2nd Edition

Finance for Non-Finance People

By Sandeep Goel Copyright 2019
    458 Pages 48 B/W Illustrations
    by Routledge India

    458 Pages 48 B/W Illustrations
    by Routledge India

    458 Pages 48 B/W Illustrations
    by Routledge India

    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.

    1. INTRODUCTION
    2. 1: Business Organisations

      2: Fundamentals of Accounting

      3: Accounting Principles

    3. FINANCIAL STATEMENTS AND ANALYSIS
    4. 4: Financial Statements

      5: Financial Analysis

    5. COST ACCOUNTING AND MANAGEMENT
    6. 6: Cost Concepts and Classification

      7: Budgeting

      8: Marginal Costing and Managerial Decision-making

    7. FINANCIAL SYSTEM
    8. 9: Financial Markets

      10: Mutual Funds

      11: Forex Market

    9. FINANCIAL MANAGEMENT
    10. 12: Nature of Financial Management

      13: Capital Budgeting: Concept and Application

      14: Time Value of Money

      15: Estimation of Cash Flows

      16: Capital Budgeting Appraisal Methods

      17: Cost of Capital

      18: Capital Structure Planning

      19: Working Capital Management

      20: Dividend Policy

    11. VALUE-BASED MANAGEMENT
    12. 21: Economic Value added

      22: Human Resource Valuation

    13. STRATEGIC FINANCE

              23: Mergers and Acquisitions

              24: Corporate Governance

        8. TAX PLANNING

             25: Direct Taxation: Income Tax

             26: Indirect Taxation: Goods and Services Tax

    Appendix I: Future/Compound Value Factor of a Lump Sum (FVIF/CVIF) of Re 1, FVIF (i,n).

    Appendix II: Future/Compound Value Factor of an Annuity (FVIFA/CVIFA) of Re 1, FVIFA (i,n).

    Appendix III: Present Value Factor of a Lump Sum (PVIF) of Re 1, PVIF (i,n)

    Appendix IV: Present Value Factor of an Annuity (PVIFA) of Re 1, PVIFA (I,n)

    Appendix V: List of Corporates and Business Organisations

    Biography

    Sandeep Goel is Associate Professor of Accounting and Finance at Management Development Institute (MDI) Gurgaon, India. He holds two doctorates, one in Finance; and another in Accounting from the Faculty of Management Studies, University of Delhi. He completed his bachelor's and master's degrees in commerce from Shri Ram College of Commerce, and the Department of Commerce, University of Delhi, respectively. He has over two decades of industry and academic experience across various organisations and institutions, including the Shri Ram Group, the University of Delhi and MDI. He is a management trainer and consultant to top business organisations and has conducted over 200 programmes dealing with financial skills and consultancy assignments on financial management, accounting application and corporate governance. His areas of teaching and research interests are financial reporting and analysis, corporate finance, forensic accounting and corporate governance. He has authored ten books, including Financial Management Practices in India (2016) and Financial Statements Analysis: Cases from Corporate India (2014), and over 75 articles in journals, as well as being the financial columnist for Purchase.