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Accounting for Management: Text and Cases, 3/e

Accounting for Management: Text and Cases, 3/e

Vikas Publishing
  • 9788125905530
  • 436 pages
  • Paperback
  • Book 425.00


Financial Accounting is a dynamic subject which is constantly evolving to keep pace with changes and new developments in business. This Book incorporates the refinements in the accounting concepts and practices in the earlier editions and reflects on new issues and developments in the field of accounting at the international and national levels. The original structure of the book i.e. to instruct Managers rather than Accountants remains unchanged. The inclusion of a large number of cases is an element of this design.
To make the book more contemporaneous some of the cases have been replaced. However, those cases have been retained which we believe provide learning that can be described as timeless. The focus of the book is on how to use a financial statement than on how to prepare one, however to understand fully, one must know how a statement is prepared. Towards this end, we have also increased the proportion of content devoted to the mechanics of preparing financial statements.
 To most students Financial Accounting is daunting. The approach of this book is to enliven the subject and unveil it of the shrouds of myths and mysteries.

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• Introduction to Managerial Accounting • The Balance Sheet and Related Concepts • The Profit and Loss Account and Related Concepts • Accounting Mechanics: Basic Records • Accounting Mechanics: Preparation of Financial Statements • Revenue Recognition and Measurement • Matching of Revenues and Expenses: Inventory Pricing and Valuation • Fixed Assets and Depreciation Accounting • Intangib Assets • Foreign Currency Accounting • Regulatory Framework of Financial Reporting in India • Analysis of Financial Ratios • Analysis of Cash Flow Ratios