Accounting for Managers

Students from diverse backgrounds like Engineering, Pharmacy, Arts and Biological Sciences join a multidisciplinary course like MBA. Many such students have no earlier exposure to basics of Accounting and hesitate to read the preliminary books in learning the fundamentals. Present syllabus of many universities presupposes that the students, already, know the fundamentals of accounting and starts with the preparation of financial statements. Most students keep struggling with accounting, hoping to pass somehow. Many students share their views, even after passing, as their concepts are not clear, and worry for the next semester, as they are to face the advanced subject ``Financial Management`` in the next semester.

This book starts with fundamentals. Emphasis is to clear concepts in simple language. The aim is also to meet the aspirations of non-commerce students as well to those who could not study in English medium, earlier. This book will benefit the weakest of the weak and would also be a pleasure for all students, who also wish to prepare for the interviews, as `Interviews Questions on Finance` is a tailpiece at the end of each chapter.

Unique Features of this Book Starting from Fundamentals.
Targeted for Non-Commerce Students and Graduates in Engineering, Arts, Mathematics, Pharmacy and Sciences.
Interview Questions on Finance.
Single Book-Suggested Answers and Textbook-Covering Total UGC Syllabus.
Added Features as per New Pattern of Exams-True or False, Pick up Right Choice.

About the Author(s):
CA.C. Rama Gopal is a senior member of three professional institutes-Fellow of institute of Charted Accountants of India, Fellow of Institute of Company Secretaries of India and Associate Member of Indian Institute of Bankers. He has over 38 years of rich and varied experience in Banking, Industry, Trade and Teaching. Currently, he is enjoying his life sharing his knowledge and corporate experiences with students of MBA programme.

His first book ``Export-Import Procedures, Documentation and Logistics`` has secured the uniqueness of going for reprint within six months of its publication, due to its student-friendly features. His recent books ``Financial Management`` and ``Business Legislation`` are tailor-made books, aimed at non-commerce students, have been well received by student community.

Contents:
Scope and Meaning of Accounting
Generally Accepted Accounting Principles
Double Entry Principles and Journal
Ledger Posting and Trial Balance
Preparation of Final Accounts with Adjustments
Inventory Valuation
Depreciation
Analysis of Financial Statements
Ratio Analysis
Sources and Application of Funds
Cash Flow Statement
Management Accounting
Cost Accounting
Cost Records-Reconciliation of Cost and Financial Accounts
Standards Costing and Variance Analysis
Budget and Budgetary Control
Zero-Base Budgeting
Costing for Decision-Making Break Even Analysis
Marginal Costing-Accept or Reject Decisions
Marginal Costing-Make or Buy Decisions
Absorption Costing or Full Costing