ABOUT THE BOOK

The book is divided into five parts covering the key areas of finance and accounting: Part One provides a firm grounding in financial statements, financial statement analysis accounting mechanics, and financial forecasting. Part Two discusses the key concepts, tools, and systems of cost accounting, budgeting, managerial decision making, and cost management. Part Three presents an overview of the financial system, dwells on the ideas of compounding and discounting, and introduces the basic risk-return tradeoff in finances. Part Four covers the key areas of financial management such as capital budgeting, financing strategy, sources of finance, and working capital management. Part Five explores certain special topics like mergers, acquisitions, and restructuring; and international finance, and value-based management. In addition, it provides a primer on macroeconomics.