Accounting For Investments » Related Books

Accounting for Investments: Volume 2 – Fixed Income and Interest Rate Derivatives: A Practitioner’s Handbook

R. Venkata Subramani — Wed, 06 Jul 2011 04:32:29 +0000

Product Description
While there are a number of outstanding texts on valuation of interest rate derivatives, there are hardly any that provide a comprehensive treatment of the relevant accounting principles. Venkata Subramani’s well-structured book does a great job in filling this void. For each instrument, the author first provides a clear description of the product and its associated cashflows. He then proceeds to discuss the finer aspects of accounting using detailed examples which will
definitely enrich the reader’s knowledge of the subject. This book, written by a leading subject expert, is definitely unique in its treatment and content.

Prof. R. L. Shankar
Head, Center for Advanced Financial Studies, Institute of Financial Management and Resource (IFMR)
Program Director, MBA-Financial Engineering
Chennai, India

This second volume by R. Venkata Subramani is a valuable contribution to the accounting and finance literature providing comprehensive coverage of accounting for fixed income securities and interest rate derivatives. Subramani provides a systematic and step-by-step description of, and accounting for, all the possible events and transactions in the life of the security or derivative concerned. This excellent feature makes it effective for the reader to attain an in-depth understanding of the topics covered. I am sure that this book will be greatly appreciated by users of financial statements, academics and business students.

Srinivasan Rangan
Associate Professor of Finance and Control
Indian Institute of Management
Bangalore, India

The recent global financial crisis has resulted in a thorough review and overhaul of accounting standards in order to improve financial reporting and enhance investor confidence. Although accounting for fixed income and derivative financial instruments is complex this book provides the reader with a clear and concise explanation of this intricate subject. The informative product descriptions and detailed explanations of the accounting events at each stage of the trade life cycle will be of great benefit to those who want to gain a better understanding of this intricate topic.

Loretta Wickenden
Chief Executive Officer
Latilla LLC
USA

With this second volume Venkata Subramani has structured a very comprehensive book focused on accounting for fixed income securities and interest rate derivatives. This author puts in perspective a very detailed and exhaustive presentation of the nuances of the different flavors of financial instruments and a detailed description of the related accounting events and associated entries. It becomes very effective because every example details how the life cycle of financial instruments interacts with the accounting output making this book a helpful bridge between the financial products and their accounting translation.

Jean-Daniel Morfin
Product Manager
Calypso Technology
France
From the Inside Flap
Accounting for Investments Volume 2: Fixed Income Securities and Interest Rate Derivatives – A Practitioner’s Guide is one of the most comprehensive reference works on accounting for financial products. This companion volume to Accounting for Investments Volume 1: Equities, Futures and Options starts from fixed income securities and interest rates. Accounting for Investments Volume 2 starts from the basics for the financial products covered, defining the product, the way it is structured, its advantages and disadvantages, the different events in the trade life cycle and then elaborates on the accounting entries that are necessary for the same. The book also explains how the entries get reflected in the general ledger accounts, giving a macro-level picture for the reader to understand the basics of the effect of such accounting. This volume is the presentation of the results in the final accounts—the income statement and balance sheet and disclosure requirements are also covered.

Accounting for Investments Volume 2 will prove useful to an expert as well as a novice, not to mention the ever-increasing number of technology consultants who require for such a book.

While generally accepted US accounting principles and the International Financial Reporting Standards (IFRS) are given adequate treatment, the readers are advised to refer to the appropriate GAAP requirements for their own country. The accounting standards that are dealt with here in the book can, however, be used as a benchmark to understand the specific requirements of
other countries.

