: Auditing UNIX/Linux 345 History 345 Security and Control in a UNIX/Linux System 347 Architecture 348 UNIX Security 348 Services 349 Daemons 350 Auditing UNIX 350 Scrutiny of Logs 351 Audit Tools in the Public Domain 351 UNIX Password File 352 Auditing UNIX Passwords 353 Chapter 34: Auditing Windows VISTA and Windows 7 355 History 355 NT and Its Derivatives 356 Auditing Windows Vista/Windows 7 357 Password Protection 358 VISTA/Windows 7 359 Security Checklist 359 Chapter 35: Foiling the System Hackers 361 Chapter 36: Preventing and Investigating Information Technology Fraud 367 Preventing Fraud 367 Investgation 369 Identity Theft 376 Note 376 Appendix A Ethics and Standards for the IS Auditor 377 ISACA Code of Professional Ethics 377 Relationship of Standards to Guidelines and Procedures 378 Appendix B Audit Program for Application Systems Auditing 379 Appendix C Logical Access Control Audit Program 393 Appendix D Audit Program for Auditing UNIX/Linux Environments 401 Appendix E Audit Program for Auditing Windows VISTA and Windows 7 Environments 407 About the Author 415 About the Website 417 Index 419
£60.00
John Wiley & Sons Inc Business Ratios and Formulas
Book SynopsisOffers a complete appraisal of analytical tools available to managers to assess performance. This resource allows you to pick and choose the tools you need to best assess your organization's performance. It provides a tool for measuring corporate performance.Table of ContentsPreface xv Acknowledgments xvii Chapter 1: Introduction 1 Chapter 2: Asset Utilization Measurements 5 Sales to Working Capital Ratio 6 Sales to Fixed Assets Ratio 7 Sales to Administrative Expenses Ratio 8 Sales to Equity Ratio 9 Sales per Person 10 Sales Backlog Ratio 12 Sales Returns to Gross Sales Ratio 13 Repairs and Maintenance Expense to Fixed Assets Ratio 14 Accumulated Depreciation to Fixed Assets Ratio 15 Capital to Labor Ratio 17 Fringe Benefits to Wages and Salaries Expense 18 Sales Expenses to Sales Ratio 19 Discretionary Cost Ratio 19 Interest Expense to Debt Ratio 20 Foreign Exchange Ratios 21 Overhead Rate 22 Goodwill to Assets Ratio 25 Overhead to Cost of Sales Ratio 26 Investment Turnover 27 Break-Even Point 28 Margin of Safety 29 Tax Rate Percentage 30 Chapter 3: Operating Performance Measurements 31 Operating Assets Ratio 31 Sales to Operating Income Ratio 33 Sales Margin 34 Gross Profit Percentage 34 Gross Profit Index 35 Investment Income Percentage 36 Operating Profit Percentage 38 Operating Leverage Ratio 39 Net Income Percentage 40 Core Operating Earnings 41 Profit per Customer Visit 42 Profit per Person 43 Core Growth Rate 44 Quality of Earnings Ratio 45 Chapter 4: Cash Flow Measurements 47 Cash Flow from Operations 47 Free Cash Flow 49 Cash Flow Return on Sales 50 Fixed Charge Coverage 51 Expense Coverage Days 52 Cash Flow Coverage Ratio 54 Cash Receipts to Billed Sales and Progress Payments 55 Cash to Current Assets Ratio 55 Cash Flow to Fixed Asset Requirements 56 Cash Flow Return on Assets 58 Cash to Working Capital Ratio 59 Cash Reinvestment Ratio 60 Cash to Current Liabilities Ratio 61 Cash Flow to Debt Ratio 62 Reinvestment Rate 63 Stock Price to Cash Flow Ratio 64 Dividend Payout Ratio 65 Chapter 5: Liquidity Measurements 67 Accounts Receivable Turnover 68 Average Receivable Collection Period 69 Days Delinquent Sales Outstanding 70 Days Sales in Receivables Index 71 Accounts Receivable Investment 72 Ending Receivable Balance 73 Inventory to Sales Ratio 74 Inventory Turnover 75 Inventory to Working Capital Ratio 77 Liquidity Index 78 Accounts Payable Days 79 Accounts Payable Turnover 80 Current Ratio 81 Quick Ratio 82 Cash Ratio 83 Sales to Current Assets Ratio 84 Working Capital Productivity 85 Days of Working Capital 86 Weighted Working Capital 87 Defensive Interval Ratio 88 Current Liability Ratio 89 Required Current Liabilities to Total Current Liabilities Ratio 90 Working Capital to Debt Ratio 91 Risky Asset Conversion Ratio 92 Noncurrent Assets to Noncurrent Liabilities Ratio 93 Short-Term Debt to Long-Term Debt Ratio 94 Altman’s Z-Score Bankruptcy Prediction Formula 95 Chapter 6: Capital Structure and Solvency Measurements 99 Times Interest Earned 99 Cash Coverage Ratio 100 Debt Coverage Ratio 101 Asset Quality Index 102 Accruals to Assets Ratio 104 Times Preferred Dividend Earned 105 Debt to Equity Ratio 107 Funded Capital Ratio 108 Retained Earnings to Stockholders’ Equity 109 Preferred Stock to Total Stockholders’ Equity 110 Issued Shares to Authorized Shares 111 Chapter 7: Return on Investment Measurements 113 Net Worth 113 Book Value per Share 115 