Accounting : An Introductory Framework
This book is a compilation of materials from the second edition of ‘Accounting : an introductory framework’ by Stanley, Ryan, Falt and Kirkwood, catering to students taking financial accounting and business accounting in Temasek Business School, Temasek Polytechnic
This international best-seller provides a clear and accessible introduction to cost and management accounting. Colin Drury’s renowned authoring expertise blends theory and practice and the text encompasses all the basic topics needed on an introductory course. Now in its seventh edition, Cost and Management Accounting has been carefully updated to ensure it precisely fits the latest course and examination requirements.
Financial Accounting and Reporting A Global Perspective with CourseMate and eBook Access card 4th Edition
Now in its fourth edition, this respected and widely used book provides an essential introduction to financial accounting and reporting for business and management students around the world. Written very much from the ‘user’ rather than the ‘preparer’ accounting perspective, the book provides clear and comprehensive guidance on all the complex concepts and issues in accounting and reporting, together with explanation of the more technical aspects of accounting transactions. The book has a strong international perspective (being based on IFRS/IAS) and uses lots of real-life worldwide company financial statements and examples, to enable students to see how issues appear in practice.
“Global Financial Accounting and Reporting 3e” provides a complete companion to financial accounting that takes management students with no previous knowledge of accounting from the mechanics of how financial records are structured through to being able to understand and analyze published consolidated financial statements. The aim is to place financial reporting in its business context and to make it clear to aspiring managers how accounting is an integral part of understanding an enterprise. To this end this book considers how the conceptual foundations of accounting translate into the financial statements of businesses. The book is global in its approach. It uses International Financial Reporting Standards as its basis and so reflects the rules followed by nearly all European listed companies and by an ever-increasing number of firms worldwide. “Global Financial Accounting and Reporting” is primarily aimed at future users of accounting information such as managers and analysts. It is therefore ideal for use at MBA level. It can also be used on financial accounting modules for business students at the undergraduate level.
The final word on passive vs. active investing
The debate on active investing-stock picking and market timing-versus passive investing-markets are highly efficient and almost impossible to outperform-has raged for decades. Which side is right? In The Quest for Alpha: The Holy Grail of Investing, author Larry E. Swedroe puts an end to the debate, proving once and for all that active investing is likely to prove futile as the associated expenses-costs, fees, and time spent analyzing individual stocks and the overall market-are likely to exceed any benefits gained. The book
- Presents research, data, and quotations that reveal it’s extremely difficult to outperform the market
- Explains why investors should focus on asset allocation, fund construction, costs, tax efficiency, and the building of a globally diversified portfolio that minimizes, if not eliminates, the taking of idiosyncratic, uncompensated risks
- Other titles by Swedroe: The Only Guide to Alternative Investments You’ll Ever Need and The Only Guide You’ll Ever Need for the Right Financial Plan
Investors are on a never-ending search for a money manager who will deliver returns above the appropriate risk-adjusted benchmark, aka the “Holy Grail of Investing.” The Quest for Alpha demonstrates that it’s a loser’s game-while it’s possible to win, it’s so unlikely that you shouldn’t try.