Financial Reporting And Analysis by Meenu Gupta, Hersheen Kaur, Rekha Gupta
Book Summary:
The authors have been extremely grateful for the positive response to the first edition of the book which made it exciting to undertake the challenge of bringing a second edition. In this updated edition, we bring numerous illustrations and review questions (with answers) after each concept for students to assess their knowledge and grasping. The language is simplified further to enable the readers for better and thorough understanding.
Financial Reports form the backbone for financial planning, analysis, bench marking and decision making. The global business environment requires financial statements that are adequate, consistent, comprehensible, credible and comparable. It is vital to note that factors like globalisation, cross border transactions, enactments and amendments in disclosure laws in various countries, financial frauds and scams, complex business transactions are constantly changing the scenario of dynamic global business environment. Thus, it becomes imperative to develop high quality standards and framework for financial reporting to ensure continued trust of different stakeholders and also to enable the users of the financial statements get better insight about the financial strengths and weakness of a firm and its future prospects
Audience of the Book :
This book Useful for B.Com Student.
Table of Content:
1. Basics Of Financial Reporting
2. Conceptual Framework For Financial Reporting
3. Structure Of Financial Statements
4. Additional Disclosure Statements
5. Inventories
6. Receivables
7. Retained Earnings
8. Fixed Tangible Assets
9. Fixed Intangible Assets
10. Leases
11. Revenue
12. Income Tax
13. Financial Statements Variation By Industry
14. Comparative And Common Size Analysis
15. Ratio Analysis
16. Expanded Analysis
17. Accounting Standards
18. International Financial Reporting Standards
Review Questions
References.
Previous Year Examination Papers
