Accounting Finance - McGraw
Transcription
Accounting Finance - McGraw
Accounting & Finance 2012 Preparing Students for the World That Awaits McGraw-Hill Higher Education empowers instructors to help students succeed academically now and into the future by providing flexible, superior-quality solutions that serve the needs of instructors and students end to end - from textbooks and digital instructional content and tools to innovate subject mastery, experiential learning and assignment/ assessment solutions. Connect. We connect instructors and students to valuable course content and resources - and we connect instructors and students to each other - with the best traditional and digital teaching tools. Accounting Learn. We enable greater learning and deeper comprehension with the highest-quality tools and content that let students engage with their coursework when, where and however they learn best. & Succeed. We provide the learning resources students need to connect success in the classroom with success in the world that awaits. McGraw-Hill Education (Asia) 60 Tuas Basin Link Singapore 638775 Tel (65) 6863 1580 Fax (65) 6862 3354 email: mghasia_sg@mcgraw-hill.com website: www.mheducation.asia C11-000813-X 2012 Finance M c g r aw - h i l l 2 0 1 2 c a t a l o g Welcome to McGraw-Hill’s 2012 Accounting & Finance Catalog. Inside this catalog, you will find a wide selection of McGraw-Hill latest academic publications. Apart from those published from the US, we have also included publications from Asia as well as from our subsidiaries in Australia, India and United Kingdom. For the benefit of students, widely adopted textbooks are made available as low-priced McGraw-Hill International Editions (see titles in this catalog tagged with “International Edition”). REVIEW COPY REQUEST Teaching professionals who wish to consider McGraw-Hill titles for textbook adoption may request for a review copy. 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Cover design images©istockphoto.com CONTENTS Accounting Finance Accounting for Non-Accounting Managers.................... 10 Bank Management........................................................95 Accounting Information Systems................................... 37 Behavioral Finance........................................................97 Accounting Principles...................................................... 5 Business Finance..........................................................83 Accounting Principles Supplements................................ 9 Cases in Corporate Finance..........................................87 Accounting Theory......................................................... 54 Derivatives / Futures & Options.....................................91 Advanced Accounting.................................................... 38 Finance for the Non-Financial Managers.................... 101 Advanced Managerial Accounting................................. 49 Financial Institutions and Markets.................................93 Auditing......................................................................... 43 Financial Institutions Management................................93 Auditing Practice Cases................................................ 48 Financial Planning.........................................................97 Computerized Accounting............................................. 29 Financial System.........................................................103 Corporate Financial Reporting...................................... 60 International Financial Management............................. 96 Cost Accounting / Cost Management............................ 33 Investments - Graduate.................................................87 Cost Accounting Supplements...................................... 35 Investments - Supplementary........................................86 College Accounting........................................................ 35 Investments - Textbooks................................................83 Financial Accounting......................................................11 Managerial & Corporate Finance - Graduate................ 79 Financial Accounting Supplements............................... 21 Managerial & Corporate Finance - Supplements.......... 77 Financial Statement Analysis........................................ 56 Managerial & Corporate Finance - Textbooks............... 65 Governmental / Non Profit............................................. 53 Mathematics of Finance..............................................102 Intermediate Accounting................................................ 31 Money and Capital Markets...........................................89 Intermediate Accounting Supplements.......................... 33 Personal Finance..........................................................98 International Accounting................................................ 55 Portfolio Management...................................................90 Management Control..................................................... 61 Managerial Accounting.................................................. 22 Insurance & Real Estate Managerial Accounting Supplements............................ 28 Professional References.............................................106 MBA Managerial............................................................ 59 Real Estate Finance / Investment...............................106 MBA Principles.............................................................. 60 Real Estate Principles, Analysis & Management.........105 Other Accounting........................................................... 61 Risk Management.......................................................102 Survey of Accounting..................................................... 58 Upper Division Insurance............................................105 Undergraduate Taxation................................................ 49 Indexes Author Index............................................................... 112 Title Index................................................................... 107 i CONTENTS ii Live and available for use in your course TODAY! 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EZ Test.indd 1 21/11/07 11:40:26 New Titles ACCOUNTING 2013 Author ISBN Introduction to Managerial Accounting, 6e Brewer 9780078025419 22 Essentials of Accounting for Governmental and Not-for-Profit Organizations, 11e Copley 9780078025457 53 Fundamental Financial Accounting Concepts, 8e Edmonds 9780078025365 11 Computer Accounting with Quickbooks Pro 2012, 14e Kay 9780078025341 29 Advanced Accounting, 11e Hoyle 9780078025402 38 Fundamentals of Advanced Accounting, 5e Hoyle 9780078025396 39 Accounting Information Systems, 3e Hurt 9780078025334 37 Principles of Taxation for Business and Investment Planning: 2013 Edition, 16e Jones 9780078025488 49 Auditing & Assurance Services, 5e Louwers 9780078025440 43 Financial Statement Analysis and Security Valuation, 5e Penman 9780078025310 56 Accounting for Governmental and NonProfit Entities, 16e Reck 9780078110931 54 Financial Accounting, 7e Spiceland 9780078025327 31 Financial Accounting: Making the Connection Spiceland 9780077862268 11 McGraw-Hill’s Taxation of Individuals: 2013 Edition, 4e Spilker 9780077434113 49 McGraw-Hill’s Taxation of Individuals and Business Entites: 2013 Edition, 4e Spilker 9780078025464 50 Taxation of Business Entities: 2013 Edition, 4e Spilker 9780077434045 49 Financial Accounting: Information for Decisions, 6e Wild 9780078025389 12 Computer Accounting Essentials using Quickbooks Pro 2012, 6e Yacht 9780078025570 29 Computer Accounting with Peachtree Complete 2012: Release 19.0, 16e Yacht 9780078025358 29 2012 Author ISBN Essentials of Advanced Financial Accounting Baker 9780078025648 39 Fundamentals of Taxation: 2012 Edition, 5e Cruz 9780078025471 50 International Accounting, 3e Doupnik 9780078110955 55 Survey of Accounting, 3e Edmonds 9780078110856 58 Managerial Accounting, 14e Garrison 9780078111006 23 College Accounting: A Contemporary Approach, 2e Haddock 9780073396958 35 Forensic Accounting and Fraud Examination, 2e Hopwood 9780078136665 61 Auditing & Assurance Services, 8e Messier 9780077520151 43 College Accounting, Chapters 1-30, 13e Price 9780078025273 36 Financial Reporting and Analysis, 5e Revsine 9780078110863 Auditing and Assurance Services: An Applied Approach Stuart 9780073404004 44 An Introduction to Financial Accounting, 7e [UK] Thomas 9780077132682 13 Principles of Auditing and Other Assurance Services, 18e Whittington 9780077486273 44 Page ACCOUNTING Page iii 56, 60 New Titles ACCOUNTING 2012 Author ISBN Fundamental Accounting Principles: Including International Financial Reporting Wild 9780071325509 5 Financial Accounting, 15e Williams 9780077328702 14 Financial & Managerial Accounting, 16e Williams 9780078111044 5 Computer Accounting with Peachtree By Sage Complete Accounting 2011, Release Yacht 9780077505035 30 2011 Author ISBN Financial Accounting Theory, 2e [UK] Deegan 9780077126735 54 Managerial Accounting: An Asian Perspective [Asian] Garrison 9780071088015 24 Accounting: A Framework for Decision Making, 3e [Aust] Jackling 9780071016780 6 Management Accounting & Connect Plus, 6e [Aust] Langfield-Smith 9780071016650 25 Consolidated Financial Statements, 2e [Asian] Ng 9780071312912 41 Taxation in Singapore [Asian] Poh 9780071078764 52 Management Accounting, 4e [UK Adaptation] Seal 9780077129897 26 Management Accounting for Business Decisions [UK] Seal 9780077126728 27 Page Standards (IFRS) [Asian] 19.0, 15e ACCOUNTING iv Page New Titles FINANCE, INSURANCE & REAL ESTATE 2013 Author ISBN Bank Management & Financial Services, 9e Rose 9780078034671 95 Fundamentals of Corporate Finance: Alternate Edition, 10e Ross9780077479459 65 Fundamentals of Corporate Finance: Standard Edition, 10e Ross 9780078034633 66 Personal Finance Walker 9780073530659 98 2012 Author ISBN Fundamentals of Corporate Finance, 7e Brealey 9780078034640 67 Finance: Applications and Theory, 2e Cornett 9780073530673 68 M: Finance Cornett 9780073382241 69 International Financial Management, 6e Eun 9780078034657 96 Fundamentals of Cororate Finance, 5e [UK Adaptation] Firer 9780077134525 71 Analysis for Financial Management, 10e Higgins 9780078034688 71, 101 Fundamentals of Investment Management, 10e Hirt 9780078034626 83 Fundamentals of Investments, 6e Jordan 9780073530710 83 Personal Finance, 10e Kapoor 9780073530697 99 Financial Markets & Institutions, 5e Saunders 9780078034664 93 2011 Author ISBN Financial Mathematics for Actuaries [Asian Pub] Chan 9780071288934 102 Managing Your Personal Finance [Asian Pub] Chan 9780071078863 100 Financial Markets and Corporate Strategy, 2e [UK Adaptation] Hillier 9780077129422 72 Fundamentals of Corporate Finance [UK] Hillier 9780077125257 73 Financial Management: Text, Problems and Cases, 6e [India] Khan 9780071067850 73, 80 Futures and Options [Asian Pub] Parameswaran 9780071313643 91 Fundamentals of Corporate Finance: An Asian Perspective [Asian Pub] Ross 9780071088022 74 Security Analysis and Portfolio Management [India] Sasidharan 9780071078016 90 Understanding Mutual Funds [India] Shashikant 9780071333481 85 Page FINANCE, INSURANCE & REAL ESTATE Page FINANCE, INSURANCE & REAL ESTATE Page v New Titles vi 1 Accounting Accounting for Non-Accounting Managers..........................................................10 Accounting Information Systems.........................................................................37 Accounting Principles............................................................................................5 Accounting Principles Supplements......................................................................9 Accounting Theory...............................................................................................54 Advanced Accounting..........................................................................................38 Advanced Managerial Accounting.......................................................................49 Auditing...............................................................................................................43 Auditing Practice Cases......................................................................................48 Computerized Accounting...................................................................................29 Corporate Financial Reporting............................................................................60 Cost Accounting / Cost Management..................................................................33 Cost Accounting Supplements............................................................................35 College Accounting..............................................................................................35 Financial Accounting...........................................................................................11 Financial Accounting Supplements.....................................................................21 Financial Statement Analysis..............................................................................56 Governmental / Non Profit...................................................................................53 Intermediate Accounting......................................................................................31 Intermediate Accounting Supplements................................................................33 International Accounting......................................................................................55 Management Control...........................................................................................61 Managerial Accounting........................................................................................22 Managerial Accounting Supplements..................................................................28 MBA Managerial..................................................................................................59 MBA Principles....................................................................................................60 Other Accounting.................................................................................................61 Survey of Accounting...........................................................................................58 Undergraduate Taxation......................................................................................49 New Titles ACCOUNTING 2013 Author ISBN Page Introduction to Managerial Accounting, 6e Brewer 9780078025419 22 Essentials of Accounting for Governmental and Not-for-Profit Organizations, 11e Copley 9780078025457 53 Fundamental Financial Accounting Concepts, 8e Edmonds 9780078025365 11 Computer Accounting with Quickbooks Pro 2012, 14e Kay 9780078025341 29 Advanced Accounting, 11e Hoyle 9780078025402 38 Fundamentals of Advanced Accounting, 5e Hoyle 9780078025396 39 Accounting Information Systems, 3e Hurt 9780078025334 37 Principles of Taxation for Business and Investment Planning: 2013 Edition, 16e Jones 9780078025488 49 Auditing & Assurance Services, 5e Louwers 9780078025440 43 Financial Statement Analysis and Security Valuation, 5e Penman 9780078025310 56 Accounting for Governmental and NonProfit Entities, 16e Reck 9780078110931 54 Financial Accounting, 7e Spiceland 9780078025327 31 Financial Accounting: Making the Connection Spiceland 9780077862268 11 McGraw-Hill’s Taxation of Individuals: 2013 Edition, 4e Spilker 9780077434113 49 McGraw-Hill’s Taxation of Individuals and Business Entites: 2013 Edition, 4e Spilker 9780078025464 50 Taxation of Business Entities: 2013 Edition, 4e Spilker 9780077434045 49 Financial Accounting: Information for Decisions, 6e Wild 9780078025389 12 Computer Accounting Essentials using Quickbooks Pro 2012, 6e Yacht 9780078025570 29 Computer Accounting with Peachtree Complete 2012: Release 19.0, 16e Yacht 9780078025358 29 Author ISBN Essentials of Advanced Financial Accounting Baker 9780078025648 39 Fundamentals of Taxation: 2012 Edition, 5e Cruz 9780078025471 50 International Accounting, 3e Doupnik 9780078110955 55 Survey of Accounting, 3e Edmonds 9780078110856 58 Managerial Accounting, 14e Garrison 9780078111006 23 College Accounting: A Contemporary Approach, 2e Haddock 9780073396958 35 Forensic Accounting and Fraud Examination, 2e Hopwood 9780078136665 61 Auditing & Assurance Services, 8e Messier 9780077520151 43 College Accounting, Chapters 1-30, 13e Price 9780078025273 36 Financial Reporting and Analysis, 5e Revsine 9780078110863 Auditing and Assurance Services: An Applied Approach Stuart 9780073404004 44 An Introduction to Financial Accounting, 7e [UK] Thomas 9780077132682 13 Principles of Auditing and Other Assurance Services, 18e Whittington 9780077486273 44 ACCOUNTING 2012 2 Page 56, 60 New Titles ACCOUNTING 2012 Author ISBN Wild 9780071325509 5 Financial Accounting, 15e Williams 9780077328702 14 Financial & Managerial Accounting, 16e Williams 9780078111044 5 Computer Accounting with Peachtree By Sage Complete Accounting 2011, Release Yacht 9780077505035 30 Author ISBN Financial Accounting Theory, 2e [UK] Deegan 9780077126735 54 Managerial Accounting: An Asian Perspective [Asian] Garrison 9780071088015 24 Accounting: A Framework for Decision Making, 3e [Aust] Jackling 9780071016780 6 Management Accounting & Connect Plus, 6e [Aust] Langfield-Smith 9780071016650 25 Consolidated Financial Statements, 2e [Asian] Ng 9780071312912 41 Taxation in Singapore [Asian] Poh 9780071078764 52 Management Accounting, 4e [UK Adaptation] Seal 9780077129897 26 Management Accounting for Business Decisions [UK] Seal 9780077126728 27 Fundamental Accounting Principles: Including International Financial Reporting Page Standards (IFRS) [Asian] 19.0, 15e ACCOUNTING 2011 Page 3 Accounting 4 Accounting Accounting Principles NEW *9780071325509* FUNDAMENTAL ACCOUNTING PRINCIPLES Including International Financial Reporting Standards (IFRS) By John J Wild, University of Wisconsin Madison, Ken Shaw, University of Missouri-Columbia, Barbara Chiappetta and Winston Kwok 2012 (January 2012) / 1200 pages ISBN: 9780071325509 An Asian Publication NEW TO THIS EDITION New coverage of IFRS discusses how important topics in accounting such as LIFO, statement of cash flows, and fixed assets might be impacted by the adoption of IFRS. NEW! McGraw-Hill’s Connect uses end-of-chapter material pulled directly from the textbook to create static and algorithmic questions that can be used for homework and practice tests. Motivation CONTENTS Fundamental Accounting Principles provides students every advantage as they strive to understand the key concepts of accounting and their role in business. Covering both Financial Accounting and Managerial Accounting, it helps students to develop good decision-making habits as they prepare, analyze and apply accounting information. It also includes the current financial reports of Nestlé, Adidas, and Puma to further reinforce the real-world relevance of accounting concepts. Features A unique pedagogical framework that provides insight into every aspect of business decision making supported by accounting information The CAP (Conceptual/Analytical/Procedural) Model that clearly identifies learning objectives, textual materials, assignments and test items so that instructors can easily customize their courses Decision Insight opening vignettes featuring successful Asian entrepreneurs A focus on International Financial Reporting Standards (IFRS) and IFRS-reporting companies Additional points and examples placed strategically in side margins Comprehensive end-of-chapter questions, exercises, and problems International edition NEW ing concepts. In this revision, the authors have added to and refined the coverage of International Financial Reporting Standards (IFRS), particularly in Chapter 15 (“Global Business and Accounting”). Hallmarks of the text—including the solid Accounting Cycle Presentation, relevant pedagogy, and high quality, end-of-chapter material—have been updated throughout the book. *9780078111044* FINANCIAL & MANAGERIAL ACCOUNTING Chapter 1: Accounting: Information for Decision Making Chapter 2: Basic Financial Statements Chapter 3: The Accounting Cycle: Capturing Economic Events Chapter 4: The Accounting Cycle: Accruals and Deferrals Chapter 5: The Accounting Cycle: Reporting Financial Results Comprehensive Problem 1: Susquehanna Equipment Rentals Chapter 6: Merchandising Activities Chapter 7: Financial Assets Chapter 8: Inventories and the Cost of Goods Sold Comprehensive Problem 2: Guitar Universe, Inc. Chapter 9: Plant and Intangible Assets Chapter 10: Liabilities Chapter 11: Stockholders’ Equity: Paid-in Capital Comprehensive Problem 3: McMinn Retail, Inc. Chapter 12: Income and Changes in Retained Earnings Chapter 13: Statement of Cash Flows Chapter 14: Financial Statement Analysis Comprehensive Problem 4: Home Depot, Inc. Chapter 15: Global Business and Accounting Chapter 16: Management Accounting: A Business Partner Chapter 17: Job Order Cost Systems and Overhead Allocations Chapter 18: Process Costing Chapter 19: Costing and the Value Chain Chapter 20: Cost-Volume-Profit Analysis Chapter 21: Incremental Analysis Comprehensive Problem 5: The Gilster Company Chapter 22: Responsibility Accounting and Transfer Pricing Chapter 23: Operational Budgeting Chapter 24: Standard Cost Systems Chapter 25: Rewarding Business Performance Comprehensive Problem 6: Utease Corporation Chapter 26: Capital Budgeting Appendix A: 2009 Home Depot Financial Statements Appendix B: The Time Value of Money: Future Amounts and Present Values Appendix C: Forms of Business Organization 16th Edition By Jan Williams, University of TennesseeKnoxville, Sue Haka, Michigan State University-East Lansing, Mark S Bettner, Bucknell University and Joseph V Carcello, University of Tennessee-Knoxville 2012 (January 2011) / 1264 pages ISBN: 9780078111044 ISBN: 9780071316903 [IE] www.mhhe.com/williams_basis16e With the sixteenth edition of Financial and Managerial Accounting: The Basis for Business Decisions, the Williams author team continues to be a solid foundation for students who are learning basic account- 5 Accounting International edition Introduction to ACCOUNTING NEW By Penne Ainsworth, University of Wyoming-Laramie and Dan Deines, Kansas State University 2011 (January 2010) / 672 pages ISBN: 9780078136603 ISBN: 9780071220583 [IE] 3rd Edition By Beverley Jackling, Victoria University of Technology, Jean Raar, Swinburne University of Technology, Graeme Wines and Tracey McDowall of Deakin University www.mhhe.com/ainsworth6e NContents Part One Introduction: Business Operating Activities Chapter 1: Accounting and Business Chapter 2: Business Processes and Accounting Information Chapter 3: Operating Processes: Planning and Control Part Two Planning: Operating Activities Chapter 4: Short-term Decision Making Chapter 5: Strategic Planning Regarding Operating Processes Chapter 6: Planning, the Balanced Scorecard, and Budgeting Part Three Recording and Evaluating: Operating Activities Chapter 7: Accounting Information Systems Chapter 8: Purchasing/Human Resources/Payment Process: Recording and Evaluating Expenditure Process Activities Chapter 9: Recording and Evaluating Conversion Process Activities Chapter 10: Marketing/Sales/Collection/Customer Support Process: Recording and Evaluating Revenue Process Activities Part Four Introduction: Capital Resource Process Activities Chapter 11: Time Value of Money Part Five Planning: Capital Resource Process Activities Chapter 12: Planning Investments: Capital Budgeting Chapter 13: Planning Equity Financing Chapter 14: Planning Debt Financing Part Six Recording and Evaluating Capital Resource Process Activities Chapter 15: Recording and Evaluating Capital Resource Process Activities: Financing Chapter 16: Recording and Evaluating Capital Resource Process Activities: Investing Part Seven Evaluating: Operating and Capital Resource Processes Chapter 17: Company Performance: Profitability Chapter 18: Company Performance: Owners’ Equity and Financial Position Chapter 19: Company Performance: Cash Flows Chapter 20: Company Performance: Comprehensive Evaluation Appendix: Apple’s 2008 Financial Statements and Accompanying Notes Index 6 *9780071016780* accounting: a framework for decision making An Integrated Approach, 6th Edition This textbook integrates Financial and Managerial Accounting as opposed to keeping these areas separate, the approach followed by most books and curriculums. By “integration”, we mean the authors focus on the business process and examine the activities from both an external, financial reporting perspective and an internal, management decision-making perspective. The text incorporates real world applications, including actual financial statements, to reinforce the relevance of topics to real business situations and promote student interest. The text also promotes active learning through Enhance Your Understanding “probing” questions placed sporadically throughout many chapters, Of Interest boxes that provide additional information relating to the chapter concepts, Fast Fact boxes that provide additional information related to chapter concepts in a short, trivia-like manner, and end-of-chapter group exercises. 2011 (March 2011) ISBN: 9780071016780 McGraw-Hill Australia Title www.mhhe.com/au/jackling3e Thoroughly updated and re-sequenced in response to market feedback, Accounting: A Framework for Decision Making 3e is an ideal first year accounting principles text. Presented in a straightforward style, the third edition focuses on key concepts and illustrates each concept with clear graphical or textual explanations and examples. The latest AASB standards and accounting techniques underpin the content throughout and new and revised questions have been added to the end of chapter material. With an accessible technical focus, Accounting 3e has a clear and broad content structure that means the book lends itself to both majors and non-majors courses. Contents Part 1 Background environment and principles CHAPTER 1 The accounting environment CHAPTER 2 Accounting reports: their nature and uses CHAPTER 3 Classification and analysis of transactions CHAPTER 4 The structure and content of financial statements CHAPTER 5 Financial statement analysis CHAPTER 6 Accounting and financial management Part 2 Accounting for management decisions CHAPTER 7 Managerial decisionmaking and the accountant CHAPTER 8 Cost concepts for management decisions CHAPTER 9 Accounting for short-term management planning Part 3 Conceptual frameworks for financial reporting CHAPTER 10 Sources of authority and conceptual frameworks for accounting CHAPTER 11 Assets and expense CHAPTER 12 Income CHAPTER 13 Liabilities CHAPTER 14 The recording focus CHAPTER 15 Inventory transactions CHAPTER 16 End-of-period adjustments CHAPTER 17 Accounting information systems and internal control CHAPTER 18 The principles applied: owner’s equity APPENDIX 1 Extracts from Santos Ltd Annual Report 2008 APPENDIX 2 Interest tables Glossary Index Accounting COLLEGE ACCOUNTING CHAPTER 1-29 WITH ANNUAL REPORT FUNDAMENTAL ACCOUNTING PRINCIPLES 2nd Edition By John Wild, University of Wisconsin at Madison, Barbara Chiappetta, Nassau Community College and Ken Shaw, University of MissouriColumbia 2011 (October 2010) / 1188 pages ISBN: 9780078110870 By John J Wild, University of Wisconsin Madison, Vernon Richardson, University of Arkansas-Fayetteville and Ken Shaw, University of Missouri-Columbia 2011 (January 2010) ISBN: 9780077346096 www.mhhe.com/wildCA2e 20th Edition www.mhhe.com/wildFAP20e College Accounting by Wild, Richardson, and Shaw draws upon the success of Wild’s Fundamental Accounting Principles text. Its innovation is reflected in its extensive use of small business examples, the integration of new computerized learning tools, superior end-ofchapter material, and a highly engaging, pedagogical design. Inclusion of technology products such as Connect, Connect Plus, Excel Templates, and QuickBooks Pro 2010 software provides students with every possible advantage as they strive to understand the key concepts of accounting and their role in business. With 55 years of success in the principles of accounting market, Fundamental Accounting Principles, 20th edition by Wild, Shaw and Chiappetta has endured and adapted to changes in accounting, technology, and student learning styles. Its innovation is reflected in its extensive use of small business examples, the integration of new technology learning tools, superior end-of-chapter material, and a highly engaging, pedagogical design. Inclusion of Connect, Connect Plus and Carol Yacht’s General Ledger and Peachtree application software provides students every advantage as they strive to understand the key concepts of accounting and their role in business. CONTENTS Contents 1 Introduction to Accounting 2 Accounting for Business Transactions 3 Applying Double-Entry Accounting 4 Preparing the General Journal and General Ledger 5 Adjusting Accounts and Preparing Financial Statements 6 Closing Process and Financial Statements 7 Fraud, Ethics, and Controls 8 Cash and Controls 9 Employee Earnings, Deductions, and Payroll 10 Employer Payroll Tax Reporting 11 Merchandise Sales and Accounts Receivable 12 Merchandise Purchases and Accounts Payable 13 Accrual Accounting Overview 14 Financial Statements and the Accounting Cycle 15 Accounts Receivable and Uncollectibles 16 Notes Receivable and Notes Payable 17 Inventories and Cost of Sales 18 Plant Assets, Natural Resources, and Intangibles 19 Accounting for Partnerships 20 Corporate Formation and Stock Transactions 21 Corporate Earnings, Taxes, and Distributions 22 Long-Term Bonds 23 Cash Flow Reporting 24 Financial Statement Analysis 25 Managerial Accounting Concepts and Principles 26 Departmental and Responsibility Accounting 27 Job Order Cost Accounting 28 Budgets and Standard Costing 29 Relevant Costing for Managerial Decisions Appendix A: Financial Statement Information Appendix B: Accounting Principles Appendix C*: Capital Budgeting and Investment Decisions Appendix D*: Time Value of Money * Appendixes C and D are available on the book’s Website, mhhe. com/wildCA, and as print copy from a McGraw-Hill representative 1. Accounting in Business 2. Analyzing and Recording Transactions 3. Adjusting Accounts and Preparing Financial Statements 4. Completing the Accounting Cycle 5. Accounting for Merchandising Operations 6. Inventories and Cost of Sales 7. Accounting Information Systems 8. Cash and Internal Controls 9. Accounting for Receivables 10. Plant Assets, Natural Resources, and Intangibles 11. Current Liabilities and Payroll Accounting 12. Accounting for Partnerships 13. Accounting for Corporations 14. Long-Term Liabilities 15. Investments and International Operations 16. Reporting the Statement of Cash Flows 17. Analysis of Financial Statements 18. Managerial Accounting Concepts and Principles 19. Job Order Cost Accounting 20. Process Cost Accounting 21. Cost Allocation and Performance Measurement 22. Cost-Volume-Profit Analysis 23. Master Budgets and Planning 24. Flexible Budgets and Standard Costs 25. Capital Budgeting and Managerial Decisions REVIEW COPY (Available for course adoption only) To request for a review copy, contact your local McGraw-Hill representatives or, fax the Review Copy Request Form found in this catalog or, e-mail your request to mghasia_sg@mcgraw-hill.com or, submit online at www.mheducation.asia 7 Accounting Asian Adaptation PRINCIPLES OF ACCOUNTING 19th Edition By John Wild, University of Wisconsin Madison, Ken Shaw, University of missouri-Columbia, Barbara Chiappetta, Nassau Community College and Patrick Ng 2009 (December 2008) / 1240 pages ISBN: 9780071282833 ISBN: 9780071269308 (Chapter 1-17) An Asian Adaptation Principles of Accounting 19e combines leading-edge accounting content with state-of-the-art technology to provide accounting students every advantage as they strive to understand the key concepts of accounting and their role in business. The book’s innovation is reflected in its extensive use of small business examples, the integration of new computerized learning tools, superior end-of-chapter material, and a highly engaging, pedagogical design. Contents Chapter 1 Accounting in Business Chapter 2 Analyzing and Recording Transactions Chapter 3 Adjusting Accounts and Preparing Financial Statements Chapter 4 Completing the Accounting Cycle Chapter 5 Accounting for Merchandising Operations Chapter 6 Inventories and Cost of Sales Chapter 7 Accounting Information Systems Chapter 8 Cash and Internal Controls Chapter 9 Accounting for Receivables Chapter 10 Plant Assets, Natural Resources, and Intangibles Chapter 11 Current Liabilities and Payroll Accounting Chapter 12 Accounting for Partnerships Chapter 13 Accounting for Corporations Chapter 14 Long-Term Liabilities Chapter 15 Investments and International Operations Chapter 16 Reporting the Statement of Cash Flows Chapter 17 Analysis of Financial Statements Chapter 18 Managerial Accounting Concepts and Principles Chapter 19 Job Order Cost Accounting Chapter 20 Process Cost Accounting Chapter 21 Cost Allocation and Performance Measurement Chapter 22 Cost-Volume-Profit Analysis Chapter 23 Master Budgets and Planning Chapter 24 Flexible Budgets and Standard Costs Chapter 25 Capital Budgeting and Managerial Decisions Appendix A Financial Statement Information A-1 Appendix B Time Value of Money Appendix C Comparison between IFRSs and U.S. GAAP International edition FUNDAMENTAL FINANCIAL AND MANAGERIAL ACCOUNTING CONCEPTS WITH H-D ANNUAL REPORT By Thomas P. Edmonds, Cindy Edmonds and Bor-Yi Tsay of University of Alabama-Birmingham and Philip R. Olds, Virginia Commonwealth University and Frances M McNair, Mississippi State University 2007 (December 2005) ISBN: 9780073222936 ISBN: 9780071107693 [IE] www.mhhe.com/edmonds/concepts Contents Chapter 1 Elements of Financial Statements Chapter 2 Understanding the Accounting Cycle Chapter 3 The Double-Entry Accounting System Chapter 4 The Double-Entry Accounting System Chapter 5 Accounting for Inventories 8 Chapter 6 Internal Control and Accounting for Cash Chapter 7 Accounting for Receivables Chapter 8 Accounting for Long-Term Operational Assets Chapter 9 Accounting for Current Liabilities and Payroll Chapter 10 Accounting for Long-Term Notes Payable and Bond Liabilities Chapter 11 Proprietorships, Partnerships, and Corporations Chapter 12 Statement of Cash Flows Chapter 13 Financial Statement Analysis Chapter 14 Management Accounting: A Value-Added Approach Chapter 15 Cost Behavior, Operating Leverage, and Profitability Analysis Chapter 16 Cost Accumulation, Tracing, and Allocation Chapter 17 Product Costing in Service and Manufacturing Companies Chapter 18 Job-Order, Process, and Hybrid Cost Systems Chapter 19 Analysis of Cost, Volume, and Pricing to Increase Profitability Chapter 20 Relevant Information for Special Decisions Chapter 21 Planning for Profit and Cost Control Chapter 22 Performance Evaluation Chapter 23 Responsibility Accounting Chapter 24 Planning for Capital Investment Appendix A Accessing the EDGAR Database through the Internet Appendix B Topps Annual Report for 2003 / Index SCHAUM’S OUTLINE OF BOOKKEEPING AND ACCOUNTING 4th Edition By Joel J Lerner, Sulivan County Community College and Rajul Gokarn 2010 (September 2009) / 480 pages ISBN: 9780071635363 A Schaum Publication Schaum’s Outline of Bookkeeping and Accounting is the ideal review and reference for your accounting class. Inside you’ll find explanations of the subject’s fundamentals and topics such as financial analysis, preparing cash flow statements, and the distinction between accounting for perpetual and periodic inventory system. It also includes a chapter on the most popular accounting software, which accounting students are expected to master before they graduate. Contents 1. Assets, Liabilities, and Capital 2. Debits and Credits: The Double-Entry System 3. Journalizing and Posting Transactions 4. Financial Statements 5. Adjusting and Closing Procedures 6. Computer Application: Peachtree Complete® Software Introduction 7. Repetitive Transaction: The Sales and the Purchases Journals 8. The Cash Journal 9. Summarizing and Reporting via the Worksheet 10. The Merchandising Company 11. Costing Merchandise Inventory 12. Pricing Merchandise 13. Negotiable Instruments 14. Controlling Cash 15. Payroll 16. Property, Plant, and Equipment: Depreciation 17. The Partnership 18. The Corporation Accounting SCHAUM’S OUTLINE OF FINANCIAL MANAGEMENT SCHAUM’S OUTLINE OF PRINCIPLES OF ACCOUNTING I 3rd Edition 5th Edition By Jae K Shim, California State University Long Beach and Joel G Siegel 2010 (September 2009) / 504 pages ISBN: 9780071635318 By Joel Lerner, Sullivan County Community College and James Cashin 2010 (September 2009) / 408 pages ISBN: 9780071635387 Schaum’s Outline of Financial Management provides a succinct review of all financial management concepts in topics such as financial forecasting, planning and budgeting, the management of working capital, short-term financing, time value of money, risk, return, and valuation, capital budgeting, and more. Schaum’s Outline of Principles of Accounting I helps you understand basic accounting concepts and offer extra practice on topics such as debits, credits, the chart of accounts, the ledger, inventory measurement, net realizable value, recovery of bad debts, and methods for computing interest. Coverage also includes fixed assets, depreciation and scrap value, methods of depreciation, payroll, and payroll taxes. A Schaum Publication Contents 1. Introduction 2. Analysis of Financial Statements and Cash Flow 3. Financial Forecasting, Planning, and Budgeting 4. The Management of Working Capital 5. Short-Term Financing 6. Time Value of Money 7. Risk, Return, and Valuation 8. Capital Budgeting (Including Leasing) 9. Capital Budgeting Under Risk 10. Cost of Capital 11. Leverage and Capital Structure 12. Dividend Policy 13. Term Loans and Leasing 14. Long-Term Debt 15. Preferred and Common Stock Accounting Principles Supplements SCHAUM’S EASY OUTLINE OF ACCOUNTING A Schaum Publication CONTENTS 1. Accounting Concepts 2. Financial Statements 3. Analyzing and Classifying Transactions, Examination I 4. Recording Transactions 5. Repetitive Transactions 6. Adjusting and Closing Procedures, Examination II 7. Summarizing and Reporting Via the Service Business Work Sheet 8. Summarizing and Reporting Via the Merchandising 9. Business Work Sheet 10. Costing Merchandise Inventory 11. Alternative Inventory Valuation Methods 12. Repetitive Transactions 13. Capital and Equity, Examination III 14. Receivables and Payables 15. Cash and Its Control 16. Payroll 17. Property, Plant, and Equipment: Depreciation 18. Property, Plant, and Equipment: Disposal and Taxation 19. Examination IV 20. Final Examination. SCHAUM’S EASY OUTLINE OF PRINCIPLES OF ACCOUNTING By Joel J. Lerner, Sullivan County Community College 2001 / 153 pages ISBN: 9780071369725 A Schaum Publication Revised Edition CONTENTS By Joel Lerner, Sullivan County Community College and James Cashin 2012 (December 2011) / 160 pages ISBN: 9780071777520 Chapter 1: Accounting Concepts: The Accounting Equation and Financial Statements. Chapter 2: Analyzing and Recording Transactions. Chapter 3: Adjusting and Closing Procedures. Chapter 4: Summarizing and Reporting Via the Work Sheet. Chapter 5: Inventory Valuation Methods. Chapter 6: Alternative Valuation Methods. Chapter 7: Cash and Its Control. Chapter 8: Receivables and Payables. Chapter 9: Property, Plant, and Equipment: Depreciation. Chapter 10: Property, Plant, and Equipment: Disposal and Taxation. Chapter 11: Capital and Equity. Chapter 12: Repetitive Transactions and Payroll. A Schaum Publication Schaum’s Easy Outline of Principles of Accounting I mirrors the courses in scope and sequence to help enrolled students understand basic concepts and offer extra practice on topics such as debits, credits, the chart of accounts, the ledger, inventory measurement, net realizable value, recovery of bad debts, and methods for computing interest. Coverage also includes fixed assets, depreciation and scrap value, methods of depreciation, payroll, and payroll taxes. 9 Accounting SCHAUM’S OUTLINE OF PRINCIPLES OF ACCOUNTING II 4th Edition By Joel J. Lerner, Sullivan County Community College and James A. Cashin, Hofstra University 1994 / 306 pages ISBN: 9780070375895 A Schaum Publication (International Edition is not for sale in Japan) CONTENTS Partnerships: Formation. Partnerships: Admission and Dissolution. The Corporation: Organization. The Corporation: Stock Issue and Book Value. The Corporation: Subscriptions and Treasury Stock. The Corporation: Retained Earnings. The Corporation: Issuing Bonds. The Corporation: Redemption of Bonds. Examination I. Manufacturing Accounting: Accounts and Statements. Manufacturing Accounting: Worksheets and Joint and By-Products. Cost Systems: Job Order. Cost Systems: Process. Budgets: Income Statement. Budgets: Balance Sheet and Standard Costs. Examination II. Financial Statement Analysis: Horizontal and Vertical. Financial Statement Analysis: Ratios. Examination III. Appendix: Statement of Cash Flows. Accounting For Non-Accounting Managers ACCOUNTING Understanding and Practice, 3rd Edition By Robert Perks and Danny Leiwy 2010 (March 2010) / 584 pages ISBN: 9780077124786 McGraw-Hill UK Title www.mcgraw-hill.co.uk/textbooks/perks Accounting: Understanding and Practice by Robert Perks and Danny Leiwy provides a gentle introduction to the complexities of accounting. An evolution of the successful textbook Financial Accounting: Understanding and Practice, this new edition has been enhanced to provide more emphasis on Management Accounting topics, with new material that has been structured in line with current teaching in introductory accounting modules. Fully revised throughout, the whole text has been thoroughly updated in accordance with the International Financial Reporting Standards. Ample practice illustrations and examples help present the subject in relation to a business world to which readers can easily relate. CONTENTS 1- The Balance Sheet and What It tells us 2- The Income Statement 3- The Development of Financial Reporting 4- Ratios and Interpretations: A Straightforward Introduction 5- How the Stock Market Assesses Company Performance 6- Cash Flow Statements: understanding and preparation 7- Advanced Interpretation of Company and Group Accounts 8- Current Issues in Financial Reporting 9- Financing a Business 10- Management of Working Capital 11- Introduction to Management Accounting 12- Investment Appraisal 13- Budgetary Planning and Control 14- Absorption Costing 15- Marginal Costing and Decision Making 16- Standard Costing and Variance Analysis 17- Book-keeping to Trial Balance 18- Trial Balance to Final Accounts 19- Incomplete Records Appendix 1: Developments in Management Accounting Answers to Self Test Questions Answers to Activities Invitation to Publish McGraw-Hill is interested to review your textbook proposals for publication. Please contact your local McGraw-Hill office or email to asiapub@mcgraw-hill.com. Visit McGraw-Hill Education (Asia) Website: http://www.mheducation.asia/publish/ 10 Accounting Financial Accounting International edition NEW *9780078025365* FUNDAMENTAL FINANCIAL ACCOUNTING CONCEPTS 8th Edition Thomas P Edmonds, University of Alabama at Birmington, Frances M McNair, Mississippi State University and Philip R Olds, Virginia Commonwealth University 2013 (January 2012) / 808 pages ISBN: 9780078025365 ISBN: 9780071317856 [IE] www.mhhe.com/edmonds8e Fundamental Financial Accounting Concepts 8th Edition by Edmonds/ McNair/Olds is ideal for the undergraduate introductory financial accounting course, specifically for those wanting to focus on the relationships between business events and financial statements. This text is also appealing to those instructors looking for a shorter text that focuses more on “key” financial accounting concepts rather than rather than procedural details, and to those desiring a stronger user orientation in their course. Overview: Students are often overwhelmed by the amount of information presented in the introductory financial accounting course. By focusing on fundamental concepts in a logical sequence, students are able to fully comprehend the material rather than memorize seemingly unrelated terms and topics. The goal of Fundamental Financial Accounting Concepts is to enable students to understand how any given business event affects the financial statements. The “financial statements model” is a highly praised feature because it allows students to visualize the simultaneous impact of business events on all of the key financial statements (the income statement, the balance sheet, and the statement of cash flows). NEW TO THIS EDITION Chapters 1 and 2 have been broken into 2 parts that allow instructors to cover the pace of coverage. Chapter 1, Section 1 covers basic terminology, introduces the accounting equation, and demonstrates how business events are recorded under the equation; Section 2 introduces students to financial statement. Chapter 2, Section 1 covers accruals, while Section 2 covers deferrals. Breaking the chapters into sections offers an added benefit of promoting a stepwise learning environment. Enhanced coverage of financial statement analysis. Created an appendix for Chapter 2 that covers depreciation and the computation of interest with EOC material added covering these topics Added an appendix and related end-of-chapter materials to Chapter 3 that provide continuing coverage of depreciation and the computation of interest. Added coverage of the framework for internal controls and enterprise risk management developed by the Committee of Sponsoring Organizations of the Treadway Commission (COSO) to Chapter 6 The Target annual report in Appendix D has been redesigned: Target’s 2008, 2009, and 2010 financial statements have been loaded into an Excel spreadsheet that is available on the OLC. The income statement shown in the spreadsheet has been revised to better reflect the income statement format and wording used in the textbook. Credit card revenues (interest income) are moved to the nonoperating section, enabling the project solution for gross margin percentages to agree to those identified in the Management Discussion & Analysis section of the annual report. A multiple choice project quiz is available in Connect. Contents Chapter 1 An Introduction to Accounting Section 1: Collecting and Organizing Information Section 2: Reporting Information Chapter 2 Accounting for Accruals and Deferrals Section 1: Accounting for Accruals Section 2: Accounting for Deferrals Chapter 3 The Double-Entry System Chapter 4 Accounting for Merchandising Businesses Chapter 5 Accounting for Inventories Chapter 6 Internal Control and Accounting for Cash Chapter 7 Accounting for Receivables Chapter 8 Accounting for Long-Term Operational Assets Chapter 9 Accounting for Current Liabilities and Payroll Chapter 10 Accounting for Long-Term Debt Chapter 11 Proprietorships, Partnerships, and Corporations Chapter 12 Statement of Cash Flows Chapter 13 Financial Statement Analysis 13-0 (ONLINE ONLY) Appendix A Accessing the EDGAR Database through the Internet Appendix B Portion of the Form 10-K for Target Corporation Appendix C Summary of Financial Radios Appendix D Annual Report and Financial Statement Analysis Projects Appendix E Accounting for Investment Securities Appendix F Time Value of Money Glossary NEW *9780077862268* FINANCIAL ACCOUNTING Making the Connection By David Spiceland, University of Memphis, Wayne Thomas, University of Oklahoma and Don Hermann, Oklahoma State University 2013 (January 2012) / 672 pages ISBN: 9780077862268 www.mhhe.com/spicelandMTC1e Financial Accounting: Making the Connection 1e, has been developed based on the great success of Financial Accounting 2e, Spiceland, Thomas, Herrmann. 2e was developed with feedback from over 330 reviewers and focus group participants from across the country. With the usage of digital resources growing exponentially, and high Connect usage rates among instructors and students using Financial Accounting, 2e, Financial Accounting: Making the Connection 1e, removes all end of chapter content from the 2e print text, and houses it exclusively in Connect. The result is the same highly successful content contained in 2e, without the added page length of end of chapter problems and exercises. Financial Accounting: Making the Connection, 1e also provides additional study materials and explanations through short tutorial videos and practice activities that can be accessed via SmartPhone by scanning the Quick Response codes in the margin. Just like with Financial Accounting 2e, the authors, David Spiceland, Wayne Thomas and Don Herrmann, have developed a unique text based on over 50 collective years of experience in the classroom. They’ve brought together best practices like highlighting Common Mistakes, offering frequent Let’s Review exercises, integrating the course with a running Continuing Problem, demonstrating the relevance of the course to non-majors with a Career Corner, and communicating it all in a student-friendly Conversational Writing Style. FEATURES Conversational Writing Style The authors took special care to write a textbook that fosters a friendly dialogue between the text and 11 Accounting each individual student. The tone of the presentation is intentionally conversational – creating the impression of speaking with the student, as opposed to teaching to the student. where reviewers noted that we needed mid-chapter exercises that provided a more comprehensive and meaningful review of key chapter segments. Common Mistakes boxes highlight mistakes made by financial accounting students throughout each of the chapters. With greater awareness of the pitfalls the average student will find in their first accounting class, students can avoid making the same mistakes and gain a deeper understanding of the chapter material. IFRS boxes appear in select chapters and marginal notes are in the IFRS appendix (E) highlighting differences between GAAP and IFRS. The Flip Side feature demonstrates how various transactions are viewed by each participant. Including the “flip side” of a transaction - in context - enhances the student’s understanding of both the initial and the related transaction. Selected homework in the end-ofchapter materials also includes the Flip Side transactions for students to reinforce their understanding of this concept. Continuing Problem The story of Great Adventures progresses from chapter to chapter, encompassing the accounting issues of each new chapter as the story unfolds. This progressive problem allows students to see how each chapter’s topics can be integrated into the operations of a single company. Decision Maker’s Perspective Each chapter includes one or more distinctive Decision Maker’s Perspective sections, which offer insights into how the information discussed in the chapters affects decisions made by investors, creditors, managers, and others. Each chapter also contains Decision Points highlighting specific decisions in the chapter that can be made using financial accounting information. This feature competes directly with Kimmel’s Decision Toolkit. Real World Focus Students learn best when they see how concepts are applied in the real world. For that reason, real-world examples from companies, such as Dell and Apple, are used extensively and routinely to enhance the presentation. The real-world focus adds realism to discussions and serves as the foundation for exercises, problems, and cases. Strong Supplements Package The authors write all of the major supplements for Financial Accounting, including the Testbank, Solutions Manual, and Instructor’s Manual. With iPod material, narrated PowerPoints, online quizzing, Working Papers, Excel templates and QuickBooks templates integrated into the end-of-chapter material, Spiceland’s Financial Accounting provides the cutting-edge technology demanded by today’s accounting instructors and students. Unique End-of-Chapter Cases The Additional Perspectives section of each chapter offers the most distinctive variety of case material available in financial accounting textbooks. Cases and activities are designed to allow students to apply the knowledge and skills they’ve learned in provocative, real or realistic situations. Each chapter offers an engaging mix of activities and opportunities to perform real-world financial accounting analysis. The Inventory (6) chapter has been edited to correspond with reviewer comments. The authors heavily revised Part B, “Recording Inventory Transactions,” to focus only on the perpetual system. (In the body of the chapter, entries for periodic no longer appear sideby-side with those for perpetual.) They also added a new Appendix A, “Recording Inventory Transactions Using a Periodic System.” In the new appendix, journal entries for periodic and perpetual appear side-by-side, as they did in the body of the chapter in 1e. The same content development editor (Ann Torbert, director of development) who edited Kimmel’s Financial Accounting worked closely with the authors on every chapter of 2e. Ann worked with the authors on every line, every illustration and every problem to ensure we have market-leading material in every chapter. Concise Chart of Accounts appears in Ch. 2 and a full Chart of Accounts has been added to the inside back cover. Account titles used in text and EOC have been revised to be consistent with Chart of Accounts as well. Let’s Review exercises take the place of Stop and Go and Quick Quiz features. These were changed in response to review feedback, 12 Marginal Accounting Equation Analyses clearly demonstrate the equality of the accounting equation, as well as the effects of the transactions on the stockholders’ equity accounts. Marginal Equation Analyses appear where there is no existing mini-financial statement display. Analysis Section comparing 2 well-known, publicly traded companies, appears at the end of chapters 4-11. Chapter 12 provides a comprehensive financial analysis of UnderArmour and Nike. Earnings Management Cases are included in chapters 5-12. CONTENTS 1. Accounting Information and Decision Making 2. The Accounting Information System 3. The Financial Reporting Process 4. Cash and Internal Controls 5. Receivables and Sales 6. Inventory and Cost of Goods Sold 7. Long-Term Assets 8. Current Liabilities 9. Long-Term Liabilities 10. Stockholders’ Equity 11. Statement of Cash Flows 12. Financial Statement Analysis Appendix A – Annual Report of American Eagle Appendix B – Annual Report of The Buckle Appendix C – Time Value of Money Appendix D – Investments Appendix E – International Financial Reporting Standards Appendix F— Additional Perspective cases and activities NEW *9780078025389* FINANCIAL ACCOUNTING Information for Decisions, 6th Edition By John Wild, University of Wisconsin at Madison 2013 (January 2012) / 744 pages ISBN: 9780078025389 www.mhhe.com/wildFA6e Contents Chapter 1: Introducing Accounting in Business Chapter 2: Analyzing and Recording Transactions Chapter 3: Adjusting Accounts and Preparing Financial Statements Chapter 4: Reporting and Analyzing Merchandising Operations Chapter 5: Reporting and Analyzing Inventories Chapter 6: Reporting and Analyzing Cash and Internal Controls Chapter 7: Reporting and Analyzing Receivables Chapter 8: Reporting and Analyzing Long-Term Assets Chapter 9: Reporting and Analyzing Current Liabilities Chapter 10: Reporting and Analyzing Long-Term Liabilities Accounting Chapter 11: Reporting and Analyzing Equity Chapter 12: Reporting and Analyzing Cash Flows Chapter 13: Analyzing and Interpreting Financial Statements Appendix A: Financial Statements Information Appendix B: Applying Present and Future Values Appendix C: Investments and International Operations Appendix D: Reporting and Analyzing Partnerships (online only www. mhhe.com/wildfa6e) Appendix E: Reporting and Analyzing Special Journals (online only www.mhhe.com/wildfa6e) NEW *9780077132682* AN INTRODUCTION TO FINANCIAL ACCOUNTING 7th Edition By Andrew Thomas, University of Birmingham and Ann Mary Ward 2012 (January 2012) / 872 pages ISBN: 9780077132682 McGraw-Hill UK Title www.mcgraw-hill.co.uk/textbooks/thomas The new seventh edition of Introduction to Financial Accounting by Andrew Thomas and Anne Marie Ward has been fully revised and updated to reflect the very latest developments in this dynamic field and offers contemporary and comprehensive coverage of Financial Accounting today. New to this edition Fully revised and updated to include the latest developments in both the International Accounting Standards (IAS) and International Financial Reporting Standards (IFRS). Part One has been revised to feature a new chapter to greater reflect the history and purpose Contents Part 1: The Framework of Accounting 1. Entities and financial reporting statements 2. International accounting: institutional framework and standards 3. The history and purpose of the conceptual framework 4. The nature and objectives of financial accounting (corporate social responsibility and accountability) 5. Accounting principles, concepts and policies 6. The conceptual framework of accounting 7. Auditing, corporate governance and ethics Part 2: Double-entry bookkeeping (recording transactions and the books of account) 8. The accounting equation and its components 9. Basic documentation and books of account 10. Double entry and the general ledger 11. The balancing of accounts and the trial balance 12. Day books and the journal 13. The cash book 14. The petty cash book Part 3: Preparing final financial statements for sole traders 15. The final financial statements of sole traders (introductory) 16. Depreciation and non-current assets 17. Bad debts and provisions for bad debts 18. Accruals and prepayments 19. The preparation of final financial statements from the trial balance (advanced) Part 4: Internal control and check 20. The bank reconciliation statement 21. Control accounts 22. Errors and suspense accounts 23. Single entry and incomplete records Part 5: Preparing final financial statements for manufacturing entities 24. Inventory valuation 25. Financial statements for manufacturing entities Part 6: Clubs 26. The final financial statements of clubs Part 7: Partnerships 27. The final financial statements of partnerships 28. Changes in partnerships 29. Partnership dissolution and conversion to a limited company Part 8: Companies 30. The nature of limited companies and their capital 31. The final financial statements of limited companies 32. Statement of cash flows 33. The appraisal of company financial statements using ratio analysis of the accounting framework. Increased coverage of Corporate Social Responsibility (CSR) and new coverage of Environmental Accounting has been included to reflect the growing importance of these issues in financial accounting today. Over 50 brand new real world examples from companies such as Tesco, Ryanair, BP, Nortel and Marks & Spencer’s help illustrate accounting concepts and bring the subject to life. Plentiful worked examples and assessment material give students the opportunity to practise key concepts and techniques. Review questions are highlighted by level of difficulty to offer progressive learning and some solutions can be found at the end of the book. Excellent supplements package – packed with a wealth of additional online material for instructors and students as well as additional assessment platforms and practise resources to aid learning. REVIEW COPY (Available for course adoption only) To request for a review copy, contact your local McGraw-Hill representatives or, fax the Review Copy Request Form found in this catalog or, e-mail your request to mghasia_sg@mcgraw-hill.com or, submit online at www.mheducation.asia 13 Accounting NEW *9780077328702* FINANCIAL ACCOUNTING 15th Edition By Jan Williams, University of TennesseeKnoxville, Sue Haka, Michigan State University-East Lansing, Mark S Bettner, Bucknell University and Joseph V Carcello, University of Tennessee-Knoxville International edition FUNDAMENTAL FINANCIAL ACCOUNTING CONCEPTS 7th Edition Thomas P Edmonds, University of Alabama at Birmington, Frances M McNair, Mississippi State University and Philip R Olds, Virginia Commonwealth University 2011 (January 2010) / 800 pages ISBN: 9780073527123 ISBN: 9780071220712 [IE] www.mhhe.com/edmonds7e 2012 (January 2011) / 800 pages ISBN: 9780077328702 www.mhhe.com/williamsfinancial15e While many texts characterize themselves as having either a “user” approach or a “preparer” approach, Williams’ Financial Accounting is written for faculty who want to strike a balance between these approaches. Business majors will find relevance in the “Ethics, Fraud & Corporate Governance,” “Your Turn” and “Case in Point” boxes throughout the chapters while accounting majors will receive a firm grounding in accounting basics that will prepare them for their intermediate course. New to this edition New International Financial Reporting Standards (IFRS) coverage throughout the book introduces students to the concept in relation to important topics in accounting such as LIFO, statement of cash flows, and fixed assets NEW! McGraw-Hill’s Connect uses end-of-chapter material pulled directly from the textbook to create static and algorithmic questions that can be used for homework and practice tests. Contents Chapter 1: Accounting: Information for Decision Making Chapter 2: Basic Financial Statements Chapter 3: The Accounting Cycle: Capturing Economic Events Chapter 4: The Accounting Cycle: Accruals and Deferrals Chapter 5: The Accounting Cycle: Reporting Financial Results Comprehensive Problem 1: Susquehanna Equipment Rentals Chapter 6: Merchandising Activities Chapter 7: Financial Assets Chapter 8: Inventories and the Cost of Goods Sold Comprehensive Problem 2: Guitar Universe, Inc. Chapter 9: Plant and Intangible Assets Chapter 10: Liabilities Chapter 11: Stockholders’ Equity: Paid-in Capital Comprehensive Problem 3: McMinn Retail, Inc. Chapter 12: Income and Changes in Retained Earnings Chapter 13: Statement of Cash Flows Chapter 14: Financial Statement Analysis Comprehensive Problem 4: Home Depot, Inc. Chapter 15: Global Business and Accounting Appendix A: 2009 Home Depot Financial Statements Appendix B: The Time Value of Money: Future Amounts and Present Values Students are often overwhelmed by the amount of information presented in the introductory financial accounting course. By focusing on fundamental concepts in a logical sequence, students are able to fully comprehend the material rather than memorize seemingly unrelated terms and topics. The goal of Fundamental Financial Accounting Concepts is to enable students to understand how any given business event affects the financial statements. The “financial statements model” is a highly praised feature because it allows students to visualize the simultaneous impact of business events on all of the key financial statements (the income statement, the balance sheet, and the statement of cash flows). Contents Chapter 1: An Introduction to Accounting Chapter 2: Understanding the Accounting Cycle Chapter 3: The Double-Entry Accounting System Chapter 4: Accounting for Merchandising Businesses Chapter 5: Accounting for Inventories Chapter 6: Internal Control and Accounting for Cash Chapter 7: Accounting for Receivables Chapter 8: Accounting for Long-Term Operational Assets Chapter 9: Accounting for Current Liabilities and Payroll Chapter 10: Accounting for Long-Term Debt Chapter 11: Proprietorships, Partnerships, and Corporations Chapter 12: Statement of Cash Flow Chapter 13: (Online) Financial Statement Analysis Appendix A: Accessing the EDGAR Database through the Internet Appendix B: Portion of the Form 10-K for Target Corporation Appendix C: Summary of Financial Ratios Appendix D: Annual Report and Financial Statement Analysis Project Appendix E: Accounting for Investment Securities Appendix F: Time Value of Money Invitation to Publish McGraw-Hill is interested to review your textbook proposals for publication. Please contact your local McGraw-Hill office or email to asiapub@mcgraw-hill.com. Visit McGraw-Hill Education (Asia) Website: http://www.mheducation.asia/publish/ 14 Accounting Global edition financial accounting 7th Edition By Robert Libby, Cornell University-Ithaca, Patricia Libby, Ithaca College and Daniel G Short, Texas Christian University 2011 (September 2010) / 896 pages ISBN: 9780078111020 ISBN: 9780071313940 [GE] www.mhhe.com/libby7e Libby/Libby/Short wrote this text based on their belief that the subject of financial accounting is inherently interesting, but financial accounting textbooks are often not. They believe most financial accounting textbooks fail to demonstrate that accounting is an exciting field of study and one that is important to future careers in business. When writing this text, they considered career relevance as their guide when selecting material, and the need to engage the student as their guide to style, pedagogy, and design. Libby/Libby/Short is the only financial accounting text to successfully implement a real-world, single focus company approach in every chapter. Students and instructors have responded very favorably to the use of focus companies and the real-world financial statements. The companies chosen are engaging and the decision-making focus shows the relevance of financial accounting regardless of whether or not the student has chosen to major in accounting. Contents Chapter 1: Financial Statements and Business Decisions Focus company: Maxidrive Corporation Chapter 2: Investing and Financing Decisions and the Balance Sheet Focus company: Papa John’s International Chapter 3: Operating Decisions and the Income Statement Focus company: Papa John’s International Chapter 4: Adjustments, Financial Statements, and the Quality of Earnings Focus company: Papa John’s International Chapter 5: Communicating and Interpreting Accounting Information Focus company: Callaway Golf Chapter 6: Reporting and Interpreting Sales Revenue, Receivables, and Cash Focus company: Deckers Outdoor Corporation Chapter 7: Reporting and Interpreting Cost of Goods Sold and Inventory Focus company: Harley-Davidson, Inc. Chapter 8: Reporting and Interpreting Property, Plant, and Equipment; Natural Resources; and Intangibles Focus company: Southwest Airlines Chapter 9: Reporting and Interpreting Liabilities Focus company: Starbucks Chapter 10: Reporting and Interpreting Bonds Focus company: Burlington Northern Santa Fe Chapter 11: Reporting and Interpreting Owners’ Equity Focus company: Kroger Chapter 12: Reporting and Interpreting Investments in Other Corporations Focus company: The Washington Post Company Chapter 13: Reporting and Interpreting Investments in Other Corporations Focus company: National Beverage Corp. Chapter 14: Analyzing Financial Statements Focus company: Home Depot Appendix A: Present and Future Value Tables Appendix B: American Eagle Outfitters Annual Report Appendix C: Pacific Sunwear 2004 Annual Report Appendix D: Industry Ratio Report International edition FUNDAMENTALS OF FINANCIAL ACCOUNTING WITH ANNUAL REPORT 3rd Edition By Fred Phillips, University of Saskatchewan, Robert Libby, Cornell University and Patricia Libby, Ithaca College 2011 (January 2010) ISBN: 9780077344931 ISBN: 9780071313780 [IE] www.mhhe.com/phillips3e Fundamentals of Financial Accounting, presents an engaging, balanced, and appropriately paced analysis of the fundamentals of financial accounting. Its conversational writing style makes it easy to read and understand, while the selection of real focus companies reinforces the relevance of accounting by introducing students to accounting and business activities in the context of their favorite companies. Balance between preparer and user orientations is achieved throughout the book, by studying both the accounting activities that take place inside the company, as well as evaluating their impact on decisions, and users outside the company. Topic coverage is paced appropriately for students new to accounting, and is thoroughly reinforced every step of the way with an ample variety of innovative pedagogical tools. Clearly understandable, relevant, and accessible, Fundamentals of Financial Accounting is simply the most student-friendly financial book on the market and provides the tools for students to grasp financial accounting from the ground up. Contents Chapter 1: Business Decisions and Financial Accounting Chapter 2: Reporting Investing and Financing Results on the Balance Sheet Chapter 3: Reporting Operating Results on the Income Statement Chapter 4: Adjustments, Financial Statements, and Financial Results Chapter 5: Financial Reporting and Analysis Chapter 6: Internal Control and Financial Reporting for Cash and Merchandise Sales Chapter 7: Reporting and Interpreting Inventories and Cost of Goods Sold Chapter 8: Reporting and Interpreting Receivables, Bad Debt Expense, and Interest Revenue Chapter 9: Reporting and Interpreting Long-Lived Tangible and Intangible Assets Chapter 10: Reporting and Interpreting Liabilities Chapter 11: Reporting and Interpreting Stockholders’ Equity Chapter 12: Reporting and Interpreting the Statement of Cash Flows Chapter 13: Measuring and Evaluating Financial Performance Appendix A: Excerpts from the Fiscal 2008 Annual Report of The Home Depot, Inc Appendix B: Excerpts from the Fiscal 2008 Annual Report of Lowe’s Companies, Inc Appendix C: Present and Future Value Concepts Appendix D: Reporting and Interpreting Investments in Other Corporations (at text website www.mhhe.com/phillips3e) All Global Editions are adapted to better meet the needs of courses outside the United States. Please contact your local sales representative for more details. 