Practical Financial Management
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    Practical Financial Management
    William R. Lasher
    Manufacturer: South-Western College Pub
    ProductGroup: Book
    Binding: Hardcover

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    ASIN: 0324260768

    Book Description

    A text that offers clear, concise, and practical real world treatment of key financial management topics with the assumption readers have little knowledge of financial concepts. Advanced math is eliminated from the theory sections and everyday math is geared towards making the material useful yet understandable, supported by numerous worked-out examples and graphical and intuitive presentations of math where appropriate. Written by a former CFO, the book offers practical, real-world discussion of key topics, including cross-functional coverage of the agendas and biases decision-makers across the firm may bring to a financial proposal.
    Financial Mathematics: A Practical Guide For Actuaries And Other Business Professionals
    Average customer rating: Not rated
      Financial Mathematics: A Practical Guide For Actuaries And Other Business Professionals
      Chris Ruckman , and Joe Francis
      Manufacturer: BPP Professional Education
      ProductGroup: Book
      Binding: Paperback

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      ASIN: 0975313606
      The Wealthy Spirit: Daily Affirmations for Financial Stress Reduction
      Average customer rating: 5 out of 5 stars
      • Inspiring with a contagious energy!
      • its a great read
      • Fabulous!
      • You and everyone you love needs this book.
      • Best financial affirmations ever!
      The Wealthy Spirit: Daily Affirmations for Financial Stress Reduction
      Chellie Campbell
      Manufacturer: Sourcebooks
      ProductGroup: Book
      Binding: Paperback

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      5. Quantum Success: The Astounding Science of Wealth and Happiness Quantum Success: The Astounding Science of Wealth and Happiness

      ASIN: 157071777X

      Book Description

      Many people spend their lives searching for the means to acquire tremendous financial wealth. They look to external resources to give them what they want, and are ultimately disappointed when their dreams don't turn out the way they had planned. They either become incredibly wealthy at the expense of their spiritual well being, family, and friends, or they never acquire the riches they've aspired to, and in their disappointment, they discover they've lost all sense of self-worth.

      The Wealthy Spirit is the only book that offers an approach to achieving both spiritual and financial wealth. Through a series of daily affirmations that focus on the reader's internal strength and capacity for change, this book will set them on a path toward personal enlightenment and wealth in body, mind, and spirit.

      Using a day-to-day approach, readers will learn six keys:
      Think positive. Like mind over matter, mind over money begins with believing you deserve it and can get it.
      Send out ships. You can wait for your ship to come in, but if you don't send any out, it's going to be a long wait.
      Count your money. Money is a game and you have to know the score. The money score will tell you how well you're doing at steps one and two.
      Swim with dolphins. Being "in the swim" will depend largely on who you're swimming with. Find "your people" and avoid sharks.
      Survive the storms. You must weather interior storms as well as exterior ones. Persistence is key.
      Seek balance and enlightenment. Only from their perspective will you know when you have "enough."

      The Wealthy Spirit offers readers peace of mind to help them build financial muscle and a successful, stress-free life.

      Customer Reviews:

      5 out of 5 stars Inspiring with a contagious energy!.......2007-09-24

      Once in a while, if you're lucky, you happen upon a book that can make a positive difference in your life. "The Wealthy Spirit" by Chellie Campbell is just such a book. Arranged in bite-size nuggets of wit and wisdom, the book tackles the serious issue of eliminating financial worries. Chellie inspires the reader to appreciate his or her personal value, to decide what's important in his or her life, and, with the realization "I can do that" to get moving to take the actions and make the positive changes that can make those worries disappear. While I think just about everyone can get some inspiration from this book, it is especially perfect for every entrepreneur and for anyone contemplating getting off the corporate treadmill. "The Wealthy Spirit" is a daily pep talk. I highly recommend this book.

      5 out of 5 stars its a great read.......2007-07-07

      Things in life can be very stressful at times, but reading a book like this makes everything a whole lot easier!

      5 out of 5 stars Fabulous!.......2007-05-25

      I LOVE this book!

