Author: Richard P. Brief
Publisher: Routledge
ISBN: 113560942X
Category : Business & Economics
Languages : en
Pages : 324
Book Description
First published in 1996. The relationship between the present discounted value of future cash flows and discounted excess earnings should be viewed as a mathematical property of a double-entry book[1]keeping system based on clean surplus. The purpose of this anthology is to facilitate future research by highlighting these historical developments and by showing how more recent theoretical and empirical research fits into the earlier history. The book is divided into four sections: historical overview; analytical properties of clean surplus; the theory of the clean surplus equation; and empirical implications.
Clean Surplus
Author: Richard P. Brief
Publisher: Routledge
ISBN: 113560942X
Category : Business & Economics
Languages : en
Pages : 324
Book Description
First published in 1996. The relationship between the present discounted value of future cash flows and discounted excess earnings should be viewed as a mathematical property of a double-entry book[1]keeping system based on clean surplus. The purpose of this anthology is to facilitate future research by highlighting these historical developments and by showing how more recent theoretical and empirical research fits into the earlier history. The book is divided into four sections: historical overview; analytical properties of clean surplus; the theory of the clean surplus equation; and empirical implications.
Publisher: Routledge
ISBN: 113560942X
Category : Business & Economics
Languages : en
Pages : 324
Book Description
First published in 1996. The relationship between the present discounted value of future cash flows and discounted excess earnings should be viewed as a mathematical property of a double-entry book[1]keeping system based on clean surplus. The purpose of this anthology is to facilitate future research by highlighting these historical developments and by showing how more recent theoretical and empirical research fits into the earlier history. The book is divided into four sections: historical overview; analytical properties of clean surplus; the theory of the clean surplus equation; and empirical implications.
Financial Accounting
Author: George O. May
Publisher: Read Books Ltd
ISBN: 1473386594
Category : Business & Economics
Languages : en
Pages : 277
Book Description
Financial accounting is now generally recognized as being primarily historical in character and as having for its most important function the extraction and presentation of the essence of the financial experience of businesses, so that decisions affecting the present and the future may be taken in the light of the past. The rules of accounting, even more than those of law, are the product of experience rather than of logic. Similarly, this book is an attempt to extract and present the essence of an experience in financial accounting in the hope that it may be helpful to those called upon to deal with the problems of the future. It is not the result of a study and appraisal of authorities, and the views that are expressed are those of its author alone—indeed, publication has been delayed until formal ties and official positions which might have been deemed to imply more than a personal responsibility for them have been relinquished. In part, it is based on lectures delivered at the Graduate School of Business Administration of Harvard University and papers written for other purposes since 1936. A few passages have been reproduced from the volume which those who were then partners, with generous insight, prepared in that year to mark the twenty-fifth anniversary of the author’s assumption of senior partnership. The writing of such a book seemed to be justified by the fact that the experience on which it is based extended over a period of exceptional interest and was enriched by close association with men of eminence here and abroad, not only in accounting but in government, business, finance, law, and economics. The obligation owed to those who have contributed to that experience is great, but can be expressed to them here only collectively. Grateful recognition must, however, be given to the guidance, friendship, and inspiration of Arthur Lowes Dickinson, who by his abilities, his writings, and above all, by his example, earned an outstanding place among the independent accountants of America, to whom this book is gratefully dedicated.
