Now-a-days, accounting is not merely restricted to the recording of transactions. It serves as the basis for the development of financial statements for an organisation. With the help of financial accounting, a business organisation aims to retrieve the relevant information
associated with the utilisation of their assets.
The Accounting for Managers book is developed to enlighten the students about important aspects of accounting. For instance, basic concepts of fixed assets, depreciation inventory accounting, fund flow, etc. Various methods to prepare financial statements such as Trial Balance, Balance Sheet, Income Statement, and many more are discussed and explained with the help of illustrations. The book also discusses about different types of financial statements for corporates, banks, insurance companies, etc. and how these statements are prepared and analysed. The book also covers the important concepts such as cost accounting, marginal costing, standard costing, and variance analysis. In short, the Accounting for Managers book will help the students in acquiring knowledge of accounting to not only interpret company’s financial statement but also make key business decisions.
The book is developed in a simple and easy-to-understand language. The chapters in the book comprise detailed explanation of all the concepts of along with elaborative examples. In addition to that, solved illustrations are provided at the end of each chapter for a coherent understanding of the application for various methods described in the chapters. Every chapter of this Accounting for Managers book has been created to stimulate and magnify the students’ understanding.
A Doctrate in Finance with MBA, Dr. Anuj Verma has 20 year of teaching, training and consultancy experience . An avid reader and tracker of Capital Market,he has conducted various workshops in different fields like e- finance, derivatives, mutual funds etc. Dr. Verma has also authored 3 books. Currently he is Associate Professor in the area of Accounting and Finance at Lal Bahadur Shahstri Institute of Management, New Delhi.
Dr. Nitin Saxena is a faculty in the area of Accounting and Finance at Institute of Technology & Science , Ghaziabad. He is Commence graduated ( B Com ( H) from Delhi University and MBA from UPTU, Lucknow. Prof. Saxena has more than 15 years of experience of Academic Teaching and Industry. He is continuously working in the field of Accounting and Taxation for last 10 years. He is associated with ISCI for content development and other Academic related work. He has conducted NET conducted by University Grand Commission.