Product Details

Hardcover: 576 pages
Publisher: Wiley; 1 edition (July 20, 2011)
Language: English
ISBN-10: 047082591X
ISBN-13: 978-0470825914
Product Dimensions: 10.1 x 7.2 x 2 inches
Shipping Weight: 3.4 pounds (View shipping rates and policies)

Wiley GAAP for Governments 2011: Interpretation and Application of Generally Accepted Accounting Principles for State and Local Governments

R. Venkata Subramani — Wed, 16 Feb 2011 03:18:48 +0000

Product Description

Full coverage of authoritative accounting standards
Extremely useful and user-friendly examples, illustrations, and helpful practice hints
A comprehensive guide to the accounting and financial reporting principles used by state and local governments as well as other governmental entities
Provides a look ahead to the status of current and future Governmental Accounting Standards Board standards and projects
Offers information on the very latest in standard-setting activities
Also by Warren Ruppel: Governmental Accounting Made Easy

Wiley GAAP for Governments 2011 is a thorough, reliable reference financial professionals will consistently keep on their desks rather than on their bookshelves.

From the Back Cover

The most practical, authoritativeguide to governmental GAAPWiley GAAP for Governments 2011 is a comprehensive guide to the accounting and financial reporting principles used by state and local governments as well as other governmental entities. Financial statement preparers, attestors, and readers will find its full coverage of authoritative accounting standards coupled with many examples, illustrations, and helpful practice hints extremely useful and user-friendly. Designed with the needs of the user in mind, a “New Developments” chapter keeps you informed of all the important developments in governmental GAAP during the past year. A look ahead at the status of current and future Governmental Accounting Standards Board standards and projects provides information on the very latest in standard-setting activities and covers:

GASB Statement No. 51 Accounting and Financial Reporting for Intangible Assets
GASB Statement No. 52 Land and Other Real Estate Held as Investments by Endowments
GASB Statement No. 53 Accounting and Financial Reporting for Derivatives
GASB Statement No. 54 Fund Balance Reporting and Governmental Fund Type Devinitions
GASB Statement No. 55 The Hierarchy of Generally Accepted Accounting Principles for State and Local Governments
GASB Statement No. 56 Codification of Accounting and Financial Reporting Guidance Contained in AICPA Statements on Auditing Standards
GASB Statement No. 57 OPEB Measurements by Agent Employers and Agent Multi-Employer Plans
GASB Statement No. 58 Accounting and Financial Reporting for Chapter 9 Bankruptcies
Exposure Draft Accounting and Financial Reporting for Service Concession Arrangements
Exposure Draft Financial Instruments Omnibus
Exposure Draft Pension Accounting and Financial Reporting
Latest on GASB Technical Plan

Wiley GAAP for Governments 2011 strives to be a thorough, reliable reference that you’ll use constantly. It’s designed to be kept on your desk rather than on your bookshelf.

Product Details

Paperback: 600 pages
Publisher: Wiley; Revised edition edition (March 1, 2011)
Language: English
ISBN-10: 0470554460
ISBN-13: 978-0470554463

Wiley Interpretation and Application of International Financial Reporting Standards 2011 (Wiley Ifrs)

R. Venkata Subramani — Thu, 27 Jan 2011 11:22:01 +0000

Product Description

A one-stop resource for understanding current International Financial Reporting Standards
As the International Accounting Standards Board (IASB) makes significant strides in achieving global convergence of accounting standards worldwide, the International Financial Reporting Standards (IFRS) become extremely important to the accounting world. Wiley IFRS 2011 provides the necessary tools for understanding the IASB standards and offers practical guidance and expertise on how to use and implement them.

Covers the most recent International Financial Reporting Standards (IFRS) and IFRIC interpretations
An indispensable guide to IFRS compliance
Provides a complete explanation of all IFRS requirements, coupled with copious illustrations of how to apply the rules in complex, real-world situations

Written by two well-known international experts on the subject with hands-on experience in applying these standards, this book is an indispensable guide to IFRS compliance.

