Sandeep Goel

This book introduces, explains and demystifies essential ideas of cost accounting to those who do not have any financial background or training. Lucid and comprehensive, it delineates the cost application of business organizations and corporates and offers an overview of cost control and management in the global context. The volume: Discusses fundamental concepts and the application of cost accounting and control; Contains effective tools for cost ascertainment, analysis, control, monitoring, and resource allocation; Surveys global corporate practices and recent trends in the domain of cost management and decision-making. A guide to building cost proficiency and acumen, this book will be a useful resource for business managers and management students, as well as those who deal with cost or financial matters in their daily lives. It will be indispensable for executive and management development programmes (EDPs & MDPs). It is thoroughly updated to reflect the current global trends and real-world cases in the domain of costing, supplemented with a range of learning aids, including figures, tables, and illustrations.

This book introduces, explains and demystifies essential ideas of cost accounting to those who do not have any financial background or training. Lucid and comprehensive, it delineates the cost application of business organizations and corporates and offers an overview of cost control and management in the global context. The volume: Discusses fundamental concepts and the application of cost accounting and control; Contains effective tools for cost ascertainment, analysis, control, monitoring, and resource allocation; Surveys global corporate practices and recent trends in the domain of cost management and decision-making. A guide to building cost proficiency and acumen, this book will be a useful resource for business managers and management students, as well as those who deal with cost or financial matters in their daily lives. It will be indispensable for executive and management development programmes (EDPs & MDPs). It is thoroughly updated to reflect the current global trends and real-world cases in the domain of costing, supplemented with a range of learning aids, including figures, tables, and illustrations.

This book presents and investigates the potential and inherent fraud threats to an organization. It helps develop a program to detect and prevent them by way of a fraud risk management system. The author analyses global corporate explosions and experiences through implementation of fraud management techniques for future learnings. The case studies comprise the likes of Enron, WorldCom, Parmalat, Satyam, Lehman Brothers, the IL&FS and the recent Silicon Valley Bank. The volume covers the following: Fraud Risk Assessment Fraud Detection & Prevention Fraud Risk Governance Fraud Resistance System Thoroughly updated to reflect contemporary global trends and real-world corporate cases, the book will be indispensable to Individuals, corporate executives, and management students. It will also be a useful tool for executive and management development programs (EDPs and MDPs). Financial professionals and anyone looking for a quick refresher on corporate frauds and governance will find it a worthy resource.

This book presents and investigates the potential and inherent fraud threats to an organization. It helps develop a program to detect and prevent them by way of a fraud risk management system. The author analyses global corporate explosions and experiences through implementation of fraud management techniques for future learnings. The case studies comprise the likes of Enron, WorldCom, Parmalat, Satyam, Lehman Brothers, the IL&FS and the recent Silicon Valley Bank. The volume covers the following: Fraud Risk Assessment Fraud Detection & Prevention Fraud Risk Governance Fraud Resistance System Thoroughly updated to reflect contemporary global trends and real-world corporate cases, the book will be indispensable to Individuals, corporate executives, and management students. It will also be a useful tool for executive and management development programs (EDPs and MDPs). Financial professionals and anyone looking for a quick refresher on corporate frauds and governance will find it a worthy resource.

This volume demystifies the mechanics of financial shenanigans or earnings management (EM) in the interests of investors and other stakeholders who are affected by corporate fiascos. It brings extensive real-world experience of forensic accounting and analytics capabilities to examine "financial hazards," how they inevitably result in financial and corporate blowups and what lessons we can draw from them, such as those of Enron, WorldCom, Satyam Computers, Kingfisher Airlines, Lehman Brothers, and of late IL&FS, Silicon Valley Bank (SVB) and many more. The book decodes: · The nuances and intricacies of forensic accounting; · Revenue, expense and assets manipulation; · Identification of “red flags” and quantitative analysis; · Fraud prevention mechanics. Richly illustrated with tables, figures and learning tools, this volume will be indispensable for individuals, business managers, and management students pursuing courses related to forensic accounting, financial shenanigans and financial ethics. It will also be an important resource for executive and management development programmes (EDPs & MDPs) as well professionals, corporates, entrepreneurs, government officials, academicians, and researchers looking for a quick refresher on financial manipulations.

