Financial Accounting : A Managerial Perspective

Preface • Acknowledgements. Introduction. Interview with Mr. N.R. Narayana Murthy, Infosys Limited.Part One: THE BASICS OF FINANCIAL STATEMENTS.1. Business and Accounting Basics.2. Financial Statements.3. Transaction Processing.4. Measuring Income.Part Two: MEASURING AND REPORTING ASSETS, LIABILITIES, AND EQUITY.5. Inventories.6. Long-lived Assets.7. Financial Assets.8. Operating Investments.9. Operating Liabilities.10. Financial Liabilities.11. Equity.Interview with Mr. P.R. Ramesh, Deloitte India.Part Three: ANALYZING AND INTERPRETING FINANCIAL STATEMENTS.12. Balance Sheet and Statement of Profit and Loss.13. Statement of Cash Flows.14. Financial Statements of Banks.15. Earnings Analysis and Qualitative Information Interview with Professor Suraj Srinivasan, Harvard Business School.

Appendix A: Indian Accounting Standards (Ind AS) and International Financial Reporting Standards and International Accounting Standards (IFRS/IAS)

Appendix B: Dr. Reddy's Laboratories Limited Consolidated Financial Statements

Appendix C: Time Value of Money

Appendix D: Summary of Formulas

Answer Hints for Selected Problems • Index