Reading suggestions
Haase, Florina, Brändle, Katrin, Investmentsteuerrecht [Investment Tax Law]
Gabler Verlag, 186 pp, €49.95, ISBN 978-3-8349-2716-3
According to recent estimates, about 60 percent of German households own shares in investment funds. The book offers a current and practical introduction to the complicated matter of investment tax law. The focus of the presentation in the book is on the taxation of the investor. A wide range of practical tips and examples make the recommendations easy to understand.
Hosp, Thomas, Langer, Matthias, Steuerstandort Liechtenstein [Tax Location Liechtenstein]
Gabler Verlag, 303 pp, €49.95 Euro, ISBN 978-3-8349-1637-2
The legal situation in Liechtenstein is currently developing very dynamically: new tax law, new foundation law, the tax information exchange agreement and double taxation agreements and an anti-fraud agreement with the EU. This presentation of the economic and tax location Liechtenstein therefore not only includes an analysis of the comprehensive revision of the tax law on 1 January 2011, but also deals with Liechtenstein’s international tax cooperation, and gives a detailed analysis of the tax information agreement between Germany and Liechtenstein and the national implementation by both.
Meitner, Matthias, Streitferdt, Felix, Unternehmensbewertung [Business Valuation]
Schäffer-Poeschel Verlag, 273 pp, €49.95 Euro, ISBN 978-3-7910-2922-1
The book, geared to the requirements of modern business valuation, deals in particular with issues arising from the changed evaluation environment through the financial crisis. These include proper accounting for inflation, the valuation of distressed companies, the consideration of debt at risk of default, the importance of financial reporting and the identification of periodic value contributions. Case studies illustrate the theory.
Plendl, Martin, Kompenhans, Heiner und Buhleier, Claus (eds.), Der Prüfungsausschuss der Aktiengesellschaft [The Audit Committee of the Corporation]
Schäffer-Poeschel Verlag, 257 pp, €79.95 Euro, ISBN 978-3-7910-3064-7
The duties of the audit committee of a corporation were recently normalized and specified by the BilMoG [Accounting Law Modernization Act]. Accordingly, the Audit Committee has to deal explicitly with the monitoring of the financial reporting process, the effectiveness of internal controls, the risk-management system and internal auditing system, and auditing. Neither Supervisory Board practice nor the literature has fully resolved how an audit committee is to meet its monitoring obligations. Against this background, this practical guide presents the tasks and the activity of an audit committee throughout the year and gives concrete recommendations for action, as well as assistance with implementation. To assist Supervisory Board practice, an Excel-based agenda planner is made available to purchasers of the work for download.
Schwarzbuch Börse [Exchange Black Book] 2010
SdK, 72 pp, €10, or €8 to download at www.sdk.org/schwarzbuchboerse.php (or free to SDK members)
This is an indispensable handbook for stock-market players: the Black Book 2010 from shareholder association Schutzgemeinschaft der Kapitalanleger (SDK). Here, the Munich shareholder protectors draw up a balance-sheet each year for the past trading year, and pillory mismanagement and bad management at listed German companies. This year, the book lists, in addition to the big names like Commerzbank and Conergy, especially such smaller values as the insolvent EOP Biodiesel, or Loewe, again in difficulties. For ten euros, it can be ordered from the SDK.