Publisher: Read Books Ltd
ISBN: 1473386594
Category : Business & Economics
Languages : en
Pages : 277
Book Description
Financial accounting is now generally recognized as being primarily historical in character and as having for its most important function the extraction and presentation of the essence of the financial experience of businesses, so that decisions affecting the present and the future may be taken in the light of the past. The rules of accounting, even more than those of law, are the product of experience rather than of logic. Similarly, this book is an attempt to extract and present the essence of an experience in financial accounting in the hope that it may be helpful to those called upon to deal with the problems of the future. It is not the result of a study and appraisal of authorities, and the views that are expressed are those of its author alone—indeed, publication has been delayed until formal ties and official positions which might have been deemed to imply more than a personal responsibility for them have been relinquished. In part, it is based on lectures delivered at the Graduate School of Business Administration of Harvard University and papers written for other purposes since 1936. A few passages have been reproduced from the volume which those who were then partners, with generous insight, prepared in that year to mark the twenty-fifth anniversary of the author’s assumption of senior partnership. The writing of such a book seemed to be justified by the fact that the experience on which it is based extended over a period of exceptional interest and was enriched by close association with men of eminence here and abroad, not only in accounting but in government, business, finance, law, and economics. The obligation owed to those who have contributed to that experience is great, but can be expressed to them here only collectively. Grateful recognition must, however, be given to the guidance, friendship, and inspiration of Arthur Lowes Dickinson, who by his abilities, his writings, and above all, by his example, earned an outstanding place among the independent accountants of America, to whom this book is gratefully dedicated.
Accounting for Value
Author: Stephen Penman
Publisher: Columbia University Press
ISBN: 0231521855
Category : Business & Economics
Languages : en
Pages : 265
Book Description
Accounting for Value teaches investors and analysts how to handle accounting in evaluating equity investments. The book's novel approach shows that valuation and accounting are much the same: valuation is actually a matter of accounting for value. Laying aside many of the tools of modern finance the cost-of-capital, the CAPM, and discounted cash flow analysis Stephen Penman returns to the common-sense principles that have long guided fundamental investing: price is what you pay but value is what you get; the risk in investing is the risk of paying too much; anchor on what you know rather than speculation; and beware of paying too much for speculative growth. Penman puts these ideas in touch with the quantification supplied by accounting, producing practical tools for the intelligent investor. Accounting for value provides protection from paying too much for a stock and clues the investor in to the likely return from buying growth. Strikingly, the analysis finesses the need to calculate a "cost-of-capital," which often frustrates the application of modern valuation techniques. Accounting for value recasts "value" versus "growth" investing and explains such curiosities as why earnings-to-price and book-to-price ratios predict stock returns. By the end of the book, Penman has the intelligent investor thinking like an intelligent accountant, better equipped to handle the bubbles and crashes of our time. For accounting regulators, Penman also prescribes a formula for intelligent accounting reform, engaging with such controversial issues as fair value accounting.
Publisher: Columbia University Press
ISBN: 0231521855
Category : Business & Economics
Languages : en
Pages : 265
Book Description
Accounting for Value teaches investors and analysts how to handle accounting in evaluating equity investments. The book's novel approach shows that valuation and accounting are much the same: valuation is actually a matter of accounting for value. Laying aside many of the tools of modern finance the cost-of-capital, the CAPM, and discounted cash flow analysis Stephen Penman returns to the common-sense principles that have long guided fundamental investing: price is what you pay but value is what you get; the risk in investing is the risk of paying too much; anchor on what you know rather than speculation; and beware of paying too much for speculative growth. Penman puts these ideas in touch with the quantification supplied by accounting, producing practical tools for the intelligent investor. Accounting for value provides protection from paying too much for a stock and clues the investor in to the likely return from buying growth. Strikingly, the analysis finesses the need to calculate a "cost-of-capital," which often frustrates the application of modern valuation techniques. Accounting for value recasts "value" versus "growth" investing and explains such curiosities as why earnings-to-price and book-to-price ratios predict stock returns. By the end of the book, Penman has the intelligent investor thinking like an intelligent accountant, better equipped to handle the bubbles and crashes of our time. For accounting regulators, Penman also prescribes a formula for intelligent accounting reform, engaging with such controversial issues as fair value accounting.
Open Marriage
Author: Nena O'Neill
Publisher: Rowman & Littlefield
ISBN: 087131438X
Category : Companionate marriage
Languages : en
Pages : 301
Book Description
The classic that revolutionized the way Americans see marriage. Sold more than 35 million copies and translated into 14 languages.
Publisher: Rowman & Littlefield
ISBN: 087131438X
Category : Companionate marriage
Languages : en
Pages : 301
Book Description
The classic that revolutionized the way Americans see marriage. Sold more than 35 million copies and translated into 14 languages.
