Stochastic Calculus for Finance II: Continuous-Time Models (Springer Finance)
Average customer rating: 4.5 out of 5 stars
  • Great, easy to understand introduction to mathematical finance
  • Pre-digested chicken soup for the "aspiring quant"
  • Good for introduction
  • Shreve has done a tremendous job in communicating the concepts
  • Very good graduate text book
Stochastic Calculus for Finance II: Continuous-Time Models (Springer Finance)
Steven E. Shreve
Manufacturer: Springer
ProductGroup: Book
Binding: Hardcover

GeneralGeneral | Popular Economics | Business & Investing | Subjects | Books
FinanceFinance | Business & Investing | Subjects | Books | Banks & Banking | Corporate Finance | Foreign Exchange | Inflation | Interest
GeneralGeneral | Business & Investing | Subjects | Books
GeneralGeneral | Accounting | Industries & Professions | Business & Investing | Subjects | Books
CalculusCalculus | Pure Mathematics | Mathematics | Science | Subjects | Books
GeneralGeneral | Mathematics | Science | Subjects | Books
CalculusCalculus | Pure Mathematics | Mathematics | Professional Science | Professional & Technical | Subjects | Books
GeneralGeneral | Accounting | Accounting & Finance | Professional & Technical | Subjects | Books
GeneralGeneral | Finance | Accounting & Finance | Professional & Technical | Subjects | Books
Look Inside Business BooksLook Inside Business Books | Trip | Specialty Stores | Books
Look Inside Science BooksLook Inside Science Books | Trip | Specialty Stores | Books
All Amazon UpgradeAll Amazon Upgrade | Amazon Upgrade | Stores | Books
Business & InvestingBusiness & Investing | Amazon Upgrade | Stores | Books
Professional & TechnicalProfessional & Technical | Amazon Upgrade | Stores | Books
ScienceScience | Amazon Upgrade | Stores | Books
All TitlesAll Titles | Qualifying Textbooks - Fall 2007 | Stores | Books
Business & InvestingBusiness & Investing | Qualifying Textbooks - Fall 2007 | Stores | Books
ProfessionalProfessional | Qualifying Textbooks - Fall 2007 | Stores | Books
ScienceScience | Qualifying Textbooks - Fall 2007 | Stores | Books
Similar Items:
  1. Stochastic Calculus for Finance I: The Binomial Asset Pricing Model (Springer Finance) Stochastic Calculus for Finance I: The Binomial Asset Pricing Model (Springer Finance)
  2. Monte Carlo Methods in Financial Engineering (Stochastic Modelling and Applied Probability) Monte Carlo Methods in Financial Engineering (Stochastic Modelling and Applied Probability)
  3. Options, Futures and Other Derivatives (6th Edition) Options, Futures and Other Derivatives (6th Edition)
  4. Heard on the Street: Quantitative Questions from Wall Street Job Interviews Heard on the Street: Quantitative Questions from Wall Street Job Interviews
  5. Financial Calculus : An Introduction to Derivative Pricing Financial Calculus : An Introduction to Derivative Pricing

Accessories:
  1. Applied Partial Differential Equations:: A Visual Approach Applied Partial Differential Equations:: A Visual Approach
  2. Stochastic Calculus for Finance I: The Binomial Asset Pricing Model (Springer Finance) Stochastic Calculus for Finance I: The Binomial Asset Pricing Model (Springer Finance)

ASIN: 0387401016

Book Description

Stochastic Calculus for Finance evolved from the first ten years of the Carnegie Mellon Professional Master's program in Computational Finance. The content of this book has been used successfully with students whose mathematics background consists of calculus and calculus-based probability. The text gives both precise statements of results, plausibility arguments, and even some proofs, but more importantly intuitive explanations developed and refine through classroom experience with this material are provided. The book includes a self-contained treatment of the probability theory needed for stochastic calculus, including Brownian motion and its properties. Advanced topics include foreign exchange models, forward measures, and jump-diffusion processes.

This book is being published in two volumes. This second volume develops stochastic calculus, martingales, risk-neutral pricing, exotic options and term structure models, all in continuous time.

Master's level students and researchers in mathematical finance and financial engineering will find this book useful.

Customer Reviews:

5 out of 5 stars Great, easy to understand introduction to mathematical finance.......2007-06-22

I say it's an "introduction" because I have little background in both stochastic calculus and finance but find this to be fairly easy to read. Unless other texts that present the material in a much more dense manner, i.e. skipping over the majority of derivations, Schreve goes through the derivation for even the most routine of derivations--which is actually great for a newbie like me.

The text is self-contained and covers a wide range of topics. I would like him to cover some practical aspects of modeling in finance, but that's really not what the text is about. For what it set out to explain, it does a great job. 5 stars.

5 out of 5 stars Pre-digested chicken soup for the "aspiring quant".......2007-04-14

While writing a review for Hull's text, I suggested that an easier (than to start with Hull) way to learn quantitative finance is to pick up one of the more focused books on the subject. There is a huge deluge of these books - I think one comes out every few weeks. They all cover the same topics, in roughly the same manner, so there is little that distinguishes one from the other. There is certainly not much different in content in Shreve than in others - in fact you cannot go wrong by picking any well known book - just pick the cheapest.

What is different about Shreve is that he does not skimp on the details. As another reviewer pointed out, this is not an elegant book. For people new to quant finance, this is actually a good thing. There are pages after pages of ugly equations written in gory detail. In almost any other quantitative book (I don't mean quantitative finance book - but any book that is of a quantitative nature, be it wireless communications or information theory or what have you) these details would have been omited. But not here, and for a good reason: There are PhDs in areas that are only remotely quantitatve - who want to switch to quantitative finance just because they think there is money in the area. These people don't have the mathematical maturity or stamina required to actually go home and do the (mechanical!) math between equations themselves. They want to see it all done, served to them on a platter with fries and ketchup, please - because they haven't done math in a while but are "interested" in it. Shreve obliges. And succeeds beautifully in serving pre-digested food to those that need it.

Shreve even gives you a sense of having done something yourself through his exercies. Again the excercises in his book are unlike anything that I have see in any mathematically inclined text - they make up a whole section in each chapter. Again, Shreve is serving you things on a platter - the exercies essentially come with the equivalent of a verbose TA built-in - Shreve guides you to the solution, in a very tenderly-holding-your-hand manner. Of course, this is a good thing, for those that need it.

