The second edition of Financial Accounting for Management is a comprehensive textbook designed to meet the syllabi requirements of management students. The text has been restructured to include several new topics, examples, cases, exercises, and one new chapter.
The book discusses all major accounting topics such as the basics of financial accounting, balance sheet, income statement, accounting for business transactions, inventory valuation, bank reconciliation, preparation of financial statements, interpretation of financial statements, and cash flow statements. Other important areas such as the legal framework for accounting, company accounts, foreign exchange accounting, and the latest issues in accounting including the International Financial Reporting Standards (IFRS) have also been discussed.
Praises for First Edition
Written to help the self-learner, the book has exercises and case studies in ample measure, apart from a discussion of the basics in a simple style. – The Hindu
The coverage of the book is quite useful for easy understanding of the subject of financial accounting. – D.M. Parikh, Director, Business Development Services (BDS), Entrepreneurship Development Institute of India (EDII)