FEATURED LIBRARY BOOKS OF THE MONTH

NOTABLE BOOKS ON POPULAR TOPICS FROM THE HONG KONG INSTITUTE OF CPAs LIBRARY

THIS MONTH’S TOPIC

Foreign Exchange

Books E-books E-journals

Books

Title: Exchange Rate Regimes and Macroeconomic

Management in Asia

Author: Tony Cavoli and Ramkishen S. Rajan

Publisher: Hong Kong : Hong Kong University Press

Year of Pub.: 2009

Call no.: HG3968 .C38 2009

ISBN.: 9789622090538

u Monetary issues in Asia have acquired great significance as the

region holds the largest reserves in the world and consequently

plays a major role in the global macro-economy. In addition,

there are also a great variety of monetary policy regimes at play

in the region. This volume explores monetary, exchange rate

and macroeconomic policies in Asia. A particular question that is

analyzed is Asia's experience since the crisis with the use of

monetary policy to manage the resurgence in capital inflows. It

also examines the theoretical and policy issues associated with

international capital flows, the increasing degree of integration of

financial markets and exchange rate regimes for emerging Asian

economies.

u Chapters of the book include:

- Exchange rate regimes and monetary frameworks in Asia

- International capital flows, financial integration and

macroeconomic management in Asia

Title: Foreign Currency – Financial Reporting From Euro to

Yen To Yuan : A Guide to Fundamental Concepts and

Practical Applications

Author: Robert Rowan

Publisher: Hoboken, N.J. : John Wiley & Sons

Year of Pub.: 2011

Call no.: HG3853.7 .R69 2011

ISBN.: 9781118024423

u The book clarifies an intimidating topic into practical application to

help you function effectively in the multicurrency reporting

environment. The misperception that it is as simple as

multiplying a value by an exchange rate is dispelled in this unique

guide, providing the starting context for discussion of foreign

currencies and exchange rates. Common points of confusion are

addressed, without relying on technical jargon. Instead, you will

build a solid foundation in the background, history, and

fundamental mechanics of foreign currency and exchange rates

through a plain-English presentation of the basics.

u Chapters of the book include:

- Isn't currency conversion just multiplication?

- Exchange rate tables: getting from Yen to Euro without

losing your way

- Approximation: when mathematics, computer science, and

regulations converge

- What's in a name?

- The gold standard: following the standard for fiat currencies

- They're not synonyms: transaction to translation, revaluation

to remeasurement

- The intersection: interplay of mathematics, exchange rates,

accounting standards, economics, and time

- Practical knowledge: things you should know

- Practical knowledge: things you can learn

- Cumulative translation adjustment

- The residual

Title: China's Exchange Rate Variation : Impacts on Industrial

Restructuring

Author: Gu Kejian and Yu Jian

Publisher: Hong Kong : Enrich Professional

Year of Pub.: 2013

Call no.: HG3978 .G824 2013

ISBN.: 9789814298346

u This book analyzes the external influences, especially the

influences of exchange rate variation, on China's current

industrial restructuring under the development of open economy

and globalization. It concludes that the key driving force for

China's industrial restructuring is the development of its external

sectors, such as the exchange rate mechanism and new

strategies in the financial economy's capital market. The

influences of the exchange rate variation, which is exerted

through a unique mechanism, over China's industrial

restructuring would be more obvious. This book also suggests

that in order to keep improving the industrial structure, China

should actively adjust the exchange rate of Renminbi and

achieve dynamic comparative advantages.

u Chapters of the book include:

- Introduction: subject and methods

- Relevant theories of exchange rate variation and industrial

restructuring

- China's industrial restructuring in the context of comparative

advantage: exchange rate and gains from trade

- Introduction of development and openness variables

- Path analysis of changes in China's exchange rate leading

to industrial restructuring

- Interdependence of China's exchange rate system reform

and industrial restructuring

- China's exchange rate reform that meets the objectives of

industrial restructuring

E-books

Title: Trading and Investing in the Forex Markets Using

Chart Techniques

Author: G. A. Burgess

Publisher: Chichester : John Wiley & Sons

Year of Pub.: 2009

ISBN.: 9780470740835 (ebk.)

Title: Attacking Currency Trends : How To Anticipate And

Trade Big Moves In The Forex Market

Author: Greg Michalowski

Publisher: Hoboken, N.J. : John Wiley & Sons

Year of Pub.: 2011

ISBN.: 9781118023495 (ebk.)

Title: Foreign exchange option pricing : A Practitioner's

Guide Author: Iain J. Clark.

Publisher: Chichester, West Sussex : John Wiley &

Sons

Year of Pub.: 2011

ISBN.: 9780470977194 (ebk.)

E-journals Foreign Currency Strategies Can Produce Unforeseen Tax Consequences Knight, Lee G; Knight, Ray A. The CPA Journal 82. 8 (Aug 2012): 42-47 Foreign Currency Forward Contracts And Cash Flow Hedging Rashty, Josef; O'Shaughnessy, John. The CPA Journal 82. 3 (Mar 2012): 22-27 Three Common Currency-Adjustment Pitfalls Spencer, Scott L, CPA; Richards, Glenn E, CPA. Journal of Accountancy 213. 2 (Feb 2012): 30-35,10. Understanding Foreign Exchange Option Returns: The Information Content of Volatility Kermiche, Lamya; Dupuy, Philippe. SSRN Working Paper Series. (Feb 2012) Foreign Exchange Survey Results Global Investor (Feb 2012) The Effect of Capital Flow Management Measures in Five Asian Economies on the Foreign Exchange Market Yiu, Matthew S. SSRN Working Paper Series. (Dec 2011) The Effects of Currency Translation: Increasing Profit Margins with Declining Earnings Sorensen, Susan M, CPA; Kyle, Donald L, CPA. Strategic Finance 93. 3 (Sep 2011): 35-43 How to Manage Fluctuations in Foreign Currency Rates Heye, Pam. Journal of Accountancy 211. 4 (Apr 2011): 19. IPSAS 4 - The Effects of Changes in Foreign Exchange Rates Anonymous. IPSAS - International Public Sector Accounting Standards 1. (2011)