The chapters on SDEs and even on jump processes will make good chicken-soup introductions to these topics, and are written in a more rigorous (and, though I repeat myself, verbose) fashion than some of the other books I have seen. The book also strikes a good balance between the PDE approach and the martingale approach to pricing. The chapter on PDEs itself, in particular, is well written and does a good job of pointing out the Feynamn Kac connection between the two approaches. In general, this book covers everythying that my friends who are faculty in mathematical finance courses teach in a (continuous time finance course in a) typical MS in Qfin program.

While my review may sound negative, the verbosity of the book is its asset, because most people approaching it are looking for it. When grad students, who otherwise are not interested in talking to me, learn about what I do for a living and suddenly become extremely ingratiating, (and start drooling a bit from the side of their mouth) and go on to ask me for what to read, this is the book I recommend to them. It will take them from cluelessness to the point where they can actually see what Hull has been sweeping under the carpet.

Let me say it again, this is not a negative review for the book. The book does its job beautifully. But it doesnt have a soul. But then, nor does the greedy grad student who is suddenly interested in quantitative finance.

5 out of 5 stars Good for introduction.......2007-01-10

This book introduced Symmetric Random Walk and then proved its properties before introducing Brownian Motion. More detailed proofs should be included in Ito integrals.

5 out of 5 stars Shreve has done a tremendous job in communicating the concepts.......2006-10-31

Although I work in a major global bank at a senior level I don't use stochastic calculus in my job. My maths and physics background goes back to the 1970s when stochastic calculus was not part of undergraduate studies. Indeed, one usually did stochastic theory at postgraduate level. I have memories of reading Halmos for measure theory, Feller for probability theory, Wiener and others. None of this was easy.

Suffice it to say that there were a lot of abstract building blocks one had to erect first before one could actually do anything useful.

Stochastic calculus is not easy. It is less intuitive than ordinary calculus. The vast majority of textbooks launch into a wall of definitions that seem divorced from the motivation for them. I am always suspicious of authors who do that. It's fine if you are writing for a very specialised audience but I am with Richard Feynman who reckoned that if you can't provide a simple explanation you don't really understand what is going on. In that context read his PhD thesis - it is most readable and understandable.

What Shreve has done - and this is a significant achievement in my view - is to present something that is rigorous enough (and we all know that in this and other areas of mathematics one can go on and on with minute points of detail all in the name of rigour) yet grounds the concepts in something that is understandable.

The simple pedagogical fact of life with this type of material is that there is a large overhead in getting to a particular point and Shreve had done a very good job in getting readers to a good standard without destroying their will to go on!

When one looks at areas of mathematics with much longer pedigrees - and Fourier Theory is an example - there are some extremely good presentations of the theory at both mathematical and physical levels. Elias Stein, for instance, has done some marvellous work in the area. Stochastic calculus is really very young in terms of mainstream appeal. I can recall actuarial subjects I did in the early 1980s that had no stochastic calculus at all in them. All that has changed and I think Shreve's attempts in this area can be improved upon too but this will only happen over time.

My colleagues in quant like Shreve's books so I guess that says something too.

5 out of 5 stars Very good graduate text book.......2006-06-23

This book makes no claims to be the mathematical bible on stochastic calculus and I believe that the author refers (in a blatant piece of marketing) to the other Shreve book with Karatzas, which trust me IS a very intractable read.

This is a good book and covers all the topics in a well rounded manner, he also has a very good little section in which he addresses his competitors, such as Steele etc etc,

IF you want a really ridiculous read and to show off to your mates then I recommend Musiela and Rutkowski, which I use to prop my door open in hot weather, this book has pretty much everything but is written in a very dense and inaccessible manner, you get nervous opening it, as you find something new you didn't know every time, I don't like abook to make me feel that dumb and its not really an sde book!!!!!!

In summary I am happy with my purchase of Shreve, many moons ago, I will use it again to teach an MSc course and the students will again complain that its too hard, until I give them a few refs and they will understand that you can't just waltz into the city and say I wanna be a quantitative analyst it takes hard work. Reading Shreve puts you on the right road and you can't say anything more highly than that.

As to the discussion by previous reviewers on the Ito-Doebin formula I suggest Karatzas and Shreve will answer you arguments.
Workouts and Turnarounds II: Global Restructuring Strategies for the Next Century: Insights from the Leading Authorities in the Field
Average customer rating: 3 out of 5 stars
  • Not to the point
  • What to Do...What Not to Do
Workouts and Turnarounds II: Global Restructuring Strategies for the Next Century: Insights from the Leading Authorities in the Field

Manufacturer: Wiley
ProductGroup: Book
Binding: Hardcover

Corporate FinanceCorporate Finance | Finance | Business & Investing | Subjects | Books
GeneralGeneral | Business & Investing | Subjects | Books
GeneralGeneral | Accounting | Industries & Professions | Business & Investing | Subjects | Books
ManagementManagement | Management & Leadership | Business & Investing | Subjects | Books
Organizational ChangeOrganizational Change | Organizational Behavior | Business & Investing | Subjects | Books
GeneralGeneral | Accounting | Accounting & Finance | Professional & Technical | Subjects | Books
GeneralGeneral | Business & Finance | New & Used Textbooks | Stores | Books
All Amazon UpgradeAll Amazon Upgrade | Amazon Upgrade | Stores | Books
Business & InvestingBusiness & Investing | Amazon Upgrade | Stores | Books
Professional & TechnicalProfessional & Technical | Amazon Upgrade | Stores | Books
All TitlesAll Titles | Qualifying Textbooks - Fall 2007 | Stores | Books
Business & InvestingBusiness & Investing | Qualifying Textbooks - Fall 2007 | Stores | Books
ProfessionalProfessional | Qualifying Textbooks - Fall 2007 | Stores | Books
Look Inside Business BooksLook Inside Business Books | Trip | Specialty Stores | Books
Similar Items:
  1. Distressed Debt Analysis: Strategies for Speculative Investors Distressed Debt Analysis: Strategies for Speculative Investors
  2. Creating Value Through Corporate Restructuring: Case Studies in Bankruptcies, Buyouts, and Breakups Creating Value Through Corporate Restructuring: Case Studies in Bankruptcies, Buyouts, and Breakups
  3. Harvard Business Review on Turnarounds Harvard Business Review on Turnarounds

