Thursday, December 25, 2008

Management Accounting for Health Care Organizations or Financial Engineering and Computation

Management Accounting for Health Care Organizations: Tools and Techniques for Decision Support

Author: Robert Hankins

The authors draw on their years of teaching and consulting experience to produce a unique text that combines activity-based management approaches with a solid foundation of basic management accounting concepts.



Table of Contents:
Preface
About the Authors
1Accounting and Management3
2Management Accounting and Internal Decision Making19
3Perspectives on Costs35
4Introduction to Costing59
5Formalizing the Analysis of Activities and Costs79
6Organization Structure and Costing115
7Aggregating Activity Costs137
8Determining Activity Structures and Cost Drivers159
9Planning, Designing, and Implementing an ABC System181
10Traditional Costing to Support Financial Accounting205
11Cost Prediction225
12Budgets, Budgeting, and Control249
13Cost-Variance Analysis279
14Classical Cost-Based Decision Models303
15Performance Measures331
16Management Accounting Reports361
17Summary and a Look to the Future383
Glossary389
Acronyms403
App. AA Review of Financial Accounting Concepts405
App. BBasic Concepts in Statistical Analysis427
Index451

Go to:

Financial Engineering and Computation: Principles, Mathematics, Algorithms

Author: Yuh Dauh Lyuu

Nowadays students and professionals intending to work in any area of finance must master not only advanced concepts and mathematical models but also learn how to implement these models computationally. This comprehensive text combines the theory and mathematics behind financial engineering with an emphasis on computation, in keeping with the way financial engineering is practiced in today's capital markets. Unlike most books on investments, financial engineering, or derivative securities, the book starts from very basic ideas in finance and gradually builds up the theory. It offers a thorough grounding in the subject for MBAs in finance, students of engineering and sciences who are pursuing a career in finance, researchers in computational finance, system analysts, and financial engineers. Along with the theory, the author presents numerous algorithms for pricing, risk management, and portfolio management. The emphasis is on pricing financial and derivative securities: bonds, options, futures, forwards, interest rate derivatives, mortgage-backed securities, bonds with embedded options, and more. Each instrument is treated in a short, self-contained chapter for ready reference use. Many of these algorithms are coded in Java as programs for the Web, available from the book's home page (csie.ntu.edu/~lyuu/Capitals/capitals.htm)

Booknews

Lyuu (National Taiwan U.), writing mainly for students of engineering and natural sciences who want to study quantitative finance for academic or professional reasons, presents an interdisciplinary look at financial engineering that attempts to cover investment theory, financial mathematics, and computer science evenly. Assuming no background in finance, Lyuu presents numerical techniques algorithmically and explains the underlying financial theory. Numerous exercises are presented and are intended by the author to be an integral part of the text. Annotation c. Book News, Inc., Portland, OR (booknews.com)



1 comment:

Raymond E. Foster said...

Although business books, I think they would be valuable to anyone studying
civil service.