Customer Reviews:
Missing the workbook and now I can't use it.......2007-09-22
The ad doesn't tell you that you need a workbook to be able to use this book. You can't even get through page 1 without having the workbook. Now I need it and can't find it anywhere. Bummed I spent so much money on it without having the entire set.
Excellent for a self-paced or crash course in introductory accounting.......2007-09-13
Most of the other reviewers who have given this book 5 stars have it right. I first heard of this book by doing a Google search for the syllabi of accounting courses. This book appeared on the syllabus for an introductory acccounting course for the MBA program at Columbia University. I think the description of the course said that its purpose was to teach accounting to students with non-finance backgrounds (paraphrasing). That's what I needed so I became interested in the book. I read the other reviews on Amazon and bought the book. From my experience, the 5-star reviewers turned out to be right.
This book is an introductory level accounting workbook (as opposed to a textbook). It teaches you accounting through exercises like fill-in-the-blanks. That might sound like grammar school, but that's the point. The book's title is exactly what you will get, the essentials of accounting, without all of the minutiae that make other books hundreds of pages long. And you will be prepared enough to follow along during the first few weeks of an introductory MBA course.
Nevertheless, if you already understand accounting and want to get into financial analysis (ie, valuation, forecasting, etc...), you're going to need a completely different book. I used two when I first started out: 1- Analysis for Financial Managment by Robert Higgins and 2- Finance for Managers by the Harvard Business Press.
great book- beware used copies though!.......2007-08-09
Like most of the other reviewers, I have found this book an excellent, easy to use and clear introduction to accounting. I am studying for the CFA and needed an orientation to balance sheets as I dont have an accounting background.
Other reviewers have mentioned the "workbook" format- I want to clearly point out that buying a used copy that has been marked by someone else may defeat the point! This isn't an ordinary textbook, it drills the points home by having the reader fill in blanks on every page. I was annoyed to buy a new copy at full price as I always bought college textbooks used, but am now glad I did. If you genuinely need to really understand these concepts, the "filling in" does help retain information. Also there are mentions of a "separate booklet" involving exhibits and practice tests, but in the 9th edition at least, everything is included in the one book so Im assuming it was previous editions that came with a separate section.
Great overall view of accounting.......2007-05-28
This book is in workbook format which surprised me since I was expecting a textbook. I questioned whether the workbook format would help me when I have practically zero background in accounting but the format actually ended up teaching me more by forcing me to be interactive. Accounting isn't the most exciting field but this book makes it (almost) fun to learn. Would highly recommend this book for anyone needing to learn basic accounting.
after 25 years ... still useful & understandable, still THE BEST.......2007-01-06
I have used this book for over 25 years in teaching everyone from receptionists to financial professionals how "speak" accounting. I have not found a better resource than this book.
Book Description
The classic source for the technical analysis discipline now brings readers up to date in techniques and technology
Now, in this second edition of the classic text, expert Thomas Dorsey shows, step-by-step, how to create, maintain, and interpret your own point and figure charts. He explains how you can use your findings to track and forecast market prices and develop an overall investment strategy. Perhaps most importantly, he helps you develop confidence in the market and take decisive action at the appropriate time, rather than reacting after the fact. Dorsey also highlights new developments in the field and incorporates the use of recently developed software to track any market using point and figure methods. Written for both new and experienced P & F chartists, this updated edition of a technical analysis classic brings point and figure charting into the Internet age.
Thomas J. Dorsey (Richmond, VA) is President of Dorsey, Wright & Associates, a registered investment advisory firm that uses point and figure charting as its main source of technical analysis.
Customer Reviews:
Point & Figure Charting for STOCK TRADERS ONLY.......2007-05-03
Thomas Dorsey does a great job at explaining (in the first 50 pages) how the Point & Figure Chart is created, as well as some basic 'forms' that the charts can take. I read some of the reviews of this book thinking that as a Futures/Commodities trader (early stage/beginner) I would learn alot about Point & Figure Charting for Futures/Commodities. I was wrong. There are no more than 3 pages in this book regarding Commodities, and only insofar as they are underlying indicators for stocks that rely on commodity prices. So, if you want to learn about Point and Figure Charting, this is an ok book. There may be others out there that are better, as that aspect of this book served its purpose for me....which is P&F Charting APPEARS to be an excellent methodology for Trend analysis (big picture) for Futures/Commodities. However, if you are a Stock Trader then this book may have much more relevance to you. Not a bad book, just not appropriate for Commodities/Futures Traders.