ASIN: 0471246360

Book Description

The most trusted names in workouts and turnarounds share their valuable strategies Compiling insights and methods from industry experts, this authoritative and practical guide cuts through the maze of corporate restructuring jargon to give corporate leaders and professionals the proven techniques and clear advice needed to understand today's corporate turnarounds and workouts. Workouts & Turnarounds II: Global Restructuring Strategies for the Next Century gives detailed coverage of the key issues involved in this process-from both the creditor and company positions. You'll learn how to identify a troubled company and determine the chances of turnaround, and what management should focus on before it's too late. One of the leading authorities in financial and operational restructuring services, Dominic DiNapoli has assembled experts from around the country who have provided their insights and years of experience in the various topics covered in this book. From business regeneration tactics, to managing corporate communications, to the roles of lawyers and lender services, you'll find a wealth of information in this comprehensive reference. In addition, this guide contains case studies of turnarounds in progress, illustrating many of the techniques and strategies currently available. Whether you are a CEO, an attorney, or a lender restructuring or investing in distressed companies, Workouts & Turnarounds II: Global Restructuring Strategies for the Next Century gives you the crucial information you need to make the right decisions today.

Customer Reviews:

1 out of 5 stars Not to the point.......2002-08-23

This book will explain how the rules were created and turned to what they are today. Who cares how they came to be, the only important thing is what you can and cannot do under the circumstances. It will explain what to consider, in general terms, when valuing distressed companies. But what discount rate should you use? How would you value different assets? It doesn't explain. There are no numbers in this book. It's not practical. It's like buying a cooking book and when you want to know how to make a cake the book reads: "use eggs, milk, flower and mix". Ok, thanks.

5 out of 5 stars What to Do...What Not to Do.......2000-05-09

Every executive should make active use of a basic reference library of about 12-15 business books; Workouts & Turnarounds II should be one them. Edited by Dominic DiNapoli, it consists of 21 different chapters, written (or co-authored) by experts on various subjects. These chapter titles suggest some of the issues which are addressed:

* Trouble-Spotting: Assessing the Likelihood of a Turnaround

* Looming Financial or Business Failure: Fix or File -- A Legal Perspective

* Preparing for Bankruptcy: Building the War Chest

* The Lawyer's Role in Representing the Distressed Company

* The Accountant's Role in the Workout Environment

* Dealing with Employee Issues in a Bankruptcy Situation

* Mergers and Acquisition Strategies for the Distressed Company

At one time or another, all organizations experience serious problems. Many of them eventually recover. The wealth of information and advice provided in this single volume explains HOW. Other organizations, unable to solve their problems, are either liquidated or acquired. This book explains WHY. I know of no other single volume which offers more and better information about workouts and turnarounds, corporate restructuring, and bankruptcy proceedings. This book can be of substantial value to those involved with a distressed organization. It was written primarily for them. However, I think this book can also be of substantial value to those whose organization is (at the moment) thriving and who are determined to sustain that success. Knowing what NOT to do is often as important as knowing what to do.
Manager's Guide to Compliance: Sarbanes-Oxley, COSO, ERM, COBIT, IFRS, BASEL II, OMB's A-123, ASX 10, OECD Principles, Turnbull Guidance, Best Practices, and Case Studies (Manager's Guide Series)
Average customer rating: 4.5 out of 5 stars
  • Reference only
  • very useful book
  • Outstanding
  • Most Helpful for My Accounting and Auditing Groups
  • Essential Reading for My US and Chinese Businesses
Manager's Guide to Compliance: Sarbanes-Oxley, COSO, ERM, COBIT, IFRS, BASEL II, OMB's A-123, ASX 10, OECD Principles, Turnbull Guidance, Best Practices, and Case Studies (Manager's Guide Series)
Anthony Tarantino
Manufacturer: Wiley
ProductGroup: Book
Binding: Hardcover

GeneralGeneral | Business & Investing | Subjects | Books
ManagementManagement | Management & Leadership | Business & Investing | Subjects | Books
Business LawBusiness Law | Reference | Business & Investing | Subjects | Books
GeneralGeneral | Law | Subjects | Books
Look Inside Business BooksLook Inside Business Books | Trip | Specialty Stores | Books
Look Inside Nonfiction BooksLook Inside Nonfiction Books | Trip | Specialty Stores | Books
All Amazon UpgradeAll Amazon Upgrade | Amazon Upgrade | Stores | Books
Business & InvestingBusiness & Investing | Amazon Upgrade | Stores | Books
LawLaw | Amazon Upgrade | Stores | Books
All TitlesAll Titles | Qualifying Textbooks - Fall 2007 | Stores | Books
Business & InvestingBusiness & Investing | Qualifying Textbooks - Fall 2007 | Stores | Books
Similar Items:
  1. COSO Enterprise Risk Management: Understanding the New Integrated ERM Framework COSO Enterprise Risk Management: Understanding the New Integrated ERM Framework
  2. The Sarbanes-Oxley Section 404 Implementation Toolkit : Practice Aids for Managers and Auditors The Sarbanes-Oxley Section 404 Implementation Toolkit : Practice Aids for Managers and Auditors
  3. Sarbanes-Oxley For Dummies (For Dummies (Business & Personal Finance)) Sarbanes-Oxley For Dummies (For Dummies (Business & Personal Finance))
  4. Sarbanes-Oxley Guide for Finance and Information Technology Professionals Sarbanes-Oxley Guide for Finance and Information Technology Professionals
  5. Sarbanes-Oxley IT Compliance Using COBIT and Open Source Tools Sarbanes-Oxley IT Compliance Using COBIT and Open Source Tools

ASIN: 0471792578

Book Description

Compliance requirements are here to stay.

Prepare your company for the growing challenge.

A Wall Street Journal/Harris poll revealed that two thirds of investors express doubts in the ability of corporate boards of directors to provide effective oversight. In the shadow of recent global scandals involving businesses such as Parmalat and WorldCom, Manager's Guide to Compliance: Best Practices and Case Studies is essential reading for you, whether your organization is a major corporation or a small business.

