Description
PHI Financial Accounting A Managerial Perspective 6Th Edn 2017 Edition by NARAYANASWAMY
This highly acclaimed text, now in its Sixth Edition, is designed as a first-level course offered in business schools, universities, and professional programmes. It explains how to prepare, analyze, and interpret financial statements.Its distinctive features include the following:• Developing the accounting model from the basics of business.• Stress on the why of accounting rather than the how of bookkeeping.• Emphasis on financial analysis from the beginning.• Attention to accounting regulations and legal requirements.• Problems and cases that strengthen conceptual foundation and encourage critical thinking.Anyone who follows plain English and knows basic math (+, –, ×, ÷) can read this book.NEW TO SIXTH EDITION• Chapters:o Chapter 7 on Financial Assetso Chapter 9 on Operating Liabilitieso Chapter 10 on Financial Liabilitieso Chapter 15 on Earnings Analysis and Qualitative Information• Topics: Accounting fraud and red flags, cash flow ratios, economic value added, foreign currency accounting, and joint arrangements.• Expanded coverage: Earnings quality, earnings management, and pro forma measures.• Standards: IFRS, Ind AS, and Indian GAAP comparisons for key items in financial statements.• Real-world cases: Amazon, Lanco, National Spot Exchange, Olympus, Suzlon, Valeant Pharmaceuticals, TCS, and Toshiba.• Interview: Professor Suraj Srinivasan, Harvard Business School.• Pedagogical features: Application, Discussion Question, Forensic Corner, Ladder, One-minute Quiz, Quick Question, Real World, and Speed Read.• Examples: New examples in Chapter Vignette, Earnings Quality Analysis, and Financial View.• New Material and Revision: Additional and revised text and figures in almost all chapters.Student ResourcesInteractive Study Guide available at www.phindia.com/narayanaswamy6e provides valuable support.Instructor ResourcesInstructor’s Manual is available to adopting instructors from the publisher. Part One: THE BASICS OF FINANCIAL STATEMENTS1. Business and Accounting Basics2. Financial Statements3. Transaction Processing4. Measuring IncomePart Two: MEASURING AND REPORTING ASSETS, LIABILITIES, AND EQUITY5. Inventories6. Long-lived Assets7. Financial Assets8. Operating Investments9. Operating Liabilities10. Financial Liabilities11. EquityINTERVIEW WITH MR. P.R. RAMESH, DELOITTE INDIAPart Three: ANALYZING AND INTERPRETING FINANCIAL STATEMENTS12. Balance Sheet and Statement of Profit and Loss13. Statement of Cash Flows14. Financial Statements of Banks15. Earnings Analysis and Qualitative InformationINTERVIEW WITH PROFESSOR SURAJ SRINIVASAN, HARVARD BUSINESS SCHOOLAppendix A Ind AS and IFRSAppendix B Dr. Reddy’s Laboratories Limited Consolidated Financial StatementsAppendix C Time Value of MoneyAppendix D Summary of FormulasAnswer Hints for Selected Problems • Index