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.