i. I have illustrated Accounting cycle steps by creating 42 transactions, given the journal entries for these 42 transactions, prepared all the various ledger accounts from these journal entries, preparation of Trial balance has done with these ledger account balances and finally, prepared the final accounts (Trading, Profit and loss account and Balance sheet) based on the Trial balance. Hence, I conclude that the end-to-end process of Accounting cycle with data interpretation has done in this book which will help the readers to understand that “where can we get the amounts which are appear in trial balance).
ii. I have evaluated 45 ratios based on latest financial statements of a leading manufacturing company for the financial year ended December 2019.
iii. Clear presentation of financial statements analysis have done in this book.
iv. Bank Reconciliation statement have prepared based on real time scenario.
v. Capital budgeting methods have explained in clear and transparent manner.
vi. Readers can easily understand about Derivatives.
vii. The computation of Sensex from live indices will help the readers to understand how the Sensex figures arrive.
And also, I have given an important 150 terms under ‘GLOSSARY’ at the end of the book which can be used as a quick reference to learn an important terminology of Finance and Accounts. Chapter wise hyperlink will help the readers to go quickly to the desired chapter. This book is useful to everyone in Finance and Accounting field like students, Accounts executives, Financial analysts, etc. I have added two important chapters ‘Monetary policy Rrates’ and ‘GDP and Inflation’ in this book. I hope that the book will help the readers to study in a focused manner. Any criticism and constructive suggestion in the direction of making the book a better teaching and studying manual will be gratefully acknowledged by the author. Suggestions will be incorporated in the subsequent editions.
All the best .....
Chandra Sekhar holds an M.Com., and MBA in Finance during 2007-09 from Sri venkateswara university college of Commerce, Management and Information Sciences, Sri venkateswara university. He has also got certifications in Finance field from National Stock Exchange and Bombay Stock Exchange. He has been working with Conduent, Bangalore in Finance and Accounts field. He worked in Capgeminini, and Shahi exports private limited. He also served in external audit field for large companies like MRF, Aventis pharma limited, and Zydus Cadila health care limited, etc. Chandra Sekhar’s general area of expertise lies in writing books and articles in Financial accounting, Cost and Management accounting. His specific research interest is in Cost Accounting, Financial decision-making process mainly through Ratio analysis, Capital budgeting decisions, Capital markets and financial services. He is the author of more than 35 books and management cases.