The objective of this book is to meet the needs of postgraduate management students. It is tailor-made to meet the requirements of the syllabi of financial accounting prescribed by the following:
- Various Indian universities for their MBA/MMS programs
- Other institutions for their PGDM program
- Similar postgraduate management program
This book mainly focuses on 'would-be managers' and not 'would-be accountants'
The Present Publication is the Latest Edition, authored by Dr Dinesh D Harsolekar & CA (Dr) Pinky Agarwal, with the following noteworthy features:
- [Amended & Updated] The discussions in the book are based on the latest provisions and amendments of the Companies Act 2013, Indian Accounting Standards and other relevant laws
- [Self-study Book in Simple Language and Explanatory Notes] which helps the students to learn the subject with minimum help from their instructors
- [Examples & Theoretical Explanation from Real Companies] are included in this book to make it practically relevant
- [Emphasis on Practical Aspects] of the subject matter and less on theory
- [Paragraph at the end of Chapter for Implications] has been provided in this book
- [Graded Problems & Exercises] with varying levels of difficulty to the student comfortable with the subject
- [Illustrations, Detailed Examples, etc.] are included to allow students to be fully conversant with the subject
- [Student-Oriented Book] This book has been developed keeping in mind the following factors:
o Interaction of the author/teacher with their students in the classroom
o Shaped by the author/teacher's experience of teaching the subject matter at different levels for more than three decades
o Reactions and responses of students have also been incorporated at different places in the book
The detailed contents of this book are as follows:
- Introduction to Accounting
- An Overview of the Accounting Cycle
- Principles and Concepts of Accounting
- Accounting Process – The Recording Stage
- Accounting Process – The Classification Stage
- Accounting Process – The Financial Statements
- Financial Statements with Adjustments
- Income Measurement, Revenue Recognition and Capital & Revenue Items
- Corporate Financial Statements
- Equity & Other Equity
- Debts
- Accounting for Property, Plant & Equipment (PPE) and Depreciation
- Inventory Valuation and Treatment
- Corporate Financial Statements – Advanced Problems and Cases
- Analysis of Financial Statements – Statement of Cash Flow
- Analysis of Financial Statements – Comparative and Common Size Statement – Trend Analysis – Ratio Analysis
- Accounting and Ethics