      I think it should be a must have for everyone!

      5 out of 5 stars You and everyone you love needs this book........2007-05-13

      This is a great book to re-inspire your view on the possibility of obtaining wealth and financial well-being in your life.

      It's an easy read, meant to be kept by your side and read on a daily basis.

      Short stories, anecdotes, and affirmations for creating wealth will open your eyes to what's possible, and will guide you into some simple changes in the way you relate to money and your right to have lots of it!

      I love giving this book as a gift and will continue to do so.
      The Wealthy Spirit: Daily Affirmations for Financial Stress Reduction

      5 out of 5 stars Best financial affirmations ever!.......2006-11-10

      This book is a great 'how to' guide to changing the way you view your financial opportunities. After just a few days of reading and repeating the affirmations I've noticed things flowing in a positive manner, rather than my negativity pushing things away. I know that sounds really 'woo woo', but I can see a change both in myself and what I attract. You won't be disappointed if you buy this book and follow the easy requirements.
      Mastering Collateral Management and Documentation: A Practical Guide for Negotiators
      Average customer rating: Not rated
        Mastering Collateral Management and Documentation: A Practical Guide for Negotiators
        Paul C. Harding , and Christian A. Johnson
        Manufacturer: Financial Times Management
        ProductGroup: Book
        Binding: Paperback

        GeneralGeneral | Business & Investing | Subjects | Books
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        ASIN: 0273659243
        Don't Worry, Make Money: Spiritual and Practical Ways to Create Abundance and More Fun in Your Life (Don't Sweat the Small Stuff Series)
        Average customer rating: 4 out of 5 stars
        • Essays and reflections on the process of making money
        • Mediocre
        • Create abundance with this book!
        • be happy and make money
        • Like chatting with a real/good friend over coffee.
        Don't Worry, Make Money: Spiritual and Practical Ways to Create Abundance and More Fun in Your Life (Don't Sweat the Small Stuff Series)
        Richard Carlson
        Manufacturer: Hyperion Books
        ProductGroup: Book
        Binding: Hardcover

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        ASIN: 0786863218

        Book Description

        In Don't Sweat the Small Stuff, Richard Carlson revealed new ways to calm down and enjoy more peace in our lives. Now, in Don't Worry, Make Money, Richard Carlson provides more new strategies for living more fully and worrying less as a means of attracting more wealth and abundance in our lives.

        Often we get into the trap of thinking that the only way to earn a good living is to stay late at the office, feeling stressed out and full of anxiety. However, this can actually get in the way of having a productive and rewarding career, and can drastically decrease our earnings. "Accept the fact that you can make excuses, or you can make money, but you can't do both," Carlson tells us. Combining his unique philosophy with specific financial strategies, Don't Worry, Make Money also tells us how to:

        * Use the power of reflection
        * Sock away two years' worth of living expenses
        * Learn about the relationship between moods and money
        * Develop relationships with people before you need something from them

        Full of interesting and unique ideas for the overworked businessperson, Don't Worry, Make Money tells listeners how to live a life that's more wealthy, productive, and carefree by refusing to let worry get you down.

        Customer Reviews:

        3 out of 5 stars Essays and reflections on the process of making money.......2006-10-09

        I bought my copy in an used bookshop in Surfers Paradise, Australia.. decided to take back home because of the honest, down to earth advice that some pages exhibit.

        I have forund it to be valuable as frequent reading, one chapter at a time and in a random order.. its my opinion the book will be much more valuable if you have already started your process of committment to making money. By that, I mean your inner process, its the part of thinking that creates the path to action (that you must take).

        Do it frequently, there is seldom time to talk to a friend who can advice you like this book.

        3 out of 5 stars Mediocre.......2006-08-22

        I don't think I finished reading this book. It seemed like the same ol' same ol' chicken soup stuff. I found nothing new in the half of it that I read.

        5 out of 5 stars Create abundance with this book!.......2005-09-06

        Let's not kid ourselves: there are perhaps thousands of books dedicated to motivating people, getting them closer to success, and so on. I have read a dozen or so of those books, but this one clearly stands out in my mind.

