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About the Author

Dr. Jae K. Shim is a professor of business at California State University, Long Beach and CEO of Delta Consulting Company, a financial consulting and training firm. Dr. Shim received his M.B.A. and Ph.D. degrees from the University of California at Berkeley (Haas School of Business). Dr. Shim has been a consultant to commercial and nonprofit organizations for over 30 years.

Dr. Shim has over 50 college and professional books to his credit, including Barron’s Dictionary of Accounting Terms, Budgeting Basics and Beyond, 2011-2012 Corporate Controller’s Handbook of Financial Management, US Master Finance Guide 2012-2013, Project Management, Dictionary of Business Terms, The Complete CPA Reference (formerly The Vest-Pocket CPA), CFO Fundamentals (formerly The Vest-Pocket CFO), and the best-selling Vest-Pocket MBA.

Thirty-one of his publications have been translated into foreign languages such as Chinese, Spanish, Russian, Polish, Croatian, Italian, Japanese, and Korean. Professor Shim’s books have been published by CCH, Barron’s, John Wiley Indonesia, McGraw- Hill, Prentice-Hall, Penguins Portfolio, Thomson Reuters, Global Publishing, American Management Association (Amacom), and the American Institute of CPAs (AICPA).

Dr. Shim has also published numerous articles in professional and academic journals. He was the recipient of the Financial Management Association International’s 1982 Credit Research Foundation Award for his article on cash flow forecasting and financial modeling.

Dr. Shim has been frequently quoted by such media as the Los Angeles Times, Orange County Register, Business Start-ups, Personal Finance, and Money Radio. He also provides business content for CPE e-learning providers and for m-learning providers such as iPhone, iPad, iPod Touch, Blackberry, Android, and Window phones.

He has over 90 online NASBA-compliant CPE courses to his credit.

Time Value of Money and Fair Value Accounting

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