15 Accounting International edition FINANCIAL ACCOUNTING 2nd Edition By J David Spiceland, University of Memphis, Wayne M Thomas, University of Oklahoma-Norman and Don Herrmann, Oklahoma State University-Stillwater 2011 (October 2010) / 736 pages ISBN: 9780078110825 ISBN: 9780071088381 [IE] www.mhhe.com/succeed David Spiceland, Wayne Thomas and Don Herrmann have developed a unique text based on over 50 collective years of experience in the classroom. They’ve brought together best practices like highlighting Common Mistakes, offering frequent Let’s Review exercises, integrating the course with a running Continuing Problem, demonstrating the relevance of the course to non-majors with a Career Corner, and communicating it all in a student-friendly Conversational Writing Style. The new 2nd edition of Financial Accounting, Spiceland, Thomas, Herrmann, has been developed with feedback from over 330 reviewers and focus group participants from across the country. The following list of changes and improvements is a testament to the many hours that reviewers spent analyzing the 1st edition, helping make Financial Accounting, 2nd edition, the best book of its kind. Contents 1. Accounting Information and Decision Making 2. The Accounting Information System 3. The Financial Reporting Process 4. Cash and Internal Controls 5. Receivables and Sales 6. Inventory and Cost of Goods Sold 7. Long-Term Assets 8. Current Liabilities 9. Long-Term Liabilities 10. Stockholders’ Equity 11. Statement of Cash Flows 12. Financial Statement Analysis Appendix A – Annual Report of American Eagle Appendix B – Annual Report of The Buckle Appendix C – Time Value of Money Appendix D – Investments Appendix E – International Financial Reporting Standards Asian Adaptation FINANCIAL ACCOUNTING An IFRS Perspective By John Wild, ken Shaw, Barbara Chiappetta and Winston Kwok (NUS) 2011 (July 2010) / 664 pages ISBN: 9780071288972 An Asian Adaptation www.mheducation.asia/olc/wildkwok Financial Accounting: Information for Decisions provides leading accounting content that engages and motivates students. It helps students to develop good decision-making habits as they prepare, analyze, and apply accounting information. It also includes the current financial reports of Nestle, Kraft Foods, and Adidas to further reinforce real-world relevance of accounting concepts. Contents Chapter 1 Introducing Accounting in Business Importance of Accounting Fundamentals of Accounting Transaction Analysis and the Accounting Equation Financial Statements Decision Analysis—Return on Assets 16 Chapter 2 Analyzing and Recording Transactions Analyzing and Recording Process Analyzing and Processing Transactions Trial Balance Decision Analysis—Debt Ratio Chapter 3 Adjusting Accounts and Preparing Financial Statements Timing and Reporting Adjusting Accounts Preparing Financial Statements Closing Process Classified Balance Sheet Decision Analysis—Profit Margin and Current Ratio Appendix 3A Alternative Accounting for Prepayments Appendix 3B Work Sheet as a Tool Appendix 3C Reversing Entries Chapter 4 Reporting and Analyzing Merchandising Operations Merchandising Activities Accounting for Merchandise Purchases Accounting for Merchandise Sales Completing the Accounting Cycle Financial Statement Formats Decision Analysis—Acid-Test and Gross Margin Ratios Appendix 4A Periodic (and Perpetual) Inventory System Appendix 4B Work Sheet—Perpetual System Chapter 5 Reporting and Analyzing Inventories Inventory Basics Inventory Costing under a Perpetual System Valuing Inventory at LCM and the Effects of Inventory Errors Decision Analysis—Inventory Turnover and Days’ Sales in Inventory Appendix 5A Inventory Costing under a Periodic System Appendix 5B Inventory Estimation Methods Chapter 6 Reporting and Analyzing Cash and Internal Controls Internal Control Control of Cash Banking Activities as Controls Decision Analysis—Days’ Sales Uncollected Appendix 6A Documents in a Voucher System Appendix 6B Control of Purchase Discounts Chapter 7 Reporting and Analyzing Receivables Accounts Receivable Notes Receivable Disposing of Receivables Decision Analysis—Accounts Receivable Turnover Chapter 8 Reporting and Analyzing Long-Term Assets SECTION 1—PROPERTY, PLANT AND EQUIPMENT Cost Determination Depreciation Additional Expenditures Disposals of Property, Plant and Equipment SECTION 2—NATURAL RESOURCES SECTION 3—INTANGIBLE ASSETS 329 Decision Analysis—Total Asset Turnover 331 Appendix 8A Exchanging Property, Plant and Equipment 335 Chapter 9 Reporting and Analyzing Current Liabilities Characteristics of Liabilities Known (Determinable) Liabilities Estimated Liabilities Contingent Liabilities Decision Analysis—Times Interest Earned Ratio Chapter 10 Reporting and Analyzing Long-Term Liabilities Basics of Bonds Bond Issuances Bond Retirement Long-Term Notes Payable Decision Analysis—Debt Features and the Debt-to-Equity Ratio Appendix 10A Present Values of Bonds and Notes Appendix 10B Effective Interest Amortization Accounting Appendix 10C Issuing Bonds between Interest Dates Appendix 10D Leases and Pensions Chapter 11 Reporting and Analyzing Equity Corporate Form of Organization Common Stock Dividends Preferred Stock Treasury Stock Reporting of Equity Decision Analysis—Earnings per Share, Price-Earnings Ratio, Dividend Yield, and Book Value per Share Chapter 12 Reporting and Analyzing Cash Flows Basics of Cash Flow Reporting Cash Flows from Operating Cash Flows from Investing Cash Flows from Financing Decision Analysis—Cash Flow Analysis Appendix 12A Direct Method of Reporting Operating Cash Flows Chapter 13 Analyzing and Interpreting Financial Statements Basics of Analysis Horizontal Analysis Vertical Analysis Ratio Analysis Decision Analysis—Analysis Reporting Appendix 13A Sustainable Income Appendix A Financial Statement Information Nestlé Kraft Foods Adidas Appendix B Time Value of Money B-1 Glossary Credits Index Chart of Accounts FINANCIAL ACCOUNTING with IFRS Fold Out Primer, 5th Edition By John J Wild, University of Wisconsin at Madison 2011 (January 2010) / 736 pages ISBN: 9780077408770 www.mhhe.com/wild5e FINANCIAL ACCOUNTING: Information for Decisions, 5th Edition addresses the topics and issues typically covered in Financial Accounting while at the same time motivating student interest in accounting through the extensive use of entrepreneurial examples, application of analysis skills, integration of interactive tutorial software, and a highly engaging pedagogical design. This book thoroughly integrates ideas and practices followed by today’s business entrepreneurs, speaking more directly to students and better preparing them to enter the workforce. New to this edition Integrated Apple iPod Content: Each chapter features icons connecting course content with learning resources available for download with the Apple iPod. Available downloads include audioonly lectures, lecture slideshows, narrated lecture slideshows, and educational videos. New Presentation of Transaction Analysis: Identify – Analyze – Record – Post: a more logical and simple presentation of transaction analysis that students understand. The change from the forth edition to this approach came directly from reviewer feedback. handy 8-page laminated fold-out reference tool packaged free with new copies of the text. New IFRS (International Financial Reporting Standards) Boxes: These boxes reflect recent developments in the business world that are relevant to accounting practice and how IFRS may differ from current practices in the U.S. GAAP reporting. New Global View section: Financial accounting according to U.S. GAAP is similar, but not identical, to IFRS. Towards the end of each chapter, a new “Global View” section highlights international accounting practices, including the similarities and differences for financial reporting under IFRS versus U.S. GAAP relating to topics covered within that chapter. Most chapters use GOME’s financial statements as compared to Best Buy to illustrate the differences/similarities between these financial reporting rules and concepts. New Feature Company: Students are provided relevant, realworld companies as a resource tool and motivating force in learning accounting. Best Buy is the new feature company, which means that each chapter has selected assignments that require student to use, analyze, or interpret its accounting data. New Comparative Companies: For comparative purposes with Best Buy, students are provided the financial statements of RadioShack. Assignments are included that ask students to compare and interpret Best Buy, and RadioShack data. GOME, a Hong Kong based-company, serves as a global comparison for Best Buy and RadioShack Selected 2009 financial data for all three companies is included in end-of-book Appendix A. Each of these companies is integrated into the end-of-chapter material. Finally, Apple financial statements are also included along assignments for each chapter. NEW! McGraw-Hill’s Connect uses end-of-chapter material pulled directly from the textbook to create static and algorithmic questions that can be used for practice, homework, quizzes, and tests. FA 5e Connect also includes The Personal Learning Plan (PLP) that connects each student to the learning resources needed for success in the course. For each chapter, students: Take a practice test to initiate the Personal Learning Plan; Immediately upon completing the practice test, see how their performance compares to chapter learning objectives within chapters; Receive a Personal Learning Plan that recommends specific readings from the text, supplemental study material, and practice work that will improve their understanding and mastery of each learning objective. All new texts come bundled with Connect Plus at no additional cost. CONTENTS 1 Introducing Accounting in Business 2 Analyzing and Recording Business Transactions 3 Adjusting Accounts and Preparing Financial Statements 4 Reporting and Analyzing Merchandising Operations 5 Reporting and Analyzing Inventories 6 Reporting and Analyzing Cash and Internal Controls 7 Reporting and Analyzing Receivables 8 Reporting and Analyzing Long-Term Assets 9 Reporting and Analyzing Current Liabilities 10 Reporting and Analyzing Long-Term Liabilities 11 Reporting and Analyzing Equity 12 Reporting and Analyzing Cash Flows 13 Analyzing and Interpreting Financial Statements Appendix A: Financial Statements Information Appendix B: Applying Present and Future Values Appendix C: Investments and International Operations *Appendix D: Reporting and Analyzing Partnerships *Appendix E: Reporting and Preparing Special Journals New IFRS (International Financial Reporting Standards) Quick Reference Guide: This reference toll sets the stage for IFRS mapping similarities and differences to GAAP for each text chapter in a 17 Accounting ACCOUNTING MADE EASY 2nd Edition By Rajesh Agrawal, International Crops Research Institute for Semi Arid Tropics and R Srinivasan, Professor IIM Bangalore 2010 (July 2010) / 224 pages ISBN: 9780070700987 McGraw-Hill India Title This new edition of Accounting Made Easy continues to provide a simple and easy-to-assimilate introduction to the subject of Financial Accounting. The structure of the book has been defined and built around two levels. The first level helps the readers to build an understanding of accounting in a step-by-step manner. The second level builds a bridge between the accounting learnt in the first level and the real-world accounting. The book follows a novel ‘Learn by Doing’ approach which engages the reader in work modules while one reads the book. Contents Level I The Green Company (Cash & Trading) The Yellow Company (Credit & Trading The Blue Company (Credit & Manufacturing) The Brown Company (More Manufacturing) The Red Company (A Brief Strategy) The Orange Company Learning from Level I Level II Simple T-Accounts: An Introduction Simple T-Accounts: Do-It-Yourself Taking Stock of Stocks Complex T- Accounts: An Introduction Complex T- Accounts: Do-It-Yourself Accounting Systems: Cash Book, Journal and Ledgers Learning from Accounting Scams Accounting Concepts and the Policy Learning from this Book financial accounting By S John Gabriel, Madras Christian College-Chennai and A Marcu, Loyola College-Chennai 2010 (July 2010) / 1076 pages ISBN: 9780070682177 McGraw-Hill India Title This book aims at discussing the basic as well as advanced concepts of financial accounting. The focus of this book is on the principles and tools of financial accounting and their application. This book covers the syllabus of Financial Accounting of the undergraduate courses of University of Madras as well as other universities in South I region. This book will meet the requirements of the students of this subject in a comprehensive manner. Contents Unit I 1. Introduction to Accounting 2. Accounting Cycle –Journal and Ledger 3. Cash Book Petty Cash Book 4. Subsidiary Books 5. Trial Balance Unit II 6. Final accounts of Sole Trading Concerns Unit III 7. Single entry Unit IV 8. Accounting for Non-Trading concerns – all methods Unit V 9. Depreciation Unit VI 18 10. Rectification of Errors 11. Bank Reconciliation Statement Unit VII 12. Self balancing ledger – meaning – procedure – self balancing journal entries – self balancing ledgers – transfer from one ledger to another 13. Insurance claims – normal loss – abnormal loss Unit VIII 14. Hire purchase & installment – including Hire purchasing trading account Unit IX 15. Branch accounts – excluding foreign branches 16. Departmental accounts – Transfers at cost or selling price Unit X 17. Average due date – calculation of due date based on holidays intervention – interest calculation 18. Account current – methods of calculation of interest – product method – red ink interest method – époque method – periodic balance method Unit XI 19. Royalty accounts – accounting treatment in the books of lessor and lessee – sub lease Unit XII 20. Insolvency of individual and firm Unit XIII 21. Bills of exchange – Trading and Accommodation bills – Renewals – Dishonour due to insolvency – Retiring of bills Unit XIV 22. Accounting for goods sent on ‘ Sale or Return basis’ 23. Investment Accounts 24. Voyage accounts Unit XV 25. Consignment accounts – invoicing goods at cost price – proforma invoice price – valuation of unsold stocks – accounting treatment of normal loss and abnormal loss 26. Joint venture accounts – recording in individual venturer’s book – recording in separate set of books Unit XVI 27. Human Resource accounting 28. Inflation accounting Unit XVII 29. Definition – provision relating to partnership – capital and current accounts of partners – fixed and fluctuating – appropriation of profits – past adjustments and guarantee – final accounts of firms 30. Introduction – Admission of a Partner – Treatment of goodwill – Revaluation of assets and liabilities – calculation of ratios for distribution of profits – capital adjustments 31. Retirement of partner – calculation of gaining ratio-Revaluation of assets and liabilities-Treatment of goodwill – adjustment of goodwill through capital account only-settlement of accounts retiring partner’s loan account with equal installments only 32. Death of a partner – treatment of JLP – settlement of amount due to legal representatives of deceased partner 33. Dissolution – insolvency of partners – garner Vs murray – insolvency of all partners – deficiency accounts – piecemeal distribution – proportionate capital method only 34. Amalgamation of firms – creation of new firm – sale to a company Accounting FINANCIAL ACCOUNTING Including International Financial Reporting Standards (IFRS) By Jan R Williams, Sue F Haka, Mark S Bettner, Joseph V Carcello, Nclson Lam and Peter Lau 2010 (August 2010) / 816 pages ISBN: 9780071288965 An Asian Publication www.mheducation.asia/olc/williamlamlau While many texts are characterized as having either a “user” approach or a “preparer” approach, Financial Accounting: Including International Financial Reporting Standards is written for faculty who want to strike a balance between these approaches. Business majors will find relevance in the “Ethics, Fraud & Corporate Governance,” “Your Turn” and “Case in Point” boxes throughout the chapters while accounting majors will receive a firm grounding in accounting basics that will prepare them for their intermediate course. In addition, the textbook incorporates examples, case studies, and questions drawn from Asian contexts and practices. Combined with robust end-ofchapter exercises and exciting interactive supplementary materials, Financial Accounting: Including International Financial Reporting Standards is absolutely relevant and essential for instructors and students in the region. CONTENTS 1 Accounting: Information for Decision Making 2 Basic Financial Statements 3 The Accounting Cycle: Capturing Economic Events 4 The Accounting Cycle: Accruals and Deferrals 5 The Accounting Cycle: Reporting Financial Results Comprehensive Problem 1: Susquehanna Equipment Rentals 6 Merchandising Activities 7 Financial Assets 8 Inventories and the Cost of Goods Sold Comprehensive Problem 2: Guitar Universe Company 9 Property, Plant, and Equipment, Intangible Assets and Natural Resources 10 Liabilities 11 Shareholders’ Equity: Capital Comprehensive Problem 3: McMinn Retail Limited 12 Profit and Changes in Retained Earnings 13 Statement of Cash Flows 14 Financial Statement Analysis Comprehensive Problem 4: Adidas AG, Herzogenaurach 15 Global Business and Accounting Appendix A: Adidas AG, Herzogenaurach 2009 Consolidated Group Financial Statements (IFRS) and Additional Information Appendix B: The Time Value of Money: Future Amounts and Present Values Index FINANCIAL ACCOUNTING AND REPORTING By Bill Collins and John McKeith of University of Stirling 2009 / 608 pages ISBN: 9780077114527 McGraw-Hill UK Title www.mcgraw-hill.com.uk/textbooks.collins Financial Accounting and Reporting by Bill Collins and John McKeith takes an uncomplicated, step-by-step approach to intermediate level financial accounting for specialist students. Its unique three-part chapter structure builds up topic understanding without assuming too much prior knowledge, offering a manageable way to master the subject one step at a time. Contents 1. The Preparation and Regulation of Company Financial Statements 2. Non-Current (Fixed) Assets 3. Intangible Assets and Impairment of Assets 4. Leases 5. Inventories and Construction Contracts 6. Share Capital and Reserves 7. Liabilities 8. Income Taxes 9. Cash Flow Statements 10. Groups 11. Foreign Currency 12. Interpretation of Financial Statements AUSTRALIAN FINANCIAL ACCOUNTING 6th Edition By Craig Deegan, RMIT University in Melbourne 2009 ISBN: 9780070277748 McGraw-HIll Australia Title www.mhhe.com/au/deegan6e Australia’s market-leading financial accounting text provides students with a detailed grasp of reporting requirements in an accessible and engaging manner. Fully updated throughout, Australian Financial Accounting further develops and extends its coverage of consolidations and encompasses topical issues such as social and environmental accounting. Renowned for his clear writing style, Craig Deegan successfully communicates the detail necessary to understand, challenge and critically evaluate financial reporting. Complete in theoretical and practical coverage, this text gives students a strong foundation for current study and their future professional lives. Contents Part 1--The Australian Accounting Environment Ch 1. An overview of the Australian external reporting environment Ch 2. The conceptual framework of accounting and its relevance to financial reporting Part 2--Theories of Accounting Ch 3. Theories of accounting Part 3--Accounting for Assets Ch 4. An overview of accounting for assets Ch 5. Depreciation of property, plant and equipment Ch 6. Revaluations and impairment testing of non-current assets Ch 7. Inventory Ch 8. Accounting for intangibles Ch 9. Accounting for heritage assets and biological assets Part 4--Accounting for Liability and Owner’s Equity Ch 10. An overview of accounting for liabilities Ch 11. Accounting for leases Ch 12. Set-off and extinguishment of debt Ch 13. Accounting for employee benefits Ch 14. Share capital and reserves Ch 15. Accounting for financial instruments Ch 16. Revenue recognition issues Ch 17. The income statement Ch 18. Share-based payments Ch 19. Accounting for income tax Part 5--Accounting for the Disclosure of Cash Flows Ch 20. Statement of cash flows Part 6--Industry-specific Accounting Issues Ch 21. Accounting for the extractive industries Ch 22. Financial reporting of general insurance activity Ch 23. Accounting for superannuation plans Part 7--Other Disclosure Issues Ch 24. Events occurring after reporting date Ch 25. Financial reporting by segments Ch 26. Related party disclosures Ch 27. Earnings per share Part 8--Accounting for Equity Interests on Other Entities Ch 28. Accounting for group structures: an introduction to 19 Accounting consolidation accounting Ch 29. Further consolidation issues I: accounting for intragroup transactions Ch 30. Further consolidation issues II: minority interests Ch 31. Further consolidation issues III: accounting for indirect interests Ch 32. Further consolidation issues IV: accounting for changes in the degree of ownership of a subsidiary Ch 33. Accounting for equity investments Ch 34. Accounting for interests in joint ventures Part 9--Foreign currency Ch 35. Accounting for foreign currency transactions Ch 36. Translation of the accounts of foreign operations Part 10--Corporate Social-Responsibility Reporting Ch 37. Accounting for corporate social responsibility 29. The nature of limited companies and their capital 30. The final financial statements of limited companies 31. Statement of cash flows 32. The appraisal of company financial statements using ratio analysis Extra chapters available Online 33. UK accounting: institutional framework and standards 34. Changes in share capital 35. An introduction to consolidated financial statements 36. Value added tax, columnar books of prime entry and the payroll 37. The role of computers in accounting 38. Accounting for changing price levels International edition FINANCIAL ACCOUNTING INTRODUCTION TO FINANCIAL ACCOUNTING 6th Edition Andrew Thomas, University of Birmingham 2009 / 768 pages ISBN: 9780077122805 McGraw-Hill UK Title www.mcgraw-hill.co.uk/textbooks/thomas The sixth edition of Introduction to Financial Accounting has been fully revised and updated to provide comprehensive coverage of accounting in the 21st century. Retaining its short, student-friendly chapters and practical approach, it’s an essential text for students studying accounting for the first time. Contents Part 1: The basic framework of accounting 1. Entities and financial reporting standards 2. International accounting: institutional framework and standards 3. The nature and objectives of financial accounting 4. Accounting principles, concepts and policies 5. The conceptual framework of accounting 6. Auditing, corporate governance and ethics Part 2: Double-entry bookkeeping 7. The accounting equation and its components 8. Basic documentation and books of accounts 9. The general ledger 10. The balancing of accounts and the trial balance 11. Day books and the journal 12. The cash book 13. The petty cash book Part 3: Preparing final financial statements 14. The final financial statements of sole traders (in brief) 15. Depreciation and non-current assets 16. Bad debts and provisions for bad debts 17. Accruals and prepayments 18. The preparation of final financial statements from the trial balance Part 4: Internal control and check 19. The bank reconciliation statement 20. Control accounts 21. Errors and suspense accounts 22. Single entry and incomplete records Part 5: Preparing final financial statements for manufacturing entities 23. Inventory valuation 24. Financial statements for manufacturing entities Part 6: Clubs 25. The final financial statements of clubs Part 7: Partnerships 26. The final financial statements of partnerships 27. Changes in partnerships 28. Partnership dissolution and conversion to company status Part 8: Companies 20 A New Perspective By Paul E. Solomon 2004 / 768 pages ISBN: 9780071217187 [IE with PowerWeb] www.mhhe.com/solomon CONTENTS Chapter 1- Introduction to a Business: Cards & Memorabilia Unlimited Appendix 1-1 Cards & Memorabilia Unlimited Chapter 2- Analyzing the Transactions of a Business Chapter 3- Financial Statements and Their Relationships Chapter 4- The Balance Sheet Chapter 5- Using the Balance Sheet to Make Decisions Chapter 6- The Income Statement Chapter 7- Using the Income Statement to Make Decisions Chapter 8- The Statement of Cash Flows Chapter 9- The Accounting Process: Manual and Computerized Systems Appendix 9-1 Learning How to Use T-Account Analysis Chapter 10- Comparing Financial Statements by Entity and Industry Appendix 10-1 Learning How to Read Consolidated Financial Statements Chapter 11- How Operating Activities Affect Financial Statements Chapter 12- How Investing Activities Affect Financial Statements Appendix 12-1 Mastering Compound Interest Concepts (With Tables) Chapter 13- How Financing Activities Affect Financial Statements Appendix 13-1 Measuring and Reporting Leases Appendix 13-2 Accounting for Deferred Income Taxes Chapter 14- Applying What You Have Learned To Analyze the Gap Appendix 14-1 2001 Financial Information for the Gap, Inc. and for The Limited, Inc. Appendix 14-3 Creating a Statement of Cash Flows Appendix A Performance Objectives Appendix B Commonly Used Account Titles Appendix C Transactions A 1 through Z for Cards & Memorabilia Unlimited Accounting Financial Accounting Supplements SCHAUM’S EASY OUTLINE OF BOOKKEEPING AND ACCOUNTING Revised Edition By Joel Lerner, Sulivan County Community College 2012 (September 2011) / 144 pages ISBN: 9780071779753 A Schaum Publication Schaum’s Easy Outline of Bookkeeping and Accounting is a book for students looking for a quick nuts-and-bolts overview. This book is a pared-down, simplified, and tightly focused version of its predecessor, Schaum’s Outline of Bookkeeping and Accounting. With an emphasis on clarity and brevity, this title features a streamlined and updated format and the absolute essence of the bookkeeping and accounting, presented in a concise and readily understandable form. Expert tips for mastering bookkeeping and accounting Last-minute essentials to pass the course Easily-understood review of bookkeeping and accounting Supports all major textbooks for bookkeeping and accounting courses Covers all course fundamentals – supplements the major bookkeeping and accounting textbooks Appropriate for the following courses: Bookkeeping and Accounting, Principles of Accounting, Intermediate Accounting, Financial Accounting SCHAUM’S OUTLINE OF FINANCIAL ACCOUNTING Easy-to-follow review of financial accounting Supports all the major textbooks for financial accounting courses SCHAUM’S OUTLINE OF BOOKKEEPING AND ACCOUNTING 4th Edition By Joel J. Lerner, Sullivan County Community College and Rajul Gokarn 2010 (September 2009) / 480 pages ISBN: 9780071635363 A Schaum Publication Schaum’s Outline of Bookkeeping and Accounting is the ideal review and reference for your accounting class. Inside you’ll find explanations of the subject’s fundamentals and topics such as financial analysis, preparing cash flow statements, and the distinction between accounting for perpetual and periodic inventory system. It also includes a chapter on the most popular accounting software, which accounting students are expected to master before they graduate. Contents 1. Assets, Liabilities, and Capital 2. Debits and Credits: The Double-Entry System 3. Journalizing and Posting Transactions 4. Financial Statements 5. Adjusting and Closing Procedures 6. Computer Application: Peachtree Complete- Software Introduction 7. Repetitive Transaction: The Sales and the Purchases Journals 8. The Cash Journal 9. Summarizing and Reporting via the Worksheet 10. The Merchandising Company 11. Costing Merchandise Inventory 12. Pricing Merchandise 13. Negotiable Instruments 14. Controlling Cash 15. Payroll 16. Property, Plant, and Equipment: Depreciation 17. The Partnership 18. The Corporation Revised 2nd Edition By Jae K Shim, California State University and Joel G Siegel, Queens College 2012 (October 2011) / 360 pages ISBN: 9780071762502 A Schaum Publication Schaum’s Outline of Financial Accounting mirrors the course in scope and sequence to help enrolled students understand basic concepts and offer extra practice on topics such as income statements, balance sheets, ledgers, debits, credits, financial statements, accrued expenses, accrued revenue, condensed income statements, bank statements, interest computation, and notes payable. Coverage also includes current and noncurrent liabilities, bonds, stock splits, dividends, admitting a new partner, liquidating a partnership, solvency ratios, profitability ratios, cash and cash equivalents, and harmonization of accounting standards. 490 fully-solved problems REVIEW COPY Full coverage of accounting concepts, principles, and tools (Available for course adoption only) Complete self-testing exams Supports and supplements the leading textbooks in Financial Accounting Appropriate for the following courses: Financial Accounting, Accounting for Management, Accounting Principles, Accounting I, Accounting II To request for a review copy, contact your local McGraw-Hill representatives or, fax the Review Copy Request Form found in this catalog or, e-mail your request to mghasia_sg@mcgraw-hill.com or, submit online at www.mheducation.asia 21 Accounting Managerial Accounting Global edition NEW *9780078025419* INTRODUCTION TO MANAGERIAL ACCOUNTING 6th Edition By Peter C Brewer, Miami University of Oh-Oxford, Ray H Garrison, Brigham Young University-Provo and Eric Noreen, University of Washington 2013 (January 2012) / 736 pages ISBN: 9780078025419 ISBN: GE ISBN unavailable at press time Introduction to Managerial Accounting, 6/e by Brewer/Garrison/ Noreen is based on the market-leading text, Managerial Accounting, by Garrison, Noreen and Brewer. Brewer 6e is a briefer, more accessible, and thoroughly student-friendly text that satisfies the basic needs of the managerial accounting student without unnecessary depth on advanced topics associated with the follow-up course cost accounting/cost management. Faculty and students alike will find this new edition has retained the hallmark features of the Garrison brand: author-written supplements, excellent readability, terrific examples, and balanced end-of-chapter material. In addition, Connect Accounting for Brewer/Garrison/Noreen has been expanded with new learning resources for your students. New to this edition McGraw-Hill’s Connect Accounting offers a number of powerful tools and features to make managing assignments easier, so you can spend more time teaching. Students can engage with their coursework anytime and anywhere, making the learning process more accessible and efficient. In short, Connect Accounting facilitates student learning and optimizes your time and energies, enabling you to focus on course content, teaching, and student learning. Create and deliver online, auto-graded homework assignments, quizzes, and tests directly from the end-of-chapter materials or test bank. Problems are available as both static and algorithmic problems, and there are also multiple-choice conceptual questions. Students receive immediate, detailed feedback on their assignments, allowing them to focus on the areas where they need improvement. Questions mapped to AACSB and AICPA skill areas, Bloom’s Taxonomy levels, learning objectives, and difficulty level enable you to run reports that assess specific learning outcomes. NEW! LearnSmart ensures your students are learning faster, studying more efficiently, and retaining more knowledge. It pinpoints concepts the student does not understand and maps out a personalized study plan for success. Based on students’ self-diagnoses of their proficiency, LearnSmart intelligently provides students with a series of adaptive questions. This provides students with a personalized one-on-one tutor experience. NEW! Select key problems offer Guided Examples next to the assigned problems to show how to work through a similar problem. Students can learn from this video to then solve their own assigned problems NEW! Interactive Presentations teach the core learning objectives of the text in a multimedia format, bringing the key concepts to life. Detailed Feedback offers the option to present worked-out solutions 22 to the problem, showing the students each step of the process. Appropriate chapters and problems include calculator keystroke solutions in addition to formulas. A Self Quiz and Study program allows students to evaluate their performance through a practice test and then receive recommendations for specific readings from the text, supplemental study material, and practice work that will improve their mastery of each learning objective. Pre-built assignments are available to save you set up time. NEW! Chapter Updates Chapter 1 (Managerial Accounting and Cost Concepts) has been rewritten to include coverage of mixed costs and contribution format income statements. The redundant coverage of the schedule of cost of goods manufactured has been eliminated so that it is now only covered in Chapter 2. The comparison of financial and managerial accounting has been moved to the Prologue. Chapter 2 (Job-Order Costing) has added a cost formula approach to computing predetermined overhead rates. Chapter 6 (Variable Costing and Segment Reporting: Tools for Management) – the variable costing appendix has been expanded to an entire chapter. The coverage of segmented income statements has been moved to this chapter. Chapter 8 (Flexible Budgets, Standard Costs, and Variance Analysis) combines material from two chapters in the previous edition. It discusses flexible budgets and their application in service businesses. It also explains how standards can be used to separate spending variances into quantity and price variances. Chapter 9 (Performance Measurement in Decentralized Organizations) has been reorganized, moving the segmented income statements to an earlier chapter and adding nonfinancial performance measures to the chapter. Chapter 12 (Statement of Cash Flows) has been completely overhauled to simplify the process of creating a statement of cash flows and to expand the discussion of how to interpret the statement of cash flows. NEW! “Helpful Hint” boxes are found several times throughout each chapter and include a variety of common mistakes, key points, and “pulling it all together” insights for students. NEW! Each chapter now contains one “Foundational 15” exercise that includes fifteen “building-block” questions related to one concise set of data. These exercises can be used for in-class discussion or as homework assignments. They are found before the Exercises and are available in Connect Accounting. NEW! “Take Two” is a new end of chapter feature that provides a second set of alternate numbers for selected exercises. The numbers can be plugged into the exercise, thereby providing instructors an option to work out the same exercise more than once during class, sometimes showcasing a much different variation in the solution to facilitate an additional learning opportunity. The alternate solutions can be found in the instructor’s solutions manual. NEW! “Applying Excel” is a new end-of-chapter feature that provides students with an opportunity to build their own Excel worksheets and formulas. Students are then asked “what if” questions in which they analyze how and why the related pieces of accounting data affect each other. This feature will also be integrated in Connect. “Decision Point” boxes combine the “Decision Maker” and “You Decide” boxes from previous editions into one feature that fosters critical thinking and decision-making skills by providing real-world business scenarios that require resolution of a business issue. The suggested solution is located at the end of the chapter. (Example: Shoe Store Manager, Chapter 9.) Connect Plus Accounting. This packaging option combines all the great features of Connect Accounting, along with access to an online version of Introduction to Managerial Accounting, 6e, so that students can easily refer back to the text for review and guidance. This media rich e-book links directly to tutorials and online resources and offers additional functionality like taking notes and highlighting key passages for reviewing later. Accounting Contents Prologue: Managerial Accounting: An Overview Chapter 1: Managerial Accounting and Cost Concepts Chapter 2: Job-Order Costing Chapter 3: Activity-Based Costing Chapter 4: Process Costing Chapter 5: Cost-Volume-Profit Relationships Chapter 6: Variable Costing and Segment Reporting: Tools for Management Chapter 7: Profit Planning Chapter 8: Flexible Budgets, Standard Costs, and Variance Analysis Chapter 9: Performance Measurement in Decentralized Organizations Chapter 10: Differential Analysis: The Key to Decision Making Chapter 11: Capital Budgeting Decisions Chapter 12: Statement of Cash Flows Chapter 13: Financial Statement Analysis NEW *9780078111006* MANAGERIAL AccOUNTING Chapter 14: This chapter has been completely overhauled to simplify the process of creating a statement of cash flows. In Business boxes and End-of-Chapter material: revised McGraw-Hill’s Connect Accounting: In addition to Self-Quiz and Study, the 14th edition of Garrison Connect Accounting offers new game-changing features including LearnSmart and Guided Examples. Contents 1. Managerial Accounting: An Overview 2. Managerial Accounting and Cost Concepts 3. Job-Order Costing 4. Process Costing 5. Cost-Volume-Profit Relationships 6. Variable Costing and Segment Reporting: Tools for Management 7. Activity-Based Costing: A Tool to Aid Decision Making 8. Profit Planning 9. Flexible Budgets and Performance Analysis 10. Standard Costs and Variances 11. Performance Measurement in Decentralized Organizations 12. Differential Analysis: The Key to Decision Making 13. Capital Budgeting Decisions 14. Statement of Cash Flows 15. Financial Statement Analysis Appendix A Pricing Products and Services Appendix B Profitability Analysis 14th Edition By Ray H Garrison, Brigham Young UniversityProvo, Eric Noreen, Univesity of Washington and Peter C Brewer, Miami University of OhOxford International edition FUNDAMENTAL MANAGERIAL ACCOUNTING CONCEpts 6th Edition 2012 (January 2011) / 832 pages ISBN: 9780078111006 www.mhhe.com/garrison14e As the long-time #1 best-seller, Garrison has helped guide close to 3 million students through managerial accounting since it was first published. It identifies the three functions managers must perform within their organizations—plan operations, control activities, and make decisions—and explains what accounting information is necessary for these functions, how to collect it, and how to interpret it. Garrison’s Managerial Accounting is known for its relevance, accuracy, and clarity. It is also unique in that the authors write the most important supplements that accompany the book: solutions manual, test bank, instructor’s manual, and study guide – making them both of high quality and extremely consistent with the textbook. New to this edition Applying Excel: This new feature, which has been added to Chapters 2-13 of the text and Connect Accounting, gives students the opportunity to practice using Excel formulas to build their own worksheets. They are then asked a series of “what if” questions, all of which illustrate the relationship among various pieces of accounting data. The Applying Excel feature links directly to the concepts introduced in the chapter, providing students with an invaluable opportunity to apply what they have learned using a software they will use throughout their careers, whether they become an accountant or not. Chapter 1: This chapter has been completely overhauled to help all business students better understand why managerial accounting is relevant to their future careers. Chapter 2: This chapter has been extensively rewritten to include coverage of mixed costs and contribution format income statements. The redundant coverage of the schedule of cost of goods manufactured has been eliminated so that it is now only covered in the Job Order Costing chapter. The comparison of financial and managerial accounting has been moved to Chapter 1. By Thomas P Edmonds, University of Alabama at Birmingham, Philip R Olds, Virginia Commonwealth University, Bor-Yi Tsay, University of Alaabama at Birmingham 2011 (September 2010) / 704 pages ISBN: 9780078110894 ISBN: 9780071220729 [IE] www.mhhe.com/edmonds2011 Course Overview: Fundamental Managerial Accounting Concepts 6th edition is intended for the managerial accounting course taken primarily by sophomores at both two and four year schools. Adopters of Edmonds’ Fundamental Financial Accounting Concepts may be interested in this text for their managerial courses. This book is also a fit for schools moving away from Principles of Accounting texts to splits and/or schools that find their current text to be too encyclopedic and would like a text integrating a more user-oriented perspective. Title Overview: Fundamental Managerial Accounting Concepts 6th edition by Edmonds/Edmonds/Tsay/Olds focuses on concepts that are isolated and introduced in a logical sequence. The authors intentionally limit the scope of the material to help students build a solid foundation of the most important concepts in managerial accounting. Fundamental Managerial Accounting Concepts 6th edition is organized in a distinctive way, particularly in the first six chapters. The objective is to establish a coherent, integrative framework that enables students to build knowledge in stepwise fashion. The authors’ goal is for students to understand the underlying principles of accounting, not just memorize content. Contents Chapter 1 Management Accounting and Corporate Governance Chapter 2 Cost Behavior, Operating Leverage, and Profitability Analysis Chapter 3 Analysis of Cost, Volume, and Pricing to Increase Profitability Chapter 4 Cost Accumulation, Tracing, and Allocation Chapter 5 Cost Management in an automated Business Environment: ABC, ABM and TQM Chapter 6 Relevant Information for Special Decisions (Previously 23 Accounting Chapter 5) Chapter 7 Planning for Profit and Cost Control Chapter 8 Performance Evaluation Chapter 9 Responsibility Accounting Chapter 10 Planning for Capital Investments Chapter 11 Product Costing in Service and Manufacturing Entities Chapter 12 Job-Order, Process, and Hybrid Costing Systems Chapter 13 Financial Statement Analysis Chapter 14 Statement of Cash Flows Appendix Glossary Photo Credits Index NEW *9780071088015* MANAGERIAL ACCOUNTING An Asian Perspective By Ray H. Garrison, Eric Noreen, Peter Brewer, Cheng Nam Seng (Singapore Management University) and Katherine Yuen (Singapore Management University) 2011 (April 2011) / 888 pages ISBN: 9780071088015 An Asian Publication www.mheducation.asia/olc/garrison Managerial Accounting: An Asian Perspective builds on the foundation of the market leading text, Managerial Accounting by Garrison, Noreen, and Brewer. It identifies the three functions managers must perform within their organizations—plan operations, control activities, and make decisions—and explains what accounting information is necessary for these functions, how to collect it, and how to interpret it. Faculty and students alike will find this new edition has retained the hallmark features: author-written supplements, excellent readability, terrific examples, and balanced end-of-chapter material. Features Change of Chapter Flow: The 2 chapters on Systems Design (Chapter 3 Systems Design: Job-Ordering Costing and Chapter 4 Systems Design: Process Costing) are moved to chapters 8 and 9, after the discussion on Activity-Based Costing. This change of chapter flow would highlight Activity-based costing being an important foundation that could be mixed with Job-order and Process costing methods to form activity-based job costing and activity-based process costing. New Chapter: Even with activity-based costing system, some organization-level activities may still be allocated judgmentally. Furthermore, cost allocations are problems that consume much of management’s time to resolve. Therefore, this new edition highlights cost allocation in a new Chapter 6, moving it from 2 appendices (4B & 12B) previously. New Asian companies, examples and cases are included in In Business boxes and chapter opening Business Focus feature. Examples of Asian companies include Japan Airlines, Temasek Holdings, Bank of Thailand, Disney Hong Kong, Samsung Electronics etc. New frameworks and approaches are introduced as alternatives to explain concepts and workings. Traditional workings/approaches are retained to give instructors an option to continue their existing method or adopt the alternative systematic approach. 24 A simpler method for calculating multiproduct breakeven point using the concept of breakeven percentage of sales in Chapter 4. Included the dual method of cost allocation in Chapter 6, giving a comprehensive view of cost allocation techniques. A tabulated format for ABC calculation to encourage students to follow a systematic approach in addressing the topic in Chapter 7. A systematic tabulated format to help student solve easy or complicated process costing exercises in Chapter 9 A modified easy to use technique for variance calculations in Chapter 12 to help readers solve and modify variance calculations for future real life problems. The Value to Business (Owners) also known as Deprival Value model in Chapter 14 to help assess the true value of assets in the decision making process. New exercises: The authors have written new exercises for every chapter (with suggested answers) at different challenging levels (easy, intermediate and difficult) and formats (MCQ, short questions or long questions). These questions are in general more challenging and relevant to the Asia-Pacific environment. They will be available to adopters in the instructor resource CD. CONTENTS About the Authors Let Garrison be Your Guide Powerful Pedagogy New Asian Content Instructor Supplements Student Supplements Acknowledgments Chap 1: Managerial Accounting and the Business Environment Chap 2: Managerial Accounting and Cost Concepts Chap 3: Cost Behavior: Analysis and Use Chap 4: Cost-Volume: Profit Relationships Chap 5: Variable Costing: A Tool for Management Chap 6: Cost Allocation Chap 7: Activity-Based Costing: A Tool to Aid Decision Making Chap 8: Systems Design: Job-Order Costing Chap 9: Systems Design: Process Costing Chap 10: Profit Planning Chap 11: Flexible Budgets and Performance Analysis Chap 12: Standard Costs and Operating Performance Measures Chap 13: Segment Reporting, Decentralization, and the Balanced Scorecard Chap 14: Relevant Costs for Decision Making Chap 15: Capital Budgeting Decisions Appendix A: Pricing Products and Services Appendix B: Profitability Analysis Global edition MANAGERIAL ACCOUNTING 9th Edition By Ronald W Hilton, Cornell University-Ithaca 2011 (October 2010) / 832 pages ISBN: 9780078110917 ISBN: 9780071220866 [GE] - Pub April 2011 www.mhhe.com/hilton9e The emphasis of Managerial Accounting, 9th edition is on teaching students to use accounting information to best manage an organization. In a practice Hilton pioneered in the first edition, each chapter is written around a realistic business or focus company that guides the reader through the topics of that chapter. Known for balanced examples of Service, Retail, Nonprofit and Manufacturing companies, Hilton offers a clear, engaging writing style that has been praised by instructors and students alike. As in previous editions, there is significant coverage of contemporary topics such as activity-based costing, target costing, the value chain, customer profitability analysis, and throughput costing while also including traditional topics such as Accounting job-order costing, budgeting and performance evaluation. Contents Chapter 1 The Changing Role of Managerial Accounting in a Dynamic Business Environment Chapter 2 Basic Cost Management Concepts and Accounting for Mass Customization Operations Chapter 3 Product Costing and Cost Accumulation in a Batch Production Environment Chapter 3 Appendix Activity-Based Costing: An Introduction Chapter 4 Process Costing and Hybrid Product-Costing Systems Chapter 5 Activity-Based Costing and Management Chapter 5 Appendix Just-in-Time Inventory and Production Management Chapter 6 Activity Analysis, Cost Behavior, and Cost Estimation Chapter 6 Appendix Least-Squares Regression Using Microsoft Excel Chapter 7 Cost-Volume-Profit Analysis Chapter 7 Appendix Effect of Income Taxes Chapter 8 Absorption and Variable Costing Chapter 9 Profit Planning and Activity-Based Budgeting Chapter 10 Standard Costing, Operational Performance Measures and the Balanced Scorecard Chapter 10 Appendix Use of Standard Costs for Product Costing Chapter 11 Flexible Budgeting and the Management of Overhead and Support Activity Costs Chapter 11 Appendix A Standard Costs and Product Costing Chapter 11 Appendix B Sales Variances Chapter 12 Responsibility Accounting, Quality Control and Environmental Cost Management Chapter 13 Investment Centers and Transfer Pricing Chapter 14 Decision Making: Relevant Costs and Benefits Chapter 14 Appendix Linear Programming Chapter 15 Target Costing and Cost Analysis for Pricing Decisions Chapter 16 Capital Expenditure Decisions Chapter 16 Appendix A Future Value and Present Value Tables Chapter 16 Appendix B Impact of Inflation Chapter 17 Allocation of Support Activity Costs and Joint Costs Chapter 17 Appendix Reciprocal-Services Method Appendix I The Sarbanes-Oxley Act, Internal Controls, and Management Accounting Appendix II Compound Interest and the Concept of Present Value Appendix III Inventory Management References for In their Own Words Glossary Photo Credits Index of Companies and Organizations Index of Subjects All Global Editions are adapted to better meet the needs of courses outside the United States. Please contact your local sales representative for more details. NEW *9780071016650* MANAGEMENT ACCOUNTING & CONNECT PLUS 6th Edition Kim Langfield-Smith, Monash University, Helen Thorne, University of South Australia and Ronald W Hilton, Cornell University-Ithaca 2011 (August 2011) ISBN: 9780071016650 McGraw-Hill Australia Title www.mhhe.com/au/langfield6e Management Accounting: Information for Creating and Managing Value 6e explains the contemporary role of management accounting in organisations and demonstrates how it creates and enhances value for shareholders. This text has been developed using major cases based on real Australian businesses and includes numerous illustrations of current management accounting practices of organisations in Australia, New Zealand and the wider Asia-Pacific region. It takes a broad perspective in viewing management accounting as the efficient and effective use of resources, supporting managers in the improvement of customer and shareholder value. The strategic and topical focus has been further developed and strengthened, new questions have been added, text-flow streamlined and extensive revisions have been made to capital expenditure decisions, activity and target-based costings, corporate social responsibility, and supply chain management. Respected authors, a clear writing style and a wealth of features that reference the management accounting practices of real-life companies have made Management Accounting the most popular management accounting text in Australia. New to this edition Material on processes and techniques to improve value and competitiveness. Extensive range of review questions and exercises Coverage of emerging issues and focus on the dominant Australian service sector Contents Part 1 Introduction to Management Accounting 1.Management accounting: information for creating value and managing resources 2.Management accounting: cost terms and concepts Part 2: Costs and Costing Systems 3. Cost and costing systems 4. Product costing systems 5. Process costing and operation costing 6. Service costing 7. A closer look at overhead costs 8. Activity-based costing Part 3: Information for Managing Resources 9. Budgeting systems 10. Standard costs for control: direct material and direct labour 11. Standard costs for control: flexible budgets and manufacturing overhead 12. Financial performance reports and transfer pricing 13. Financial performance measures for investment centres and reward systems 14. Contemporary approaches to measuring and managing performance 15. Suppliers and customers 16. Managing costs and quality Part 4: Information for creating value 17. Sustainability and management accounting 25 Accounting 18. Cost volume profit analysis 19. Information for tactical decisions 20. Pricing and product mix decisions 21. Information for capital expenditure decisions UK Adaptation NEW *9780077129897* MANAGEMENT ACCOUNTING International edition 4th Edition MANAGERIAL ACCOUNTING FOR MANAGERS By Will Seal, Loughborough University Business School, UK 2nd Edition By Eric Noreen, University of Washington, Peter C Brewer, Miami University of OH-Oxford and Ray H Garrison, Brigham Young UniversityProvo 2011 (January 2010) / 672 pages ISBN: 9780073527130 ISBN: 9780071221085 [IE] www.mhhe.com/nbg2e Managerial Accounting for Managers, 2nd Edition by Noreen/Brewer/ Garrison is based on the market-leading text, Managerial Accounting, by Garrison, Noreen and Brewer. The Noreen book was created to serve customers who do not wish to teach the financial accountingoriented content that is included in the Garrison book. Of our three books (the Brewer book, the Garrison book, and the Noreen book), the Noreen book is the most pure management accounting textbook. The other two books have greater amounts of financial accounting content. Managerial Accounting for Managers, 2nd Edition is geared towards professors who love Garrison’s market-leading managerial accounting content, but have been bothered by the debits and credits included in the book. It includes the same coverage of managerial accounting topics such as Relevant Costs for Decision Making, Capital Budgeting Decisions, and Segment Reporting and Decentralization without the journal entries. The job-order costing chapter has been extensively rewritten to remove all journal entries. Furthermore, the chapters dealing with process costing, the statement of cash flows, and financial statement analysis have been dropped to enable professors to focus their attention on the bedrocks of managerial accounting—planning, control, and decision making. Contents Chapter 1: Managerial Accounting and the Business and Environment Chapter 2: Managerial Accounting and Cost Concepts Chapter 3: Cost Behavior: Analysis and Use Chapter 4: Cost-Volume-Profit Relationships Chapter 5: Systems Design: Job-Order Costing Chapter 6: Variable Costing: A Tool for Management Chapter 7: Activity-Based Costing: A Tool to Aid Decision Making Chapter 8: Profit Planning Chapter 9: Flexible Budgets and Performance Analysis Chapter 10: Standard Costs and Operating Performance Measures Chapter 11: Segment Reporting, Decentralization, and the Balanced Scorecard Chapter 12: Relevant Costs for Decision Making Chapter 13: Capital Budgeting Decisions Appendix A: Pricing Products and Services Appendix B: Profitability Analysis 26 2011 (December 2011) / 896 pages ISBN: 9780077129897 McGraw-Hill UK Title www.mcgraw-hill.co.uk/textbooks/seal Management Accounting offers the ideal balance between technical and conceptual approaches to Management Accounting. With its comprehensive coverage and focus on assessment material and application, this new edition is an essential core text for undergraduate accounting students and flexible enough to be used across a variety of levels. Contents Part I: An introduction to management accounting Chapter 1: Accounting and decision making in business Part II: Cost and revenues for decision making Chapter 2: Cost terms and concepts Chapter 3: Short-term decision making: cost-volume-profit relationships Chapter 4: Relevant costs for decision making Chapter 5: The principles of cost allocation: full costing Chapter 6: Activity-based costing Chapter 7: Pricing, target costing and transfer pricing Part III: Business planning and organizational control Chapter 8: Profit planning and controlling: budgeting Chapter 9: Standard costing and variance analysis Chapter 10: Long-term decision making: capital investment appraisal Chapter 11: Strategic management accounting and the balanced scorecard Chapter 12: Performance measurement and management control in segmented organizations Chapter 13: Management control and business process improvement Accounting NEW *9780077126728* MANAGEMENT ACCOUNTING FOR BUSINESS DECISIONS By Will Seal, Loughborough University Business School, UK 2011 (March 2011) ISBN: 9780077126728 McGraw-Hill UK Title www.mcgraw-hill.co.uk/textbooks/seal Written with the decision maker in mind, this new text from Professor Will Seal, author of the highly successful Management Accounting, takes a practical, real-world approach to the subject. Suitable for one or two semester courses, the text is aimed at both specialist and non-specialist students at an introductory level. The book provides concise and manageable coverage of key topics and theory, and is supported by contemporary examples from both the manufacturing and services industries, ensuring it is relevant and engaging to both today’s students and tomorrow’s decision makers. CONTENTS An introduction to management accounting Chapter 1: Accounting and decision making in business Cost and revenues for decision making Chapter 2: Cost terms and concepts Chapter 3: Short-term decision making: cost-volume-profit relationships Chapter 4: Relevant costs for decision making Chapter 5: The principles of cost allocation: full costing Chapter 6: Activity-based costing Chapter 7: Pricing, target costing and transfer pricing Business planning and organizational control Chapter 8: Profit planning and controlling: budgeting Chapter 9: Standard costing and variance analysis Chapter 10: Long-term decision making: capital investment appraisal Chapter 11: Strategic management accounting and the balanced scorecard Chapter 12: Performance measurement and management control in segmented organizations Chapter 13: Management control and business process improvement International edition MANAGERIAL ACCOUNTING By Stacey M Whitecotton, Arizona State University-Tempe, Patricia Libby, Ithaca College, Robert Libby, Cornell University-Ithaca and Fred Phillips, University of Saskatchewan 2011 (January 2010) / 672 pages ISBN: 9780078110771 ISBN: 9780071221214 [IE] www.mhhe.com/whitecotton1e Tag line: Teaching Managerial Accounting in the Context of BusinessWhitecotton 1e addresses the reality of students taking the managerial accounting course: the majority of them will not become accounting majors and accountants; instead they will use accounting information in their professional lives to make business decisions. Therefore, the greatest challenges instructors have are to engage these students in the managerial accounting course, keep the students motivated throughout the course, and teach them accounting in a way that connects conceptual understanding to the real world, so students will be able to analyze and apply their managerial accounting knowledge successfully in careers as managers in the world of business. Whitecotton 1e will engage and motivate students by presenting accounting in the context of real, recognizable companies like Starbucks, Mattel, and Tombstone Pizza, then integrate those companies throughout the chapters. This will allow students to see accounting information being used to make real business decisions in companies that are part of their lives, helping them connect their learning to the real world. CONTENTS 1. Introduction to Managerial Accounting 2. Job-Order Costing 3. Process Costing 4. Activity-Based Cost Management 5. Cost Behavior and Estimation 6. Cost-Volume-Profit Analysis 7. Incremental Analysis for Short-Term Decision Making 8. Capital Budgeting for Long-Term Investment Decisions 9. Budgeting and Planning 10. Controlling with Standard Costs and Variances 11. Decentralized Performance Evaluation and the Balanced Scorecard 12. Statement of Cash Flows 13. Financial Statement Analysis International edition INTRODUCTION TO MANAGERIAL ACCOUNTING 5th Edition By Peter C Brewer, Miami University of Oh-Oxford, Ray H Garrison, Brigham Young University-Provo and Eric Noreen, University of Washington 2010 (September 2009) / 672 pages ISBN: 9780073527079 ISBN: 9780070181915 [IE] www.mhhe.com/brewer5e Introduction to Managerial Accounting, 5/e by Brewer/Garrison/Noreen is based on the market-leading text, Managerial Accounting, by Garrison, Noreen and Brewer. However, this is not simply a briefer book with chapters removed; Brewer 5e has been rethought and retooled to meet the needs of the market. Brewer 5e is a more accessible, yet thoroughly student-friendly text that satisfies the basic needs of the managerial accounting student without unnecessary depth on advanced topics associated with the follow-up course: cost accounting/cost management. Faculty and students alike will find this new edition has retained the hallmark features of the Garrison brand: author-written supplements, excellent readability, terrific examples, and balanced end-of-chapter material. Contents Prologue: Managerial Accounting and the Business Environment Chapter 1: Managerial Accounting and Cost Concepts Chapter 2: Systems Design: Job-Order Costing Chapter 3: Systems Design: Activity-Based Costing Chapter 4: Systems Design: Process Costing Chapter 5: Cost Behavior: Analysis and Use Chapter 6: Cost-Volume-Profit Relationships Chapter 7: Profit Planning Chapter 8: Flexible Budgets and Performance Analysis Chapter 9: Standard Costs Chapter 10: Segment Reporting, Decentralization, and the Balanced Scorecard Chapter 11: Relevant Costs for Decision Making Chapter 12: Capital Budgeting Decisions Chapter 13: “How Well Am I Doing?” Statement of Cash Flows Chapter 14: “How Well Am I Doing?” Financial Statement Analysis 27 Accounting MANAGEMENT ACCOUNTING Revised Edition, 3rd Edition By Bill Neish, Macquarie University and Alan Banks, Grafton College of TAFE 2010 (November 2010) / 672 pages ISBN: 9780070278448 McGraw-Hill Australia Title www.mhhe.com/au/manacc3r This revised edition of Management Accounting is an invaluable resource for students of Certificate IV Financial Services (Accounting), Diploma of Accounting and Advanced Diploma of Accounting in the FNS10 financial services training package. Featuring a new user-friendly layout and writing style with updated revision exercises, this text is ideal for VET-level management accounting students. Chapter 11. Costing and Control of Administrative, Selling and Distribution Overheads Chapter 12. Activity Based Costing System Chapter 13. Job-Order, Batch and Service Costing Chapter 14. Process, Joint and By-Product Costing Chapter 15. Variable Costing and Absorption (Full) Costing Chapter 16. Volume-Cost-Profit Analysis Chapter 17. Budgeting and Profit Planning Chapter 18. Standard Costs and Quality Costs Chapter 19. Cost Variance Analysis Chapter 20. Revenue and Profit Variance Analysis Chapter 21. Responsibility Accounting Chapter 22. Short-Run Decision Analysis Chapter 23. Capital Budgeting KEY Features Mapped to the relevant competencies of the FNS10 Financial Services Training Package User-friendly writing style and layout to increase readability A wealth of self-test questions, end-of-chapter review questions and easy-to-follow examples to assist students with practice and revision Managerial Accounting Supplements Additional practice and review exercises are available on the Online Learning Centre SCHAUM’S OUTLINE OF MANAGERIAL ACCOUNTING Scope Revised 2nd Edition The book is mapped to the relevant core and elective competencies of the FNS10 financial services training package and covers: By Jae K Shim, California State University and Joel G Siegel, Queens College 2012 (September 2011) / 384 pages ISBN: 9780071762526 FNSACCT402B Produce job costing information—core unit for Certificate IV Financial Services (Accounting) FNSACCT507B Provide management accounting information— core unit for Diploma of Accounting FNSACCT613B Prepare and analyse management accounting information—elective unit for Advanced Diploma of Accounting MANAGEMENT ACCOUNTING 5th Edition By MY Khan, University of Delhi and PK Jain, Indiana Institute of Technology-Delhi 2009 ISBN: 9780070681965 McGraw-Hill India Title This new edition provides a penetrating and comprehensive analysis of the concepts, theories, and techniques in a simple lucid style in the frame work of Indian business environment. The subject matter of this volume is woven round the application of accounting information for decision making both about a firm and as well as by a firm. A Schaum Publication Schaum’s Outline of Managerial Accounting mirrors the course in scope and sequence to help enrolled students understand basic concepts and offer extra practice on topics such as cost classifications, income statements, balance sheets, analysis of cost behavior, target income volume, margin of safety, break-even, and CVP analysis assumptions. Coverage also includes the make-or-buy decision, the sell-or-process-further decision, utilization of scarce resources, standard costs, variance analysis, fixed overhead variances, transfer pricing, and capital budgeting techniques. 