Tangible Book Value 116 Return on Assets Employed 117 Return on Infrastructure Employed 119 Return on Operating Assets 120 Return on Equity Percentage 121 Return on Common Equity 122 Financial Leverage Index 123 Equity Growth Rate 124 Earnings per Share 125 Percentage Change in Earnings per Share 126 Economic Value Added 127 EVA Momentum 129 Relative Value of Growth 130 Dividend Payout Ratio 131 Dividend Yield Ratio 133 Chapter 8: Market Performance Measurements 135 Insider Stock Buy-Sell Ratio 135 Institutional Capture Rate 137 Market Value Added 138 Enterprise Value/Earnings Ratio 139 Stock Options to Common Shares Ratio 140 Cost of Capital 142 Sales to Stock Price Ratio 144 Price/Earnings Ratio 145 Capitalization Rate 146 Chapter 9: Measurements for the Accounting/Finance Department 147 Purchase Discounts Taken to Total Discounts 148 Percentage of Payment Discounts Missed 149 Transactions Processed per Person 150 Transaction Error Rate 151 Average Time to Issue Invoices 152 Average Employee Expense Report Turnaround Time 154 Payroll Transaction Fees per Employee 155 Time to Produce Financial Statements 157 Percentage of Tax Filing Dates Missed 158 Proportion of Products Costed Prior to Release 159 Internal Audit Savings to Cost Percentage 160 Internal Audit Efficiency 161 Deduction Turnover 162 Bad Debt Percentage 163 Percent of Receivables over XX Days Old 164 Allowance Exhaustion Rate 165 Percentage Collected of Dollar Volume Assigned 166 Cash Collected per Aging Bucket 167 Collection Effectiveness Index 168 Best Possible DSO 169 Partial Payment Agreement Percentage 170 Percent of Cash Applied on Day of Receipt 171 Auto Cash Hit Rate 172 Unmatched Receipts Exposure 172 Cost of Credit 173 Earnings Rate on Invested Funds 174 Brokerage Fee Percentage 175 Borrowing Base Usage Percentage 176 Chapter 10: Measurements for the Engineering Department 179 Bill of Materials Accuracy 179 Labor Routing Accuracy 181 Idea Kill Rate 182 Percentage of New Products Introduced 183 Percentage of Sales from New Products 184 Percentage of New Parts Used in New Products 185 Percentage of Existing Parts Reused in New Products 186 Average Number of Distinct Products per Design Platform 187 Percentage of Products Reaching Market before Competition 188 Return on Innovation Investment 189 Intangibility Index 189 Science Linkage Index 190 Ratio of Actual to Target Cost 191 Warranty Claims Percentage 192 Time from Design Inception to Production 193 Percentage of Floor Space Utilization 194 Chapter 11: Measurements for the Human Resources Department 197 Employee Turnover 197 Average Time to Hire 198 Late Personnel Requisitions Ratio 199 Sendouts per Hire 200 Intern Hiring Percentage 201 Ratio of Support Staff to Total Staff 201 Employment Cost Effectiveness 202 Chapter 12: Measurements for the Logistics Department 205 Production Schedule Accuracy 206 Economic Order Quantity 207 Number of Orders to Place in a Period 208 Economic Production Run Size 209 Raw Material Inventory Turns 209 Raw Material Content 210 Finished Goods Inventory Turns 211 Obsolete Inventory Percentage 212 Percentage of Inventory > XX Days Old 213 Percentage of Returnable Inventory 214 Excess Inventory Index 215 Inventory Accuracy 216 Percentage of Certified Suppliers 217 Electronic Data Interchange Supplier Percentage 218 Distribution Turnover 219 Supplier Fill Rate 220 On-Time Parts Delivery Percentage 221 Purchased Component Defect Rate 223 Incoming Components Correct Quantity Percentage 224 Percentage of Actual Payments Varying from Purchase Order Price 225 Percentage of Purchase Orders Issued below Minimum Dollar Level 226 Proportion of Corporate Credit Card Usage 227 Percentage of Receipts Authorized by Purchase Orders 228 Freight Audit Recovery Ratio 230 Picking Accuracy for Assembled Products 231 Order Fill Rate 231 Average Time to Ship 232 On-Time Delivery Percentage 234 Dock-to-dock Time 234 Percentage of Products Damaged in Transit 236 Percentage of Sales through Distributors 237 Chapter 13: Measurements for the Production Department 239 Constraint Productivity 240 Takt Time 240 Constraint Rework Percentage 241 Constraint Schedule Attainment 242 Constraint Utilization 243 Operational Equipment Effectiveness 244 Degree of Unbalance 245 Throughput Effectiveness 246 Manufacturing Critical Path Time 248 Manufacturing Efficiency 249 Break-Even Plant Capacity 250 Manufacturing Effectiveness 251 Productivity Index 252 Unit Output per Direct Labor Hour 253 Average Equipment Setup Time 255 Unscheduled Machine Downtime Percentage 255 Mean Time between Failures 257 Acceptable Product