Presents in a form balancing technical accuracy with accessibility the fundamental principles of accounting and finance. Although the book is rigorous, its objective is not to train readers as accountants or financial analysts but rather to enable them to operate more effectively as professionals when issues of accounting or finance arise. Designed for use as a primary textbook for a two- or three-credit course on accounting; as the primary textbook for accounting portions of classes on business associations, corporations, and corporate finance; or as a supplementary text for such courses.
Lawrence Cunningham is best known to book readers as the editor of The Essays of Warren Buffett, which he prepared after hosting a conference featuring Mr. Buffett at Cardozo Law School, New York City, in 1997. Later, Cunningham wrote three other popular books about investing, one concentrating on Buffett and his mentor, Ben Graham; one on why stock markets are not efficient (Outsmarting the Smart Money); and a short, plain spoken book, What Is Value Investing? All his books are widely and well reviewed, and the one on Buffett-Graham chosen as a book of the year by JP Morgan's 2002 "Top 10 Books for Millionaires."
Besides these popular books, Cunningham, who teaches business-related courses (like accounting, business associations and corporate finance) at George Washington University, also writes teaching and practice books in those fields, along with more sophisticated and specialized analysis that appear in academic journals. He occasionally writes op-ed pieces for popular newspapers, including The New York Times and The Financial Times. Along with a dozen friends, he contributes regularly to the blog Concurring Opinions, on the topics: "the law, the universe, and everything."
