IISGNII गुरुर ब्रह्मा गुरुर विष्णु गुरुर देवो महेश्वरः गुरुः साक्षात्परब्रह्मा तस्मै श्री गुरुवे नमः

FINANCE: A MANAGEMENT GUIDE FOR MANAGING COMPANY FUNDS AND PROFITS-------PHI

195.00 185.00

A "what" and "how" guide for managers who do not have a formal background in finance, this book equips them to perform their tasks more effectively and efficiently. It describes the application of concepts of finance in the decision-making of operating managers. The book follows a simple, non-technical language in explaining the concepts of finance.

The text is divided into three parts :

Part I on Financial Analysis deals with profit and loss statement, financial ratios and funds flow statement.

Part II on Cost Analysis is devoted to a discussion on the concepts of cost, utility of costs in decision making, and profit planning and control.

Part III on Funds Management explains the techniques of fund allocation, working capital management, and financial planning and policy.

This book is made reader-friendly by its lucid presentation of topics and by adopting a practical situational approach in solving problems. Besides practising operational managers, all those preparing for professional examinations would find this book to be of enormous help to them. The book is also suitable for students of business management.


Contents:
PART I_ FINANCIAL ANALYSIS: Why Learn Finance; Understanding Financial Position of the Firm: Balance Sheet and Profit and Loss Statement; Assessing Financial Health of the Firm: Financial Ratios; Analysing Liquidity of the Firm: Funds Flow Statement. PART II_COST ANALYSIS: Determining Product Costs: Cost Classification and Allocation; Analysing Firm's Costs, Volume and Profits: Variable Costing and Break-even Analysis; Planning and Controlling Costs: Standard Costing and Flexible Budgetary Approaches; Using Costs for Decision-making: Relevant Costs; Planning for Profits: Budgeting. PART III_FUNDS MANAGEMENT: Measuring the Value of Money: Present Value Concept; Evaluating Capital Investments: Investment Criteria; Determining Sources of Finance: Debt-Equity Mix and Retention of Earnings; Managing Liquidity: Working Capital Management; Managing Company Finance: Financial Planning and Policy. References. Appendix. Index.

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