All Boys Aren't Blue
Author: George M. Johnson
Publisher: Farrar, Straus and Giroux (BYR)
ISBN: 0374312729
Category : Young Adult Nonfiction
Languages : en
Pages : 191
Book Description
In a series of personal essays, prominent journalist and LGBTQIA+ activist George M. Johnson's All Boys Aren't Blue explores their childhood, adolescence, and college years in New Jersey and Virginia. A New York Times Bestseller! Good Morning America, NBC Nightly News, Today Show, and MSNBC feature stories From the memories of getting his teeth kicked out by bullies at age five, to flea marketing with his loving grandmother, to his first sexual relationships, this young-adult memoir weaves together the trials and triumphs faced by Black queer boys. Both a primer for teens eager to be allies as well as a reassuring testimony for young queer men of color, All Boys Aren't Blue covers topics such as gender identity, toxic masculinity, brotherhood, family, structural marginalization, consent, and Black joy. Johnson's emotionally frank style of writing will appeal directly to young adults. (Johnson used he/him pronouns at the time of publication.) Velshi Banned Book Club Indie Bestseller Teen Vogue Recommended Read Buzzfeed Recommended Read People Magazine Best Book of the Summer A New York Library Best Book of 2020 A Chicago Public Library Best Book of 2020 ... and more!
Publisher: Farrar, Straus and Giroux (BYR)
ISBN: 0374312729
Category : Young Adult Nonfiction
Languages : en
Pages : 191
Book Description
In a series of personal essays, prominent journalist and LGBTQIA+ activist George M. Johnson's All Boys Aren't Blue explores their childhood, adolescence, and college years in New Jersey and Virginia. A New York Times Bestseller! Good Morning America, NBC Nightly News, Today Show, and MSNBC feature stories From the memories of getting his teeth kicked out by bullies at age five, to flea marketing with his loving grandmother, to his first sexual relationships, this young-adult memoir weaves together the trials and triumphs faced by Black queer boys. Both a primer for teens eager to be allies as well as a reassuring testimony for young queer men of color, All Boys Aren't Blue covers topics such as gender identity, toxic masculinity, brotherhood, family, structural marginalization, consent, and Black joy. Johnson's emotionally frank style of writing will appeal directly to young adults. (Johnson used he/him pronouns at the time of publication.) Velshi Banned Book Club Indie Bestseller Teen Vogue Recommended Read Buzzfeed Recommended Read People Magazine Best Book of the Summer A New York Library Best Book of 2020 A Chicago Public Library Best Book of 2020 ... and more!
Dr. George
Author: George Fischbeck
Publisher: UNM Press
ISBN: 0826353339
Category : Biography & Autobiography
Languages : en
Pages : 278
Book Description
For twenty-three years, George Fischbeck was a schoolteacher in Albuquerque, and for the last thirteen of those years taught science on a public television station that was beamed all over New Mexico. He also served as a weatherman on Albuquerque’s top-rated TV newscast where he was so popular that the general manager of a competing station sent tapes of his weather forecasts to all the top ABC Network stations nationwide in hope that one would hire George and get him out of New Mexico. When KABC-TV in Los Angeles responded, it was the start of a love affair between Dr. George and the City of Angels that continues to this day. Not only has Fischbeck had a long career as an awardwinning journalist and educator, he has also helped raise millions of dollars for a variety of charitable causes. His story is all here, and the best part is what the fewest people know: the heartwarming memories of a family man.
Publisher: UNM Press
ISBN: 0826353339
Category : Biography & Autobiography
Languages : en
Pages : 278
Book Description
For twenty-three years, George Fischbeck was a schoolteacher in Albuquerque, and for the last thirteen of those years taught science on a public television station that was beamed all over New Mexico. He also served as a weatherman on Albuquerque’s top-rated TV newscast where he was so popular that the general manager of a competing station sent tapes of his weather forecasts to all the top ABC Network stations nationwide in hope that one would hire George and get him out of New Mexico. When KABC-TV in Los Angeles responded, it was the start of a love affair between Dr. George and the City of Angels that continues to this day. Not only has Fischbeck had a long career as an awardwinning journalist and educator, he has also helped raise millions of dollars for a variety of charitable causes. His story is all here, and the best part is what the fewest people know: the heartwarming memories of a family man.
