Financial Accounting: A Managerial Perspective

This highly acclaimed text, now in its Sixth Edition, is designed as a first-level course in MBA and professional programmes. It explains how to prepare, analyze, and interpret financial statements.

NEW TO THIS EDITION,

•Chapters: Chapter 7 Financial Assets, Chapter 9 Operating Liabilities, Chapter 10 Financial Liabilities, and Chapter 15 Earnings Analysis and Qualitative Information.

•Topics: Accounting fraud and red flags, cash flow ratios, economic value added, foreign currency accounting, and joint arrangements.

•Expanded coverage: Earnings quality, earnings management, and pro forma measures.

•Standards: IFRS, Ind AS and Indian GAAP comparisons for key items in financial statements.

•Real-world cases: Amazon, Lanco, National Spot Exchange, Olympus, Suzlon, Valeant Pharmaceuticals, and TCS, Toshiba.

•Interview: Professor Suraj Srinivasan, Harvard Business School.

•Pedagogical features: Application, Discussion Question, Forensic Corner, Ladder, One-minute Quiz, Quick Question, Real World, and Speed Read.

•Examples: New examples in Chapter Vignette, Earnings Quality Analysis, and Financial View.

•New Material and Revision: Additional and revised text and figures in almost all chapters.