Completion Percentage 258 Work-in-Process Turnover 259 Work-in-Process to Standard Work-in-Process 260 Scrap Percentage 261 First-Time-Through Yield 262 Warranty Claims Percentage 263 Maintenance Expense to Fixed Assets Ratio 264 Indirect Expense Index 265 Reorder Point 266 On-Time Delivery Ratio 268 Chapter 14: Measurements for the Sales and Marketing Department 271 Market Share 271 Customer Turnover 272 Advertising Value Equivalency 273 Net Promoter Score 274 Browse-to-Buy Conversion Ratio 275 Recency 276 Direct Mail Effectiveness Ratio 277 Inbound Telemarketing Retention Ratio 279 Proportion of Completed Sales to Home Page Views 280 Quote to Close Ratio 281 Pull-Through Rate 282 Sales per Salesperson 283 Sales Productivity 284 Sales Effectiveness 285 Sales Trend Percentage by Product Line 286 Product Demand Elasticity 287 Days of Backlog 288 Chapter 15: Measurement Analysis with an Electronic Spreadsheet 291 Financial Statement Proportional Analysis 292 Financial Statement Ratio Analysis 294 Automated Ratio Result Analysis 296 Leverage Analysis 297 Trend Analysis 298 Forecasting 299 Cash Flow Analysis 303 Capital Asset Analysis 305 Compounding Analysis 307 Investment Analysis 309 Risk Analysis 311 Appendix: Measurement Summary 313 Glossary 339 About the Author 345 Index 347
£51.00
John Wiley & Sons Inc The Investment Advisor Body of Knowledge Test
Book SynopsisThe complete body of knowledge for CIMA candidates and professionals The 2015 Certified Investment Management AnalystBody of Knowledge + Test Bankwill help any financial advisor prepare for and pass the CIMA exam, and includes key information and preparation for those preparing to take the test. CIMA professionals integrate a complex body of investment knowledge, ethically contributing to prudent investment decisions by providing objective advice and guidance to individual and institutional investors. The CIMA certification program is the only credential designed specifically for financial professionals who want to attain a level of competency as an advanced investment consultant. Having the CIMA designation has led to more satisfied careers, better compensation, and management of more assets for higher-net-worth clients than other advisors. The book is laid out based on the six domains covered on the exam: I. Governance<Table of ContentsAcknowledgments vii Introduction xi Chapter 1 IMCA Code of Professional Responsibility and Standards of Practice 1 Chapter 2 Regulatory Considerations 37 Chapter 3 Statistics and Methods 47 Chapter 4 Applied Finance and Economics 105 Chapter 5 Global Capital Markets: History and Valuation 235 Chapter 6 Attributes of Risk 307 Chapter 7 Risk Measurements 321 Chapter 8 Performance Measurement and Attribution 333 Chapter 9 Traditional Global Investments: Equity and Fixed Income 393 Chapter 10 Fixed-Income Vehicles 471 Chapter 11 Foreign Exchange Market 547 Chapter 12 Alternative Investments 569 Chapter 13 Options, Futures, and Other Derivatives 651 Chapter 14 Tools and Strategies Based on Technical Analysis 703 Chapter 15 Portfolio Theories and Models 759 Chapter 16 Behavioral Finance Theory 815 Chapter 17 Client Discovery 899 Chapter 18 Investment Policy Statement (IPS) 997 Chapter 19 Portfolio Risk Management Strategies 1017 Chapter 20 Manager Search, Selection, and Monitoring 1049 Chapter 21 Perform Portfolio Review and Revisions Process 1083 IMCA 1103 About the Author 1105 Index 1107
£109.25
John Wiley & Sons Inc Internal Control Audit and Compliance
Book SynopsisEase the transition to the new COSO framework with practical strategy Internal Control Audit and Compliance provides complete guidance toward the latest framework established by the Committee of Sponsoring Organizations (COSO). With clear explanations and expert advice on implementation, this helpful guide shows auditors and accounting managers how to document and test internal controls over financial reporting with detailed sections covering each element of the framework. Each section highlights the latest changes and new points of emphasis, with explicit definitions of internal controls and how they should be assessed and tested. Coverage includes easing the transition from older guidelines, with step-by-step instructions for implementing the new changes. The new framework identifies seventeen new principles, each of which are explained in detail to help readers understand the new and emerging best practices for efficiency and effectiveness. The revised COSO Table of ContentsPreface xi Acknowledgments xv Chapter 1: What We All Share 1 Need for Control Criteria 1 Overview of the