        This book is separated into 100 easy-to-read chapters, which makes it much easier to manage the messages therein. Simply read at your own pace, digest, and implement. The honest and humorous writing makes it actually fun to read and look forward to future chapters.

        Basically, this book tells you how to create abundance, whether through savings, change of perception, acquisition of friends, or other methods. The message is overwhelmingly positive and downright inspirational, as it should be. After reading the book, you will be inspired to take action and reach your goals as a happier, more fulfilled person.

        I highly recommend this book!

        5 out of 5 stars be happy and make money.......2005-02-24

        That's what the book is about. The get stressed about making money, just do it. Get off your bum and do the job and make yourself a fortune, but don't forget how you got there and be generous once you get there. Be real and obtain your goals. Your goals are not unreachable. The good ideas are right in front of your face. These are some of the psychological barriers that Richard Carlson helps you get over in this book. I loved the read. You should read it too.

        5 out of 5 stars Like chatting with a real/good friend over coffee........2004-08-30

        Reading Richard Carlson is like having coffee with a real good friend and chatting about life decisions. "Don't Worry, Make Money..." is somewhat mistitled because it is less about making money (or worry for that matter) but more about your quality of life. The thesis of the short book is rather simple -- there is abundance to be shared, we simply need to remove the roadblocks. Easier said than done - I agree. But we do need to take the first step.

        There are at least three very distinct points, over and above the main thread of the book, that stuck with me: [1.] Feel the Fear and Do it Anyway!, [2.] The misnomer that you need to be uptight in order to succeed, and [3.] Help Someone Else Succeed.

        In chapter 69 Carlson writes: "It's very helpful to remind yourself that, despite your fears, here you are. Somehow you have managed to survive it all. In this sense, all your worries have been a mirage -- a waste of time, irrelevant" (157). There is indeed a modicum of truth in this statement but over and above, fear makes us a little bit more cautious -- makes us take that second look, take that extra precaution -- that is not all bad. Unless we surrender totally to fear and slide into inactivity -- a little fear is a good thing. But as far as Carlson is concerned -- point taken.

        In chapter 77, Carlson expounds yet again on the subject of fear. To borrow from Carlson, "The gentleman, in particular, was convinced that if a person was to follow my "program," as he put it, they would surely become apathetic, if not homeless! "If you're not uptight," he insisted, "you'll lose your drive." "Sadly, many people believe that if you aren't uptight and serious, you are doomed to failure. In my entire lifetime, I've never been more convinced that something is not true" (173). Well Richard, I hear the plea for a sense of perspective and the need for fun. Perhaps the message was not too clear or folks just simply refuse to think outside the box.

        Lastly, and this issue rings the truest for me, in chapter 81 he writes: "Help Someone Else Succeed" (181). Success is something that is best shared. Carlson writes: "As you help others succeed, even in very small ways, it helps you redefine and reflect on your own goals, assumptions, and ways of doing things. If you suggest to someone else, for example, that they think of education as a lifelong process, it might remind you that you haven't taken a class in years. I'm often amazed at how my advice applies to my own life and my own success" (182). The point is that we need to think in terms of genuinely wanting others to succeed. Why not? It is something that is free and the goodwill developed is incalculable. Carlson, and I agree wholeheartedly, argues that general goodwill is just best all around.

        I can understand how some might read this (or not) because they see it as soft and mushy and it will seem (and Carlson is cognizant of this) that we already knew all this. Well, it does not hurt to be reminded, once in while, just like having coffee at a cafe with a dear friend.

