Prof. Bhattacharyya keeps the book simple and yet clearly articulates concepts, to make it easy for students to understand the subject at hand. The book has been written keeping in mind the students from diverse backgrounds, helping them to begin and strive with confidence on their journey into financial and management accounting. Each chapter is well laid out with clear-cut explanations, carefully avoiding heavy jargons. Each of the chapters come with their range of financial statements of listed companies, illustrations and requirements (problems), which students have to understand and find solutions to. Key concepts, terms and self-test questions are sprinkled throughout in all the ten chapters, providing students with the most practical questions to grasp what they have read. Chapter-end assignments are very comprehensive. They will help consolidate the learnings and practice the concepts. Learning accounting requires practice. Hence, sufficient questions and problems have been included as review questions and assignments. Solutions to review problems have also been provided. Focus is on variety rather than numbers. Chapter-end assignments are divided into six sections - conceptual understanding, critical thinking and situation analysis, decision-making, holistic business acuity, ethical issues and problem solving. Few questions are included in sections other than conceptual understanding and problem solving, which instructors can discuss in the class or provide as assignments to enable students to appreciate the linkages between financial accounting and other business functions and ethical issues in decision-making.
Title
First Course In Financial Accounting : For Business Managers