490 fully-solved problems Information on costing, capital budgeting, quality, variances, and inventory Excellent preparation for the CPA, CMA, SMA, and CGA exams Supports and supplements the leading textbooks in Managerial Accounting Appropriate for the following courses: Management Accounting, Cost Accounting, Accounting for Management, Managerial Accounting Easy-to-follow review of managerial accounting Supports all the major textbooks for managerial accounting courses Contents Chapter 1. Nature of Management Accounting Chapter 2. Generally accepted Accounting Principles and Accounting Standards Chapter 3. Accounting Cycle and Statements of Financial Information Chapter 4. Understanding Corporate Financial Statements and Reports Chapter 5. Cash Flow Statement Chapter 6. Financial Statements Analysis Chapter 7. Cost Concepts and Management Needs Chapter 8. Costing and Control of Materials Chapter 9. Costing and Control of Labour Chapter 10. Costing and Control of Factory (Manufacturing) Overheads 28 Accounting Computerized Accounting NEW *9780078025341* COMPUTER ACCOUNTING WITH QUICKBOOKS PRO 2012 14th Edition By Donna Kay, Maryville University 2013 (February 2012) / 768 pages ISBN: 9780078025341 (Details unavailable at press time) NEW *9780078025358* COMPUTER ACCOUNTING WITH PEACHTREE COMPLETE 2012 Release 19.0, 16th Edition By Carol Yacht, Peachtree Consultant 2013 (March 2012) / 704 pages ISBN: 9780078025358 (Details unavailable at press time) NEW *9780078025570* COMPUTER ACCOUNTING ESSENTIALS USING QUICKBOOKS PRO 2012 6th Edition By Carol Yacht, Peachtree Consultant and Susan Crosson, Santa FE College 2013 (March 2012) / 256 pages ISBN: 9780078025570 (Details unavailable at press time) COMPUTER ACCOUNTING WITH QUICKBOOKS PRO 2011 MP - wQBPremAccCD, with Student CD, 13th Edition By Donna Kay, Maryville University 2012 (March 2011) / 704 pages ISBN: 9780077499860 www.mhhe.com/kay2011 Using a hands-on approach, Computer Accounting with QuickBooks® 2011 integrates understanding accounting with mastery of QuickBooks software. The text provides proven instructional techniques based on action research throughout the new edition to make students mastery of QuickBooks as effortless as possible. The Thirteenth Edition offers a complete package to learn the leading small business accounting software: QuickBooks software, comprehensive text, Student Blog, and LIVE Projects. The text uses a highly effective three-step approach that aids students in constructing their own customized learning based on what they already know: 1. Chapter Tutorials. Providing numerous screen shots and detailed instructions, chapters in Computer Accounting with QuickBooks are designed as tutorials for the student to initially learn the accounting software features. All chapters are based on realistic, virtual company cases to enhance your understanding of the business environment in which QuickBooks is used. YouTube videos @ www.myquickbooks. me reinforce chapter tutorials. 2. Learning Activities. To improve long-term retention of student software skills and mastery of QuickBooks, learning activities are included at the end of the chapters. Designed with fewer instructions to test the understanding and, when needed, to develop skills at quickly seeking out additional information to complete tasks, the activities consist of exercises, projects and web quests. JIT Learning, the ability to seek out information as needed, is an increasingly important skill in a rapidly changing business environment. Computer Accounting with QuickBooks is designed to seamlessly facilitate your development of this crucial skill. In addition, the virtual cases challenge you to apply and develop both software and problem-solving skills. 3. Reflection. Reflection improves learning and retention. A reflection exercise, A Wish and A Star, appears at the end of each chapter to highlight what the student has learned. New to this edition Same Author, New Name: Donna Ulmer is now Donna Kay: Don’t let the name change fool you, this text is written by the same market leading author just like the previous 12 editions. New for Instructors! QuickBooks Grade Assistant automatically grades selected QuickBooks assignments (labeled with *). New! Expanded assignments 12 new QuickBooks projects and 4 QuickBooks cases are incorporated throughout this new edition of the text. Go Paperless. Consistent with the sustainability and cost reduction initiatives on many college campuses, this edition offers three options for going paperless with QuickBooks. Live Project: QuickBooks in Action. Chapter 13 guides you through the development of an authentic QuickBooks application that can be used as a capstone project or as a service learning project for a not-for-profit. By integrating and synthesizing skills learned in the course, the QuickBooks in Action project provides you with an effective mastery opportunity and bolsters your resume with professional experience. A 140 day student trial edition of the QuickBooks software comes packaged in the inside back cover of the text. The software allows the student to do the various projects and exercises in the book from their home computer. There are no limitations to the product functionality within those 140 days. The book can be used with QuickBooks Pro and QuickBooks Accountant. The new edition is geared towards both versions of QuickBooks. This edition the book comes with QuickBooks Accountant instead of QuickBooks Pro. Contents Section I: Exploring QuickBooks with Rock Castle Construction 1 Quick Tour of QuickBooks Pro 2010 2 Customizing QuickBooks and the Chart of Accounts 3 Banking 4 Customers and Sales 5 Vendors, Purchases, and Inventory 6 Employees and Payroll 7 Reports and Graphs Section II: Small Business Accounting with QuickBooks 2010 8 New Company Setup 9 Accounting for a Service Company 10 Merchandising Corporation: Sales, Purchases, and Inventory 29 Accounting 11 Merchandising Corporation: Payroll 12 Advanced QuickBooks Features for Accountants 13 QuickBooks in Action: An Authentic Project Section III: Quick Guide QuickBooks Software Company Commands Chart of Accounts Customer Transactions Vendor Transactions Employee Transactions Banking Transactions Entries Reports Microsoft Office and QuickBooks Section IV: QuickBooks Extras Appendix A Install & Register QuickBooks Software Appendix B Back Up and Restore QuickBooks Files Appendix C Troubleshooting QuickBooks Appendix D Electronic Deliverables Appendix E QuickBooks for Mac Appendix F QuickBooks Blog NEW *9780077505035* COMPUTER ACCOUNTING WITH PEACHTREE BY SAGE COMPLETE ACCOUNTING 2011 Release 19.0, 15th Edition By Carol Yacht, Peachtree Consultant Contents Part 1: Exploring Peachtree Complete Accounting 2011 Chapter 1: Introduction to Bellwether Garden Supply Chapter 2: Vendors Chapter 3: Customers Chapter 4: Employees Chapter 5: General Ledger, Inventory, and Internal Control Chapter 6: Job Cost Chapter 7: Financial Statements Chapter 8: Stone Arbor Landscaping—Time and billing Part 2: Peachtree Complete Accounting 2011 for Service Businesses Chapter 9: New Company Setup and Beginning Balances Chapter 10: Maintaining Accounting Records for Services Businesses Chapter 11: Completing Quarterly Activities and Closing the Fiscal Year Project 1: Susan Watson, Accounting Project 1A: Student-Designed Service Business Part 3: Peachtree Complete Accounting 2011 for Merchandising Businesses Chapter 12: Vendors & Purchases Chapter 13: Customers & Sales Chapter 14: Inventory & Services Chapter 15: Employees, Payroll, and Account Reconciliation Project 2: Mountain Sports Project 2A: Student-Designed Merchandising Business Part 4: Advanced Peachtree Complete Accounting 2011 Applications Chapter 16: Customizing Forms Chapter 17: Import/Export Chapter 18: Microsoft Word and Templates Project 3: Atlanta Computer Club Project 4: ML Manufacturing, Inc. Project 4A: Student-Designed Project Appendix A: Troubleshooting Appendix B: Accounting Information Systems Appendix C: Review of Accounting Principles Appendix D: Glossary 2012 (February 2011) / 704 pages ISBN: 9780077505035 www.mhhe.com/yacht2011 Carol Yacht’s Peachtree textbook is the market leader because her pedagogy is unmatched—she incorporates real-world businesses; step-by step-directions; numerous screen illustrations; challenging exercises and projects; and a website with additional resources. In Computer Accounting with Peachtree by Sage Complete Accounting 2011, 15th Edition, you learn about the relationship between Peachtree software and fundamental accounting principles, procedures, and business processes. The primary goal is for the student to have a working familiarity with the software after completing the course with this text. Computer Accounting with Peachtree by Sage Complete Accounting 2011, 15th Edition, teaches you how to use Peachtree Complete Accounting 2011 software. For more than 35 years , Peachtree by Sage has produced award-winning accounting software. Over 6.2 million customers use Sage software products. More than 13,000 employees work for Sage (http://sage. com/ourbusiness/aboutus). The Sage family of software products, which includes Peachtree Complete Accounting, is the leading global supplier of business management solutions and services. For more information about Sage’s worldwide community, refer to page xxxii. In the United States and Canada, Peachtree is used by more than 3.1 million businesses. Each year, tens of thousands of customers choose accountant-recommended Peachtree by Sage for their business needs. Why? Because Peachtree helps you do more to support the success of your business. Industries that use Peachtree include retail stores, healthcare, human resources/payroll, construction/real estate, transport/distribution, payment processing, not-for-profit, manufacturing, public utilities, legal, medical, and accounting firms. 30 computer accounting essentials using quickbooks PRO 2011 5th Edition By Carol Yacht, Peachtree Consultant and Susan Crosson, Santa Fe College 2011 (April 2010) / 224 pages ISBN: 9780077408954 www.mhhe.com/QBProessentials2010 QuickBooks Pro 2010 Essentials is an accessible, step-by-step guide to installing, using and mastering the most widely used software for small businesses. Supportive pedagogy helps students develop a strong working knowledge of QuickBooks Pro. This book focuses on the basic business processes of the software and teaches students step-by-step how to set up and run a merchandising corporation. Contents Chapter 1: Software Installation and Creating a New Company Chapter 2: Exploring QuickBooks Chapter 3: New Company Setup for a Merchandising Business Chapter 4: Working with Inventory, Vendors, and Customers Chapter 5: Accounting Cycle and Year End Chapter 6: First Month of the New Year Project 1: Your Name Hardware Store Project 2: Student-Designed Merchandising Business Appendix A: Review of Accounting Principles Accounting COMPUTER ACCOUNTING USING MYOB BUSINESS SOFTWARE Intermediate Accounting Version 19.5, 13th Edition By Bill Neish, Macquarie University and George Kahwati, Northern Sydney Institute of TAFE 2010 (November 2010) / 848 pages ISBN: 9780070279070 McGraw-Hill Australia Title www.mhhe.com/au/myob19 Computer Accounting Using MYOB Business Software is the ideal learning resource for all students and professionals taking their first steps with MYOB, whether in a classroom-based or self-paced learning environment. The thirteenth edition of the text is written for MYOB AccountRight Plus v19, MYOB AssetManager Pro v3.5 and MYOB AccountRight Enterprise v19. This new edition gives students a thorough understanding of MYOB business software, and the expertise and confidence to use it in their professional lives. This book will prove useful to all levels of users from those with little or no accounting knowledge to qualified accountants. For providers of accredited courses, assessment material is provided at the end of each chapter. Some assessment material is cumulative to allow for module integration and re-enforcement of material covered in previous chapters. The authors have maintained the user-friendly style of previous editions, with clear step-by-step instructions, abundant MYOB screen images, competency skills checklists, self-test questions and answers, and concise practical examples. Key Features Revised and updated to incorporate instructions for the features of MYOB AccountRight Plus v19 including payroll functions, 2010 tax tables, and numerous other smaller changes), MYOB AssetManager Pro v3.5 and MYOB AccountRight Enterprise v19 NEW: 100 videos taking learners step-by step through the most common and important functions (on CD) A wealth of screenshots and clear step-by-step instructions for a full understanding of new and existing features of MYOB v19 User-friendly writing style enables students to process information easily Competency skills checklists, self-test questions and practical examples assist student comprehension NEW *9780078025327* INTERMEDIATE ACCOUNTING 7th Edition By J David Spiceland, University of Memphis, James Sepe, Santa Clara University, Mark W Nelson, Cornell University-Ithaca 2013 (July 2012) / 1280 pages ISBN: 9780078025327 ISBN: 9780077446499 (Volume 1, Chapters 1-12) ISBN: 9780077446482 (Volume 2, Chapters 13-21) www.mhhe.com/spiceland7e CONTENTS 1. Environment and Theoretical Structure of Financial Accounting 2. Review of the Accounting Process 3. The Balance Sheet and Financial Disclosures 4. The Income Statement and Statement of Cash Flows 5. Income Measurement and Profitability Analysis 6. Time Value of Money Concepts 7. Cash and Receivables 8. Inventories: Measurement 9. Inventories: Additional Issues 10. Property, Plant, and Equipment and Intangible Assets: Acquisition and Disposition 11. Property, Plant, and Equipment and Intangible Assets: Utilization and Impairment 12. Investments 13. Current Liabilities and Contingencies 14. Bonds and Long-Term Notes 15. Leases 16. Accounting for Income Taxes 17. Pensions and Other Postretirement Benefits 18. Shareholders’ Equity 19. Share-Based Compensation and Earnings per Share 20. Accounting Changes and Error Corrections 21. Statement of Cash Flows Revisited Scope Computer Accounting Using MYOB Business Software is written for MYOB Accounting Plus v19, MYOB AssetManager Pro v3.5 and MYOB AccountRight Enterprise v19. NEW *9780071328029* INTERMEDIATE FINANCIAL REPORTING An IFRS Perspective, 2nd Edition By Nelson Lam and Peter Lau 2012 (March 2012) / 950 pages ISBN: 9780071328029 An Asian Publication REVIEW COPY (Available for course adoption only) To request for a review copy, contact your local McGraw-Hill representatives or, fax the Review Copy Request Form found in this catalog or, e-mail your request to mghasia_sg@mcgraw-hill.com or, submit online at www.mheducation.asia Intermediate Financial Reporting: An IFRS Perspective, Second Edition explains the financial reporting concepts, accounting treatments and requirements, and preparation and presentation of financial statements encountered at the corporate or individual entity level by using the most updated International Financial Reporting Standards (IFRSs), including the latest IFRSs on financial instruments and fair value measurement. This book is suitable for students, lecturers and practitioners. Students and lecturers should find this a good textbook for undergraduate and postgraduate intermediate and advanced accounting and financial reporting courses. Users and preparers of financial reports will find the concepts and explanations useful in their daily work, and they can use the book as a guide in analysing, auditing and preparing their financial reports. 31 Accounting CONTENTS Contents About the Authors Preface 1. Financial Reporting and International Financial Reporting Standards 2. Conceptual Framework for Financial Reporting 3. Property, Plant and Equipment 4. Leases 5. Investment Property 6. Intangible Assets 7. Borrowing Costs 8. Impairment of Assets 9. Inventories 10. Construction Contracts 11. Revenue 12. Employee Benefits 13. Income Taxes 14. Provisions and Contingencies 15. Financial Instruments — An Introduction 16. Financial Assets 17. Financial Liabilities and Derecognition 18. Financial Instruments — Presentation and Disclosure 19. Presentation of Financial Statements 20. Accounting Policies, Changes in Accounting Estimates and Errors 21. Events after the Reporting Period 22. Non-current Assets Held for Sale and Discontinued Operations 23. The Effects of Changes in Foreign Exchange Rates 24. Statement of Cash Flows 25. Fair Value Measurement Index The Role of Accounting as an Information System Chapter 1. Environment and Theoretical Structure of Financial Accounting Chapter 2. Review of the Accounting Process Chapter 3. The Balance Sheet and Financial Disclosures Chapter 4. The Income Statement and Statement of Cash Flows Chapter 5. Income Measurement and Profitability Analysis Chapter 6. Time Value of Money Concepts Economic Resources Chapter 7. Cash and Receivables Chapter 8. Inventories: Measurement Chapter 9. Inventories: Additional Issues Chapter 10. Property, Plant, and Equipment and Intangible Assets: Acquisition and Disposition Chapter 11. Property, Plant, and Equipment and Intangible Assets: Utilization and Impairment Financial Instruments and Liabilities Chapter 12. Investments Chapter 13. Current Liabilities and Contingencies Chapter 14. Bonds and Long-Term Notes Chapter 15. Leases Chapter 16. Accounting for Income Taxes Chapter 17. Pensions and Other Postretirement Benefits Chapter 18. Shareholders’ Equity Additional Financial Reporting Issues Chapter 19. Share-Based Compensation and Earnings per Share Chapter 20. Accounting Changes and Error Corrections Chapter 21. The Statement of Cash Flows Revisited Appendix A: Derivatives Appendix B: Dell Annual Report Appendix C: IFRS Comprehensive Case International edition INTERMEDIATE ACCOUNTING WITH BRITISH AIRWAYS ANNUAL REPORT 6th Edition By J David Spiceland, University of Memphis, James Sepe, Santa Clara University, Mark W Nelson, Cornell University-Ithaca and Lawrence A Tomassini, Ohio State University 2011 (March 2010) ISBN: 9780077395810 ISBN: 9780071313988 [IE] ISBN: 9780077395834 (Volume 1, Chapter 1-12) ISBN: 9780077395827 (Volume 2, Chapter 13-21) www.mhhe.com/spiceland6e Rated the most satisfying textbook by students in independent research, Spiceland/Sepe/Nelson’s Intermediate Accounting, 6th Edition, has the quality, flexibility, and attention to detail students need to master a challenging subject. It’s your Vehicle to Success in the Intermediate Accounting course and beyond! Spiceland/Sepe/Nelson provides a decision maker’s perspective to emphasize the professional judgment and critical thinking skills required of accountants today. Reviewers, instructors, and student users of Spiceland have enthusiastically embraced the relaxed, conversational writing style that engages students in an enjoyable and effective learning experience. In addition, accounting’s preeminent textbook website provides students a wide variety of electronic learning resources, including iPod content. Study Guide, Instructor’s Manual, Solutions Manual, Testbank, and Website content are all created by authors, ensuring seamless compatibility throughout the Spiceland learning package. The end-of-chapter material is also written by the author team and tested in their own classes before being included in Intermediate Accounting. Few areas see the kind of rapid change that accounting does, and the Spiceland team is committed to staying current. The sixth edition fully integrates all the latest FASB Standards, and the authors are committed to keeping you updated with all relevant content changes throughout the edition. 32 INTERMEDIATE FINANCIAL REPORTING An IFRS Perspective By Nelson Lam and Peter Lau 2009 (October 2008) / 912 pages ISBN: 9780071274241 An Asian Publication Intermediate Financial Reporting: An IFRS Perspective explains the financial reporting concepts, accounting treatments and requirements, and preparation and presentation of financial statements encountered at the corporate or individual entity level by using the most updated international financial reporting standards (IFRSs). This book also contains several illustrative examples and real-life cases to help readers digest and understand the IFRS. The real-life cases are sourced from those countries and places that have adopted or permitted the use of IFRS, including Australia, China, Finland, France, Germany, Hong Kong, Italy, the Netherlands, Singapore, the United Kingdom and some emerging markets such as the Russian Federation. CONTENTS About the Authors Preface Part I Conceptual and Regulatory Framework 1 Financial Reporting and International Financial Reporting Standards 2 Framework for International Financial Reporting Part II Elements of Financial Statements--Assets 3 Property, Plant and Equipment 4 Leases 5 Investment Property 6 Intangible Assets 7 Borrowing Costs 8 Impairment of Assets 9 Inventories 10 Construction Contracts Part III Elements of Financial Statements--Liabilities, Equity, Income and Expenses Accounting 11 Revenue 12 Employee Benefits 13 Income Taxes 14 Provisions and Contingencies Part IV Financial Instruments 15 Financial Instruments--Introduction 16 Financial Assets 17 Financial Liabilities and Derecognition 18 Financial Instruments: Presentation and Disclosure Part V Presentation of Financial Statements and Related Topics 19 Presentation of Financial Statements 20 Accounting Policies, Changes in Accounting Estimates and Errors 21 Events after the Reporting Period 22 Non-current Assets Held for Sale and Discontinued Operations 23 The Effects of Changes in Foreign Exchange Rates 24 Statement of Cash Flows Index Intermediate Accounting Supplements SCHAUM’S OUTLINE OF INTERMEDIATE ACCOUNTING II 2nd Edition By Baruch Englard, College of Staten Island-City University of New York 2009 (May 2009) / 336 pages ISBN: 9780071611664 A Schaum Publication Millions of students trust Schaum’s Outlines to help them succeed in the classroom and on exams. Schaum’s is the key to faster learning and higher grades in every subject. Each Outline presents all the essential course information in an easy-to-follow, topic-by-topic format. You also get hundreds of examples, solved problems, and practice exercises to test your skills. Contents Ch 1: Long-Term Liabilities Ch 2: Stock Ownership Ch 3: Stockholders’ Equity Ch 4: Dilutive Securities & Earnings Per Share Ch 5: Investments: Temporary & Long-Term Ch 6: Revenue Recognition Issues Ch 7: Accounting for Leases Ch 8: The Statement of Cash Flows Ch 9: Accounting Changes and Correction of Errors Ch 10: Accounting for Pensions Ch 11: Net Operating Loss Carrybacks and Carry Forwards Deferred Income T Taxes Appendix: The Time Value of Money Compound Interest Tables SCHAUM’S OUTLINE OF INTERMEDIATE ACCOUNTING I Revised, 2nd Edition By Baruch Englard, College of Staten Island, City University of New York 2011 (February 2011) / 368 pages ISBN: 9780071756068 A Schaum Publication In the thirteen years since the first edition of Schaum’s Outline of Intermediate Accounting II was published, the Federal Accounting Standards Board has implemented important new guidelines for financial accounting which reflect the financial industry’s focus on transparency and accountability in accounting practices. This second edition of Schaum’s Outline of Intermediate Accounting II reflects these changes, and closely follows the table of contents of McGrawHill’s bestselling Spiceland textbook. Cost Accounting/ Cost Management International edition FUNDAMENTALS OF COST ACCOUNTING Contents 3rd Edition Ch 1: Review of the Accounting Process Ch 2: The Income Statement and Retained Earnings Statement Ch 3: The Balance Sheet EXAMINATION I Ch 4: The Conceptual Framework of Accounting Theory Ch 5: The Time Value of Money Ch 6: Cash and Temporary Investments EXAMINATION II Ch 7: Receivables Ch 8: Inventories: General Topics Ch 9: Inventories: Additional Issues and Methods EXAMINATION III Ch 10: Property, Plant, and Equipment Ch 11: Depreciation and Depletion Ch 12: Intangible Assets Ch 13: Current Liabilities Ch 14: Long-Term Liabilities By William N Lanen, University of Michigan-Ann Arbor, Shannon Anderson, Rice University and Michael W Maher, University of California Davis 2011 (January 2010) / 752 pages ISBN: 9780073527116 ISBN: 9780071220965 [IE] www.mhhe.com/lanen3e A direct, realistic, and efficient way to learn cost accounting. Fundamentals is short (approximately 700 pages) making it easy to cover in one semester. The authors have kept the text concise by focusing on the key concepts students need to master. Opening vignettes and In Action boxes show realistic applications of these concepts throughout. All chapters end with a “Debrief” that links the topics in the chapter to the decision problem faced by the manager in the opening vignette. Comprehensive end-of-chapter problems provide students with all the practice they need to fully learn each concept. Contents Introduction and Overview 1 Cost Accounting: Information for Decision Making 2 Cost Concepts and Behavior Cost Analysis and Estimation 3 Fundamentals of Cost-Volume-Profit Analysis 33 Accounting 4 Fundamentals of Cost Analysis for Decision Making 5 Cost Estimation Cost Management Systems 6 Fundamentals of Product and Service Costing 7 Job Costing 8 Process Costing 9 Activity-Based Costing 10 Fundamentals of Cost Management 11 Service Department and Joint Cost Allocation Management Control Systems 12 Fundamentals of Management Control Systems 13 Planning and Budgeting 14 Business Unit Performance Measurement 15 Transfer Pricing 16 Fundamentals of Variance Analysis 17 Additional Topics in Variance Analysis 18 Nonfinancial and Multiple Measures of Performance Appendix: Capital Investment Decisions: an Overview Chapter 15: Operational Performance Measurement: Indirect Cost Variances and Resource-Capacity Planning Chapter 16: Operational Performance Measurement: Further Analysis of Productivity and Sales Variances Chapter 17: The Management and Control of Quality, Six-Sigma, and Lean Accounting Part 4: Management-Level Control Chapter 18: Strategic Performance Measurement: Cost Centers, Profit Centers, and the Balanced Scorecard (BSC) Chapter 19: Strategic Performance Measurement: Investment Centers Chapter 20: Management Compensation, Business Analysis, and Business Valuation International edition COST MANAGEMENT Strategies for Business Decisions, 4th Edition International edition COST MANAGEMENT A Strategic Emphasis, 5th Edition By Edward Blocher, University of NC-Chapel Hill, David Stout, Youngstown State University and Gary Cokins, Sas/Worldwide Strategy 2010 (October 2009) / 928 pages ISBN: 9780073526942 ISBN: 9780071267489 [IE] www.mhhe.com/blocher5e Cost Management: A Strategic Emphasis, by Blocher/Stout/Cokins is the first cost accounting text to offer integrated coverage of strategic management topics in cost accounting. The text is written to help students understand more about management and the role of cost accounting in helping an organization succeed. This text aims to teach management concepts and methods, also to demonstrate how managers use cost management information to make better decisions and improve their organization’s competitiveness. In teaching these key management skills, the text takes on a strategic focus. It addresses issues such as: How does a firm compete? What type of cost management information is needed for a firm to succeed? How does the management accountant develop and present this information? This text helps students learn why, when, and how cost information is used to make effective decisions that lead a firm to success. Contents Part 1: Introduction to Strategy, Cost Management, and Cost Systems Chapter 1: Cost Management and Strategy Chapter 2: Implementing Strategy: The Value Chain, the Balanced Scorecard, and the Strategy Map Chapter 3: Basic Cost-Management Concepts Chapter 4: Job Costing Chapter 5: Activity-Based Costing (ABC) and Customer Profitability Analysis Chapter 6: Process Costing Chapter 7: Cost Allocation: Departments, Joint Products, and ByProducts Part 2: Planning and Decision-Making Chapter 8: Cost Estimation Chapter 9: Profit Planning: Cost-Volume-Profit (CVP) Analysis Chapter 10: Strategy and the Master Budget Chapter 11: Decision-Making with a Strategic Emphasis Chapter 12: Strategy and Long-Term Investment Analysis Chapter 13: Cost Planning for the Product Life-Cycle: Target Costing, Theory of Constraints (TOC), and Strategic Pricing Part 3: Operational-Level Control Chapter 14: Operational Performance Measurement: Sales, DirectCost Variances, and the Role of Nonfinancial Performance Measures 34 By Ronald W Hilton, Cornell University-Ithaca, Michael W Maher, University of California Davis and Frank Selto, University of ColoradoBoulder 2008 (September 2007) / 960 pages ISBN: 978 0071287999 [IE] www.mhhe.com/hilton4e Hilton/Maher/Selto (HMS) is for instructors who want to teach students to manage costs and not just account for costs. HMS maintains that, “Costs don’t just happen,” and with a pro-active approach toward costs, managers who understand cost implications as well as accountants can add value to an organization. Hilton, Maher, Selto focuses on having students learn to make decisions by the use of Cost Management Challenges in the chapter opener, “You’re the Decision Maker” boxes throughout each chapter, and the “You’re the Decision Maker” simulation on the text website. Contents Part 1 Setting the Strategic Foundation: The Importance of Analyzing and Managing Costs 1.Cost Management and Strategic Decision Making Evaluating Opportunities and Leading Change 2.Product Costing Systems: Concepts and Design Issues 3.Cost Accumulation for Job-Shop and Batch Production Operations Part 2 Activity-Based Management 4.Activity-Based Costing Systems 5.Activity-Based Management 6.Managing Customer Profitability 7.Managing Quality and Time to Create Value Part 3 Process Costing and Cost Allocation 8.Process-Costing Systems 9.Joint-Process Costing 10.Managing and Allocating Support-Service Costs Part 4 Planning and Decision Making 11.Cost Estimation 12.Financial and Cost-Volume-Profit Models 13.Cost Management and Decision Making 14.Strategic Issues in Making Long-Term Capital Investment Decisions 15.Budgeting and Financial Planning Part 5 Evaluating and Managing Performance Creating and Managing Value-Added Effort 16.Standard Costing, Variance Analysis, and Kaizen Costing 17.Flexible Budgets, Overhead Cost Management, and ActivityBased Budgeting 18.Organizational Design, Responsibility Accounting, and Evaluation of Divisional Performance 19.Transfer Pricing 20.Performance Measurement Systems Glossary Photo Credits Accounting Bibliography Company Name Index Subject Index Cost Accounting Supplements International edition COST ACCOUNTING Principles and Applications, 7th Edition SCHAUM’S OUTLINE OF COST ACCOUNTING By Horace R Brock, University of North Texas, Linda Herrington and La Vonda G Ramey of School Craft College 2007 (August 2006) / 704 pages ISBN: 9780071115605 [IE] 3rd Edition www.mhhe.com/brock7e A Schaum Publication Contents Part 1 Chapter 1 Monitoring Costs Chapter 2 Purchasing Materials Chapter 3 Storing and Issuing Materials Chapter 4 Controlling and Valuing Inventory Chapter 5 Timekeeping and Payroll Chapter 6 Charging Labor Costs into Production Chapter 7 Departmentalizing Overhead Costs Chapter 8 Setting Overhead Rates Chapter 9 Applying Manufacturing Overhead Chapter 10 Completing the Cost Cycle and Accounting for Lost Materials Part 2 Chapter 11 Process Cost System – Production Data and Cost Flow Chapter 12 Average Costing of Work in Process Chapter 13 Units Lost or Increased in Production Chapter 14 First In, First Out (FIFO) Costing of Work in Process Chapter 15 Accounting for By-Products and Joint Products Part 3 Chapter 16 The Analysis of Cost Behavior Chapter 17 Budgeting Chapter 18 Standard Costs: Materials and Labor Chapter 19 Manufacturing Overhead Standard Costs: Completing the Accounting Cycle for Standard Costs Chapter 20 Cost-Volume-Profit Analysis Chapter 21 Analysis of Manufacturing Costs for Decision Making Chapter 22 Cost Accounting for Distribution Activities and Service Businesses Chapter 23 Decision Making – Capital Investment Decisions By Ralph S Polimeni, Hofstra University 1994 ISBN: 9780070110267 This powerful study guide includes all subjects found in the leading textbooks and parallels the full-year cost accounting courses most schools offer. Also appropriate for solo study, this book makes the complex concepts and techniques accessible through clear explanations and solved problems to provide a review and help students master their skills. College Accounting NEW *9780073396958* COLLEGE ACCOUNTING A Contemporary Approach, 2nd Edition By M David Haddock, Chattanooga State Tech, John Price, University of North Texas and Michael Farina, Cerritos College 2012 (May 2011) / 528 pages ISBN: 9780073396958 www.mhhe.com/haddock2e Invitation to Publish McGraw-Hill is interested to review your textbook proposals for publication. Please contact your local McGraw-Hill office or email to asiapub@mcgraw-hill.com. Visit McGraw-Hill Education (Asia) Website: http://www.mheducation.asia/publish/ The Haddock text features the successful author team Price et al. The author team based A Contemporary Approach on the solid foundation of the Price 12e textbook; however, in Haddock, the approach has been modified to fit the needs of a growing number of College Accounting instructors who teach the course without covering special journals. These instructors feel that special journals are an unnecessarily complicated subject for such a basic course. By eliminating special journal coverage, professors are free to focus on recording to the general journal and posting to the general ledger - the basic bookkeeping functions that are so important to accountants in the real world. Competing books have placed special journals in an appendix (Slater) or tried to separate special journal coverage from general journal coverage but retain both (McQuaig). Haddock is the only text on the market that eliminates special journal coverage completely (why make students pay for material they will not learn in the course?). With Haddock on the roster, instructor’s have a choice between a traditional approach that fully integrates special journals into the text in a succinct and logical way (Price 12e) or a contemporary approach that focuses on the basics and is more in keeping with where the course is headed in the future (Haddock 1e). 35 Accounting Contents 1. Accounting: The Language of Business 2. Analyzing Business Transactions 3. Analyzing Business Transactions Using T Accounts 4. The General Journal and the General Ledger 5. Adjustments and the Worksheet 6. Closing Entries and the Postclosing Trial Balance 7. Accounting for Sales and Accounts Receivable, and Cash Receipts 8. Accounting for Purchases, Accounts Payable, and Cash Payments 9. Cash 10. Payroll Computations, Records, and Payment 11. Payroll Taxes, Deposits, and Reports 12. Accruals, Deferrals, and the Worksheet 13. Financial Statements and Closing Procedures Appendix A: The Home Depot 2009 Financial Statements for the year ended January 31, 2010 NEW 24. The Statement of Cash Flows 25. Departmentalized Profit and Cost Centers 26. Accounting for Manufacturing Activities 27. Job Order Cost Accounting 28. Process Cost Accounting 29. Controlling Manufacturing Costs: Standard Costs 30. Cost-Revenue Analysis for Decision Making Appendix A: The Home Depot, Inc. Annual Report. Appendix B: Combined Journal COLLEGE ACCOUNTING CHAPTER 1-14 WITH ANNUAL REPORT 2nd Edition By John J Wild, University of Wisconsin-Madison, Vernon Richardson, University of Arkansas-Fayetteville and Ken Shaw, University of Missouri-Columbia 2011 (January 2010) ISBN: 9780077346102 *9780078025273* COLLEGE ACCOUNTING Chapters 1-30, 13th Edition By John Ellis Price, University of North Texas, M David Haddock, Chattanooga State Tech and Michael Farina, Cerritos College www.mhhe.com/wildCA2e College Accounting by Wild, Richardson, and Shaw draws upon the success of Wild’s Fundamental Accounting Principles text. Its innovation is reflected in its extensive use of small business examples, the integration of new computerized learning tools, superior end-ofchapter material, and a highly engaging, pedagogical design. Inclusion of technology products such as Connect, Connect Plus, Excel Templates, and QuickBooks Pro 2010 software provides students with every possible advantage as they strive to understand the key concepts of accounting and their role in business. CONTENTS 2012 (May 2011) / 1136 pages ISBN: 9780078025273 ISBN: 9780077430627 (Chapters 1-13) ISBN: 9780077430634 (Chapters 1-24) www.mhhe.com/price13e Overview: Price/Haddock/Farina has been a long-time market leader because of its readability and relevance. The book includes many real-world examples, high-interest problems and activities, in-text help and practice, and classroom-tested dynamic pedagogy. With the addition of McGraw-Hill’s Connect Accounting, the new edition includes more technology support than ever before. Contents 1. Accounting: The Language of Business 2. Analyzing Business Transactions 3. Analyzing Business Transactions Using T Accounts 4. The General Journal and the General Ledger 5. Adjustments and the Worksheet 6. Closing Entries and the Postclosing Trial Balance 7. Accounting for Sales and Accounts Receivable 8. Accounting for Purchases and Accounts Payable 9. Cash Receipts, Cash Payments, and Banking Procedures 10. Payroll Computations, Records, and Payment 11. Payroll Taxes, Deposits, and Reports 12. Accruals, Deferrals, and the Worksheet 13. Financial Statements and Closing Procedures 14. Accounting Principles and Reporting Standards 15. Accounts Receivable and Uncollectible Accounts 16. Notes Payable and Notes Receivable 17. Merchandise Inventory 18. Property, Plant, and Equipment 19. Accounting for Partnerships 20. Corporations: Formation and Capital Stock Transactions 21. Corporate Earnings and Capital Transactions 22. Long-Term Bonds 23. Financial Statement Analysis 36 Chapter 1: Introduction to Accounting Chapter 2: Accounting for Business Transactions Chapter 3: Applying Double-Entry Accounting Chapter 4: Preparing the General Journal and General Ledger Chapter 5: Adjusting Accounts and Preparing Financial Statements Chapter 6: Closing Process and Financial Statements Chapter 7: Fraud, Ethics, and Controls Chapter 8: Cash and Cash Controls Chapter 9: Employee Earnings, Deductions, and Payroll Chapter 10: Employer Payroll Tax Reporting Chapter 11: Merchandise Sales and Accounts Receivable Chapter 12: Merchandise Purchases and Accounts Payable Chapter 13: Merchandiser’s Purchases Adjustments and Trail Balance Chapter 14: Merchandiser’s Financial Statements and the Closing Process Appendix A: Financial Statements Information Appendix B: Accounting Principles Appendix C via Web: Capital Budgeting and Investment Analysis Appendix D via Web: Time Value of Money Accounting COLLEGE ACCOUNTING CHAPTER 1-29 WITH ANNUAL REPORT 2nd Edition By John J Wild, University of Wisconsin-Madison, Vernon Richardson, University of Arkansas-Fayetteville and Ken Shaw, University of Missouri-Columbia 2011 (January 2010) ISBN: 9780077346096 www.mhhe.com/wildCA2e College Accounting by Wild, Richardson, and Shaw draws upon the success of Wild’s Fundamental Accounting Principles text. Its innovation is reflected in its extensive use of small business examples, the integration of new computerized learning tools, superior end-ofchapter material, and a highly engaging, pedagogical design. Inclusion of technology products such as Connect, Connect Plus, Excel Templates, and QuickBooks Pro 2010 software provides students with every possible advantage as they strive to understand the key concepts of accounting and their role in business. Accounting Information Systems International edition NEW *9780078025334* ACCOUNTING INFORMATION SYSTEMS 3rd Edition By Robert Hurt, Californina State Poly University-Pomona Contents Chapter 1: Introduction to Accounting Chapter 2: Accounting for Business Transactions Chapter 3: Applying Double-Entry Accounting Chapter 4: Preparing the General Journal and General Ledger Chapter 5: Adjusting Accounts and Preparing Financial Statements Chapter 6: Closing Process and Financial Statements Chapter 7: Fraud, Ethics, and Controls Chapter 8: Cash and Cash Controls Chapter 9: Employee Earnings, Deductions, and Payroll Chapter 10: Employer Payroll Tax Reporting Chapter 11: Merchandise Sales and Accounts Receivable Chapter 12: Merchandise Purchases and Accounts Payable Chapter 13: Merchandiser’s Purchases Adjustments and Trail Balance Chapter 14: Merchandiser’s Financial Statements and the Closing Process Chapter 15: Accounts Receivable and Uncollectibles Chapter 16: Notes Receivable and Notes Payable Chapter 17: Inventories and Cost of Sales Chapter 18: Plant Assets, Natural Resources, and Intangibles Chapter 19: Accounting for Partnerships Chapter 20: Corporate Formation and Stock Transactions Chapter 21: Corporate Earnings, Taxes, and Distributions Chapter 22: Long-Term Bonds Chapter 23: Cash Flow Reporting Chapter 24: Financial Statement Analysis Chapter 25: Managerial Accounting Concepts and Principles Chapter 26: Departmental and Responsibility Accounting Chapter 27: Job Order Cost Accounting Chapter 28: Budgets and Standard Costing Chapter 29: Relevant Costing for Managerial Decisions Appendix A: Financial Statements Information Appendix B: Accounting Principles Appendix C*: Capital Budgeting and Investment Decisions Appendix D*: Time Value of Money * Appendixes C and D are available on the book’s Website, mhhe. com/wildCA, and as print copy from a McGraw-Hill representative 2013 (February 2012) / 448 pages ISBN: 9780078025334 ISBN: 9780071318426 [IE] www.mhhe.com/hurt3e (Details unavailable at press time) International edition ACCOUNTING INFORMATION SYSTEMS 2nd Edition By Robert Hurt, Californina State Poly University-Pomona 2010 (November 2009) / 448 pages ISBN: 9780078111051 ISBN: 9780071220521 [IE] www.mhhe.com/hurt2e Hurt’s Accounting Information Systems, 2e continues to take a fresh new approach that puts judgment and critical thinking, not technology, at the heart of the AIS course. Using a conversational writing style appealing to students, this book presents AIS as an art as much as a science. AIS is presented as a set of fundamental ideas and concepts that can be applied in various organizational contexts. Students are provided with vocabulary they will need to succeed in the profession and ensuring that they can communicate clearly and effectively about accounting information systems with both accountants and nonaccountants. The text end-of-chapter exercises and assessment tools are all competency-based, distilling knowledge to its essential elements and then encouraging students to use those essential elements to think for themselves. Contents Part One Introduction and Basic Concepts 1 Role and Purpose of Accounting Information Systems 2 Transaction Processing in the AIS 3 Professionalism and Ethics 4 Internal Controls Part Two Documentation Techniques 5 Flowcharting 6 Data Flow Diagramming 7 REAL Modeling Part Three Systems Analysis and Information Technology 8 Information Systems Concepts 9 XBRL 10 E-business and Enterprise Resource Planning Systems Part Four Business Processes 11 Sales/Collection Process 37 Accounting 12 Acquisition/Payment Process 13 Other Business Processes 14 Business Process Management Part Five Other Topics in Accounting Information Systems 15 Computer Crime and Information Technology Security 16 Decision-Making Models and Knowledge Management 17 Professional Certifications and Career Planning 18 Auditing and Evaluating the AIS Glossary Comprehensive Chapter References Index ACCOUNTING INFORMATION AND REPORTING SYSTEMS By Al Aseervatham, Moreton Institute of TAFE in Queensland 2009 ISBN: 9780070286733 Enterprise Ontology Chapter 3: The REA Enterprise Ontology: Value System and Value Chain Modeling Chapter 4: The REA Enterprise Ontology: Business Process Modeling Chapter 5: Task Level Modeling Chapter 6: Relational Database Design: Converting Conceptual REA Models to Relational Databases Chapter 7: Information Retrieval from Relational Databases Chapter 8: The Sales/Collection Business Process Chapter 9: The Acquisition/Payment Business Process Chapter 10: View Integration and Implementation Compromises View Integration Chapter 11: The Conversion Business Process Chapter 12: The Human Resource Business Process Chapter 13: The Financing Business Process Chapter 14: Introduction to Enterprise System Risks and Controls Chapter 15: ERP Systems and E-Commerce: Intra- and InterEnterprise Modeling McGraw-Hill Australia Title www.mhhe.com/au/aseervatham The only Australian book on accounting information systems. This innovative new text follows a logical progression from basic principles and builds on the knowledge acquired in each chapter. A running case study throughout the book offers a practical application of the theory that is developed in each chapter. With learning objectives, key terms, practical and numerical examples, summaries, self-test problems and review exercises this text provides all the teaching and learning tools students require. Contents Chapter 1 Information systems Chapter 2 Business activities and transaction processing Chapter 3 Documentation techniques and databases Chapter 4 Project management tools Chapter 5 System requirements Chapter 6 Accounting information systems and security Chapter 7 Accounting statutory obligations Chapter 8 Testing and documenting systems Chapter 9 The implementation of systems and records Chapter 10 Monitoring reporting systems and reviewing reporting procedures Chapter 11 Accounting transaction titles Chapter 12 The revenue cycle Chapter 13 The expenditure cycle Chapter 14 The payroll cycle Chapter 15 The conversion cycle Chapter 16 The financial cycle Solutions Index Advanced Accounting International edition NEW *9780078025402* ADVANCED ACCOUNTING 11th Edition By Joe Ben Hoyle, University of Richmond, Thomas Schaefer, University of Notre Dame and Timothy Doupnik, University of South Carolina 2013 (February 2012) / 928 pages ISBN: 9780078025402 ISBN: 9780071318211 [IE] www.mhhe.com/hoyle11e (Details unavailable at press time) International edition ENTERPRISE INFORMATION SYSTEMS A Pattern-Based Approach, 3rd Edition By Cheryl Dunn, Florida State University—Tallahassee, J. Owen Cherrington, Brigham Young Univeristy—Provo and Anita Sawyer Hollander, University of Tennessee—Knoxville, Anita Hollander, University of Tulsa, Eric Denna and Jay Owen Cherrington, and Brigham Young University - Provo 2005 / 544 pages ISBN: 9780071253192 [IE] CONTENTS Chapter 1: An Introduction to Integrated Enterprise Information Systems Chapter 2: Representation and Patterns: An Introduction to the REA 38 REVIEW COPY (Available for course adoption only) To request for a review copy, contact your local McGraw-Hill representatives or, fax the Review Copy Request Form found in this catalog or, e-mail your request to mghasia_sg@mcgraw-hill.com or, submit online at www.mheducation.asia Accounting International edition NEW *9780078025396* FUNDAMENTALS OF ADVANCED ACCOUNTING 5th Edition By Joe Ben Hoyle, University of Richmond, Thomas Schaefer, University of Notre Dame and Timothy Doupnik, University of South Carolina 2013 (March 2012) / 640 pages ISBN: 9780078025396 ISBN: 9780071318259 [IE] www.mhhe.com/hoyle5e (Details unavailable at press time) International edition NEW *9780078025648* ESSENTIALS OF ADVANCED FINANCIAL ACCOUNTING By Richard E Baker, Northern Illinois University, Theodore Christensen and David Cottrell of Brigham Young University-Provo 2012 (February 2011) / 864 pages ISBN: 9780078025648 ISBN: 9780071325998 [IE] www.mhhe.com/baker2012 Essentials of Advanced Financial Accounting is an up-to-date and highly illustrated presentation of the accounting and reporting principles and procedures used in a variety of business entities. The book is ideal for instructors who have only a single term or semester to teach the core elements of the advanced accounting material that is most frequently represented on the CPA exam; this text contains the essential information on consolidations, multinational entities, partnerships, and governmental and not-for-profit entities. Most one-term courses are unable to cover all the topics included in a traditional comprehensive advanced accounting text. In recognition of time constraints, this text is structured to provide the most efficient use of the time available, while maintaining all the learning support and ancillary materials that cover these essential topics. For students and instructors who would like to cover a wider set of topics, we invite you to examine our comprehensive text, Advanced Accounting, which is now in its ninth edition. The text is highly illustrated with complete presentations of worksheets, schedules, and financial statements so that students can see the development of each topic. Inclusion of all recent FASB and GASB pronouncements and the continuing deliberations of the authoritative bodies provide a current and contemporary text for students preparing for the CPA Examination and current practice. The book’s building block approach introduces concepts with simple examples and then gradually introduces complexity, allowing students to easily keep pace with the material. NEW TO THIS EDITION McGraw-Hill Connect Accounting and Connect Plus Accounting: This edition will include Connect and Connect Plus to be available for fall 2011. Introductory Vignettes—Each chapter begins with a brief story of a well-known company to illustrate why topics covered in that chapter are relevant in current practice. New FASB Codification—All authoritative citations to U.S. GAAP include secondary citations to the new FASB codification. We maintain the authoritative citations during this period of transition. The next edition will transition completely to the FASB codification. IFRS Comparisons—As the FASB and IASB work toward convergence to a single set of global accounting standards, the SEC is debating the wholesale introduction of international financial reporting standards (IFRS). Given the SEC’s February 2010 work plan, students need to prepare for the imminent transition to IFRS. The text summarizes key differences between current U.S. GAAP and IFRS to make students aware of changes that will likely occur if the SEC adopts IFRS in the near future. A Building-Block Approach to Consolidation—Virtually all advanced financial accounting classes cover consolidation at least to some extent. While this topic is perhaps the most important to instructors, students frequently struggle to gain a firm grasp of consolidation principles. The text introduces consolidation concepts and procedures more gradually by beginning the discussion earlier in chapters 2 and 3. Reorganization of Consolidation Elimination Entries—Consistent with the building block approach to consolidation, the text organizes the elimination entries used in consolidation to facilitate the elimination of the investment in a subsidiary in two steps: (1) first the book value portion of the investment and income from the subsidiary are eliminated and (2) then the differential portion of the investment and income from subsidiary are eliminated with separate entries. This approach facilitates the building-block approach in chapters 2-5. The text also uses frequent illustrations to help students visualize the steps in the elimination process. Presentation of Intercompany Transactions— Intercompany inventory transfers are presented before fixed-asset transfers. Inventory transfers are (1) far more common than fixed-asset transfers and (2) easier for students to understand. The fully adjusted equity method is presented in Chapters 6 and 7. This method links back to the building-block approach in Chapters 2–5. Instructor Resources—The authors have developed a set of PowerPoint slides designed to do much more than simply summarize the topics in each chapter. They illustrate key concepts but also include group exercises and practice quiz questions to give students hands-on practice in class to better prepare them for future homework and assessment experiences. Instructors benefit from proven interactive class discussions and exercises fully annotated by the authors. Advanced Study Guide—The book introduces the most cutting edge technology supplement ever delivered in the advanced accounting market. AdvancedStudyGuide.com is a product created exclusively by the authors of the text which represents a new generation in study resources available to students as well as a new direction and options in the resources Instructors can use to help their students and elevate their classroom experiences CONTENTS 1 Intercorporate Acquisitions and Investments in Other Entities 2 Reporting Intercorporate Investments and Consolidation of Wholly Owned Subsidiaries with No Differential 3 The Reporting Entity and Consolidation of Less-than-Wholly-Owned Subsidiaries with No Differential 4 Consolidation of Wholly Owned Subsidiaries Acquired at More than Book Value 5 Consolidation of Less-than-Wholly-Owned Subsidiaries Acquired at More than Book Value 39 Accounting 6 Intercompany Inventory Transactions 7 Intercompany Transfers of Services and Noncurrent Assets 8 Multinational Accounting: Foreign Currency Transactions and Financial Instruments 9 Multinational Accounting: Issues in Financial Reporting and Translation of Foreign Entity Statements 10 Partnerships: Formation, Operation, and Changes in Membership 11 Partnerships: Liquidation 12 Governmental Entities: Introduction and General Fund Accounting 13 Governmental Entities: Special Funds and Government-wide Financial Statements International edition ADVANCED FINANCIAL ACCOUNTING Chapter 18: Governmental Entities: Special Funds and Governmentwide Financial Statements Chapter 19: Not-for-Profit Entities Chapter 20: Corporations in Financial Difficulty International edition ADVANCED ACCOUNTING 10th Edition By Joe Ben Hoyle, University of Richmond, Thomas Schaefer, University of Notre Dame and Timothy Doupnik, University of South Carolina 2011 (March 2010) / 928 pages ISBN: 9780078136627 ISBN: 9780071327091 [IE] 9th Edition www.mhhe.com/hoyle10e By Richard E Baker, Northern Illinois University, Valdean C Lembke, University of Iowa, Thomas E King, Southern Illinois University and Cynthia Jeffrey, Iowa State University 2011 (December 2010) / 1120 pages ISBN: 9780078110924 ISBN: 9780071289108 [IE] The approach used by Hoyle, Schaefer, and Doupnik in the new edition allows students to think critically about accounting, just as they will do while preparing for the CPA exam and in their future careers. With this text, students gain a well-balanced appreciation of the Accounting profession. As Hoyle 10e introduces them to the field’s many aspects, it often focuses on past controversies and present resolutions. The text continues to show the development of financial reporting as a product of intense and considered debate that continues today and into the future. The writing style of the nine previous editions has been highly praised. Students easily comprehend chapter concepts because of the conversational tone used throughout the book. The authors have made every effort to ensure that the writing style remains engaging, lively, and consistent which has made this text the market leading text in the Advanced Accounting market. The Tenth Edition includes an increase integration of IFRS as well as the updated accounting standards. www.mhhe.com/baker9e The Ninth Edition of Advanced Financial Accounting is an up-to-date, comprehensive, and highly illustrated presentation of the accounting and reporting principles and procedures used in a variety of business entities. This edition continues to provide strong coverage of advanced accounting topics, with clarity of presentation and integrated coverage based on continuous case examples. The text is highly illustrated with complete presentations of worksheets, schedules, and financial statements so that students can see the development of each topic. Inclusion of all recent FASB and GASB pronouncements and the continuing deliberations of the authoritative bodies provide a current and contemporary text for students preparing for the CPA Examination and current practice. This has become especially important given the recent rapid pace of the authoritative bodies in dealing with major issues having far-reaching The book’s building block approach introduces concepts with simple examples and then gradually introduces complexity, allowing students to easily keep pace with the material. The key strengths of this text are the clear and readable discussions of concepts and the detailed demonstrations of concepts through illustrations and explanations. The many favorable responses to prior editions from both students and instructors confirm our belief that clear presentation and comprehensive illustrations are essential to learning the sophisticated topics in an advanced accounting course. Contents Chapter 1: Intercorporate Acquisitions and Investments in Other Entities Chapter 2: Reporting Intercorporate Interests Chapter 3: The Reporting Entity and Consolidated Financial Statements Chapter 4: Consolidation of Wholly Owned Subsidiaries Chapter 5: Consolidation of Less-Than-Wholly-Owen Subsidiaries Chapter 6: Intercompany Transfers Noncurrent Assets Chapter 7: Intercompany Inventory Transactions Chapter 8: Intercompany Indebtedness Chapter 9: Consolidation Ownership Issues Chapter 10: Additional Consolidation Reporting Issues Chapter 11: Multinational Accounting: Foreign Currency Transactions and Financial Instruments Chapter 12: Multinational Accounting: Translation of Foreign Entity Statements Chapter 13: Segment and Interim Reporting Chapter 14: SEC Reporting Chapter 15: Partnerships: Formation, Operation, and Changes in Membership Chapter 16: Partnerships: Liquidation Chapter 17: Governmental Entities: Introduction and General Fund Accounting 40 CONTENTS 1 The Equity Method of Accounting for Investments 2 Consolidation of Financial Information 3 Consolidations: Subsequent to the Date of the Acquisition 4 Consolidated Financial Statements and Outside Ownership 5 Consolidated Financial Statements: Intercompany Asset Transactions 6 Variable Interest Entities, Intercompany Debt, Consolidated Cash Flows, and Other Issues 7 Consolidated Financial Statements: Ownership Patterns and Income Taxes 8 Segment and Interim Reporting 9 Foreign Currency Transactions and Hedging Foreign Exchange Risk 10 Translation of Foreign Currency Financial Statements 11 Worldwide Accounting Diversity and International Standards 12 Financial Reporting and the Securities and Exchange Commission 13 Accounting for Legal Reorganizations and Liquidations 14 Partnerships: Formation and Operations 15 Partnerships: Termination and Liquidation 16 Accounting for State and Local Governments (Part I) 17 Accounting for State and Local Governments (Part II) 18 Accounting and Reporting for Private Not-for-Profit Organizations 19 Accounting for Estates and Trusts Accounting FUNDAMENTALS OF ADVANCED ACCOUNTING 4th Edition By Joe Ben Hoyle, University of Richmond, Thomas Schaefer, University of Notre Dame and Timothy Doupnik, University of South Carolina 2011 (April 2010) / 640 pages ISBN: 9780078136634 www.mhhe.com/hoyle4e Fundamentals of Advanced Accounting, 4/e is ideal for those schools wanting to cover 12 chapters in their advanced accounting course. This brief yet concise text allows students to think critically about accounting, just as they will do preparing for the CPA exam. With this text, students gain a well-balanced appreciation of the Accounting profession. The text continues to show the development of financial reporting as a product of intense and considered debate that continues today and into the future as it originates from Hoyle’s big text Advanced Accounting. The writing style of the three previous editions has been highly praised. Students easily comprehend chapter concepts because of the conversational tone used throughout the book. The authors have made every effort to ensure that the writing style remains engaging, lively, and consistent which has made Hoyle the market leading franchise in the Advanced Accounting market. The Fourth Edition includes an increase integration of IFRS as well as the updated accounting standards. CONTENTS 1 The Equity Method of Accounting for Investments 2 Consolidation of Financial Information 3 Consolidations: Subsequent to the Date of the Acquisition 4 Consolidated Financial Statements and Outside Ownership 5 Consolidated Financial Statements: Intercompany Asset Transactions 6 Variable Interest Entities, Intercompany Debt, Consolidated Cash Flows, and Other Issues 7 Foreign Currency Transactions and Hedging Foreign Exchange Risk 8 Translation of Foreign Currency Financial Statements 9 Partnerships: Formation and Operations 10 Partnerships: Termination and Liquidation 11 Accounting for State and Local Governments (Part I) 12 Accounting for State and Local Governments (Part II) NEW *9780071312912* CONSOLIDATED FINANCIAL STATEMENTS 2nd Edition By Ng Eng Juan 2011 (August 2010) / 592 pages ISBN: 9780071312912 An Asian Publication Consolidated Financial Statements (Singapore) is a comprehensive guide to the preparation of consolidated financial statements in Singapore. It discusses consolidated financial statements in the context of the Singapore statutes and the Financial Reporting Standards (FRS) issued by the Accounting Standards Council that are effective as at 1 July 2009. In this second edition, the book has been updated for the new requirements of two new FRS, namely FRS 27 (2009) Consolidated and Separate Financial Statements and FRS 103 (2009) Business Combinations. The chapter arrangement in this second edition is the same as that in the first edition, except for the inclusion of the sections on Joint Ventures in Chapters 6 and 7. This book is written based on many years of teaching, research and practical experience. It adopts a professional approach and is presented in a step-by-step, easy-to-understand style. It contains more than 80 illustrative examples and numerous problems for self-study. Topics Covered Consolidated balance sheets (also referred to as consolidated statements of financial position), consolidated statement of comprehensive income, consolidated statement of changes in equity and consolidated statement of cash flows Changes in shareholding interests Complex group structure Investment in associates Investment in joint ventures Foreign subsidiaries, associates and joint ventures Consolidation theory Merger accounting CONTENTS Preface to the Second Edition Preface to the First Edition About the Author Table of Statutes, Accounting Institutions and Accounting Standards Chapter 1 Introduction 1.1 What Are Consolidated Financial Statements? 1.2 Who Has to Present Consolidated Financial Statements? 1.3 Consolidation Procedures 1.4 Usefulness and Limitations of Consolidated Financial Statements 1.5 Approaches Adopted in This Book Chapter 2 Consolidation at the Date of Acquisition 2.1 Introduction 2.2 Combination of Accounts 2.3 Fair Value Adjustments 2.4 Goodwill on Consolidation 2.5 Non-controlling Interest 2.6 Summary Problems for Self-study 46 Chapter 3 Consolidation Subsequent to the Date of Acquisition 3.1 Introduction 3.2 Consolidated Statement of Comprehensive Income 5 3.3 Pre-acquisition and Post-acquisition Reserves 3.4 Intragroup Account Balances 3.5 Unrealized Intragroup Profits and Losses 3.6 Intragroup Dividend 3.7 Other Consolidation Adjustments 3.8 New Rules for Non-Controlling Interest 3.9 Summary Problems for Self-study Chapter 4 Changes in Shareholding Interest and Other Specific Issues 4.1 Introduction 4.2 Changes in Shareholding Interest 4.3 Other Specific Issues 4.4 Summary Problems for Self-study Chapter 5 Complex Group Structure 5.1 Introduction 5.2 Father-son-grandson Structure 5.3 Connecting Affiliation Structure 5.4 Cross Holdings 5.5 Summary Problems for Self-study Chapter 6 Associates and Joint Ventures 6.1 Introduction 6.2 Associate: Definition 6.3 Equity Accounting: Basic Principles 6.4 Difference between Cost and Underlying Net Assets 6.5 Transactions between Parent and Associate 6.6 Impairment Loss 6.7 Changes in Shareholding Interest 41 Accounting 6.8 Indirect Shareholding 6.9 Joint Ventures 6.10 Summary Problems for Self-study Chapter 7 Foreign Subsidiaries, Associates and Joint Ventures 7.1 Introduction 7.2 Translation Process 7.3 Foreign Subsidiary 7.4 Foreign Associate 7.5 Foreign Joint Ventures 7.6 Summary Problems for Self-study Chapter 8 Consolidated Statement of Cash Flows 8.1 Introduction 8.2 Non-controlling interest 8.3 Associates 8.4 Acquisition of Subsidiary 8.5 Disposal of Subsidiary 8.6 Foreign Subsidiary and Associate 8.7 A Comprehensive Illustration 8.8 Summary Appendix 8A: Statement of Cash Flows Problems for Self-study Chapter 9 Consolidated Statement of Changes in Equity 9.1 Introduction 9.2 Requirements of FRS 1 9.3 Consolidation Issues 9.4 Summary Problems for Self-study Chapter 10 Further Issues 10.1 Introduction 10.2 Consolidation Theories 10.3 Pooling of Interests (Merger) Method 10.4 Summary Index Competencies Focuses on the requirements of accounting standards within the IAS and IFRS reporting framework and provides in-depth coverage of how to apply them to complex settings. Rigorous and comprehensive illustrations, explanations and problem sets aimed at achieving high standards of professional competencies demanded by accountancy bodies worldwide. Analytical checks to allow for self-auditing of answers. Contents 1 Economic Perspectives of Risk Reporting 2 Group Reporting I: Concepts and Context 3 Group Reporting II: Application of the Purchase Method under IFRS 3 4 Group Reporting III: Consolidation under IAS 27 5 Group Reporting IV: Equity Accounting under IAS 28 6 Group Reporting V: Special Issues 7 Accounting for the Effect of Changes in Foreign Exchange Rates 8 Financial Instruments: Classification, Recognition and Measurement 9 Accounting for Derivatives and Hedging 10 Accounting for Taxes on Income 11 Earnings per Share 12 Share-based Payment International edition MODERN ADVANCED ACCOUNTING 10th Edition By E. John Larsen, University of Southern California 2006 / 880 pages ISBN: 9780073211596 (with OLC with Premium Content Card) ISBN: 9780071244596 [IE with OLC and Premium Card] www.mhhe.com/larsen10e CONTENTS ADVANCED FINANCIAL ACCOUNTING Updated Edition By Pearl Tan and Peter Lee 2009 (March 2009) / 672 pages ISBN: 9780071269339 An Asian Publication This book covers advanced level topics in financial reporting within the International Accounting Standards (IAS) and International Financial Reporting Standards (IFRS) reporting framework. While the book is aimed at advanced level accounting degree students in tertiary institutions, it is a useful primer for practitioners who wish to reinforce their knowledge of rapidly changing accounting standards. (Note: There is a new section on permissible reclassification of financial assets. In the wake of the global financial crisis, the IASB in October 2008 permitted limited reclassifications from fair value through profit or loss to align IAS 39 with US GAAP). Features Inclusion of the most recent amendments to existing standards including the revised IFRS 3 (2008) and revised IAS 27 (2008). Coverage of complex topics: business combinations, consolidation, equity accounting, translation of foreign transactions and foreign operations, financial instruments, share-based payments, earnings per share, deferred taxation and risk reporting disclosures. Application of the three “Cs” of sound accounting pedagogy: Concepts Principles-based to enhance students’ conceptual understanding of the underlying rationale of accounting requirements. Context Emphasizes the importance of understanding the economics of and motivations for the specific transactions that are the subject of accounting rules. 