        Miguel Llora
        Getting a Life: Strategies for Simple Living Based on the Revolutionary Program for Financial Freedom, "Your Money or Your Life"
        Average customer rating: 3.5 out of 5 stars
        • The Devil is in the Details
        • Good price but not very useful
        • Not even close to YMOYL
        • Not as good as Your Money or Your Life, but still good
        • Very satisfying.
        Getting a Life: Strategies for Simple Living Based on the Revolutionary Program for Financial Freedom, "Your Money or Your Life"
        Jacquelyn Blix , and David Heitmiller
        Manufacturer: Penguin (Non-Classics)
        ProductGroup: Book
        Binding: Paperback

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        ASIN: 0140258779

        Book Description

        Revolutionary and life changing, the "voluntary simplicity" movement is about achieving financial freedom and living well for less. Now Getting a Life shows how real people have left the rat race for a more meaningful--and financially manageable--life that reflects their own true values and individual goals. Written by a couple who used the nine steps in the bestselling Your Money or Your Life to transform their own relationship with money, Getting a Life offers proven, practical ideas on how to use each step of the program. With honesty and humor, the authors and more than two dozen families and individuals share their personal experiences on such issues as paying for health care, raising children in a materialistic world, and breaking the link between what you do for a living and who you are. Getting a Life shows you how to adopt voluntary simplicity in your own life and what to expect once you do.

        Customer Reviews:

        5 out of 5 stars The Devil is in the Details.......2005-03-23

        In Your Money or Your Life, Dominguez and Robin lay out an easy-to-undestand system that will result in financial security. The challenge is in implementation. It's the little things that tend to derail even the most well-intentioned plans.

        The value of this book is that it is a great implementation tool. If you haven't read YMOYL, you'll be scratching your head at many of the the things that Heitmiller and Blix assume you already know. The authors do tend to spend a lot of time on "the way we were" but I suspect it's because their epiphany has so dramatically altered their lives. Don't dwell on it. This is a book about living better, not class struggle.

        The bottom line is that if you're going to commmit to the 9 step program Dominguez and Robin outline in YMOYL, you're going to need help. This book is the best source of help I've found and I recommend it (as others have) because the real life stories of others who have taken the journey you've embarked on serve as a source of motivation and how to advice that simply isn't available elsewhere.

        3 out of 5 stars Good price but not very useful.......2003-02-09

        We read Duane Elgins excellent book Voluntary Simplicity decades ago, and would simply caution that this book Getting A :Life will probably appeal to those who have lots of money and really do not have to worry about making ends meet. For those who are on some type of a fixed income. or those with middle class incomes in a precarious economy it doesn't have much useful information. And I agree with those reviews that note the "yuppy" element.

        We run a small simple living group in the Sierras, that is like the ones we ran in Alameda and San Joaquin counties here in California. So we are not new to the live simply and get out of debt ideas. And I note that there is a big difference between spoiled brats needing to learn what is really important in life and those who know what is important in life and want to know even more about how to simplify their lives.

        The Intenet be it google searches or Yahoo groups has a whole lot more free information that is useful than this book. Amazon[.com]offers a whole lot more books on the subject that I would recommend.

        1 out of 5 stars Not even close to YMOYL.......2001-11-30

        Should be subtitled, "How Two Seattle Yuppies Retired Early on 3.5K a Month". This book contains some helpful info, but I was hoping to see someone with a negative net worth pay off their debts and become FI. What I got was the story of a couple of yuppies saying, "Whoa, were worth a bundle and if we refuse to pay for our kids' college we can retire early". Not too impressive to me. I would not read this book if I were looking for material on voluntary simplicity. Why does Vicki Robin endorse this book?

        4 out of 5 stars Not as good as Your Money or Your Life, but still good.......2001-11-01

        After reading Your Money or Your Life by the late Joe Dominguez and Vicki Robin, Getting a Life: Strategies for Simple Living Based on the Revolutionary Program for Financial Freedom Your Money or Your Life seemed to be a natural progression.

        This book *does* offer some very helpful examples of individuals who used the advice in Your Money or Your Life. However, after reading the original book, I was somewhat disappointed by these authors' inconsistent choices in areas of voluntary simplicity. For example, they talk about how they cut their food bill down to just ($) a month for two people, and I know many couples who are into voluntary simplicity who can easily spend much less than that in a month. They also mention that they kept Call Waiting because they only have one phone line, which made me think, What did people do in the past with only one phone line when people were trying to call them? It just seemed inconsistent with some of the other advice they give in the book. Another annoyance was their example of a family who decided to go without health insurance, and just put money away in savings every month in the event of health expenses down the road. This would seem to me false economy. What would happen to this family if after saving a few thousand dollars they were hit with a serious accident or illness? Such an event could easily wipe out all of their savings.

