Finance is key to every business organization 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

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 executive MBA programmes. It will benefit business executives, corporate heads, entrepreneurs, government officials, teachers, researchers and students of management and business besides those who deal with finance or financial matters in their daily lives.

part I|31 pages


chapter 1|8 pages

Business organisations

chapter 2|13 pages

Fundamentals of accounting

chapter 3|8 pages

Accounting principles

part II|78 pages

Financial statements and analysis

chapter 4|25 pages

Financial statements

chapter 5|51 pages

Financial analysis

part III|47 pages

Cost accounting and management

chapter 6|14 pages

Cost concepts and classification

chapter 7|13 pages


part IV|33 pages

Financial system

chapter 9|14 pages

Financial markets

chapter 10|7 pages

Mutual funds

chapter 11|10 pages

Forex market

part V|107 pages

Financial management

chapter 12|5 pages

Nature of financial management

chapter 13|12 pages

Capital budgeting

Concept and application

chapter 14|6 pages

Time value of money

chapter 15|8 pages

Estimation of cash flows

chapter 16|16 pages

Capital budgeting appraisal methods

chapter 17|10 pages

Cost of capital

chapter 18|14 pages

Capital structure planning

chapter 19|18 pages

Working capital management

chapter 20|16 pages

Dividend policy

part VI|22 pages

Value-based management

chapter 21|9 pages

Economic value added

chapter 22|11 pages

Human resource valuation

part VII|24 pages

Strategic finance

chapter 23|11 pages

Mergers and acquisitions

chapter 24|11 pages

Corporate governance