No comments about CPA Ready Comprehensive CPA Exam Review - 36th Edition 2007-2008: Financial Accounting & Reporting (CPA Comprehensive Exam Review Financial Accounting ... and Reporting, Business Enterprises).

No comments about Overview of the Markets: Debt Equity Markets (Risk Management Series).

No comments about Construction Guide: Tax and Advisory Services, (w/CD-ROM) 2008 Edition.

No comments about Hybrid Financial Instruments: Debt Equity Markets (Risk Management Series).

No comments about The Value of Nothing: Mastering Business Valuations.

2 comments about Cost Reduction and Control Best Practices: The Best Ways for a Financial Manager to Save Money (Wiley Best Practices).

1. I found this book innovative and helpful. It provides informative examples best practices, case studies and the latest strategies & techniques that companies can use to control costs and maximize profitability. In a tough fiscal year, I will be reading this book over and over again to find more new ways to save money.



2. 
   In a highly competitive operating environment in which we live, it is often difficult for a company to raise prices, unless it can differentiate its products and services in such a way that customers are prepared to pay a premium price. Even then it is necessary to produce the best value at optimal costs.
   
   Most companies are price takers and the only area that they have control may be their costs. This is where this book is very handy and it provides managers with effective techniques and tools that they can employ to control and manage costs. The book shows that all departments can adopt best practices to ensure that their costs structures are optimal. Other areas to target for cost control include outsourcing, rightsizing organisations, the use of consultants and elsewhere.
   
   This is an excellent book that is essential reading for all managers who need to learn the techniques, strategies and best practices in reducing costs for organisations. The author reinforces their well presented arguments, proposals and solutions with case studies and real examples that should assist managers in implementing the tips that they would have learnt.

No comments about Currency Fluctuations and the Perception of Corporate Performance: A Communications Approach to Financial Accounting and Reporting.

1 comments about Entrepreneurial Financial Management.

1. This book has many virtues. First, it knows its audience. While generalities are subject to all kinds of exceptions, entrepreneurs tend to be active people. This book is written concisely, but covers a comprehensive list of subject. However, it is essential to understand that it doesn't cover any of the subjects exhaustively. It is more like a tour of finance for entrepreneurs. Few people who have what it takes to start businesses will handle all of the financial subjects covered in this book without help and advice from professionals (nor should they), but every businessperson should have an understanding of every subject in this book at least to the level discussed in this very fine book.

   The treatment of forecasting, sources of funding, and valuation (including cash flow analysis) are vital topics that too many entrepreneurs treat too cursorily. The discussion in this book is certainly not sufficient to make you an expert on any of these subjects, but sill certainly assist you in becoming sufficiently conversant to speak knowledgably with professionals or prepare you for deeper study. The discussion of accounting is a very quick introduction to the subject and will definitely require deeper study unless you are going to completely outsource your accounting.

   I think this is a terrific textbook that could be used as part of a one term course on the subject and hope that it gets adopted at many universities, colleges, and I could even see it used in specialized high school settings for the right kind of bright and driven students.

   The material in the book isn't particularly hard, but it is broad. While it can be read alone (especially if you have some familiarity with the subject), it will definitely benefit most students to have the guiding hand of a skilled instructor, class discussions, and applied projects.

   I think this is a fine and successful book that will benefit many.

5 comments about Schaum's Outline of Financial Management.

1. just open the first sample page. you see that the author does not even understand what profit maximization, as defined by economists, is. i would be careful if i were you.



2. This work is a good supplement to the class text. It has hundreds
   of solved problems depicted. In addition, the Schaum's covers
   international financial management problems which are not always
   found in the standard texts. This is a good practice
   workbook to reinforce the current text and class notes.
   Complex cash flow problems, present value and return on investment problems are shown with accompanying diagrams to aid
   in the visual presentation. This text is excellent in order to
   prepare for formal licensing exams and other comprehensive
   tests .



3. I don't know what that reader below is saying.?? This book was very helpful to me when I used this for a finance class. It's great because it has quizzes/exams, definitions, key terms, a useful index, many many sample problems, and formulas in bold. When you are a busy person and are using this as a refresher, or in conjunction w/ a textbook, it's very helpful to have this paperback workbook to go through for a quick reference.
   
   I've referred to it many times while reading through my textbook, doing homework problems, or studying for a test.
   
   Love the schaum's series - this one in particular has been very useful to me.



4. I read this book to supplement my CFA curriculum studies. Compared to other Schaum's books, Financial Management by Shim and Siegel merits a rating of between 3 and 3 1/2.
   
   Four chapters covering topics of Risk Return & Valuation, Capital Budgeting, Capital Budgeting Under Risk, and Cost of Capital were excellent. Other chapters were also well written. The problem sets solidified concepts and were a pleasure to work through.
   
   The authors present the material in a straight forward and easy to understand manner. They provide numerous examples of how to apply the concepts which are truly beneficial.
   
   My main complaint is that there are dozens of errors throughout the book, which indicate sloppy proofreading. This can potentially frustrate readers new to the field of financial management. Calculation errors (!), misapplication of formulas (Do vs. D1) and mislabeling of charts (time lines / cash flows) were particularly frustrating and can be confusing.
   
   I welcome the authors to contact me if they plan to release an updated edition (this book copyrighted 1998). I'll be glad to share with them the errors (at least I think they are!) I found.
   
   It would also have been nice if the authors utilized financial calculators for some of the TVM (time value of money) applications and indicated the keystrokes. A break-out box showing the steps on a Texas Instrument BA-II or HP12-C (two popular financial calculators) would be helpful.
   
   In sum, Financial Management is a very readable book. It is comprehensive, practical, and provides a good depth of discussion without getting too theoretical. Just watch out for the silly mistakes.



5. I recommend this text to financial professionals I teach ... VERY helpful to clear the cobwebs several years after college!

No comments about Financial Empowerment: More Money for More Mission : An Essential Financial Guide for Not-For-Profit Organizations (Wiley Nonprofit Law, Finance, and Management).