In Defense of the Presentation.......2006-10-23
I find it hard to accept the reviews I have read about this book having poor explanations of the P&F concept, or that they are available elsewhere. Mr. Dorsey's book is first rate. I read this book when it was first released, and I find myself using it as a reference tool quite often. Mr. Dorsey's explanation of the NYSE Bullish Percent chart and how to use it and the Relative Strength charts in conjuntion with your stock selection is as plainly presented as if you were having a conversation with the man.
When you consider that he also has weekly podcasts that help explain how the P&F charts are used, I consider Mr. Dorsey to be THE authority on the subject of Point&Figure charting and this book is an excellent source for learning how to start P&F analysis.
Technical Analysis De-Mystified - Not.......2005-10-18
The other review on this date (wentraub) is not a book review but some random thoughts on investing. The Dynamic Asset Level Investing model is not even in the book but a paid service from Dorsey's website!!!!
How can Dorsy be one of Wall Street's saviest minds when his is in Virginia?
PnF charting is only one of many tool available to a Technician.
Technical Analysis De-Mystified.......2005-10-18
Technical analysts are becoming an endangered species on Wall Street. Major firms have long favored a fundamental approach emphasizing a nuts and bolts approach to company revenues, use of capital, and innovation. Scores of fundamental analysts closely follow individual sectors of the economy, scour SEC filings, and comment on daily developments pertaining to individual companies. Meanwhile a smaller cadre of 'technicians' churn out charts, graphs, and statistics that follow the ebb and flow of investor capital. Recently two well known full service brokerage firms decimated their already small contingent of technical analysts and another firm let go their star technician.
Academic studies on the efficiency of the markets to digest news and quickly reset the market value of securities have long questioned the value of Wall Street analysts to forecast future prices. If news is unpredictable, by definition, and the prices of securities adjust immediately, what is the point of a forecast. These studies have been particularly harsh on technical analysis. Technical analysis may not have helped its cause with a coded language of triple tops, head and shoulders patterns, Fibonnaci retracements, etc. It all begins to sound more like the Occult than analysis. This book blows away a lot of the smoke.
Tom Dorsey has given us a straight forward (if somewhat breathless) introduction to his method of technical analysis. His X and O charts record trends of buying (demand) and selling (supply) in the market. It is this dynamic imbalance, he contends, that is the primary determinant of value in the marketplace. The tendency for these trends to repeat over time represents the psychology of investors to buy or sell at critical junctures. For Dorsey fundamental analysis is useful in determining what company stocks should be owned. Then it is the role of the technician to determine when to buy and sell. Fundamental analysis identifies good companies. Technical analysis identifies good stocks. Good companies do things well. Good stocks make investors money.
The value of Dorsey's work is to help investors find sectors of the economy and securities that may be due for a reversal of fortune after extended periods of under or out performance. The bottom line is that he has developed a useful toolkit for the investor. A look at his Dynamic Asset Level Investing model [12/2004 - not in this 2001 book] that recommends areas to allocate assets (small capitalization stocks, Latin America, natural resources, energy, etc.) seems prescient just about a year later. Using ETFs (exchange traded funds) to develop a portfolio based on Dorsey's model would have inevitably led investors to a chunk of the best returns available for the period. This book should certainly be read by all investors who want an introduction to technical analysis and a better understanding of one of Wall Street's savviest minds. You may not want to be on the other side of too many of Tom Dorsey's trades!