George Clooney
Author: Kimberly Potts
Publisher: Hal Leonard Corporation
ISBN: 9781557837219
Category : Biography & Autobiography
Languages : en
Pages : 300
Book Description
George Clooney is famous for being named "People" magazines Sexiest Man Alive, his penchant for practical jokes, as well as his award-winning acting career and his political and humanitarian efforts. In her book, Potts traces the stars life from the small-town boy to big-screen star.
Publisher: Hal Leonard Corporation
ISBN: 9781557837219
Category : Biography & Autobiography
Languages : en
Pages : 300
Book Description
George Clooney is famous for being named "People" magazines Sexiest Man Alive, his penchant for practical jokes, as well as his award-winning acting career and his political and humanitarian efforts. In her book, Potts traces the stars life from the small-town boy to big-screen star.
Journey Into Mohawk Country
Author: Harmen Meyndertsz van den Bogaert
Publisher: Macmillan
ISBN: 9781596431065
Category : Comics & Graphic Novels
Languages : en
Pages : 152
Book Description
Van den Bogaert's journal of their adventures, fears, success, and hardships of making a journey in winter to an Iroquois Country in what is now New York State.
Publisher: Macmillan
ISBN: 9781596431065
Category : Comics & Graphic Novels
Languages : en
Pages : 152
Book Description
Van den Bogaert's journal of their adventures, fears, success, and hardships of making a journey in winter to an Iroquois Country in what is now New York State.
Financial Statement Analysis and Security Valuation
Author: Stephen H. Penman
Publisher:
ISBN: 9780071267809
Category : Financial statements
Languages : en
Pages : 754
Book Description
Valuation is at the heart of investing. A considerable part of the information for valuation is in the financial statements.Financial Statement Analysis and Security Valuation, 5 e by Stephen Penman shows students how to extract information from financial statements and use that data to value firms. The 5th edition shows how to handle the accounting in financial statements and use the financial statements as a lens to view a business and assess the value it generates.
Publisher:
ISBN: 9780071267809
Category : Financial statements
Languages : en
Pages : 754
Book Description
Valuation is at the heart of investing. A considerable part of the information for valuation is in the financial statements.Financial Statement Analysis and Security Valuation, 5 e by Stephen Penman shows students how to extract information from financial statements and use that data to value firms. The 5th edition shows how to handle the accounting in financial statements and use the financial statements as a lens to view a business and assess the value it generates.
Arthur & George
Author: Julian Barnes
Publisher: Vintage Canada
ISBN: 0307371417
Category : Fiction
Languages : en
Pages : 445
Book Description
Brilliantly imagined and irresistibly readable, Arthur & George is a major new novel from Julian Barnes, a wonderful combination of playfulness, pathos and wisdom. Searching for clues, no one would ever guess that the lives of Arthur and George might intersect. Growing up in shabby-genteel nineteenth-century Edinburgh, Arthur is saddled with a dad who is a disgrace and a mum he wishes to protect, and is propelled into a life of action. To his astonishment, his career as a self-made man of letters brings him riches and fame and, in the world at large, he becomes the perfect picture of the honourable English gentlemen. George is irredeemably an outsider, and has no hope of becoming such a picture. Though he’s dogged and logical, a vicar’s son from rural Staffordshire, he is set apart, and he and his family are targeted in his boyhood by a poison-pen campaign. George finds safe harbour in the reliability of rules, and grows up to become a solicitor, putting his faith in the insulating value of British justice. Then crisis upsets the uneasy equilibrium of both men’s lives. Arthur is knocked for a loop by guilt and other dishonourable emotions. George is put to the sorest test, accused of a horrible crime. And from that point on their lives weave together in the most profound and surprising way, as each man becomes the other’s salvation. Arthur & George is a masterful novel about low crime and high spirituality, guilt and innocence, identity, nationality and race. Most of all, it’s a profound and witty meditation on the fateful differences between what we believe, what we know and what we can prove. George and his father pray together, kneeling side by