42 Chapter One. Ethical Issues in Advanced Accounting Chapter Two. Partnerships: Organization and Operation Chapter Three. Partnership Liquidation and Incorporation; Joint Ventures Chapter Four. Accounting for Branches; Combined Financial Statements Chapter Five. Business Combinations Chapter Six. Consolidated Financial Statements: On Date of Business Combination Chapter Seven. Consolidated Financial Statements: Subsequent to Date of Business Combination Chapter Eight. Consolidated Financial Statements: Intercompany Transactions Chapter Nine. Consolidated Financial Statements: Income Taxes, Cash Flows, and Installment Acquisitions Chapter Ten. Consolidated Financial Statements: Special Programs Chapter Eleven. International Accounting Standards; Accounting for Foreign Currency Transactions Chapter Twelve. Translation of Foreign Currency Financial Statements Chapter Thirteen. Reporting for Components; Interim Reports; Reporting for SEC Chapter Fourteen. Bankruptcy: Liquidation and Reorganization Chapter Fifteen. Estates and Trusts Chapter Sixteen. Nonprofit Organizations Chapter Seventeen. Governmental Entities: General Fund Chapter Eighteen. Governmental Entities: Other Governmental Funds and Account Groups Chapter Nineteen. Governmental Entities: Proprietary Funds, Fiduciary Funds, and Comprehensive Annual Financial Report Accounting International edition ACCOUNTING FOR DERIVATIVES AND HEDGING By Mark Trombley, University of Arizona 2003 / 240 pages ISBN: 9780072440447 ISBN: 9780071199209 [IE] www.mhhe.com/trombley CONTENTS 1. Introduction to Hedging. 2. Accounting for Derivatives and Hedging. 3. Interest Rate Swaps. 4. Interest Rate Futures and Options. 5. Foreign Currency Derivatives and Hedging. 6. Additional Topics. Auditing International edition NEW *9780078025440* AUDITING & ASSURANCE SERVICES 5th Edition By Timothy J Louwers, James Madison University, Robert J Ramsay, University of KentuckyLexington, David Sinason, Northern Illinois University and Jerry R Strawser, Texas A&M University-College Station 2013 (January 2012) / 896 pages ISBN: 9780078025440 ISBN: 9780071318143 [IE] (Details unavailable at press time) NEW *9780077520151* AUDITING & ASSURANCE SERVICES 8th Edition By William F Messier, Georgia State University and Steven M Glover, Douglas F Prawitt of Brigham Young University-Provo The authors believe students are best served by acquiring a strong understanding of the basic concepts that underlie the audit process and how to apply those concepts to various audit and assurance services. The primary purpose for an auditing text is not to serve as a reference manual but to facilitate student learning, and this text is written accordingly. The text is accessible to students through straightforward writing and the use of engaging, relevant real-world examples, illustrations, and analogies. The text explicitly encourages students to think through fundamental concepts and to avoid trying to learn auditing through rote memorization. Students are prompted by the text to “stop and think,” at important points in the text, in order to help them apply the principles covered. The text continues to take a systematic approach to the audit process by first introducing the three underlying concepts: audit risk, materiality, and evidence. This is followed by a discussion of audit planning, the assessment of control risk, and a discussion of the nature, timing, and extent of evidence necessary to reach the appropriate level of detection risk. These concepts are then applied to each major business process and related account balances using a risk-based approach. In covering these important concepts and their applications, the book focuses on critical judgments and decision-making processes followed by auditors. Much of auditing practice involves the application of auditor judgment. If a student understands these basic concepts and how to apply them to an audit engagement, he or she will be more effective in today’s dynamic audit environment. Contents Part 1 Introduction to Assurance and Financial Statement Auditing Chapter 1 An Introduction to Assurance and Financial Statement Auditing Chapter 2 The Financial Statement Auditing Environment Part 2 Audit Planning and Basic Auditing Concepts Chapter 3 Audit Planning, Types of Audit Tests, and Materiality Chapter 4 Risk Assessment Chapter 5 Evidence and Documentation Part 3 Understanding and Auditing Internal Control Chapter 6 Internal Control in a Financial Statement Audit Chapter 7 Auditing Internal Control over Financial Reporting Part 4 Statistical and Nonstatistical Sampling Tools for Auditing Chapter 8 Audit Sampling: An Overview and Application to Tests of Controls Chapter 9 Audit Sampling: An Application to Substantive Tests of Account Balances Part 5 Auditing Business Processes Chapter 10 Auditing the Revenue Process Chapter 11 Auditing the Purchasing Process Chapter 12 Auditing the Human Resource Management Process Chapter 13 Auditing the Inventory Management Process Chapter 14 Auditing the Financing/Investing Process: Prepaid Expenses, Intangible Assets, and Property, Plant, and Equipment Chapter 15 Auditing the Financing/Investing Process: Long-Term Liabilities, Stockholders’ Equity, and Income Statement Accounts Chapter 16 Auditing the Financing/Investing Process: Cash and Investments Part 6 Completing the Audit and Reporting Responsiblities Chapter 17 Completing the Audit Engagement Chapter 18 Reports on Audited Financial Statements Part 7 Professional Responsibilities Chapter 19 Professsional Conduct, Independence, and Quality Control Chapter 20 Legal Liability Part 8 Assurance, Attestation, and Internal Auditing Services Chapter 21 Assurance, Attestation, amd Internal Auditing Services Professional Judgement Module (avaliable online on the text website www.mhhe.com/messier8e) Index 2012 (September 2011) ISBN: 9780077520151 (with ACL Software CD) www.mhhe.com/messier8e 43 Accounting International edition NEW *9780073404004* AUDITING AND ASSURANCE SERVICES An Applied Approach By Iris Stuart, California State University-Fullerton 2012 (February 2011) / 464 pages ISBN: 9780073404004 ISBN: 9780071317160 [IE] www.mhhe.com/stuart1e Stuart’s Auditing and Assurance Services: An Applied Approach is a concise, easy-to-read auditing text that trains students of today for the business world that they will face tomorrow. Using a fresh approach that introduces auditing application prior to auditing theory, students will encounter auditing in practice first, become more engaged in the subject matter, and consequently feel more readily prepared to understand the more challenging theoretical concepts. Stuart further engages students by highlighting real-world accounting scandals and by including the most up-to-date standards, including international coverage. Most chapters begin with an overview to set the stage. All chapters end with a takeaway summary of key points. Stuart’s writing style is conversational and easy to read. Exhibits Many exhibits are highlighted throughout the text to call attention to key points. Contents Chapter 1 What Is Auditing? Chapter 2 The Audit Planning Process: Understanding the Risk of Material Misstatement Chapter 3 Internal Controls Appendix A: Information Systems Auditing Chapter 4 Auditing the Revenue Business Process Appendix A: BCS Private Ltd. Appendix B: BCS Private Ltd. Chapter 5 Audit Evidence and the Auditor’s Responsibility for Fraud Detection Chapter 6 Auditing the Acquisition and Expenditure Business Process Chapter 7 Auditing the Inventory Business Process Chapter 8 Audit Sampling: Tests of Internal Controls Chapter 9 Audit Sampling: Substantive Tests of Details Chapter 10 Cash and Investment Business Processes Chapter 11 Long-Term Debt and Owner’s Equity Business Process Chapter 12 Completing the Audit Chapter 13 Audit Reports Chapter 14 The Auditing Profession GLOSSARY Features Unique Topical Organization Most auditing books are organized with the first half covering theory and the second half covering how to audit an accounting cycle. Stuart, however, introduces the applications of auditing before the theoretical details and, in doing so, this text helps to retain student interest, understanding, and motivation in a traditionally dry and difficult subject area. Non-Traditional Treatment of Sampling Chapters The concepts of sampling, sampling and non-sampling risk, and statistical and non-statistical sampling have been retained, but the sampling plans for internal control testing and substantive testing have been written to expose students to sampling issues that they actually will face in an audit. To further enhance this element, standardized worksheets and written examples collaborated on with the “Big Four” CPA firms have been utilized to give students the most accurate realworld experiences possible. High Quality End-of-Chapter Assignment Material The end-of-chapter assignment material includes Review Questions, Multiple Choice Questions from CPA Examinations, Discussion Questions and Research Problems, Real-World Auditing Problems, and Internet Assignments, all tied to the respective chapter’s key learning objectives. Current and Comprehensive Standards Stuart begins each chapter by noting the relevant standards from the following sets: auditing standards for private companies, auditing standards for public companies, and international standards. “Did You Know?” Features This pedagogical feature highlights real-world accounting scandals to further engage students in ethical dilemmas and connect theory to practice. After each source document, Stuart asks the students a relevant critical thinking question. The feature is integrated within the text so that students do not assume it is unimportant and skips it. Chapter Overview and Chapter Takeaways 44 International edition NEW *9780077486273* PRINCIPLES OF AUDITING AND OTHER ASSURANCE SERVICES 18th Edition By Ray Whittington, DePaul University/McGowan Center, Kurt Pany, Arizona State UniversityTempe 2012 (March 2011) / 864 pages ISBN: 9780077486273 (with ACL Software CD) ISBN: 9780071317139 [IE with ACL Software CD] www.mhhe.com/whittington18e Whittington/Pany is our market leader in the auditing discipline. While most textbooks use a cycles approach, Whittington/Pany enlists a balance sheet approach – making it particularly straightforward and user-friendly in addressing the auditing profession’s risk-based approach for financial statement audits as well as for integrated audits of financial statements and internal control. The 18th edition covers the latest auditing standards to meet the needs of the current marketplace. The authors are well connected – both Ray Whittington and Kurt Pany served as members of the Audit Standards Board, and Whittington recently completed his term as President of the Auditing Section of the American Accounting Association. New to this edition The 18th edition has been thoroughly revised to reflect two very major changes in auditing: 1) The AICPA’s “clarity project” which has resulted in complete revi- Accounting sion and recodification of the Auditing Standards Board’s standards (1) to make standards easier to read, understand, and apply, and (2) to converge those standards with the International Standards of Auditing to the extent considered desirable. Almost all outstanding Statements on Auditing Standard were revised, with an effective date for audits of periods ending after December 15, 2012. 2) Modification of the CPA exam’s Auditing and Attestation section content, including elimination of 2 “long” simulations on each exam and replacement with 6-7 shorter, completely objective form simulations. Modifications to Reflect Changes in the Auditing Standards: The broad scope of the clarity project has resulted in changes to each chapter--some relatively minor, but others very major. Among the most major clarity project changes are: Chapter 2: Professional Standards This chapter is rewritten to reflect the Auditing Standards Board’s elimination of the longstanding “ten generally accepted auditing standards”--that is, the three general standards, three field work standards, and the four reporting standards. For purposes of AICPA professional standard coverage the chapter now discusses in detail the new Principles Underlying an Audit Conducted in Accordance with Generally Accepted Auditing Standards that replaced the ten standards. Yet, because the PCAOB standards continue to be structured about the ten standards, those standards remain in place for public company audits and are also discussed in the chapter. In addition, coverage includes presentation of the new “standard” audit report and modified reports. An appendix has been added to this chapter to compare major differences between international and US standards. Chapter 17: Auditors’ Reports. Changes in AICPA terminology reflected here better align U.S. GAAS with international standards. For example, an unqualified report is now an unmodified report; an explanatory paragraph is now an emphasis of matter, an other matter paragraph or a basis for modification paragraph; an audit involving other auditors is now a group audit. But there have also been many other changes, including changes in the standard audit report’s wording and changes in requirements in a number of areas in which a report other than “standard” is issued. Chapter 19: Additional Assurance Services: Historical financial Information. The clarity standards, following the international standard approach, use the term “financial reporting framework” to represent the standards used to prepare historical financial information. In essence the “financial reporting framework” becomes the “suitable criteria” for historical financial information. This results in a number of changes relating to this chapter, including elimination of “special reports” and replacement with “special purpose financial reporting frameworks.” of every chapter now include other objective format questions. A number of these are “simulation” questions that meet the new criteria for CPA exam inclusion. Others are brief, and yet consistent with the new simulation approach. In addition, every chapter of the instructor’s test bank now includes one or more other objective format questions. The clarity modifications presented force the CPA exam to update its questions to reflect new terminology and requirements. We have revised the text and instructor test bank questions to reflect these changes. Connect Accounting and Connect Plus Accounting – new to this edition! Includes end-of-chapter, study guide, and test bank material. Contents 1. The Role of the Public Accountant in the American Economy 2. Professional Standards Appendix A International and U.S. Standards Comparison 3. Professional Ethics 4. Legal Liability of CPAs 5. Audit Evidence and Documentation 6. Planning the Audit; Linking Audit Procedures to Risk Appendix A Selected Internet Addresses Appendix B Examples of Fraud Risk Factors Appendix C Illustrative Audit Case 7. Internal Control Appendix A Antifraud Programs and Control Measures 8. Consideration of Internal Control in an Information Technology Environment 9. Audit Sampling Appendix A Probability-Proportion-to-Size Sampling Appendix B Audit Risk 10. Cash and Financial Investments 11. Accounts Receivable, Notes Receivable, and Revenue Appendix A Illustrative Audit Case Appendix B Illustrative Audit Case 12. Inventories and Cost of Goods Sold 13. Property, Plant, and Equipment: Depreciation and Depletion 14. Accounts Payable and Other Liabilities Appendix A Illustrative Audit Cases 15. Debt and Equity Capital 16. Auditing Operations and Completing the Audit 17. Auditors’ Report 18. Integrated Audits of Public Companies 19. Additional Assurance Services: Historical Financial Information 20. Additional Assurance Services: Other Information 21. Internal, Operational, and Compliance Auditing In addition, two other key changes include: Chapter 19: Additional Assurance Services: Historical financial Information. In addition to the Chapter 19 clarity changes, modification of compilation and review standards are reflected in the chapter. This area is of particular importance to students who plan to take the CPA exam as the new content specification outline shows that the degree of coverage of this area is significant. Chapter 20: Additional Assurance Services: Other Information is rewritten to reflect the fact that the nature of these other services is evolving as at this point some services seem to have gained a degree of market acceptance (e.g., SysTrust, PrimePlus/Elder Care) while others have not (e.g., WebTrust). Additional new products such as providing assurance relating to XBRL are discussed. Modifications to reflect CPA Exam Question Format Changes: The CPA exam’s coverage of shorter simulations has resulted in the replacement of the “long” simulations in the text with a variety of shorter objective questions. We entitle them “other objective format questions” in that they are “objective,” yet in general not structured completely as multiple choice questions. The questions in the back Invitation to Publish McGraw-Hill is interested to review your textbook proposals for publication. Please contact your local McGraw-Hill office or email to asiapub@mcgraw-hill.com. Visit McGraw-Hill Education (Asia) Website: http://www.mheducation.asia/publish/ 45 Accounting International edition AUDITING & ASSURANCE SERVICES 4th Edition By Timothy J Louwers, James Madison University, Robert J Ramsay, University of Kentucky-Lexington, David Sinason, Northern Illinois University and Jerry R Strawser, Texas A&M University-College Station 2011 (January 2010) / 864 pages ISBN: 9780077396572 (with ACL Software) ISBN: 9780071326025 [IE with ACL Software] www.mhhe.com/louwers4e The fourth edition of Auditing & Assurance Services is the most upto-date auditing text on the market. All chapters and modules in the fourth edition have been revised to incorporate professional standards through SAS 116, AS7, international standards of auditing (ISAs), and unnumbered standards adopted through July 2009. New terminology from the AICPA’s Clarity Project has been incorporated throughout the book. In addition, all chapters include new problems, Kaplan CPA Review simulations, and comprehensive case questions. Fraud awareness, a thorough understanding of internal controls, and the ability to use technology effectively are the hallmarks of a successful auditor in business today. With Auditing & Assurance Services, 4th edition , students are prepared to take on auditing’s latest challenges. As a leader in fraud coverage, it is accompanied by the Apollo Shoes Case, the only standalone FRAUD audit case on the market (available online on the book’s OLC). The text is also designed to provide flexibility for instructors; the twelve chapters focus on the auditing process while the eight modules provide additional topics that can be taught at the instructor’s discretion without interrupting the flow of the text. Contents Part I: The Contemporary Auditing Environment Chapter 1: Auditing and Assurance Services Chapter 2: Professional Standards Chapter 3: Management Fraud and Audit Risk Part II: The Financial Statement Audit Chapter 4: Engagement Planning Chapter 5: Risk Assessment: Internal Control Evaluation Chapter 6: Employee Fraud and the audit of Cash Appendix 6A Internal Control Questionnaires Appendix 6B Audit Plan Questionnaires Chapter 7: Revenue and Collection Cycle Fraud Cases: Extended Audit Procedures (SAS 99) Appendix 7A Internal Control Questionnaires Appendix 7B Audit Plan Chapter 8: Acquisition and Expenditure Cycle Fraud Case(s): Extended Audit Procedures (SAS 99) Appendix 8A Internal Control Questionnaires Appendix 8B Audit Plans Appendix 8B The Payroll Cycle Chapter 9: Production Cycle Fraud Case: Extended Audit Procedures (SAS 99) Appendix 9A Internal Control Questionnaires Appendix 9B Audit Plans Chapter 10: Finance and Investment Cycle Fraud Case: Extended Audit Procedures (SAS 99) Appendix 10A Internal Control Questionnaires Appendix 10B Substantive Audit Plans Chapter 11: Completing the Audit Chapter 12: Reports on Audited Financial Statements Part III: Other Topics Module A: Other Public Accounting Services Module B: Professional Ethics Module C: Legal Liability Module D: Internal, Governmental, and Fraud Audits Module E: Overview of Sampling Module F: Attribute Sampling Module G: Variables Sampling Module H: Information Systems Auditing Comprehensive Cases Andersen: An Obstruction of Justice? 46 PTL Club—The Harbinger of Things to Come? GM: Running on Empty? Unhealthy Accounting at HealthSouth KPMG: How Many Firms? Something Went Sour at Parmalat GE: How Much Are Auditors Paid? Saytam Computer Services, Ltd.—India’s Enron ETHICAL OBLIGATIONS AND DECISIONMAKING IN ACCOUNTING Text and Cases, 2nd Edition By Steven M Mintz, Claremont McKenna College and Roselyn Morris, Texas State University-San Marcos 2011 (October 2010) / 512 pages ISBN: 9780078025280 www.mhhe.com/mintz2e The overriding philosophy of this text is that the ethical obligations of accountants and auditors are best understood in the context of professional responsibilities including one’s role in the corporate governance system, the requirements of financial reporting, the audit function, obligations to prevent and detect fraud, and legal liabilities. Ethical Obligations and Decision Making in Accounting was written to guide accountants past a scandal filled age. Our book is entirely devoted to helping students cultivate the ethical commitment needed to ensure that their work meets the highest standards of integrity, independence, and objectivity. Ethical Obligations and Decision Making in Accounting is designed to provide the instructor with the best flexibility and pedagogical effectiveness of any book on the market. To that end, it includes numerous features designed to make both learning and teaching easier. Contents Chapter 1 – Ethical Reasoning: Implications for Accounting Chapter 2 – Accountants’ Ethical Decision Process and Professional Judgment Chapter 3 – Corporate Governance and Ethical Management Chapter 4 – AICPA Code of Professional Conduct Chapter 5 – Audit Responsibilities and Accounting Fraud Chapter 6 – Legal and Regulatory Obligations in an Ethical Framework Chapter 7 – Earnings Management and the Quality of Financial Reporting Chapter 8 – International Financial Reporting: Ethics and Corporate Governance Considerations Major Cases AUDITING AFTER SARBANES-OXLEY 3rd Edition By Jay C Thibodeau, Bentley College and Deborah Freier 2011 (March 2010) / 288 pages ISBN: 9780078110818 www.mhhe.com/thibodeau3e The approach used by Thibodeau and Freier emphasizes the substantial benefits of using real-life case examples in helping to impart knowledge related to the practice of auditing. This type of approach has long been acknowledged as a superior manner in which to teach. Since the authors present the concepts of auditing using actual corporate contexts, they seek to provided students with a real-life appreciation of these issues and clearly demonstrate the value of the Sarbanes-Oxley Act of 2002 and the post-Sarbanes technical audit guidance. The Third Edition has been updated to reflect all of the major changes happening in today’s society with actual companies such as Enron, WorldCom, Qwest, Sunbeam, that have become synonymous with the capital markets’ crisis in confidence. With 45 different short cases, instructors can assign 8 to 9 different cases for each of four different semesters. Accounting Contents Section 1 Fraud Cases: Violations of Accounting Principles Case 1.1 Waste Management: The Matching Principle Case 1.2 WorldCom: The Revenue Recognition Principle Case 1.3 Qwest: The Full Disclosure Principle Case 1.4 Sunbeam: The Revenue Recognition Principle Case 1.5 Waste Management: The Definition of an Asset Case 1.6 Enron: The Revenue Recognition Principle Case 1.7 WorldCom: The Matching Principle Case 1.8 The Fund of Funds: The Conservatism Constraint Case 1.9 Qwest: The Revenue Recognition Principle Case 1.10 The Baptist Foundation of Arizona: The Conservatism Constraint Case 1.11 WorldCom: The Definition of an Asset Section 2 Ethics and Professional Responsibility Cases Case 2.1 Enron: Independence Case 2.2 Waste Management: Due Care Case 2.3 WorldCom: Professional Responsibility Case 2.4 Enron: Quality Assurance Case 2.5 Sunbeam: Due Care Case 2.6 The Fund of Funds: Independence Case 2.7 Bernard L. Madoff Investment and Securities: A Focus on Auditors’ Legal Liability and Due Care Case 2.8 Enron: Audit Documentation Section 3 Fraud and Inherent Risk Assessment Cases Case 3.1 Enron: Understanding the Client’s Business and Industry Case 3.2 The Baptist Foundation of Arizona: Related Party Transactions Case 3.3 WorldCom: Significant Business Acquisitions Case 3.4 Sunbeam: Incentives and Pressure to Commit Fraud Case 3.5 Qwest: Understanding the Client’s Business and Industry Case 3.6 The Fund of Funds: Related Party Transactions Case 3.7 Waste Management: Understanding the Client’s Business and Industry Section 4 Internal Control Systems: Entity-Level Control Cases Case 4.1 Enron: The Control Environment Case 4.2 Waste Management: General Computing Controls Case 4.3 The Baptist Foundation of Arizona: The Whistleblower Hotline Case 4.4 WorldCom: The Internal Audit Function Case 4.5 Waste Management: Top-Side Adjusting Journal Entries Section 5 Internal Control Systems: Control Activity Case 5.1 The Fund of Funds: Valuation of Investments Case 5.2 Enron: Presentation and Disclosure of Special-Purpose Entities Case 5.3 Sunbeam: Completeness of the Restructuring Reserve Case 5.4 Qwest: Occurrence of Revenue Case 5.5 The Baptist Foundation of Arizona: Presentation and Disclosure of Related Parties Case 5.6 Waste Management: Valuation of Fixed Assets Case 5.7 Qwest: Occurrence of Revenue Appendix Company Cases Case A.1 Enron Case A.2 Waste Management Case A.3 WorldCom Case A.4 Sunbeam Case A.5 Qwest Case A.6 The Baptist Foundation of Arizona Case A.7 The Fund of Funds UK Adaptation AUDITING & ASSURANCE SERVICES 2nd Edition By Aasmund Eilifsen, Norwegian Sch of Economics & Business Administration, William F Messier, University of Nevada Las Vegas, Steven M Glover and Douglas F Prawitt of Brigham Young University-Provo 2009 / 720 pages ISBN: 9780077122508 McGraw-Hill UK Title www.mcgraw-hill.co.uk/textbooks/eilifsen Auditing & Assurance Services, Second International Edition combines a genuine international perspective and relevant international regulatory requirements with a conceptual and systematic approach to auditing. This fully up-to-date textbook provides students with the most current concepts of auditing and professional requirements. Contents PART I INTRODUCTION TO FINANCIAL STATEMENT AUDITING Chapter 1: An Introduction to Assurance and Financial Statement Auditing Chapter 2: The Financial Statement Auditing Environment PART II BASIC AUDITING CONCEPTS: RISK ASSESSMENT, MATERIALITY, AND EVIDENCE Chapter 3: Risk Assessment and Materiality Chapter 4: Audit Evidence and Audit Documentation PART III PLANNING THE AUDIT AND INTERNAL CONTROL Chapter 5: Audit Planning and Types of Audit Tests Chapter 6: Internal Control in a Financial Statement Audit Chapter 7: Auditing Internal Control over Financial Reporting PART IV STATISTICAL AND NON-STATISTICAL SAMPLING TOOLS FOR AUDITING Chapter 8: Audit Sampling: An Overview and Application to Tests of Controls Chapter 9: Audit Sampling: An Application to Substantive Tests of Account Balances PART V AUDITING BUSINESS PROCESSES Chapter 10: Auditing the Revenue Process Chapter 11: Auditing the Purchasing Process Chapter 12: Auditing the Human Resource Management Process Chapter 13: Auditing the Inventory Management Process Chapter 14: Auditing Financing Process: Prepaid Expenses and Property, Plant and Equipment Chapter 15: Auditing Financing Process: Long Term Liabilities, Stockholders’ Equity and Income Statement Accounts Chapter 16: Auditing Financing Process :Cash and Investments PART VI COMPLETING THE AUDIT AND REPORTING RESPONSIBILITIES Chapter 17: Completing the Engagement Chapter 18: Reports on Audited Financial Statements PART VII PROFESSIONAL RESPONSIBILITIES Chapter 19: Professional Ethics, Independence and Quality Control PART VIII ASSURANCE, RELATED SERVICES AND INTERNAL AUDITING SERVICES Chapter 20: Assurance, Related Services and Internal Auditing 47 Accounting AUDITING AND ASSURANCE SERVICES IN AUSTRALIA 4th Edition By Grant Gay, Monash University and Roger Simnett, University of New South Wales 2009 ISBN: 9780070286740 McGraw-Hill Australia Title www.mhhe.com/au/gay4e Auditing & Assurance Services takes a business risk approach -the standard in audit practice that has been incorporated into both national and international auditing standards over the past five years. Students are provided with a solid theoretical grounding in all aspects of auditing, as well as insight into current challenges of the profession. With a reputation built over several editions for timely, comprehensive and accurate incorporation of auditing standards this edition continues the trend. The 4e is current with the revised Australian Auditing Standards arising from the Clarity Project and enforceable from 1 January 2010. Instructors can have confidence that students have the advantage of being exposed to the framework that auditing firms will be operating in from 2010. Ethics and the International Standards for the Professional Practice of Internal Auditing) and the Strongly Recommended Guidance (such as the Position Papers, Practice Advisories and Practice Guides). The book is a joint effort of academicians from Universiti Teknologi MARA, Universiti Sains Malaysia, Universiti Malaysia Trengganu and practitioners in internal auditing. The authors recognize that there is a need for more local and affordable books on internal auditing. In this regard, the authors hope that their concerted efforts in writing this book would contribute to promoting the significance of internal auditing and also encourage continuous professional development in this area. The authors also feel that they should share their knowledge and experience on internal auditing to meet the motto of The Institute of Internal Auditors, “Progress Through Sharing”. Auditing Practice Cases Contents Part 1 The Auditing And Assurance Services Profession Ch 1. Assurance & auditing: an overview Ch 2. The structure of the profession Ch 3. Ethics, independence and corporate governance Ch 4. The legal liability of auditors Part 2 Planning And Risk Ch 5. Overview of elements of the financial report audit process Ch 6. Planning, understanding the entity and evaluating business risk Ch 7. Assessing specific business risks and materiality Ch 8. Understanding and assessing internal control Part 3 Tests Of Control And Tests Of Details Ch 9. Tests of controls Ch 10. Substantive tests of transactions and balances Ch 11. Audit sampling Part 4 Completion And Communication Ch 12. Completion and review Ch 13. The auditor’s reporting obligations Part 5 Other Assurance Services Ch 14. Internal auditing Ch 15. Audit and assurance services in the public sector Ch 16. Other assurance services and advanced topics International edition PEACH BLOSSOM COLOGNE COMPANY 4th Edition By Jack W. Paul, Lehigh University 2007 (December 2005) / 192 pages ISBN: 9780073276595 (with CD) ISBN: 9780071259828 [IE with CD] Contents I. General Instructions and Preparations. II. Permanent File Materials. 1. History and Background. 2. Organizational Structure. 3. Internal Control. 4. Chart of Accounts. 5. Minutes of Board of Directors’ Meetings. III. Problem Assignments. Assignment #1: Planning the Integrated Audit. Assignment #2: Cash. Assignment #3: Accounts Receivable and Credit Sales. Assignment #4: Inventory and Purchases. Assignment #5: Property, Plant, and Equipment (Fixed Assets). Assignment #6: Accounts Payable Processing and Unrecorded Liabilities. Assignment #7: Notes Payable and Accrued Interest. Assignment #8: Completing the Audit. IV. Current Year’s Working Trial Balance. V. Prior Year’s Working Papers. PRINCIPLES AND CONTEMPORARY ISSUES IN INTERNAL AUDITING By Puan Sri Datin Dr Mary Lee, Dr Hasnah Haji Haron, Dr Ishak Ismail, Dr Mohd. Hassan Che Haat, Norlela Zaini, Tong Seuk Ying, Lok Char Lee and Mohd, Farook Nasar 2009 (June 2009) / 356 pages ISBN: 9789833850679 An Asian Publication This book provides readers with an overview of the latest developments and various contemporary and contentious issues in internal auditing. It gives a good understanding on the role and responsibilities of an internal auditor as one of the governance partners and valueadders in an organization. It highlights the importance of the internal auditing function in risk management, controls and governance. With the latest amendments issued under Para 15.18 of Bursa Malaysia’s (Amended) Listing Requirements on 31 January, 2008, mandating internal audit function for all public-listed companies, there is a need for greater understanding of the internal audit function as one of the means of safeguarding shareholders’ interests. This book also incorporates the new IIA’s International Professional Practices Framework (IPPF) which includes the Mandatory Guidance (such as the Code of 48 REVIEW COPY (Available for course adoption only) To request for a review copy, contact your local McGraw-Hill representatives or, fax the Review Copy Request Form found in this catalog or, e-mail your request to mghasia_sg@mcgraw-hill.com or, submit online at www.mheducation.asia Accounting International edition APPLE BLOSSOM COLOGNE COMPANY: AUDIT CASE 5th Edition By Jack Paul, Lehigh University 2003 ISBN: 9780072844504 (with CD-ROM) ISBN: 9780071244886 [IE with CD-ROM] Chapter 9) Absorption cost system Chapter 10) Criticisms of absorption cost systems: Incentives to overproduce Chapter 11) Criticisms of absorption cost systems: Inaccurate product costs Chapter 12) Standard costs: Direct labor and materials Chapter 13) Overhead and marketing variances Chapter 14) Management accounting in a changing environment www.mhhe.com/appleblossom CONTENTS 1) Audit Planning and Integration of the Accounting Process 2) Accounts Receivable and Credit Sales 3) Cash 4) Inventory and Purchases 5) Prepaid Expenses 6) Investments in Securities 7) Property, Plant, and Equipment 8) Accounts Payable Processing and Unrecorded Liabilities 9) Payroll Processing and Accrued Liabilities 10) Notes Payable and Accrued Interest 11) Capital Stock and Retained Earnings 12) Completing the Audit Advanced Managerial Accounting Undergraduate Taxation NEW *9780078025488* PRINCIPLES OF TAXATION FOR BUSINESS AND INVESTMENT PLANNING 2013 Edition, 16th Edition By Sally Jones, University of Virginia and Shelley C Rhoades-Catanach, Villanova University 2013 (April 2012) / 608 pages ISBN: 9780078025488 (Details unavailable at press time) NEW *9780077434045* TAXATION OF BUSINESS ENtities International edition accounting for decision-making and control 7th Edition By Jerold Zimmerman, University of Roch 2011 (January 2010) / 608 pages ISBN: 9780078136726 ISBN: 9780071289641 [IE] 2013 Edition, 4th Edition By Brian Spilker, Brigham Young Univesity, Benjamin C Ayers, University of Georgia, John Robinson, University of Texas at Austin, Edmund Outslay, Michigan State University, Ronald G Worsham and John A Barrick of Brigham Young university and Constance Weaver, Texas A&M University 2013 (April 2012) / 640 pages ISBN: 9780077434045 (Details unavailable at press time) www.mhhe.com/zimmerman7e Accounting for Decision Making and Control provides students and managers with an understanding appreciation of the strengths and limitations of an organization’s accounting system. This book provides a framework for thinking about accounting systems and a basis for analyzing proposed changes to these systems. The Seventh Edition demonstrates that managerial accounting is an integral part of the firm’s organizational architecture, not just an isolated set of computational topics. The purpose of this text is to provide students and managers with an understanding and appreciation of the strengths and limitations of an organization’s accounting system, thereby allowing them to be more intelligent users of these systems. The main purpose proposed by the author remains in tact for the Seventh Edition. Contents Chapter 1) Introduction Chapter 2) The nature of costs Chapter 3) Opportunity cost of capital and capital budgeting Chapter 4) Organizational architecture Chapter 5) Responsibility accounting and transfer pricing Chapter 6) Budgeting Chapter 7) Cost allocation: Theory Chapter 8) Cost allocation: Practices NEW *9780077434113* McGraw-Hill’s TAXATION OF INDIVIDUALS 2013 Edition, 4th Edition By Brian Spilker, Brigham Young Univesity, Benjamin C Ayers, University of Georgia, John Robinson, University of Texas at Austin, Edmund Outslay, Michigan State University, Ronald G Worsham and John A Barrick of Brigham Young university and Constance Weaver, Texas A&M University 2013 (April 2012) / 736 pages ISBN: 9780077434113 (Details unavailable at press time) 49 Accounting NEW *9780078025464* McGraw-Hill’s TAXATION OF individuals and BUSINESS ENtities 2013 Edition, 4th Edition By Brian Spilker, Brigham Young Univesity, Benjamin C Ayers, University of Georgia, John Robinson, University of Texas at Austin, Edmund Outslay, Michigan State University, Ronald G Worsham and John A Barrick of Brigham Young university and Constance Weaver, Texas A&M University 2013 (April 2012) / 1216 pages ISBN: 9780078025464 (Details unavailable at press time) NEW *9780078025471* FUNDAMENTALS OF TAXATION 2012 Edition, 5th Edition By Ana M Cruz, Miami-Dade College, Mike Deschamps, Miracosta College, Frederick Niswander, East Carolina University, Debra Prendergast, Northwestern Business College, Dan Schisler, East Carolina University and Jinhee Trone, Santa Ana College 2012 (December 2011) / 768 pages ISBN: 9780078025471 ISBN: 9780077599058 (with Taxation Software) This book is designed to not only expose beginning tax students to tax law, but to also teach the practical intricacies involved in preparation of a tax return. Emphasizing a hands-on approach to tax education, every concept introduced in the text includes meaningful exercises that allow students to reinforce what they are learning. Actual tax forms are included within the text, with real-world data inserted into actual tax forms to demonstrate applied skills. A copy of the individual tax return preparation software TaxACT is also a part of the text package, providing yet another tool to bridge the gap between understanding and practical application of tax law. CONTENTS Chapter 1: Introduction to Taxation, the Income Tax Formula, and Form 1040EZ Chapter 2: Expanded Tax Formula, Forms 1040 and 1040A, and Basic Concepts Chapter 3: Gross Income: Inclusions and Exclusions Chapter 4: Adjustments for Adjusted Gross Income Chapter 5: Itemized Deductions Chapter 6: Self-Employed Business Income Chapter 7: Capital Gains and Other Sales of Property Chapter 8: Rental Property, Royalties, Income from Flow Through Entities Chapter 9: Tax Credits Chapter 10: Payroll Taxes Chapter 11: Retirement and Other Tax-Deferred Plans and Annuities: Contributions and Distributions Chapter 12: Special Property Transactions Chapter 13: At-Risk/Passive Activity Loss Rules and the Individual Alternative Minimum Tax Chapter 14: Partnership Taxation Chapter 15: Corporate Taxation Appendix A: amended returns Appendix B: comprehensive tax return problems Appendix C: concept check answers Appendix D: tax table Appendix E: blank tax forms Index 50 PRINCIPLES OF TAXATION FOR BUSINESS AND INVESTMENT PLANNING 2012 Edition, 15th Edition By Sally Jones, University of Virginia and Shelley C Rhoades-Catanach, Villanova University 2012 (April 2011) / 640 pages ISBN: 9780078110948 www.mhhe.com/sjones2012 Principles of Taxation for Business and Investment Planning, by Jones and Rhoades-Catanach, is a different approach to the study of taxation than the traditional tax return preparation approach. This book teaches students to recognize the role taxes play in business and investment decisions. In addition, the book presents the general role of taxation and its implications across all taxpaying entities before discussing the details relevant to specific entities. This approach allows students to really grasp the fundamental concepts that are the foundation for specific tax rules. The benefit is that the students will understand the framework of the tax system, even though specific tax rules and regulations change from year to year. Unlike traditional introductory texts, Principles of Taxation for Business and Investment Planning downplays the technical detail that makes the study of taxation such a nightmare for business students. This text attempts to convince students that an understanding of taxation is not only relevant but critical to their success in the business world. New to this edition This text’s coverage of new tax regulations is updated yearly to reflect the latest changes in tax law. Updated real world examples reinforce and illustrate key concepts Contents Part 1 Exploring the Tax Environment Ch. 1 Taxes and Taxing Jurisdictions Ch. 2 Tax Policy Issues: Standards for a Good Tax Part 2 Fundamentals of Tax Planning Ch. 3 Taxes as Transaction Costs Ch. 4 Maxims of Income Tax Planning Ch. 5 Tax Research Part 3 The Measurement of Taxable Income Ch. 6 Taxable Income From Business Operations Ch. 7 Property Acquisitions and Cost Recovery Deductions Appendix 7-A Midquarter Convention Tables Ch. 8 Property Dispositions Ch. 9 Nontaxable Exchanges Part 4 The Taxation of Business Income Ch. 10 Sole Proprietorships, Partnerships, LLCs, and S Corporations Ch. 11 The Corporate Taxpayer Appendix 11-A Schedule M-3 for Reconciling Book and Taxable Income Ch. 12 The Choice of Business Entity Ch. 13 Jurisdictional Issues in Business Taxation Part 5 The Individual Taxpayer Ch. 14 The Individual Tax Formula Ch. 15 Compensation and Retirement Planning Ch. 16 Investment and Personal Financial Planning Appendix 16-A Comprehensive Schedule D Problem Ch. 17 Tax Consequences of Personal Activities Appendix 17-A Social Security Worksheet Part 6 The Tax Compliance Process Ch. 18 The Tax Compliance Process Accounting McGraw-Hill’s Taxation of Individuals 2012 Edition, 3rd Edition By Brian Spilker, Brigham Young Univesity, Benjamin C Ayers, University of Georgia, John Robinson, University of Texas at Austin, Edmund Outslay, Michigan State University, Ronald G Worsham and John A Barrick of Brigham Young university and Constance Weaver, Texas A&M University 2012 (April 2011) / 736 pages ISBN: 9780077328368 www.mhhe.com/spilkerindividuals2012 McGraw-Hill’s Taxation Series continues to provide a unique, innovative, and engaging learning experience for students studying taxation. The breadth of the topical coverage, the storyline approach to presenting the material, the emphasis on the tax and nontax consequences of multiple parties involved in transactions, and the integration of financial and tax accounting topics make this book ideal for the modern tax curriculum. With over 250 schools adopting the 2nd edition, McGraw-Hill’s Taxation of Individuals and Business Entities resonates with instructors who were in need of a bold and innovative approach to teaching tax. 280 professors have contributed 250 book reviews, in addition to 17 focus groups and symposia. These instructors were impressed on the book’s organization, pedagogy, and unique features that are a testament to the grassroots nature of this book’s development. New to this edition New Ethics Boxes: New Ethics boxes were added to each chapter. These vignettes present a taxpayer facing an ethical question related to the material covered in the chapter. Students are encouraged to consider the many ethical questions raised by taxation law; these boxes are designed to start a conversation in the classroom about ethics in tax. Algorithmic Problems: Connect Accounting for Taxation of Individuals and Business Entities now includes algorithmic problems. The book has been completely updated for all new tax law, rate changes, and 2010 tax forms. The book is current through March 2011. Other updates beyond March can be found on the book’s Online Learning Center, www.mhhe.com/spilker2012. Relevant content changes have been integrated throughout the text. These notable changes include: All tax forms have been updated for the latest available tax form as of January 2011. TaxACT for Business Entities: We will now offer both TaxACT’s Individual tax prep software, and their Entities bundle, which includes forms 1065, 1120 and 1120S as add-on products. This bundle combines TaxACT’s 2010 Preparer’s 1040 with the 2010 Preparer’s Business 3-Pack to offer preparer solutions for personal and business use. Contents Part I: Intro to Taxation 1. An Introduction to Tax 2. Tax Compliance, the IRS, and Tax Authorities 3. Tax Planning Strategies and Related Limitations Part II: Basic Individual Taxation 4. Individual Tax Overview 5. Gross Income and Exclusions 6. Individual Deductions 7. Individual Income Tax Computation and Tax Credits Part III: Business and Investment–Related Transactions 8. Business Income, Deductions, and Accounting Methods 9. Property Acquisition and Cost Recovery 10. Property Dispositions 11. Investments Part IV: Specialized Topics 12. Compensation 13. Retirement Savings and Deferred Compensation 14. Tax Consequences of Home Ownership Appendix A: Tax Forms Appendix B: Tax Terms Glossary Appendix C: Comprehensive Tax Return Problems Appendix D: Code Indices Appendix E: Table of Cases Cited TAXATION OF BUSINESS ENtities 2012 Edition, 3rd Edition By Brian Spilker, Brigham Young Univesity, Benjamin C Ayers, University of Georgia, John Robinson, University of Texas at Austin, Edmund Outslay, Michigan State University, Ronald G Worsham and John A Barrick of Brigham Young university and Constance Weaver, Texas A&M University 2012 (May 2011) / 736 pages ISBN: 9780077328412 www.mhhe.com/spilkerentities2012 McGraw-Hill’s Taxation Series continues to provide a unique, innovative, and engaging learning experience for students studying taxation. The breadth of the topical coverage, the storyline approach to presenting the material, the emphasis on the tax and nontax consequences of multiple parties involved in transactions, and the integration of financial and tax accounting topics make this book ideal for the modern tax curriculum. With over 250 schools adopting the 2nd edition, McGraw-Hill’s Taxation of Individuals and Business Entities resonates with instructors who were in need of a bold and innovative approach to teaching tax. 280 professors have contributed 250 book reviews, in addition to 17 focus groups and symposia. These instructors were impressed on the book’s organization, pedagogy, and unique features that are a testament to the grassroots nature of this book’s development. New to this edition New Ethics Boxes: New Ethics boxes were added to each chapter. These vignettes present a taxpayer facing an ethical question related to the material covered in the chapter. Students are encouraged to consider the many ethical questions raised by taxation law; these boxes are designed to start a conversation in the classroom about ethics in tax. Algorithmic Problems: Connect Accounting for Taxation of Individuals and Business Entities now includes algorithmic problems. The book has been completely updated for all new tax law, rate changes, and 2010 tax forms. The book is current through March 2011. Other updates beyond March can be found on the book’s Online Learning Center, www.mhhe.com/spilker2012. Relevant content changes have been integrated throughout the text. These notable changes include: All tax forms have been updated for the latest available tax form as of January 2011. Contents Part I: Business and Investment–Related Transactions 1. Business Income, Deductions, and Accounting Methods 2. Property Acquisition and Cost Recovery 3. Property Dispositions Part II: Entity Overview and Taxation of C Corporations 4. Entities Overview 5. Corporate Operations 6. FAS 109: Accounting for Income Taxes 7. Corporate Taxation: Nonliquidating Distributions 8. Corporate Taxation: Formation, Reorganization, and Liquidation Part III: Taxation of Flow-Through Entities 9. Forming and Operating Partnerships 10. Dispositions of Partnership Interests and Partnership Distributions 11. S Corporations Part IV: Multijurisdictional Taxation and Transfer Taxes 12. State and Local Taxes 51 Accounting 13. The U.S. Taxation of Multinational Transactions 14. Transfer Taxes and Wealth Planning Appendix A: Tax Forms Appendix B: Tax Terms Glossary Appendix C: Comprehensive Tax Return Problems Appendix D: Code Indices McGraw-Hill’s TAXATION OF individuals and BUSINESS ENtities 2012 Edition, 3rd Edition By Brian Spilker, Brigham Young Univesity, Benjamin C Ayers, University of Georgia, John Robinson, University of Texas at Austin, Edmund Outslay, Michigan State University, Ronald G Worsham and John A Barrick of Brigham Young university and Constance Weaver, Texas A&M University 2012 (April 2011) / 1264 pages ISBN: 9780078111068 www.mhhe.com/spilkercomp2012 McGraw-Hill’s Taxation Series continues to provide a unique, innovative, and engaging learning experience for students studying taxation. The breadth of the topical coverage, the storyline approach to presenting the material, the emphasis on the tax and nontax consequences of multiple parties involved in transactions, and the integration of financial and tax accounting topics make this book ideal for the modern tax curriculum. With over 250 schools adopting the 2nd edition, McGraw-Hill’s Taxation of Individuals and Business Entities resonates with instructors who were in need of a bold and innovative approach to teaching tax. 280 professors have contributed 250 book reviews, in addition to 17 focus groups and symposia. These instructors were impressed on the book’s organization, pedagogy, and unique features that are a testament to the grassroots nature of this book’s development. New to this edition 5. Gross Income and Exclusions 6. Individual Deductions 7. Individual Income Tax Computation and Tax Credits Part III: Business and Investment–Related Transactions 8. Business Income, Deductions, and Accounting Methods 9. Property Acquisition and Cost Recovery 10. Property Dispositions 11. Investments Part IV: Specialized Topics 12. Compensation 13. Retirement Savings and Deferred Compensation 14. Tax Consequences of Home Ownership Part V: Entity Overview and Taxation of C Corporations 15. Entities Overview 16. Corporate Operations 17. FASB ASC Topic 740: Income Taxes 18. Corporate Taxation: Nonliquidating Distributions 19. Corporate Taxation: Formation, Reorganization, and Liquidation Part VI: Taxation of Flow-Through Entities 20. Forming and Operating Partnerships 21. Dispositions of Partnership Interests and Partnership Distributions 22. S Corporations Part VII: Multijurisdictional Taxation and Transfer Taxes 23. State and Local Taxes 24. The U.S. Taxation of Multinational Transactions 25. Transfer Taxes and Wealth Planning Appendix A: Tax Forms Appendix B: Tax Terms Glossary Appendix C: Comprehensive Tax Return Problems Appendix D: Code Indices Appendix E: Table of Cases Cited NEW New Ethics Boxes: New Ethics boxes were added to each chapter. These vignettes present a taxpayer facing an ethical question related to the material covered in the chapter. Students are encouraged to consider the many ethical questions raised by taxation law; these boxes are designed to start a conversation in the classroom about ethics in tax. *9780071078764* TAXATION IN SINGAPORE By Simon Poh Algorithmic Problems: Connect Accounting for Taxation of Individuals and Business Entities now includes algorithmic problems. The book has been completely updated for all new tax law, rate changes, and 2010tax forms. The book is current through March 2011. Other updates beyond March can be found on the book’s Online Learning Center, www.mhhe.com/spilker2012. Relevant content changes have been integrated throughout the text. These notable changes include: All tax forms have been updated for the latest available tax form as of January 2011. Better Examples: The examples used throughout the chapter relate directly to the storyline presented at the beginning of each chapter, so students become familiar with one fact set and learn how to apply those facts to different scenarios. In addition to providing in-context examples, we provide “What-If” scenarios within many examples to illustrate how variations in the facts might or might not change the answers. Contents Part I: Intro to Taxation 1. An Introduction to Tax 2. Tax Compliance, the IRS, and Tax Authorities 3. Tax Planning Strategies and Related Limitations Part II: Basic Individual Taxation 4. Individual Tax Overview 52 2011 (August 2010) / 424 pages ISBN: 9780071078764 An Asian Publication This book is intended for candidates taking professional examinations in Singapore taxation, as well as full-time undergraduate students taking Singapore income tax courses in local universities and other tertiary institutions. Lecturers may adopt it as the main text of a onesemester course on basic taxation in Singapore. It is also suitable for those who have little or no knowledge in Singapore taxation, as it attempts to explain the tax laws in simple language. The depth of coverage is sufficient to enable readers to build a strong foundation in Singapore taxation, including preparation of both corporate and individual tax computations. Features Detailed coverage of main tax topics, including capital allowances, tax deductions and taxation of foreign income, non-residents and companies Clear learning objectives set out at the beginning of each chapter In-depth review questions at the end of each chapter to test the readers’ grasp of Singapore taxation Accounting Up-to-date information on tax laws, regulations and practice to equip readers with sufficient knowledge on tax compliance and basic tax planning topics and concepts Inclusion of extracts of the Singapore Income Tax Act and the Goods and Services Tax Act as a convenient and easy reference to readers, which are often referred to in practice and in examinations Contents Preface About the Author 1. Introduction to Singapore Tax 2. Concept of Income 3. Tax Deductions 4. Capital Allowances 5. Taxation of Companies 6. Taxation of Individuals 7. Taxation of Partnerships 8. Taxation of Non-residents 9. Taxation of Foreign Income 10. Goods and Services Tax Extracts of Income Tax Act Part I, Section 2: Interpretation Part III, Section 10: Charge of income tax Part IV, Section 13: Exempt income Part V, Section 14: Deductions allowed Part V, Section 15: Deductions not allowed Part VI, Sections 16-24: Capital allowances Part X, Section 39: Relief and deduction for resident individual and Hindu joint family Part XII, Section 45: Withholding of tax in respect of interest paid to non-resident persons Sixth Schedule, Sections 19(2) and 106(3): Number of years of working life of asset Index Governmental / Non Profit NEW *9780078025457* ESSENTIALS OF accounting for governmental and not-for-profit organizations 11th Edition mental activities are recorded using the modified accrual basis. The fund-basis statements are then used as input in the preparation of government-wide statements. The preparation of government-wide statements is presented in an Excel worksheet. This approach has two advantages: (1) it is the approach most commonly applied in practice, and (2) it is an approach familiar to students who have studied the process of consolidation in their advanced accounting classes. State and local government reporting is illustrated using an ongoing example integrated throughout Chapters 3 through 8 and 13. This edition incorporates all of the FASB, GASB, GAO and AICPA pronouncements passed since the last edition. New to this edition New Continuous Homework Problem: Students gain a comprehensive overview of the financial reporting process for state and local governments with a new continuous homework problem. Updated References: Descriptions and references have been updated to reflect FASB and GASB codification conventions for consistency with current professional literature. Students are introduced to the structure of the codifications. Summaries of Academic Research: Financial information on not-for-profit organizations is becoming increasingly available through stimulating research by academics. The 10th edition of this text provides a brief discussion of published research in the nonprofit area for the purpose of developing student awareness of the major issues and findings from this important economic sector. Updated Presentation of Budgetary Accounting: The presentation of budgetary accounts, including encumbrances, is simplified to reduce student confusion associated with GASB Statement No. 54 –Fund Balance Reporting. Most Up-to-Date Reporting Requirements: Updated for new IRS form 990 reporting requirements to reflect current law. Contents Chapter 1: Introduction to Accounting and Financial Reporting for Governmental and Not-for-Profit Organizations Chapter 2: Overview of Financial Reporting for State and Local Governments Chapter 3: Modified Accrual Accounting: Including the Role of Fund Balances and Budgetary Authority Chapter 4: Accounting for General and Special Revenue Funds Chapter 5: Accounting for Other Governmental Fund Types: Capital Projects, Debt Service, and Permanent Chapter 6: Proprietary Funds Chapter 7: Fiduciary (Trust) Funds Chapter 8: Government-Wide Statements, Fixed Assets, Long-Term Debt Chapter 9: Accounting for Special-Purpose Entities, Including Public Colleges and Universities Chapter 10: Accounting for Private Not-for-Profit Organizations Chapter 11: College and University Accounting—Private Institutions Chapter 12: Accounting for Hospitals and Other Health-Care Providers Chapter 13: Auditing, Tax Exempt Entities, and Evaluating Performance Chapter 14: Financial Reporting by the Federal Government By Paul A Copley, James Madison University 2013 (February 2012) / 480 pages ISBN: 9780078025457 www.mhhe.com/copley11e Copley’s Essentials of Accounting for Governmental and Not-forProfit Organizations, 11e is best suited for those professors whose objective is to provide more concise coverage than what is available in larger texts. The main focus of this text is on the preparation of external financial statements which is a challenge for governmental reporting. The approach in this edition is similar to that used in practice. Specifically, day to day events are recorded at the fund level using the basis of accounting for fund financial statements. Govern- 53 Accounting NEW *9780078110931* ACCOUNTING FOR GOVERNMENTAL AND NONPROFIT ENTITIES 16th Edition By Jacqueline Reck, University of South Florida--Tampa, Suzanne Lowensohn, Colorado State University and Earl Wilson, University of Missouri-Columbia 2013 (January 2012) / 784 pages ISBN: 9780078110931 www.mhhe.com/reck16e Accounting for Governmental and Nonprofit Entities provides users with extensive, accurate, and up-to-date coverage of accounting and financial reporting for government and not-for-profit organizations, in addition to information on governmental auditing and performance measurement. The textbook uses a unique dual-track approach to teaching governmental accounting and features two independent computerized government practice sets to enhance student learning. Chapter 7: Accounting for the Business-Type Activities of State and Local Governments Chapter 8: Accounting for Fiduciary Activities—Agency and Trust Funds Chapter 9: Financial Reporting of State and Local Governments Part Two: Accountability for Public Funds Chapter 10: Analysis of Governmental Financial Performance Chapter 11: Auditing of Governmental and Not-for-Profit Organizations Chapter 12: Budgeting and Performance Measurement Part Three: Not-for-Profit Organizations and the Federal Government Chapter 13: Accounting for Not-for-Profit Organizations Chapter 14: Not-for-Profit Organizations—Regulatory, Taxation, and Performance Issues Chapter 15: Accounting for Colleges and Universities Chapter 16: Accounting for Health Care Organizations Chapter 17: Accounting and Reporting for the Federal Government Glossary Governmental and Not-for-Profit Organizations Index New to this edition Suzanne Lowensohn of Colorado State University joins the author team, bringing with her a strong teaching and research background in government and not-for-profit accounting. The text has been thoroughly revised to incorporate fund balance classification and fund definition requirements of GASB Statement 54, as well as the reporting changes related to GASB Statement (Statement Number coming soon), providing up-to-date changes affecting governments and accounting professionals. The sixteenth edition has adopted the comprehensive annual financial report of the City of Jacksonville, an early implementer of GASB Statement 54, providing a real-world example of the impact of the new GASB standard throughout the text. Accounting Theory NEW *9780077126735* financial accounting theory The City of Smithville/Bingham Computerized Cumulative Problem has been revised and updated 2nd Edition to incorporate standards changes and improve program functionality, providing students with By Craig Deegan, RMIT University-Melbourne and Jeffrey Unermna, Manchester Business a hands-on-experience in preparing accounting entries and financial statements. In addition, a reduced-coverage City of Smithville Computerized Cumulative Problem has been added to provide a learning tool for those instructors who do not have time to cover the complete Smithville problem. As with all prior editions, the sixteenth edition reflects the latest authoritative guidance from GASB, FASB, FASAB, GAO, and AICPA applicable to government and not-for-profit organizations, providing accurate and up-to-date knowledge about government and not-forprofit accounting and reporting, an important feature for those intending to take the CPA exam. CONTENTS Chapter 1: Introduction to Accounting and Financial Reporting for Governmental and Not-for-Profit Entities Part One: State and Local Governments Chapter 2: Principles of Accounting and Financial Reporting for State and Local Governments Chapter 3: Governmental Operating Statement Accounts; Budgetary Accounting Chapter 4: Accounting for Governmental Operating Activities—Illustrative Transactions and Financial Statements Chapter 5: Accounting for General Capital Assets and Capital Projects Chapter 6: Accounting for General Long-term Liabilities and Debt Service 54 2011 (March 2011) / 576 pages ISBN: 9780077126735 McGraw-Hill UK Title www.mcgraw-hill.co.uk.textbooks/deegan Financial Accounting Theory, Second European Edition provides a complete grounding in the subject from a European perspective. Underpinned by research and applied through real-life examples it’s the ideal text for anyone studying the theories of financial accounting. New to this edition Updated coverage - all topics have been thoroughly updated and recent debates added including extended discussion of the upcoming area of social and environmental accounting New and updated real life examples - real life exhibits have been updated to showcase the issues considered in a real world context New research developments - all the latest research in the field has been added and integrated into the text to provide a contemporary and rigorous account of the subject Contents 1. Introduction to financial accounting theory 2. The financial reporting environment 3. The regulation of financial accounting 4. International Accounting Accounting 5. Normative theories of accounting 1: The case of accounting for changing prices 6. Normative theories of accounting 2: the case of conceptual framework projects 7. Positive Accounting Theory 8. Unregulated corporate reporting decisions: Considerations of systems oriented theories 9. Extended systems of accounting: The incorporation of social and environmental factors within external reporting 10. Reactions of capital markets to financial reporting 11. Reactions of individuals to financial reporting: an examination of behavioural research 12. Critical Perspectives of Accounting International Accounting International edition NEW *9780078110955* INTERNATIONAL ACCOUNTING 3rd Edition By Timothy Doupnik, University of South Carolina and Hector Perera, Massey University FINANCIAL ACCOUNTING THEORY 3rd Edition By Craig Deegan, University of Southern Queensland 2009 ISBN: 9780070277267 McGraw-Hill Australia Title www.mhhe.com/au/deegantheory3e Presenting accounting theory as a vibrant, relevant topic in a changing world, this text has established itself as the market leader in Australia and New Zealand. The third edition retains core strengths that appeal both to academics and students; critical evaluation, a writing style that is easy to read and understand, and a balanced discussion of different theories of accounting to stimulate student interest. Contemporary examples and questions have been included