Book Description

Capitalizing on the extensive experience of the author in estimating shadow prices, Shadow Prices for Project Appraisal forges a bridge between theory and practice, explaining what shadow (or accounting) prices are, how they are used, and how they can be estimated.

Starting from the basic principles of applied welfare economics, Elio Londero’s book provides a step by step derivation of those formulas more frequently utilized in estimating shadow prices. The preparation and use of input-output techniques are examined in detail, and different estimation approaches and updating procedures are presented. Finally, a detailed case study of shadow prices for Colombia illustrates their practical application.

This book will be essential reading for students and teachers interested in cost-benefit analysis, and in shadow prices as a specialized field of applied welfare economics. In addition, the book will be an invaluable source for applied economists and practitioners interested in calculating shadow prices. ... Read more

Book Description

The Miller Governmental GAAP Guide is organized into four main sections.The first section (Basic Governmental Accounting Concepts and standards) describes the fundamental concepts and principles that provide the foundation for financial reporting by governmental units.Specific accounting and reporting standards are reviewed in the second section of the book (Governmental Accounts and Transactions).The third section (Funds and Account Groups of Governmental Entities) discusses accounting and reporting standards as they apply to the funds and account groups used by governmental entities.In the fourth, and final, section (Special Governmental Units and Agencies), the accounting and reporting standards applicable to special governmental units or agencies are delineated.The purpose of the Miller Governmental GAAP Guide is to provide a single reference that discusses all the promulgated accounting principles applicable to financial reporting by state and local!governments: GASB Statements, GASB Interpretations, GASB Technical Bulletins, NCGA Statements, NCGA Interpretations, and certain AICPA Statements of Position and Audit and Accounting Guides.These original pronouncements have been analyzed and restated in straightforward language to allow preparers and auditors of governmental financial statements to better understand the original promulgations.To facilitate research, major topics in the text are cross-referenced to the pertinent paragraphs of the original pronouncements.Illustrations, figures, and paragraphs called Observations demonstrate and clarify specific accounting principles. ... Read more

Reviews (1)

GOVERNMENTAL GAAP GUIDE - MILLER REVIEW
THIS GUIDE IS EXCELLENT FOR THE USE OF THE PRESENTATION OF GENERAL-PURPOSE FINANCIAL STATEMENTS.IT GIVES DETAIL EXPLANATIONS OF HOW INFORMATION SHOULD BE PRESENTED.THE EXAMPLES GIVEN ARE WRITTEN IN A WAY THAT YOU CAN UNDERSTAND WITHOUT HAVING TO READ INTO THE EXPLANATION.UNLIKE SOME OF THE AICPA BOOKS THAT ARE OUT THERE, WHERE IT READS LIKE IT IS IN SOME OTHER LANGUAGE BESIDES ACCOUNTING.IT IS A VERY PRACTICAL GUIDE TO INCREASE THE CORRECT PRESENTATION OF YOUR FINANCIAL STATEMENTS AND ALSO AID IN THE IMPLEMENTATION OF CORRECT ACCOUNTING FUNCTIONS FOR YOU GOVERNEMTNAL SITUATION. ... Read more

Book Description

This Eleventh Edition contains complete, accurate, and up-to-date coverage of all facets of accounting for governmental and nonprofit accounting. Designed for readers concerned with the design and interpretation of financial statements and financial reports, this text incorporates all authoritative pronouncements issued since publication of the 10th edition. A dynamic new co-author, Susan Kattelus, joins the team to help update and enhance the text. ... Read more

Book Description

In recent years there have been a number of significant reforms in local government accounting practices around the world. While the specific reasons for these changes vary, a common factor is the increasing need for governments to measure the efficacy and efficiency of their performance. Nowhere is this trend more apparent than at the local government level.

This book aims to give a comparative international perspective on local government accounting innovations, and offers specific cases involving different economic, political and cultural conditions. Countries receiving extended treatment include Belgium, China, Italy, Japan, Malaysia, The Netherlands, New Zealand, Russia, Spain, the United Kingdom and the United States. Together, the essays offer a state-of-the-art take on these issues and identify key issues for future research. ... Read more

Book Description

Achieving the economic development of poor countries remains a formidable challenge which increasingly preoccupies OECD countries. The Organization’s Development Centre was founded in 1962 as one means to study and to confront the problems of comparative development and to relate them to experiences in the more advanced economies. This book provides a compendium of that experience and looks forward to future policies and strategies, which might provide some solutions to the problems facing developing countries. Some reflections are also included on how the Development Centre has evolved and been transformed better to synchronize with the OECD’s overall efforts in favor of the poorer countries, regions, and peoples. ... Read more

Reviews (1)

Outdated Version- Buy the new one instead
At one time, this was the bible for governmental accounting. That is no longer true. Using this edition will only cause confusion. In the rapidly changing world of governmental accounting, this book is outdated. Using it as a guide, may cause governmental agencies to get a qualified opinion. ... Read more

