MGMT 429 Hickman

Each chapter provides a discussion of perspectives and issues, GAAP sources, practice-oriented examples, and concise definitions of concepts, rules, and terms. Every Topic is clearly explained in an easy-to-understand way and is accompanied by illustrations and graphics that help the reader apply the information. The 2025 edition covers the latest developments in the presentation and disclosures in financial statements, reporting crypto assets, improved segment reporting, and new disclosures for joint venture formations and income taxes.

Also available as eBook. Like a detailed trail map through the jungle of finance, this book guides readers past small-business financial pitfalls, showing readers how to fine-tune operations and enhance profitability. Easy to read and full of engaging stories, this book teaches the basics of true financial management—re-made just for small businesses. It's perfect for entrepreneurs who want to get more from their accounting without getting stuck in the details. The author examines each of the three major financial statements and explains both how and why business owners should utilize these powerful tools to create a more stable, more profitable business.

his book is aimed at those who wish to advance their knowledge and expertise in financial modelling by addressing common problems that occur day to day in the world of business/decision analyses, forecasting, and valuations. Building on the sister book, An Introduction to Financial Modelling, this book begins where the other ends considering typical issues and traps in cashflow forecasting, inventory modelling, depreciation calculations, debt sculpting, rolling budgets and charts, and valuation construction, to name just a few relevant topics.

This book, based on the author's professional experiences and time teaching courses on the subject, will explain these financial restructuring techniques for executives, business owners, boards of directors, creditors, advisors, and investors whose companies may be facing distress and restructuring. It will help key stakeholders build identify distress before it is too late and to avoid becoming a corporate "zombie." This is a company whose interest expense exceeds its operating cash flow for an extended period of time but has been able to avoid a bankruptcy or major restructuring. It demonstrates how restructuring a company's debt can create a larger "pie" in the form of real enterprise value enhancement for the benefit of all stakeholders. Finally, it guides executives, owners, boards, and investors who are forming companies on how to "structure right" - capitalizing their balance sheets upon origination more effectively in a way to minimize the risk of future financial distress.