and other content (such as the topic of international accounting) extensively updated. With twelve chapters that are arranged in a logical sequence, this text is ideally suited for one-semester subjects. It is also an ideal text for those undertaking further research at post graduate levels; comprehensive internal referencing guides point the reader to undertake further reading or investigate aspects at a deeper level. Contents 1 Introduction to financial accounting theory 2 The financial reporting environment 3 The regulation of financial accounting 4 International accounting 5 Normative theories of accounting: the case of accounting for changing prices 6 Normative theories of accounting: the case of conceptual framework projects 7 Positive Accounting Theory 8 Unregulated corporate reporting decisions: considerations of systems-oriented theories 9 Extended systems of accounting: the incorporation of social and environmental factors within external reporting 10 Reactions of capital markets to financial reporting 11 Reactions of individuals to financial reporting: an examination of behavioural research 12 Critical perspectives of accounting Index 2012 (April 2011) / 816 pages ISBN: 9780078110955 ISBN: 9780071086318 [IE] www.mhhe.com/doupnik3e The Third Edition of International Accounting provides an overview of the broadly defined area of international accounting, but also focuses on the accounting issues related to international business activities and foreign operations. This edition also includes substantially updated coverage of the International Accounting Standards Board (IASB) and International Financial Reporting Standards (IFRS). The unique benefits of this textbook include its up-to-date coverage of relevant material, extensive numerical examples provided in most chapters, two chapters devoted to the application of International Financial Reporting Standards (IFRS), and coverage of nontraditional but important topics such as strategic accounting issues of multinational companies, international corporate governance, and corporate social responsibility reporting. New to this edition IFRS: Two chapters on International Financial Reporting Standards (IFRS), including numerical examples demonstrating major differences between IFRS and U.S. GAAP and their implications for financial statements. Recent Developments: Detailed discussion on the most recent developments in the area of international harmonization/convergence of financial reporting standards. Financial Reporting Issues: Numerous excerpts from recent annual reports to demonstrate differences in financial reporting practices across countries and to demonstrate financial reporting issues especially relevant for multinational corporations. Contents Chapter 1: Introduction to International Accounting Chapter 2: Worldwide Accounting Diversity Chapter 3: International Convergence of Financial Reporting Chapter 4: International Financial Reporting Standards: Part I Chapter 5: International Financial Reporting Standards: Part II Chapter 6: Comparative Accounting Chapter 7: Foreign Currency Transactions and Hedging Foreign Exchange Risk Chapter 8: Translation of Foreign Currency Financial Statements Chapter 9: Additional Financial Reporting Issues Chapter 10: Analysis of Foreign Financial Statements Chapter 11: International Taxation Chapter 12: International Transfer Pricing Chapter 13: Strategic Accounting Issues in Multinational Corporations Chapter 14: Comparative International Auditing and Corporate Governance 55 Accounting Chapter 15: International Corporate Social Responsibility Reporting NEW NEW *9780078025310* FINANCIAL STATEMENT ANALYSIS AND SECURITY VALUATION 5th Edition By Stephen Penman, Columbia University-Business School 2013 (March 2012) / 768 pages ISBN: 9780078025310 ISBN: 9780071326407 [IE] This book describes valuation as an exercise in financial statement analysis. Students learn to view a firm through its financial statements and to carry out the appropriate financial statement analysis to value the firm’s debt and equity. The book takes an activist approach to investing, showing how the analyst challenges the current market price of a share by analyzing the fundamentals. With a careful assessment of accounting quality, accounting comes to life as it is integrated with the modern theory of finance to develop practical analysis and valuation tools for active investing. CONTENTS List of Cases List of Accounting Clinics 1 Introduction to Investing and Valuation 2 Introduction to the Financial Statements Part One Financial Statements and Valuation 3 How Financial Statements Are Used in Valuation 4 Cash Accounting, Accrual Accounting, and Discounted Cash Flow Valuation 5 Accrual Accounting and Valuation: Pricing Book Values 6 Accrual Accounting and Valuation: Pricing Earnings Part Two The Analysis of Financial Statements 7 Viewing the Business Through the Financial Statements 8 The Analysis of the Statement of Shareholders’ Equity 9 The Analysis of the Balance Sheet and Income Statement 10 The Analysis of the Cash Flow Statement 11 The Analysis of Profitability 12 The Analysis of Growth and Sustainable Earnings Part Three Forecasting and Valuation Analysis 13 The Value of Operations and the Evaluation of Enterprise Priceto-Book Ratios and Price-Earnings Ratios 14 Anchoring on the Financial Statements: Simple Forecasting and Simple Valuation 15 Full-Information Forecasting, Valuation, and Business Strategy Analysis Part Four Accounting Analysis and Valuation 16 Creating Accounting Value and Economic Value 17 Analysis of the Quality of Financial Statements Part Five The Analysis of Risk and Return 18 The Analysis of Equity Risk and Return 19 The Analysis of Credit Risk and Return Appendix A Summary of Formulas Index 56 *9780078110863* FINANCIAL REPORTING AND ANALYSIS Financial Statement Analysis International edition 5th Edition By Lawrence Revsine, Northwestern University, Daniel W Collins and Bruce Johnson of University of Iowa-Iowa City and Fred Mittelstaedt, University of Notre Dame 2012 (January 2011) / 1120 pages ISBN: 9780078110863 www.mhhe.com/revsine5e Financial Reporting & Analysis (FR&A) by Revsine/Collins/Johnson/ Mittelstaedt emphasizes both the process of financial reporting and the analysis of financial statements. This book employs a true “user” perspective by discussing the contracting and decision implications of accounting and this helps readers understand why accounting choices matter and to whom. Revsine, Collins, Johnson, and Mittelstaedt train their readers to be good financial detectives, able to read, use, and interpret the statements and-most importantly understand how and why managers can utilize the flexibility in GAAP to manipulate the numbers for their own purposes. Significantly, the new edition emphasizes the differences and similarities between GAAP and IFRS, which is a critical component of this course. New to this edition New Global Vantage Point sections have been added to most chapters that identify key differences between U.S. GAAP and IFRS discuss financial statement excerpts of companies that follow IFRS summarize proposed new accounting standards issued by the FASB and/or the IASB as part of their convergence project References to both the FASB Accounting Standards Codification TM and the underlying pre-Codification U.S. GAAP literature have been added All FASB and IASB standards, exposure drafts, and discussion papers released through October 2010 have been covered Discussion of the 2008 global financial crisis and how it affected accounting measurements is included New or updated company examples are incorporated throughout the book New and revised end-of-chapter materials including exercises, problems, and cases tied to Global Vantage Points or to proposed new FASB and IASB standards have been added Contents Chapter 1 The Economic and Institutional Setting for Financial Reporting Chapter 2 Accrual Accounting and Income Determination Chapter 3 Additional Topics in Income Determination Chapter 4 Structure of the Balance Sheet and Statement of Cash Flows Chapter 5 Essentials of Financial Statement Analysis Chapter 6 The Role of Financial Information in Valuation and Credit Risk Assessment Chapter 7 The Role of Financial Information in Contracting Chapter 8 Receivables Chapter 9 Inventories Chapter 10 Long-Lived Assets Chapter 11 Financial Instruments as Liabilities Accounting Chapter 12 Financial Reporting for Leases Chapter 13 Income Tax Reporting Chapter 14 Pensions and Postretirement Benefits Chapter 15 Financial Reporting for Owners’ Equity Chapter 16 Intercorporate Equity Investments Chapter 17 Statement of Cash Flows Appendix Time Value of Money Index International edition EQUITY VALUATION AND ANALYSIS 2nd Edition By Russell Lundholm and Richard Sloan of University of Michigan--Ann Arbor 2007 (August 2006) / 336 pages ISBN: 9780077219857 (with eVal CD and Pass Code Card) ISBN: 9780071260558 [IE] Contents International edition FINANCIAL STATEMENT ANALYSIS 10th Edition K R Subramanyan, University of Southern California and John J Wild, University of Wisconsin Madison 2009 (May 2008) / 784 pages ISBN: 9780073379432 ISBN: 9780071263924 [IE] www.mhhe.com/subramanyam10e Financial Statement Analysis, 10e, emphasizes effective business analysis and decision making by analysts, investors, managers, and other stakeholders of the company. It continues to set the standard in showing students the keys to effective financial statement analysis. The textbook is set up in a three part framework which makes this textbook one of the best selling books in the market. It begins with an overview (chapters 1-2), followed by accounting analysis (chapters 3-6) and then financial analysis (chapters 7-12). The book presents a balanced view of analysis, including both equity and credit analysis, and both cash-based and earnings-based valuation models. The tenth edition is aimed at accounting and finance classes, and the professional audience – as it shows the relevance of financial statement analysis to all business decision makers. The authors: 1. Use numerous and timely “real world” examples and cases 2. Draw heavily on actual excerpts from financial reports and footnotes 3. Focus on analysis and interpretation of financial reports and their footnotes 4. Illustrate debt and equity valuation that uses results of financial statement analysis Part One 1. Introduction 2. Information Collection 3. Understanding the Business 4. Accounting Analysis 5. Financial Ratio Analysis 6. Cash Flow Analysis 7. Structured Forecasting 8. Forecasting Details 9. The Cost of Capital 10. Valuation 11. Valuation Ratios 12. Some Complications Part Two 1. AOL Time Warner Merger 2. The Valuation of Amazon.com in June 2001 3. Turnaround at Bally Total Fitness 4. Boston Chicken, Inc. 5. Four Valuation Models-One Value 6. EnCom Corporation 7. GAAP versus the Street: Three Cases of Conflicting Quarterly Earnings Announcements 8. The Home Depot, Inc. 9. Evaluation Intel’s Earnings Torpedo 10. Interpreting Margin and Turnover Ratios 11. Netflix, Inc. 12. Overstock.com 13. Pre-Paid Legal Services 14. Determinants of Valuation Ratios: The Restaurant Industry in 2003 15. Forecasting for the Love Boat: Royal Caribbean Cruises in 1998 16. Can Salton Swing? 17. A Tale of Two Movie Theaters Appendix A Appendix B Appendix C Appendix D Index 5. Apply a concise and succinct writing style to make the material accessible Contents Part One: Introduction and Overview Chapter 1: Overview of Financial Statement Analysis Chapter 2: Financial Reporting and Analysis Part Two: Accounting Analysis Chapter 3: Analyzing Financing Activities Chapter 4: Analyzing Investing Activities Chpater 5: Analyzing Investing Activities: Special Topics Chpater 6: Analyzing Operating Activities Part Three: Financial Analysis Chapter 7: Cash Flow Analysis Chpater 8: Return on Invested Capital Chapter 9: Prospective analysis Chapter 10: Credit Analysis Chapter 11: Equity Analysis and Valuation Comprehensive Case: Applying Financial Statement Analysis Invitation to Publish McGraw-Hill is interested to review your textbook proposals for publication. Please contact your local McGraw-Hill office or email to asiapub@mcgraw-hill.com. Visit McGraw-Hill Education (Asia) Website: http://www.mheducation.asia/publish/ 57 Accounting Survey of Accounting International edition NEW *9780078110856* SURVEY OF ACCOUNTING 3rd Edition By Thomas P Edmonds, University of Alabama at Birmingham, Philip R Olds, Virginia Commonwealth University, Frances M McNair, Mississippi State University and Bor-Yi Tsay, University of Alabama at Birmingham Chapter 3 Accounting for Merchandising Businesses Chapter 4 Internal Controls, Accounting for Cash, and Ethics Chapter 5 Accounting for Receivables and Inventory Cost Flow Chapter 6 Accounting for Long-Term Operational Assets Chapter 7 Accounting for Liabilities Chapter 8 Proprietorships, Partnerships, and Corporations Chapter 9 Financial Statement Analysis Chapter 10 An Introduction to Managerial Accounting Chapter 11 Cost Behavior, Operating Leverage, and Profitability analysis Chapter 12 Cost Accumulation, Tracing and Allocation Chapter 13 Relevant Information for Special Decisions Chapter 14 Planning for Profit and Cost Control Chapter 15 Performance Evaluation Chapter 16 Planning for Capital Investments Appendix A Accessing the EDGAR Database through the Internet Appendix B Portion of the Form 10-K for Target Corporation Appendix C The Double-Entry Accounting System International edition 2012 (January 2011) / 672 pages ISBN: 9780078110856 ISBN: 9780071315050 [IE] www.mhhe.com/edmondssurvey3e Survey of Accounting, 3rd edition, is designed to cover both financial and managerial accounting in a single 16-week course, presenting the material in a style easy for non-accounting majors to grasp. It incorporates the same pedagogical innovations that have made Edmonds’ financial and managerial titles such fast-growing successes in the marketplace, including his unique Horizontal Financial Statements Model and a multiple accounting cycle approach that demonstrates the impact of related events over a series of accounting cycles. New to this edition Reorganized the content to more closely follow a traditional balance sheet sequencing approach: the first three chapters introduce the accounting cycle for service and merchandising businesses. Thereafter, topics are presented in the order they normally appear in a balance sheet: accounting for assets, accounting for liabilities, and accounting for equity. Topics associated with corporate governance moved from Chapter 2 to Chapter 4. Chapter 4 now includes coverage of Accounting for Cash, Internal Controls, and Ethics. Accounting for Inventory Cost Flow was moved from Chapter 4 into Chapter 5. Chapter 5 now includes Accounting for Receivables and Inventory Cost Flow. Consolidated coverage of Financial Ratios into a single Chapter (Chapter 9). Added basic coverage of auditing practices in Chapter 4. Added coverage of bond discounts and premiums in Chapter 7. Coverage of manufacturing costs flow through raw materials, work-in-process, and finished goods inventory is in Chapter 10. The Analyze, Think, Communicate sections now include a business application case, a group assignment, a research assignment, a writing assignment, and an ethics case in each chapter. Contents Chapter 1 An Introduction to Accounting Chapter 2 Understanding the Accounting Cycle 58 ACCOUNTING What the Numbers Mean, 9th Edition By David Marshall, Millikin University, Wayne William McManus, International College of the Cayman Islands and Daniel Viele, Webster University 2011 (January 2010) / 784 pages ISBN: 9780073527062 ISBN: 9780071221023 [IE] www.mhhe.com/marshall9e Accounting has become known as the language of business. This new edition is written to meet the needs of those students who will not be accountants but who do need to understand accounting to learn the key language that embarks us in the business world. Marshall, the leading text in the Survey market, takes readers through the basics: what accounting information is, what it means, and how it is used. In using this text, students examine financial statements and discover what they do and do not communicate. This enables them to gain the crucial decision-making and problem-solving skills they need in order to succeed in a professional environment. The new edition still has a strong focus on Return on Investment while updated content is integrated throughout. Contents Chapter 1. Accounting—Present and Past Part 1 Financial Accounting Chapter 2. Financial Statements and Accounting Concepts/Principles Chapter 3. Fundamental Interpretations Made From Financial Statement Data Chapter 4. The Bookkeeping Process and Transaction Analysis Chapter 5. Accounting for and Presentation of Current Assets Chapter 6. Accounting for and Presentation of Property, Plant and Equipment, and other Noncurrent Assets Chapter 7. Accounting for and Presentation of Liabilities Chapter 8. Accounting for and Presentation of Owners’ Equity Chapter 9. The Income Statement and the Statement of Cash Flows Chapter 10. Corporate Governance, Explanatory Notes and Other Disclosures Chapter 11. Financial Statement Analysis Part 2 Managerial Accounting Chapter 12. Managerial Accounting and Cost-Volume-Profit Analysis Chapter 13. Cost Accounting and Reporting Chapter 14. Cost Planning Chapter 15. Cost Control Chapter 16. Costs for Decision Making Epilogue: Accounting—The Future Accounting MBA Managerial Aust Adaptation ACCOUNTING: WHAT THE NUMBERS MEAN Revised 2nd Edition By Marshall (US Author), Jean McCartney, University of Western Sydney, Dianne Van Rhyn, Murdoch University, Wayne McManus (US Author) and Daniel Viele (US Author) 2009 ISBN: 9780070997394 McGraw-Hill Australia Title www.mhhe.com/au/marshall2r Winner: Best Tertiary title (Adaptation) - Australian Publishing Awards 2008. The judges particularly praised the book as follows: “the wraparound jacket is a really good feature with identification of the needs of students. The learning objectives are graded and the chapters are well structured. Everything is tied into the learning objectives and is graded accordingly”. This accessible introduction to accounting retains a practical balance between accounting theory and practice. Taking a transaction analysis approach Accounting: What The Numbers Mean is ideally suited for the one–semester introductory accounting unit. These courses are typically taken by non-accounting majors, as well as postgraduate and MBA students. The strengths of the first edition - such as the clarity of the pedagogy and writing style - have been maintained. To aid learning, chapters have been streamlined and greater coverage of ratio analysis included, whilst debits and credits material has been retained in the appendix. Contents Part 1: Financial Accounting 1. Financial accounting 2. Financial statements and accounting concepts/principles 3. The accounting process 4. Accounting for and presentation of current assets 5. Accounting for and presentation of property, plant, and equipment, and other non-current assets 6. Accounting for and presentation of liabilities 7. Owners’ equity 8. The income statement and the cash flow statement 9. Governance and other information 10. Fundamental interpretations 11. Financial statement analysis Part 2: Management Accounting 12. Management accounting, cost-volume-profit relationships and short-term decision making 13. Cost accounting and reporting systems 14. Cost analysis for planning and control Appendices Appendix 1. CFK Annual report for the year ended 30 June 2006 Appendix 2. From transaction analysis to debits and credits Appendix 3. Solutions to ‘What does it mean?’, ‘So what do you think?’ and Multiple-choice Questions Glossary Index International edition ACCOUNTING FOR DECISION-MAKING AND CONTROL 7th Edition By Jerold Zimmerman, University of Rochester 2011 (January 2010) / 720 pages ISBN: 9780078136726 ISBN: 9780071289641 [IE] www.mhhe.com/zimmerman7e Accounting for Decision Making and Control provides students and managers with an understanding appreciation of the strengths and limitations of an organization’s accounting system. This book provides a framework for thinking about accounting systems and a basis for analyzing proposed changes to these systems. The Seventh Edition demonstrates that managerial accounting is an integral part of the firm’s organizational architecture, not just an isolated set of computational topics. The purpose of this text is to provide students and managers with an understanding and appreciation of the strengths and limitations of an organization’s accounting system, thereby allowing them to be more intelligent users of these systems. The main purpose proposed by the author remains in tact for the Seventh Edition. Contents Chapter 1) Introduction Chapter 2) The nature of costs Chapter 3) Opportunity cost of capital and capital budgeting Chapter 4) Organizational architecture Chapter 5) Responsibility accounting and transfer pricing Chapter 6) Budgeting Chapter 7) Cost allocation: Theory Chapter 8) Cost allocation: Practices Chapter 9) Absorption cost system Chapter 10) Criticisms of absorption cost systems: Incentives to overproduce Chapter 11) Criticisms of absorption cost systems: Inaccurate product costs Chapter 12) Standard costs: Direct labor and materials Chapter 13) Overhead and marketing variances Chapter 14) Management accounting in a changing environment REVIEW COPY (Available for course adoption only) To request for a review copy, contact your local McGraw-Hill representatives or, fax the Review Copy Request Form found in this catalog or, e-mail your request to mghasia_sg@mcgraw-hill.com or, submit online at www.mheducation.asia 59 Accounting MBA Principles International edition ACCOUNTING Corporate Financial Reporting NEW Texts and Cases, 13th Edition By Robert Anthony and David Hawkins of Harvard Business School, Kenneth Merchant, University of Southern California 2011 (May 2010) / 944 pages ISBN: 9780073379593 ISBN: 9780071289092 [IE] Contents Part One: Financial Accounting 1. The Nature and Purpose of Accounting 2. Basic Accounting Concepts: The Balance Sheet 3. Basic Accounting Concepts: The Income Statement 4. Accounting Records and Systems 5. Revenue and Monetary Assets 6. Cost of Sales and Inventories 7. Long-Lived Nonmonetary Assets and Their Amortization 8. Sources of Capital: Debt 9. Sources of Capital: Owners’ Equity 10. Other Items That Affect Net Income and Owners’ Equity 11. The Statement of Cash Flows 12. Acquisitions and Consolidated Statements 13. Financial Statement Analysis 14. Understanding Financial Statements Part Two: Management Accounting 15. The Nature of Management Accounting 16. The Behavior of Costs 17. Full Costs and Their Uses 18. Additional Aspects of Product Costing Systems 19. Standard Costs, Variable Costing Systems, Quality Costs, and Joint Costs 20. Production Cost Variance Analyses 21. Other Variance Analysis 22. Control: The Management Control Environment 23. Control: The Management Control Process 24. Strategic Planning and Budgeting 25. Reporting and Evaluation 26. Short-Run Alternative Choice Decisions 27. Longer-Run Decisions: Capital Budgeting 28. Management Accounting System Design *9780078110863* FINANCIAL REPORTING AND ANALYSIS 5th Edition By Lawrence Revsine, Northwestern University, Daniel W Collins and Bruce Johnson of University of Iowa-Iowa City and Fred Mittelstaedt, University of Notre Dame www.mhhe.com/anthony13e Accounting: Text & Cases is a product of lifelong dedication to the discipline of accounting. Covering both financial and managerial accounting as well as broader managerial issues, the book incorporates a breadth of experience that is sure to enrich your course and your students. The approximately 109 cases that make up most of the end of chapter material are combination of classic Harvard style cases and extended problems, with 12 complete new cases added to the 13th edition. The text is covered as two parts. Part 1 deals with chapters 1 -14 which cover financial accounting, while part 2 covers Chapters 15-28 which in essence is associated with management accounting. The tale end of part 2 also focuses on broader issues of control and corporate strategy. Both parts have been updated to reflect the current changes relevant to Accounting. 2012 (January 2011) / 1120 pages ISBN: 9780078110863 www.mhhe.com/revsine5e Financial Reporting & Analysis (FR&A) by Revsine/Collins/Johnson/ Mittelstaedt emphasizes both the process of financial reporting and the analysis of financial statements. This book employs a true “user” perspective by discussing the contracting and decision implications of accounting and this helps readers understand why accounting choices matter and to whom. Revsine, Collins, Johnson, and Mittelstaedt train their readers to be good financial detectives, able to read, use, and interpret the statements and-most importantly understand how and why managers can utilize the flexibility in GAAP to manipulate the numbers for their own purposes. Significantly, the new edition emphasizes the differences and similarities between GAAP and IFRS, which is a critical component of this course. New to this edition New Global Vantage Point sections have been added to most chapters that identify key differences between U.S. GAAP and IFRS discuss financial statement excerpts of companies that follow IFRS summarize proposed new accounting standards issued by the FASB and/or the IASB as part of their convergence project References to both the FASB Accounting Standards Codification TM and the underlying pre-Codification U.S. GAAP literature have been added All FASB and IASB standards, exposure drafts, and discussion papers released through October 2010 have been covered Discussion of the 2008 global financial crisis and how it affected accounting measurements is included New or updated company examples are incorporated throughout the book New and revised end-of-chapter materials including exercises, problems, and cases tied to Global Vantage Points or to proposed new FASB and IASB standards have been added Contents Chapter 1 The Economic and Institutional Setting for Financial Reporting Chapter 2 Accrual Accounting and Income Determination Chapter 3 Additional Topics in Income Determination Chapter 4 Structure of the Balance Sheet and Statement of Cash Flows Chapter 5 Essentials of Financial Statement Analysis 60 Accounting Chapter 6 The Role of Financial Information in Valuation and Credit Risk Assessment Chapter 7 The Role of Financial Information in Contracting Chapter 8 Receivables Chapter 9 Inventories Chapter 10 Long-Lived Assets Chapter 11 Financial Instruments as Liabilities Chapter 12 Financial Reporting for Leases Chapter 13 Income Tax Reporting Chapter 14 Pensions and Postretirement Benefits Chapter 15 Financial Reporting for Owners’ Equity Chapter 16 Intercorporate Equity Investments Chapter 17 Statement of Cash Flows Appendix Time Value of Money Index Other Accounting International edition NEW *9780078136665* FORENSIC ACCOUNTINg and fraud examination 2nd Edition By William Hopwood, George Richard Young and Jay Leiner of Florida Atlantic UniversityBoca Raton Management Control 2012 (April 2011) / 672 pages ISBN: 9780078136665 ISBN: 9780071289320 [IE] www.mhhe.com/hopwood2e International edition MANAGEMENT CONTROL SYSTEMS 12th Edition By Robert N Anthony, Harvard Business School and Vijay Govindarajan, Dartmouth College 2007 (May 2006) / 784 pages ISBN: 9780073100890 ISBN: 9780071254106 [IE] Contents Ch. 1 The Nature of Management Control Systems. Part 1 The Management Control Environment. Ch. 2 Understanding Strategy. Ch. 3 Understanding Behavior in Organizations. Ch. 4 Responsibility Centers: Revenue and Expense Centers. Ch. 5 Profit Centers. Ch. 6 Transfer Pricing. Ch. 7 Measuring and Controlling Assets Employed. Part 2 The Management Control Process. Ch. 8 Strategic Planning. Ch. 9 Budget Preparation. Ch. 10 Analyzing Financial Performance Reports. Ch. 11 Performance Measurement. Ch. 12 Management Compensation. Part 3 Variations in Management Control. Ch. 13 Controls for Differentiated Strategies. Ch. 14 Service Organizations. Ch. 15 Multinational Organizations. Ch. 16 Management Control of Projects Grounded firmly in real-world practice, Forensic Accounting provides the most comprehensive view of fraud investigation on the market. Where other books focus almost entirely on auditing and financial reporting, Hopwood, Young, and Leiner include a vast range of civil and criminal accounting fraud and related activities, from false business valuations and employer fraud to information security and counterterrorism. The author team provide experience in fraud investigation that lends the book real-world perspective unmatched by any other. New to this edition Coverage of the criminal justice system as it relates to accounting is extensive, touching on areas such as forensic science, organized crime, litigation support, and expert testimony. In light of a general increase in the demand for fraud investigation services, the second edition adds 5 new chapters relating to fraud investigation processes. A major distinction of the second edition is that it follows a process-oriented approach. Flow charts are present throughout Part II (Chapters 5-12) to graphically illustrate the sequence of steps followed in fraud investigations. Contents Part One: Introduction to Forensic Accounting and Fraud Examination 1. Introduction to Forensic Accounting and Fraud Examination 2. The Forensic Accounting Legal Environment 3. Fundamentals 1: Accounting Information Systems 4. Fundamentals 2: The Auditing Environment Part Two: Fraud Examination Theory, Practice, and Methods 5. Fraud Prevention and Risk Management 6. Fraud Detection 7. The Fraud Investigation and Engagement Processes 8. The Evidence Collection Process 9. Fraud Examination Evidence I: Physical, Documentary, and Observational Evidence 10. Fraud Examination Evidence II: Interview and Interrogation Methods 11. Fraud Examination III: Forensic Science and Computer Forensics 12. The Fraud Report, Litigation, and the Recovery Process Part Three: Occupational and Organizational Fraud 13. Employee, Vendor, and Other Frauds against the Organization 14. Financial Statement Fraud 15. Fraud and SOX Compliance Part Four: Specialized Fraud Areas 61 Accounting 16. Tax Fraud 17. Bankruptcy, Divorce, Identity Theft, and Loan and Insurance Fraud 18. Organized Crime, Counterterrorism, and Antimoney-Laundering Part Five: Other Forensic Accounting Services 19. Business Valuation 20. Dispute Resolution Services ETHICAL OBLIGATIONS AND DECISIONMAKING IN ACCOUNTING Text and Cases, 2nd Edition By Steven M Mintz, Claremont McKenna College and Roselyn Morris, Texas State University-San Marcos 2011 (October 2010) / 512 pages ISBN: 9780078025280 www.mhhe.com/mintz2e The overriding philosophy of this text is that the ethical obligations of accountants and auditors are best understood in the context of professional responsibilities including one’s role in the corporate governance system, the requirements of financial reporting, the audit function, obligations to prevent and detect fraud, and legal liabilities. Ethical Obligations and Decision Making in Accounting was written to guide accountants past a scandal filled age. Our book is entirely devoted to helping students cultivate the ethical commitment needed to ensure that their work meets the highest standards of integrity, independence, and objectivity. Ethical Obligations and Decision Making in Accounting is designed to provide the instructor with the best flexibility and pedagogical effectiveness of any book on the market. To that end, it includes numerous features designed to make both learning and teaching easier. Contents Chapter 1 – Ethical Reasoning: Implications for Accounting Chapter 2 – Accountants’ Ethical Decision Process and Professional Judgment Chapter 3 – Corporate Governance and Ethical Management Chapter 4 – AICPA Code of Professional Conduct Chapter 5 – Audit Responsibilities and Accounting Fraud Chapter 6 – Legal and Regulatory Obligations in an Ethical Framework Chapter 7 – Earnings Management and the Quality of Financial Reporting Chapter 8 – International Financial Reporting: Ethics and Corporate Governance Considerations Major Cases ACCOUNTING AND BOOKKEEPING Principles and Practice By Association of Accounting Technicians AAT and David Willis 2010 (September 2010) ISBN: 9780071013932 (with Workbook) McGraw-Hill Australia Title www.mhhe.com/au/bookkeeping Accounting and Bookkeeping Principles and Practice provides a complete course for Certificate IV Financial Services (Bookkeeping) in the FNS10 Financial Services Training Package. It covers all the main requirements of the Tax Practitioners Board to enable registration as a provider of BAS services in Australia. This text is also a useful resource for students of a wide range of introductory accounting courses. Featuring a student-friendly writing style and a wealth of exercises, this is the perfect text for VET-level bookkeeping students. Contents Introduction BSBFIA401A Source documents and Goods and Services Tax (GST) BSBFIA401A, FNSBKPG402A, FNSBKPG404A 62 Cash & credit journals BSBFIA401A General journal entries BSBFIA401A Postings to ledger accounts and the trial balance BSBFIA401A Accounting for debtors and creditors, accruals and subsidiary ledgers FSACCT302A, FNSBKPG403A Trial tests No. 1 and No. 2 Prepare Business Activity Statements for GST and Income Tax instalments FNSBKPG404A Controls over cash and a petty cash system FNSBKPG402A Bank reconciliations FNSBKPG404A Establish and maintain a manual payroll system FNSBKPG405A Maintain inventory records FNSACCT405A Register of Property and maintaining asset records BSBFIA401A Establish and maintain an accrual accounting system, including balance adjustments BSBFIA401A Worksheets, the Revenue Statement and the Balance Sheet BSBFIA401A Trial tests SCHAUM’S OUTLINE OF BOOKKEEPING AND ACCOUNTING 4th Edition By Joel J Lerner, Sulivan County Community College and Rajul Gokarn 2010 (September 2009) / 480 pages ISBN: 9780071635363 A Schaum Publication Schaum’s Outline of Bookkeeping and Accounting is the ideal review and reference for your accounting class. Inside you’ll find explanations of the subject’s fundamentals and topics such as financial analysis, preparing cash flow statements, and the distinction between accounting for perpetual and periodic inventory system. It also includes a chapter on the most popular accounting software, which accounting students are expected to master before they graduate. Contents 1. Assets, Liabilities, and Capital 2. Debits and Credits: The Double-Entry System 3. Journalizing and Posting Transactions 4. Financial Statements 5. Adjusting and Closing Procedures 6. Computer Application: Peachtree Complete® Software Introduction 7. Repetitive Transaction: The Sales and the Purchases Journals 8. The Cash Journal 9. Summarizing and Reporting via the Worksheet 10. The Merchandising Company 11. Costing Merchandise Inventory 12. Pricing Merchandise 13. Negotiable Instruments 14. Controlling Cash 15. Payroll 16. Property, Plant, and Equipment: Depreciation 17. The Partnership 18. The Corporation 63 FINANCE, INSURANCE & REAL ESTATE Bank Management..............................................................................................95 Behavioral Finance..............................................................................................97 Business Finance................................................................................................83 Cases in Corporate Finance................................................................................87 Derivatives / Futures & Options...........................................................................91 Finance for the Non-Financial Managers..........................................................101 Financial Institutions and Markets.......................................................................93 Financial Institutions Management......................................................................93 Financial Planning...............................................................................................97 Financial System...............................................................................................103 International Financial Management...................................................................96 Investments - Graduate.......................................................................................87 Investments - Supplementary..............................................................................86 Investments - Textbooks......................................................................................83 Managerial & Corporate Finance - Graduate......................................................79 Managerial & Corporate Finance - Supplements................................................77 Managerial & Corporate Finance - Textbooks.....................................................65 Mathematics of Finance....................................................................................102 Money and Capital Markets.................................................................................89 Personal Finance................................................................................................98 Portfolio Management.........................................................................................90 Professional References...................................................................................106 Real Estate Finance / Investment.....................................................................106 Real Estate Principles, Analysis & Management...............................................105 Risk Management.............................................................................................102 Upper Division Insurance..................................................................................105 New Titles FINANCE, INSURANCE & REAL ESTATE 2013 Author ISBN Page Bank Management & Financial Services, 9e Rose 9780078034671 95 Fundamentals of Corporate Finance: Alternate Edition, 10e Ross9780077479459 65 Fundamentals of Corporate Finance: Standard Edition, 10e Ross 9780078034633 66 Personal Finance Walker 9780073530659 98 2012 Author ISBN Fundamentals of Corporate Finance, 7e Brealey 9780078034640 67 Finance: Applications and Theory, 2e Cornett 9780073530673 68 M: Finance Cornett 9780073382241 69 International Financial Management, 6e Eun 9780078034657 96 Fundamentals of Cororate Finance, 5e [UK Adaptation] Firer 9780077134525 71 Analysis for Financial Management, 10e Higgins 9780078034688 71, 101 Fundamentals of Investment Management, 10e Hirt 9780078034626 83 Fundamentals of Investments, 6e Jordan 9780073530710 83 Personal Finance, 10e Kapoor 9780073530697 99 Financial Markets & Institutions, 5e Saunders 9780078034664 93 2011 Author ISBN Financial Mathematics for Actuaries [Asian Pub] Chan 9780071288934 102 Managing Your Personal Finance [Asian Pub] Chan 9780071078863 100 Financial Markets and Corporate Strategy, 2e [UK Adaptation] Hillier 9780077129422 72 Fundamentals of Corporate Finance [UK] Hillier 9780077125257 73 Financial Management: Text, Problems and Cases, 6e [India] Khan 9780071067850 73, 80 Futures and Options [Asian Pub] Parameswaran 9780071313643 91 Fundamentals of Corporate Finance: An Asian Perspective [Asian Pub] Ross 9780071088022 74 Security Analysis and Portfolio Management [India] Sasidharan 9780071078016 90 Understanding Mutual Funds [India] Shashikant 9780071333481 85 FINANCE, INSURANCE & REAL ESTATE Page FINANCE, INSURANCE & REAL ESTATE 64 Page Finance, Insurance & Real Estate Managerial & Corporate Finance - Textbooks NEW *9780077479459* FUNDAMENTALS OF CORPORATE FINANCE Alternate Edition, 10th Edition By Stephen A Ross, Mass institute of Tech, Randolph W Westerfield, University of Southern California and Bradford D Jordan, University of Kentucky-Lexington 2013 (January 2012) / 992 pages ISBN: 9780077479459 (Alternate Edition) The best-selling Fundamentals of Corporate Finance (FCF) has three basic themes that are the central focus of the book: 1) An emphasis on intuition—the authors separate and explain the principles at work on a common sense, intuitive level before launching into any specifics. 2) A unified valuation approach—net present value (NPV) is treated as the basic concept underlying corporate finance. 3) A managerial focus—the authors emphasize the role of the financial manager as decision maker, and they stress the need for managerial input and judgment. personalized one-on-one tutor experience. NEW! Interactive Applications stimulate critical thinking and reinforce key concepts, and students receive immediate feedback and can track their progress in their own report. Students will be asked to “click and drag” specific choices to make decisions, categorize, or put in a time sequence, and then are asked multiple-choice questions to confirm understanding of the key concepts of the activity. NEW! Select key problems offer Guided Examples next to the assigned problems to show how to work through a similar problem. Students can learn from this video to then solve their own assigned problems Detailed Feedback offers the option to present worked-out solutions to the problem, showing the students each step of the process. Appropriate chapters and problems include calculator keystroke solutions in addition to formulas. A Self Quiz and Study program allows students to evaluate their performance through a practice test and then receive recommendations for specific readings from the text, supplemental study material, and practice work that will improve their mastery of each learning objective. Pre-built assignments are available to save you set up time. Connect Plus Finance. This packaging option combines all the great features of Connect Finance, along with access to an online version of Fundamentals of Corporate Finance, 10e, so that students can easily refer back to the text for review and guidance. This media rich e-book links directly to tutorials and online resources. Excel Master for Fundamentals of Corporate Finance. This supplement, free to students and delivered from the text’s website, goes far beyond existing spreadsheet tutorials. It expertly demonstrates to students how to use the most powerful tools in Excel to do professional quality financial analysis. Excel Master is fully integrated with the textbook such that every suitable topic in the text is covered in depth. The result is that students end up learning corporate finance and spreadsheet techniques at the same time. New to this edition, icons in the sidebar identify concepts and skills covered in this program. The Tenth Edition continues the tradition of excellence that has earned Fundamentals of Corporate Finance its status as market leader. Every chapter has been updated to provide the most current examples that reflect corporate finance in today’s world. The supplements package has been updated and improved, and with the enhanced Connect Finance and Excel Master, student and instructor support has never been stronger. Self Quiz and Study end-of-chapter feature. This new end-ofchapter feature gives students a quick overview of what resources are available in McGraw-Hill Connect’s Self Quiz and Study program. Students get a glimpse of practice questions, the additional assets available to help students study and master the content, and the address to log on for more practice. This can be a great way to engage your Connect-using students in Corporate Finance! New to this edition Updated Topic Coverage: McGraw-Hill’s Connect Finance offers a number of powerful tools and features to make managing assignments easier, so you can spend more time teaching. Students can engage with their coursework anytime and anywhere, making the learning process more accessible and efficient. In short, Connect Finance facilitates student learning and optimizes your time and energies, enabling you to focus on course content, teaching, and student learning. Connect for Ross/Westerfield/Jordan has been expanded with new learning resources for your students. Chapter 3 – defines enterprise value (EV) and discusses the widely used EV-EBITDA ratio, and includes new end of chapter questions on industry-specific ratios and EV-EBITDA ratio Chapter 8 – a new section illustrates using PE and price/sales ratios for equity valuation. More than ten new end-of-chapter problems reflect this new content. Chapter 23 - new material on enterprise risk management (ERM) and the use of insurance as an RM tool. See book preface for a complete list of changes Create and deliver online, auto-graded homework assignments, quizzes, and tests directly from the end-of-chapter materials or test bank. Problems are available as both static and algorithmic problems, and there are also multiple-choice conceptual questions. Students receive immediate, detailed feedback on their assignments, allowing them to focus on the areas where they need improvement. Questions mapped to AACSB skill areas, Bloom’s Taxonomy levels, and difficulty level enable you to run reports that assess specific learning outcomes. NEW! LearnSmart ensures your students are learning faster, studying more efficiently, and retaining more knowledge. It pinpoints concepts the student does not understand and maps out a personalized study plan for success. Based on students’ self-diagnoses of their proficiency, LearnSmart intelligently provides students with a series of adaptive questions. This provides students with a CONTENTS Part One: Overview of Corporate Finance Chapter 1: Introduction to Corporate Finance Chapter 2: Financial Statements, Taxes, and Cash Flow Part Two: Financial Statements and Long-Term Financial Planning Chapter 3: Working with Financial Statements Chapter 4: Long-Term Financial Planning and Growth Part Three: Valuation of Future Cash Flows Chapter 5: Introduction to Valuation: The Time Value of Money Chapter 6: Discounted Cash Flow Valuation Chapter 7: Interest Rates and Bond Valuation Chapter 8: Stock Valuation Part Four: Capital Budgeting Chapter 9: Net Present Value and Other Investment Criteria 65 Finance, Insurance & Real Estate Chapter 10: Making Capital Investment Decisions Chapter 11: Project Analysis and Evaluation Part Five: Risk and Return Chapter 12: Some Lessons from Capital Market History Chapter 13: Return, Risk, and the Security Market Line Part Six: Cost of Capital and Long-Term Financial Policy Chapter 14: Cost of Capital Chapter 15: Raising Capital Chapter 16: Financial Leverage and Capital Structure Policy Chapter 17: Dividends and Payout Policy Part Seven: Short-Term Financial Planning and Management Chapter 18: Short-Term Finance and Planning Chapter 19: Cash and Liquidity Management Chapter 20: Credit and Inventory Management Part Eight: Topics in Corporate Finance Chapter 21: International Corporate Finance Chapter 22: Behavioral Finance: Implications for Financial Management Chapter 23: Enterprise Risk Management Chapter 24: Options and Corporate Finance Chapter 25: Option Valuation Chapter 26: Mergers and Acquisitions Chapter 27: Leasing NEW *9780078034633* FUNDAMENTALS OF CORPORATE FINANCE Standard Edition, 10th Edition By Stephen A Ross, Mass institute of Tech, Randolph W Westerfield, University of Southern California and Bradford D Jordan, University of Kentucky-Lexington 2013 (January 2012) / 800 pages ISBN: 9780078034633 (Standard Edition) www.mhhe.com/rwjfund10e The best-selling Fundamentals of Corporate Finance (FCF) has three basic themes that are the central focus of the book: 1) An emphasis on intuition—the authors separate and explain the principles at work on a common sense, intuitive level before launching into any specifics. more accessible and efficient. In short, Connect Finance facilitates student learning and optimizes your time and energies, enabling you to focus on course content, teaching, and student learning. Connect for Ross/Westerfield/Jordan has been expanded with new learning resources for your students. Create and deliver online, auto-graded homework assignments, quizzes, and tests directly from the end-of-chapter materials or test bank. Problems are available as both static and algorithmic problems, and there are also multiple-choice conceptual questions. Students receive immediate, detailed feedback on their assignments, allowing them to focus on the areas where they need improvement. Questions mapped to AACSB skill areas, Bloom’s Taxonomy levels, and difficulty level enable you to run reports that assess specific learning outcomes. NEW! LearnSmart ensures your students are learning faster, studying more efficiently, and retaining more knowledge. It pinpoints concepts the student does not understand and maps out a personalized study plan for success. Based on students’ self-diagnoses of their proficiency, LearnSmart intelligently provides students with a series of adaptive questions. This provides students with a personalized one-on-one tutor experience. NEW! Interactive Applications stimulate critical thinking and reinforce key concepts, and students receive immediate feedback and can track their progress in their own report. Students will be asked to “click and drag” specific choices to make decisions, categorize, or put in a time sequence, and then are asked multiple-choice questions to confirm understanding of the key concepts of the activity. NEW! Select key problems offer Guided Examples next to the assigned problems to show how to work through a similar problem. Students can learn from this video to then solve their own assigned problems Detailed Feedback offers the option to present worked-out solutions to the problem, showing the students each step of the process. Appropriate chapters and problems include calculator keystroke solutions in addition to formulas. A Self Quiz and Study program allows students to evaluate their performance through a practice test and then receive recommendations for specific readings from the text, supplemental study material, and practice work that will improve their mastery of each learning objective. Pre-built assignments are available to save you set up time. Connect Plus Finance. This packaging option combines all the great features of Connect Finance, along with access to an online version of Fundamentals of Corporate Finance, 10e, so that students can easily refer back to the text for review and guidance. This media rich e-book links directly to tutorials and online resources. 3) A managerial focus—the authors emphasize the role of the financial manager as decision maker, and they stress the need for managerial input and judgment. Excel Master for Fundamentals of Corporate Finance. This supplement, free to students and delivered from the text’s website, goes far beyond existing spreadsheet tutorials. It expertly demonstrates to students how to use the most powerful tools in Excel to do professional quality financial analysis. Excel Master is fully integrated with the textbook such that every suitable topic in the text is covered in depth. The result is that students end up learning corporate finance and spreadsheet techniques at the same time. New to this edition, icons in the sidebar identify concepts and skills covered in this program. The Tenth Edition continues the tradition of excellence that has earned Fundamentals of Corporate Finance its status as market leader. Every chapter has been updated to provide the most current examples that reflect corporate finance in today’s world. The supplements package has been updated and improved, and with the enhanced Connect Finance and Excel Master, student and instructor support has never been stronger. Self Quiz and Study end-of-chapter feature. This new end-ofchapter feature gives students a quick overview of what resources are available in McGraw-Hill Connect’s Self Quiz and Study program. Students get a glimpse of practice questions, the additional assets available to help students study and master the content, and the address to log on for more practice. This can be a great way to engage your Connect-using students in Corporate Finance! New to this edition Updated Topic Coverage: McGraw-Hill’s Connect Finance offers a number of powerful tools and features to make managing assignments easier, so you can spend more time teaching. Students can engage with their coursework anytime and anywhere, making the learning process Chapter 3 – defines enterprise value (EV) and discusses the widely used EV-EBITDA ratio, and includes new end of chapter questions on industry-specific ratios and EV-EBITDA ratio Chapter 8 – a new section illustrates using PE and price/sales ratios for equity valuation. More than ten new end-of-chapter problems 2) A unified valuation approach—net present value (NPV) is treated as the basic concept underlying corporate finance. 66 Finance, Insurance & Real Estate reflect this new content. Chapter 23 - new material on enterprise risk management (ERM) and the use of insurance as an RM tool. See book preface for a complete list of changes CONTENTS Part One: Overview of Corporate Finance Chapter 1: Introduction to Corporate Finance Chapter 2: Financial Statements, Taxes, and Cash Flow Part Two: Financial Statements and Long-Term Financial Planning Chapter 3: Working with Financial Statements Chapter 4: Long-Term Financial Planning and Growth Part Three: Valuation of Future Cash Flows Chapter 5: Introduction to Valuation: The Time Value of Money Chapter 6: Discounted Cash Flow Valuation Chapter 7: Interest Rates and Bond Valuation Chapter 8: Stock Valuation Part Four: Capital Budgeting Chapter 9: Net Present Value and Other Investment Criteria Chapter 10: Making Capital Investment Decisions Chapter 11: Project Analysis and Evaluation Part Five: Risk and Return Chapter 12: Some Lessons from Capital Market History Chapter 13: Return, Risk, and the Security Market Line Part Six: Cost of Capital and Long-Term Financial Policy Chapter 14: Cost of Capital Chapter 15: Raising Capital Chapter 16: Financial Leverage and Capital Structure Policy Chapter 17: Dividends and Payout Policy Part Seven: Short-Term Financial Planning and Management Chapter 18: Short-Term Finance and Planning Chapter 19: Cash and Liquidity Management Chapter 20: Credit and Inventory Management Part Eight: Topics in Corporate Finance Chapter 21: International Corporate Finance International edition NEW *9780078034640* FUNDAMENTALS OF CORPORATE FINANCE 7th Edition By Richard A Brealey, London Business School, Stewart C Myers, Mass Institute of Tech and Alan J Marcus, Boston College 2012 (September 2011) / 768 pages ISBN: 9780078034640 ISBN: 9780071314749 [IE] www.mhhe.com/bmm7e Fundamentals of Corporate Finance, by Brealey, Myers and Marcus, provides students with a solid framework of theory and application to use well after they complete the course. This author team is known for their outstanding research, teaching efforts, and world-renowned finance textbooks, so it’s no surprise that they provide clear exposition of difficult material without sacrificing up-to-date, technically correct treatments. The seventh edition has been fully updated to reflect recent events and is now available with Connect Finance! New to this edition McGraw-Hill Connect Finance Connect Finance offers a number of powerful tools and features to make managing assignments easier, so you can spend more time teaching. Students can engage with their coursework anytime and anywhere, making the learning process more accessible and efficient. In short, Connect Finance facilitates student learning and optimizes your time and energies, enabling you to focus on course content, teaching, and student learning. Create and deliver online, auto-graded homework assignments, quizzes, and tests directly from the end-of-chapter materials or test bank. Problems are available as both static and algorithmic problems, and there are also multiple-choice conceptual questions. Students receive immediate, detailed feedback on their assignments, allowing them to focus on the areas where they need improvement. Questions mapped to AACSB skill areas, Bloom’s Taxonomy levels, and difficulty level enable you to run reports that assess specific learning outcomes. A Self Quiz and Study program allows students to evaluate their performance through a practice test and then receive recommendations for specific readings from the text, supplemental study material, and practice work that will improve their mastery of each learning objective. Pre-built assignments are available to save you set up time. Guided Examples offer online student tutorials at the problem level. They present a similar problem using either formulas, calculator, or Excel, next to the homework problem to help students understand how to move forward. Prep Courses, comprised of animated tutorial modules with quiz questions, cover the subjects of Statistics, Math, Accounting, and Economics, and are intended to make sure students are up to speed on these key concepts before exposing them to more complex subjects. Connect Plus Finance. This packaging option combines all the great features of Connect Finance, along with access to an online version of Fundamentals of Corporate Finance, linked to additional study features, so that students can easily refer back to the text for review and guidance. Updated Topic Coverage: To reflect the increased attention on agency theory and behavioral finance, the material on efficient markets in Chapter 7 (Valuing Stocks) now includes a section on price bubbles as well as a discussion of behavioral biases. Other topics that receive increased emphasis include company valuation, real options, and stock repurchases. There are plenty of references in this edition to the crisis of 20072009 and its impact on financial managers, and there are also many less dramatic examples of recent changes in the financial landscape. For example, Chapter 3 (Accounting and Finance) includes a discussion of SOX, of mark-to-market accounting, and of recent developments in international accounting standards. All statistics have been updated when appropriate, including measures of EVA, data on security ownership, bond yields, and dividend and repurchase payouts. Improved Flow: • Chapter 4 emphasizes how financial ratios are used in measuring the value management has added to a firm. This context prevents the chapter from becoming a tedious list of ratios. This introduction prevents the chapter from becoming a tedious list of ratios. The discussion of the internal rate of return and its pitfalls in Chapter 8 (Net Present Value and Other Investment Criteria) has been reworked to make the discussion of IRR flow more easily. Spreadsheet Solutions Boxes demonstrate how students may use Microsoft Excel to perform useful financial calculations demonstrate how students may use Microsoft Excel to perform useful financial calculations. Questions have been added at the end of each box so students can perform their own similar analysis to make 67 Finance, Insurance & Real Estate sure they understand the concept. Students who need assistance in using Microsoft Excel can refer to the student side of the Online Learning Center that contains a detailed Excel tutorial with spreadsheet templates. International edition NEW Contents Part One Introduction 1 Goals and Governance of the Firm 2 Financial Markets and Institutions 3 Accounting and Finance 4 Measuring Corporate Performance Part Two Value 5 The Time Value of Money 6 Valuing Bonds 7 Valuing Stocks 8 Net Present Value and Other Investment Criteria 9 Using Discounted Cash-Flow Analysis to Make Investment Decisions 10 Project Analysis Part Three Risk 11 Introduction to Risk, Return, and the Opportunity Cost of Capital 12 Risk, Return, and Capital Budgeting 13 The Weighted-Average Cost of Capital and Company Valuation Part Four Financing 14 Introduction to Corporate Financing 15 How Corporations Raise Venture Capital and Issue Securities Part Five Debt and Payout Policy 16 Debt Policy 17 Payout Policy Part Six Financial Analysis and Planning 18 Long-Term Financial Planning 19 Short-Term Financial Planning 20 Working Capital Management Part Seven Special Topics 21 Mergers, Acquisitions, and Corporate Control 22 International Financial Management 23 Options 24 Risk Management Part Eight Conclusion 25 What We Do and Do Not Know about Finance Appendix A Appendix B Glossary Credits Global Index Index Invitation to Publish McGraw-Hill is interested to review your textbook proposals for publication. Please contact your local McGraw-Hill office or email to asiapub@mcgraw-hill.com. Visit McGraw-Hill Education (Asia) Website: http://www.mheducation.asia/publish/ 68 *9780073530673* FINANCE: APPLICATIONS AND THEORY 2nd Edition By Marcia Millon Cornett, Boston University, Troy Adair, Wilkes University and John Nofsinger, Washington State Univesity-Pullman 2012 (October 2011) / 736 pages ISBN: 9780073530673 ISBN: 9780071314862 [IE] www.mhhe.com/can2e It’s About Time! Finally, there’s a corporate finance book that incorporates the newest technology to facilitate the learning process, saving time for instructors and students. The Second Edition continues to provide the core topics for the course, highlighting personal examples just as instructors do during their class. New to this edition are unique Quick Response (QR) codes that enable students with smartphones to instantly access online help or explore topics further without ever leaving their page in the book. With Connect PlusTM Finance, students can take self-graded practice quizzes, homework assignments, or tests, making the learning process more accessible and efficient. An integrated, printable eBook is also included in the package, allowing for anytime, anywhere access to the textbook. Isn’t it time to get the most out of a corporate finance text? New to this edition McGraw-Hill’s Connect Finance for Cornett/Adair/Nofsinger has been expanded and improved. Connect Finance offers a number of powerful tools and features to make managing assignments easier, so you can spend more time teaching. Students can engage with their coursework anytime and anywhere, making the learning process more accessible and efficient. In short, Connect Finance facilitates student learning and optimizes your time and energies, enabling you to focus on course content, teaching, and student learning. Create and deliver online, auto-graded homework assignments, quizzes, and tests directly from the end-of-chapter materials or test bank. Problems are available as both static and algorithmic problems, and there are also multiple-choice conceptual questions. Students receive immediate, detailed feedback on their assignments, allowing them to focus on the areas where they need improvement. Questions mapped to AACSB skill areas, Bloom’s Taxonomy levels, and difficulty level enable you to run reports that assess specific learning outcomes. Guided Examples offer online student tutorials at the problem level. They present a similar problem using formulas, calculator, or Excel, next to the homework problem to help students understand how to move forward. Detailed Feedback offers the option to present worked-out solutions to the problem, showing the students each step of the process. Appropriate chapters and problems include calculator keystroke solutions in addition to formulas. A Self Quiz and Study program allows students to evaluate their performance through a practice test and then receive recommendations for specific readings from the text, supplemental study material, and practice work that will improve their mastery of each learning objective. Pre-built assignments are available to save you set up time. Prep Courses, comprised of animated tutorial modules with quiz questions, cover the subjects of Statistics, Math, Accounting, and Economics, and are intended to make sure students are up to speed on these key concepts before exposing them to more Finance, Insurance & Real Estate complex subjects. Connect Plus Finance. This packaging option combines all the great features of Connect Finance, along with access to an online version of Finance, 2e, so that students can easily refer back to the text for review and guidance. This media rich e-book links directly to tutorials and online resources. Chapter Reorganization: Based on feedback from users and reviewers, the authors revised the Second Edition to follow instructors’ teaching strategy even more closely. Understanding Financial Markets and Institutions has been moved from Chapter 8 to Chapter 6, to now precede the discussion of stocks and bonds. Addressing Working Capital Policies and Managing Short-Term Assets and Liabilities (previously Chapter 17) has been moved adjacent to Chapter 13, Weighing Net Present Value and Other Capital Budgeting Criteria, for better tie-in with previous discussions of cash flows and capital budgeting techniques. Financial Planning and Forecasting, previously a Web chapter, has been moved to the book as Chapter 15. Assessing Long-Term Debt, Equity, and Capital Structure (previously Chapter 14) has been moved adjacent to Financial Planning and Forecasting to build on the idea of altering capital structure in light of previous discussions of forecasting. Part VI: Capital Budgeting Chapter 11: Calculating the Cost of Capital Chapter 12: Estimating Cash Flows on Capital Budgeting Projects Chapter 13: Weighing Net Present Value and Other Capital Budgeting Criteria Part VII: Capital Structure Issues Chapter 14: Addressing Working Capital and Managing Short-Term Assets and Liabilities Chapter 15: Financial Planning and Forecasting Chapter 16: Assessing Long-term Debt, Equity, and Capital Structure Chapter 17: Sharing Firm Wealth: Dividends, Share Repurchases and Other Payouts Chapter 18: Issuing Capital and the Investment Banking Process Part VIII: Other Topics in Finance Chapter 19: Considering International Aspects of Corporate Finance Chapter 20: Managing Mergers and Acquisitions and Financial Distress NEW New to the Second Edition, Quick Response (QR) codes enable students with smartphones to go directly to the Guided Example from the actual page in the book. Viewpoints Extended expands on the popular Viewpoints feature from 1e (see retained features below), and leverages a variety of media to provide an alternate look at each personal application raised. Word forms of selected formulas have been added before the number form to provide an intuitive bridge for a variety of learning styles. Numbered examples have been cross-referenced to similar endof-chapter problems so students can easily model their homework. More than half of the numbers in the end-of-chapter problems have been updated to provide variety and limit the transfer of answers from previous classes. Every chapter has been revised and updated to reflect the latest data and ideas in Corporate Finance. A detailed chapter by chapter change list is available by request. Contents Part I: Introduction Chapter 1: Introduction to Financial Management Part II: Financial Statements Chapter 2: Reviewing Financial Statements Chapter 3: Analyzing Financial Statements Part III: Valuing of Future Cash Flows Chapter 4: Time Value of Money 1: Analyzing Single Cash Flows Chapter 5: Time Value of Money 2: Analyzing Annuity Cash Flows Part IV: Valuing of Bonds and Stocks Chapter 6 Understanding Financial Markets and Institutions Chapter 7 Valuing Bonds Chapter 8 Valuing Stocks Part V: Risk and Return Chapter 9: Characterizing Risk and Return Chapter 10: Estimating Risk and Return *9780073382241* M: FINANCE Guided Examples provide online tutorials in short video format for each numbered Example in the book. There are five tutorials per Example: One that talks through how to solve the example in the book; One that talks through a similar example and stops at decision points where students choose the next step; Two that show how to solve the problem using two different financial calculators; One that shows how to solve the problem in Excel. By Marcia Millon Cornett, Boston University, Troy Adair, Wilkes University and John Nofsinger, Washington State Univesity-Pullman 2012 (January 2011) / 368 pages ISBN: 9780073382241 ISBN: 9780077506056 (with Connect Plus) www.mhhe.com/canM M: Finance is a market-driven corporate finance book with the latest in teaching and learning tools – all at an affordable price! With M: Finance , students receive a cost-effective, easy to read, focused text complete with study resources (both print and online) to help them review for tests and apply chapter concepts. Professors receive a text that contains all the pertinent information--yet in a more condensed format that is easier to cover. In addition, online gradable assignments are provided to utilize the power of the web, making projects more fun for students and automatically grade materials to support instructors. Features McGraw-Hill Connect Finance Connect Finance offers a number of powerful tools and features to make managing assignments easier, so you can spend more time teaching. Students can engage with their coursework anytime and anywhere, making the learning process more accessible and efficient. In short, Connect Finance facilitates student learning and optimizes your time and energies, enabling you to focus on course content, teaching, and student learning. Create and deliver online, auto-graded homework assignments, quizzes, and tests directly from the end-of-chapter materials or test bank. Problems are available as both static and algorithmic problems, and there are also multiple-choice conceptual questions. Students receive immediate, detailed feedback on their assignments, allowing them to focus on the areas where they need improvement. Questions mapped to AACSB skill areas, Bloom’s Taxonomy levels, and difficulty level enable you to run reports that assess specific learning outcomes. A Self Quiz and Study program allows students to evaluate their performance through a practice test and then receive recommendations for specific readings from the text, supplemental study material, and practice work that will improve their mastery of each 69 Finance, Insurance & Real Estate learning objective. Pre-built assignments are available to save you set up time. Guided Examples offer online student tutorials at the problem level. They present a similar problem using either formulas, calculator, or Excel, next to the homework problem to help students understand how to move forward. Connect Plus Finance. This packaging option combines all the great features of Connect Finance, along with access to an online version of M: Finance, linked to additional study features, so that students can easily refer back to the text for review and guidance. Student friendly design: M: Finance was written and designed with today’s student reader in mind. The layout and design provides the visual stimulation they’ve come to expect. The content was written to focus on the key concepts only. Pop-up quotes, marginal key terms/definitions, and callouts that feature interesting and important facts are used throughout the chapters to capture students’ attention. The examples provided have been selected for greater student appeal. The book’s framework reflects the way instructors today teach the course, emphasizing three themes: Finance is about Solving Problems and Decision-Making Finance can be taught using the Personal Perspective Finance is about connecting Core Concepts Solving Problems and Decision-Making: Interactive Examples: Online tutorials in short video format for each numbered Example in the book. There are five tutorials per Example: One that talks through how to solve the example in the book; One that talks through a similar example and stops at decision points and students choose the next step; Two that show how to solve the problem using two different financial calculators; One that shows how to solve the problem in Excel. Interactive Examples can be found on the text website at www. mhhe.com/canm and within Connect Finance. Additionally, students can use their web-enabled, camera smartphone to “click” on the QR codes they see throughout the book to bring them directly to the appropriate video! They’re also available within Connect to help students solve the problems. End of Chapter Problems: A large quantity of end-of-chapter problems are organized so that every odd-numbered problem is mirrored by a similar even-numbered problem. This gives instructors two different sets of similar problems to assign to different sections or work in class. “Math Coach” boxes: coach students in avoiding the most commonly-made mistakes in a particular problem. Called-out examples detail the solution to a key problem or concept in the chapter. Calculator Keystrokes are included in the margin next to these examples if applicable, showing a quick snapshot of how to solve the problem. This feature can easily be skipped if calculators are not used for this class. Self-Test Problems with Solutions are are available on the text Website so students can test themselves before diving into the homework. AnIntegrated Mini-Case is available for each chapter on the text Website, combining the concepts learned into a more integrative problem to help students understand how everything ties together. Formula Review Cards for key chapters are perforated to create convenient study tools for students or can be used as exam “cheat sheets,” if the instructor chooses Personal Perspective: The “Viewpoints” feature: at the beginning of each chapter illustrates a business perspective of the upcoming topics and is mirrored by a personal perspective. This immediately sets a context for the chapter and allows instructors to take class discussion in 70 either direction. The Viewpoints Revisited feature in the book’s appendix provides a possible answer to the scenario and connects the students back to the original goals of the chapter. Select called-out Examples throughout the book will have a personal perspective to continue the theme throughout the book. Some end-of-chapter problems will also have personal perspectives, so students will be able to solve problems in both business and personal contexts. Connecting Core Concepts: Learning Goals begin each chapter and are tied to end-of-chapter problems. This helps the student follow the building of concepts, and also helps instructors develop their class and assign readings and homework based on these goals. The Test Bank is also labeled with Learning Goals. Finance at Work boxes highlight current events and hot topics noted in the news, and include a Want to Know More? feature with suggested words to use for searching the Internet for updates. These are great for use during class for discussion or outside of class as homework assignments. Time Out! boxes are featured at the end of each section and test students’ understanding of key terms and core concepts. Answers to the Time Out! questions appear on the text Website. Tables and Figures illustrate the material visually to help students apply what they are learning and connecting concepts both within and across chapters. Questions are featured at the end of each chapter, and can be used for discussion in-class to review chapter concepts or as homework. The “Research It!” feature is found on the text website and is an assignable project that requires students to research the web for data and other information to answer the questions. Minicases can also be found on the book Website. Contents 1. Introduction to Financial Management 2. Reviewing Financial Statements 3. Analyzing Financial Statements 4. Time Value of Money 1: Analyzing Single Cash Flows 5. Time Value of Money 2: Analyzing Annuity Cash Flows 6. Valuing Bonds 7. Valuing Stocks 8. Understanding Financial Markets and Institutions 9. Characterizing Risk and Return 10. Estimating Risk and Return 11. Calculating the Cost of Capital 12. Estimating Cash Flows on Capital Budgeting Projects 13. Weighing Net Present value and Other Capital Budgeting Criteria 14. Addressing Working Capital Policies and Managing Short-Term Assets and Liabilities REVIEW COPY (Available for course adoption only) To request for a review copy, contact your local McGraw-Hill representatives or, fax the Review Copy Request Form found in this catalog or, e-mail your request to mghasia_sg@mcgraw-hill.com or, submit online at www.mheducation.asia Finance, Insurance & Real Estate UK Adaptation NEW International edition *9780077134525* fundamentals of corporate finance NEW 5th Edition *9780078034688* ANALYSIS FOR FINANCIAL MANAGEMENT By Collin Firer, University of Cape Town, Stephen A. Ross, Massachusetts Institute of Technology, Randolph W. Westerfield, University of Southern California and Bradford D. Jordan, University of Kentucky 2012 (June 2012) ISBN: 9780077134525 10th Edition By Robert Higgins, University of Washington McGraw-Hill UK Title This South African edition of Fundamentals of Corporate Finance provides a modern, unified treatment of South African corporate financial management. The managerial focus prepares students for the pragmatic decision making and judgement needed as a Financial Manager, including guidance on avoiding possible pitfalls. 