This volume demystifies the mechanics of financial shenanigans or earnings management (EM) in the interests of investors and other stakeholders who are affected by corporate fiascos. It brings extensive real-world experience of forensic accounting and analytics capabilities to examine "financial hazards," how they inevitably result in financial and corporate blowups and what lessons we can draw from them, such as those of Enron, WorldCom, Satyam Computers, Kingfisher Airlines, Lehman Brothers, and of late IL&FS, Silicon Valley Bank (SVB) and many more. The book decodes: · The nuances and intricacies of forensic accounting; · Revenue, expense and assets manipulation; · Identification of “red flags” and quantitative analysis; · Fraud prevention mechanics. Richly illustrated with tables, figures and learning tools, this volume will be indispensable for individuals, business managers, and management students pursuing courses related to forensic accounting, financial shenanigans and financial ethics. It will also be an important resource for executive and management development programmes (EDPs & MDPs) as well professionals, corporates, entrepreneurs, government officials, academicians, and researchers looking for a quick refresher on financial manipulations.

Finance is key to every business organisation and plays a vital role in the broader economic ecosystem. This book discusses the fundamentals of corporate finance and introduces and explains essential concepts of financial management. It delineates the financial workings of businesses in the global context. The volume: • Discusses fundamental concepts and practices of corporate finance; • Demystifies key financial decisions of a corporate - investment decision, financial decision, and dividend decision for shareholders’ wealth maximisation. • Highlights the importance of an efficient financial management in a corporate enterprise with relevant capital budgeting tools & working capital management techniques; and • Surveys global corporate practices, recent trends and developments in the domain of business finance. The author addresses the critical issues that a business can face beyond basic survival, about sound financial management, and can help a company grow and thrive. Presenting current global trends and real-world cases in finance and richly illustrated with tables, figures and learning tools, this volume will be indispensable for individuals, business managers, and management students pursuing courses related to corprate finance and financial management. It will also be an important resource for executive and management development programmes (EDPs & MDPs) as well professionals and individuals interested in a short refresher course on finance and financial matters.

Finance is key to every business organisation and plays a vital role in the broader economic ecosystem. This book discusses the fundamentals of corporate finance and introduces and explains essential concepts of financial management. It delineates the financial workings of businesses in the global context. The volume: • Discusses fundamental concepts and practices of corporate finance; • Demystifies key financial decisions of a corporate - investment decision, financial decision, and dividend decision for shareholders’ wealth maximisation. • Highlights the importance of an efficient financial management in a corporate enterprise with relevant capital budgeting tools & working capital management techniques; and • Surveys global corporate practices, recent trends and developments in the domain of business finance. The author addresses the critical issues that a business can face beyond basic survival, about sound financial management, and can help a company grow and thrive. Presenting current global trends and real-world cases in finance and richly illustrated with tables, figures and learning tools, this volume will be indispensable for individuals, business managers, and management students pursuing courses related to corprate finance and financial management. It will also be an important resource for executive and management development programmes (EDPs & MDPs) as well professionals and individuals interested in a short refresher course on finance and financial matters.

This book takes readers through the world of finance from a lay person’s perspective. It presents, clarifies, and illustrates the fundamental concepts of financial proficiency to all who don’t have prior knowledge of expertise in financial matters. The author further outlines the financial operations of business firms and individuals in a clear and accessible manner. The book: Discusses the fundamentals of finance and accounting; Provides an understanding of financial statements for managerial decision-making; Includes financial analysis for resource allocation and shareholders’ wealth maximization; Discusses management of finances and investments in day-to-day lives. Presenting current global trends and real-world cases in finance and richly illustrated with tables and figures, this volume will be indispensable for individuals, business managers, and management students pursuing courses related to financial accounting. It will also be an important resource for executive and management development programmes (EDPs & MDPs) as well professionals interested in a short refresher course on finance.

This book takes readers through the world of finance from a lay person’s perspective. It presents, clarifies, and illustrates the fundamental concepts of financial proficiency to all who don’t have prior knowledge of expertise in financial matters. The author further outlines the financial operations of business firms and individuals in a clear and accessible manner. The book: Discusses the fundamentals of finance and accounting; Provides an understanding of financial statements for managerial decision-making; Includes financial analysis for resource allocation and shareholders’ wealth maximization; Discusses management of finances and investments in day-to-day lives. Presenting current global trends and real-world cases in finance and richly illustrated with tables and figures, this volume will be indispensable for individuals, business managers, and management students pursuing courses related to financial accounting. It will also be an important resource for executive and management development programmes (EDPs & MDPs) as well professionals interested in a short refresher course on finance.

