In 1494, a Franciscan monk and professor of sacred theology in Venice wrote the first textbook of modern accounting. Five centuries later,
businesspeople the world over, American or Italian, Japanese or Nigerian, still speak the fundamental language of business created by Luca Pacioli.

CONTENTS
Preface iii
1. Essential Functions For Financial Accounting 1
2. Principles Of Financial Accounting 11
3. Standardisation Of Financial Accounting 25

I have known Michael for over twenty years. He has one of the smartest business minds I know. When he gives me advice, I pay attention, and you should, too. Automatic Wealth is full of wisdom and insight filtered by a master and brought to you in a well-written and delightful style.
-John Mauldin, Editor of the bestselling book, Just One Thing: Twelve of the World s Best Investors Reveal the One Strategy You Can t Overlook

The book covers basic interest, NPV, IRR, bond calculations and stripping, floating rate securities, swaps, forwards, futures, foreign exchange, option pricing, valuation methods, leasing and basic statistics.The book does a good job of outlining each concept before explaining how it is used in excel. The author s major contribution is showing how to organize the model layout so that inputs, calculations and model outputs can be easily seen and changed saving time and decreasing model errors.

In the midst of the most serious financial upheaval since the Great Depression, legendary financier George Soros explores the origins of the crisis and its implications for the future. Soros, whose breadth of experience in financial markets is unrivaled, places the current crisis in the context of decades of study of how individuals and institutions handle the boom and bust cycles that now dominate global economic activity. “This is the worst financial crisis since the 1930s,” writes Soros in characterizing the scale of financial distress spreading across Wall Street and other financial centers around the world. In a concise essay that combines practical insight with philosophical depth, Soros makes an invaluable contribution to our understanding of the great credit crisis and its implications for our nation and the world.

English edition of European best seller - over 1.5 million copies sold to date.