        In spite of the inconsistencies, this book does offer some good advice as well as list plenty of helpful resources for anyone interested in voluntary simplicity. The epilogue does a follow-up of the individuals listed throughout the book and tells you where they're at now in their lives. The epilogue is followed by a section of resources listing foundations, books, newsletters, organizations and other helpful resources for those interested in voluntary simplicity and financial independence.

        5 out of 5 stars Very satisfying........2000-10-12

        I recommend that you read 'Your Money or Your Life' (YMOYL) before you read this book. I waited about 2 or 3 months to give YMOYL time to really sink in before I read this. When I started reading, I found myself trying to read very slowly so that I could absorb everything. It is very inspiring and englightening to read about other people's experiences following the YMOYL philosophy and the ways that they have integrated this into their lives.

        I think your experience with this book will closely follow YMOYL. If you liked YMOYL, then you should find this book inspiring and very interesting. If you didn't, then you won't. If you want more detail on how YMOYL has affected people's lives, then you will enjoy...
        Purchasing and Financial Management of Information Technology: A practical guide (Computer Weekly Professional)
        Average customer rating: Not rated
          Purchasing and Financial Management of Information Technology: A practical guide (Computer Weekly Professional)
          Frank Bannister
          Manufacturer: Butterworth-Heinemann
          ProductGroup: Book
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          ASIN: 0750658541

          Book Description

          Purchasing and Financial Management of Information Technology aims to significantly reduce the amount of money wasted on IT by providing readers with a comprehensive guide to all aspects of planning, managing and controlling IT purchasing and finance. Starting from a recognition that IT purchasing and the financial management often needs to be treated differently from other types of expenditure, the author draws on over 25 years of experience in the field to provide readers with useful mixture of good procedures and common sense rules that have been tried, tested and found to work. Many of these are illustrated by case histories, each with a moral or a lesson.

          Purchasing and Financial Management of Information Technology provides useful guidelines and advice on whole range of topics including:

          * IT acquisitions policy
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          So Sue Me! How to Protect your Assets from the Lawsuit Explosion
          Average customer rating: 4 out of 5 stars
          • Good Information if you're a beginner to the topic......
          • Want to protect yourself!
          • I Only Wish I'd Had this Book a Few Years Ago
          So Sue Me! How to Protect your Assets from the Lawsuit Explosion
          Arnold S. Goldstein
          Manufacturer: Garrett Publishing
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          2. How to Be Invisible: The Essential Guide to Protecting Your Personal Privacy, Your Assets, and Your Life (Revised Edition) How to Be Invisible: The Essential Guide to Protecting Your Personal Privacy, Your Assets, and Your Life (Revised Edition)
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          ASIN: 1880539608

          Book Description

          America is lawsuit crazy. We are becoming bankrupted through sky rocketing insurance premiums and ravaged by ludicrous jury awards. Nobody is safe from the million lawyers hunting their next victim.

          Can you afford to lose what you have to a frivolous lawsuit? If you are in a car accident, involved in a divorce, or any type of lawsuit-no matter how insignificant it may seem-someone may attempt to leverage a huge settlement. Careful planning before problems arise places your assets securely out of reach from those who would take your hard-earned money.

          So Sue Me! provides you with the sound legal financial advice to protect your assets!Arnold S. Goldstein, Ph.D., one of the country's foremost authorities in asset protection, teaches you to safeguard yourself against creditors, lawsuits, divorce, the IRS and bankruptcy.

          Read this eye-opening financial primer and defend yorself against those who would rob you of your possessions, money and security.

          Customer Reviews:

          3 out of 5 stars Good Information if you're a beginner to the topic.............2006-02-08

          This book is very easy to read and provides some excellent general advice and information for readers who are unfamiliar with the topic.

