This compact text presents the fundamental principles of accounting and finance using Excel® as a tool for preparing and analyzing Balance Sheets and Profit & Loss Statements. The book also helps in learning the basics of Excel® and different functions it provides to format financial statements.
The Third Edition of this book emphasises on accounting ratios that have been explained in detail by using the Balance Sheet of Ingersoll Rand India Ltd. for the year ending March 2014.
The author uses the Balance Sheet of Ingersoll Rand India Ltd. to help students relate accounting principles to real-life situations. The topics analyzed include day-to-day problems that managers encounter such as forecasting balance sheets, investments in stock markets, management of receivables and inventory, EMIs, cost of discounting schemes, and designing finance schemes to promote a new product.
The book is accompanied by a CD-ROM which includes 92nd Annual Report of Ingersoll Rand India Ltd. and the exhibits given in Chapters 4 to 6.
This updated edition will be useful primarily to postgraduate students pursuing courses in management and commerce disciplines. It will also be of immense help to the professionals indulged in model-building and developing a decision support system on Excel® worksheets.
The book is recommended by AICTE for PGDM course. The link is www.aicte-india.org/modelsyllabus.php