It has been discovered that users of financial information need a lot of information about a business entity for decision making. This book facilitates various ways of using financial statements to make decisions. This book explained financial statements and analysis of financial statements.

Profitability is very paramount to reasonable existence of every business organization. The main motive of every business is to make continuous profit. Any business that is characterized by losses is very vulnerable to liquidation. As a result of this, maximization of profit and minimization of cost should be given priority in every profit oriented business. This book has been designed and prepared to explain various ways of increasing business profit.

Double Entry Bookkeeping is the foundation of Financial Accounting. If a Person does not have proper understanding of Double Entry Bookkeeping, the person may find Financial Accounting difficult. As a result of this, principle of double entry bookkeeping has been well explained in this book. There are many questions and answers on double entry bookkeeping in this book as well.

Investments in capital projects to generate flow of future economic benefits require huge amount of capital and in order to invest wisely, capital expenditures should be adequately planned and controlled. Such investments include acquisition of equipment, land and building, and introduction of new products and so on. This book explains capital budgeting and investment appraisal techniques.

Cost of capital is very important to both the users of funds and the providers of funds. It is used by investors to determine the viability and profitability of their investments. Many investors and borrowers of funds do not know much about cost of capital. This is the reason this book has been written to demystify and explain clearly cost of capital.

This book demystifies adjustments for financial Statements. Various ways and illustrations on how to make every necessary adjustment to accounts are explained in this book.

It has been glaring that accounting students and business people are always confused with the appropriate use and calculation of depreciation, impairment and revaluation of assets. This book demystifies everything about depreciation of assets, impairment of assets and revaluation of assets. This book has been specially prepared for accounting students, business related students and business professionals.

Some peculiarities of non-profit oriented organization has made it to be different from profit-oriented organization. Non-profit accounting is well explained in this book.

Accounting ratio is a very useful tool for evaluating accounting figures and financial statements of a business entity. It is therefore, necessary to explain in details, types and uses of accounting ratios. This book explained in details, meaning, types, uses and calculation of accounting ratios.