This book is made reader-friendly by its lucid presentation of topics and by adopting a practical situational approach in solving problems. Besides practising operational managers, all those preparing for professional examinations would find this book to be of enormous help to them. The book is also suitable for students of business management.
This book Useful for finance and management students.
PART I—FINANCIAL ANALYSIS
Chapter 1. Why Learn Finance?
Chapter 2. Understanding Financial Condition of the Firm: Balance Sheet and Profit and Loss Statement
Chapter 3. Assessing Financial Health of the Firm: Financial Ratios
Chapter 4. Analysing Liquidity of the Firm: Funds Flow Statement
PART II—COST ANALYSIS
Chapter 5. Determining Product Costs: Cost Classification and Allocation
Chapter 6. Analysing Firm’s Costs, Volume and Profits: Variable Costing and Break-even Analysis
Chapter 7. Planning and Controlling Costs: Standard Costing and Flexible Budgeting Approaches
Chapter 8. Using Costs for Decision-making: Relevant Costs
Chapter 9. Planning for Profits: Budgeting
PART III—FUNDS MANAGEMENT
Chapter 10. Measuring the Value of Money: Present Value Concept
Chapter 11. Evaluating Capital Investments: Investment Criteria
Chapter 12. Determining Sources of Finance: Debt-Equity Mix and Retention of Earnings
Chapter 13. Managing Liquidity: Working Capital Management
Chapter 14. Managing Company Finance: Financial Planning and Policy