Bait for online service.......2005-06-25
The book is too wordy - in fact the same information is more concisely presented and available for free at DWA website. To follow the method described you need to become a paying member of DWA. A free 2 week trail is also available at the site. This allows you to findout that to really understand and apply this method you need to take several of the $150 classes that DWA also provides. Also, the online service is really geared towards stock brokers (investment advisors).
Use the online course - its faster, cheaper and better.
Book Description
Fully revised and expanded, the Second Edition contains valuable tips, techniques, illustrative real-world examples, exhibits, and best practices. This handy and concise paperback will help you stay up to date on the newest thinking, strategies, developments, and technologies in supply chain management.
"Michael Hugos presents the core concepts and techniques of supply chain management in a clear, concise, and easily readable style for those desiring an introduction to the subject or for those wanting to refine their understanding and application of supply chain issues. The case studies and executive insights are very useful in illustrating how to effectively employ supply chains to enable companies to accomplish their business goals."
-Perry J. Gaid, Vice President of Purchasing, OneSource Facility Services, Inc.
"My company is involved in both manufacturing and distribution. Mr. Hugos's book provides a valuable framework of concepts and techniques that people at all levels of the company can use to organize and improve our supply chain management capabilities and tie them to our business strategy."
-Grant Watkinson, Ph.D., President, Coastwide Laboratories, Inc.
Praise for the First Edition
"An excellent introduction into supply chain management . . . a book you should own and loan out to others frequently."
-Supply Management
"In clear and concise prose, this lean book outlines the most crucial tenets and concepts of supply chain management."
-Supply Chain Management Review
The Wiley Essentials Series-because the business world is always changing...and so should you.
Download Description
Essentials of Supply Chain Management, Second Edition, shows busy executives and managers what a supply chain is and how skillful and imaginative supply chain management can transform a sometimes-sluggish process into a powerful, revenue-driving engine. This practical, accessible new edition features updated tips and techniques for maximizing supply-chain innovation strategies, as well as all-new ""From the Real World"" and ""Executive Insight"" examples, a new chapter on how to gain competitive advantage from the supply chain, and new sections covering the latest trends in supply-chain management. Michael Hugos (Chicago, IL) is the Chief Information Officer with Network Services Company, a $6.8-billion co-op that is wholly owned by 85 member companies. He has more than 20 years of experience in all aspects of information technology and has worked in supply-chain management for more than 10 years.
Customer Reviews:
Good Overview.......2007-09-28
This book provides a good overview of the basic principles of supply Chain Managment. After reading the book, I was able to directly apply the principles to solve several problems in supply chains I am dealing with in my supplier development job.
The principles are logically presented and backed up with examples that illustrate their application. I would recommend this book especially for people in Manufacturing or engineering who are trying to understand how to improve performance across a supply chain or how to make their supply chain management process more efficient and effective.
Buen libro para principiantes.......2007-06-06
Se entienden rapidamente los conceptos principales, un buen libro de comienzo en el tema.
Good "Executive Summary".......2006-11-03
One of the best primers I have read so far on SCM. While not a blue-print on how to implment SCM, it really does provide an excellent overview of the benefits of SCM and the steps a company would take to introduce SCM. One of the best sections of the book introduces new trends within SCM. This section alone made the book a good investment. Recommend it for top management looking to get a good, but basic understanding of SCM
Just as advertised.......2006-03-12
This book is a good overview and primer for anyone who is interested in learning what "Supply Chain Management" entails. It starts with a very basic definition and goes into specifics as the chapters progress.
A beginners' guide - but also the practitioners' handbook!.......2005-10-21
This book gives a wonderful and very thorough overview of the practice of Supply Chain Management.
The author starts off by explaining the objectives of SCM; the drivers that govern a Supply Chain; the conflicting demands of "efficiency" vs "responsivenes"; the variables that the Supply Chain manager would constantly need to juggle with and optimize keeping in mind the market segment that they are serving.
Later he goes on to discuss about the business operations (plan, source, make, deliver) that constitute a supply chain and the technology choices that are available in today's world to solve these problems. The real-life concerns of performance targets, budgets and ROI are also discussed.