This book presents an up-to-date account of contemporary themes and topics in finance. It explores the world of finance from a fast changing and developing finance perspective. Lucid, accessible, yet comprehensive, the volume discusses: • Financial system with its constituents and instruments; • Recent trends and approaches in value-added and strategic management; • Current laws and legislations in the domain of taxation – direct and indirect; • Emerging concepts and practices of digital finance, known as “fintech.” Presenting current global trends and real-world cases in finance and richly illustrated with tables, figures and learning tools, this volume will be indispensable for individuals, business managers, and management students pursuing courses related to contemporary finance and financial management. It will also be an important resource for executive and management development programmes (EDPs & MDPs) as well professionals, corporates, entrepreneurs, government officials, academicians, as well as researchers.

This book presents an up-to-date account of contemporary themes and topics in finance. It explores the world of finance from a fast changing and developing finance perspective. Lucid, accessible, yet comprehensive, the volume discusses: • Financial system with its constituents and instruments; • Recent trends and approaches in value-added and strategic management; • Current laws and legislations in the domain of taxation – direct and indirect; • Emerging concepts and practices of digital finance, known as “fintech.” Presenting current global trends and real-world cases in finance and richly illustrated with tables, figures and learning tools, this volume will be indispensable for individuals, business managers, and management students pursuing courses related to contemporary finance and financial management. It will also be an important resource for executive and management development programmes (EDPs & MDPs) as well professionals, corporates, entrepreneurs, government officials, academicians, as well as researchers.

This book makes sense of the finance world from a non-finance perspective. It introduces, explains and demystifies essential ideas of business finance to those who do not have a financial background or training. The book delineates the financial workings of businesses and offers an overview of financial management in a global context. The volume:Discusses fundamental concepts and applications of accounting and finance at the global levelContains effective tools for financial analysis, communication, monitoring and resource allocationProvides important instructional aids such as figures, tables, illustrations and real-world corporate case studies to facilitate learningIs concise in form yet comprehensive in content, delivering in-depth coverage of the five key constituents and entire gamut of the finance domain – financial accounting, cost accounting, financial management, financial markets and tax planning Is thoroughly updated with the latest concepts, international corporate practices, recent trends and current data with a vivid visual impact for a pleasurable reading and learning experience.Lucid, accessible and comprehensive, this third edition is a revised version in accordance with the current finance laws, practices and data. A guide to building financial acumen and literacy, it will be a useful resource for executive and management development programmes (EDPs & MDPs) oriented towards business managers and management students, including MBA programmes, and allied disciplines of commerce, finance, economics and others. It will also benefit business executives, corporate heads, entrepreneurs, government officials, academicians of business and allied disciplines, as well as those who deal with finance or financial matters in their daily lives.

This book makes sense of the finance world from a non-finance perspective. It introduces, explains and demystifies essential ideas of business finance to those who do not have a financial background or training. The book delineates the financial workings of businesses and offers an overview of financial management in a global context. The volume:Discusses fundamental concepts and applications of accounting and finance at the global levelContains effective tools for financial analysis, communication, monitoring and resource allocationProvides important instructional aids such as figures, tables, illustrations and real-world corporate case studies to facilitate learningIs concise in form yet comprehensive in content, delivering in-depth coverage of the five key constituents and entire gamut of the finance domain – financial accounting, cost accounting, financial management, financial markets and tax planning Is thoroughly updated with the latest concepts, international corporate practices, recent trends and current data with a vivid visual impact for a pleasurable reading and learning experience.Lucid, accessible and comprehensive, this third edition is a revised version in accordance with the current finance laws, practices and data. A guide to building financial acumen and literacy, it will be a useful resource for executive and management development programmes (EDPs & MDPs) oriented towards business managers and management students, including MBA programmes, and allied disciplines of commerce, finance, economics and others. It will also benefit business executives, corporate heads, entrepreneurs, government officials, academicians of business and allied disciplines, as well as those who deal with finance or financial matters in their daily lives.