This timely handbook places U.S. and global regulatory information, as well as critical compliance guidance, in an easy-to-access format and helps you make sense of all the complex issues connected with fraud and compliance.

"Wide perspectives and best practices combined deliver a punch that will knock your 'SOX' off! The author has blended together a critical mix necessary for effectively handling the requirements of SOX."
—Rob Nance, Publisher, AccountingWEB, Inc.

"Robust compliance and corporate governance is an absolute necessity in today's business environment. This new book by Anthony Tarantino is an authoritative guide to understanding and implementing compliance and regulatory requirements in the United States and around the world. From SOX to COSO to ERM, this book covers them all."
—Martin T. Biegelman, Certified Fraud Examiner, Fellow and Regent Emeritus of the Association of Certified Fraud Examiners, and coauthor of Executive Roadmap to Fraud Prevention and Internal Control: Creating a Culture of Compliance

"If compliance wasn't difficult enough, now companies are faced with a barrage of technology vendors claiming to automate compliance as if it were a project. In his new book, Dr. Tarantino paints the reality of the situation: companies need to embrace the broader tenets of governance and use technology to embed governance policies and controls into their daily business processes. Only then can they gain business value from their compliance investments."
—Chris Capdevila, CEO and cofounder, LogicalApps

Customer Reviews:

3 out of 5 stars Reference only.......2007-07-04

Useful as a reference guide, but not something that I would recommend as the first or last read on Compliance. Have kept it around as a great reference document.

4 out of 5 stars very useful book.......2007-03-13

i have just read some chapter such as Sarbanes-Oxley and fast scan the other. I think it is the book which i look for.

5 out of 5 stars Outstanding.......2007-01-24

Prior to reading this book I knew almost nothing about compliance. The book is well written and easy to understand for anyone that has formal accounting education. The book provided a tremendous amount of insight, and was very practical. The book has helped out at work tremendously.

5 out of 5 stars Most Helpful for My Accounting and Auditing Groups.......2006-04-29

As the CFO of a privately held company looking to go public in the next few years this is what we needed to focus our compliance and governance programs.

5 out of 5 stars Essential Reading for My US and Chinese Businesses.......2006-04-29

Dr. Tarantino's book was exactly what I needed to understand the many regulations facing my businesses in the US and China. It will be required reading for my various managers and directors.
Value Added Risk Management in Financial Institutions: Leveraging Basel II & Risk Adjusted Performance Measurement (Wiley Finance)
Average customer rating: 5 out of 5 stars
  • Very timely. Thoughtful presentation
  • Risk management as an asset, not a cost
  • Timely and useful for bankers contemplating BIS 2
  • Practical Application
  • Essential Reading for Risk Managers Implementing BIS 2
Value Added Risk Management in Financial Institutions: Leveraging Basel II & Risk Adjusted Performance Measurement (Wiley Finance)
David P. Belmont
Manufacturer: Wiley
ProductGroup: Book
Binding: Hardcover

Strategy & CompetitionStrategy & Competition | Management & Leadership | Business & Investing | Subjects | Books
ManagementManagement | Management & Leadership | Business & Investing | Subjects | Books
Systems & PlanningSystems & Planning | Management & Leadership | Business & Investing | Subjects | Books
Risk AssessmentRisk Assessment | Management & Leadership | Business & Investing | Subjects | Books
GeneralGeneral | Business & Investing | Subjects | Books
GeneralGeneral | Accounting | Industries & Professions | Business & Investing | Subjects | Books
Banks & BankingBanks & Banking | Industries & Professions | Business & Investing | Subjects | Books
GeneralGeneral | Investing | Business & Investing | Subjects | Books
GeneralGeneral | Accounting | Accounting & Finance | Professional & Technical | Subjects | Books
GeneralGeneral | Finance | Accounting & Finance | Professional & Technical | Subjects | Books
Look Inside Business BooksLook Inside Business Books | Trip | Specialty Stores | Books
All DealsAll Deals | Blowout Books | Stores | Books
Business & InvestingBusiness & Investing | Blowout Books | Stores | Books
All TitlesAll Titles | Qualifying Textbooks - Fall 2007 | Stores | Books
Business & InvestingBusiness & Investing | Qualifying Textbooks - Fall 2007 | Stores | Books
ProfessionalProfessional | Qualifying Textbooks - Fall 2007 | Stores | Books
Similar Items:
  1. Economic Capital Allocation with Basel II: Cost, Benefit and Implementation Procedures Economic Capital Allocation with Basel II: Cost, Benefit and Implementation Procedures
  2. Managing Bank Capital: Capital Allocation and Performance Measurement, 2nd Edition Managing Bank Capital: Capital Allocation and Performance Measurement, 2nd Edition
  3. The New Basel Capital Accord The New Basel Capital Accord
  4. Risk Management and Value Creation in Financial Institutions Risk Management and Value Creation in Financial Institutions
  5. The Standard & Poor's Guide to Measuring and Managing Credit Risk The Standard & Poor's Guide to Measuring and Managing Credit Risk

ASIN: 0470821159

Book Description

A new perspective on risk management
Risk management has evolved to address the more strategic issue of optimization of return on risk. This has been accompanied by statistical, mathematical, and financial techniques which-when actively applied-can aid an institution in producing disproportionately high returns on risk. Adding Value Through Risk Management aims to describe these techniques, illustrate their application, and discuss their strategic value for financial institutions.
David Belmont is Director of Group Risk Control for Nexgen Financial Solutions Group (NFS).

Customer Reviews:

5 out of 5 stars Very timely. Thoughtful presentation.......2005-05-03

This book is a gem - very timely and well-thought out. David Belmont obviously has a lot of experience in this area, but also has put in a lot of thought-leadership into this book. He traces the Basel II accord to its roots in M&M economics, and convincingly argues why bank risk management is a critical function. He then traces a thread from risk management to capital management and shows why and how banks can make use of Basel implementations to achieve a high degree of control and positioning of their operations.
The only knock on this book is that I found several typos and simple editing errors - it is clear that deadlines won over editorial quality. Hopefully the next edition will be cleared up in this regard - nevertheless I highly recommend this book.