From the Back Cover

International Financial Reporting Standards (IFRS®) have received increased attention since such signal events as endorsements by the International Organization of Securities Commissions (IOSCO) in 2000, by the European Union (2002, mandating universal adoption by publicly held companies in 2005), and by the SEC (waiving reconciliation requirements for foreign private issuers using IFRS® beginning in 2007, and establishing a “road map” for adoption by U.S. public companies by 2016).With further refinements to IFRS® continuing to be made by the International Accounting Standards Board (IASB)—aided by work being performed pursuant to the “convergence” commitment made by the U.S. standard-setter, FASB—and given the now virtually unstoppable momentum worldwide to adopt (or, in some cases, adapt) IFRS®, mastery of this knowledge is becoming a necessity for all preparers of financial statements. Although only publicly held U.S. companies are facing an impending near-term mandate to convert to IFRS®, many private companies already are encountering requests or demands from their major customers, suppliers, joint venture partners, and affiliates to provide financial reports prepared under IFRS®. In all likelihood, replacement of U.S. GAAP by IFRS® will become a reality for even privately held enterprises within the foreseeable term.

Experience from EU-based companies that implemented IFRS® financial reporting by 2005 suggests that such an undertaking may require a multi-year effort. Wiley IFRS® 2011 provides a complete explanation of all IFRS® requirements, coupled with copious illustrations of how to apply the rules in complex, real-world fact situations, and can be used both in training accounting staff and serving as a reference guide during actual implementation of IFRS® and preparation of IFRS®-based financial statements. Wiley IFRS® 2011 is equally valuable for preparers, auditors, and users of financial reports.To optimize the reader’s understanding, both examples created to explain particular IFRS® requirements and selections from actual published financial statements are provided throughout the book, illustrating all key concepts. Also included in this edition are a revised, comprehensive disclosure checklist; an updated, detailed comparison between U.S. GAAP and IFRS® , keyed to chapter topics; and integrated discussions of major ongoing IASB projects that may have significant impact on readers’ responsibilities over the coming year.

Product Details

Paperback: 1128 pages
Publisher: Wiley (February 8, 2011)
Language: English
ISBN-10: 0470554428
ISBN-13: 978-0470554425

Wiley CPA Exam Review Test Bank Online (CD-ROM)

R. Venkata Subramani — Fri, 04 Jun 2010 04:56:43 +0000

Product Details

CD-ROM
Publisher: Wiley (May 20, 2010)
Language: English
ISBN-10: 0470621907
ISBN-13: 978-0470621905

The Ultimate Accountants’ Reference Including GAAP, IRS & SEC Regulations, Leases, and More

R. Venkata Subramani — Fri, 02 Apr 2010 00:55:52 +0000

Product Description

A wide-ranging source of information for the practicing accountant, The Ultimate Accountants’ Reference, Third Edition covers accounting regulations for all aspects of financial statements, accounting management reports, and management of the accounting department, including best practices, control systems, and the fast close. It also addresses financing options, pension plans, and taxation options. The perfect daily answer book, accountants and accounting managers will turn to The Ultimate Accountants’ Reference, Third Edition time and again for answers to the largest possible number of accounting issues that are likely to arise.

From the Back Cover

The Ultimate Accountants’ Reference offers a single-source tool of best practices and control systems related to accounting regulations for all aspects of financial statements, accounting management reports, and management of the accounting department. The perfect daily answer book for the practicing accountant, it also addresses financing options, risk management, mergers and acquisitions, and taxation topics.

This revised and updated edition of Accounting Reference Desktop offers a concentrated, everyday reference manual to help financial professionals become much more efficient in researching accounting topics. New features of this improved resource tool include:

Up-to-date information on GAAP, IRS regulations, and new SEC regulations
New material on leases and options
More examples than the previous edition
The latest coverage of control systems, including twice as many controls as the previous edition
Double the amount of journal entries as the previous edition

Accountants, accounting managers, and finance personnel will turn to The Ultimate Accountants’ Reference time and again for quick, reliable answers to everyday issues. –This text refers to an out of print or unavailable edition of this title.