COSO Internal Control Integrated Framework 2 Holistic, Integrated View 3 Revised COSO Internal Controls Framework 6 What We Must Do 8 Basic Scoping and Strategies for Maintenance 11 Where We Depart 12 Triangle of Efficiency 13 Controls versus Processes 14 The Debate Continues 18 Organization of This Book 18 Appendix 1A: COSO 17 Principles 20 Chapter 2: Setting the Scope of Your Documentation Project: Identifying the Core 21 Start with Business Objectives 21 After the Initial Year 24 Mapping the Entity to the Financial Statements: Ins and Outs 25 Consider Risks, Not Just Quantitative Measures 27 Inherent and Control Risk 28 Overstatement and Understatement 28 Does “In Scope” Imply Extensive Testing? 37 A Consolation 39 Be Careful Out There! 40 Appendix 2A: Summary of Scoping Inquiries 42 Chapter 3: The Risk Assessment Component 45 Risk Assessment Principles in COSO 46 Cost Control 46 Basics 47 Likelihood, Magnitude, Velocity, and Persistence 48 Separate Assessments of Inherent and Control Risks 50 Role of Assertions 51 Assertions 52 Principles 6 and 7: Specify Suitable Objectives; Identify and Analyze Risk 56 Identifying Risks 59 External Sources of Risk Information 60 Internal and External Reporting Risks 61 Compliance Risks 61 Disclosed Material Weaknesses in Risk Assessment 62 Principle 8: Assess Fraud Risk 62 Auditor Responsibility to Detect Fraud 65 Antifraud Controls for Management to Consider 66 Ties to Other Principles and Components 66 Principle 9: Identify and Assess Significant Change 66 Gathering Information to Support the Risk Assessment and Consider Change 68 Appendix 3A: SAS No. 99 Exhibit: Management Antifraud Programs and Controls 72 Attachment 1: AICPA “CPA’s Handbook of Fraud and Commercial Crime Prevention” Code of Conduct 87 Attachment 2: Financial Executives International Code of Ethics Statement 91 Appendix 3B: Understanding Fraud Risk Assessment 93 Chapter 4: Control Environment 99 Principle 1: Commitment to Integrity and Ethical Values 100 Principle 2: Board of Directors (Governance) Demonstrates Independence from Management and Exercises Oversight of the Development and Performance of Internal Control 104 Principle 3: Management Establishes, with Board Oversight, Structures, Reporting Lines, and Appropriate Authorities and Responsibilities in the Pursuit of Objectives 109 Principle 4: Commitment to Attract, Develop, and Retain Competent Individuals in Alignment with Objectives 110 Principle 5: The Organization Holds Individuals Accountable for Their Internal Control Responsibilities in the Pursuit of Objectives 113 Appendix 4A: Understanding and Awareness of Control Responsibilities 117 Chapter 5: Control Activities 120 Principle 10: Selects and Develops Control Activities to Mitigate Risk and Achieve Objectives 120 Principle 11: Selects and Develops General Controls over Technology 132 Principle 12: Deploys through Policies and Procedures 141 Summing Up 143 Appendix 5A: Linking Common Control Activities and Assertions 146 Appendix 5B: Linkage of Principles to Controls, Policies, and Procedures 158 Chapter 6: Information and Communication 165 Principle 13: Generates Relevant Information 166 Principle 14: Communicates Internally 168 Principle 15: Communicates Externally 170 Chapter 7: Monitoring 173 Principle 16: Select, Develop, and Perform Ongoing and/or Separate Evaluations 174 Principle 17: Evaluate and Communicate Deficiencies as Appropriate 176 Chapter 8: Evidence and Testing 179 Sufficient Evidence 179 Gathering Information 187 Testing and Sampling 194 Nonsampling Situations 202 Confusion of Sample Size Guidance in Practice Today 203 Information Technology General Controls 204 Testing Security and Access 205 Appendix 8A: Sample Size Tutorial 211 Chapter 9: Developing Questionnaires and Conducting Interviews 217 Surveys of Employees 219 Conducting Interviews 224 Management Inquiries: Sample Questions 234 Appendix 9A: Sample Practice Aids 239 Chapter 10: Assessing the Severity of Identified Controls Deficiencies 248 It’s Inevitable 248 Alignment of Public and Private Company Standards for Assessing Deficiency Severity 251 Control Deficiencies and Definitions 252 Key Factors When Assessing the Severity of a Deficiency 263 Conditions Indicating Control Deficiencies 270 Examples of Evaluating the Severity of Deficiencies 277 Overall Assessment 281 Appendix 10A: A Framework for Evaluating Control Exceptions and Deficiencies 283 Appendix 10B: Assessing the Potential Magnitude of a Control Deficiency 299 Chapter 11: Reporting Requirements 302 Nonpublic Entity Reporting 302 Public Company Annual and Quarterly