5 out of 5 stars Risk management as an asset, not a cost.......2004-05-01

This is a book that every bank board member should read. Sure, any board member worth his/her salt will be familiar with Basel II and risk measures such as VaR, but how many think of Basel II as a cost or imposition, and VaR as just another piece of information? Mr Belmont's easy to follow approach should allow readers to examine the way in which they can differentiate their own institution by using the investment in regulatory risk management to create, rather than just protect,shareholder value.

Thankfully, Mr Belmont strikes a good balance between theory and reality, both in his explanantion of market behaviour and in the presentation of his arguments. This is a book that the "mathematically challenged" like me can still enjoy and benfit from.

5 out of 5 stars Timely and useful for bankers contemplating BIS 2.......2004-04-14

Even without the incentives provided by the upcoming Basel 2 guidelines, this book is timely and convincingly puts forth the proposition that active risk management is in itself a valuable component in the creation of shareholder value. Returns on investment in more sophisticated tools for risk quantification will be enhanced when the information is not only used for performance measurement, but also for such shareholder value-added activities such as capital allocation and balance sheet structuring.

I recommend this book for all practitioners of risk management.

5 out of 5 stars Practical Application.......2004-03-22

Belmont has done an exceptional job at communicating the importance and practical application of risk measures for today's business environment. The book offers the reader a thorough assessment of what banking executives face everyday and how best to manage these risk and regain the control necessary for any banking executive to grow its business without putting into jeopardy the best interest of its shareholders, which in no small measure is a testament to Belmont's clear understanding of the challenges faced by most executives and the demands they face in terms of managing near term performance goals with long term stability.

5 out of 5 stars Essential Reading for Risk Managers Implementing BIS 2.......2004-03-17

Given the dual pressures banks face from regulators and investors to address the challenges of Basle 2 and create shareholder value, this book is highly relevant and timely. It provides practical, concise and real world guidance to any senior bank executive seeking to add value in his institution by optimizing the usage of economic capital. Economic capital based performance measures are clearly presented and illustrated with real life examples. Additionally, anyone implementing Basle 2 must ask how this can be done and what value it creates for the organization. This book provides the answers.

The book quickly gives a real world context the value of risk management information to bank CEOs, CFOs, institutional security analysts, and investors. It then goes on to demonstrate theoretically and practically how risk management information can be used to address key strategic decisions faced by senior bank management.

Any risk manager, CFO, or CEO in a financial institution should find this book valuable if they seek to create shareholder value in their institution. Similarly, anyone seeking to rise to the executive suite must understand the issues addressed in this well written book.
Schaum's Outline of Principles of Accounting II
Average customer rating: 4.5 out of 5 stars
  • very clear and thorough
  • Great "Nuts and Bolts" Book
  • Review principles of accounting II
Schaum's Outline of Principles of Accounting II
Joel Lerner , and James A. Cashin
Manufacturer: McGraw-Hill
ProductGroup: Book
Binding: Paperback

GeneralGeneral | Business & Investing | Subjects | Books
GeneralGeneral | Accounting | Industries & Professions | Business & Investing | Subjects | Books
GeneralGeneral | Accounting | Accounting & Finance | Professional & Technical | Subjects | Books
Study GuidesStudy Guides | Reference | Subjects | Books
Look Inside Business BooksLook Inside Business Books | Trip | Specialty Stores | Books
Look Inside Reference BooksLook Inside Reference Books | Trip | Specialty Stores | Books
All TitlesAll Titles | Qualifying Textbooks - Fall 2007 | Stores | Books
Business & InvestingBusiness & Investing | Qualifying Textbooks - Fall 2007 | Stores | Books
ProfessionalProfessional | Qualifying Textbooks - Fall 2007 | Stores | Books
ReferenceReference | Qualifying Textbooks - Fall 2007 | Stores | Books
Similar Items:
  1. Schaum's Outline of Principles of Accounting I (Schaum's) Schaum's Outline of Principles of Accounting I (Schaum's)
  2. Schaum's Financial Accounting 2 Ed. Schaum's Financial Accounting 2 Ed.
  3. Schaum's Outline of Intermediate Accounting I Schaum's Outline of Intermediate Accounting I
  4. Schaum's Guideline of Managerial Accounting Schaum's Guideline of Managerial Accounting
  5. Schaum's Outline of Intermediate Accounting II Schaum's Outline of Intermediate Accounting II

ASIN: 0070375895

Book Description

Taking the same practical approach as Principles of Accounting I, this book teaches the second part of introductory accounting courses, including FASB requirements for the statement of cash flow. Covering specialized areas and aspects of business such as manufacturing costs, budgets, standard costs and financial ratios, the contents match those of the leading acocunting textbooks. Students in regular and special accounting prgrams and nonmajors will also appreciate the selection of fully solved problems.

Customer Reviews:

5 out of 5 stars very clear and thorough.......2007-01-11

It was very clear and thorough. It is a pretty guide review for the Clep exam, but you will need to study Principles of Accounting II also for the Principles of Accounting CLEP.

4 out of 5 stars Great "Nuts and Bolts" Book.......2005-11-23

If a company is going to buy assets to turn a profit, it has to first get capital from somewhere, right? And in the course of making sales and providing services, it needs to literally account for the use of that capital. Lerner and Cashin make readers comfortable working with major sources of capital in an easy to understand way.

Chapters 3 through 8 are the heart and soul of the book. They explore common stock issuance, subscriptions and treasury stock, retained earnings and bonds. By doing the "Solved Problems" and chapter-end exercises, I came to a much better understanding of accounting mechanics pertaining to capital concerns.

The book is also very valuable for those seeking to better understand manufacturing accounting, cost systems and budgets, as well as financial statement analysis.

Consistently clear, the authors do an excellent job in helping those interested in accounting better understand the subject matter. They helped me - I hope you benefit too!