2012 (December 2011) / 480 pages ISBN: 9780078034688 ISBN: 9780071086486 [IE] NEW TO THIS EDITION www.mhhe.com/higgins10e New chapter on Behavioural Finance introduces students to the cutting-edge study of the reasoning errors that can lead to poor decisions – and how to avoid them. Analysis for Financial Management, 10e presents standard techniques and modern developments in a practical and intuitive manner with an emphasis on the managerial applications of financial analysis. It is intended for non-financial managers and business students interested in the practice of financial management. Thoroughly updated to include the impact of the Companies Act and current IFRS terminology. Use of colour in the page design – engaging presentation. A mini case in every chapter, several of which are based on S&S Air, supporting an integrated understanding of corporate finance CONTENTS Part 1: Overview of Corporate Finance Chapter 1: Introduction to Corporate Finance Chapter 2: Financial Statements, Taxes and Cash Flow Part 2: Financial Statements and Long-Term Financial Planning Chapter 3: Working with Financial Statements Chapter 4: Long-Term Financial Planning and Growth Part 3: Valuation of Future Cash Flows Chapter 5: Introduction to Valuation: The Time Value of Money Chapter 6: Discounted Cash Flow Valuation Chapter 7: Interest Rates and Bond Valuation Chapter 8: Share Valuation Part 4: Capital Budgeting Chapter 9: Net Present Value and Other Investment Criteria Chapter 10: Making Capital Investment Decisions Chapter 11: Project Analysis and Evaluation Part 5: Risk and Return Chapter 12: Some Lessons from Capital Market History Chapter 13: Return, Risk and the Security Market Line Part 6: Cost of Capital and Long-Term Financial Policy Chapter 14: Cost of Capital Chapter 15: Raising Capital Chapter 16: Financial Leverage and Capital Structure Policy Chapter 17: Dividends and Dividend Policy Part 7: Short-Term Financial Planning and Management Chapter 18: Short-Term Finance and Planning Chapter 19: Current Asset Management Part 8: Topics in Corporate Finance Chapter 20: International Corporate Finance Chapter 21: Behavioural Finance Chapter 22: Risk Management: An Introduction to Financial Engineering Chapter 23: Options and Corporate Finance Chapter 24: Mergers and Acquisitions Chapter 25: Leasing Appendix A Mathematical Tables Appendix B Key Equations Appendix C Answers to End-of-Chapter Problems New to this edition Discussion of relevant aspects of the recent financial crisis, with emphasis on the possible roles played by the efficient market hypothesis, fair value accounting, and the financial rating agencies in precipitating the crisis. The examination of Kraft Foods Corporation’s $23 billion hostile takeover of British confectioner Cadbury Plc, including the role played by activist investor Nelson Peltz. Expanded coverage of real options analysis, including decision trees. An update of the empirical evidence on corporate restructuring and shareholder value creation. The use of Sensient Technologies Corporation (SXT), the world’s largest food and beverage color company, as an extended example throughout the book. Fresh examples throughout the text, including new company examples and updated data to keep the text at the forefront of currency. Contents Part I: Assessing the Financial Health of the Firm Chapter 1: Interpreting Financial Statements Chapter 2: Evaluating Financial PerformanceAppendix: International Differences in Financial Structure Part II: Planning Future Financial Performance Chapter 3: Financial Forecasting Chapter 4: Managing Growth Part III: Financing Operations Chapter 5: Financial Instruments and Markets Appendix: Using Financial Instruments to Manage Risks Chapter 6: The Financing Decision Appendix: The Irrelevance Proposition Part IV: Evaluating Investment Opportunities Chapter 7: Discounted Cash Flow Techniques Appendix: Mutually Exclusive Alternatives and Capital Rationing Chapter 8: Risk Analysis in Investment Decisions Appendix: Asset Beta and Adjusted Present Value Chapter 9: Business Valuation and Corporate Restructuring Appendix: The Venture Capital Method of Valuation Appendix A: Present Value of $1 Appendix B: Present Value of an Annuity of $1 Glossary Suggested Answers to Odd-Numbered End-of-Chapter Problems 71 Finance, Insurance & Real Estate Global edition FOUNDATIONS OF FINANCIAL MANAGEMENT WITH TIME VALUE OF MONEY CARD UK Adaptation NEW By Stanley B Block, Texas Christian University, Geoffrey A Hirt, DePaul University and Bartley Danielson, North Carolina State University 2011 (October 2010) / 736 pages ISBN: 9780077454432 ISBN: 9780071220644 [GE] - Pub April 2011 Contents Part 1. Introduction 1. The Goals and Functions of Financial Management Part 2. Financial Analysis and Planning 2. Review of Accounting 3. Financial Analysis 4. Financial Forecasting 5. Operating and Financial Leverage Part 3. Working Capital Management 6. Working Capital and the Financing Decision 7. Current Asset Management 8. Sources of Short-Term Financing Part 4. The Capital Budgeting Process 9. The Time Value of Money 10. Valuation and Rates of Return 11. Cost of Capital 12. The Capital Budgeting Decision 13. Risk and Capital Budgeting Part 5. Long-Term Financing 14. Capital Markets 15. Investment Banking: Public and Private Placement 16. Long-Term Debt and Lease Financing 17. Common and Preferred Stock Financing 18. Dividend Policy and Retained Earnings 19. Convertibles, Warrants and Derivatives Part 6. Expanding the Perspective of Corporate Finance 20. External Growth through Mergers 21. International Financial Management 72 *9780077129422* financial markets and corporate stragegy 14th Edition Foundations of Financial Management has built a loyal following due to its strong real-world emphasis, clear writing style, and step-bystep explanations that simplify difficult concepts. The text focuses on the “nuts and bolts” of finance with clear and thorough treatment of concepts and applications. In addition to completing the textbook revisions, Block, Hirt, and Danielsen also revise all end of chapter problems and complete the solutions themselves. The authors know what works and what doesn’t work for students, and they have consistently maintained a high quality textbook that is responsive to the demands of the marketplace. 2nd Edition By David Hillier, University of Strathclyde, Mark Grinblatt, University of California-Los Agneles and Sheridan Titman, University of Texas at Austin 2011 (November 2011) / 936 pages ISBN: 9780077129422 McGraw-Hill UK Title www.mcgraw-hill.co.uk/textbooks/hillier The second European edition of Financial Markets and Corporate Strategy provides comprehensive coverage of financial markets and corporate finance, brought to life by real world examples, cases and insights. Placed in a truly international context, this new and updated edition takes an academic and practical view-point to guide students through the challenges of studying and practicing finance. Aimed specifically at an international audience, this edition boasts hundreds of references to new and relevant non-US research papers from top finance journals. Whilst retaining the well respected structure of the successful US text, Professor David Hillier has also made a number of additions which include: Fully updated research, data and examples in every chapter. Coverage of the global financial crisis, the impact it made on the financial markets and the lessons being learnt by the finance industry. A stronger emphasis on corporate governance and agency theory. Updates on accounting standards, bankruptcy laws, tax rules and tax systems. Contents Part I. Financial Markets and Financial Instruments 1. Raising Capital 2. Debt Financing 3. Equity Financing Part II. Valuing Financial Assets 4. Portfolio Tools 5. Mean-Variance Analysis and the Capital Asset Pricing Model 6. Factor Models and the Arbitrage Pricing Theory 7. Pricing Derivatives 8. Options Part III. Valuing Real Assets 9. Discounting and Valuation 10. Investing in Risk-Free Projects 11. Investing in Risky Projects 12. Allocating Capital and Corporate Strategy 13. Corporate Taxes and the Impact of Financing On Real Asset Valuation Part IV. Capital Financial Structure 14. How Taxes Affect Financing Choices 15. How Taxes Affect Dividends and Share Repurchases 16. Bankruptcy Costs and Debt Holder-Equity Holder Conflicts 17. Capital Structure and Corporate Strategy Part V. Incentives, Information, and Corporate Control 18. How Managerial Incentives Affects Financial Decisions 19. The Information Conveyed by Financial Decisions 20. Mergers and Acquisitions Part VI. Risk Management 21. Risk Management and Corporate Strategy 22. The Practice of Hedging 23. Interest Rate Risk Management Finance, Insurance & Real Estate NEW *9780077125257* NEW Text, Problems and Cases, 6th Edition By David Hillier, University of Strathclyde and Iain Clacher, Leeds University McGraw-Hill UK Title www.mcgraw-hill.co.uk/textbooks/hillier Fundamentals of Corporate Finance, 1st European Edition, brings to life the modern-day core principles of corporate finance using a problem solving approach. The book is an adaptation of the highly successful Fundamentals of Corporate Finance text by Ross, Westerfield and Jordan and is aimed specifically at an international audience. Features More relevant coverage of regulatory frameworks, international corporations and organizations. A wealth of new examples and cases looking at corporate finance in action at well-known international companies such as BMW, Google, Lloyds TSB, McDonalds, Louis Vuitton, Ryanair, Nokia and many more. Numerous opportunities to test your knowledge with Concept Questions, Chapter Review and Self Test Problems, Concept Review and Critical Thinking Questions, and Questions and Problems. Contents Part One: Overview of Corporate Finance Chapter 1: Introduction to Corporate Finance Chapter 2: Corporate Governance Chapter 3: Financial Analysis and Planning Part Two: Valuation of Future Cash Flows Chapter 4: Introduction To Valuation: The Time Value Of Money Chapter 5: Discounted Cash Flow Valuation Chapter 6: Bond Valuation Chapter 7: Equity Valuation Part Three: Capital Budgeting Chapter 8: Net Present Value and Other Investment Criteria Chapter 9: Making Capital Investment Decisions Chapter 10: Project Analysis and Evaluation Part Four: Risk and Return Chapter 11: Some Lessons from Capital Market History Chapter 12: Return, Risk, and the Security Market Line Part Five: Cost of Capital and Long-Term Financial Policy Chapter 13: Cost of Capital Chapter 14: Raising Capital Chapter 15: Financial Leverage and Capital Structure Policy Chapter 16: Dividends and Dividend Policy Part Six: Topics in Corporate Finance Chapter 17: Short-Term Financial Planning and Management Chapter 18: International Corporate Finance Chapter 19: Behavioral Finance Chapter 20: Financial Risk Management Chapter 21: Options and Corporate Finance Chapter 22: Mergers & Acquisitions *9780071067850* FINANCIAL MANAGEMENT FUNDAMENTALS OF CORPORATE FINANCE 2011 (January 2011) / 752 pages ISBN: 9780077125257 By M Y Khan, University of Delhi and PK Jain, Indian Institute of Technology, Delhi 2011 (February 2011) / 404 pages ISBN: 9780071067850 McGraw-Hill India Title This new edition of Financial Management continues to emphasise on the theories, concepts, and techniques that aid in corporate decision making, Apart from updating the chapters with recent developments in the subject, it presents to the readers several new cases and examples, along with new-age tools like ‘excel’ for problem solving. Contents 1. Financial Management – An Overview 2. Time Value of Money 3. Risk and Return 4. Valuation of Bonds and Shares 5. Cash-flow Statement 6. Financial Statement Analysis 7. Volume-Cost-Profit Analysis 8. Budgeting and Profit Planning 9. Capital Budgeting I: Principles and Techniques 10. Capital Budgeting II: Additional Aspects 11. Concept and Measurement of Cost of Capital 12. Analysis of Risk and Uncertainty 13. Working Capital Management – An Overview 14. Management of Cash and Marketable Securities 15. Receivables Management 16. Inventory Management 17. Working Capital Management 18. Operating, Financial and Combined Leverage 19. Capital Structure, Cost of Capital and Valuation 20. Designing Capital Structure 21. Capital Markets 22. Equity / Ordinary Shares 23. Term Loans, Debentures/Bonds and Securitisation 24. Hybrid Financing / Instruments 25. Lease Financing and Hire-purchase Finance 26. Venture Capital Financing 27. Option Valuation 28. Derivatives: Managing Financial Risks 29. Corporate Governance 30. Dividend and Valuation 31. Determinants of Dividend Policy 32. Business Valuation 33. Corporate Restructuring 34. Foreign Exchange Markets and Dealings 35. Foreign Exchange Exposure and Risk Management 36. International Financial Management 73 Finance, Insurance & Real Estate Global edition essentials of corporate finance 7th Edition By Stephen A. Ross, Massachusetts Institute of Technology, Randolph W. Westerfield, University of Southern California and Bradford D Jordan, University of Kentucky--Lexington 2011 (February 2010) / 672 pages ISBN: 9780073382463 ISBN: 9780077400200 (with Connect Plus) ISBN: 9780071314367 [GE with Connect] www.mhhe.com/rwj Essentials of Corporate Finance, 7th edition by Ross, Westerfield, and Jordan is written to convey the most important concepts and principles of corporate finance at a level that is approachable for a wide audience. The authors retain their modern approach to finance, but have distilled the subject down to the essential topics in 18 chapters. They believe that understanding the “why” is just as important, if not more so, than understanding the “how,” especially in an introductory course. Three basic themes emerge as their central focus: 1. An emphasis on intuition—separate and explain the principles at work on a common sense, intuitive level before launching into specifics. Underlying ideas are discussed first in general terms, then followed by specific examples that illustrate in more concrete terms how a financial manager might proceed in a given situation. 2. A unified valuation approach—Net Present Value is treated as the basic concept underlying corporate finance. Every subject the authors cover is firmly rooted in valuation, and care is taken to explain how decisions have valuation effects. Asian Adaptation NEW *9780071088022* FUNDAMENTALS OF CORPORATE FINANCE An Asian Perspective By Stephen Ross, Randolph Westerfield, Bradford Jordan, Ruth Tan (National University of Singapore) and Joseph Lim (Singapore Management) 2011 (August 2011) ISBN: 9780071088022 An Asian Adaptation The best selling Fundamentals of Corporate Finance (FCF) is written with one strongly held principle—that corporate finance should be developed and taught in terms of a few integrated, powerful ideas. As such, there are three basic themes that are the central focus of the book: 1) An emphasis on intuition—underlying ideas are discussed in general terms and then by way of examples that illustrate in more concrete terms how a financial manager might proceed in a given situation. 2) A unified valuation approach—net present value (NVP) is treated as the basic concept underlying corporate finance. Every subject covered is firmly rooted in valuation, and care is taken to explain how particular decisions have valuation effects. 3) A managerial focus—the authors emphasize the role of the financial manager as decision maker, and they stress the need for managerial input and judgment. 3. A managerial focus—Students learn that financial management concerns management. The role of financial manager as decision maker is emphasized and they stress the need for managerial input and judgment. Fundamentals of Corporate Finance: An Asian Perspective is an adaptation of Fundamentals of Corporate Finance, 9th Edition, by Ross, Westerfield and Jordan. This Asian edition continues the tradition of excellence that has earned Fundamentals of Corporate Finance its status as market leader. It aims to meet the significant gap for a book with Asian examples and internationalized Asian content. Contents CONTENTS Part I. Overview of Financial Management Ch. 1 Introduction to Financial Management Part 2. Understanding Financial Statements and Cash Flow Ch. 2 Financial Statements, Taxes, and Cash Flow Ch. 3 Working with Financial Statements Part 3. Valuation of Future Cash Flows Ch. 4 Introduction to Valuation: The Time Value of Money Ch. 5 Discounted Cash Flow Valuation Part 4. Valuing Stocks and Bonds Ch. 6 Interest Rates and Bond Valuation Ch. 7 Equity Markets and Stock Valuation Part 5. Capital Budgeting Ch. 8 Net Present Value and Other Investment Criteria Ch. 9 Making Capital Investment Decisions Part 6. Risk and Return Ch. 10 Some Lessons from Capital Market History Ch. 11 Risk and Return Part 7. Long-Term Financing Ch. 12 Cost of Capital Ch. 13 Leverage and Capital Structure Ch. 14 Dividends and Dividend Policy Ch. 15 Raising Capital Part 8. Short-Term Financial Management Ch. 16 Short-Term Financial Planning Ch. 17 Working Capital Management Part 9. Topics in Business Finance Ch. 18 International Aspects of Financial Management Appendix A. Mathematical Tables Appendix B. Key Equations Appendix C. Answers to Selected End-of-Chapter Problems Appendix D. Using the HP-10B and TI BA II Plus Financial Calculators PART 1 Overview of Corporate Finance 1 Introduction to Corporate Finance 2 Financial Statements, Taxes, and Cash Flow PART 2 Financial Statements and Long-Term Financial Planning 3 Working with Financial Statements 4 Long-Term Financial Planning and Growth PART 3 Valuation of Future Cash Flows 5 Introduction to Valuation: The Time Value of Money 6 Discounted Cash Flow Valuation 7 Interest Rates and Bond Valuation 8 Stock Valuation PART 4 Capital Budgeting 9 Net Present Value and Other Investment Criteria 10 Making Capital Investment Decisions 11 Project Analysis and Evaluation PART 5 Risk and Return 12 Some Lessons from Capital Market History 13 Return, Risk, and the Security Market Line PART 6 Cost of Capital and Long-Term Financial Policy 14 Cost of Capital 15 Raising Capital 16 Financial Leverage and Capital Structure Policy 17 Dividends and Payout Policy PART 7 Short-Term Financial Planning and Management 18 Short-Term Finance and Planning 19 Cash and Liquidity Management 20 Credit and Inventory Management PART 8 Topics in Corporate Finance 21 International Corporate Finance 22 Behavioral Finance: Implications for Financial Management 23 Risk Management: An Introduction to Financial Engineering 24 Options and Corporate Finance 25 Option Valuation 74 Finance, Insurance & Real Estate 26 Mergers and Acquisitions 27 Leasing FINANCIAL MANAGEMENT FOR BEGINNERS 3rd Edition FUNDAMENTALS OF FINANCIAL MANAGEMENT 5th Edition By Pasanna Chandra 2010 (April 2010) / 592 pages ISBN: 9780070700796 McGraw-Hill India Title www.mhhe.com/chandraffm5e This book discusses the fundamental principles and techniques of financial management. Designed for the first course in financial management, it is aimed at students of B.Com, BBM, M.Com, ICSI, ICWAI, ICAI and MBA programmes.The chapter on ‘Basics of Capital Budgeting’ has been expanded and structured into two chapters, viz., ‘Techniques of Capital Budgeting’ and ‘Project Cash Flows’.Eleven new sections have been added on the following topics: ‘Fundamental Principle of Finance,’ ‘Regulatory Framework,’ ‘Profits versus Cash Flow,’ ‘Standardised Financial Statement,’ ‘Additional Funding Needs,’ ‘Sustainable Growth Rate,’ Checklist for Capital Structure Decision,’ ‘Debt Market,’ ‘Money Market,’ ‘Portfolio Restructuring,’ and ‘Multinational Corporations,’ Contents Part I: Overview and Financial Environment 1. Financial Management: An Overview 2. The Financial System Part II: Financial Analysis and Planning 3. Financial Statements, Taxes, and Cash Flow 4. Financial Statement Analysis 5. Funds Flow Analysis 6. Break-Even Analysis and Leverages 7. Financial Planning and Forecasting Part III: Fundamental Valuation Concepts 8. Time Value of Money 9. Valuation of Securities 10. Risk and Return Part IV: Capital Budgeting 11. Techniques of Capital Budgeting 12. Project Cash Flows 13. Risk Analysis in Capital Budgeting 14. The Cost Of Capital Part V: Capital Structre and Dividend Policies 15. Capital Structure and Cost of Capital 16. Planning the Capital Structure 17. Dividend Policy and Share Valuation 18. Dividend Policy: Practical Aspects Part VI: Long-Term Financing 19. Sources of Long-Term Finance 20. Raising Long-Term Finance 21. Securities Market Part VII: Working Capital Management 22. Working Capital Policy 23. Cash Management 24. Credit Management 25. Inventory Management 26. Working Capital Financing Part VIII: Special Topics 27. Leasing, Hire Purchase and Project Finance 28. Mergers, Acquisitions, and Restructuring 29. International Financial Management By Rodziah Abd Samad, Rohani Abdul Wahab and Shelia Christabel 2010 (June 2010) / 460 pages ISBN: 9789675771002 An Asian Publication Financial Management for Beginners has been written for students of Business and Accountancy. The book is written for both newcomers to finance as well as students with a prior knowledge of the subject. Some prior knowledge of economics, statistics and accounting will be helpful. Student learning is aided by learning objectives at the beginning of each chapter, concept questions in each chapter, true or false, multiple choice, self-test questions and problems at the end of each chapter. It is specifically structured for use in the classroom and as a selfstudy text. Key answers for a number of questions are included. The book is composed of narrative explanations with worked examples and diagrams, as well as relevant formulae which are easy to follow. This book consists of 12 chapters, beginning with an introduction to financial management, followed by evaluation of financial performance, Financial Training and Forecasting, working capital management, management of current liability, – management of current assets, time value of money, risk and return, capital budgeting, cost of capital, analysis and impact of leverage, and ending with dividend policy. The aim of this text is to provide a foundation in financial management for students, to help them in their future career. The text is relevant to students pursuing diploma and undergraduate courses in Business and Accountancy and also professional courses such as those offered by Malaysian Institute of Certified Public Accountants, Chartered Association of Certified Accountants, Chartered Institute of Management Accountants and Institute of Chartered Secretaries and Administrators. CONTENTS 1. Introduction to Financial Management 2. Evaluation of Financial Performance 3. Financial Planning and Forecasting 4. Management of Working Capital 5. Management of Current Assets 6. Management of Current Liabilities 7. Time Value of Money 8. Risk and Return 9. Capital Budgeting 10. Cost of Capital 11. Analysis and Impact of Leverage 12. The Dividend Decision Appendix Suggested Solutions Glossary Bibliography and Further Reading Index Invitation to Publish McGraw-Hill is interested to review your textbook proposals for publication. Please contact your local McGraw-Hill office or email to asiapub@mcgraw-hill.com. Visit McGraw-Hill Education (Asia) Website: http://www.mheducation.asia/publish/ 75 Finance, Insurance & Real Estate Aust Adaptation ESSENTIALS OF CORPORATE FINANCE 2nd Edition By Stephen A Ross, Mass Institute of Tech, Rowan Trayler and Ron G Bird of University of Technology Sydney, Randolph W Westerfield, University of Souhtern California and Bradford D Jordan, University of KentuckyLexington 2010 (November 2010) ISBN: 9780070284975 ISBN: 9780071012270 (with Connect Plus) McGraw-Hill Australia Title www.mhhe.com/au/ross_ess2e This is the second Australian and New Zealand edition of Essentials of Corporate Finance(Ross, Westerfield and Jordan, US) adapted by local authors Rowan Trayler (UTS) and Ron Bird (UTS). Trayler and Bird have created a successful and engaging text for students in single semester courses, balancing theory with real-world regional stories and examples and concisely covering essential financial principles and concepts. Essentials of Corporate Finance is part of a suite of Ross products and has an emphasis on applications and relevancy to business within a 18 chapter structure. The text aims to make core introductory finance topics accessible and relevant through the use of real-life, regional examples. Perhaps the most exciting development for the new edition is that Essentials of Corporate Finance now comes with Connect Plus. This is a new, unique and powerful tool for lecturers and students which includes an integrated ebook, assignment and quiz builder, pre-built assignments and algorithmic testbank questions Contents Part 1. Overview of Financial Management Chapter 1: Introduction to Financial Management Part 2. Understanding Financial Statements and Cash Flow Chapter 2: Financial Statements, Taxes and Cash Flow Chapter 3: Working with Financial Statements Part 3. Valuation of Future Cash Flows Chapter 4: Introduction to Valuation: The Time Value of Money Chapter 5: Discounted Cash Flow Valuation Part 4. Valuing Stocks and Bonds Chapter 6: Interest Rates, Bill and Bond Valuation Chapter 7: Equity Markets and Share Valuation Part 5. Capital Budgeting Chapter 8: Net Present Value and Other Investment Criteria Chapter 9: Making Capital Investment Decisions Part 6. Risk and Return Chaper 10: Some Chapters From Capital Market History Chapter 11: Risk and Return Part 7. Long Term Financing Chapter 12: Cost of Capital Chapter 13: Leverage and Capital Structure Chapter 14: Dividends and Dividend Policy Chapter 15: Raising Capital Part 8. Short-Term Financial Management Chapter 16: Short-Term Financial Planning Chapter 17: Working Capital Management Appendix A: Mathematical Tables Appendix B: Key Equations Glossary Index 76 Aust Adaptation FUNDAMENTALS OF CORPORATE FINANCE 5th Edition By Stephen A Ross, Mass Institute of Tech, Mark Christensen, Queensland University of Technology, Michael Drew, QIC Consulting Firm/Griffith University, Spencer Thompson, Queensland University of Technology, Randolph W Westerfield, University of Southern California and Bradford D Jordan, University of Kentucky-Lexington 2010 (December 2010) ISBN: 9780070284951 ISBN: 9780071012287 (with Connect Plus) McGraw-Hill Australia Title www.mhhe.com/au/ross5e Joining Australian author Mark Christensen in writing this edition is Mike Drew, Griffith University, who has brought his extensive teaching and industry experience to the text and has helped to create a considerably updated and revised text that continues to capitalise on the rich pedagogy and thorough treatment of the topic by the US Ross team. In addition to illustrating pertinent concepts and presenting up-to-date coverage, Fundamentals of Corporate Finance 5e strives to present the material in a way that makes it accessible and relevant and easy to understand. To meet the varied needs of its intended audience, Fundamentals of Corporate Finance 5e is rich in valuable learning tools. The text is relaxed and approachable in tone and the authors continue to convey their considerable enthusiasm for the subject. CONTENTS Part 1 Overview of corporate finance Ch. 1 Introduction to corporate finance Ch. 2 Financial statements, taxes and cash flow Part 2 Financial statements and long-term financial planning Ch. 3 Working with financial statements Ch. 4 Long-term financial planning and corporate growth Part 3 Valuation of future cash flows Ch. 5 First principles of valuation: the time value of money Ch. 6 Valuing shares and bonds Part 4 Capital budgeting Ch. 7 Net present value and other investment criteria Ch. 8 Making capital investment decisions Ch. 9 Project analysis and evaluation Part 5 Risk and return Ch. 10 Lessons from capital market history Ch. 11 Return, risk and the security market line Part 6 Current investment decisions Ch. 12 Current investment decisions Ch. 13 Working capital management Ch. 14 Australian financial markets and liquidity management Part 7 Long-term financing Ch. 15 Capital markets and long-term financing Ch. 16 Capital raising and the primary market Part 8 Cost of capital and long-term financial policy Ch. 17 Shareholder value and the cost of capital Ch. 18 Rewarding shareholders: setting dividend policy Ch. 19 Financial leverage and capital structure policy Part 9 Special topics in corporate finance Ch. 20 Derivative securities Ch. 21 Mergers and takeovers Ch. 22 International corporate finance Ch. 23 Leasing 804 Appendix 1 Mathematical tables Glossary 839 Index 853 Finance, Insurance & Real Estate International edition FUNDAMENTALS OF CORPORATE FINANCE 9th Edition By Stephen A Ross, Mass institute of Tech, Randolph W Westerfield, University of Southern California and Bradford D Jordan, University of Kentucky-Lexington 2010 (February 2009) / 800 pages ISBN: 9780073382395 (Standard Edition) ISBN: 9780077246129 [Alternate Edition] ISBN: 9780071088558 [IE] www.mhhe.com/rwj The best-selling Fundamentals of Corporate Finance (FCF) is written with one strongly held principle– that corporate finance should be developed and taught in terms of a few integrated, powerful ideas. As such, there are three basic themes that are the central focus of the book: 1) An emphasis on intuition—underlying ideas are discussed in general terms and then by way of examples that illustrate in more concrete terms how a financial manager might proceed in a given situation. 2) A unified valuation approach—net present value (NPV) is treated as the basic concept underlying corporate finance. Every subject covered is firmly rooted in valuation, and care is taken to explain how particular decisions have valuation effects. 3) A managerial focus—the authors emphasize the role of the financial manager as decision maker, and they stress the need for managerial input and judgment. The Ninth Edition continues the tradition of excellence that has earned Fundamentals of Corporate Finance its status as market leader. Every chapter has been updated to provide the most current examples that reflect corporate finance in today’s world. The supplements package has been updated and improved, and with the new Excel Master online tool, student and instructor support has never been stronger. Contents Part One: Overview of Corporate Finance Chapter 1: Introduction to Corporate Finance Chapter 2: Financial Statements, Taxes, and Cash Flow Part Two: Financial Statements and Long-Term Financial Planning Chapter 3: Working with Financial Statements Chapter 4: Long-Term Financial Planning and Growth Part Three: Valuation of Future Cash Flows Chapter 5: Introduction to Valuation: The Time Value of Money Chapter 6: Discounted Cash Flow Valuation Chapter 7: Interest Rates and Bond Valuation Chapter 8: Stock Valuation Part Four: Capital Budgeting Chapter 9: Net Present Value and Other Investment Criteria Chapter 10: Making Capital Investment Decisions Chapter 11: Project Analysis and Evaluation Part Five: Risk and Return Chapter 12: Some Lessons from Capital Market History Chapter 13: Return, Risk, and the Security Market Line Part Six: Cost of Capital and Long-Term Financial Policy Chapter 14: Cost of Capital Chapter 15: Raising Capital Chapter 16: Financial Leverage and Capital Structure Policy Chapter 17: Dividends and Payout Policy Part Seven: Short-Term Financial Planning and Management Chapter 18: Short-Term Finance and Planning Chapter 19: Cash and Liquidity Management Chapter 20: Credit and Inventory Management Part Eight: Topics in Corporate Finance Chapter 21: International Corporate Finance International edition THEORY OF INTEREST 3rd Edition By Stephen Kellison 2009 (February 2008) / 480 pages ISBN: 9780073382449 ISBN: 9780071276276 [IE] www.mhhe.com/kellison3e The third edition of The Theory of Interest is significantly revised and expanded from previous editions. The text covers the basic mathematical theory of interest as traditionally developed. The book is a thorough treatment of the mathematical theory and practical applications of compound interest, or mathematics of finance. The pedagogical approach of the second edition has been retained in the third edition. The textbook narrative emphasizes both the importance of conceptual understanding and the ability to apply the techniques to practical problems. The third edition has considerable updates that make this book relevant to students in this course area. Contents Chapter 1: The Measurement of Interest Chapter 2: Solution of Problems in Interest Chapter 3: Basic Annuities Chapter 4: More General Annuities Chapter 5: Amortization Schedules and Sinking Funds Chapter 6: Bond and Other Securities Chapter 7: Yield Rates Chapter 8: Practical applications Chapter 9: More advanced financial analysis Chapter 10: The term structure of interest rates Chapter 11: Duration, convexity and immunization Chapter 12: Stochastic approaches to interest Chapter 13: Options and other derivatives APPENDIXES Appendix A: Table numbering the days of the year Appendix B: Illustrative mortgage loan amortization schedule Appendix C: Basic mathematical review Appendix D: Statistical background Appendix E: Iteration methods Answers to the exercises Glossary of notation Index Managerial & Corporate Finance - Supplements CASEBOOK TO ACCOMPANY FOUNDATIONS OF FINANCIAL MANAGEMENT 14th Edition By Stanley Block, Texas Christian University 2011 (September 2010) ISBN: 9780077316174 These 31 cases, written by Block/Hirt/Danielsen, are ideal for indepth analysis and facilitate an integrated understanding of the topics presented in the book. 77 Finance, Insurance & Real Estate International edition CASE STUDIES IN FINANCE 6th Edition By Robert Bruner, University of VA-Charlottesville 2010 (January 2009) / 816 pages ISBN: 9780073382456 ISBN: 9780071267526 [IE] www.mhhe.com/bruner6e Case Studies in Finance links managerial decisions to capital markets and the expectations of investors. At the core of almost all of the cases is a valuation task that requires students to look to financial markets for guidance in resolving the case problem. The focus on value helps managers understand the impact of the firm on the world around it. These cases also invite students to apply modern information technology to the analysis of managerial decisions. Case 37 Baker Adhesives Case 38 Carrefour S.A. Case 39 Primus Automation Division, 2002 Case 40 MoGen, Inc. Part 8: Valuing the Enterprise: Acquisitions and Buyouts Case 41 Methods of Valuation: Mergers and Acquisitions Case 42 Arcadian Microarray Technologies, Inc. Case 43 Yeats Valves and Controls Case 44 Hershey Foods Corporation Case 45 General Mills’ Acquisition of Pillsbury from Diageo PLC Case 46 The Timken Company Case 47 Matlin Patterson Case 48 Hostile Takeovers: A Primer for the Decision Maker Case 49 General Electric’s Proposed Acquisition of Honeywell International edition CONTENTS Part 1: Setting Some Themes Case 1 Warren E. Buffett, 2005 Case 2 Bill Miller and Value Trust Case 3 Ben & Jerry’s Homemade Case 4 The Battle for Value, 2004: FedEx Corp. vs. United Parcel Service, Inc. Part 2: Financial Analysis and Forecasting Case 5 The Thoughtful Forecaster Case 6 The Financial Detective, 2005 Case 7 Krispy Kreme Doughnuts, Inc. Case 8 The Body Shop International PLC 2001: An Introduction to Financial Modeling Case 9 Horniman Horticulture Case 10 Kota Fibres, Ltd. Case 11 Deutsche Brauerei Case 12 Value Line Publishing: October 2002 Part 3: Estimating the Cost of Capital Case 13 “Best Practices” in Estimating the Cost of Capital: Survey and Synthesis” Case 14 Nike, Inc.: Cost of Capital Case 15 Teletech Corporation, 2005 Case 16 The Boeing 7E7 Part 4: Capital Budgeting and Resource Allocation Case 17 The Investment Detective Case 18 Worldwide Paper Company Case 19 Target Corporation Case 20 Aurora Textile Company Case 21 Compass Records Case 22 Victoria Chemicals plc (A): The Merseyside Project Case 23 Victoria Chemicals plc (B): Merseyside and Rotterdam Projects Case 24 Euroland Foods S.A. Case 25 Star River Electronics Ltd. Part 5: Management of the Firm’s Equity: Dividends, Repurchases, Initial Offerings Case 26 Gainesboro Machine Tools Corporation Case 27 EMI Case 28 JetBlue Airways IPO Valuation Case 29 TRX, Inc.: Initial Public Offering Case 30 Purinex, Inc. Part 6: Management of the Corporate Capital Structure Case 31 An Introduction to Debt Policy and Value Case 32 Structuring Coprorate Financial Policy: Diagnosis of Problems and Evaluation of Strategies Case 33 California Pizza Kitchen Case 34 The Wm. Wrigley Jr. Company: Capital Structure, Valuation, and Cost of Capital Case 35 Deluxe Corporation Case 36 Deutsche Bank Securities: Financing the Acquisition of Consolidated Supply S.A. Part 7: Analysis of Financing Tactics: Leases, Options, and Foreign Currency 78 FINGAME 5.0 PARTICIPANT’S MANUAL WITH REGISTRATION CODE 5th Edition By Leroy D Brooks, John Carroll University 2008 (June 2007) / 170 pages ISBN: 9780077219888 ISBN: 9780071275675 [IE] Brooks’ FinGame Online 5.0 is a comprehensive multiple period finance case/simulation. In the game, students control a hypothetical company over numerous periods of operation. Students have control of major financial and operating decisions of their company. Students develop and enhance skills in financial management, financial accounting statement analysis, and general decision making. Internet access by the instructor and student is required. Students use the FinGame Participant’s Manual for instructions to operate their company on the McGraw-Hill/Irwin website. The Participant’s Manual includes a password in order to access the website. The Instructor’s Manual is very important and imperative to teaching from FinGame Online 5.0. FinGame Online can be found at www.mhhe.com/fingame5. CONTENTS Student Manual Chapter 1Introduction Chapter 2Initiation and Use on the Web Chapter 3Establishing a Management Plan Chapter 4The Company Environment and Rules Chapter 5The Game and The Real World AppendixFinancial Statement Construction Instructor’s Manual Welcome Chapter 1Web Access and Operating Instructions Chapter 2Use of the Game in a Course Chapter 3The Company Environment and Rules Appendix:FinGame Report Requirements Finance, Insurance & Real Estate International edition FINANCE AND INVESTMENTS USING THE WALL STREET JOURNAL By Peter Crabb, Northwest Nazarene University 2003 / 408 pages ISBN: 9780071218856 [IE] CONTENTS PART I: INTRODUCTION. 1. Finance and Investments Using the Wall Street Journal. PART II: MARKET ANALYSIS. 2. Economic Analysis. 3. Industry Analysis. 4. International Economics and Markets. PART III: SECURITIES MARKETS AND ANALYSIS. 5. Time Value of Money. 6. Bond Valuations. 7. Stock Valuations. 8. Foreign Exchange. PART IV: INVESTMENT ANALYSIS. 9. Financial Statement Analysis. 10. Technical Analysis. PART V: DERIVATIVE SECURITIES. 11. Options. 12. Futures. 13. Index Futures and Options. PART VI- PORTFOLIO MANAGEMENT. 14. Risk Measurement. 15. Asset Allocation. 16. Benchmarking. PART VII—CORPORATE FINANCING. 17. Cost of Capital. 18. Public Offering of Securities. 19. Dividend Policy. 20. Mergers and Acquisitions. SCHAUM’S QUICK GUIDE TO BUSINESS FINANCE 201 Decision-Making Tools for Business, Finance, and Accounting Students By Jae K. Shim, Ph.D., California State University, Stephen W. Hartman, New York Institute of Technology and Joel Siegel, Ph.D., Queens College, CUNY 1998 / 354 pages ISBN: 9780070580312 A Schaum Publication For quick and authoritative answers to questions on business and financial formulas and tools, this unique book is unequaled! It not only clearly explains all major business and financial formulas, it shows you how to apply them, step by step. Perfect for college and graduate students in business, finance, marketing, operations, management, and accounting, this comprehensive, portable guide gives you quick access to all major financial and business formulas with explanations you can grasp and use in seconds. You get explanations, examples, and demonstrations of formulas for vertical analysis; net-cost method; sales mix analysis; regression statistics; profit margin; sampling formulas; discount cash flow analysis; weighted averages; cost of capital; earnings per share; inventory turnover; and nearly 200 more. This is the handiest tool available for mastering business formulas! Managerial & Corporate Finance - Graduate Global edition PRINCIPLES OF CORPORATE FINANCE SCHAUM’S OUTLINE OF FINANCIAL MANAGEMENT 3rd Edition By Jae Shim, California State University and Joel Siegel, Queens College 2010 (August 2009) / 504 pages ISBN: 9780071635318 A Schaum Publication Schaum’s Outline of Financial Management provides a succinct review of all financial management concepts in topics such as financial forecasting, planning and budgeting, the management of working capital, short-term financing, time value of money, risk, return, and valuation, capital budgeting, and more. Contents 1. Introduction 2. Analysis of Financial Statements and Cash Flow 3. Financial Forecasting, Planning, and Budgeting 4. The Management of Working Capital 5. Short-Term Financing 6. Time Value of Money 7. Risk, Return, and Valuation 8. Capital Budgeting (Including Leasing) 9. Capital Budgeting Under Risk 10. Cost of Capital 11. Leverage and Capital Structure 12. Dividend Policy 13. Term Loans and Leasing 14. Long-Term Debt 15. Preferred and Common Stock 10th Edition By Richard A Brealey, London Business School, Stewart C Myers, Mass Institute of Tech and Franklin Allen, University of Pennsylvania 2011 (February 2010) / 1088 pages ISBN: 9780073530734 (NAI) ISBN: 9780077356385 (+ S&P Market Insight) ISBN: 9780071314176 [GE] - Pub Nov 2010 www.mhhe.com/bma Principles of Corporate Finance is the worldwide leading text that describes the theory and practice of corporate finance. Throughout the book, the authors show how managers use financial theory to solve practical problems and as a way to respond to change by showing not just how, but why companies and management act as they do. This text is a valued reference for thousands of practicing financial managers. The Tenth Edition has been rewritten, refreshed, and fully updated to reflect the recent financial crisis and is now accompanied by Connect Finance, an exciting new homework management system. Contents Part One: Value 1- Goals and Governance of the Firm 2- How to Calculate Present Values 3- Valuing Bonds 4- The Value of Commons Stocks 5- Net Present Value and Other Investment Criteria 6- Making Investment Decisions with the Net Present Value Rule Part Two: Risk 7- Introduction to Risk and Return 8- Portfolio Theory and the Capital Asset Pricing Model 9- Risk and the Cost of Capital Part Three: Best Practice in Capital Budgeting 79 Finance, Insurance & Real Estate 10- Project Analysis 11- Investment, Strategy, and Economic Rents 12- Agency Problems, Compensation, and the Performance Measurement Part Four: Financing Decisions and Market Efficiency 13- Efficient Markets and Behavioral Finance 14- An Overview of Corporate Financing 15- How Corporations Issue Securities Part Five: Payout Policy and Capital Structure 16- Payout Policy 17- Does Debt Policy Matter? 18- How Much Should a Corporation Borrow? 19- Financing and Valuation Part Six: Options 20- Understanding Options 21- Valuing Options 22- Real Options Part Seven: Debt Financing 23- Credit Risk and the Value of Corporate Debt 24- The Many Different Kinds of Debt 25- Leasing Part Eight: Risk Management 26- Managing Risk 27- Managing International Risks Part Nine: Financial Planning and Working Capital Management 28- Financial Analysis 29- Financial Planning 30- Working Capital Management Part Ten: Mergers, Corporate Control, and Governance 31- Mergers 32- Corporate Restructuring 33- Governance and Corporate Control Around the World Part Eleven: Conclusion 34- Conclusion: What We Do and Do Not Know About Finance 10: Project Analysis Part Four: Financing Decisions and Market Efficiency 11: Efficient Markets and Behavioral Finance Part Five: Payout Policy and Capital Structure 12: Payout Policy 13: Does Debt Policy Matter? 14: How Much Should a Corporation Borrow? 15: Financing and Valuation Part Six: Options 16: Understanding Options 17: Valuing Options Part Seven: Financial Planning and Working Capital Management 18: Financial Analysis 19: Financial Planning Appendix Glossary Index NEW *9780071067850* FINANCIAL MANAGEMENT Text and Problems, 6th Edition By M Y Khan, Formerly Professor of FInance, Dept of Financial Studies and P K Jain, Indian Institute of Technology, Delhi 2011 (February 2011) / 1404 pages ISBN: 9780071067850 McGraw-Hill India Title International edition PRINCIPLES OF CORPORATE FINANCE Concise, 2nd Edition By Richard A Brealey, London Business School, Stewart C Myers, Mass Institute of Tech and Franklin Allen, University of Pennsylvania 2011 (April 2010) / 672 pages ISBN: 9780073530741 ISBN: 9780071289160 [IE] www.mhhe.com/bma2e Throughout Principles of Corporate Finance, Concise the authors show how managers use financial theory to solve practical problems and as a way of learning how to respond to change by showing not just how but why companies and management act as they do. The first ten chapters mirror the Principles text, covering the time value of money, the valuation of bonds and stocks, and practical capital budgeting decisions. The remaining chapters discuss market efficiency, payout policy, and capital structure, option valuation, and financial planning and analysis. The text is modular, so that Parts can be introduced in an alternative order. Contents Part One: Value 1: Goals and Governance of the Firm 2: How to Calculate Present Values 3: Valuing Bonds 4: The Value of Common Stocks 5: Net Present Value and Other Investment Criteria 6: Making Investment Decisions with the Net Present Value Rule Part Two: Risk 7: Introduction to Risk and Return 8: Portfolio Theory and the Capital Asset Pricing Model 9: Risk and the Cost of Capital Part Three: Best Practices in Capital Budgeting 80 This new edition of Financial Management continues to emphasise on the theories, concepts, and techniques that aid in corporate decision making, Apart from updating the chapters with recent developments in the subject, it presents to the readers several new cases and examples, along with new-age tools like ‘excel’ for problem solving. New to this edition Analytical Approach and Decisional Focus Managerial decision-making perspective Procedural Orientation, Practice Discussion and Cases Financial Tables and Bibliography Contents 1. Financial Management – An Overview 2. Time Value of Money 3. Risk and Return 4. Valuation of Bonds and Shares 5. Cash-flow Statement 6. Financial Statement Analysis 7. Volume-Cost-Profit Analysis 8. Budgeting and Profit Planning 9. Capital Budgeting I: Principles and Techniques 10. Capital Budgeting II: Additional Aspects 11. Concept and Measurement of Cost of Capital 12. Analysis of Risk and Uncertainty 13. Working Capital Management – An Overview 14. Management of Cash and Marketable Securities 15. Receivables Management 16. Inventory Management 17. Working Capital Management 18. Operating, Financial and Combined Leverage 19. Capital Structure, Cost of Capital and Valuation 20. Designing Capital Structure Finance, Insurance & Real Estate 21. Capital Markets 22. Equity / Ordinary Shares 23. Term Loans, Debentures/Bonds and Securitisation 24. Hybrid Financing / Instruments 25. Lease Financing and Hire-purchase Finance 26. Venture Capital Financing 27. Option Valuation 28. Derivatives: Managing Financial Risks 29. Corporate Governance 30. Dividend and Valuation 31. Determinants of Dividend Policy 32. Business Valuation 33. Corporate Restructuring 34. Foreign Exchange Markets and Dealings 35. Foreign Exchange Exposure and Risk Management 36. International Financial Management Global edition CORPORATE FINANCE Core Principles and Applications, 3rd Edition By Stephen A Ross, Mass Institute of Tech, Randolph W Westerfield, University of Southern California, Jeffrey Jaffe, University of Pennsylvania and Bradford D Jordan, University of Kentucky-Lexington 2011 (October 2010) / 736 pages ISBN: 9780073530680 ISBN: 9780071221160 [GE] - Pub April 2011 ISBN: 9780077905200 (plus Connect) ISBN: 9780077971304 (plus Connect Access Card) www.mhhe.com/rwjj Corporate Finance: Core Principles and Applications, 3rd edition, by Ross, Westerfield, Jaffe and Jordan was written to convey the most important corporate finance concepts and applications at a level that is approachable to the widest possible audience. The concise format, managerial context and design, and student-friendly writing style are key attributes to this text. RWJJ Core Principles strikes a balance by introducing and covering the essentials, while leaving more specialized topics to follow-up courses. This text distills the subject of corporate finance down to its core, while also maintaining a decidedly modern approach. The well-respected author team is known for the clear, accessible presentation of material that makes this text an excellent teaching tool. Contents Part I Overview 1 Introduction to Corporate Finance 2 Financial Statements and Cash Flow 3 Financial Statements Analysis and Long-Term Planning Part II Valuation and Capital Budgeting 4 Discounted Cash Flow Valuation 5 Interest Rates and Bond Valuation 6 Stock Valuation 7 Net Present Value and Other Investment Rules 8 Making Capital Investment Decisions 9 Risk Analysis, Real Options, and Capital Budgeting Part III Risk and Return 10 Risk and Return Lessons from Market History 11 Return and Risk: The Capital Asset Pricing Model (CAPM) 12 Risk, Cost of Capital, and Capital Budgeting Part IV Capital Structure and Dividend Policy 13 Corporate Financing Decisions and Efficient Capital Markets 14 Capital Structure: Basic Concepts 15 Capital Structure: Limits to the Use of Debt 16 Dividends and Other Payouts Part V Special Topics 17 Options and Corporate Finance 18 Short-Term Finance and Planning 19 Mergers and Acquisitions 20 International Corporate Finance International edition CORPORATE FINANCE WITH S&P CARD 9th Edition By Stephen A Ross, Mass Institute of Tech, Randolp W Westerfield and Jeffrey Jaffe, University of Pennsylvania 2010 (October 2009) ISBN: 9780077337629 ISBN: 9780071313070 [IE without S&P] www.mhhe.com/rwj Corporate Finance, by Ross, Westerfield, and Jaffe emphasizes the modern fundamentals of the theory of finance, while providing contemporary examples to make the theory come to life. The authors aim to present corporate finance as the working of a small number of integrated and powerful intuitions, rather than a collection of unrelated topics. They develop the central concepts of modern finance: arbitrage, net present value, efficient markets, agency theory, options, and the trade-off between risk and return, and use them to explain corporate finance with a balance of theory and application. The well-respected author team is known for their clear, accessible presentation of material that makes this text an excellent teaching tool. The ninth edition has been fully updated to reflect the recent financial crisis and is now accompanied by Connect, an exciting new homework management system. Contents Part I--Overview Chapter 1: Introduction to Corporate Finance Chapter 2: Financial Statements and Cash Flow Chapter 3: Financial Statements Analysis and Long-Term Planning Part II--Valuation and Capital Budgeting Chapter 4: Discounted Cash Flow Valuation Chapter 5: Net Present Value and Other Investment Rules Chapter 6: Making Capital Investment Decisions Chapter 7: Risk Analysis, Real Options, and Capital Budgeting Chapter 8: Interest Rates and Bond Valuation Chapter 9: How to Value Stocks Part III--Risk Chapter 10: Risk and Return: Lessons from Market History Chapter 11: Return and Risk: The Capital Asset Pricing Model Chapter 12: An Alternative View of Risk and Return: The Arbitrage Pricing Theory Chapter 13: Risk, Cost of Capital, and Capital Budgeting Part IV: Capital Structure and Dividend Policy Chapter 14: Efficient Capital Markets and Behavioral Challenges Chapter 15 : Long-Term Financing: An Introduction Chapter 16: Capital Structure: Basic Concepts Chapter 17: Capital Structure: Limits to the Use of Debt Chapter 18: Valuation and Capital Budgeting for the Levered Firm Chapter 19: Dividends and Other Payouts Part V: Long-Term Financing Chapter 20: Issuing Securities to the Public Chapter 21: Leasing Part VI: Options, Futures, and Corporate Finance Chapter 22: Options and Corporate Finance Chapter 23: Options and Corporate Finance: Extensions and Applications Chapter 24: Warrants and Convertibles Chapter 25: Derivatives and Hedging Risk Part VII: Short-Term Finance Chapter 26: Short-Term Finance and Planning Chapter 27: Cash Management Chapter 28: Credit and Inventory Management Part VIII: Special Topics Chapter 29: Mergers and Acquisitions Chapter 30: Financial Distress Chapter 31: International Corporate Finance 81 Finance, Insurance & Real Estate International edition Appendix A. Interest Rate Mathematics Appendix B. Mathematical Tables BEHAVIORAL CORPORATE FINANCE By Hersh Shefrin 2007 (November 2005) / 224 pages ISBN: 9780072848656 ISBN: 9780071257367 [IE] Business Finance www.mhhe.com/shefrin Contents 1- Behavioral Foundations 2- Valuation 3- Capital Budgeting 4- Perceptions About Risk and Return 5- Inefficient Markets and Corporate Decisions 6- Capital Structure 7- Dividend Policy 8- Agency Conflicts and Corporate Governance 9- Group Process 10- Mergers and Acquisitions 11- Application of Real-Option Techniques to Capital Budgeting and Capital Structure (on the website only) BUSINESS FINANCE 10th Edition By Graham Peirson and Rob Brown of Monash University, Steve Easton, University of Newcastle and Peter Howard, Monash University, Clayton and Sean Pinder, University of Melbourne 2010 (August 2010) ISBN: 9780070144675 ISBN: 9780071012911 (Revised with Connect Plus) McGraw-Hill Australia Title www.mhhe.com/au/peirson10e International edition FINANCIAL MARKETS AND CORPORATE STRATEGY 2nd Edition By Mark Grinblatt, UCLA and Sheridan Titman, University of Texas at Austin 2002 / 864 pages ISBN: 9780071088510 [IE] ISBN: 9780071236867 [IE - Printed in 2 Colors] www.mhhe.com/grinblatt CONTENTS Part I. Financial Markets and Financial Instruments 1.Raising Capital 2. Debt Financing 3. Equity Financing Part II. Valuing Financial Assets 4. The Mathematics and Statistics of Portfolios 5. Mean-Variance Analysis and the Capital Asset Pricing Model 6. Factor Models and the Arbitrage Pricing Theory 7. Pricing Derivatives 8. Options Part III. Valuing Real Assets 9. Discounting and Valuation 10. Investing in Risk-less Projects 11. Investing in Risky Projects 12. Allocating Capital and Corporate Strategy 13. Corporate Taxes and the Impact of Financing On Real Asset Valuation Part IV. Capital Structure 14. How Taxes Affect Financing Choices 15. How Taxes Affect Dividends and Share Repurchases 16. Bankruptcy Costs and Debt Holder-Equity Holder Conflicts 17. Capital Structure and Corporate Strategy Part V. Incentives, Information, and Corporate Control 18. How Managerial Incentives Affects Financial Decisions 19. The Information Conveyed by Financial Decisions 20. Mergers and Acquisitions Part VI. Risk Management 21. Risk Management and Corporate Strategy 22. The Practice of Hedging 23. Interest Rate Risk Management 82 Now in its landmark tenth edition, Business Finance is the authoritative Australian business finance text. Written by the same highly regarded author team, this edition has been extensively updated and revised to ensure that it continues to meet the needs of today’s students. Updated statistics, numerous real-life examples and information on new regulatory changes and market developments have been integrated throughout. Quality, proven content and a trusted pedagogy combine in Business Finance to provide comprehensive subject coverage for finance majors. Contents Ch 1 Introduction Ch 2 Consumption, investment and the capital market Ch 3 The time value of money: an introduction to financial mathematics Ch 4 Applying the time value of money to security valuation Ch 5 Project evaluation: principles and methods Ch 6 The application of project evaluation methods Ch 7 Portfolio theory and asset pricing Ch 8 The capital market Ch 9 Sources of long-term finance: equity Ch10 Sources of finance: debt Ch11 Dividend and share repurchase decisions Ch12 Principles of capital structure Ch13 Capital structure decisions Ch14 The cost of capital and taxation issues in project evaluation Ch15 Leasing and other equipment finance Ch16 Capital market efficiency Ch17 Futures contracts Ch18 Options and contingent claims Ch19 Analysis of takeovers Ch20 International financial management Ch21 Management of short-term assets: inventory Ch22 Management of short-term assets: liquid assets accounts receivable Appendices Glossary Author index Subject index Finance, Insurance & Real Estate Investments - Textbooks International edition NEW *9780078034626* FUNDAMENTALS OF INVESTMENT MANAGEMENT 10th Edition By Geoffrey A Hirt, DePaul University and Stanley B Block, Texas Christian University 2012 (June 2011) / 688 pages ISBN: 9780078034626 ISBN: 9780071315524 [IE] www.mhhe.com/hirtblock10e Presenting applied theory alongside real-world examples, Fundamentals of Investment Management provides a survey of the important areas of investments: valuation, the marketplace, fixed income instruments and markets, equity instruments and markets, derivative instruments, and a cross-section of special topics, such as international markets and mutual funds. The text is user-friendly, but makes no concessions to the importance of covering the latest and most important material for the student of investments. New to this edition The text has been extensively reorganized to include modern coverage and improve the flow of material. Chapter 6: Industry Analysis Chapter 7: Valuation of the Individual Firm Chapter 8: Financial Statement Analysis Part Three: Issues in Efficient Markets Chapter 9: Efficient Markets and Anomalies Chapter 10: Behavioral Finance and Technical Analysis Part Four: Fixed-Income and Leveraged Securities Chapter 11: Bond and Fixed-Income Fundamentals Chapter 12: Principles of Bond Valuation and Investment Chapter 13: Convertible Securities and Warrants Part Five: Derivative Products Chapter 14: Put and Call Options Chapter 15: Commodities and Financial Futures Chapter 16: Stock Index Futures and Options Part Six: Broadening the Investment Perspective Chapter 17: A Basic Look at Portfolio Management and Capital Market Theory Chapter 18: Duration and Bond Portfolio Management Chapter 19: International Securities Markets Chapter 20: Investments in Real Assets Chapter 21: Alternative Investments: Private Equity and Hedge Funds Chapter 22: Measuring Risks and Returns of Portfolio Managers Appendices Appendix A: Compound Sum of $1 Appendix B: Compound Sum of an Annuity of $1 Appendix C: Present Value of $1 Appendix D: Present Value of an Annuity of $1 Appendix E: Time Value of Money and Investment Applications Appendix F: Using Calculators for Financial Analysis International edition NEW Additional material on behavioral finance: Chapter 10, formerly Technical Analysis, is now Behavioral Finance and Technical Analysis. Introductory material on behavioral finance appears at the beginning of the chapter, and the chapter shows where technical analysis can interpret some of the behavior observed in investors. A greatly expanded section on portfolio management: The last section of the book now includes the introductory theory and portfolio management chapter, followed by duration and bond portfolio management, international investing, real assets, a new chapter entitled Alternative Investments: Hedge Funds and Private Equity, and a final chapter on measuring investment performance. Placement of the mutual fund chapter: The mutual fund chapter has been moved up from Chapter 18 to Chapter 4. This fits with the investing goals and objectives covered in Chapter 1 and meshes with the stock market index material in Chapter 2. More information about exchange-traded funds has also been added to this chapter. Each chapter has been updated to reflect the most current information in today’s world of investment management. Significant new and updated content coverage includes material related to the financial crisis, such as the subprime mortgage market, credit default swaps, Federal Reserve Policy, and other related topics. Contents Part One: Introduction to Investments Chapter 1: The Investment Setting Chapter 2: Security Markets Chapter 3: Participating in the Market Chapter 4: Investment Companies: Mutual Funds, Exchange-Traded Funds, Closed-End funds, and Unit Investment Trusts Part Two: Analysis and Valuation of Equity Securities Chapter 5: Economic Activity *9780073530710* FUNDAMENTALS OF INVESTMENTS 6th Edition By Bradford D Jordan, University of KentuckyLexington, Thomas Miller, St Louis University and Steve Dolvin, Butler University 2012 (January 2011) / 736 pages ISBN: 9780073530710 ISBN: 9780071315647 [IE] www.mhhe.com/jmd6e Fundamentals of Investments focuses on students as investment managers, giving them information to act on by placing theory and research in the proper context. The text offers strong, consistent pedagogy, including a balanced, unified treatment of the four main types of financial investments: stocks, bonds, options, and futures. Topics are organized in a way that makes them easy to apply—whether to a portfolio simulation or to real life—and supported with hands-on activities. New to this edition McGraw-Hill Connect Finance Connect Finance offers a number of powerful tools and features to make managing assignments easier, so you can spend more time teaching. Students can engage with their coursework anytime and anywhere, making the learning process more accessible and efficient. In short, Connect Finance facilitates student learning and optimizes your time and energies, enabling you to focus on course content, teaching, and student learning. 