BALANCE SHEET DECODED

by G.C. Pipara

In the present time the Banking Sector is under severe turmoil, as NPAs are mounting day by day; while there are numerous consultants & professionals working with the companies to deal with stress, there is hardly any intellectual & technical backing given by such experts to Bankers, Analysts,Auditors & Investors. This book helps understand the core basis of such ever evolving & creative techniques used by Corporates to project a rosy picture in an attempt to hide the true facts & figures. This book is a master guide, decoding the various tricks whereby the creative accounting practices are exposed & explained, thereby helping Bankers, Forensic Auditors, Analysts & Investors in bringing out the true state of affair of an entity, in a simplified step-by-step approach covering each aspect of the financial statements in detail with case studies & examples of how an entity moves from one financial statement to another, thereby empowering the reader with the knowledge to analyse not only the financials at hand but also training them to be a financial master, permanently. There are 5 keys, covering aspects of Balance Sheet, Profit & Loss Accounts, Significant Accounting Policies + Notes to Accounts + Significant Accounting Policies, Auditors Reports & Cash Flow Statements, thereby explaining in detail with multiple examples in a step-by-step manner each critical items with its evaluation criteria. This book, can & will help all Bankers, Forensic Auditors, Analysts and likes to detect Early Warning Signals & Red Flags in such entities, which would in turn be sufficient to safeguard the lenders / investors in time.

436 pages, Unknown Binding