Let's learn about money! Money is a market phenomenon. It originated as a spontaneous social institution, and its use is still inextricably tied to market exchange. Therefore, the analysis of money occurs in a market setting. Use of monetary systems and a market setting as the underlying parameters ideally positions the reader to examine money in its various uses: as a medium of exchange, in credit markets, and as an instrument of monetary policy. Professor Gerdes believes that the study of money should commence at the most general level. Consequently, this book is anchored in the context of monetary systems (commodity, fiduciary, and fiat monies). This gives readers a very broad perspective-helping readers understand, for example, how the money used today differs from money used in the past, or how current money relates to money discovered by anthropologists in isolated subcultures. This book is perfect for courses in traditional money and banking courses, as well as undergraduate courses in monetary theory as well as sourcebook on money for business professionals.
Because the actions of multinational corporations have a clear and direct effect on the flow of capital throughout the world, how and why these firms behave the way they do is a major issue for national governments and their policymakers. With an unprecedented ability to adjust the scale, character, and location of their global operations, international corporations have become increasingly sensitive to the kind and degree of tax obligations imposed on them by both host and home countries. Tax rules affect the volume of foreign direct investment, corporate borrowing, transfer pricing, dividend and royalty payments, and research and development. National governments that tax the profits of international firms face important challenges in designing tax policies to attract them. This collection examines the global ramifications of tax policies, offering up-to-date, theoretically innovative, and empirically sound perspectives on a problem of immense significance to future economic growth around the globe.
Now fully updated and at your fingertips the most practical,authoritative guide to implementing GAAP Get the answers you needto prepare financial statements and keep up to date on the latestFASB requirements. Now fully revised and updated, Wiley GAAPPolicies and Procedures, Second Edition is an ideal companion tothe Wiley GAAP guide and provides the practical applicationinformation essential to ensuring that a company's accountingsystems are fully capable of incorporating the most recent GAAP. Aconcise version of the more detailed GAAP found in the Wiley GAAPguides, Wiley GAAP Policies and Procedures, Second Edition featureshandy, illustrative decision trees showing how to determine whichGAAP ruling to use in a variety of situations, eliminating hours oftime wading through detailed GAAP rulings and presents: * New chapters on interim reporting, segment reporting, andaccounting changes and correction of errors * Updated content on FAS No. 151, Inventory Costs, FAS No. 153,Exchanges of Non-monetary Assets, FAS No. 154, Accounting Changesand Error Correction, FAS No. 156, Servicing of FinancialAssets * Implementation on nineteen newly issued EITFs * Specific accounting policies that comply with GAAP, especially interms of creating controls that mesh with GAAP * The most common accounting transactions modified to work withinGAAP restrictions * Specific controls that allow the maximum level of control overaccounting systems while remaining in compliance with GAAP * Templates for forms and reports that can be used in aGAAP-compliant accounting system * Numerous examples of footnotes that can be used to describeGAAP-mandated financial disclosures * Hundreds of GAAP-compliant journal entries for most accountingtransactions Wiley GAAP Policies and Procedures, Second Edition is a valuabletool for CFOs, controllers, accounting managers, and general ledgeraccountants who need to ensure that their company properly treatsall types of accounting transactions in accordance with GAAP.
The most practical, authoritative guide to implementing GAAP Until now, accountants have had no guidance for what controls, policies, procedures, forms, reports, or archiving requirements they should use to properly mesh with the latest GAAP. An ideal companion volume to the Wiley GAAP guide, the GAAP Implementation Guide provides the practical application information essential to ensuring that a company's accounting systems are fully capable of incorporating the most recent GAAP. GAAP Implementation Guide features handy, illustrative decision trees showing how to determine which GAAP ruling to use in a variety of situations, eliminating hours of time wading through detailed GAAP rulings. Other helpful, timesaving features include: A concise version of the more detailed GAAP found in the Wiley GAAP guides Specific accounting policies that comply with GAAP, especially in terms of creating controls that mesh with GAAP The most common accounting transactions modified to work within GAAP restrictions Specific controls that allow the maximum level of control over accounting systems while remaining in compliance with GAAP Templates for forms and reports that can be used in a GAAP-compliant accounting system Numerous examples of footnotes that can be used to describe GAAP-mandated financial disclosures Hundreds of GAAP-compliant journal entries for most accounting transactions Identification of the types of reports and other information to be retained as part of a comprehensive accounting system GAAP Implementation Guide is a valuable tool for CFOs, controllers, accounting managers, and general ledger accountants who need to ensure that their company properly treats all types of accounting transactions in accordance with GAAP.
This book focuses on the core issues in money and banking. By using simple applications for anyone that understands basic economics, the lessons in the book provide any student or reader with a background in how financial markets work, how banks as businesses function, how central banks make decisions, and how monetary policy affects the global economy. Money and Banking is split into sections based on subject matter, specifically definitions and introductions, financial markets, microeconomic issues, macroeconomy policy, and international finance. It also covers: - derivative and currency markets - the microeconomics of banking - trade and currency movements - asymmetric information and derivative markets - the future of financial markets and their participants By providing a mix of microeconomic and macroeconomic applications, focusing on both international examples and open economy macroeconomics, this book reduces the minutiae seen in competing books. Each chapter provides summaries of what should be learned along the way and why the chapter's topic is important, regardless of current events. For undergraduate business, economics or social science students otherwise, this book is a concise source of information on money, banking and financial markets.