Reporting Requirements 304 Reporting on Management’s Responsibilities for Internal Control 309 Required Company and Auditor Communications 312 Reporting the Remediation of Weaknesses 314 Coordinating with the Independent Auditors and Legal Counsel 315 Appendix 11A: Illustrative AICPA Report on Internal Controls 316 Chapter 12: Project Management and Tools Assessment Design 318 Project Management 318 Structuring the Project Team 319 Tools Assessment Design 325 Features of a Good Tools Solution 326 Value of a Pilot Project 331 Coordinating with the Independent Auditors 334 Chapter 13: Illustrative Forms and Templates 337 Historical Perspective 338 2013 Framework Examples 340 Appendix 13A: Information-Gathering Form—Principle Focused 348 Appendix 13B: Information Gathering Form—Revenue 350 Appendix 13C: Walk-through Documentation Form 353 Appendix 13D: Information Technology General Controls Assessment Form 355 Appendix 13E: Documentation of Financial Reporting Software and Spreadsheets 364 Appendix 13F: Sampling Form for Tests of Controls 368 Appendix 13G: Summary of Internal Control Deficiencies 371 Appendix 13H: Control Environment Component Evaluation Summary 372 Chapter 14: Summing Up 373 About the Author 375 Index 377
£75.60
John Wiley & Sons Inc Streetsmart Financial Basics for Nonprofit
Book SynopsisThe complete guide to the basics of nonprofit financial management Let''s be honest. Most books about financial management are densely written, heavy on jargon, and light on practicality. Expert financial consultant and author Tom McLaughlin takes a different approach with his fourth edition of Streetsmart Financial Basics for Nonprofit Managers. This comprehensive guide provides effective, easy-to-use tips, tools, resources, and analyses. The light, humorous tone in Streetsmart Financial Basics for Nonprofit Managers makes it an accessible resource for nonprofit executives, board members, students, and those new to the field. This book forgoes useless, pretentious verbiage in order to outline real-world strategies that work. This edition includes: New insights, updates, vignettes, case studies, and examples to deal with the implications of nonprofit financial management An examination of nonprofit business models in relation to growing demaTable of ContentsPreface xiii Acknowledgments xvii Note to Reader xix PART ONE Analysis 1 CHAPTER 1 Structure of Nonprofit Organizations 3 Corporations 3 Programs 6 Hybrid Corporations 8 Loss of Tax-Exempt Status: The Monster Within 14 CHAPTER 2 Mission: Managing Your Two Bottom Lines 17 The Role of a Value System 18 The Nonprofit’s Dilemma and How to Solve It 20 CHAPTER 3 Accounting as a Second Language: A Nine-Point Program 23 The Entity Principle 23 Money Measurement 24 Conservatism Principle 24 The Cost Concept 26 The Materiality Principle 27 Going Concern 29 Dual Aspect 30 Realization Principle 32 Matching Principle 33 CHAPTER 4 Assets Are for Boards, Activities Are for Managers 35 Concepts Versus Details 36 Boards Invest, Managers Spend 37 If It Has to Be Decided Today, It’s Probably the Wrong Question 38 Boards Own the Controls, Managers Implement Them 38 CHAPTER 5 Balance Sheets: How They Get That Way 39 Current Assets (from IRS Form 990, page 11) 40 Noncurrent Assets 43 Current Liabilities 45 Noncurrent Liabilities 45 Making the Balance Sheet Dance 49 Transparency, Thy Name Is IRS Form 990 52 What to Do 53 CHAPTER 6 Financial Analysis: A Few Analytical Tools 67 Financial Statement Analysis for Math Phobics 68 Current Ratio 75 Days’ Cash 77 Days’ Receivables 79 Cash Flow to Total Debt 81 Debt to Net Assets 82 Operating Margin 85 Accounting Age of Plant/Equipment (or Land, Buildings, and Equipment) 86 A Footnote 87 CHAPTER 7 Beyond the C3: Alternate Corporate Structures 89 Commonly Available Structures 92 PART TWO Accounting 95 CHAPTER 8 Nonprofit Accounting: Acknowledging the Strings Attached 97 Net Asset Categories 98 Other Provisions 99 What It All Means 99 CHAPTER 9 Cost Accounting: How Much Does It Cost? 103 A Form of Management Accounting 104 Indirect Costs 106 Certain Support Costs Get Assigned to Other Support Costs 106 Breakeven Analysis—Another Use for Cost Data 110 Cost Accounting versus Cost Reporting 113 CHAPTER 10 Auditing: Choosing and Using an Auditor 115 Audit, Review, and Compilation 117 The Auditor Market 119 Getting Value from the Audit 122 Conclusion 124 PART THREE Operations 125 CHAPTER 11 Cash Is King 127 Up the Balance Sheet 128 How Much Cash Is Enough? 