Book Description

The Force and Support Costing (FSC) System is a set of models and databases that help analysts project the cost implications of proposed changes in the defense forces, infrastructure, and assets.The user interface and many of the models are implemented in Excel; most of the database resides on a network.The illustrated study projects effects on defense costs arising from the deactivation of an Army division.The FSC system allows the user to view the force structure in the current Army program, select the division to be cut, and specify when the deactivation will occur.In addition to stepping throught the specific procedures for the simulation, the authors show other ways FSC System can be used to analyze the cost effects of various policy actions. ... Read more

Book Description

A financial system is only as strong as the governing practices and institutions of its participants. The challenge to build efficient and accountable financial institutions that promote confidence is a problem that financial sector executives and policymakers confront together. In this context, Financial Sector Governance takes a clinical approach to governance challenges in emerging and developed markets in each industry: capital markets, private banks, state owned banks, asset management companies, public pension funds, and mutual funds. It also explores the linkages between public and private sector governance, and the policy implications for strengthening both sides.

Financial Sector Governance is a product of the Financial Markets and Development conference organized by the World Bank, the International Monetary Fund, and the Brookings Institution. The conference was the fourth in an annual series of meetings studying financial markets and development. This program draws together senior policymakers from the public and private financial sectors of emerging and developed markets to exchange complementary perspectives on policy challenges and contribute to an expanding dialogue on key policy concerns. ... Read more

Amazon.com

Certain to be an important point of reference in future debates on the mission and structure of NATO, Michael Mandelbaum's The Dawn of Peace in Europe lays out a clear and conservative vision for the future of the Atlantic alliance.Mandelbaum squarely challenges the two major movements for restructuring NATO, both of which have been limitedly pursued by the Clinton Administration: the first is the movement toward NATO-led "out of area" missions, such as deployments in Bosnia or other global hot-spots; the second, the expansion of NATO to the east, bringing nations such as Poland, Hungary, and the Czech Republic into the alliance.Mandelbaum argues that both of these are bad ideas, the first unattainable, the second undesirable. Instead, he contends the alliance should hold to its 16 members and resist calls for extra-territorial missions.Mandelbaum's contrarian arguments are developed with clear exposition, drawing examples from recent foreign relations, as well as military history. This is an important and timely analysis of American foreign policy and the future of NATO. ... Read more

Reviews (1)

A Good, if knee-jerk, analysis of European policy
Mandelbaum's "The Dawn of Peace in Europe" is a well-researched and articulate piece detailing the future of NATO and of American involvement in Europe. Though short, it is detailed in its analysis and provides the reader with a clear understanding of his position. In it, Mandelbaum attempts to analyse the role of NATO, and critique the directions that other have prescribed for the alliance. Mandelbaum feels that the best course of activity for the alliance is to stay as it is, and redirect its energies into "reassuring" the perpetuation of the common security order that exists in Europe. He feels that NATO is poorly equipped to pursue out-of-area missions, such as the one in Bosnia, and that expansion of NATO is a mistake because it installs victor's justice on Russia, and this justice will be remembered by the Russian people as an insult. It appears as though this analysis regarding the impact NATO expansion will have on Russia is somewhat of a knee-jerk reactions. Opinion has shown consistently that the Russian people do not care if NATo expands and do not feel that it is necessarily a threat to their security. Furthermore, many analysts including Andrei Kortunov have written their opinions on this issue and have shown that only in the most extreme case would there be a nationalist backlash against NATO expansion. Mandelbaum still views Russia as the enemy of NATO, as it was through the Cold War, and thus his view of the alliance may be somewhat dated. Despite this however, he provides the reader with a clear approach to the future of European security. Mandelbaum articulates the idea of a common security order existing in Europe now that ensures the peace without the high costs of balance of power politics and without the unrealistic tenets of world government. Whether or not a security order continues to exist, according to Mandelbaum will depend on whether or not Russia will stay peaceful and if the United States will stay in European defence mechanisms. If things reamain as is, Europe will be the bastion of peace in an all too unpeaceful world. I recommend this book for all analysts interested in European security. ... Read more

Book Description

Due to the developments in the role of governments, the importance of government accounting and financial reporting is increasing. This led to changes in Government Accounting all over the world. For institutional, public finance and other reasons this has not always been done for central governments and regional and local governments in the same way. Some countries maintain the cash basis, some changed over to the accrual basis. Many of them started at first with lower government levels, only few changed over completely.Comparative Issues in Government and Accounting aims to give insight in the array of different patterns the world shows with respect to government accounting and financial reporting. Of course a complete overview would have been too ambitious a goal. This book brings together an interesting number of academics coming from a representative number of countries to get an impression of the situation and especially of the existence and the backgrounds of similarities and differences.

Thirty-five authors and co-authors produced 21 chapters reflecting on the situations in 16 countries on 4 continents. Countries dealt with are Albania, Australia, Belgium, China, Egypt, Finland, France, Japan, The Netherlands, New Zealand, Norway, Poland, Russia, Spain, the United Kingdom and the United States. ... Read more