Bøker av T.H. Donaldson

The book argues that accountants overemphasise cost and liquidation value, ignore cashflow and value to a going concern; The book supports these arguments, illustrates the harm they do, and discusses how values, and their impact, vary - depending on the party banker, shareholder and situation.

This book is a sequel to the author's earlier Thinking About Credit (also published by Macmillan). Once again, he applies his undoubted experience to a number of topics in the area of credit evaluation and management.