83 Finance, Insurance & Real Estate Create and deliver online, auto-graded homework assignments, quizzes, and tests directly from the end-of-chapter materials or test bank. Problems are available as both static and algorithmic problems, and there are also multiple-choice conceptual questions. Students receive immediate, detailed feedback on their assignments, allowing them to focus on the areas where they need improvement. Questions mapped to AACSB skill areas, Bloom’s Taxonomy levels, and difficulty level enable you to run reports that assess specific learning outcomes. A Self Quiz and Study program allows students to evaluate their performance through a practice test and then receive recommendations for specific readings from the text, supplemental study material, and practice work that will improve their mastery of each learning objective. Pre-built assignments are available to save you set up time. Connect Plus Finance. This packaging option combines all the great features of Connect Finance, along with access to an online version of Fundamentals of Investments, linked to additional study features, so that students can easily refer back to the text for review and guidance. Increased CFA coverage, support and mapping: The sixth edition includes expanded coverage on 10 CFA readings and completely new coverage of 15 CFA readings. In total, the sixth edition covers more than 70 percent of the readings from Level 1 of the CFA exam and about 35 percent of the readings from the Level 2 and 3 exams. Each chapter opens with a CFA Exam box citing references to specific readings from the CFA curriculum that are covered within the chapter, mapping to the level of the CFA exam for the reading, and more than 95 percent of end-of-chapter material is related to the CFA exam, which has been similarly mapped to CFA exam levels. Highlights of new coverage in the sixth edition include: Chapter 1 contains new sections on the crash of 2008, dollarweighted average returns, and the equity risk premium. Chapter 4 contains a new material on target date funds and a greatly expanded section on exchange-traded funds, particularly leveraged ETFs. Considerable new material is introduced on hedge funds, particularly their fee structure and investment styles. Chapter 7 contains new material on the market crash of 2008. Chapter 8 offers new material on heuristics, herding, and overcoming bias. Students have an opportunity to take an online quiz about overconfidence. Chapter 13 contains new material on calculating alpha using regression; calculating an information ratio; calculating a portfolio’s R-squared; and Global Investment Performance Standards (GIPS). Chapter 18 contains some new material on bond ratings and alternatives to bond ratings. CONTENTS Part I Introduction 1. A Brief History of Risk and Return 2. The Investment Process 3. Overview of Security Types 4. Mutual Funds Part II Stock Markets 5. The Stock Market 6. Common Stock Valuation 7. Stock Price Behavior and Market Efficiency 8. Behavioral Finance and the Psychology of Investing Part III Interest Rates and Bond Valuation 9. Interest Rates 10. Bond Prices and Yields Part IV Portfolio 11. Diversification and Risky Asset Allocation 12. Return, Risk, and the Security Market Line 13. Performance Evaluation and Risk Management Part V Options and Futures 84 14. Futures Contracts 15. Stock Options Part VI Topics in Investments 16. Option Valuation 17. Projecting Cash Flow and Earnings 18. Corporate Bonds 19. Government Bonds 20. Mortgage-Backed Securities Appendix A: Answers to Test Your Investment Quotient Questions Appendix B: Answers to Selected Questions and Problems Appendix C: Key Formulas Index Global edition INVESTMENTS 9th Edition By Zvi Bodie, Boston University, Alex Kane, University of California-San Diego and Alan J Marcus, Boston College 2011 (September 2010) / 1056 pages ISBN: 9780073530703 ISBN: 9780071289146 [GE] - Pub March 2011 www.mhhe.com/bkm Bodie, Kane, and Marcus’ Investments sets the standard for graduate/MBA investments textbooks. It blends practical and theoretical coverage, while maintaining an appropriate rigor and a clear writing style. Its unifying theme is that security markets are nearly efficient, meaning that most securities are priced appropriately given their risk and return attributes. The text places greater emphasis on asset allocation and offers a much broader and deeper treatment of futures, options, and other derivative security markets than most investment texts. It is also the only graduate Investments text to offer an online homework management system, McGraw-Hill’s Connect Finance. Contents Part I Introduction 1 The Investment Environment 2 Asset Classes and Financial Instruments 3 How Securities are Traded 4 Mutual Funds and Other Investment Companies Part II Portfolio Theory and Practice 5 Introduction to Risk, Return, and the Historical Record 6 Risk Aversion and Capital Allocation to Risky Assets 7 Optimal Risky Portfolios 8 Index Models Part III Equilibrium in Capital Markets 9 The Capital Asset Pricing Model 10 Arbitrage Pricing Theory and Multifactor Models of Risk and Return 11 The Efficient Market Hypothesis 12 Behavioral Finance and Technical Analysis 13 Empirical Evidence on Security Returns Part IV Fixed-Income Securities 14 Bond Prices and Yields 15 The Term Structure of Interest Rates 16 Managing Bond Portfolios Part V Security Analysis 17 Macroeconomic and Industry Analysis 18 Equity Valuation Models 19 Financial Statement Analysis Part VI Options, Futures, and Other Derivatives 20 Options Markets: Introduction 21 Option Valuation 22 Futures Markets 23 Futures, Swaps, and Risk Management Part VII Applied Portfolio Management 24 Portfolio Performance Evaluation 25 International Diversification 26 Hedge Funds Finance, Insurance & Real Estate 27 The Theory of Active Portfolio Management 28 Investment Policy and the Framework of the CFA Institute References to CFA Problems Glossary Name Index Subject Index NEW *9780071333481* UNDERSTANDING MUTUAL FUNDS By Uma Shashikant, Sunita Abraham and Arti Bhargava 2011 (September 2011) / 224 pages ISBN: 9780071333481 McGraw-Hill India Title This book serves a simple purpose: it helps in preparing for the mandatory certification examination prescribed by the National Institute of Securities Markets (NISM – Series VA – Mutual Fund Distributors Exam). This examination is mandatory for independent advisors and employees in the sales, distribution and customer service functions of mutual funds and distribution companies.This book stays faithful to the syllabus for the examination and test objectives as outlined by NISM. Several students who take the NISM examinations in preparation for their job and project placements will find this book useful. This book covers several basic concepts relating to mutual funds, which may also be of interest to mutual fund investors. The objective of this book is to simplify the basic concepts and principles relating to mutual funds. Examples and illustrations have been used to reinforce the concepts wherever necessary. Contents 1. Concept And Role Of Mutual Funds 2. Fund Structure And Constituents 3. Legal And Regulatory Environment 4. Offer Document 5. Fund Distribution And Sales Practices 6. Accounting Valuation And Taxation 7. Investors Services 8. Risk, Return And Performance Of Funds 9. Mutual Fund Scheme Selection 10. Selecting The Right Investment Products 11. Financial Planning And Model Portfolios International edition ESSENTIALS OF INVESTMENTS WITH S&P CARD 8th Edition By Zvi Bodie, Boston University, Alex Kane, University of California-San Diego and Alan J Marcus, Boston College 2010 (September 2009) ISBN: 9780077339180 ISBN: 9780071267496 [IE without S&P Card] ISBN: 9780071084383 [IE with Connect Plus] www.mhhe.com/bodieess8e The market leading undergraduate investments textbook, Essentials of Investments, 8e by Bodie, Kane and Marcus, emphasizes asset allocation while presenting the practical applications of investment theory. The authors have eliminated unnecessary mathematical detail and concentrate on the intuition and insights that will be useful to practitioners throughout their careers as new ideas and challenges emerge from the financial marketplace. The eighth edition has been fully updated to reflect the recent financial crisis and includes a new chapter on Hedge Funds. Contents Part 1: Elements of Investments 1- Investments: Background and Issues 2- Asset Classes and Financial Instruments 3- Securities Markets 4- Mutual Funds and Other Investment Companies Part 2: Portfolio Theory 5- Risk and Return: Past and Prologue 6- Efficient Diversification 7- Capital Asset Pricing and Arbitrage Pricing Theory 8- The Efficient Market Hypothesis 9- Behavioral Finance and Technical Analysis Part 3: Debt Securities 10- Bond Prices and Yields 11- Managing Bond Portfolios Part 4: Security Analysis 12- Macroeconomic and Industry Analysis 13- Equity Valuation 14- Financial Statement Analysis Part 5: Derivative Markets 15- Options Markets 16- Option Valuation 17- Futures Markets and Risk Management Part 6: Active Investment Management 18- Portfolio Performance Evaluation 19- Globalization and International Investing 20- Hedge Funds 21- Taxes, Inflation, and Investment Strategy 22- Investors and the Investment Process REVIEW COPY (Available for course adoption only) To request for a review copy, contact your local McGraw-Hill representatives or, fax the Review Copy Request Form found in this catalog or, e-mail your request to mghasia_sg@mcgraw-hill.com or, submit online at www.mheducation.asia 85 Finance, Insurance & Real Estate International edition Investments - Supplementary INVESTMENTS 2nd Edition By Mark Hirschey, University of Kansas-Lawrence and John Nofsinger, Washington State University-Pullman 2010 (January 2009) / 672 pages ISBN: 9780077305574 (with S&P Bind-In Card) ISBN: 9780071271035 [IE] ISBN: 9780071104357 [IE with S&P Card] www.mhhe.com/hirschey2e Investments: Analysis and Behavior, 2e is the first textbook to integrate exciting new developments from the field of behavioral finance in a comprehensive and balanced introduction to the field of investments. Since behavioral is intertwined in all aspects of investing, this text does just that. Investments: Analysis and Behavior is written from a unique perspective that will provide students with knowledge of investment analytical tools and an understanding of the forces that drive the industry. Contents Part 1 Introduction to Investments Chapter 1 Introduction Chapter 2 Equity Markets Chapter 3 Buying and Selling Equities Chapter 4 Risk and Return Part 2 Market Efficiency and Investor Behavior Chapter 5 Asset Pricing Theory and Performance Evaluation Chapter 6 Efficient-Market Hypothesis Chapter 7 Market Anomalies Chapter 8 Psychology and the Stock Market Part 3 Investment Analysis Chapter 9 Business Environment Chapter 10 Financial Statement Analysis Chapter 11 Value Stock Investing Chapter 12 Growth Stock Investing Chapter 13 Technical Analysis Part 4 Fixed Income Chapter 14 Bond Instruments and Markets Chapter 15 Bond Valuation Part 5 Investment Management Chapter 16 Mutual Funds Chapter 17 Global Investing Chapter 18 Option Markets and Strategies Chapter 19 Futures Markets Chapter 20 Real Estate and Tangible Assets Appendix A The Time Value of Money and Compounding Appendix B Reference to the Chartered Financial Analyst Questions Glossary Index SCHAUM’S OUTLINE OF INVESTMENTS 2nd Edition By Jack Clark Francis, Bernard M. Baruch College and Richard Taylor 2000 / 330 pages ISBN: 9780071348492 A Professional reference Title CONTENTS Chapter 1: Money Market Securities. Chapter 2: Common and Preferred Stock. Chapter 3: Corporate Bonds. Chapter 4: The Time Value of Money. Chapter 5: U.S. Treasury, Agency and Related Bonds. Chapter 6: Municipal Bonds. Chapter 7: Issuing and Trading Securities. Chapter 8: Secondary Security Markets. Chapter 9: Federal Investments Regulations. Chapter 10: Security Market Indexes. Chapter 11: Analysis of Financial Statements. Chapter 12: Short Positions, Hedging, and Arbitrage. Chapter 13: Total Risk and Risk Factors. Chapter 14: Bond Valuation. Chapter 15: Bond Portfolio Management. Chapter 16: Common Stock Valuation. Chapter 17: Technical Analysis. Chapter 18: Efficient Markets Theory. Chapter 19: Futures. Chapter 20: Put and Call Options I. Chapter 21: Put and Call Options II. Chapter 22: Portfolio Analysis. Chapter 23: Capital Market Theory. Chapter 24: Arbitrage Pricing Theory (APT). Chapter 25: Portfolio Performance Evaluation. Chapter 26: International Investing. Appendices: A: Present Value of $1. B: Future Value of $1. C: Present Value of an Annuity of $1. D: Future Value of an Annuity of $1. Invitation to Publish McGraw-Hill is interested to review your textbook proposals for publication. Please contact your local McGraw-Hill office or email to asiapub@mcgraw-hill.com. Visit McGraw-Hill Education (Asia) Website: http://www.mheducation.asia/publish/ 86 Finance, Insurance & Real Estate Investments - Graduate Cases in Corporate Finance Global edition International edition INVESTMENTS 9th Edition By Zvi Bodie, Boston University, Alex Kane, University of California-San Diego and Alan J Marcus, Boston College 2011 (September 2010) / 1056 pages ISBN: 9780073530703 ISBN: 9780071289146 [GE] - Pub March 2011 www.mhhe.com/bkm Bodie, Kane, and Marcus’ Investments sets the standard for graduate/MBA investments textbooks. It blends practical and theoretical coverage, while maintaining an appropriate rigor and a clear writing style. Its unifying theme is that security markets are nearly efficient, meaning that most securities are priced appropriately given their risk and return attributes. The text places greater emphasis on asset allocation and offers a much broader and deeper treatment of futures, options, and other derivative security markets than most investment texts. It is also the only graduate Investments text to offer an online homework management system, McGraw-Hill’s Connect Finance. Contents Part I Introduction 1 The Investment Environment 2 Asset Classes and Financial Instruments 3 How Securities are Traded 4 Mutual Funds and Other Investment Companies Part II Portfolio Theory and Practice 5 Introduction to Risk, Return, and the Historical Record 6 Risk Aversion and Capital Allocation to Risky Assets 7 Optimal Risky Portfolios 8 Index Models Part III Equilibrium in Capital Markets 9 The Capital Asset Pricing Model 10 Arbitrage Pricing Theory and Multifactor Models of Risk and Return 11 The Efficient Market Hypothesis 12 Behavioral Finance and Technical Analysis 13 Empirical Evidence on Security Returns Part IV Fixed-Income Securities 14 Bond Prices and Yields 15 The Term Structure of Interest Rates 16 Managing Bond Portfolios Part V Security Analysis 17 Macroeconomic and Industry Analysis 18 Equity Valuation Models 19 Financial Statement Analysis Part VI Options, Futures, and Other Derivatives 20 Options Markets: Introduction 21 Option Valuation 22 Futures Markets 23 Futures, Swaps, and Risk Management Part VII Applied Portfolio Management 24 Portfolio Performance Evaluation 25 International Diversification 26 Hedge Funds 27 The Theory of Active Portfolio Management 28 Investment Policy and the Framework of the CFA Institute References to CFA Problems Glossary Name Index Subject Index CASE STUDIES IN FINANCE 6th Edition By Robert F Bruner, University of VA-Charlottesville 2010 (January 2009) / 816 pages ISBN: 9780073382456 ISBN: 9780071267526 [IE] www.mhhe.com/bruner6e Case Studies in Finance, 6e links managerial decisions to capital markets and the expectations of investors. At the core of almost all of the cases is a valuation task that requires students to look to financial markets for guidance in resolving the case problem. The focus on value helps managers understand the impact of the firm on the world around it. These cases also invite students to apply modern information technology to the analysis of managerial decisions. The cases may be taught in many different combinations. The eight-part sequence indicated by the table of contents relates to course designs used at the authors’ schools. Each part of the casebook suggests a concept module, with a particular orientation. Contents Part 1: Setting Some Themes Case 1 Warren E. Buffett, 2005 Case 2 Bill Miller and Value Trust Case 3 Ben & Jerry’s Homemade Case 4 The Battle for Value, 2004: FedEx Corp. vs. United Parcel Service, Inc. Part 2: Financial Analysis and Forecasting Case 5 The Thoughtful Forecaster Case 6 The Financial Detective, 2005 Case 7 Krispy Kreme Doughnuts, Inc. Case 8 The Body Shop International PLC 2001: An Introduction to Financial Modeling Case 9 Horniman Horticulture Case 10 Kota Fibres, Ltd. Case 11 Deutsche Brauerei Case 12 Value Line Publishing: October 2002 Part 3: Estimating the Cost of Capital Case 13 “Best Practices” in Estimating the Cost of Capital: Survey and Synthesis” Case 14 Nike, Inc.: Cost of Capital Case 15 Teletech Corporation, 2005 Case 16 The Boeing 7E7 Part 4: Capital Budgeting and Resource Allocation Case 17 The Investment Detective Case 18 Worldwide Paper Company Case 19 Target Corporation Case 20 Aurora Textile Company Case 21 Compass Records Case 22 Victoria Chemicals plc (A): The Merseyside Project Case 23 Victoria Chemicals plc (B): Merseyside and Rotterdam Projects Case 24 Euroland Foods S.A. Case 25 Star River Electronics Ltd. Part 5: Management of the Firm’s Equity: Dividends, Repurchases, Initial Offerings Case 26 Gainesboro Machine Tools Corporation Case 27 EMI Case 28 JetBlue Airways IPO Valuation Case 29 TRX, Inc.: Initial Public Offering Case 30 Purinex, Inc. Part 6: Management of the Corporate Capital Structure 87 Finance, Insurance & Real Estate Case 31 An Introduction to Debt Policy and Value Case 32 Structuring Coprorate Financial Policy: Diagnosis of Problems and Evaluation of Strategies Case 33 California Pizza Kitchen Case 34 The Wm. Wrigley Jr. Company: Capital Structure, Valuation, and Cost of Capital Case 35 Deluxe Corporation Case 36 Deutsche Bank Securities: Financing the Acquisition of Consolidated Supply S.A. Part 7: Analysis of Financing Tactics: Leases, Options, and Foreign Currency Case 37 Baker Adhesives Case 38 Carrefour S.A. Case 39 Primus Automation Division, 2002 Case 40 MoGen, Inc. Part 8: Valuing the Enterprise: Acquisitions and Buyouts Case 41 Methods of Valuation: Mergers and Acquisitions Case 42 Arcadian Microarray Technologies, Inc. Case 43 Yeats Valves and Controls Case 44 Hershey Foods Corporation Case 45 General Mills’ Acquisition of Pillsbury from Diageo PLC Case 46 The Timken Company Case 47 Matlin Patterson Case 48 Hostile Takeovers: A Primer for the Decision Maker Case 49 General Electric’s Proposed Acquisition of Honeywell 10. Indian Premier League 11. Option Pricing Problem Set 12. Tata Steel: The Bid for Corus MODULE 3: WORKING CAPITAL MANAGEMENT 13. Working Capital Management at Excel Crop Care Ltd. MODULE 4: CAPITAL STRUCTURE, SHORT-TERM AND LONGTERM FINANCING 14. Trent Ltd. Rights Issue of Convertibles and Warrants 15. Financial Instruments Problem Set 16. BGR Energy Systems’ Initial Public Offering 17. Shree Cement Ltd. 18. Fujairah Bank International edition CASES IN FINANCE 2nd Edition By Jim DeMello, Western Michigan University—Kalamazoo 2006 / 192 pages ISBN: 9780072983227 ISBN: 9780071244367 [IE] www.mhhe.com/demello2e CONTENTS CASES IN CORPORATE FINANCE By SR Viswanath, Institute of Management Technology 2009 (April 2009) ISBN: 9780070090255 McGraw-Hill India Title www.mhhe.com/corpfincases “This book will compete with the HBR cases and also the case problems given in various text-books. But the advantage here is that it discusses Indian cases and so will be more useful, as the students will be more familiar with the scenarios described in the cases…The cases give an overall perspective of a business venture– Prof. Indu Niranjan, SPJIMR, Mumbai Basic analytical skills and principles of corporate finance Functions of modern capital markets and financial institutions Estimation of cost of capital Standard techniques of analysis, including capital budgeting Estimation and management of working capital The first module consists of cases that form the building blocks of modern finance. These are on time value of money, risk and return. The second module covers capital budgeting and valuation. This module introduces standard DCF models in a variety of settings. A problem set on option pricing is also included here The third module is on working capital estimation and management. Case topics include cash budgeting, seasonality and working capital management The fourth module (the final one) is on long term financing and risk management. Contents MODULE 1: BUILDING BLOCKS 1. Lisa Mathew’s Investment Opportunities 2. Valuation Problem Set (A) 3. Reliance Capital 4. Cost of Capital for Utilities in India 5. Financial Statements and Industry Structure, 2007 6. The Use of Cash Flow Statements 7. Financial Performance of Major Steel Firms 8. Value Based Management at Marico Ltd. MODULE 2: CAPITAL BUDGETING AND DISCOUNTED CASH FLOW VALUATION 9. Valuation Problem Set (B) 88 Case 1- Signal Cable Company; Cash Flow Analysis Case 2- Bigger Isn’t Always Better; Financial Ratio Analysis Case 3- Playing the Numbers Game!; DuPont Analysis Case 4-Growing Pains; Financial Forecasting Case 5- There’s More to Us Than Meets the Eye!; Financial Analysis and Forecasting Case 6- Lottery Winnings-Looks Can Be Deceptive; Time Value of Money Case 7- It’s Better Late Than Never!; Retirement Planning Case 8- Paying Off That Dream House; Loan Amortization Case 9- Wake Up and Smell the Coffee!; Time Value of Money Case 10- Corporate Bonds-They Are More Complex Than You Think; Bond Analysis and Valuation Case 11- How Low Can It Go?; Application of Stock Valuation Methods Case 12- What Are We Really Worth; Valuation of Common Stock Case 13- The Lazy Mower: Is It Really Worth It?; Estimating Cash Flow-New Project Analysis Case 14- If the Coat Fits, Wear it; Replacement Project Analysis Case 15- The Dilemma at Day-Pro; Comparison of Capital Budgeting Techniques Case 16- Too Hot to Handle; Capital Budgeting Case 17- Flirting with Risk; Risk and Return Case 18- I Wish I Had a Crystal Ball; Real Options and Capital Budgeting Case 19- Can One Size Fit All?; Determining the Cost of Capital Case 20- We Are Not All Alike; Divisional Costs of Capital Case 21- Where Do We Draw the Line?: Marginal Cost of Capital and Capital Budgeting Case 22- EVA – Does It Really Work?; Economic Value Added (EVA) Case 23- It’s Better to Be Safe Than Sorry!; Evaluating Project Risk Case 24- Look Before You Leverage; Debt Versus Equity Financing Case 25- Is It Worth More Dead or Alive?; Bankruptcy and Reorganization Case 26- Is It Much Ado About Nothing?; Dividend Policy Case27- Timing Is Everything!; Working Capital Management Case 28- Getting Our Act Together; Cash Budgeting Case 29- The Elusive Cash Balance; Cash Budgeting Case 30- A Switch in Time Saves Nine; Accounts Receivable Management Case 31- Will it be Worthwhile to Venture?; International Capital Budgeting Case 32- When In Doubt, Hedge!; Hedging with Derivatives Case 33- Made for Each Other; Valuing Corporate Acquisitions Case 34- Why Buy It When You Can Lease It?; Lease Versus Buy Analysis Finance, Insurance & Real Estate International edition Money and Capital Markets CASES IN FINANCE 2nd Edition By Ben Nunnally, Jr., and D. Anthony Plath, University of North Carolina 1997 / 288 pages ISBN: 9780071145640 [IE] MERCHANT BANKING AND FINANCIAL SERVICES CONTENTS By S Gurusamy, Vaishnav College 2009 (June 2009) / 480 pages ISBN: 9780070153622 PART I. FINANCIAL ANALYSIS, PLANNING AND STRATEGY: 1. Triple A Office Mart. 2. Airline Profitability Analysis. 3. Retirement Planning, Inc.-NEW!. 4. Babes-N-Toyland. 5. Pop’s Recycling Co. 6. Personal Computers, Inc. 7. Personality Associates. 8. Rapid Fire Batteries, Inc. PART II. WORKING CAPITAL MANAGEMENT: 9. Bison Tool Corp. 10. Aero-Strip, Inc. 11. Ohio Rubber Works. PART III. CAPITAL BUDGETING: 12. B.J. Plastic Molding Company. 13. Infomercial Entertainment, Inc. 14. Restore Incorporated. 15. Kirby Industries. 16. The Winning Edge, Inc. 17. Gideon Research. 18. Metal Fabricating and Recycling-NEW! 19. Midwood Electronic -NEW! PART IV. INTERMEDIATE AND LONG-TERM FINANCING: 20. Deal’s Computerland. 21. Clearline Filters, Inc.-NEW! 22. Suburban Electronics Company. 23. Neptune’s Locker, Inc. 24. Burkeville Power and Light. 25. Commercial Builders, Inc.-NEW! 26. Buffalo River Steele Company. 27. * Village Plaza Shopping Center. PART V. FINANCIAL STRUCTURE, THE COST OF CAPITAL, AND DIVIDEND POLICY: 28. The Orient Express. 29. Speciality Chemicals, Inc.-NEW! 30. McDermott Manufacturing, Inc.-NEW! 31. High Rock Industries. 32. South East Merchandisers-NEW! 33. Touring Enterprises-NEW! 34. COBA Corporation (Part A). 35. COBA Corporation (Part B). 36. * Cole-Williams, Incorporated. 37. Orchard Mill Development. 38. FuzzyTronic, Inc. PART VI. OTHER TOPICS IN FINANCIAL MANAGEMENT: 39. Performance Cycle, Inc. 40. Progressive Office Outfitters-NEW! 41. Xtronics Corporation-NEW! 3rd Edition McGraw-Hill India Title A good text book on this subject written by a well-known author. This book can be pitched in where our other titles on this subject do not fit well for any reason. Contents 1. Merchant Banking: An Overview 2.Merchant Banking: Regulatory Framework 3.Public Issue Management 4.Marketing of New Issues 5.Post-issue Activities 6.Prospectus 7.Underwriting of Securities 8.Capital Structure Decisions 9.Capital Market Instruments 10.Depository Receipts 11.Stock Exchange: An Overview 12.National Stock Exchange (NSE) 13.Over-the-Counter Exchange of India (OTCEI) 14.M&A Advisory Services 15.Portfolio Management Services 16.Credit Syndication Services 17.Financial Services: An Overview 18.Leasing: An Overview 19.Hire Purchase Finance 20.Bill Financing 21.Factoring and Forfeiting 22.Consumer Finance 23.Real Estate Financing 24.Credit Cards 25.Credit Rating 26.Mutual Funds 27.Venture Capital International edition MONEY AND CAPITAL MARKETS 10th Edition By Peter S Rose, Texas A&M University and Milton Marquis, Florida State University-Tallahassee 2008 (December 2007) / 800 pages ISBN: 9780077235802 (with S&P Bind-In Card) ISBN: 9780071284325 [IE with S&P Bind-In Card] ISBN: 9780071268592 [IE without S&P Card] www.mhhe.com/rose10e Money and Capital Markets, 10th edition by Peter Rose and Milton Marquis provides a thorough and comprehensive view of the whole financial system. All the major types of financial institutions and financial instruments present today are discussed, along with how and why the system of money and capital markets is changing. Money and Capital Markets also provides a descriptive explanation of how interest rates and security values are determined. It discusses the current and future trends of the globalization of financial markets, the ongoing consolidation of the financial institutions’ sector, and recent efforts to protect consumer privacy in the financial services field. 89 Finance, Insurance & Real Estate CONTENTS Part One – The Global Financial System in Perspective Chapter 1 – Functions and Roles of the Financial System in the Global Economy Chapter 2 – Financial Assets, Money, Financial Transactions, and Financial Institutions Chapter 3 – The Financial Information Marketplace Chapter 4 – The Future of the Financial System and the Money and Capital Markets Part Two – Interest Rates and the Prices of Financial Assets Chapter 5 – The Determinants of Interest Rates: Competing Ideas Chapter 6 – Measuring and Calculating Interest Rates and Financial Asset Prices Chapter 7 – Inflation and Deflation, Yield Curves, and Duration: Impact on Interest Rates and Asset Prices Chapter 8 – The Risk Structure of Interest Rates: Defaults, Prepayments, Taxes, and Other Rate-Determining factors Chapter 9 – Interest-Rate Forecasting and Hedging: Swaps, Financial Futures, and Options Part Three – The Money Market and Central Banking Chapter 10 – Introduction to the Money Market and the Roles Played by Governments and Security Dealers Chapter 11 – Commercial Banks, Major Corporations, and Federal Credit Agencies in the Money Market Chapter 12 – Roles and Services of the Federal Reserve and Other Central Banks Around the World Chapter 13 – The Tools and Goals of Central Bank Monetary Policy Part Four – Financial Institutions: Organization, Activities, and Regulation Chapter 14 – The Commercial Banking Industry: Structure, Products, and Management Chapter 15 – Nonbank Thrift Institutions: Savings and Loans, Savings Banks, Credit Unions, and Money Market Funds Chapter 16 – Mutual Funds, Insurance Companies, Investment Banks, and Other Financial Firms Chapter 17 – Regulation of the Financial Institutions’ Sector Part Five – Governments and Businesses in the Financial Marketplace Chapter 18 – Federal, State, and Local Governments Operating in the Financial Markets Chapter 19 – Business Borrowing: Corporate Bonds, Asset-Backed Securities, Bank Loans, and Other Forms of Business Debt Chapter 20 – The Market for Corporate Stock Part Six – Households in the Financial Marketplace Chapter 21 – Consumer Lending and Borrowing Chapter 22 – The Residential Mortgage Market Part Seven- The International Financial System Chapter 23 – International Transactions and Currency Values Chapter 24 – International Banking Money and Capital Markets Dictionary Index 90 Portfolio Management NEW *9780071078016* SECURITY ANALYSIS AND PORTFOLIO MANAGEMENT By K Sasidharan, School of Asset Management, Cochin and Alex K Mathews, Manathara Advisory Services 2011 (August 2011) / 708 pages ISBN: 9780071078016 McGraw-Hill India Title This book provides a comprehensive coverage on security analysis as well as portfolio management with a student-friendly approach. With discussion on latest topics, numerous examples, rich pedagogy, as well as exercises, it will adequately meet the requirements of business management students. CONTENTS 1. Investments: Concepts and Features 2. Investment Avenues 3. Indian Capital Market 4. Stock Exchanges in India 5. Stock Market Indices 6. Depository System and Listing of Securities 7. Futures and Options 8. Real Estate 9. Risk and Return 10. Market Regulators 11. Multifactor Risk and Return Models 12. Effi cient Market Hypothesis 13. Company Valuation 14. Equity Valuation 15. Bond Valuation 16. Technical Analysis 17. Fundamental Analysis 18. Portfolio Construction 19. Markowitz Model 20. Sharpe Portfolio Optimisation Model 21. Portfolio Evaluation 22. Portfolio Revision and Management Appendix A: Investment Analysis Appendix B: Using Calculator/Coputer for Computations Appendix C: Standardized Normal Distribution Table Appendix D: List of Useful Websites Model Question Paper Model Question Paper Index Finance, Insurance & Real Estate International edition RUNNING MONEY Professional Portfolio Management By Scott Stewart, Christopher Piros and Jeffrey Heisler 2011 (January 2010) / 576 pages ISBN: 9780073530581 ISBN: 9780071259453 [IE] www.mhhe.com/sph1e Derivatives / Futures & Options NEW Running Money: Professional Portfolio Management 1e focuses on the business investment decision-making from the perspective of the portfolio manager. The authors combined professional experience managing multi-billion-dollar mandates, working with real clients, and solving real investment problems is reflected throughout the text. Their goal is to expose students to what it is really like to “run money” professionally by providing the necessary tools. This new text is most effectively used in conjunction with cases, projects, and real-time portfolios requiring “hands on” application of the material. Excel Spreadsheets and Outboxes help the students understand the approach of this first edition text. Contents Chapter 1: Introduction Chapter 2: Client Objectives for Managing Diversified Portfolios Chapter 3: Asset Allocation: The Mean Variance Framework Chapter 4: Asset Allocation Inputs Chapter 5: Advanced Topics in Asset Allocation Chapter 6: The Investment Management Process Chapter 7: Introduction to Equity Portfolio Investing Chapter 8: Equity Portfolio Construction Chapter 9: Fixed Income Portfolio Management Chapter 10: Internal Investing Chapter 11: Alternative Investment Classes Chapter 12: Portfolio Management Through Time: Taxes and Transaction Costs Chapter 13: Performance Measurement and Attribution Chapter 14: Incentives, Ethics and Policy Chapter 15: Investor and Client Behavior Chapter 16: Managing Client Relationships Appendixes References Glossary *9780071313643* FUTURES AND OPTIONS By Sunil Parameswaran, Tarheel Consultancy Services 2011 (October 2010) / 600 pages ISBN: 9780071313643 An Asian Publication This book presents an in-depth exposition of the major derivative categories, namely futures, options, and swaps. Written in a racy and conversational style, the book simulates a one-on-one discussion between the reader and the author. It covers the intricacies of the financial instruments and the markets in which they are traded. It is embellished with sufficient numerical examples to facilitate the learning process. Readers are given adequate opportunities to test their comprehension by way of end-of-chapter questions and review of key concepts. The book is intended to serve as a one-stop reference for traders, investors, and serious students of Finance. It is a stand-alone text that seamlessly integrates material on the underlying financial securities such as stocks, stock indices, money and bond markets, and foreign exchange with the core concepts of the derivatives markets. It can also serve as a textbook for a graduate level course on futures and options, and readers should find that it provides adequate coverage of both forwards and futures contracts and options contracts. The text can also be used as supplementary material for courses on financial markets and international finance. Market professionals will find this book a useful and handy reference in their daily work. Features Foreword by Professor Tom Smith (Australian National University) Exhaustive coverage of both futures and options A racy and conversational style of exposition Numerous illustrations and examples Assignment questions and review of key concepts that provide an in-depth test of the readers’ comprehension CONTENTS REVIEW COPY (Available for course adoption only) To request for a review copy, contact your local McGraw-Hill representatives or, fax the Review Copy Request Form found in this catalog or, e-mail your request to mghasia_sg@mcgraw-hill.com or, submit online at www.mheducation.asia Foreword About the Author Preface Acknowledgments Figures and Tables 1. Introduction to Futures 2. Valuation of Futures Contracts 3. Hedging and Speculation 4. Orders and Exchanges 5. Money Market Futures 6. Bond Market Futures 7. Foreign Exchange Forwards and Futures 8. Stock and Stock Index Futures 9. Fundamentals of Options 91 Finance, Insurance & Real Estate 10. Arbitrage Restrictions 11. Options Strategies and Profit Diagrams 12. Valuation of Options 13. Options on Stock Indices, Foreign Currencies, Futures Contracts, and Volatility Indices 14. Exotic Options 15. Term Structure of Interest Rates and Valuation of Interest Rate Options 16. Fundamentals of Swaps Index Chapter 32: Structural Models of Default Risk Chapter 33: Reduced Form Models of Default Risk Chapter 34: Modeling Correlated Default Part VI: Computation Chapter 35: Derivative Pricing with Finite Differencing Chapter 36: Derivative Pricing with Monte Carol Simulation Chapter 37: Using Octave FINANCIAL DERIVATIVES International edition DERIVATIVES By Rangarajan Sundaram and Sanjiv Das 2011 (March 2010) / 940 pages ISBN: 9780072949315 ISBN: 9780071244800 [IE] www.mhhe.com/sd1e It has been the authors’ experience that the overwhelming majority of students in MBA derivatives courses go on to careers where a deep conceptual, rather than solely mathematical, understanding of products and models is required. The first edition of Derivatives looks to create precisely such a blended approach, one that is formal and rigorous, yet intuitive and accessible. The main body of this book is divided into six parts. Parts 1-3 cover, respectively, futures and forwards; options; and swaps. Part 4 examines term-structure modeling and the pricing of interest-rate derivatives, while Part 5 is concerned with credit derivatives and the modeling of credit risk. Part 6 discusses computational issues. Contents Chapter 1: Introduction Part 1: Futures and Forwards Chapter 2: Futures Markets Chapter 3: Pricing Forwards and Futures I: The Basic Theory Chapter 4: Pricing Forwards and Futures II Chapter 5: Hedging with Futures & Forwards Chapter 6: Interest-Rate Forwards & Futures Part II: Equity Derivatives Chapter 7: Options Markets Chapter 8: Options: Payoffs & Trading Strategies Chapter 9: No-Arbitrage Restrictions on Option Prices Chapter 10: Early Exercise and Put-Call Parity Chapter 11: Option Pricing: An Introduction Chapter 12: Binomial Option Pricing Chapter 13: Implementing the Binomial Model Chapter 14: The Black-Scholes Model Chapter 15: The Mathematics of Black-Scholes Chapter 16: Options Modeling: Beyond Black-Scholes Chapter 17: Sensitivity Analysis: The Option “Greeks” Chapter 18: Exotic Options I: Path-Independent Options Chapter 19: Exotic Options II: Path-Dependent Options Chapter 20: Value-at-Risk Chapter 21: Convertible Bonds Chapter 22: Real Options Part III: Swaps Chapter 23: Interest-Rate Swaps and Floating Rate Products Chapter 24: Equity Swaps Chapter 25: Currency Swaps Part IV: Interest Rate Modeling Chapter 26: The Term Structure of Interest Rates: Concepts Chapter 27: Estimating the Yield Curve Chapter 28: Modeling Term Structure Movements Chapter 29: Factor Models of the Term Structure Chapter 30: The Heath-Jarrow-Morton and Libor Market Models Part V: Credit Derivative Products Chapter 31: Credit Derivative Products 92 Markets and Applications in Malaysia, 2nd Edition By Ismath Bacha Obiyathulla, International Islamic University-Malaysia 2006 / 353 pages ISBN: 9789833219957 An Asian Publication Financial Derivatives: Markets and Applications is designed specifically for a first course in derivatives. It has been written with the beginner in mind and assumes no previous knowledge or familiarity with derivatives. Written in an informal, easy to read style, it guides readers through the challenging and complex world of forwards, futures and options. As the first book of its kind on Malaysian financial derivatives, the emphasis on local conditions enables easier understanding. All financial derivative contracts traded in Malaysia are covered according to their three common applications: hedging, arbitraging and speculating which are shown by means of fully worked out examples. Extensive use of illustrations and write-ups provide easy comprehension of the underlying logic of derivatives. CONTENTS 1 Derivatives: Introduction and Overview 2 Malaysian Derivatives Markets and Trading 3 Forward and Futures Markets: Pricing and Analysis 4 Stock Index Futures Contracts: Analysis and Applications 5 Interest Rate Futures: The 3-month KLIBOR Futures Contract 6 Introduction to Options 7 Options Contracts: Specifications and Trading 8 Option Strategies and Payoffs 9 Option Pricing 10 Replication, Sythetics and Arbitrage 11 Options in Corporate Finance and Real Options 12 Interest Rate Swaps, FRAs and Credit Derivatives 13 Derivatives Instruments and Islamic Banking Invitation to Publish McGraw-Hill is interested to review your textbook proposals for publication. Please contact your local McGraw-Hill office or email to asiapub@mcgraw-hill.com. Visit McGraw-Hill Education (Asia) Website: http://www.mheducation.asia/publish/ Finance, Insurance & Real Estate Financial Institutions Management International edition FINANCIAL INSTITUTIONS MANAGEMENT A Risk Management Approach, 7th Edition By Anthony Saunders, New York University and Marcia Millon Cornett, Southern Illinois University—Carbondale 2011 (September 2010) / 864 pages ISBN: 9780073530758 ISBN: 9780071289559 [IE without S&P] www.mhhe.com/saunders7e Saunders and Cornett’s Financial Institutions Management: A Risk Management Approach 7/e provides an innovative approach that focuses on managing return and risk in modern financial institutions. The central theme is that the risks faced by financial institutions managers and the methods and markets through which these risks are managed are becoming increasingly similar whether an institution is chartered as a commercial bank, a savings bank, an investment bank, or an insurance company. Although the traditional nature of each sector’s product activity is analyzed, a greater emphasis is placed on new areas of activities such as asset securitization, off-balance-sheet banking, and international banking. Part III Managing Risk Ch. 18 Liability and Liquidity Management Appendix 18A Federal Reserve Requirement Accounting Appendix 18B Bankers Acceptances and Commercial Paper as Sources of Financing Ch. 19 Deposit Insurance and Other Liability Guarantees Appendix 19A Calculation of Deposit Insurance Premiums Appendix 19B FDIC Press Releases of Bank Failures Appendix 19C Deposit Insurance Coverage for Commercial Banks in Various Countries Ch. 20 Capital Adequacy Appendix 20A Internal Ratings-Based Approach to Measuring Credit Risk-Adjusted Assets Ch. 21 Product and Geographic Expansion Appendix 21A EU and G-10 Countries: Regulatory Treatment of the Mixing of Banking, Securities, and Insurance Activities and the Mixing of Banking and Commerce (online) Ch. 22 Futures and Forwards Appendix 22A Microhedging with Futures (online) Ch. 23 Options, Caps, Floors, and Collars Appendix 23A Black-Scholes Option Pricing Model (online) Appendix 23B Microhedging with Options (online) Ch. 24 Swaps Appendix 24A Setting Rates on an Interest Rate Swap Ch. 25 Loan Sales Ch. 26 Securitization Appendix 26A Fannie Mae and Freddie Mac Balance Sheets (online) Contents Part I Introduction Ch. 1 Why Are Financial Institutions Special? Appendix 1A The Financial Crisis: The Failure of Financial Services Specialness Appendix 1B Monetary Policy Tools (online) Ch. 2 Financial Services: Depository Institutions Appendix 2A Financial Statement Analysis Using a Return on Equity (ROE) Framwork (online) Appendix 2B Commercial Bank’ Financial Statements and Analysis (online) Appendix 2C Depository Institutions and Their Regulators (online) Appendix 2D Technology in Commercial Banking (online) Ch. 3 Financial Services: Insurance Ch. 4 Financial Services: Securities Brokerage and Investment Banking Ch. 5 Financial Services: Mutual Funds and Hedge Funds Ch. 6 Financial Services: Finance Companies Ch. 7 Risks of Financial Institutions Part II Measuring Risk Ch. 8 Interest Rate Risk I Appendix 8A The Maturity Model (online) Appendix 8B Term Structure of Interest Rates Ch. 9 Interest Rate Risk II Appendix 9A The Basics of Bond Valuation (online) Appendix 9B Incorporating Convexity into the Duration Model Ch. 10 Market Risk Ch. 11 Credit Risk: Individual Loan Risk Appendix 11A Credit Analysis (online) Appendix 11B Black-Scholes Option Pricing Model (online) Ch. 12 Credit Risk: Loan Portfolio and Concentration Risk Appendix 12A CreditMetrics Appendix 12B CreditRisk+ Ch. 13 Off-Balance-Sheet Risk Appendix 13A A Letter of Credit Transaction (online) Ch. 14 Foreign Exchange Risk Ch. 15 Sovereign Risk Appendix 15A Mechanisms for Dealing with Sovereign Risk Exposure Ch. 16 Technology and Other Operational Risks Ch. 17 Liquidity Risk Appendix 17A Sources and Uses of Funds Statement, Bank of America, December 2005 (online) Financial Institutions and Markets International edition NEW *9780078034664* FINANCIAL MARKETS & INSTITUTIONS 5th Edition By Anthony Saunders, New York University and Marcia Millon Cornett, Bentley University 2012 (September 2011) / 736 pages ISBN: 9780078034664 ISBN: 9780071086745 [IE] www.mhhe.com/sc5e Financial Markets and Institutions, 5e offers a unique analysis of the risks faced by investors and savers interacting through financial institutions and financial markets, as well as strategies that can be adopted for controlling and managing risks. Special emphasis is put on new areas of operations in financial markets and institutions such as asset securitization, off-balance-sheet activities, and globalization of financial services. New to this edition McGraw-Hill’s Connect Finance. Connect Finance offers a number of powerful tools and features to make managing assignments 93 Finance, Insurance & Real Estate easier, so you can spend more time teaching. Students can engage with their coursework anytime and anywhere, making the learning process more accessible and efficient. In short, Connect Finance facilitates student learning and optimizes your time and energies, enabling you to focus on course content, teaching, and student learning. Create and deliver online, auto-graded homework assignments, quizzes, and tests directly from the end-of-chapter materials or test bank. Problems are available as both static and algorithmic problems. Students receive immediate, detailed feedback on their assignments, allowing them to focus on the areas where they need improvement. Questions mapped to AACSB skill areas, Bloom’s Taxonomy levels, and difficulty level enable you to run reports that assess specific learning outcomes. Pre-built assignments are available to save you set up time. Connect Plus Finance. This packaging option combines all the great features of Connect Finance, along with access to an online version of Financial Markets and Institutions, linked to additional study features, so that students can easily refer back to the text for review and guidance. 12. Commercial Banks’ Financial Statements and Analysis 13. Regulation of Commercial Banks Part IV. Other Financial Institutions 14. Other Lending Institutions: Savings Institutions, Credit Unions, and Finance Companies 15. Insurance Companies 16. Securities Firms and Investment Banks 17. Mutual Funds and Hedge Funds 18. Pension Funds Part V. Risk Management in Financial Institutions 19. Types of Risks Incurred by Financial Institutions 20. Managing Credit Risk on the Balance Sheet 21. Managing Liquidity Risk on the Balance Sheet 22. Managing Interest Rate and Insolvency Risk on the Balance Sheet 23. Managing Risk off the Balance Sheet with Derivative Securities 24. Managing Risk off the Balance Sheet with Loan Sales and Securitization FINANCIAL MARKET Extensive new coverage of and features related to the financial crisis of 2008-2009 have been integrated throughout the text. Virtually every chapter includes new material detailing how the financial crisis affected risk management in financial institutions. Examples of this new coverage include: By Pok Wee Ching, Mohd Nizal Haniff, Ganisen Sinnasamy, Rashid Ameer, Sharifah Fadzlon Abdul Hamid 2010 (December 2009) / 350 pages ISBN: 9789833850891 [Printed and Sold in Malaysia] New Appendix 1A describing events leading up to the financial crisis, events occurring at the peak of the crisis, and events associated with the aftermath of the crisis, including changes to financial institutions, the impact on the US and world economics, federal financial and fiscal rescue efforts, and proposed regulatory changes. A new boxed feature, Notable Events from the Financial Crisis, appears throughout the book. Chapter 4 includes discussion of the actions taken by the Federal Reserve and other international central banks during and after the financial crisis. Chapters 5 through 10 highlight the effects of the financial crisis on various financial markets and include discussions of the freezing of commercial paper markets, the municipal default crisis, the mortgage market meltdown, and the role of credit derivatives in the financial crisis. Chapter 13 provides a synopsis of the Wall Street Reform and Consumer Protection Act of 2010, the FDIC’s attempts to deal with the liquidity crisis, a discussion of the TARP Capital Purchase Program, and a review of the new international capital standards being implemented for depository institutions worldwide. Several chapters include discussions of major firms that have been lost or dramatically altered as a result of the financial crisis, including the failure of Bear Stearns, Lehman Brothers, and AIG; conversions of Goldman Sachs, Morgan Stanley, GMAC, and CIT Group to bank holding companies; the failure of Primary Reserve Money Market Funds, and the failure of CIT Group. Financial Market is an introductory textbook in the area of finance. The book discusses on various basic topics on Malaysian financial market such investing in shares, bonds and derivatives instruments. It endeavors to provide a clear, simple and practical style of delivering the subject matter to the reader via worked examples, graphs, tables and illustrations. This is to ensure readers have good grasps of the basic principles, theories and practical applications. The book also includes topics of regional and global importance such as the Asian Financial Crisis and recent US Subprime Mortgage Crisis to provide an understanding of the impact of the crisis to the financial market. Another key distinguishing feature of this book is it has included a chapter about the Malaysian Islamic Capital Market. The discussion about the various Islamic financial instruments has been kept simple without excessive technical and legal jargons. This clearly differentiates it from others on the shelf. The authors hope that the book’s focus on easy manner discussion approach to the various financial emerging topics would leave the reader intellectually stimulated and satisfied. Tables and figures in all chapters have been updated to include the most recent available data. Contents Part I. Introduction and Overview of Financial Markets 1. Introduction 2. Determinants of Interest Rates 3. Interest Rates and Security Valuation 4. The Federal Reserve System, Monetary Policy, and Interest Rates Part II. Securities Markets 5. Money Markets 6. Bond Markets 7. Mortgage Markets 8. Stock Markets 9. Foreign Exchange Markets 10. Derivative Securities Markets Part III. Commercial Banks 11. Commercial Banks: Industry Overview 94 An Asian Publication FINANCIAL MARKET ESSENTIALS By Christopher Viney 2010 (November 2010) ISBN: 9780070286658 McGraw-Hill Australia Title www.mhhe.com/au/viney_ess1e Christopher Viney is firmly established as Australia’s leading textbook author in Financial Institutions and Markets thanks to his marketleading title Financial Institutions Instruments & Markets. Now Viney has produced a completely new text to provide first year students with a quality, authoritative product in a package that meets the unique needs of a shorter, first year course: Financial Market Essentials. Financial Market Essentials is a ground-up text from a trusted name, specifically designed for use by academics that need a resource for a 12 week course. It is carefully crafted to cover the essentials without omitting important concepts. It strikes the right balance between real-world examples and theory, is full of current issues and topical cases and, thanks to Viney’s enthusiasm and style, this is a text that really engages students. Features Comprehensive coverage of globalisation, deregulation, technology and competition Finance, Insurance & Real Estate Finance Minutes case studies and chapter on government debt updated in light of current issues in finance 21 Interest rate swaps, currency swaps and credit default swaps New chapter on risk management and derivatives CONTENTS Ch 1. What is a financial system and how does it work? Ch 2. Interest rates, monetary policy and the economy Ch 3. Commercial banks and investment banks Ch 4. Personal finance Ch 5. Business finance Ch 6. Corporate finance Ch 7. The stock exchange Ch 8. Understanding the share market Ch 9. International financial markets Ch 10. Government debt and the payments system Ch 11. An introduction to risk management and derivatives Ch 12. Case studies in financial crises Bank Management International edition NEW *9780078034671* BANK MANAGEMENT & FINANCIAL SERVICES 9th Edition FINANCIAL INSTITUTIONS, INSTRUMENTS AND MARKETS By Peter S Rose, Texas A&M University and Sylvia C Hudgins, Old Dominion University 6th Edition By Christopher Viney, Deakin University 2009 ISBN: 9780070140899 McGraw-Hill Australia Title www.mhhe.com/au/viney6e This text discusses the structure, functions and operations of a modern financial system and, crucially, recognises that finance is a global business. Therefore, as well as solid integration of the local financial environment, the international aspect has been considered essential and means the text is as relevant to a commercial bank in Hong Kong as to an investment bank in Sydney. Comprehensively updated to take account of the continuing crisis in the world financial market, this text has been further improved with an additional chapter on risk management and derivatives. This provides flexibility to the lecturer, who may choose to cover the four chapters in Part 6 or rely simply on the more concise coverage of Chapter 18. Contents Part 1: Financial Institutions 1 A modern financial system: An overview 2 Commercial banks 3 Non-bank financial institutions Part 2: Equity Markets 4 The share market and the corporation 5 Corporations issuing equity in the share market 6 Investors in the share market 7 Forecasting share price movements Part 3: The Corporate Debt Market 8 Mathematics of finance: An introduction to basic concepts and calculations 9 Short-term debt 10 Medium- to long-term debt 11 International debt markets Part 4: Government, Debt, Monetary Policy, The Payment System & Interest Rates 12 Government debt, monetary policy and the payments system 13 An introduction to interest rate determination and forecasting 14 Interest rate risk measurement Part 5: The Foreign Exchange Market 15 Foreign exchange: The structure and operation of the FX market 16 Foreign exchange: Factors that influence the exchange rate 17 Foreign exchange: Risk identification and management Part 6: Derivative Markets and Risk Management 18 An introduction to risk management and derivatives 19 Futures contracts and forward rate agreements 20 Options 2013 (February 2012) / 768 pages ISBN: 9780078034671 ISBN: 9780071326421 [IE] www.mhhe.com/rosehudgins9e Bank Management and Financial Services, now in its ninth edition, is designed primarily for students interested in pursuing careers in or learning more about the financial services industry. It explores the services that banks and their principal competitors (including savings and loans, credit unions, security and investment firms) offer in an increasingly competitive financial-services marketplace. Contents PART ONE Introduction to Banking and Financial Services 1. An Overview of the Changing Financial-Services Sector 2. The Impact of Government Policy and Regulation on the FinancialServices Industry 3. The Organization and Structure of Banking and the FinancialServices Industry 4. Establishing New Banks, Branches, ATMs, Telephone Services, and Web Sites PART TWO Financial Statements and Financial-Firm Performance 5. The Financial Statements of Banks and Their principal Competitors 6. Measuring and Evaluating the Performance of Banks and Their Principal Competition PART THREE Tools for Managing and Hedging Against Risk 7. Risk Management for Changing Interest Rates: Asset-Liability Management and Duration Techniques 8. Risk Management: Financial Futures, Options, Swaps, and Other Hedging Tools 9. Risk Management: Asset-Backed Securities, Loan Sales, Credit Stanbys, and CreStandbysivatives PART FOUR Managing Investment Portfolios and Liquidity Positions for Financial Firms 10. The Investment Function in Financial Services Management 11. Liquidity and Reserves Management: Strategies and Policies PART FIVE Managing Sources of Funds for a Financial Firm 12. Managing and Pricing Deposit Services 13. Managing Nondeposit Liabilities 14. Investment Banking, Insurance, and Other Sources of Fee Income 15. The Management of Capital PART SIX Providing Loans to Businesses and Consumers 16. Lending Policies and Procedures: Managing Credit Risk 17. Lending to Business Firms and Pricing Business Loans 18. Consumer Loans, Credit Cards, and Real Estate Lending 95 Finance, Insurance & Real Estate International Financial Management Global edition NEW *9780078034657* Part Four: World Financial Markets and Institutions Chapter 11: International Banking and Money Market Chapter 12: International Bond Market Chapter 13: International Equity Markets Chapter 14: Interest Rate and Currency Swaps Chapter 15: International Portfolio Investment Part Five: Financial Management of the Multinational Firm Chapter 16: Foreign Direct Investment and Cross-Border Acquisitions Chapter 17: International Capital Structure and the Cost of Capital Chapter 18: International Capital Budgeting Chapter 19: Multinational Cash Management Chapter 20: International Trade Finance Chapter 21: International Tax Environment and Transfer Pricing INTERNATIONAL FINANCIAL MANAGEMENT 6th Edition By Cheol Eun, Georgia Inst of Tech and Bruce G Resnick, Wake Forest University 2012 (March 2011) / 576 pages ISBN: 9780078034657 ISBN: 9780071316972 [GE] - pub Oct 2011 www.mhhe.com/er6e International Financial Management is written based on two distinct parts: emphasis on the basics and emphasis on a managerial perspective. As capital markets of the world become more integrated, a solid understanding of international finance has become essential for astute corporate decision making. International Financial Management, Sixth Edition, provides students with a foundation for analysis that will serve them well in their careers ahead. The decision-making process is presented through the text with the goal of teaching students how to make informed managerial decisions in an evolving global financial landscape. International Financial Management has been completely updated with the most current data tables and statistics in the field today. New to this edition New and expanded coverage of recent economic developments such as the global financial crisis, the sovereign debt crisis of Europe, cross-listing and security regulation, and Basel III capital adequacy standards. Application of key concepts through real-world scenarios, illustrated by International Finance in Practice boxes, Mini-cases, and Case Applications. New real-world examples cover topics such as hedging, FX market growth, and the danger of currency swaps. Fully updated market data and statistics are integrated throughout the text. Some of this includes updated statistical analysis of international markets and diversification with small-cap stocks. International edition INTERNATIONAL CORPORATE FINANCE By Ashok Robin, Rochester Institute Technology 2011 (January 2010) / 512 pages ISBN: 9780073530666 ISBN: 9780071325868 [IE] www.mhhe.com/robin1e With the ongoing global economic crisis still taking full effect on today’s society, International Corporate Finance 1e brings a fresh approach and perspective on present events. This text focuses on a key player in this financial world: multinational corporations (MNC). By applying general financial concepts and procedures, it explains the conduct of financial management in MNCs. Because most corporations are either directly or indirectly affected by multinational entities and have a global exposure, a study of MNCH financial management has broad applicability. This new text takes a quantitative approach with an emphasis on excel spreadsheets and current examples. Contents Chapter 1: Introduction Chapter 2: International Financial Markets: Structure and Innovation Chapter 3: Currency and Eurocurrency Derivatives Chapter 4: Currency Systems and Valuation Chapter 5: Currency Parity Conditions Chapter 6: Currency Risk Exposure Measurement Chapter 7: Currency Exposure Management Chapter 8: Capital Budgeting Chapter 9: Advanced Capital Budgeting Chapter 10: Long Term Financing Chapter 11: Optimizing and Financing Working Capital Chapter 12: International Alliances and Acquisitions Chapter 13: International Trade Chapter 14: International Taxation and Accounting Chapter 15: International Portfolio Investments Contents Part One: Foundations of International Financial Management Chapter 1: Globalization and the Multinational Firm Chapter 2: International Monetary System Chapter 3: Balance of Payments Chapter 4: Corporate Governance Around the World Part Two: The Foreign Exchange Market, Exchange Rate Determination, and Currency Derivatives Chapter 5: The Market for Foreign Exchange Chapter 6: International Parity Relationships and Forecasting Foreign Exchange Rates Chapter 7: Futures and Options on Foreign Exchange Part Three: Foreign Exchange Exposure and Management Chapter 8: Management of Transaction Exposure Chapter 9: Management of Economic Exposure Chapter 10: Management of Translation Exposure 96 INTERNATIONAL FINANCE An Analytical Approach, 3rd Edition By Imad Moosa, La Trobe University 2009 (November 2009) ISBN: 9780070278516 McGraw-Hill Australia Title www.mhhe.com/au/moosa3e The third edition of Imad Moosa’s International Finance text has been significantly updated and revised in this long awaited third edition. The book is organised by starting with the basic concepts, markets, institutions and arrangements before moving on to a description of international financial operations. The book integrates international coverage with appropriate discussions of Australia and the regional context throughout. With a clear and engaging writing style, strong Finance, Insurance & Real Estate Financial Planning pedagogical framework and current data International Finance is the ideal choice for upper level undergraduate and postgraduate courses. Contents Ch 1 An Overview Ch 2 The Foreign Exchange Market Ch 3 The Balance of Payments and Effective Exchange Rate Ch 4 Exchange Rate Determination Ch 5 The International Monetary System and Exchange Rate Arrangements Ch 6 The Eurocurrency Market and International Banking Ch 7 International Banking Regulation and Basel Accords Ch 8 Exchange Rate Forecasting, Technical Analysis and Trading Rules Ch 9 Currency Futures and Swaps Ch 10 Currency Options Ch 11 International Arbitarage Ch 12 Foreign Exchange Risk and Exposure Ch 13 Foreign Exchange Risk Management Ch 14 International Short-Term Financing and Investment Ch 15 International Long-Term Financing and Investment Ch 16 Foreign Direct Investment and International Capital Budgeting Useful websites Currency symbols List of formulae Glossary Index Behavioral Finance International edition BEHAVIORAL CORPORATE FINANCE By Hersh Shefrin, Santa Clara University 2007 (November 2005) / 384 pages ISBN: 9780072848656 ISBN: 9780071257367 [IE] www.mhhe.com/shefrin Contents 1- Behavioral Foundations. 