141 Conclusion 145 CHAPTER 12 Capital: Not a Four-Letter Word 147 Sources of Capital 148 The Mechanics of Capital Financing 150 The Present Value of Money 156 The Great Divide among Nonprofits 157 Future Access to Capital Markets 159 The Role of Net Assets 161 Strategic Capital Management 161 CHAPTER 13 Budgeting: Taming the Budget Beast 163 Playing Revenues Like a Symphony 165 Expenses 166 Conclusion 176 CHAPTER 14 Indirect Costs and Other Despised Items 177 Rules Govern Audits, Economics Rules Budgets 179 Still, It’s Low That Counts 182 Secrets of the Indirect Cost Game 185 CHAPTER 15 Managing Money-Losing Programs 191 The Origin of the Problem 192 Solutions 192 Other Sources of Value 192 Ding Ding Ding Ding Ding! 194 CHAPTER 16 The Milestones of Spending on Overhead Costs 199 CHAPTER 17 Pricing: How Much Should It Cost? 205 Pricing Methodologies 208 Going the Other Way—Contractual Adjustments and Subsidies 212 Pricing Strategies 213 How to Price 214 CHAPTER 18 Profit: Why and How Much? 217 Profit Defined 217 Uses of Profit 218 Profit—How to Get It 226 What Can Be Done 228 CHAPTER 19 To Raise More Money, Think Cows 229 Donations 230 Bequests—Cow to Charity 230 Charitable Remainder Trusts—Milk to Beneficiaries, Cow to Charity 230 Pooled Income Funds—Donors Put Their Cows in a Herd, Keep Rights to Milk 233 CHAPTER 20 Owning a Building: What’s in It for You? 235 A Three-Part Calculation 236 CHAPTER 21 Insurance: The Maddeningly Complicated Art of Covering Your Assets 239 To Insure or Self-Insure? 241 Risk Management 242 Captive Insurance Companies 245 Quality Assurance in Disguise 246 CHAPTER 22 Internal Controls for External Goals 249 The Elements of Internal Control 251 How to Monitor the System 264 Maintaining the System 266 Conclusion 268 CHAPTER 23 Scrutiny Intensifies 269 Some Predictions 272 The Growing Industry of Charity Watching 274 CHAPTER 24 Management Controls: Toward Accountability for Performance 279 Management Controls circa 1980 280 Beyond Management Controls in the Twenty-First Century: How to Do It 281 Messages 281 How to Prepare—Changes in the CFO Role 283 It’s Called Accounting for a Reason 286 Appreciate the Abrupt Change 287 Frame the New Role 288 Meet Your New CFO 288 PART FOUR Planning, Control, and Miscellaneous 289 CHAPTER 25 Finance Is Oil, Development Is Water 291 It’s All about Time 291 The Fix 293 CHAPTER 26 When Do You CFO? 295 DIY 296 The Financial Tasks Multiply 296 CHAPTER 27 Business Models and Business Plans 301 First the Model, Then the Plan 302 How to Build Your Business Model 304 What, Exactly, Is a Business Plan? 305 What Is in a Business Plan (Usually…)? 306 Start-Up Nonprofits 306 The Restructuring Nonprofit 307 New Program or Division 308 Goals Drive the Plan 309 CHAPTER 28 How to Beat the Next Recession 311 Understand the Demand Pattern for Your Services 312 Prepare for Reductions—in New Services 312 Anticipate Foundation Behavior 313 Proactively Communicate with Your Staff 314 Consider Repurposing Your Reserves 315 Stay Calm 315 Appendix A A Financial Management Cultural Primer 317 Appendix B Budget Bloopers 323 Appendix C Using the Website: Table of Contents with Commentary 327 Index 333
£37.80
John Wiley & Sons Inc Financial Risk Management
Book SynopsisA global banking risk management guide geared toward the practitioner Financial Risk Management presents an in-depth look at banking risk on a global scale, including comprehensive examination of the U.S. Comprehensive Capital Analysis and Review, and the European Banking Authority stress tests. Written by the leaders of global banking risk products and management at SAS, this book provides the most up-to-date information and expert insight into real risk management. The discussion begins with an overview of methods for computing and managing a variety of risk, then moves into a review of the economic foundation of modern risk management and the growing importance of model risk management. Market risk, portfolio credit risk, counterparty credit risk, liquidity risk, profitability analysis, stress testing, and others are dissected and examined, arming you with the strategies you need to construct a robust risk management system. The book takes readers through a journey Table of ContentsPreface xi Acknowledgments xvii CHAPTER 1 Introduction 1 Banks and Risk Management 1 Evolution of Bank Capital Regulation 4 Creating Value from Risk Management 9 Financial Risk Systems 10 Risk Analytics 11 Risk Infrastructure 13 Risk Technology 15 Model Risk Management 17 PART ONE Market Risk CHAPTER 2 Market Risk with the Normal Distribution 23 Linear Portfolios 24 Basic Model 24 Risk Measures 28 Risk Contributions 31 Estimating the Covariance Matrix of Risk