This book focuses on end users approach in explainingfinancial accounting, cost management and financial management. Basic theories of accounting and finance areillustrated using numerous worked out corporate examples.
Understanding of profit and loss account and balance sheetexclusively for non-commerce students.
Cash flow analysis. Funds flow analysis.Lucid explanation of financial ratios.Economic value added.Case studies of Reliance Industries Ltd., InfosysTechnologies Ltd. and Wipro Ltd.Cost analysis for decision making-Strategies of convertingfixed costs into variable costs - Cost management in the age of globalcompetition.Activity Based Costing for manufacturing and serviceindustries.Investment, financing and dividend decisions.Working capital planning and financing.Standard costing and variance analysis.Budgetary control and flexible budgets.