num_pages: 672
description: This widely adopted highly acclaimed text now in its Fifth Edition has proved to be an invaluable asset to the student community. It explains how to prepare analyze and interpret the information from financial statements.New and Distinctive Features of the Text Banks: An entirely new chapter (Chapter 13) explains the financial statements of banks. It covers the effect of legal and regulatory requirements on the financial performance of banks. Spotlight on Earnings Quality Analysis and Earnings Management: Intricate issues in understanding earnings quality and earnings management are explained with real-world examples. Chapter Vignette: A tone-setting vignette at the start of every chapter enables the student to relate to the key issues covered in the chapter. Emphasis on Thinking: Accounting involves making significant decisions at every level of management. This text provides many opportunities to students to think about the considerations that go into making accounting judgements. New Cases: There are new cases on Tata Consultancy Services Biocon UBS Reebok India Nobles Crus Essar Oil HDFC Kingfisher Airlines Reliance Communications and ICICI Bank. Student-friendly Approach: Ideas are explained in a simple style using everyday language. No prior knowledge of business is assumed. Common doubts in understanding accounting are addressed. New Material and Updates: New material has been added in many chapters. These include revenue recognition pro forma financial measures whistle-blowing fraudster profile cloud computing statement of changes in equity and management communications. The content has been updated to include the effect of the Companies Act 2013 and changes in Indian accounting standards and International Financial Reporting Standards.This book is recommended in Assam Institute of Management Assam North Eastern Hill University Meghalaya Biju Patnaik University of Technology (BPUT) Odisha for MBA.To access learning resources visit www.phindia.com/narayanaswamy5eContents:Preface  AcknowledgementsIntroductionINTERVIEW WITH MR. N.R. NARAYANA MURTHY INFOSYS LIMITEDPart One: THE BASIC ACCOUNTING MODEL1. Accounting Markets and Governance2. Processing Transactions3. Measuring Income4. Accounting for Merchandising TransactionsComprehensive Case 1INTERVIEW WITH MR. PRABHAKAR KALAVACHERLA INTERNATIONAL ACCOUNTING STANDARDS BOARDPart Two: MEASURING AND REPORTING ASSETS LIABILITIES AND EQUITY5. Internal Control Systems Cash and Receivables6. Inventories7. Fixed Assets8. Investments9. Liabilities10. Shareholders EquityComprehensive Case 2INTERVIEW WITH MR. P.R. RAMESH DELOITTEPart Three: ANALYZING AND INTERPRETING FINANCIAL STATEMENTS11. Analyzing Financial Statements: Statement of Profit and Loss and Balance Sheet12. Analyzing Financial Statements: Cash Flow StatementComprehensive Case 313. Analyzing Financial Statements: BanksComprehensive Case 4INTERVIEW WITH PROFESSOR SHYAM SUNDER YALE UNIVERSITYAppendix A Hindustan Unilever Limited Consolidated Financial StatementsAppendix B Time Value of MoneyAppendix C Summary of FormulasGlossary  Answers Check for Selected Problems  Index Solution Manual is available for adopting faculty.
language: English
title: Financial Accounting: A Managerial Perspective
publisher: PHI Learning