This book is aimed at fulfilling the requirements of managers and non-specialists in accounting. With the objective of providing conceptual clarity and connecting to accounting in practice, this new edition continues to focus on building the concepts in financial accounting from a decision-making perspective. With the help of real illustrations, solved problems, as well as realworld examples and cases, the book will help enhance the readers' ability to understand and evaluate accounting reports. This edition has been thoroughly updated as per provisions of Companies Act, 2013, Indian Accounting Standards (Ind-AS), and International Financial Reporting Standards. It will be useful for the students of management and accounting, as well as practicing managers. Salient Features: thoroughly up-to-date content as per The Indian Companies Act, 2013, Indian Accounting Standards (Ind-AS), International Financial Reporting Standards, outcome-based learning approach: well-defined learning objectives, chapter-end exercises and 100 real-life cases and illustrations in the book (with 25 New Cases) to explain the application of concepts.
