""Finance Made Easy Series has been designed to cater to managers and executives with little understanding of finance and little time to read treatises on financial management. Hence, the series seeks to demystify apparently complex financial statements and help create a finance-savvy executive class—the key to fiscally sound and successful businesses. A lucid, creative and concise exposition of financial statements, their components, ja ..."
""On hearing the term ‘business’, the first thought that comes to mind is of its profitability. The Profit and Loss (P&L) Statement is one of the chief indices of profitability of a business and the key driver of strategic organizational decisions. This new edition evaluates those queries related to the P&L Statement that reflect the total financial wellbeing of an organization: from defining a P&L Statement to its key components and me ..."
""Cash accounting keeps track of all the cash coming in and going out of a business. The basic task of a Cash Flow Statement is to show all the cash transactions within a business entity in a given period, thereby enabling a company to gauge its cash position and manage its daily functions more efficiently. Covering funds and working capital, capital invested and factors affecting fund requirements, and fund flow and cash flow stateme ..."
""The function of a correctly prepared Balance Sheet is to exhibit the true and correct view of the state of affairs of any concern. This new edition targets those questions related to the Balance Sheet that arise from some tricky sounding financial jargons which play important role in determining the overall fiscal health of the organization. Like in the earlier edition, the readers would be taken through witty conversations infused wit ..."
""There are some basic questions that an investor or a shareholder would have in mind while going through the financial statements of a firm: • What are the types of assets of an entity? How valuable are they? Can they be liquidated easily or will they become a risk for the entity over time? • What is the value of the debt of an entity in concern? How risky would it be for the entity? • What is the value of equity? How can it be of use t ..."