Accounting Simplified: Sage IIM Kohzikode Series for New Managers

Accounting Simplified guides managers to understand financial health and performance using balance sheet, profit and loss statement, and cash flows statements of a company and its different corporate stakeholders such as clients, suppliers, lenders, investee, etc. The book also helps a manager in understanding cost classification, break-even point, relation between cost-volume-profit, cost measurement and performance evolution of products, projects, strategic business units, segments and customers. Filled with checklists and the account reports of major listed companies in India and explained in a lucid manner, the book will help new managers and accounting executives to integrate accounting insights with business goals and strategy, and to make effective corporate decisions related credit sales, purchases, lending, and investment along with improving the financial their own company.