Peter Atrill & Eddie Mc Laney's Accounting & Finance for Non-specialists is an accessible introduction to accounting & finance
...The 2008 financial crisis highlighted the need for responsible corporate governance within financial institutions. The key to ensuring that adequate standards are maintained lies with effective accounting & auditing standards. Accounting for Investments: Equities Futures & Options offers a comprehensive overview of these key financial instruments & their treatment in the accounting sector with special reference to the regulatory requirements. The book uses the US GAAP requirements as the standard model & the IFRS variants of the same are also given. Accounting for Investments starts from the basics of each financial product and: defines the product analyses the structure of the product evaluates its advantages & disadvantages describes the different events in the trade cycle elaborates on the accounting entries related to these events. The author also explains how the entries are reflected in the general ledger accounts thus providing a macro level picture for the reader to understand the impact of such accounting. Lucidly written & informative Accounting for Investments is a comprehensive guide for any professional dealing with these complex products. It also provides an accessible text for technology experts who develop software & support systems for the finance industry.