Product Details

Hardcover: 816 pages
Publisher: Wiley; 3 edition (March 8, 2010)
Language: English
ISBN-10: 047057254X
ISBN-13: 978-0470572542
Product Dimensions: 10 x 7.1 x 1.7 inches

Wiley IFRS 2010, 2010 Book and CD ROM Set: Interpretation and Application of International Financial Reporting Standards

R. Venkata Subramani — Mon, 29 Mar 2010 11:18:17 +0000

Product Details

Paperback: 1328 pages
Publisher: Wiley; Pap/Cdr edition (March 22, 2010)
Language: English
ISBN-10: 0470453249
ISBN-13: 978-0470453247
Product Dimensions: 9.4 x 7.4 x 3 inches
Shipping Weight: 3.9 pounds

Product Description

Your one-stop resource for understanding current International Financial Reporting Standards

With widespread acceptance and use of the IASB standards around the globe, the need to understand the IASB standards greatly increases. Wiley IFRS 2010 provides the necessary tools for understanding the IASB standards and offers practical guidance and expertise on how to use and implement them. The Wiley IFRS 2010 Book and CD-ROM set covers the most recent International Financial Reporting Standards (IFRS) and IFRIC interpretations. In addition, it is an indispensable guide to IFRS compliance.

Detailed coverage of all previously issued IAS and IFRS standards and Standing Interpretations Committee (SIC) and International Financial Reporting Interpretations Committee (IFRIC)
Equally valuable for preparers, auditors, and users of financial reports
Provides a complete explanation of all IFRS requirements, coupled with copious illustrations of how to apply the rules in complex, real-world fact situations
Serves as a reference guide during actual implementation of IFRS and preparation of IFRS-based financial statements

To optimize your understanding, both examples created to explain particular IFRS requirements and selections from actual published financial statements are provided throughout the book, illustrating all key concepts.

A boon to all aspiring CPAs – Wiley CPA Exam Review 2010 Test Bank CD – Complete Set (CD-ROM)

R. Venkata Subramani — Mon, 25 Jan 2010 07:28:16 +0000

Wiley CPA Exam Review 2010 Test Bank CD – Complete Set (CD-ROM) that is scheduled to be released during mid February 2010 is a real boon to all aspiring CPAs: Here are the details:

Product Description

The key to CPA Exam success is practice, practice, and more practice!

Highly organized, up-to-date, comprehensive

* Multiple-choice questions and their solutions help you sharpen your problem-solving skills
* Simulation questions and solutions address the computerized Exam’s simulation-style problems
* The most effective system available to prepare and practice for the CPA Exam
* All current AICPA content requirements in each subject are included
* Covers all new question forms and formats for the computerized Exam, including multiple-choice and simulations
* Guidelines, pointers, and tips on how to build knowledge in a logical, reinforcing way
* Unique modular format helps you zero in on areas that need work, organize your study program, and concentrate your efforts

Dozens of special features to fit your special needs

* In Study mode you can structure and monitor your practice study time based on your own objectives
* The Exam mode simulates actual exam conditions
* Customizable question formats let you con-centrate on specific exam sections, question types, and question status (“not seen before,” “answered incorrectly,” etc.)
* TextLink feature provides comprehensive explanations that show you why incorrect answers fall short
* Diagnostic feedback on user performance helps you focus on areas where you need the most work
* Printing options let you keep studying when you can’t be near your computer

System Requirements

512 MB RAM recommended, PIII compatible or higher processor – 1 GHz recommended, Windows XP, or Vista 32-bit or 64-bit, 100 MB disk space for application files, .NET 3.5 Framework (280 MB disk space), SQL Server 2005 Express (600 MB disk space), Microsoft Internet Explorer 6.0 SP1 or later, Windows Installer 3.0

*.NET 3.5 Framework and SQL Server 2005 Express are included on the CD.

