Book description
An indispensable hands-on guide to financial accounting
In light of recent accounting scandals, it is critical that all
financial practitioners understand and play by the rules of the
accounting field. Starting from the assumption that the reader is not
familiar with any accounting jargon, Mastering Financial Accounting
Essentials presents material in a way that explains the key
features of modern accounting step by step and helps you develop an
intuitive understanding of accounting. Each chapter presents important
accounting concepts, from inventory valuation methods and the timing
of erosion of productive assets to how internal managers calculate
ratios and trends to evaluate business efficiency.
For those who need to understand the language and law of this
discipline in order to communicate effectively with accountants and
clients, Mastering Financial Accounting Essentials will be an
indispensable guide.
Stuart A. McCrary is a Principal at Chicago
Partners, a division of Navigant Consulting, Inc. He is a trader and
portfolio manager who specializes in traditional and alternative
investments, quantitative valuation, risk management, and financial
software. Prior to joining Chicago Partners, McCrary was president of
Frontier Asset Management, managing a market-neural hedge fund. He
also held positions with Fenchurch Capital Management as a senior
option trader and CS First Boston as vice president and market maker
of over-the-counter options. Prior to that, McCrary was a vice
president with the Securities Groups and a portfolio manager with
Comerica Bank. McCrary has published two previous books with Wiley:
How to Creat and Manage a Hedge Fund and Hedge Fund
Course.