The 2008 financial crisis highlighted the need for responsiblecorporate governance within financial institutions. The key toensuring that adequate standards are maintained lies with effectiveaccounting and auditing standards. Accounting forInvestments: Equities, Futures and Options offers acomprehensive overview of these key financial instruments and theirtreatment in the accounting sector, with special reference to theregulatory requirements. The book uses the US GAAP requirements asthe standard model and the IFRS variants of the same are alsogiven.
Accounting for Investments starts from the basicsof 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 theseevents.
The author also explains how the entries are reflected in thegeneral ledger accounts, thus providing a macro level picture forthe reader to understand the impact of such accounting.
Lucidly written and informative, Accounting forInvestments is a comprehensive guide for any professionaldealing with these complex products. It also provides an accessibletext for technology experts who develop software and supportsystems for the finance industry.
R. Venkata Subramani
Accounting Branchenspezifisches Rechnungswesen Rechnungswesen Special Industry Accounting