Finance is key to every business organisation as well as outside. This book makes sense of the finance world from a non-finance perspective. It introduces, explains and demystifies essential ideas of business finance to those who do not have financial background or training. Lucid, accessible, yet comprehensive, the book delineates the financial workings of businesses and offers an overview of corporate finance in the global context. The volume: Contains effective tools for financial communication, monitoring, analysis and resource allocation; Provides important learning aids such as figures, tables, illustrations and case studies; Highlights fundamental concepts and applications of finance; Surveys global corporate practices, recent trends and current data. This updated second edition contains new sections on Tax Planning, including Income Tax and Goods and Services Tax in India. A guide to building financial acumen, this book will be a useful resource for executive and management development programmes (EDPs & MDPs) oriented towards business managers, including MBA programmes. It will benefit business executives, corporate heads, entrepreneurs, government officials, teachers, researchers, and students of management and business, as well as those who deal with finance or financial matters in their daily lives.

Finance is key to every business organisation as well as outside. This book makes sense of the finance world from a non-finance perspective. It introduces, explains and demystifies essential ideas of business finance to those who do not have financial background or training. Lucid, accessible, yet comprehensive, the book delineates the financial workings of businesses and offers an overview of corporate finance in the global context. The volume: Contains effective tools for financial communication, monitoring, analysis and resource allocation; Provides important learning aids such as figures, tables, illustrations and case studies; Highlights fundamental concepts and applications of finance; Surveys global corporate practices, recent trends and current data. This updated second edition contains new sections on Tax Planning, including Income Tax and Goods and Services Tax in India. A guide to building financial acumen, this book will be a useful resource for executive and management development programmes (EDPs & MDPs) oriented towards business managers, including MBA programmes. It will benefit business executives, corporate heads, entrepreneurs, government officials, teachers, researchers, and students of management and business, as well as those who deal with finance or financial matters in their daily lives.

During the last few years, India, with its strong financial system, has emerged as one of the fastest growing economies in the world. In view of the inevitable importance of financial system globally and in India, the present book is an attempt to provide an up-to-date overview of the Indian financial system and an elaborative discussion on its three wings: financial markets, institutions and services. Supported by various teaching aids including cases, projects and questions, this is a complete book on the subject which covers conventional as well as contemporary topics, besides cultivating a clear understanding of the basic concepts and practices of the constituents of financial system. Primarily designed for postgraduate and undergraduate students of management and allied disciplines of commerce and economics, it is equally useful to the business managers and corporate leaders who would like to be well versed with the basic concepts and mechanism of financial system for achieving professional and personal growth. KEY FEATURES:Covers, in-depth, three constituents of the Financial System in India—financial markets, financial institutions and financial services.Highlights emerging issues like barter exchange, governance rating and more.Current concepts, corporate practices, recent trends, and current data on the subject.Provides illustrations, tables, figures for a vivid visual impact and related concepts to real-life situations.Comprises graded pedagogy—MCQs, True/false, Fill in the blanks, Short answer questions, Critical thinking questions and discussion problems at the end of each chapter.Provides solutions to all MCQs in the respective chapters.Instructor’s manual and Learning Material for students are available at www.phindia.com/Books/LearningCentre.

Efficient financial management is the essence of business. This book analyses and evaluates core financial management practices of corporate enterprises in India across diverse sectors including realty, FMCG, pharmaceutical, automobile, IT, chemical and BPO sectors. It emphasizes the importance of the integrated process of capital investments, financing policy, working capital management and dividend distribution for shareholders for a developing economy as India. It further highlights the need for financial viability both in totality and segmental performance. The volume also offers a comparative study of the practices of the companies in different sectors to allow a better appreciation of the issues and challenges regarding management of finances. Rich in case studies, this book will be an indispensable resource for scholars, teachers and students of financial management, business economics as also corporate practitioners.

Efficient financial management is the essence of business. This book analyses and evaluates core financial management practices of corporate enterprises in India across diverse sectors including realty, FMCG, pharmaceutical, automobile, IT, chemical and BPO sectors. It emphasizes the importance of the integrated process of capital investments, financing policy, working capital management and dividend distribution for shareholders for a developing economy as India. It further highlights the need for financial viability both in totality and segmental performance. The volume also offers a comparative study of the practices of the companies in different sectors to allow a better appreciation of the issues and challenges regarding management of finances. Rich in case studies, this book will be an indispensable resource for scholars, teachers and students of financial management, business economics as also corporate practitioners.