side on the scrubbed boards. Then George climbs into bed while his father locks the door and turns out the light. As he falls asleep, George sometimes thinks of the floor, and how his soul must be scrubbed just as the boards are scrubbed. Father is not an easy sleeper, and has a tendency to groan and wheeze. Sometimes, in the early morning, when dawn is beginning to show at the edges of the curtains, Father will catechize him. "George, where do you live?" "The Vicarage, Great Wyrley." "And where is that?" "Staffordshire, Father." "And where is that?" "The centre of England." "And what is England, George?" "England is the beating heart of the Empire, Father." "Good. And what is the blood that flows through the arteries and veins of the Empire to reach even its farthest shore?" "The Church of England." "Good, George." And after a while Father will begin to groan and wheeze again. George watches the outline of the curtain harden. He lies there thinking of arteries and veins making red lines on the map of the world, linking Britain to all the places coloured pink: Australia and India and Canada and islands dotted everywhere. He thinks of blood bubbling though these tubes and emerging in Sydney, Bombay, the St. Lawrence Waterway. Bloodlines, that is a word he has heard somewhere. With the pulse of blood in his ears, he begins to fall asleep again. —excerpt from Arthur & George
Publisher: Vintage Canada
ISBN: 0307371417
Category : Fiction
Languages : en
Pages : 445
Book Description
Brilliantly imagined and irresistibly readable, Arthur & George is a major new novel from Julian Barnes, a wonderful combination of playfulness, pathos and wisdom. Searching for clues, no one would ever guess that the lives of Arthur and George might intersect. Growing up in shabby-genteel nineteenth-century Edinburgh, Arthur is saddled with a dad who is a disgrace and a mum he wishes to protect, and is propelled into a life of action. To his astonishment, his career as a self-made man of letters brings him riches and fame and, in the world at large, he becomes the perfect picture of the honourable English gentlemen. George is irredeemably an outsider, and has no hope of becoming such a picture. Though he’s dogged and logical, a vicar’s son from rural Staffordshire, he is set apart, and he and his family are targeted in his boyhood by a poison-pen campaign. George finds safe harbour in the reliability of rules, and grows up to become a solicitor, putting his faith in the insulating value of British justice. Then crisis upsets the uneasy equilibrium of both men’s lives. Arthur is knocked for a loop by guilt and other dishonourable emotions. George is put to the sorest test, accused of a horrible crime. And from that point on their lives weave together in the most profound and surprising way, as each man becomes the other’s salvation. Arthur & George is a masterful novel about low crime and high spirituality, guilt and innocence, identity, nationality and race. Most of all, it’s a profound and witty meditation on the fateful differences between what we believe, what we know and what we can prove. George and his father pray together, kneeling side by side on the scrubbed boards. Then George climbs into bed while his father locks the door and turns out the light. As he falls asleep, George sometimes thinks of the floor, and how his soul must be scrubbed just as the boards are scrubbed. Father is not an easy sleeper, and has a tendency to groan and wheeze. Sometimes, in the early morning, when dawn is beginning to show at the edges of the curtains, Father will catechize him. "George, where do you live?" "The Vicarage, Great Wyrley." "And where is that?" "Staffordshire, Father." "And where is that?" "The centre of England." "And what is England, George?" "England is the beating heart of the Empire, Father." "Good. And what is the blood that flows through the arteries and veins of the Empire to reach even its farthest shore?" "The Church of England." "Good, George." And after a while Father will begin to groan and wheeze again. George watches the outline of the curtain harden. He lies there thinking of arteries and veins making red lines on the map of the world, linking Britain to all the places coloured pink: Australia and India and Canada and islands dotted everywhere. He thinks of blood bubbling though these tubes and emerging in Sydney, Bombay, the St. Lawrence Waterway. Bloodlines, that is a word he has heard somewhere. With the pulse of blood in his ears, he begins to fall asleep again. —excerpt from Arthur & George