The book is written in simple language. But it requires very serious reading to capture the complex issues.
How to capture fundas from The Book
Try to answer the points to ponder while taking down notes, if possible, in the space provided. Then refer to the guidance given on the answers at the end of the book. Try to find out the difference in your thinking and the suggested answers, and try to understand why a particular suggestion is given in the answer.
The answer to the points to ponder, many a times leads you to the next topic. So it is advisable to think through to a point to ponder, before moving on to the next point in the same chapter.
Financefundas.com, the website now welcomes you. In the website, we have provided forums where you can raise additional points to ponder and get updates. You can thus enjoy the process of continuous learning cycle.
The deliberations on the website will be condensed and included in the next edition of this book.
Topics covered in the Book
- General Introduction
- Basics of Accounting
- Accounting Mechanics
- Some Important Aspects of Accountancy
- Accounting and the Companies Act
- Introduction to Costs
- Costing for Decision Making
- Analysis of Capital Expenditure
- Financing a Project
- Working Capital Management
- Analysis of Financial Statements
- Budgetary Control
- Some More Ponderings
About the Author
The book and the web site “financefundas.com” are conceived and created by Mr. Amal Dhru, a fellow member of The Institute of Chartered Accountants of India and an MBA from Indian Institute of Management, Ahmedabad (IIMA), with more than 25 years of professional experience. Academics has been his obsession and has been associated as Visiting Faculty in the Finance & Accounting Area of IIMA, and other business schools, for more than 20 years.
Besides running his own firms, M/s. Amal Datt & Associates, and M/s Comprehensive Financial Services, he has been the Director of State Bank of Saurashtra, a Public Representative of Securities & Exchange Board of India (SEBI) for issue allotments, & a regular contributor at seminars, conferences, and journals at national level. His professional experience ranges working for multinational corporations to SSIs, from designing accounting system to investigations, from financial structuring, mergers & acquisitions to revival of sick industrial units with active involvement.