The author provides an abundance of "Real Life Examples" and "Executive Insights" that demonstrate how these principles are being used (and in many cases pioneered!) by various companies in different industry segments.
This is NOT a book that goes into excessive quantitative analysis or depth in any subject. Rather it is an overview that is extremely useful for beginners (like myself) who want to get a grasp on this subject. It is probably THE first book you should read on SCM - and again, also the book you would use to summarize your concepts and put them to practice!
The author's fluid writing style and simplicity in his choice of words (no fancy buzz words that make you want to run away!!), make it a pleasure reading this book.
Don't worry - you really can't lose out by buying this - it is worth every penny (and much more) of its cost! Happy reading :-)
Book Description
Copley and Engstrom’s Essentials of Accounting for Governmental and Not-for-Profit Organizations, 8e is best suited for those professors whose objective is to provide more concise coverage than is available in larger texts as well as for those professors whose objective is to prepare accounting majors for the uniform CPA Examination in the areas of state and local governmental accounting, accounting for not-for-profit organizations, governmental auditing, and taxation of exempt entities. This edition incorporates all of the FASB, GASB, and AICPA pronouncements passed since the last edition.
Customer Reviews:
The worst accounting book I've read to date!.......2005-09-21
This is the first textbook that I haven't been able to read through all the assigned chapters. That's saying a lot since I already have one degree and working on a second.
Wow! The text is extremely dry! No book should have 6 or 7 bolded terms in a row and not bother to explain the terms. Also it makes no distinction between some terms. For instance, appropriations vs. emcumbrance vs. expenditure. I had to figure that out on my own.
As someone else said, this is NOT a self-study book! Granted no accounting book should baby you, but if nobody in the class understands what the hell the book is saying, then there's something wrong. If you're using the book for a class and want to use the PowerPoint slides on the publisher's website, don't bother! They're just as bad as the textbook. They don't have a logical flow to them. They don't even flow with the book. What is at the beginning of a chapter in the book may be at the end of the PowerPoint slides for that chapter. There are big chunks of the chapters missing from the slides.
I can't believe this is the 7th edition of this book! It's written like it was the first edition. The author has no concept of how people study. McGraw-Hill should have stopped publishing this horrendous book after the first edition.
YIKES!!!.......2005-06-24
I was "lucky" enough to take a governmental accounting course in which this alleged text was the book for the class. It was universally scorned, and at least the school had the good sense to dump it in time for the following semester.
It's so dry that I have a hard time believing it wasn't written in the 1950's, when dry textbooks were the rule of the day. The layout is drabbed and the font is very cramped. It's surprising how cramped type and very little space between lines actually makes reading so much more difficult. You really sense the book was created on a low budget (even though it's WAY overpriced!).
The subject matter, at least for most people, is a bit uninspring anyway, and this text does NOTHING to allay those prejudices. Accounting books are rarely "fun" but they can be presented in a way that's visually interesting, with some real life case studies or examples. Nothing from real life makes its way into this book.
And on top of everything else, the ink is so cheap that it smears if you hold your finger in one place too long, oh, like when you're holding it open to read. So both the content AND the construction are C**P!!!
Avoid!!!
Frustration.......2003-06-22
This is a truly horrible book. It's written so poorly that the only way it can be used is as a look-up reference. If you don't have a really good instructor for Not-for-profit accounting, find one using a different book. You won't get much out of this.
The 7th Edition is just as bad as the 6th.
Worst Text I ever had to read.......2002-10-29
If it was possible to give this book a negetive star review I would. It has no organization, no structure, and makes no sense. It is by far the worst text I have ever had to read. Although the author is a professor, he must be a very bad one. He has no grasp on how students learn, and makes no attempt to link information together. He uses the same example throughout the entire text. As if in chapter 9, you rememeber what entry 14, is in chapter 3. A horrible book. It is easier to read the GASB statements than it is this book. DO NOT BUY IT!!
WARNING! Reading this book may cause extreme drowsiness........2002-10-10
WARNING! This book may cause drowsiness. Do not attempt to operate heavy machinery after reading this book.
