Description:

This highly acclaimed text, now in its seventh edition, is designed for a first-level course in MBA and professional programmes. It explains how to prepare, analyze, and interpret financial statements.

NEW TO THE EDITION

Topics: ESG, fraud analytics, fraud triangle and analysis of the statement of cash flows of Dr. Reddy's Laboratories.

Major revisions: Revenue recognition, lease accounting and employee benefits.

Expanded coverage: Fraud, earnings quality, earnings management, pro forma measures and short-sellers.

Real-world cases: Autonomy, Coffee Day, Cox & Kings, EIH, General Electric Company, Indian Oil, Indian Overseas Bank, Mahindra & Mahindra, McNally Bharat, Noble Group, Punjab National Bank, Reliance Jio Infocomm, Sun Pharma, Tesco, Tesla, Theranos , Wirecard, Yes Bank, Zee Entertainment and Zomato.

Pedagogical features: Technology in accounting and impact of Covid-19 on reporting.

Examples: New examples in Application, Chapter Vignette, Earnings Quality Analysis, Financial View, and Real World.

LEARNING RESOURCES

Interactive Study Guide available at https://www.phindia.com/narayanaswamy_financial_accounting has solution templates, self-test questions, key ideas, and chapter review slides.

TARGET AUDIENCE

• MBA

• Executive Programmes