Financial Accounting for Management: An Analytical Perspective, 5e, has been substantially revised to capture new provisions of statutory requirements. A greater emphasis has been laid on simplifying concepts and increasing the usefulness of the text for the students. This has been achieved by introducing new chapters, rewriting certain initial chapters, introducing simpler and smaller illustrations, and including new exercises in all the chapters.

About the Author

Ambrish Gupta, Senior Professor (Finance and Accounting), FORE School of Management, New Delhi

Table of Contents:
PART 1: THE FOUNDATION Chapter 1 Measurement of Profit and Financial Position: I Business Transactions to Recording in Journal Chapter 2 Measurement of Profit and Financial Position: II Journal to Trial Balance Chapter 3 Measurement of Profit and Financial Position: III Trial Balance to Balance Sheet and Profit and Loss Account: Non-corporate Entities Chapter 4 Measurement of Profit and Financial Position: IV Corporate Entities Chapter 5 Vertical Financial Statements of Corporate Entities Chapter 6 Specific Day Books PART 2: CONCEPTS AND PRINCIPLES Chapter 7 Conceptual Framework of Financial Statements Chapter 8 Generally Accepted Accounting Principles PART 3: ASSET VALUATION Chapter 9 Valuation of Tangible Fixed Assets Chapter 10 Depreciation on Fixed Assets Chapter 11 Valuation of Assets under Finance Lease and Intangible Assets, Amortization and Asset Impairment Chapter 12 Valuation of Inventories Chapter 13 Valuation of Investments PART 4: UNDERSTANDING THE ANNUAL REPORT Chapter 14 Corporate Financial Statements of Nestle India Ltd Along With Notes to Accounts and Significant Accounting Policies Chapter 15 Other Mandatory Financial Reports PART 5: FINANCIAL STATEMENT ANALYSIS Chapter 16 Quality of Earnings: Window Dressing, Creative Financial Practices and Issues Related to Quality of Disclosures in Reported Earnings Chapter 17 Financial Statement Analysis and the Tool Kit of the Analyst: I Multi-step, Horizontal, Vertical and Trend Analyses and Analytical Balance Sheet Chapter 18 Financial Statement Analysis and the Tool Kit of the Analyst: II Earnings Per Share (EPS) Analysis Chapter 19 Financial Statement Analysis and the Tool Kit of the Analyst: III Ratio Analysis Chapter 20 Construction and Analysis of Corporate Cash Flow Statement Chapter 21 Model for Strategic and Integrated Managerial Financial Analysis of Annual Report PART 6: MORE ON FINANCIAL REPORTING AND ANALYSIS Chapter 22 Analysis of Information from Sources Other than Annual Reports and Inter-company Comparison Chapter 23 Analysis of Group Performance: Consolidated Financial Reporting Chapter 24 Emerging Dimensions in Voluntary Financial Reporting: Contemporary Analytical Techniques