| Sumario: | Financial Accounting for Managers, 3e seeks to provide a comprehensive coverage of the basic principles of financial accounting, incorporating the latest accounting norms and standards. This book is primarily meant to be used in postgraduate programmes of various universities and institutions and can be used as an introductory course on accounting. This edition would also be helpful to practicing managers - both in finance and non-finance areas, so that they can sharpen their skills in understanding and analysing financial and accounting information. Features Concepts discussed in the text have been reinforced with the help of solved instances both within the text and at the end of every chapter. Case studies have been included in all chapters based on information from annual reports and real-life situations. Requirements of the Companies Act 2013 have been suitably incorporated. In view of the convergences of Indian accounting standards with IFRS, accounting and reporting have been discussed based upon the applicable Ind-AS. Table of contents1 Introduction to accounting2 Generally accepted accounting principles and accounting standards3 Accounting cycle4 Financial statements of companies5 Statement of profit and loss6 Balance sheet7 Accounting for revenue8 Accounting and valuation of inventory9 Accounting for fixed assets and depreciation10 Accounting for investments11 Cash flow statement12 Consolidated financial statements13 Disclosures in annual reports14 Analysis of financial statements15 Financial shenanigans.
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