5 out of 5 stars Review principles of accounting II.......2005-09-14

The delivery was good. The condition of the book was good (new book). I would not hasate to buy another book in the future.
2006 Current Text Volumes I and II (Accounting Standards Current Text)
Average customer rating: Not rated
    2006 Current Text Volumes I and II (Accounting Standards Current Text)
    Financial Accounting Standards Board (FASB)
    Manufacturer: Wiley
    ProductGroup: Book
    Binding: Paperback

    GeneralGeneral | Popular Economics | Business & Investing | Subjects | Books
    GeneralGeneral | Business & Investing | Subjects | Books
    GeneralGeneral | Accounting | Industries & Professions | Business & Investing | Subjects | Books
    GeneralGeneral | Accounting | Accounting & Finance | Professional & Technical | Subjects | Books
    Look Inside Business BooksLook Inside Business Books | Trip | Specialty Stores | Books
    All TitlesAll Titles | Qualifying Textbooks - Fall 2007 | Stores | Books
    Similar Items:
    1. 2006 Original Pronouncements, Volume 1-3 (Accounting Standards Original Pronouncements) 2006 Original Pronouncements, Volume 1-3 (Accounting Standards Original Pronouncements)
    2. Wiley GAAP 2007: Interpretation and Application of Generally Accepted Accounting Principles (Wiley Gaap) Wiley GAAP 2007: Interpretation and Application of Generally Accepted Accounting Principles (Wiley Gaap)
    3. 2006 FASB Statements of Financial Accounting Concepts (Accounting Standards Statements of Financial Accounting Concepts) 2006 FASB Statements of Financial Accounting Concepts (Accounting Standards Statements of Financial Accounting Concepts)
    4. Miller GAAP Guide Level A (2006) (Miller Gaap Guide) Miller GAAP Guide Level A (2006) (Miller Gaap Guide)
    5. Miller GAAP Guide Levels B, C, and D (2006) (Miller Gaap Practice Manual) Miller GAAP Guide Levels B, C, and D (2006) (Miller Gaap Practice Manual)

    ASIN: 0470052554

    Book Description

    The FASB current text is a topical integration of currently effective accounting and reporting standards. Material is drawn from FASB Statements of Financial Accounting Standards and FASB Interpretations, AICPA Accounting Research Bulletins and APB Opinions. Volume I (General Standards) contain those standards that are generally applicable to all enterprises. Volume II (Industry Standards) contain specialized standards that are applicable to not-for-profit organizations and enterprises operating in specific industries. Each year these manuals are updated to reflect changes in standards. Intended a supplement to a course in Intermediate Accounting, Advanced Accounting, or Accounting Theory.
    ** Also available on the Financial Accounting Research System (FARS) CD-ROM, ISBN 0-471-05260-0
    Accounting Principles II (Cliffs Quick Review)
    Average customer rating: 4.5 out of 5 stars
    • Good reference book
    • As good as it gets, considering the material
    Accounting Principles II (Cliffs Quick Review)
    Elizabeth A. Minbiole
    Manufacturer: Cliffs Notes
    ProductGroup: Book
    Binding: Paperback

    GeneralGeneral | Business & Investing | Subjects | Books
    GeneralGeneral | Accounting | Industries & Professions | Business & Investing | Subjects | Books
    GeneralGeneral | Education | Nonfiction | Subjects | Books
    GeneralGeneral | Reference | Education | Nonfiction | Subjects | Books
    Book NotesBook Notes | Education | Reference | Subjects | Books
    College EntranceCollege Entrance | Test Guides - College & University | Education | Reference | Subjects | Books
    GeneralGeneral | Accounting | Accounting & Finance | Professional & Technical | Subjects | Books
    GeneralGeneral | Business & Investing | 4-for-3 Books Store | Stores | Books
    AccountingAccounting | Industries & Professions | Business & Investing | 4-for-3 Books Store | Stores | Books
    GeneralGeneral | Education | Nonfiction | 4-for-3 Books Store | Stores | Books
    ReferenceReference | Education | Nonfiction | 4-for-3 Books Store | Stores | Books
    AccountingAccounting | Accounting & Finance | Professional & Technical | 4-for-3 Books Store | Stores | Books
    Book NotesBook Notes | Education | Reference | 4-for-3 Books Store | Stores | Books
    College EntranceCollege Entrance | Test Guides - College & University | Education | Reference | 4-for-3 Books Store | Stores | Books
    All 4-for-3 DealsAll 4-for-3 Deals | 4-for-3 Books Store | Stores | Books
    All Amazon UpgradeAll Amazon Upgrade | Amazon Upgrade | Stores | Books
    Business & InvestingBusiness & Investing | Amazon Upgrade | Stores | Books
    NonfictionNonfiction | Amazon Upgrade | Stores | Books
    Professional & TechnicalProfessional & Technical | Amazon Upgrade | Stores | Books
    ReferenceReference | Amazon Upgrade | Stores | Books
    Cliffs NotesCliffs Notes | Amazon Upgrade | Stores | Books
    All TitlesAll Titles | Qualifying Textbooks - Fall 2007 | Stores | Books
    Business & InvestingBusiness & Investing | Qualifying Textbooks - Fall 2007 | Stores | Books
    NonfictionNonfiction | Qualifying Textbooks - Fall 2007 | Stores | Books
    ProfessionalProfessional | Qualifying Textbooks - Fall 2007 | Stores | Books
    ReferenceReference | Qualifying Textbooks - Fall 2007 | Stores | Books
    Similar Items:
    1. Accounting Principles I (Cliffs Quick Review) Accounting Principles I (Cliffs Quick Review)
    2. Economics (Cliffs Quick Review) Economics (Cliffs Quick Review)
    3. Principles of Management (Cliffs Quick Review) Principles of Management (Cliffs Quick Review)
    4. Statistics (Cliffs Quick Review) Statistics (Cliffs Quick Review)
    5. Economics Micro & Macro (CliffsAP) Economics Micro & Macro (CliffsAP)

    ASIN: 0764585657

    Book Description

    CliffsQuickReview course guides cover the essentials of your toughest classes. Get a firm grip on core concepts and key material, and test your newfound knowledge with review questions.

    From budgeting, cost accounting, and liabilities to partnerships and corporations, CliffsQuickReview Accounting Principles II can help you understand and retain advanced accounting concepts. This guide introduces each topic, defines key terms, and walks you through each sample problem step-by-step. In no time, you'll be ready to tackle other concepts in this book such as

    CliffsQuickReview Accounting Principles II acts as a supplement to your textbook and to classroom lectures. Use this reference in any way that fits your personal style for study and review — you decide what works best with your needs. Whether you read the book from cover to cover or focus on select topics, you always get clear, jargon-free explanations of the fundamentals, supplemented with equations, charts, and tables.