Installation instructions:

1. Insert CD into your CD-ROM drive.
2. From Start menu, select Run.
3. Type D:\setup.exe and hit OK (where D is the letter of your CD-ROM drive).
4. Follow instructions on screen

For technical support, please visit http://www.wiley.com/go/cpasupport

Product Details

* CD-ROM
* Publisher: Wiley; Cdr edition (February 15, 2010)
* Language: English
* ISBN-10: 0470453486
* ISBN-13: 978-0470453483

Wiley GAAP, CD-ROM and Book: Interpretation and Application of Generally Accepted Accounting Principles 2009 (Wiley Gaap (Book & CD-Rom)) (Paperback)

R. Venkata Subramani — Sun, 06 Dec 2009 05:01:32 +0000

The most practical, authoritative guide to GAAP-updated for 2009

The complexities of financial reporting – which for too many preparers, auditors and users were only revealed through the exposure of scores of occurrences of reporting fraud in recent years – demand a reliable, readable GAAP resource.

Wiley GAAP 2009 provides in-depth coverage of the most recent developments and analyses of all U.S. generally accepted accounting principles (GAAP), explaining the original, highly technical pronouncements in easy-to-understand terms and with copious practical implementation guidance. Unlike other guides, Wiley GAAP 2009 offers complete coverage of all levels of GAAP in a single volume, including EITF issues that have not yet been reduced to consensus, as well as EITF Appendix D discussion matters.

Featuring numerous real-world examples, illustrations, and helpful practice hints that are extremely user-friendly, Wiley GAAP 2009 addresses all effective pronouncements, including

FASB Statements of Financial Accounting Standards (SFAS)
FASB Interpretations
FASB Technical Bulletins
FASB Statements of Financial Accounting Concepts
FASB Staff Positions (FSP)
Consensuses of the FASB’s Emerging Issues Task Force
AICPA Statements of Position
Accounting Research Bulletins
Accounting Principles Board Opinions
AICPA Audit and Accounting Guides

As preparers, auditors, and financial statement users demand guidance about accounting procedures they can trust, they know they can depend on the number one GAAP resource, Wiley GAAP 2009-the title that for twenty five years has provided them with the indispensable tools accounting professionals have needed.

Wiley IFRS 2009, Book and CD-ROM Set: Interpretation and Application of International Accounting and Financial Reporting Standards 2009 (Paperback)

R. Venkata Subramani — Sat, 05 Dec 2009 12:42:48 +0000

With widespread acceptance and use of the IASB standards around the globe, the need to understand the IASB standards greatly increases. Wiley IFRS 2009 provides the necessary tools for understanding the IASB standards and offers practical guidance and expertise on how to use and implement them. The Wiley IFRS 2009 Book and CD-ROM set covers the most recent International Financial Reporting Standards (IFRS) and IFRIC interpretations. In addition, it is an indispensable guide to IFRS compliance.This is every CPA s one-stop resource for understanding current International Financial Reporting Standards.

Accounting for Investments – Book

R. Venkata Subramani — Tue, 21 Jul 2009 05:32:22 +0000

Product Description

The 2008 financial crisis highlighted the need for responsible corporate governance within financial institutions. The key to ensuring that adequate standards are maintained lies with effective accounting and auditing standards. Accounting for Investments: Equities, Futures and Options offers a comprehensive overview of these key financial instruments and their treatment in the accounting sector, with special reference to the regulatory requirements. The book uses the US GAAP requirements as the standard model and the IFRS variants of the same are also given.

Accounting for Investments starts from the basics of each financial product and:

defines the product
analyses the structure of the product
evaluates its advantages and disadvantages
describes the different events in the trade cycle
elaborates on the accounting entries related to these events.

The author also explains how the entries are reflected in the general ledger accounts, thus providing a macro level picture for the reader to understand the impact of such accounting.

Lucidly written and informative, Accounting for Investments is a comprehensive guide for any professional dealing with these complex products. It also provides an accessible text for technology experts who develop software and support systems for the finance industry.