          However, it does not provide the detailed information needed by someone who wants to formulate their own tailored estate and/or asset protection plan even though the book implies that it does. For example, some of the 'information' relating the differences between states is outdated and/or wrong.

          Read this book for fundamental information and as a wake up call for the need for protection rather than as detailed advice on how you can do it!

          4 out of 5 stars Want to protect yourself!.......2005-12-06

          Author Goldstein has been an asset protection attorney for many years. His first book, Asset Protection Secrets, was a best seller. This one is for everyone: people with money; people with little assets but they don't want to lose them; young and old; married, divorced and single; savvy or naive.

          These chilling words set the tone: "You just never know what a jury will do," and "Juries decide if a case has merit." He states that 93% of Americans have absolutely no lawsuit protection aside from their liability insurance--because we procrastinate and don't think it will ever happen to us.

          You don't have to do anything wrong to be sued and lose. You only have to be in the wrong place at the wrong time--or come across some greedy lunatic who things he has a reason to be grieved.

          Goldstein's advice and strategies show how you can protect yourself against lawsuits, divorce, creditors, the IRS and other deadly threats to your wealth and assets (money, investments, possession, businesses, etc.).

          Bulging with easy-to-understand advice, the book might make you to decide TODAY is the time to start protecting your assets and no longer be non-protected.

          From personal experience, I know that money and time spent now can save you a lot of both later. It is shocking that only one in five Americans have even a simple will to define their wishes.

          The author ends with four important steps:
          1.Commit to action: Set a goal and get started.

          2.Organize your team of advisors to protect your assets, including family members, business associates, etc.--people you can trust.

          3.Recruit the right professionals: your lawyer, accountant, banker, financial planner/investment advisor, insurance professional--and what criteria to use.

          4.Stay proactive in maintaining financial security: Be your own counsel in addition to your advisors; learn, read, be proactive.

          Armchair Interviews says: So Sue Me should scare you right into your lawyers and accountant's office, place a call to your insurance man, and generally "look over your shoulder" now that you know how easily you can lose your assets.








          5 out of 5 stars I Only Wish I'd Had this Book a Few Years Ago.......2005-09-01

          This is a book that I wish I'd had (and paid attention to) some years ago, that is, before being sued for divorce. I then had to learn what he says here through talking to attorneys (at $much per hour this is an expensive approach) and by writing my ex-wife big checks (but I got sole custody of the kid so it was worth it).

          Dr. Goldstein is talking about protecting what assets you have (after divorce that may be considerably less than you had before). When your major assets have been stripped away, you still need to protect what you have left, but some of the rules change. For instance liability insurance, if you carry a million dollar liability policy and have only $10,000 in assets, this may entice a hungry attorney to sue you while if you only had $20,000 in insurance, he may go look for another target.
          Practical Financial Management (with Thomson ONE - Business School Edition 6-Month Printed Access Card)
          Average customer rating: Not rated
            Practical Financial Management (with Thomson ONE - Business School Edition 6-Month Printed Access Card)
            William R. Lasher
            Manufacturer: South-Western College Pub
            ProductGroup: Book
            Binding: Hardcover

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            ASIN: 0324422636

            Book Description

            Follow the Lasher stream to success! Written with students like you in mind, PRACTICAL FINANCIAL MANAGEMENT is filled with relevant, practical, and easy-to-understand information that covers all of the financial management topics you need to succeed in this course. Author William R. Lasher is not only a top-notch teacher; he's also a former CFO who created a text that allows you to "sit in" on intriguing descriptions of the conflicts that financial managers face every day -- including the hidden agendas and biases that decision makers may bring to the analysis of financial proposals.
            EVA and Value-Based Management: A Practical Guide to Implementation
            Average customer rating: 4.5 out of 5 stars
            • Highly Recommended!
            • Excellent book
            • Fails to keep its promise: Metric War + Compensation
            • The EVA Guide which holds nothing back!
            • is that right, EVA?
            EVA and Value-Based Management: A Practical Guide to Implementation
            S. David Young , and Stephen F. O'Byrne
            Manufacturer: McGraw-Hill
            ProductGroup: Book
            Binding: Hardcover

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            ASIN: 0071364390

            Book Description

            Economic Value Added (EVA) and Value Based Management (VBM) are today’s hottest management buzzwords. But written information has often been biased and clouded by the authors’ hidden agendas. EVA and Value-Based Management is the first book to unflinchingly discuss the pros and cons of EVA and VBM. Covering both implementation and conceptual issues, with a strong emphasis on performance measurement, value drivers, and management compensation, it allows readers to come to their own informed conclusions.