    With titles available for all the most popular high school and college courses, CliffsQuickReview guides are a comprehensive resource that can help you get the best possible grades.

    Customer Reviews:

    4 out of 5 stars Good reference book.......2007-01-04

    I purchased this book for my business library. Very concise and helps to cover the basics of accounting.

    5 out of 5 stars As good as it gets, considering the material.......2003-10-30

    Wow, accounting, what a thrilling weekend of reading. As far as prep guides go, I find these cliffsquick books to be excellent. I read this book as well as the accounting I book from the same series. I have never had any exposure to accounting, and this book brings you up to speed quickly. Of course, this is the more advanced in the series so you may consider not starting here if you're new. It's well written and includes some visual aids that really help.
    Happy reading
    Schaum's Outline of Intermediate Accounting II
    Average customer rating: 4 out of 5 stars
    • Good Supplement to CFA Studies
    Schaum's Outline of Intermediate Accounting II
    Baruch Englard
    Manufacturer: McGraw-Hill
    ProductGroup: Book
    Binding: Paperback

    GeneralGeneral | Business & Investing | Subjects | Books
    GeneralGeneral | Accounting | Industries & Professions | Business & Investing | Subjects | Books
    GeneralGeneral | Accounting | Accounting & Finance | Professional & Technical | Subjects | Books
    Study GuidesStudy Guides | Reference | Subjects | Books
    Look Inside Business BooksLook Inside Business Books | Trip | Specialty Stores | Books
    Look Inside Reference BooksLook Inside Reference Books | Trip | Specialty Stores | Books
    Similar Items:
    1. Schaum's Outline of Intermediate Accounting I Schaum's Outline of Intermediate Accounting I
    2. Schaum's Outline of Principles of Accounting II Schaum's Outline of Principles of Accounting II
    3. Schaum's Outline of Principles of Accounting I (Schaum's) Schaum's Outline of Principles of Accounting I (Schaum's)
    4. Schaum's Outline of Cost Accounting, 3rd, Including 185 Solved Problems Schaum's Outline of Cost Accounting, 3rd, Including 185 Solved Problems
    5. Schaum's Financial Accounting 2 Ed. Schaum's Financial Accounting 2 Ed.

    ASIN: 0070194831

    Book Description

    If you want top grades and a thorough understanding of Intermediate Accounting II, this powerful study tool is the best tutor you can have! It takes you step-by-step through the subject and gives you 431 accompanying related problems with fully worked solutions. You also get plenty of practice problems to do on your own, working at your own speed. (Answers at the back show you how you're doing.) Famous for their clarity, wealth of illustrations and examples, and lack of dreary minutiae, Schaum’s Outlines have sold more than 30 million copies worldwide—and this guide will show you why!

    Customer Reviews:

    4 out of 5 stars Good Supplement to CFA Studies.......2005-07-13

    Thus far, I have been fairly impressed with the quality and consistency of Schaum's Outlines. While I can't fairly evaluate this book's usefulness to CPA candidates, I believe that Baruch Englard's Intermediate Accounting II provides an excellent supplement to those pursuing the CFA curriculum or students studying accounting.

    I appreciated Englard's attention to accuracy - I found few errors or discrepancies (but hey that could just be me!). To his credit, he also has a good way of explaining things.

    The book's copyright is 1992, but the chapter material was still very relevant. The fundamental concepts presented in the book seem to have lasting value.

    Most valuable to me were chapters covering Long-Term Liabilities, Dilutive Securities and Earnings Per Share, Revenue Recognition Issues, Accounting for Leases, Statement of Cash Flows, Accounting for Pensions and Deferred Income Taxes. All of these topics are currently studied under the CFA curriculum. Englard's accounting perspective broadens the financial analysts focus and thus makes the book a very worthwhile read.

    Chapter end review problems provide readers with ample opportunity to further understand concepts. I commend Schaum's Outlines for being consistent with this general format. It facilitates one's learning and increased interest in topical studies.
    Accounting Principles, with PepsiCo Annual Report, Study Guide, Volume II, Chapters 14-27
    Average customer rating: Not rated
      Accounting Principles, with PepsiCo Annual Report, Study Guide, Volume II, Chapters 14-27
      Jerry J. Weygandt , Donald E. Kieso , and Paul D. Kimmel
      Manufacturer: Wiley
      ProductGroup: Book
      Binding: Paperback

      GeneralGeneral | Business & Investing | Subjects | Books
      GeneralGeneral | Accounting | Industries & Professions | Business & Investing | Subjects | Books
      GeneralGeneral | Accounting | Accounting & Finance | Professional & Technical | Subjects | Books
      Look Inside Business BooksLook Inside Business Books | Trip | Specialty Stores | Books
      All TitlesAll Titles | Qualifying Textbooks - Fall 2007 | Stores | Books
      Business & InvestingBusiness & Investing | Qualifying Textbooks - Fall 2007 | Stores | Books
      ProfessionalProfessional | Qualifying Textbooks - Fall 2007 | Stores | Books
      Similar Items:
      1. Accounting Principles, with PepsiCo Annual Report, Working Papers, Volume II Accounting Principles, with PepsiCo Annual Report, Working Papers, Volume II
      2. Accounting Principles, with PepsiCo Annual Report, Problem Solving Survival Guide, Volume II, Chapters 14-27 Accounting Principles, with PepsiCo Annual Report, Problem Solving Survival Guide, Volume II, Chapters 14-27
      3. Accounting Principles, 7th Edition, with PepsiCo Annual Report Accounting Principles, 7th Edition, with PepsiCo Annual Report
      4. Accounting Principles, Study Guide, Vol. 1, Chapters 1-13 Accounting Principles, Study Guide, Vol. 1, Chapters 1-13
      5. Accounting Principles, Chapters 14-27 Accounting Principles, Chapters 14-27

