Includes index.

PART 1 - FUNDAMENTALS OF ACCOUNTING; 1. Basic Understanding of Accounting; 2. Accounting Concepts - Balance Sheet; 3. Accounting Concepts - Income Statements; PART 2 - RECOGNITION OF TRANSACTIONS AND ITS TYPES; 4. Objectively Verifiable Evidences; 5. Revenues and Expenses Recognition; 6. Accounting for Business Transactions; 7. Fixed Assets and Depreciation Accounting; 8. Inventory Valuation; 9. Average Due Date, Account Current and Bills of Exchange; PART 3 - PREPARATION OF FINANCIAL STATEMENTS; 10. Bank Reconcilliation Statement; 11. Financial Statement Preparation; 12. Single Entry System or Accounting from Incomplete Records; PART 4 - ANALYTICAL ACCOUNTING; 13. Analysis and Interpretation of Financial Statements; 14. Cash Flow Statement; PART 5 - SPECIAL TOPICS; LEGAL AND REGULATORY FRAMEWORK OF ACCOUNTING AND AUDITING; 16. Comapny Accounts; 17. Foreign Exchange Accounting

Financial Accounting for Management is a comprehensive textbook, with a strong focus on fundamentals, and has been specially designed to meet the needs of MBA students. It has systematically organised text that discusses the essential concepts and principles of financial accounting essential for decision making, and is highly application oriented. The book aims to develop the reader's skill for maintenance and evaluation of accounting needs for day-to-day business decision making. Oriented towards providing the reader with decision making insights, the book is likely to become popular as an independent, self-contained text for undergraduate and postgraduate students. This book would also serve as a handy reference book for entrepreneurs and practitioners to make informed and systematic business decisions.