M. Sarngadharan (Ph.D.), former Professor and Head, and Ex-Dean and Chairman BoS, Faculty of Commerce, University of Kerala, is presently, Director, Conspi Academy of Management Studies (CAMS), Thiruvananthapuram, Kerala. He has more than 35 years of teaching experience and has authored several books and articles. Dr. Sarngadharan has participated in several international conferences. He has also served as Member, Curriculum Committee, VHSE, Government of Kerala under the Chairmanship of State Minister for Education. He is the life member of the Indian Commerce Association.S. Rajitha Kumar (Ph.D.) is Reader, School of Management Studies, Cochin University of Science and Technology, Kochi. He has more than 13 years of teaching experience. He is an approved Research Guide in the Faculty of Social Science of Cochin University of Science and Technology. Dr. Kumar is co-editor of a couple of books and has authored several research papers published in various journals. He has also participated and presented papers at national and international seminars and conferences.
Intended for undergraduate (B.Com., BBA) and postgraduate (M.Com., MBA) students of Commerce and Management the book presents an in-depth analysis of various tools and techniques that help interpret the financial statements.
At the outset, the book deals with the basic concepts of all the three branches of accounting—financial accounting, cost accounting and management accounting—and explains the meaning of various financial statements such as profit and loss account, balance sheet, statement of retained earnings and statement of changes in financial position. Apart from discussing the tools used for the analysis of financial statements, this text includes discussions on accounting ratios, including ratios for measuring liquidity, solvency, activity and profitability. Besides, the techniques of identifying flow of funds from a transaction, and the preparation and uses of fund flow statement, comparison of fund flow statement with income statement and balance sheet as well as the limitations of fund flow analysis are also described. Finally, this book discusses preparation and uses of cash flow statement based on traditional approach and on Accounting Standard (AS-3).
At the outset, the book deals with the basic concepts of all the three branches of accounting—financial accounting, cost accounting and management accounting—and explains the meaning of various financial statements such as profit and loss account, balance sheet, statement of retained earnings and statement of changes in financial position. Apart from discussing the tools used for the analysis of financial statements, this text includes discussions on accounting ratios, including ratios for measuring liquidity, solvency, activity and profitability. Besides, the techniques of identifying flow of funds from a transaction, and the preparation and uses of fund flow statement, comparison of fund flow statement with income statement and balance sheet as well as the limitations of fund flow analysis are also described. Finally, this book discusses preparation and uses of cash flow statement based on traditional approach and on Accounting Standard (AS-3).
Author: S. Rajitha Kumar & M. Sarngadharan
Published by: PHI Learning
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