      ASIN: 047147729X

      Book Description

      Accounting Principles, Seventh Edition addresses the issues that our customers-- instructors and students-- have said are important. These include student success, student motivation, student problem-solving skills, student decision-making skills, and technology to assist learning and technology to assist teaching. Click on www.wiley.com/college/wkk for details on how we address each of these issues.
      Corporate Financial Reporting
      Average customer rating: 4.5 out of 5 stars
      • Not for everyone
      • Great Fun to Teach
      • An excellent book.
      Corporate Financial Reporting
      II, E. Richard Brownlee , Kenneth R Ferris , and Mark E Haskins
      Manufacturer: McGraw-Hill/Irwin
      ProductGroup: Book
      Binding: Hardcover

      Corporate FinanceCorporate Finance | Finance | Business & Investing | Subjects | Books
      GeneralGeneral | Business & Investing | Subjects | Books
      FinancialFinancial | Accounting | Industries & Professions | Business & Investing | Subjects | Books
      GeneralGeneral | Finance | Accounting & Finance | Professional & Technical | Subjects | Books
      GeneralGeneral | Accounting | Business & Finance | New & Used Textbooks | Stores | Books
      GeneralGeneral | Business & Finance | New & Used Textbooks | Stores | Books
      CorporateCorporate | Finance | Business & Finance | New & Used Textbooks | Stores | Books
      All TitlesAll Titles | Qualifying Textbooks - Fall 2007 | Stores | Books
      Business & InvestingBusiness & Investing | Qualifying Textbooks - Fall 2007 | Stores | Books
      ProfessionalProfessional | Qualifying Textbooks - Fall 2007 | Stores | Books
      Look Inside Business BooksLook Inside Business Books | Trip | Specialty Stores | Books
      Similar Items:
      1. Essentials of Corporate Finance (Mcgraw-Hill/Irwin Series in Finance, Insurance, and Real Estate) Essentials of Corporate Finance (Mcgraw-Hill/Irwin Series in Finance, Insurance, and Real Estate)
      2. Wiley GAAP 2007: Interpretation and Application of Generally Accepted Accounting Principles (Wiley Gaap) Wiley GAAP 2007: Interpretation and Application of Generally Accepted Accounting Principles (Wiley Gaap)
      3. International Accounting International Accounting
      4. Core Concepts of Accounting Information Systems, Ninth Edition Core Concepts of Accounting Information Systems, Ninth Edition
      5. Advanced Accounting Advanced Accounting

      ASIN: 0072316365

      Book Description

      CORPORATE FINANCIAL REPORTING is written for students who require an understanding of financial accounting and reporting issues, problems, and practices. It is appropriate for the second financial accounting course at the MBA level, often called Corporate Financial Reporting. This text is also appropriate for schools that offer a one semester Intermediate accounting course, at the undergraduate level, for Finance majors. Careful consideration is given to the management aspects associated with various financial reporting issues. Chapters blend issues, concepts, standards and stakeholder interests to convey the complexities, controversies and uncertainties inherent in the financial reporting process.

      Customer Reviews:

      4 out of 5 stars Not for everyone.......2005-02-04

      Materials are technical and explanations are skimpy. Some cases are excellent but most of exercises are just too mechanical. This book is for advanced courses for real accountants. In my opinion, not suitable for general MBAs.

      5 out of 5 stars Great Fun to Teach.......2004-01-03

      Here is a secret: the study or practice or accounting may be tedious, but the teaching of accounting is fun. It's about money, power, greed, betrayal -- what's not to like? More particularly, it is one of those courses where students come in bearing such low expectations thaqt their only surprises will be pleasant.

      Of all the accounting materials I've been exposed to, none is more fun to teach than this book by Brownlee, Ferris and Haskins. There is an introductory chaper of nuts and bolts. But then, the bulk of the book is made up of case studies in accounting analysis. With bright students (I use it with second- or third-year law students), you can do a whole course from the standing start.

      Whenever I teach accounting, I tend to treat it as a "fraud" course--try to find the gimmick. In general, students are uncomfortable with the approach. They tend to think of accountants as nice people and their a not always happy with my seeming cynicism. Post-Enron (and WorldComm, and Adelphia, and Parmalat, etc. etc., etc.), I am tempted to call up all my former students and say -- "See? I was right all along." Meanwhile, it is wonderful to watch the student puzzle over a Brownlee problem and then say (as if with a flash of insight) -- "But that's wrong!" And of course the answer is: "That's why it's in the book."

      5 out of 5 stars An excellent book........2000-08-26

      This is an extremely well-written and thoughtful book. The authors take a highly practical and rigorous look at accounting as used in practice by publicly-traded companies. It is an effective integration of accounting principles and real-world financial statement analysis -- helps the reader develop a sense of what is aggressive, what is conservative, etc., and what critical issues are discernible but not immediately obvious from a routine examination of financial statements. A good read for would-be Ben Inkers. For a more basic introduction to accounting, check out books by Robert Anthony.

      Books:

      1. Structure and Change in Economic History
      2. Successful Manager's Handbook: Develop Yourself, Coach Others
      3. Telling Ain't Training
      4. The 21 Irrefutable Laws of Leadership
      5. The Box: How the Shipping Container Made the World Smaller and the World Economy Bigger
      6. The Culture of the New Capitalism
      7. The Economic Institutions of Capitalism
      8. The Economic Way of Thinking (10th Edition)
      9. The Fair Tax Book: Saying Goodbye to the Income Tax and the IRS
      10. The Great Transformation

      Books Index

      Books Home

      Recommended Books

      1. Hallmarks of the Southwest
      2. Brian Jones Straight From The Heart: The Rolling Stones Murder
      3. The New Economic Analysis of Multinationals: An Agenda for Management, Policy and Research
      4. The Silent Takeover: Global Capitalism and the Death of Democracy
      5. Twentieth-Century Russian and East European Painting: The Thyssen-Bornemisza Collection
      6. Beyond Greed and Fear: Understanding Behavioral Finance and the Psychology of Investing
      7. A Long Shadow: An Inspector Ian Rutledge Mystery
      8. Economic Literacy: What Everyone Needs to Know About Money & Markets
      9. Tom Dorsey's Trading Tips: A Playbook for Stock Market Success
      10. Unhinged: A Home Repair is Homicide Mystery