2- Valuation. 3- Capital Budgeting. 4- Perceptions About Risk and Return. 5- Inefficient Markets and Corporate Decisions. 6- Capital Structure. 7- Dividend Policy. 8- Agency Conflicts and Corporate Governance. 9- Group Process. 10- Mergers and Acquisitions. 11- Application of Real-Option Techniques to Capital Budgeting and Capital Structure (on the website only) financial planning and wealth management An International Perspective By Louis T W Cheng, Yan Tak Leung and Y H Wong 2009 (August 2008) / Softcover ISBN: 9780071249843 An Asian Publication Financial Planning and Wealth Management provides an updated date and detailed documentation on what financial planning and wealth management means and how it is being implemented in theory and practice. This textbook also provide insights on the future development of the professions, and new theoretical concepts that are not popular now but are critical to enhance the financial planning and wealth management services for clients in the long run. This book is the first of its kind published in Asia providing a holistic knowledge on financial planning and wealth management in a textbook format. Contents Part I Fundamental Concepts of Financial Planning and Wealth Management 1 An Overview of the Financial Planning and Wealth Management Professions 2 Financial Planning: Basic Concepts, Professional Ethics, and Practice Standards 3 Essential Concepts in Economics and Finance 4 Financial Planning Components (Part I) 5 Financial Planning Components (Part II) 6 Personal Profiling, Risk Profiling, and Life-cycle Analysis Part II The Financial Planning Process 7 Step 1: Establishing Client-Planner Relationship 8 Step 2: Determining Client Goals and Expectations and Gathering Client Data 9 Step 3: Determining Client’s Current Financial Status 10 Step 4: Developing and Presenting the Financial Plan 11 Steps 5 and 6: Implementing and Monitoring the Financial Plan Part III Wealth Management 12 Investment Techniques (Part I) 13 Investment Techniques (Part II) 14 Asset Allocation Strategies Part IV Advanced Topics 15 The Concept of Total Life Planning 16 Total Wealth Index 17 Conclusion REVIEW COPY (Available for course adoption only) To request for a review copy, contact your local McGraw-Hill representatives or, fax the Review Copy Request Form found in this catalog or, e-mail your request to mghasia_sg@mcgraw-hill.com or, submit online at www.mheducation.asia 97 Finance, Insurance & Real Estate Personal Finance The goal of building a personal financial plan is emphasized by the model: Learn, Plan & Act, Evaluate (LPAE). This model is updated in every chapter. Learn - bulleted summaries of the topics students have studied and the objectives achieved. International edition NEW *9780073530659* PERSONAL FINANCE By Robert Walker, Kirkwood Comm College 2013 (February 2012) / 704 pages ISBN: 9780073530659 ISBN: 9780071318181 [IE] This new book offers students a comprehensive and engaging treatment of personal finance, while incorporating unique themes, an application-driven pedagogy, and a definitive action plan. Unlike other texts on the market, it offers a frank and timely discussion of living within one’s means and incorporating personal values and priorities into a personal financial plan. The intent is to help readers set priorities that guide their finances, rather than the other way around. This book establishes a path toward financial freedom that is less about accumulating wealth and more about building a future tailored to individual goals. With Walker/Walker, your future looks bright! Plan & Act - a checklist of action items for students to do while setting up their financial plan. Evaluate - questions that help students analyze the effectiveness of their plan. An online Goal Tracker at the end of each chapter helps students create their own financial plan and align their personal goals with their finances. Worksheets, highlighted at the end of each chapter (and housed in full online), show students step-by-step how to get financial aspects of their lives under control. For example, in Chapter 5, a chapter on credit cards, one of the accompanying worksheets guides students through how to access a credit report, follow up on inaccuracies, and develop action plans to improve their overall score. QR Codes allow access to relevant content about current events remind students of the broader implications of personal finance. EATURES In addition, Personal Finance addresses two persistent course challenges: how to engage students in the material and how to reach students who lack the computational skills needed to solve financial problems. Personal Finance focuses on three main goals and themes: responsible financial decision making, alignment of personal and financial goals, and the importance of maintaining a personal financial plan. 1. Engaging Students – To help students become and stay engaged with the variety of personal finance topics in the course, the textbook includes: 1. Responsible Financial Decision Making – Before students can develop their own financial plan, they must understand the key terms, concepts, and principles of financial planning. To address that need, the text offers a comprehensive table of contents and pedagogical features, providing students with the foundation they need to make responsible financial decisions. Chapter-opening scenarios that make the topics real and relatable to student readers. Personal finance is, well, personal. The chapter-opening scenarios lay the groundwork for the importance of the chapter topic by sharing the stories of real people. These stories illuminate how financial planning (or the lack of) affects people differently depending on their age and life situation. Learning Objectives shape the organization and goals of each chapter. These objectives link to individual sections of the book and are referenced in the review and assessment materials, allowing instructors to assign the most important concepts in personal finance in a deliberate and complete fashion and test students’ mastery of that content. In the News boxes, which incorporate current events into the text. Examples of real-life situations to reinforce concepts and lessons. These examples are taken from current events, hypothetical situations, and actual experiences. Concept checks in the Making Sense boxes at the end of each section test students’ retention of key content. Financial Fitness boxes, which provide additional interesting and useful tips and information about different aspects of financial planning. Quality end-of-chapter concept questions and quantitative practice problems, along with a running case for concept application, allow additional opportunities for assessment and review. You’re the Expert cases, which are extended problems that put students in hypothetical situations and then ask them to lay out a financial plan and solve problems. 2. Alignment of Personal and Financial Goals – Personal Finance sets itself apart from the field by helping students direct their finances according to their goals. While maximizing wealth may well be in the long-term interests of many, not everyone is going to be wealthy – nor is everyone motivated by the pursuit of wealth. Similarly, the text examines the value of mindful spending and emphasizes the importance of living within one’s means by living simply, reducing consumption, and budgeting for a long-term, sustainable financial plan. Interesting quotes about finance. Students have enjoyed the Walkers’ quotes and have demonstrated their enthusiasm by sharing new ones, many of which are included in this volume. Financial Fitness / Stopping Little Leaks boxes give creative and, in some cases, eye-opening tips about how cutting down on small, unnecessary spending can lead to big savings. An online Every Penny Counts spending journal and instructions for using it effectively encourages mindful spending. Maintaining a Personal Financial Plan – Students are encouraged to actively assess their relationship with money by including in every section examples relevant to students’ lives and plans. In this way, the text teaches students to make and review financial plans as a lifelong habit. 98 Live and interactive media through the authors’ blog (www.frugalfunandfinancialfitness.blogspot.com) and Twitter account (@frugalfinances). Through these resources, students can access additional articles, tips, and thoughts about finance directly from the authors. QR codes, which enable students to use their smartphones to access relevant, updated content about current events or chapter quizzes directly from the Walker website. 2. Solving Financial Problems – To help students master the math in personal finance, the text incorporates the following strategies and tools: A detailed explanation of time value of money early in the book (Chapter 2). This allows students time to learn the concept and then move on to applying it throughout the course, in different areas of personal finance. Finance, Insurance & Real Estate Doing the Math boxes throughout each chapter present example problems that require the use of financial calculations to solve. Connect Finance offers a number of powerful tools and features to make managing assignments easier, so you can spend more time teaching. Students can engage with their coursework anytime and anywhere, making the learning process more accessible and efficient. Create and deliver online, auto-graded homework assignments, quizzes, and tests directly from the end-of-chapter materials or test bank. Problems are available as both static and algorithmic problems, and there are also multiple-choice conceptual questions. Students receive immediate, detailed feedback on their assignments, allowing them to focus on the areas where they need improvement. Questions mapped to AACSB skill areas, Bloom’s Taxonomy levels, and difficulty level enable you to run reports that assess specific learning outcomes. Interactive Applications stimulate critical thinking and reinforce key concepts, and students receive immediate feedback and can track their progress in their own report. Students will be asked to “click and drag” specific choices to make decisions, categorize, or put in a time sequence, and then are asked multiple-choice questions to confirm understanding of the key concepts of the activity. Detailed Feedback offers the option to present worked-out solutions to the problem, showing the students each step of the process. Appropriate chapters and problems include calculator keystroke solutions in addition to formulas. A Self Quiz and Study program allows students to evaluate their performance through a practice test and then receive recommendations for specific readings from the text, supplemental study material, and practice work that will improve their mastery of each learning objective. Pre-built assignments are available to save you set up time. Connect Plus Finance combines all the great features of Connect Finance, along with access to an online version of Personal Finance, so that students can easily refer back to the text for review and guidance. This media rich e-book links directly to tutorials and online resources. CONTENTS Section One: MONEY $ MONEY $ MONEY $ Chapter 1 Money Matters: Values, Vision, Mission, and You Chapter 2 Time Value of Money Chapter 3 Planning and Budgeting Chapter 4 Financial Instruments and Institutions Section Two: CREDIT MANAGEMENT Chapter 5 Consumer Credit: Credit Cards and Student Loans Chapter 6 Credit Bureau Reports and Identity Theft Chapter 7 Auto and Home Loans Chapter 8 Debt, Foreclosure, and Bankruptcy Section Three: LIMITING YOUR LIABILITY Chapter 9 Tax Management Chapter 10 Insurance: Covering Your Assets Section Four: WEALTH ACCUMULATION Chapter 11 Investment Basics Chapter 12 Mutual Funds Chapter 13 Stocks Chapter 14 Bonds Chapter 15 Real Estate Investments Section Five: PERPETUAL PAYOFFS Chapter 16 Retirement and Estate Planning Chapter 17 Financial Planning for Life International edition NEW *9780073530697* PERSONAL FINANCE 10th Edition By Jack R Kapoor, College of Dupage, Les R Dlabay, Lake Forest College and Robert J Hughes, Dallas County Comm College 2012 (January 2011) / 768 pages ISBN: 9780073530697 ISBN: 9780071327657 [IE] www.mhhe.com/kapoor10e Your journey to financial freedom starts here! Kapoor/Dlabay/Hughes’ market-leading Personal Finance provides practical guidance on how students can achieve peace of mind with regard to their financial situation. It provides many financial planning tools using a step-by-step approach to help students identify and evaluate choices as well as understand the consequences of decisions in terms of opportunity costs. Managing money in order to obtain freedom from financial worries – that’s what the 10th edition of Personal Finance is all about! New to this edition McGraw-Hill Connect Finance Connect Finance offers a number of powerful tools and features to make managing assignments easier, so you can spend more time teaching. Students can engage with their coursework anytime and anywhere, making the learning process more accessible and efficient. In short, Connect Finance facilitates student learning and optimizes your time and energies, enabling you to focus on course content, teaching, and student learning. Create and deliver online, auto-graded homework assignments, quizzes, and tests directly from the end-of-chapter materials or test bank. Problems are available as both static and algorithmic problems, and there are also multiple-choice conceptual questions. Students receive immediate, detailed feedback on their assignments, allowing them to focus on the areas where they need improvement. Questions mapped to AACSB skill areas, Bloom’s Taxonomy levels, and difficulty level enable you to run reports that assess specific learning outcomes. LearnSmart ensures your students are learning faster, studying more efficiently, and retaining more knowledge. It pinpoints concepts the student does not understand and maps out a personalized study plan for success. Based on students’ self-diagnoses of their proficiency, LearnSmart intelligently provides students with a series of adaptive questions. This provides students with a personalized one-on-one tutor experience. Interactive Applications stimulate critical thinking and reinforce key concepts, and students receive immediate feedback and can track their progress in their own report. Students will be asked to “click and drag” specific choices to make decisions, categorize, or put in a time sequence, and then are asked multiple-choice questions to confirm understanding of the key concepts of the activity. A Self Quiz and Study program allows students to evaluate their performance through a practice test and then receive recommendations for specific readings from the text, supplemental study material, and practice work that will improve their mastery of each learning objective. Pre-built assignments are available to save you set up time. Connect Plus Finance. This packaging option combines all the great features of Connect Finance, along with access to an online 99 Finance, Insurance & Real Estate version of Personal Finance, linked to additional study features, so that students can easily refer back to the text for review and guidance. In response to the economic crisis, the authors address the real and changing financial needs and dilemmas of students. For example, the book guides students through career planning and discusses the importance of identifying their own strengths and weaknesses as well as opportunities and threats within their chosen field. In a time when finding a job is especially challenging, the book also suggests actions for improving employability in tough economic times. In addition, Personal Finance, 10e addresses getting and staying out of debt; financing college education; managing a future financial crisis; and investing in conservative securities to minimize losses during economic downturns. Every chapter has been revised and updated with information most relevant to today’s students. New material includes coverage of: Financial planning, housing, and banking phone applications Social entrepreneurship as a career option Cross-cultural financial services Rent-to-buy options New legislation including the Credit Card Act of 2009, The Patient Protection and Affordable Care Act, and The Health Care and Education Reconciliation Act of 2010 The Tenth Edition builds on an already unmatched pedagogical program with the following new features: How To boxes in every chapter walk students step by step through specific personal finance activities such as filing taxes online or opening a brokerage account. New “My Life Stages” boxes at the end of each chapter recommend to students the financial preparations they should consider at different stages in their life. This addresses the needs of changing demographics within the personal finance course area since it now includes many returning and part time students. Contents Part 1 Planning Your Personal Finances 1 Personal Finance Basics and the Time Value of Money Appendix: The Time Value of Money 2 Financial Aspects of Career Planning Appendix: Resumes, Cover Letters, and Interviews 3 Money Management Strategy: Financial Statements and Budgeting 4 Planning Your Tax Strategy Part 2 Managing Your Personal Finances 5 Financial Services: Savings Plans and Payment Accounts 6 Introduction to Consumer Credit 7 Choosing a Source of Credit: The Costs of Credit Alternatives Part 3 Making Your Purchasing Decisions 8 Consumer Purchasing Strategies and Legal Protection 9 The Housing Decision: Factors and Finances Part 4 Insuring Your Resources 10 Property and Motor Vehicle Insurance 11 Health, Disability, and Long-Term Care Insurance 12 Life Insurance Part 5 Investing Your Financial Resources 13 Investing Fundamentals 14 Investing in Stocks 15 Investing in Bonds 16 Investing in Mutual Funds 17 Investing in Real Estate and Other Investment Alternatives Part 6 Controlling Your Financial Future 18 Starting Early: Retirement Planning 19 Estate Planning Appendixes Appendix A: Financial Planners and Other Financial Planning Information Sources Appendix B: Consumer Agencies and Organizations Appendix C: Daily Spending Diary Endnotes Photo Credits Index Personal Financial Planner 100 NEW *9780071078863* MANAGING YOUR PERSONAL FINANCE By Patrick Kheng Ping Chan 2011 (August 2010) / 160 pages ISBN: 9780071078863 An Asian Publication Managing Your Personal Finances aims to increase the financial literacy of individuals and help them to better manage their finances. Covering the insights and various elements of personal financial planning, this book equips them with the financial road map and tools, via a structured financial planning process alongside relevant case studies and useful pointers, to help them achieve their financial goals. Managing Your Personal Finances lays the foundation essential for managing one’s personal finances. The book is organized into 5 main parts focusing on the 5G of wealth management. Contents Preface About the Author Part 1- Grounding your wealth Chapter 1 Why do you want to be a millionaire? Chapter 2 Mind your own finances Chapter 3 Financial health checkup Part 2- Generating your wealth Chapter 4 Creation of wealth: Multiple sources of income Chapter 5 Cash management: Making your money work harder than you Part 3- Guarding your wealth Chapter 6 Wealth preservation with debt management Chapter 7 Wealth preservation with tax planning Chapter 8 Wealth protection with insurance planning Part 4- Growing your wealth Chapter 9 Compounding your money for wealth growth Chapter 10 Wealth accumulation with investment Part 5 – Giving your wealth Chapter 11 Wealth accumulation for retirement Chapter 12 Wealth distribution with estate planning References International edition PERSONAL FINANCIAL PLANNING By Lewis J Altfest, PACE University 2007 (April 2006) / 704 pages ISBN: 9780072536409 ISBN: 9780071252935 [IE] www.mhhe.com/altfest CONTENTS PART I PLANNING BASICS. Chapter 1 Introduction to PFP. Chapter 2 Time Value of Money. Chapter 3 Beginning the Planning Process. PART II ONGOING HOUSEHOLD PLANNING. Chapter 4 Household Finance. Chapter 5 Financial Statements Analysis. Chapter 6 Cash Flow Planning. Finance, Insurance & Real Estate Chapter 7 Debt. PART III PORTFOLIO MANAGEMENT. Chapter 8 Non Financial Investments. Chapter 9 Financial Investments. Chapter 10 Risk Management. PART IV SPECIALIZED PLANNING. Chapter 11 Other Insurance. Chapter 12 Retirement Planning. Chapter 13 Educational Planning. PART V TAX AND ESTATE PLANNING. Chapter 14 Tax Planning. Chapter 15 Estate Planning. PART VI PLANNING ESSENTIALS. Chapter 16 Stocks, Bonds and Mutual Funds. Chapter 17 Background Topics. PART VII INTEGRATED DECISION MAKING. Chapter 18 Capital Needs Analysis. Chapter 19 Behavioral Financial Planning. Chapter 20 Completing the Process. PART VIII FURTHER SPECIALIZED TOPICS. A. Special Circumstances Planning. B. Career Basics. C. Regulation. Appendix A Modern Investment Theory. Appendix B Employee Benefits. Appendix C Behavioral Finance-Applications. Appendix D Comprehensive Financial Plan-Dan and Laura. *Web based Finance for the Non-Financial Managers International edition NEW hypothesis, fair value accounting, and the financial rating agencies in precipitating the crisis. The examination of Kraft Foods Corporation’s $23 billion hostile takeover of British confectioner Cadbury Plc, including the role played by activist investor Nelson Peltz. Expanded coverage of real options analysis, including decision trees. An update of the empirical evidence on corporate restructuring and shareholder value creation. The use of Sensient Technologies Corporation (SXT), the world’s largest food and beverage color company, as an extended example throughout the book. Fresh examples throughout the text, including new company examples and updated data to keep the text at the forefront of currency. Contents Part I: Assessing the Financial Health of the Firm Chapter 1: Interpreting Financial Statements Chapter 2: Evaluating Financial PerformanceAppendix: International Differences in Financial Structure Part II: Planning Future Financial Performance Chapter 3: Financial Forecasting Chapter 4: Managing Growth Part III: Financing Operations Chapter 5: Financial Instruments and Markets Appendix: Using Financial Instruments to Manage Risks Chapter 6: The Financing Decision Appendix: The Irrelevance Proposition Part IV: Evaluating Investment Opportunities Chapter 7: Discounted Cash Flow Techniques Appendix: Mutually Exclusive Alternatives and Capital Rationing Chapter 8: Risk Analysis in Investment Decisions Appendix: Asset Beta and Adjusted Present Value Chapter 9: Business Valuation and Corporate Restructuring Appendix: The Venture Capital Method of Valuation Appendix A: Present Value of $1 Appendix B: Present Value of an Annuity of $1 Glossary Suggested Answers to Odd-Numbered End-of-Chapter Problems *9780078034688* ANALYSIS FOR FINANCIAL MANAGEMENT 10th Edition By Robert C Higgins, University of Washington 2012 (December 2011) / 480 pages ISBN: 9780078034688 ISBN: 9780071086486 [IE] www.mhhe.com/higgins10e Analysis for Financial Management, 10e presents standard techniques and modern developments in a practical and intuitive manner with an emphasis on the managerial applications of financial analysis. It is intended for non-financial managers and business students interested in the practice of financial management. New to this edition Invitation to Publish McGraw-Hill is interested to review your textbook proposals for publication. Please contact your local McGraw-Hill office or email to asiapub@mcgraw-hill.com. Visit McGraw-Hill Education (Asia) Website: http://www.mheducation.asia/publish/ Discussion of relevant aspects of the recent financial crisis, with emphasis on the possible roles played by the efficient market 101 Finance, Insurance & Real Estate Risk Management International edition Mathematics of Finance NEW RISK MANAGEMENT AND INSURANCE *9780071288934* Financial Mathematics for Actuaries 2nd Edition By Scott Harrington and Gregory Niehaus of University So CarolinaColumbia 2004 / 704 pages ISBN: 9780072339703 ISBN: 9780071232449 [IE - 2 Color Text] By Wai-Sum Chan, Chinese University of Hong Kong and Yiu-Kuen Tse, Singapore Management University www.mhhe.com/hn2e CONTENTS 1. Risk and Its Management 2. Objectives of Risk Management 3. Risk Identification and Measurement 4. Pooling Arrangements and Diversification of Risk 5. Insurer Ownership, Financial, and Operational Structure 6. Insurance Regulation 7. Insolvencies, Solvency Ratings,and Solvency Regulation 8. Insurance Pricing 9. Risk Aversion and Risk Management by Individuals and Corporations 10. Insurability of Risk, Contractual Provisions, and Legal Doctrines 11. Loss Control 12 Legal Liability for Injuries 13. Automobile Insurance 14. Homeowners Insurance 15. Life Insurance and Annuities 16. Employee Benefits: Overview and Group Medical Coverage 17. Retirement Plans 18. Workers’ Compensation and Employee Injuries 19. Social Security 20. Corporate Risk Management and Shareholder Wealth 21. Tax, Regulatory, and Accounting Factors Affecting Corporate Risk Management 22. Risk Retention/Reduction Decisions 23. Commercial Insurance Contracts 24. Hedging Risk with Derivative Contracts 25. Alternative Risk Transfer 26. Analysis Tools used in Corporate Risk Management 27. Enterprise Risk Management: A Case Study 28. Corporate Liability to Customers, Third Parties, and Shareholders 29. Issues in Liability Risk and It’s Management 2011 (Oct 2010) / 336 pages ISBN: 9780071288934 An Asian Publication This is an introductory textbook on the mathematics of interest rates for actuarial science students. It is written at a level of rigor that is required for students majoring in actuarial science and prepares them for further analysis of financial instruments. It emphasizes an intuitive treatment of the mathematics of finance and insurance, with special attention to applications. Each chapter contains many examples illustrating the applications of mathematical analysis to financial products and personal financial management. The authors use the financial functions in Excel as the computational tool in this book, which are illustrated through numerous examples. Contents About the Authors Preface List of Mathematical Symbols Chapter 1 Interest Accumulation and Time Value of Money Chapter 2 Annuities Chapter 3 Spot Rates, Forward Rates and the Term Structure Chapter 4 Rates of Return Chapter 5 Loans and Costs of Borrowing Chapter 6 Bonds and Bond Pricing Chapter 7 Bond Yields and the Term Structure Chapter 8 Bond Management Chapter 9 Stochastic Interest Rates Appendix A Review of Mathematics and Statistics Appendix B Answers to Selected Exercises Index BUSINESS MATHEMATICS By Zin Ibrahim and Daud Mohamad 2008 / 292 pages ISBN: 9789833850280 An Asian Publication Business Mathematics is an introductory text on the practical applications of mathematics in business. Using examples and exercises, the book illustrates the derivation of common business applications like compound interest and annuity. Each section in this book builds upon concepts from previous sections, thus guiding the reader to a gradual understanding of the material in its entirety. Although this book is aimed at students taking business-related courses, non-business students who want to understand the calculation of financial charges will also find the book useful. 102 Finance, Insurance & Real Estate Financial System FINANCIAL AND ACTUARIAL MATHEMATICS By Yiu-Kuen Tse, Singapore Management University and Wai-Sum Chan, Chinese University of Hong Kong 2007 (January 2007) / 400 pages ISBN: 9780071258562 An Asian Publication This is an introductory textbook covering the mathematics of interest rates, life contingencies and loss models. It can be adopted as (1) the main text of a one-semester first course in the mathematics of interest rates and actuarial mathematics, using selected chapters and sections, (2) as the main text of a one-semester first course in the mathematics of interest rates and investments, using all chapters in Part I, or (3) as a supplementary text of a one-semester first course in actuarial mathematics, using all chapters in Part II. CONTENTS About the Authors Preface List of Mathematical Symbols Part I Financial Mathematics Chapter 1 Interest Accumulation and Time Value of Money Chapter 2 Annuities Chapter 3 Rates of Return Chapter 4 Amortization and Sinking Fund Chapter 5 Bonds Chapter 6 Bond Management Chapter 7 Applications Chapter 8 Stochastic Interest Rates Part II Actuarial Mathematics Chapter 9 Survival Models and Life Contingencies Chapter 10 Life Insurance, Life Annuities and Net Premiums Chapter 11 Short-term Risk Models for Life Insurance Appendices Answer Key Index SCHAUM’S OUTLINE OF MATHEMATICAL FINANCE ESSENTIALS OF FINANCIAL SERVICES 2nd Edition By S Gurusamy, DG Vaishnav College 2009 (March 2009) / 452 pages ISBN: 9780070083103 McGraw-Hill India Title It is designed to suit the requirements of undergraduate students of commerce and management. This book provides a thorough foundation to the subject of Financial Services. It deals with contemporary topics like merchant banking, venture capital , pension funds and covers the syllabus on toto. Contents 1. Financial Services: An Overview 2. Financial Services Environment 3. Merchant Banking 4. Public Issue Management 5. New Issues Market (NIM) 6. Underwriting of Securities 7. Capital Market 8. Stock Exchange 9. SEBI: Functions and Working 10. Leasing 11. Accounting for Lease Framework 12. Hire Purchase 20. Pension Plan 13. Factoring 14. Consumer Finance 15. Venture Capital 16. Mutual Funds 17. Credit Rating 18. Insurance: An Overview 19. Insurance: Regulatory 2nd Edition By Robert L Brown, University of Waterloo, Canada, and Petr Zima, Conestoga College, Canada 2011 (January 2011) / 304 pages ISBN: 9780071756051 A Schaum Publication Now updated to reflect the changing environment of business finance, this book includes new material on life insurance, life annuities, and more. Students learn how to master effective problem-solving techniques with 1,224 practice problems and questions. The large number and variety of practical applications offer a feel for how to conduct business and financial transactions in the real world. Finally, review problems offer the opportunity for more study or self-testing. FINANCIAL SERVICES 2nd Edition By S Gurusamy, DG Vaishnav College 2009 (May 2009) / 590 pages ISBN: 9780070153349 McGraw-Hill India Title Financial Services an important segment of the financial system, is considered an essential adjunct for the development. This book Financial Services provides a comprehensive coverage of contemporary topics such as Factoring, Leasing, Venture Capital Financing, Insurance, Pension Funds and Micro-Financial services. Contents 1. Financial Services: An overview 2. Credit Cards 3. Debit Card 4. Smart Cards 5. Credit Rating 6. Commercial Bill Financing 7. Consumer Finance 8. Hire Purchase Finance 9. Insurance Services 10. Factoring and Forfeiting 11. Leasing-An Overview 12. Accounting and Reporting for Lease 13. Lease Evaluation 103 Finance, Insurance & Real Estate 14. Merchant Banking 15. Mutual Funds 16. Money Market Mutual Funds (MMMFs) 17. Public Issue Management 18. Public Issue of Securities: A Conceptual Framework 19. Securitization 20. Stock-Invest 21. Underwriting of securities 22. Book-Building 23. Venture Capital: An overviews 24. Venture Capital Funds- Regulatory Framework 25. Venture Capital in India 26. Infrastructure Financing Services 27. Housing Financing Services 28. M&A Advisory Services 29. Portfolio Management Services 30. Credit Syndication Services 31. Asset-Liability Management Services (ALMS) 32. Custodial Services 33. Micro Financial Services 34. Depository (Demat) Services 35. Depository Receipts 36. Non-Banking Financial Institutions (NBFIs) 37. Stock-Trading 38. Pension Fund: An Overview FINANCIAL SERVICES AND SYSTEMS 2nd Edition By S Gurusamy, DG Vaishnav College 2009 (June 2009) / 456 pages ISBN: 9780070153356 McGraw-Hill India Title A good text book on this subject written by a well-known author. This book can be pitched in where our other titles on this subject do not fit well for any reason. Contents Financial System 1. Financial System-An Overview 2. Macroeconomic Aggregates 3. Indian Financial System 4. Profile of Entrepreneur 5. Global Financial System 6. Capital Structure Decisions Financial Services 7. Financial Services-An Overview 8. Book Building 9. Credit Cards 10. Debit Cards 11. Smart Cards 12. Credit Rating 13. Commercial Bill Financing 14. Consumer Finance 15. Hire Purchase Finance 16. Insurance Services 17. Factoring and Forfeiting 18. Leasing-An Overview 19. Accounting and Reporting for Lease 20. Lease Evaluation 21. Merchant Banking 22. Mutual Funds 23. Money Market Mutual Funds 24. Public Issue Management 25. Securitization 26. Stock Invest 27. Underwriting of Securities 28. Venture Capital-An Overview 104 29. Venture Capital Funds-Regulatory Framework 30. Venture Capital in India FINANCIAL SERVICES 5th Edition By M Y Khan, University of Delhi 2009 (October 2009) / 960 pages ISBN: 9780070681996 McGraw-Hill India Title www.mhhe.com/khanfs5e This new edition of the leading text book on Financial Services is aimed at reflecting the current regulatory and policy developments in the financial sector in India. The recent economic depression world wide has led to a shift in many policies for this sector. The book aims to capture them well. This book will continue to be useful to the students of the management as well as commerce disciplines. It will also cater to the needs of professionals in the financial services sector as a valuable source of reference Contents Chapter 1. Non-Banking Financial Companies Chapter 2. Theoretical and Regulatory Framework of Leasing Chapter 3. Accounting/Reporting Framework and Taxation of Leasing Chapter 4. Financial Evaluation of Leasing Chapter 5. Hire-Purchase Finance and Consumer Credit Chapter 6. Factoring and Forfaiting Chapter 7. Bills Discounting Chapter 8. Housing Finance Chapter 9. Insurance Services and Products Chapter 10. Venture Capital Financing Chapter 11. Banking: Products and Services Chapter 12. Mutual Funds: Products and Services Chapter 13. Issue Management: Intermediaries Chapter 14. Issue Management: Activities / Procedures Chapter 15. Issue Management: Pre-Issue and Post-Issue Obligations and Other Requirements Chapter 16. Corporate Restructuring Chapter 17. Stock Broking, Depositories, Custodial Services and Securities Lending Scheme Chapter 18. Credit Rating Invitation to Publish McGraw-Hill is interested to review your textbook proposals for publication. Please contact your local McGraw-Hill office or email to asiapub@mcgraw-hill.com. Visit McGraw-Hill Education (Asia) Website: http://www.mheducation.asia/publish/ Finance, Insurance & Real Estate Upper Division Insurance Real Estate Principles, Analysis & Management International edition THEORY OF INTEREST 3rd Edition By Stephen Kellison 2009 (February 2008) / 480 pages ISBN: 9780073382449 ISBN: 9780071276276 [IE] www.mhhe.com/kellison3e The third edition of The Theory of Interest is significantly revised and expanded from previous editions. The text covers the basic mathematical theory of interest as traditionally developed. The book is a thorough treatment of the mathematical theory and practical applications of compound interest, or mathematics of finance. The pedagogical approach of the second edition has been retained in the third edition. The textbook narrative emphasizes both the importance of conceptual understanding and the ability to apply the techniques to practical problems. The third edition has considerable updates that make this book relevant to students in this course area. Contents Chapter 1: The Measurement of Interest Chapter 2: Solution of Problems in Interest Chapter 3: Basic Annuities Chapter 4: More General Annuities Chapter 5: Amortization Schedules and Sinking Funds Chapter 6: Bond and Other Securities Chapter 7: Yield Rates Chapter 8: Practical applications Chapter 9: More advanced financial analysis Chapter 10: The term structure of interest rates Chapter 11: Duration, convexity and immunization Chapter 12: Stochastic approaches to interest Chapter 13: Options and other derivatives APPENDIXES Appendix A: Table numbering the days of the year Appendix B: Illustrative mortgage loan amortization schedule Appendix C: Basic mathematical review Appendix D: Statistical background Appendix E: Iteration methods Answers to the exercises Glossary of notation Index International edition REAL ESTATE PRINCIPLES A Value Approach, 3rd Edition By David C Ling and Wayne Archer of University of Florida at Gainesville 2010 (October 2009) / 704 pages ISBN: 9780073377322 ISBN: 9780070167131 [IE] www.mhhe.com/lingarcher3e Real Estate Principles: A Value Approach demonstrates how value is central to virtually all real estate decision-making. Students using Ling and Archer should finish the course with a value-oriented framework, and a set of valuation and decision making tools that can be applied in a variety of real-world situations. The key to making sound investment decision is to understand how property values are created, maintained, increased or destroyed. Since the launch of Real Estate Principals: A Value Approach, 2e significant and lasting changes have come upon the world of real estate. This is very true in real estate finance and capital sources where most of the traditional lenders have been transformed or displace, giving way to a radically different set of player in mortgage finance. There has been change as well with profound and far-reaching implications in a world where it is understandable that property values can go down as well as up. This realization will color every aspect of real estate investment, finance and transactions for the foreseeable future. Contents Part 1: Setting the Stage Chapter 1: The Nature of Real Estate and Real Estate Markets Chapter 2: Value and Real Estate Decisions Part 2: Legal and Regulatory Determinants of Value Chapter 3: Legal Foundations to Value Chapter 4: Conveying Real Property Interests Chapter 5: Government Controls and Real Estate Markets Part 3: Market Analysis and Appraisal Chapter 6: Market Determinants of Value Chapter 7: Forecasting Ownership Benefits and Value: Market Research Chapter 8: Valuation Using the Sales Comparison and Cost Approaches Chapter 9: Valuation Using the Income Approach Part 4: Financing Home Ownership Chapter 10: Real Estate Finance: The Laws and Contracts Chapter 11: Residential Mortgage Types and Borrower Decisions Chapter 12: Sources of Funds for Residential Mortgages Part 5: Brokering and Closing the Transaction Chapter 13: Real Estate Brokerage and Listing Contracts Chapter 14: Contracts for Sale and Closing Part 6: Time, Opportunity Cost and Value Decisions Chapter 15: The Effects of Time and Risk on Value Chapter 16: Mortgage Calculations and Decisions Part 7: Financing and Investing in Commercial Real Estate Chapter 17: Commercial Mortgage Types and Decisions Chapter 18: Sources of Commercial Debt and Equity Capital Chapter 19: Investment Decisions: Ratios Chapter 20: Investment Decisions: NPV and IRR Chapter 21: Income Taxation and Value Part 8: Creating and Maintaining Value Chapter 22: Enhancing Value through Ongoing Management Chapter 23: Leases and Property Types Chapter 24: Development: The Dynamics of Creating Value 105 Finance, Insurance & Real Estate Real Estate Finance / Investment International edition REAL ESTATE FINANCE & INVESTMENTS 14th Edition By William B Brueggeman, Southern Methodist University and Jeffrey Fisher, Indiana University At Bloomington 2011 (February 2010) / 672 pages ISBN: 9780073377339 ISBN: 9780071289184 [IE] www.mhhe.com/bf14e The Fourteenth Edition of Real Estate Finance and Investments prepares students to understand the risks and rewards associated with investing in and financing both residential and commercial real estate. Concepts and techniques included in the chapters and problem sets are used in many careers related to real estate. The material in this edition is also relevant to individuals who want to better understand real estate for their own personal investment and financing decisions. The Fourteenth Edition is designed to help students learn how to evaluate the risk and return associated with the various ways of investing and lending. Upcoming students who are interested in this field can use this book as a guide to perform the right kind of analysis to make informed real estate finance and investment decisions. Contents Part One Introduction 1 Real Estate Investment: Legal Concepts 2 Basic Real Estate Financing: Notes and Mortgages 3 Mortgage Law Foundation: The Time Value of Money Part Two Financing Residential Properties 4 Fixed Rate Mortgage Loans 5 Adjustable and Floating Rate Mortgage Loans 6 Mortgages: Additional Concepts, Analysis, and Applications 7 Single Family Housing: Pricing, Investment, and Tax Considerations 8 Underwriting and Financing Residential Properties Part Three Financing Income Properties (Debt and Equity) 9 Income-Producing Properties: Leases, Rents, and the Market for Space 10 Valuation of Income Properties: Appraisal and the Market for Capital 11 Investment Analysis and Taxation of Income Properties 12 Financial Leverage and Financing Alternatives 13 Risk Analysis 14 Disposition and Renovation of Income Properties 15 Financing Corporate Real Estate Part Four Financing Proposed Projects 16 Financing Project Development 17 Financing Land Development Projects Part Five Alternative Real Estate Financing and Investment Vehicles 18 Structuring Real Estate Investments: Organizational Forms and Joint Ventures 19 The Secondary Mortgage Market: Pass-Through Securities 20 The Secondary Mortgage Market: CMOs and Derivative Securities 21 Real Estate Investment Trusts (REITs) 22 Real Estate Investment Performance and Portfolio Considerations Index 106 Professional References ISLAMIC FINANCE AND BANKING SYSTEM By Sudin Haron and Wan Nursofiza Wan Azmi 2009 (July 2009) / 548 pages ISBN: 9789833850303 (Softcover) ISBN: 9789833850617 (Hardcover) A Professional Asian Publication This book, Islamic Finance and Banking System: Philosophies, Principles & Practices, introduces readers to the history and development of Islamic banking. It provides an in-depth discussion on the theoretical and conceptual aspects of Islamic banking. Key concepts in Islamic Finance and Banking, and how they are applied to provide alternative Islamic Financing options, are examined. The vibrant and thriving takaful industry and Islamic capital market are also explored here. In addition, the book evaluates the role and development of special organizations related to the Islamic financial system. CONTENTS Chapter 1: Fundamentals of Islamic Economic System Chapter 2: History and Development of the Islamic Banking System Chapter 3: Objectives, Philosophy and Principles of Islamic Banking Chapter 4: The Concept of Interest, Usury and Riba Chapter 5: Laws and Regulations of Islamic Banking Chapter 6: Operational Aspects and Practices of Islamic Banking System Chapter 7: Islamic Financial Markets Chapter 8: Islamic Insurance System Chapter 9: Organizations Related to the Islamic Banking System REVIEW COPY (Available for course adoption only) To request for a review copy, contact your local McGraw-Hill representatives or, fax the Review Copy Request Form found in this catalog or, e-mail your request to mghasia_sg@mcgraw-hill.com or, submit online at www.mheducation.asia Title Index A Accounting and Bookkeeping: Principles and Practice [Aust] Assoc of Accounting Technicians 62 Accounting for Decision-Making and Control, 7e Zimmerman Accounting for Derivatives and Hedging Trombley 43 Accounting for Governmental and NonProfit Entities, 16e Reck 54 Accounting Information and Reporting Systems [Aust] Aseervatham 38 Accounting Information Systems, 2e Hurt 37 Accounting Information Systems, 3e Hurt 37 Accounting Made Easy, 2e [India] Agrawal 18 Accounting: A Framework for Decision Making, 3e [Aust] Jackling 6 Accounting: Texts and Cases, 13e Anthony 60 Accounting: Understanding and Practice, 3e [UK] Perks 10 Accounting: What the Numbers Mean, 9e Marshall 58 Accounting: What the Numbers Mean, Revised 2nd Edition [Aust] Marshall 59 Advanced Accounting, 10e Hoyle 40 Advanced Accounting, 11e Hoyle 38 Advanced Financial Accounting, 9e Baker 40 Advanced Financial Accounting, Updated Edition [Asian] Tan 42 Analysis for Financial Management, 10e Higgins Apple Blossom Cologne Company: Audit Case, 5e Paul 49 Auditing & Assurance Services, 2e [UK] Eilifsen 47 Auditing & Assurance Services, 4e Louwers 46 Auditing & Assurance Services, 5e Louwers 43 Auditing & Assurance Services, 8e Messier 43 Auditing after Sarbanes-Oxley, 3e Thibodeau 46 Auditing and Assurance Services in Australia, 4e [Aust] Gay 48 Auditing and Assurance Services: An Applied Approach Stuart 44 Australian Financial Accounting, 6e [Aust] Deegan 19 Bank Management & Financial Services, 9e Rose 95 Behavioral Corporate Finance Shefrin 82, 97 Business Finance, 10e [Aust] Peirson 82 Business Mathematics [Asian] Ibrahim 102 49, 59 71, 101 B C Case Studies in Finance, 6e Bruner 78, 87 Casebook to accompany Foundations of Financial Management, 14e Block 77 Cases in Corporate Finance [India] Viswanath 88 Cases in Finance, 2e DeMello 88 Cases in Finance, 2e Nunnally 89 College Accounting Chapter 1-14 with Annual Report, 2e Wild 36 College Accounting Chapter 1-29 with Annual Report, 2e Wild 7, 37 College Accounting: A Contemporary Approach, 2e Haddock 35 College Accounting: Chapters 1-30, 13e Price 36 Computer Accounting Essentials using Quickbooks Pro 2011, 5e Yacht 30 107 Title Index Computer Accounting Essentials using Quickbooks Pro 2012, 6e Yacht 29 Computer Accounting using MYOB Business Software: Version 19.5, 13e [Aust] Neish 31 Computer Accounting with Peachtree by Sage Complete Accounting 2011: Release 19.0, 15e Yacht 30 Computer Accounting with Peachtree Complete 2012: Release 19.0, 16e Yacht 29 Computer Accounting with Quickbooks Pro 2011: MP - wQBPremAccCD, with Student CD, 13e Kay 29 Computer Accounting with Quickbooks Pro 2012, 14e Kay 29 Consolidated Financial Statements, 2e [Asian] Ng 41 Corporate Finance with S&P Card, 9e Ross 81 Corporate Finance: Core Principles and Applications, 3e Ross 81 Cost Accounting: Principles and Applications, 7e Brock 35 Cost Management: A Strategic Emphasis, 5e Blocher 34 Cost Management: Strategies for Business Decisions, 4e Hilton 34 Sundaram 92 Enterprise Information Systems: A Pattern-Based Approach, 3e Dunn 38 Equity Valuation and Analysis, 2e Lundholm 57 Essentials of Accounting for Governmental and Not-for-Profit Organizations, 11e Copley 53 Essentials of Advanced Financial Accounting Baker 39 Essentials of Coporate Finance, 2e [Aust Adaptation] Ross 76 Essentials of Corporate Finance, 7e Ross 74 Essentials of Financial Services, 2e [India] Gurusamy Essentials of Investments with S&P Card, 8e Bodie 85 Ethical Obligations and Decision-Making in Accounting: Text and Cases, 2e Mintz 46, 62 D Derivatives E 103 F Finance and Investments using the Wall Street Journal Crabb 79 Finance: Applications and Theory, 2e Cornett 68 Financial & Managerial Accounting, 16e Williams 5 Financial Accounting [India] Gabriel 18 Financial Accounting and Reporting [UK] Collins 19 Financial Accounting Theory, 2e [UK] Deegan 54 Financial Accounting Theory, 3e [Aust] Deegan 55 Financial Accounting, 15e Williams 14 Financial Accounting, 2e Spiceland 16 Financial Accounting, 7e Libby 15 Financial Accounting: A New Perspective Solomon 20 Financial Accounting: An IFRS Perspective [Asian Adaptation] Wild 16 Financial Accounting: Including International Financial Reporting Standards (IFRS) [Asian] Williams 19 Financial Accounting: Information for Decisions, 6e Wild 12 Financial Accounting: Making the Connection Spiceland 11 Financial Accounting: with IFRS Fold Out Primer, 5e Wild 17 Financial and Actuarial Mathematics [Asian] Tse 103 Financial Derivatives: Markets and Applications in Malaysia, 2e [Asian] Obiyathulla 108 92 Title Index Financial Institutions Management: A Risk Management Approach, 7e Saunders 93 Financial Institutions, Instruments and Markets, 6e [Aust] Viney 95 Financial Management for Beginners, 3e [Asian] Samad 75 Financial Management: Text, Problems and Cases, 6e [India] Khan Financial Market [Asian] Pok 94 Financial Market Essentials [Aust] Viney 94 Financial Markets & Institutions, 5e Saunders 93 Financial Markets and Corporate Strategy, 2e Grinblatt 82 Financial Markets and Corporate Strategy, 2e [UK Adaptation] Hillier 72 Financial Mathematics for Actuaries [Asian] Chan 102 Financial Planning and Wealth Management: An International Perspective [Asian] Cheng 97 Financial Reporting and Analysis, 5e Revsine Financial Services and Systems, 2e [India] Gurusamy 104 Financial Services, 2e [India] Gurusamy 103 Financial Services, 5e [India] Khan 104 Financial Statement Analysis and Security Valuation, 5e Penman 56 Financial Statement Analysis, 10e Subramanyan 57 FinGame 5.0 Participant’s Manual with Registration Code, 5e Brooks 78 Forensic Accounting and Fraud Examination, 2e Hopwood 61 Foundations of Financial Management with Time Value of Money Card, 14e Block 72 Fundamental Accounting Principles, 20e Wild 7 Fundamental Accounting Principles: Including International Financial Reporting Standards Wild 5 73, 80 56, 60 (IFRS) Fundamental Financial Accounting Concepts, 7e Edmonds 14 Fundamental Financial Accounting Concepts, 8e Edmonds 11 Fundamental Financial and Managerial Accounting Concepts with H-D Annual Report Edmonds 8 Fundamental Managerial Accounting Concepts, 6e Edmonds 23 Fundamentals of Advanced Accounting, 4e Hoyle 41 Fundamentals of Advanced Accounting, 5e Hoyle 39 Fundamentals of Corporate Finance [UK] Hillier 73 Fundamentals of Corporate Finance, 5e [Aust Adaptation] Ross 76 Fundamentals of Corporate Finance, 5e [UK Adaptation] Firer 71 Fundamentals of Corporate Finance, 7e Brealey 67 Fundamentals of Corporate Finance, 9e Ross 77 Fundamentals of Corporate Finance: Alternate Edition, 10e Ross 65 Fundamentals of Corporate Finance: An Asian Perspective [Asian Adaptation] Ross 74 Fundamentals of Corporate Finance: Standard Edition, 10e Ross 66 Fundamentals of Cost Accounting, 3e Lanen 33 Fundamentals of Financial Accounting with Annual Report, 3e Phillips 15 Fundamentals of Financial Management, 5e [India] Chandra 75 Fundamentals of Investment Management, 10e Hirt 83 Fundamentals of Investments, 6e Jordan 83 Fundamentals of Taxation: 2012 Edition, 5e Cruz 50 Futures and Options [Asian] Parameswaran 91 109 Title Index I Intermediate Accounting with British Airways Annual Report, 6e Spiceland 32 Intermediate Accounting, 7e Spiceland 31 Intermediate Financial Reporting: An IFRS Perspective [Asian] Lam 32 Intermediate Financial Reporting: An IFRS Perspective, 2e [Asian] Lam 31 International Accounting, 3e Doupnik 55 International Corporate Finance Robin 96 International Finance: An Analytical Approach, 3e [Aust] Moosa 96 International Financial Management, 6e Eun 96 Introduction to Accounting: An Integrated Approach, 6e Ainsworth Introduction to Financial Accounting, 6e [UK] Thomas 20 Introduction to Financial Accounting, 7e, (The) [UK] Thomas 13 Introduction to Managerial Accounting, 5e Brewer 27 Introduction to Managerial Accounting, 6e Brewer 22 Investment, 2e Hirschey 86 Investments, 9e Bodie 84, 87 Islamic Finance and Banking System [Asian Prof] Haron 106 M: Finance Cornett 69 Manageial Accounting, 14e Garrison 23 Management Accounting & Connect Plus, 6e [Aust] Langfield-Smith 25 Management Accounting for Business Decisions [UK] Seal 27 Management Accounting, 4e [UK Adapation] Seal 26 Management Accounting, 5e [India] Khan 28 Management Accounting, Revised Edition, 3e [Aust] Neish 28 Management Control Systems, 12e Anthony 61 Managerial Accounting Whitecotton 27 Managerial Accounting for Managers, 2e Noreen 26 Managerial Accounting, 9e Hilton 24 Managerial Accounting: An Asian Perspective [Asian] Garrison 24 Managing Your Personal Finance [Asian] Chan 100 McGraw-Hill’s Taxation of Individuals and Business Entities: 2013 Edition, 4e Spiler 50 McGraw-Hill’s Taxation of Individuals and Business Entitities: 2012 Edition, 3e Spilker 52 McGraw-Hill’s Taxation of Individuals: 2012 Edition, 3e Spilker 51 McGraw-Hill’s Taxation of Individuals: 2013 Edition, 4e Spilker 49 Merchant Banking and Financial Services, 3e [India] Gurusamy 89 Modern Advanced Accounting, 10e Larsen 42 Money and Capital Markets, 10e Rose 89 Peach Blossom Cologne Company, 4e Paul 48 Personal Finance Walker 98 Personal Finance, 10e Kapoor 99 Personal Financial Planning Altfest 100 Principles and Contemporary Issues in Internal Auditing [Asian] Mary Lee 6 M P 110 48 Title Index Principles of Accounting, 19e [Asian Adaptation] Wild 8 Principles of Auditing and Other Assurance Services, 18e Whittington 44 Principles of Corporate Finance, 10e Brealey 79 Principles of Corporate Finance: Concise, 2e Brealey 80 Principles of Taxation for Business and Investment Planning: 2012 Edition, 15e Jones 50 Principles of Taxation for Business and Investment Planning: 2013 Edition, 16e Jones 49 R Real Estate Finance & Investments, 14e Brueggeman 106 Real Estate Principles: A Value Approach, 3e Ling 105 Risk Management and Insurance, 2e Harrington 102 Running Money: Professional Portfolio Management Stewart 91 Schaum’s Easy Outline of Accounting, Revised Edition Lerner 9 Schaum’s Easy Outline of Bookkeeping and Accounting, Revised Edition Lerner 21 Schaum’s Easy Outline of Principles of Accounting Lerner 9 Schaum’s Outline of Bookkeeping and Accounting, 4e Lerner 8, 21, 62 Schaum’s Outline of Cost Accounting, 3e Polimeni 35 Schaum’s Outline of Financial Accounting, Revised 2nd Edition Shim 21 Schaum’s Outline of Financial Management, 3e Shim 9, 79 Schaum’s Outline of Intermediate Accounting I: Revised, 2e Englard 33 Schaum’s Outline of Intermediate Accounting II, 2e Englard 33 Schaum’s Outline of Investments, 2e Francis 86 Schaum’s Outline of Managerial Accounting, Revised 2nd Edition Shim 28 Schaum’s Outline of Mathematical Finance, 2e Brown 103 Schaum’s Outline of Principles of Accounting I, 5e Lerner 9 Schaum’s Outline of Principles of Accounting II, 4e Lerner 10 Schaum’s Quick Guide to Business Finance: 201 Decision-Making Tools for Business, Shim 79 Security Analysis and Portfolio Management [India] Sasidharan 90 Survey of Accounting, 3e Edmonds 58 Taxation in Singapore [Asian] Poh 52 Taxation of Business Entities: 2012 Edition, 3e Spilker 51 Taxation of Business Entities: 2013 Edition, 4e Spilker 49 Theory of Interest, 3e Kellison S Finance, and Accounting Students T 77, 105 U Understanding Mutual Funds [India] Shashikant 85 111 Author Index A Assoc of Accounting and Bookkeeping: Principles and Practice [Aust] 62 Accounting Technicians Agrawal Accounting Made Easy, 2e [India] 18 Ainsworth Introduction to Accounting: An Integrated Approach, 6e Altfest Personal Financial Planning Anthony Accounting: Texts and Cases, 13e 60 Anthony Management Control Systems, 12e 61 Aseervatham Accounting Information and Reporting Systems [Aust] 38 Baker Advanced Financial Accounting, 9e 40 Baker Essentials of Advanced Financial Accounting 39 Blocher Cost Management: A Strategic Emphasis, 5e 34 Block Casebook to accompany Foundations of Financial Management, 14e 77 Block Foundations of Financial Management with Time Value of Money Card, 14e 72 Bodie Essentials of Investments with S&P Card, 8e 85 Bodie Investments, 9e Brealey Fundamentals of Corporate Finance, 7e 67 Brealey Principles of Corporate Finance, 10e 79 Brealey Principles of Corporate Finance: Concise, 2e 80 Brewer Introduction to Managerial Accounting, 5e 27 Brewer Introduction to Managerial Accounting, 6e 22 Brock Cost Accounting: Principles and Applications, 7e 35 Brooks FinGame 5.0 Participant’s Manual with Registration Code, 5e 78 Brown Schaum’s Outline of Mathematical Finance, 2e 103 Brueggeman Real Estate Finance & Investments, 14e 106 Bruner Case Studies in Finance, 6e 6 100 B 84, 87 78, 87 C Chan Financial Mathematics for Actuaries [Asian] 102 Chan Managing Your Personal Finance [Asian] 100 Chandra Fundamentals of Financial Management, 5e [India] 75 Cheng Financial Planning and Wealth Management: An International Perspective [Asian] 97 Collins Financial Accounting and Reporting [UK] 19 Copley Essentials of Accounting for Governmental and Not-for-Profit Organizations, 11e 53 Cornett Finance: Applications and Theory, 2e 68 Cornett M: Finance 69 Crabb Finance and Investments using the Wall Street Journal 79 Cruz Fundamentals of Taxation: 2012 Edition, 5e 50 112 Author Index D Deegan Australian Financial Accounting, 6e [Aust] 19 Deegan Financial Accounting Theory, 2e [UK] 54 Deegan Financial Accounting Theory, 3e [Aust] 55 DeMello Cases in Finance, 2e 88 Doupnik International Accounting, 3e 55 Dunn Enterprise Information Systems: A Pattern-Based Approach, 3e 38 Edmonds Fundamental Financial Accounting Concepts, 7e 14 Edmonds Fundamental Financial Accounting Concepts, 8e 11 Edmonds Fundamental Financial and Managerial Accounting Concepts with H-D Annual Report Edmonds Fundamental Managerial Accounting Concepts, 6e 23 Edmonds Survey of Accounting, 3e 58 Eilifsen Auditing & Assurance Services, 2e [UK] 47 Englard Schaum’s Outline of Intermediate Accounting I: Revised, 2e 33 Englard Schaum’s Outline of Intermediate Accounting II, 2e 33 Eun International Financial Management, 6e 96 Firer Fundamentals of Corporate Finance, 5e [UK Adaptation] 71 Francis Schaum’s Outline of Investments, 2e 86 Gabriel Financial Accounting [India] 18 Garrison Manageial Accounting, 14e 23 Garrison Managerial Accounting: An Asian Perspective [Asian] 24 Gay Auditing and Assurance Services in Australia, 4e [Aust] 48 Grinblatt Financial Markets and Corporate Strategy, 2e 82 Gurusamy Essentials of Financial Services, 2e [India] 103 Gurusamy Financial Services and Systems, 2e [India] 104 Gurusamy Financial Services, 2e [India] 103 Gurusamy Merchant Banking and Financial Services, 3e [India] 89 Haddock College Accounting: A Contemporary Approach, 2e 35 Haron Islamic Finance and Banking System [Asian Prof] 106 Harrington Risk Management and Insurance, 2e 102 Higgins Analysis for Financial Management, 10e Hillier Financial Markets and Corporate Strategy, 2e [UK Adaptation] 72 Hillier Fundamentals of Corporate Finance [UK] 73 Hilton Cost Management: Strategies for Business Decisions, 4e 34 Hilton Managerial Accounting, 9e 24 Hirschey Investment, 2e 86 Hirt Fundamentals of Investment Management, 10e 83 Hopwood Forensic Accounting and Fraud Examination, 2e 61 Hoyle Advanced Accounting, 10e 40 E 8 F G H 71, 101 113 Author Index Hoyle Advanced Accounting, 11e 38 Hoyle Fundamentals of Advanced Accounting, 4e 41 Hoyle Fundamentals of Advanced Accounting, 5e 39 Hurt Accounting Information Systems, 2e 37 Hurt Accounting Information Systems, 3e 37 I Ibrahim Business Mathematics [Asian] 102 J Jackling Accounting: A Framework for Decision Making, 3e [Aust] 6 Jones Principles of Taxation for Business and Investment Planning: 2012 Edition, 15e 50 Jones Principles of Taxation for Business and Investment Planning: 2013 Edition, 16e 49 Jordan Fundamentals of Investments, 6e 83 Kapoor Personal Finance, 10e 99 Kay Computer Accounting with Quickbooks Pro 2011: MP - wQBPremAccCD, with Student CD, 13e 29 Kay Computer Accounting with Quickbooks Pro 2012, 14e 29 Kellison Theory of Interest, 3e Khan Financial Management: Text, Problems and Cases, 6e [India] Khan Financial Services, 5e [India] Khan Management Accounting, 5e [India] 28 Lam Intermediate Financial Reporting: An IFRS Perspective [Asian] 32 Lam Intermediate Financial Reporting: An IFRS Perspective, 2e [Asian] 31 Lanen Fundamentals of Cost Accounting, 3e 33 Langfield-Smith Management Accounting & Connect Plus, 6e [Aust] 25 Larsen Modern Advanced Accounting, 10e 42 Lerner Schaum’s Easy Outline of Accounting, Revised Edition Lerner Schaum’s Easy Outline of Bookkeeping and Accounting, Revised Edition Lerner Schaum’s Easy Outline of Principles of Accounting Lerner Schaum’s Outline of Bookkeeping and Accounting, 4e Lerner Schaum’s Outline of Principles of Accounting I, 5e 9 Lerner Schaum’s Outline of Principles of Accounting II, 4e 10 Libby Financial Accounting, 7e 15 Ling Real Estate Principles: A Value Approach, 3e Louwers Auditing & Assurance Services, 4e 46 Louwers Auditing & Assurance Services, 5e 43 Lundholm Equity Valuation and Analysis, 2e 57 Marshall Accounting: What the Numbers Mean, 9e 58 Marshall Accounting: What the Numbers Mean, Revised 2nd Edition [Aust] 59 Mary Lee Principles and Contemporary Issues in Internal Auditing [Asian] 48 Messier Auditing & Assurance Services, 8e 43 K 77, 105 73, 80 104 L 9 21 9 8, 21, 62 105 M 114 Author Index Mintz Ethical Obligations and Decision-Making in Accounting: Text and Cases, 2e 46, 62 Moosa International Finance: An Analytical Approach, 3e [Aust] 96 Neish Computer Accounting using MYOB Business Software: Version 19.5, 13e [Aust] 31 Neish Management Accounting, Revised Edition, 3e [Aust] 28 Ng Consolidated Financial Statements, 2e [Asian] 41 Noreen Managerial Accounting for Managers, 2e 26 Nunnally Cases in Finance, 2e 89 Financial Derivatives: Markets and Applications in Malaysia, 2e [Asian] 92 Parameswaran Futures and Options [Asian] 91 Paul Peach Blossom Cologne Company, 4e 48 Paul Apple Blossom Cologne Company: Audit Case, 5e 49 Peirson Business Finance, 10e [Aust] 82 Penman Financial Statement Analysis and Security Valuation, 5e 56 Perks Accounting: Understanding and Practice, 3e [UK] 10 Phillips Fundamentals of Financial Accounting with Annual Report, 3e 15 Poh Taxation in Singapore [Asian] 52 Pok Financial Market [Asian] 94 Polimeni Schaum’s Outline of Cost Accounting, 3e 35 Price College Accounting: Chapters 1-30, 13e 36 Reck Accounting for Governmental and NonProfit Entities, 16e 54 Revsine Financial Reporting and Analysis, 5e Robin International Corporate Finance 96 Rose Bank Management & Financial Services, 9e 95 Rose Money and Capital Markets, 10e 89 Ross Corporate Finance with S&P Card, 9e 81 Ross Corporate Finance: Core Principles and Applications, 3e 81 Ross Essentials of Coporate Finance, 2e [Aust Adaptation] 76 Ross Essentials of Corporate Finance, 7e 74 Ross Fundamentals of Corporate Finance, 5e [Aust Adaptation] 76 Ross Fundamentals of Corporate Finance, 9e 77 Ross Fundamentals of Corporate Finance: Alternate Edition, 10e 65 Ross Fundamentals of Corporate Finance: An Asian Perspective [Asian Adaptation] 74 Ross Fundamentals of Corporate Finance: Standard Edition, 10e 66 N O Obiyathulla P R 56, 60 115 Author Index S Samad Financial Management for Beginners, 3e [Asian] 75 Sasidharan Security Analysis and Portfolio Management [India] 90 Saunders Financial Institutions Management: A Risk Management Approach, 7e 93 Saunders Financial Markets & Institutions, 5e 93 Seal Management Accounting for Business Decisions [UK] 27 Seal Management Accounting, 4e [UK Adapation] 26 Shashikant Understanding Mutual Funds [India] 85 Shefrin Behavioral Corporate Finance Shim Schaum’s Outline of Financial Accounting, Revised 2nd Edition Shim Schaum’s Outline of Financial Management, 3e Shim Schaum’s Outline of Managerial Accounting, Revised 2nd Edition 28 Shim Schaum’s Quick Guide to Business Finance: 201 Decision-Making Tools for Business, Finance, and 79 Accounting Students Solomon Financial Accounting: A New Perspective 20 Spiceland Financial Accounting, 2e 16 Spiceland Financial Accounting: Making the Connection 11 Spiceland Intermediate Accounting with British Airways Annual Report, 6e 32 Spiceland Intermediate Accounting, 7e 31 Spiler McGraw-Hill’s Taxation of Individuals and Business Entities: 2013 Edition, 4e 50 Spilker McGraw-Hill’s Taxation of Individuals and Business Entitities: 2012 Edition, 3e 52 Spilker McGraw-Hill’s Taxation of Individuals: 2012 Edition, 3e 51 Spilker McGraw-Hill’s Taxation of Individuals: 2013 Edition, 4e 49 Spilker Taxation of Business Entities: 2012 Edition, 3e 51 Spilker Taxation of Business Entities: 2013 Edition, 4e 49 Stewart Running Money: Professional Portfolio Management 91 Stuart Auditing and Assurance Services: An Applied Approach 44 Subramanyan Financial Statement Analysis, 10e 57 Sundaram Derivatives 92 Tan Advanced Financial Accounting, Updated Edition [Asian] 42 Thibodeau Auditing after Sarbanes-Oxley, 3e 46 Thomas Introduction to Financial Accounting, 6e [UK] 20 Thomas Introduction to Financial Accounting, 7e, (The) [UK] 13 Trombley Accounting for Derivatives and Hedging 43 Tse Financial and Actuarial Mathematics [Asian] 82, 97 21 9, 79 T 103 V Viney Financial Institutions, Instruments and Markets, 6e [Aust] 95 Viney Financial Market Essentials [Aust] 94 Viswanath Cases in Corporate Finance [India] 88 116 Author Index W Walker Personal Finance 98 Whitecotton Managerial Accounting 27 Whittington Principles of Auditing and Other Assurance Services, 18e 44 Wild College Accounting Chapter 1-14 with Annual Report, 2e 36 Wild College Accounting Chapter 1-29 with Annual Report, 2e 7, 37 Wild Financial Accounting: An IFRS Perspective [Asian Adaptation] 16 Wild Financial Accounting: Information for Decisions, 6e 12 Wild Financial Accounting: with IFRS Fold Out Primer, 5e 17 Wild Fundamental Accounting Principles, 20e 7 Wild Fundamental Accounting Principles: Including International Financial Reporting Standards (IFRS) 5 Wild Principles of Accounting, 19e [Asian Adaptation] 8 Williams Financial & Managerial Accounting, 16e 5 Williams Financial Accounting, 15e 14 Williams Financial Accounting: Including International Financial Reporting Standards (IFRS) [Asian] 19 Yacht Computer Accounting Essentials using Quickbooks Pro 2011, 5e 30 Yacht Computer Accounting Essentials using Quickbooks Pro 2012, 6e 29 Yacht Computer Accounting with Peachtree by Sage Complete Accounting 2011: Release 19.0, 15e 30 Yacht Computer Accounting with Peachtree Complete 2012: Release 19.0, 16e 29 Y Z Zimmerman Accounting for Decision-Making and Control, 7e 49, 59 117 REVIEW COPY REQUEST FORM McGraw-Hill Education (Asia) 60 Tuas Basin Link Singapore 638775 Tel (65) 6863 1580 Fax (65) 6862 3354 www.mheducation.asia u Professors/lecturers who are interested to review titles listed in this catalog for text adoption consideration, please complete this request form and fax to your local McGraw-Hill office (see inside back cover for fax number) or to McGraw-Hill Singapore. u Requests for examination copies are subject to approval. 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