Factors 39 Distribution of Risk Measures 40 Probabilistic Stress Testing 41 Quadratic Portfolios 43 Quadratic Portfolio Representation 44 Quadratic Portfolio Distribution 50 Calculation of Risk Measures for the Quadratic Portfolio 51 Simulation-Based Valuation 53 Example of Barrier Stock Options and Position Nonlinearity 54 Simulation from the Multivariate Normal Distribution 56 Risk Factor Dimension Reduction 60 Incorporating Model Estimation Error in the Simulation Scheme 65 Variance Reduction by Importance Sampling 66 Reducing Pricing Time 69 CHAPTER 3 Advanced Market Risk Analysis 75 Risk Measures, Risk Contributions, and Risk Information 75 VaR Interval Estimation 76 Coherent Measures of Risk 79 Simulation-Based Risk Contributions 80 Risk Information Measures 88 Risk Distortion Measures 93 Modeling the Stylized Facts of Financial Time Series 97 Univariate Time Series 97 Multivariate Time Series 110 Model Validation and Backtesting 122 A Multivariate Model of Risk Factor Returns 127 Time Scaling VaR and VaR with Trading 134 Time Aggregation of VaR with Constant Portfolios 134 Time Aggregation of VaR with Trading 135 Market Liquidity Risk 136 Closeout Time with No Liquidity Cost 137 A Note on General Market Illiquidity Models 140 Scenario Analysis and Stress Testing 142 Portfolio Sensitivity Analysis 143 Systematic Portfolio Stress Tests 143 Hypothetical Scenario from Reverse Stress Testing 147 Integration of Stress and Model Analysis 154 Portfolio Optimization 155 Portfolio Mean Risk Optimization 156 Cash Flow Replication 161 Developments in the Market Risk Internal Models Capital Regulation 165 PART TWO Credit Risk CHAPTER 4 Portfolio Credit Risk 171 Issuer Credit Risk in Wholesale Exposures and Trading Book 174 Market Pricing of Corporate Bonds 174 Merton’s Structural Model for Corporate Bond Pricing 178 The Multivariate Merton Model 185 Applied Portfolio Migration and Default Risk Models 187 Economic Capital for a Portfolio of Traded Bonds 230 Credit Models for the Banking Book 235 The Binomial Loss Model 236 Credit Transition Score Models 242 Simulation of State Transitions and Markov Iteration 254 Mortgage Portfolio Risk Analysis: An Illustration 258 Point in Time and Through the Cycle Models—with Applications to Regulatory Stress Testing 277 An Economic Capital Model for Loan Portfolios 285 The Poisson Mixture Model and CreditRisk+ 289 Firmwide Portfolio Credit Risk and Credit Risk Dependence 296 Joint Codependency with Different Models 297 Indirect and Direct Codependency in Credit Risk Models 298 Credit Risk Stress Testing 299 Stress Testing with Multifactor Model 301 Stress Testing with Macroeconomic Credit Score Model 303 Features of New Generation Portfolio Credit Risk Models 309 Multi-Horizon Models for Banking Book 309 Modeling the Recovery Process for Banking Book Portfolios 310 Earnings and Loss Rather than Just Loss 311 Loan-Level Models 314 Granularity of Credit Factors 314 Hedging Credit Risk 315 Single-Name Credit Default Swaps 315 Credit Default Swaps on Portfolio Indices 320 Basket Credit Default Swaps 321 Regulatory Capital for Credit Risk 324 Regulatory Risk Components 326 Risk Mitigation and Regulatory Capital 327 Appendix 328 CHAPTER 5 Counterparty Credit Risk 333 Counterparty Pricing and Exposure 335 Market Standard Pricing Metrics 335 Assessment of Counterparty Default Probability 343 Exposure Simulation Framework for CVA 346 Market Correlations, Wrong-Way Risk, and Counterparty Pricing 360 Collateralized Exposures 364 CVA Risks 382 Portfolios of Derivatives 384 Netting 384 Marginal and Incremental Portfolio Trades 386 Recent Counterparty Credit Risk Developments 392 OIS Discounting for Derivatives 392 Advanced CVA Calculations and CVA Greeks 393 Funding Value Adjustments 394 Counterparty Credit Risk Regulation 395 Basel Counterparty Default Risk Charges 395 Enhanced Requirements on Counterparty Default Risk Charges 396 New Basel III Capital Requirements for Counterparty Credit Risk 397 Mitigating Regulatory Costs 399 PART THREE Asset and Liability Management CHAPTER 6 Liquidity Risk Management with Cash Flow Models 403 Measurement of Liquidity Risk 407 Liquidity Exposure with General Liquidity Hedging Capacity 408 Liquidity Exposure with Cash Hedging Capacity 411 Components of the Liquidity Measure 412 Liquidity Exposure 414 Balance Sheet Cash Flows and Facilities 417 Off–Balance-Sheet Derivative Flows 427 Combining the Risk and Finance View 428 Hedging the Liquidity Exposure 428 Ranking-Based Liquidity Hedging Strategy 432 Optimal Liquidity Hedging Strategy 433 Structural Liquidity Planning 441 