'Accounting for Financial Instruments: A Guide to Valuation and Risk Management', authored by Emanuel Camilleri and Roxanne Camilleri, is a new book published by Routledge (Taylor and Francis Group).

Accounting for Financial Instruments is about the accounting and regulatory framework associated with the acquisition and disposal of financial instruments; how to determine their value; how to manage the risk connected with them; and ultimately compile a business valuation report.

Specifically, the book covers the following topics, among others: Accounting for Investments; Bills of Exchange; Management of Financial Risks; Financial Analysis (including the Financial Analysis Report); Valuation of a business (including the Business Valuation Report) and Money laundering. Accounting for Financial Instruments fills a gap in the current literature for a comprehensive text that brings together relevant accounting concepts and valid regulatory frameworks, and related procedures regarding the management of financial instruments (investments), which are applicable in the modern business world.

The objective of the book is to provide a fundamental knowledge base for those who are interested in managing financial instruments (investments) or studying banking and finance or those who wish to make financial services, particularly banking and finance, their chosen career. Accounting for Financial Instruments is highly applicable to both professional accountants and auditors and students alike.

Emanuel Camilleri was the Director General (Strategy and Operations Support) at the Ministry of Finance, the Economy and Investment, Government of Malta. He has had a long career in the Australian defence industry public sector related to ICT and Operations Research applications, and has managed large projects related to accounting applications and Public Service reforms at the Inland Revenue and VAT Departments in Malta. He is a visiting senior lecturer at the Faculty of Economics, Management and Accountancy, University of Malta. Dr Camilleri is Chairman, Privatisation Unit within Ministry for the Economy, Investment and Small Business (Government of Malta), which has the responsibility to privatise Government assets and issue a wide range of long term concessions related to a diverse spectrum of industries and also Chairman, Foundation for Tomorrow’s Schools within Ministry for Education and Employment (Government of Malta), which has the responsibility for the schools building and maintenance programme of Government’s Public Education sector with a major aim of introducing reforms related to accounting controls and project management.

Roxanne Camilleri is currently a senior auditor with a leading global accountancy firm, RSM. Previously, she held a position of senior auditor with Grant Thornton. Roxanne has conducted accounting audits of many types and sizes of entities both in the private and public sector in Malta and many other European countries for the last six years. Roxanne has a Bachelor of Science Degree (Honours) in Applied Accounting from Oxford Brooks University, UK and an Advanced Diploma in Accounting and Business from ACCA. Roxanne has completed the full ACCA programme, including the professional modules. She is fluent in four languages; Maltese, English, French and Italian.