It's too bad the author has absolutely no literary skills whatsoever. I'm no great author myself but you'd think by the time they got to the fifth edition all the errors would be gone and they would have improved upon the existing text. I guess the editors must have let this one slip through without actually reading what they were going to be publishing.
If you are unfortunate enough to have to buy this book then you will be dumber for having read it and may God have mercy on your soul.
Book Description
This book stands firmly in its place as the leading textbook in its coverage of health care finance. No other text so completely blends the best of current finance theory with the tools needed in day-to-day practice.
Customer Reviews:
Essentials of Health Care Finance.......2007-09-10
This is a very difficult book to digest if you are not familiar with accounting concepts. This is not a beginner text! The text is written in a very broad context, however, the expectation in my class was to apply the broad concepts to detailed financial problems. This was difficult because Cleverly offerred few examples to help apply the difficult financial concepts. I found the text to be utterly frustrating!
Essentials of Health Care Finance.......2003-06-19
I bought the book of Essentials of Health Care Finance, it was delivered on time, however, some papers insided the book are very dirty, I can see the brown oily figure prints. I wish that I can exchange the book ...
Troubling Guide to Alien Territory.......2001-08-23
This books offers a broad coverage of health care topics for a non-financial person. It is most deeply flawed for its inability to communicate clearly to a lay person. Essentially it is a vocabulary primer of important financial principles and concepts. It requires abstract thinking and the ability to follow mathematical models.
This reader studied Cleverly's text as a requirement for a healthcare finance class. The text was frustrating as this reader attempted to "know" everything about healthcare finances; however, this is probably not the intent of the book. It does present a road into the foreign land of finances. It demands respect for another set of data and another language for interpreting that data. One does not master this data set at one pass, however.
Nevertheless, this reader did gain some new financial information. At the risk of being simplistic, but communicative; a listing of some of the concepts learned follows:
1. There are many users of financial information.
2. Financial information can guide the formation of programs.
3. Financial management is essential for successful healthcare organizations.
4. Various qualities of health care organization types.
5. How health care organizations make up for discouting and bad debt and capitated payments.
6. General principles of accounting and why they are important. Also that these principles still need to be explained, to be consistent, and to be clarified.
7. Overview of four main types of financial statements with a brief explanation of vaious line items.
8. That financial planning includes considering inflation before it happens, and for equipment etc. to break and wear out before it breaks or wears out.
9. That financial information can be better understood by comparing financial ratios of different line items and trends over time. There are national benchmarking ratios available and Cleverly gives some and tells how to get more.
10. That financial planning should be an orderly process in an organization.
11. There are different types of costs. Some stay the same, some are overhead types. Some are direct, some are hidden. Some can be controlled, some cannot.
12. Figuring out prices is a very complex process in healthcare. It is based on costs and payers. It must also include indirect costs and costs of future problems.
13. There is still stuff to learn . . . And this reader is still no expert.
Finally, after this MSN course and this text, this reader is more conversant with the financial landscape. It holds interest and it is understandable, after all.
Not for beginners.......2000-01-08
I have finished about 5 different chapters for a Masters degree course I am taking. This book is not for beginners! I am an RN and have been working in business for 10 years. The author assumes that you have had basic accounting and the terminology is unfamiliar. There are very few examples given so it is hard to take the information and see how it is really used. I have had to buy another book just so that I could understand this book.
Mr. Cleverley is the guru of healthcare finance.......1999-08-27
This book represents the foundation on which all healthcare organizations should examine their financial strength and management. While not for beginners, it provides a comprehensive overview of reporting and benchmarks that prove invaluable during the budgeting process and for financial control.
Customer Reviews:
Very easy to learn.......2006-07-03
It's a great book if you want to quickly go through all the major points of accounting. I will recommend it.
Great book, shipped in perfect condition.......2005-09-13
The book covers the fundamentals of accounting in a very good manner by reviewing basic concepts repetitively.
Excellent self-training for beginning accountants and bookkeepers.......2005-09-08
I was first introduced to the seventh edition at our local library. This is an excellent training tool for accounting. For anyone who likes to learn on their own this is great!