            Customer Reviews:

            5 out of 5 stars Highly Recommended!.......2003-02-26

            Kudos to S. David Young and Stephen F. O'Byrne, management consultants who largely steer clear of their industry's usual empty catchphrases and superficial hype. Instead, their lucid explanation of the importance of shareholder value takes center stage. The heftiness of EVA and Value-Based Management may be daunting, but most readers will be satisfied with Part I's strategic overview. The concepts reappear in Part II accompanied by a wealth of technical details, calculations and case studies to help finance professionals with nitty-gritty implementation of EVA (Economic Value Added) programs. The book honestly assesses EVA's power to motivate managers, noting that some companies just are not well-suited for this performance metric. We from getAbstract prescribe this book to corporate executives who have overdosed on consultant jargon but still want to drive value growth in their companies, and to finance specialists who seek a comprehensive roadmap to EVA implementation.

            5 out of 5 stars Excellent book.......2002-08-13

            As an author, speaker and consultant on these topics, I highly recommend this book. Not only have the authors discussed the pros and cons of a number of approaches thoughfully and concisely, they also expand the level of understanding related to the calculations in an accessible way. Their book discusses both implementation issues and the nitty gritty of the mechanics. In sum, the book takes the reader to the next level of understanding. I highly recommend this book.

            3 out of 5 stars Fails to keep its promise: Metric War + Compensation.......2001-07-02

            This book does NOT offer 'A practical guide to valuation' but a theoretical,oldfashioned discussion of the 'Metrics War'and some empirical research on EVA, Compensation and CFROI-Fade.

            My rating has got these origins: Empirical research on Compensation,EVA and CFROI-Fade: A+. Discussion of EVA/CFROI: D-. Terminology: D value for 'Hands-on-valuation': F- Structure: F- Style: F-.

            This book does contain interesting empirical research on EVA etc, but it does not offer 'A practical Guide to Implementation' because it does not contain a STAGE-Approach. Its terminology differs from any other book I've read, you must often guess, which formulas the authors used, because they did not have the courtesy to express their formulas. Some formulas are wrong nad their discussion of the 'metrics war' betweenn EVA and CFROI lags 5 years behind reality. They attack old methods of CFROI,which Boston Consulting and Holt Value published 5 (!) years ago. They fail to know, that BCG have refined CVA/CFROI and that BAYER. Lufthansa,and VEBA have implemented these refined CFROI-techniques,which are way better, than the old methods, which the book attacks.

            Moreover, this book is terrible to read due to a lack of structure, the absence of clear definitions, the lack of formulas, a wordy style,which exhausts your nerves, and many value judgements....

            5 out of 5 stars The EVA Guide which holds nothing back!.......2001-02-07

            This book, together with 'The Quest for Value'by G. Bennett Stewart, III and 'Valuation' by the Tom Copeland, provide a solid backgound on value-based management. S. David Young and Stephen F. O'Byrne give a fair description of their book: 'This book is not a intended to be a "teaser," which tries to tell you enough to whet your appetite so if you want to know more you will have to hire us as your consultants. We aim to be as comprehensive in our treatment of the subject as possible...We try to hold nothing back.' Thank you very much indeed.

            5 out of 5 stars is that right, EVA?.......2001-02-03

            I had a great approach to EVA concept but it too much simple in finances. Any way it is a good point to start the trip through the EVA world. The principle of EVA appears sound, but this book is good at attempting to illustrate how to practically use it.

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