Mitigating Balance Sheet Vulnerability with Contractual Cash Flows 442 Choosing the Optimal Liquidity Hedging Portfolio 445 Components of the Liquidity Hedging Program 449 Cash Liquidity Risk and Liquidity Risk Measures 450 Cash Liquidity at Risk 450 Portfolio Cash Liquidity Exposure 451 Allocating Cash Liquidity Risk 453 Regulation for Liquidity Risk 455 Liquidity Coverage Ratio 455 Net Stable Funding Ratio 458 Regulatory Liquidity Monitoring Tools 459 CHAPTER 7 Funds Transfer Pricing and Profitability of Cash Flows 463 Basic Funds Transfer Pricing Concept 465 Example of FTP for a Mortgage and a Loan 466 Risk-Based Funds Transfer Pricing 468 Credit Risk and Capital 468 Embedded Optionality 470 Liquidity Risk 477 Funds Transfer Rate and Risk Adjusted Returns 481 Example of Mortgage Risk Adjusted Returns 481 Profitability Measures and Decompositions 482 Balance Sheet Breakdown with Funds Transfer Instruments 482 Application to Net Interest Income and Economic Value View 483 Banking Book Fair Value with Funds Transfer Rates 486 Example of Fair Values with FTP 486 A Note on the Scope of Funds Transfer Pricing 486 Regulation and Profitability Analysis 487 PART FOUR Firmwide Risk CHAPTER 8 Firmwide Risk Aggregation 493 Correlated Aggregation and Firmwide Risk Levels 494 Linear Risk Aggregation 495 Copula Aggregation 497 Example of Copula Aggregation 497 Mixed Copula Aggregation 498 Example of Mixed Copula Aggregation 499 Capital Allocation in Risk Aggregation 501 Example of Mixed Copula Capital Allocation 502 Measuring Concentration and Diversification 503 Risk Aggregation and Regulation 503 CHAPTER 9 Firmwide Scenario Analysis and Stress Testing 507 Firmwide Scenario Model Approaches 509 Silo Approach 509 Firmwide Risk Model Approach 510 Multiple Model Approaches 512 Firmwide Risk Capital Measures 512 Risk Measures and Stress Scenarios 512 A Risk Reserve Approach—A Practical Illustration 514 Regulatory Stress Scenario Approach 516 Bank-Specific Approach: A Total Balance Sheet View 517 Bank-Specific Approach: More on Scenarios and Models 520 Systemic View: Financial System Analysis and Financial Contagion 523 The Future of Firmwide Stress Testing 524 References 527 Index 543
£71.25
John Wiley & Sons Inc Bookkeeping For Dummies
Book SynopsisBritain''s number-one guide to mastering the art and science of bookkeeping Accurate bookkeeping is crucial to the success of every businessbut few people relish in this highly detailed task. Luckily, this new edition of Bookkeeping For Dummies simplifies every aspect of financial record keeping, walking you through the basic skills you need to make numbers your minion. From tracking transactions and keeping ledgers to producing balance sheets and year-end reports, this straight-talking guide takes the intimidation out of bookkeeping and shows you how to make it your best friend in business. Fully updated to include the latest coverage of accounting practices and bookkeeping software, this new edition of Bookkeeping For Dummies features tons of practical exercises to get you up and running with what you need to keep your books balanced, your finances in order and the tax inspector off your back. Find updated bookkeeping templates and resources availaTable of ContentsIntroduction 1 Part I: Basic Bookkeeping: Why You Need It 5 Chapter 1: So You Want to Do the Books 7 Chapter 2: Getting Down to Bookkeeping Basics 19 Chapter 3: Outlining Your Financial Roadmap with a Chart of Accounts 39 Chapter 4: Looking at Ledgers 57 Chapter 5: Discovering Different Business Types 83 Part II: Recording Day‐to‐Day Business Operations 93 Chapter 6: Planning and Controlling Your Workload 95 Chapter 7: Counting Your Sales 107 Chapter 8: Buying and Tracking Your Purchases 135 Chapter 9: Doing Your Banking 149 Part III: Preparing the Books for Year‐ (or Month‐) End 163 Chapter 10: Adjusting Your Books 165 Chapter 11: Depreciating Your Assets 183 Chapter 12: Adding the Cost of Value Added Tax (VAT) 197 Part IV: Reporting Results and Starting Over 211 Chapter 13: Producing a Profit and Loss Statement 213 Chapter 14: Developing a Balance Sheet 231 Chapter 15: Reporting for Not‐For‐Profit Organisations 249 Chapter 16: Preparing Your Year‐End Accounts 265 Part V: Payroll Preparation and Online Accounts Tools 271 Chapter 17: Employee Payroll and Benefits 273 Chapter 18: Cloud Accounting: The Modern Approach to Bookkeeping 293 Part VI: The Part of Tens 305 Chapter 19: Top Ten Ways to Manage Your Business Cash with Your Books 307 Chapter 20: Top Ten Most Important Accounts for Any Bookkeeper 311 Appendix: Glossary 315 Index 321
£19.99