Simplifies Accounting - A great supplement.......2005-02-23
I'm not an accountant and I recently started an MBA. Accounting is a very hard course and our textbook isn't very helpful at teaching how to do the calculations that underpin the preparation of financial statements. The Essentials of Accounting Workbook really dumbs down the concepts involved in making these calulcations to a very simple level. It has been a huge help. The format seems pretty childish at first, but it is designed to make very small incremental steps through each concept.
Super.......2005-02-04
I have 2 masters degrees - I have not come across a book that does such a good job of explaining the fundamentals.
Additionally, the format of the book - read and answer questions 'fill in the blanks' style, helps you remember what you read.
If you want to get a great start in accounting, get this book.
Book Description
ESSENTIALS OF ACCOUNTS PAYABLE
Full of valuable tips, techniques, illustrative real-world examples, exhibits, and best practices, this handy and concise paperback will help you stay up to date on the newest thinking, strategies, developments, and technologies in accounts payable.
"A real-world approach, with great insights and practical wisdom on all aspects of the accounts payable process. Essentials of Accounts Payable provides accounts payable professionals with a framework for action in a rapidly changing environment."
-Tom Nichols, Division Manager, Accounts Payable Operations, AT&T
"Mary Schaeffer has combined her considerable knowledge of the accounts payable process with the learning and benchmark statistics from top companies to produce a world-class guide to the AP process. Without Mary Schaeffer, and IOMA, AP would still be a neglected financial process without any formal reading to explain the complexities of a process that most companies think is simply paying the bills. This book is a must-read for anyone working in, directing, or managing AP operations, both seasoned professionals and those new to the process."
-Linda Sawyer Sisko, Programs Manager, Cisco Systems, Inc.
"This book does an excellent job of explaining the often complicated basics of the accounts payable functions. It provides a quick snapshot for busy executives who need to know how an accounts payable department should run. It is an excellent update for those executives who need to keep up to date on numerous issues that affect this rapidly evolving profession."
-Adrienne Glasgow, Chief Financial Officer, American Red Cross in Greater New York
The Wiley Essentials Series-because the business world is always changing...and so should you.
Customer Reviews:
A highly practice-oriented guide to AP world.......2005-07-27
A useful handbook for accounts payable professionals. A wide-visioned summary & comparison from accounts payable operations of many companies of various types. Describe things in very details. It will be better if the best practices are more focused to be articulated. Overall, this book would enable someone in this area to achieve a more systematic perception into accounts payable.
Manager.......2002-04-10
A remarkable book in getting anyone up to speed in the world of Accounts Payable. I found this book extremely, It gives valuable insights to both the begineer and the seasoned pro of AP
Book Description
Mary Schaeffer is considered an industry expert and writes a newsletter that focuses on credit, collections, and accounts receivable.
* Provides an overview of the credit, collections, and accounts receivable functions for senior level managers.
* Provides tips and techniques as well as case studies.
* Shows how to stream line the credit process and how to make this area as efficient as possible.
Book Description
Essentials of Cost Accounting for Health Care Organizations, Second Edition is a comprehensive text that applies the tool and techniques of cost accounting to the health services field. It is an essential tools for all professionals who need to deal with the challenges of managing health facilities in a difficult economic environment. The new edition has an increased emphasis on managed care as well as a new computer-based component.
Books:
- Essentials of Corporate Finance (Mcgraw-Hill/Irwin Series in Finance, Insurance, and Real Estate)
- Essentials of Private Practice: Streamlining Costs, Procedures, and Policies for Less Stress
- Expectations Investing: Reading Stock Prices for Better Returns
- Financial Accounting: Information for Decisions
- Financial Markets & Corporate Strategy
- Financial Markets & Corporate Strategy
- Financial Reporting and Analysis (3rd Edition)
- Financial Statement Analysis: A Practitioner's Guide, 3rd Edition
- Financial Statement Analysis and Security Valuation
- Financial Statements: A Step-By-Step Guide to Understanding and Creating Financial Reports
Books Index
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