Finance for Non-Finance

Vishal Thakkar

Physical

In Circulation

We all know money and finance. We have learnt it over our journey called life with "transactions" becoming "learning experiences" of life. When it comes to money, there is no better way of learning rather than doing it yourself. But, at times, we miss the lessons provided by life and we tend to repeat our mistakes. Whether you like reading or not, this book will help you to pause, do a reality check and continue again in your wealth creation journey of life. It will help you reflect on the mistakes, we generally make, in our day to day lives with regards to money.

The entire wealth cycle of earning, saving, investing and enjoying wealth is covered in a very simple, day to day language in the book. Practical examples, dialogues with real people and experiences from shopping malls to movie theaters and cabs to airports are covered to put across a point. If you were to summarize this book in one line, it would be a "super self help guide to eliminating financial challenges in life". Go ahead and have a happy reading experience.

What will you learn from this book

  1. Understanding Financial Statements: Learning how to read and interpret financial statements such as balance sheets, income statements, and cash flow statements to assess a company's financial health.

  2. Basic Accounting Principles: Introduction to fundamental accounting concepts like debits and credits, accrual accounting, and understanding their impact on financial reporting.

  3. Cost Management: Explaining different cost structures, cost behaviors, and methods to manage and control costs effectively within an organization.

  4. Budgeting and Forecasting: Learning the process of creating budgets and forecasts, which are essential for planning and monitoring financial performance.

  5. Cash Flow Analysis: Understanding the importance of cash flow and managing working capital to ensure the smooth operation of a business.

  6. Financial Ratios and Analysis: Introduction to key financial ratios for evaluating performance, liquidity, profitability, and solvency of a company.

  7. Risk Management: Recognizing different financial risks (market risk, credit risk, operational risk) and strategies to mitigate these risks.

  8. Capital Budgeting and Investment Decisions: Understanding investment appraisal techniques such as Net Present Value (NPV) and Internal Rate of Return (IRR) to assess investment opportunities.

  9. Capital Structure and Financing: Explaining various sources of capital, the concept of leverage, and how different financing options impact a company's risk and returns.

  10. Communication and Collaboration: Emphasizing the importance of effective communication with finance teams, asking pertinent financial questions, and collaborating across departments for better decision-making.

Language English
ISBN-10 9384061212
ISBN-13 9789384061210
No of pages 312
Font Size Medium
Book Publisher TV 18 Broadcast Limited
Published Date 01 Jan 2015

About Author

Author : Vishal Thakkar

2 Books

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