Bloomsbury's Guide to Understanding Financial Statements - Book By B.D. Chatterjee

Edition : 2nd (2024)

KEY FEATURES OF THE BOOK
The book assimilates the understanding of Financial Statements into the following sections:
SECTION I provides an overview of the following:
Financial Statements: An Introduction
Financial Statements – Contingencies, Events occurring after Balance Sheet date, Accounting policies, Accounting estimates and Errors
SECTION II discusses the building blocks of developing, presentation and interpretation of Financial Statements. These are as follows:
Fair Value Measurement – Its impact on Financial Statements
Operating Cycle
Shareholders funds
Non-current liabilities
Current liabilities
Non-current Assets
Current Assets
Statement of Profit and Loss and other Comprehensive Income
Statement of Cash Flows
Contingent Liabilities and Assets
Interim Financial Statements
Other Notes on Accounts
SECTION III highlights the application of Financial Statements as under:
Corporate Restructuring, including merger and acquisitions and demergers and internal reconstruction
Consolidated Financial Statements for group reporting purposes
SECTION IV addresses the analytics related to health and hygiene of the business, and these are
covered as under:
Business/Financial Analysis
Comparative Financial Statements
Common size Statements
Trend Ratios
Forecasting Techniques
Ratio Analysis
Return on Capital Employed including DuPont Analysis
Case studies related to Financial Health and Hygiene Analysis
Each chapter includes many examples and case studies primarily from the Author’s personal experiences