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Finance sense: an easy guide for non-finance executives

By: Material type: TextTextPublication details: New Delhi; Tata McGraw-Hill; 2000Edition: 2nd edDescription: 481 pISBN:
  • 704636057
Subject(s): DDC classification:
  • 336 CHA 2nd.
Summary: The book is divided into five parts which cover key areas of finance and accounting. A brief description of these parts is given below: • Part One provides a firm grounding in financial statements (balance sheet and profit and loss statement), financial accounting, and financial statement analysis. • Part Two presents the key concepts, tools, and systems of cost and management accounting like product costing methods, standard costing, activity based costing, budgeting, break-even analysis, and differential analysis. • Part Three focuses on strategic issues like capital budgeting and long-term financing which have a significant bearing on the performance of a firm in the long-run. • Part Four covers the vital area of working capital management, wherein almost all executives participate in some way or the other on a continual basis. The topics discussed here are cash and liquidity management, receivables (debtors) management, inventory management, and working capital financing. • Part Five explores certain special topics and contemporary issues like strategic planning and management control, international finance, financial services, and corporate restructuring.
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The book is divided into five parts which cover key areas of finance and accounting. A brief description of these parts is given below:

• Part One provides a firm grounding in financial statements (balance sheet and profit and loss statement), financial accounting, and financial statement analysis.

• Part Two presents the key concepts, tools, and systems of cost and management accounting like product costing methods, standard costing, activity based costing, budgeting, break-even analysis, and differential analysis.

• Part Three focuses on strategic issues like capital budgeting and long-term financing which have a significant bearing on the performance of a firm in the long-run.

• Part Four covers the vital area of working capital management, wherein almost all executives participate in some way or the other on a continual basis. The topics discussed here are cash and liquidity management, receivables (debtors) management, inventory management, and working capital financing.

• Part Five explores certain special topics and contemporary issues like strategic planning and management control, international finance, financial services, and corporate restructuring.

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