Accounting Principles: The Most Effective and Advanced Strategies for Accounting Principles

• Category: Business
• ISBN: 1713452227
• Views: 26
• Posted on: 11/09/2021 21:24

Chapter 3 looks at Accounting Principles in detail and the various underlying concepts within each Accounting Principle.

Chapter 4 highlights Strategic Accounting Principles to be utilized to evaluate financial performance. This explains the Core Model and some useful ratios that help to quantify the analysis of financial position and performances.

Chapter 5 looks into details of weighing financial performance specifically from income statements. It focuses on aspects like depreciation, amortization, cost of inventories and how they can be represented to enhance financial position. This chapter also focuses on bad debt and how this can be represented to balance income statements and the statement of the financial position.

Chapter 6 focuses in detail on the Statement of Cash Flow and functions of working capital for effective accounting. It discusses how cash flow is important for a business and how it has to be managed. It also extends to how cash is obtained and managed.

Chapter 7 looks at cost investment decision and how various accounting techniques can be used to derive at investment appraisal decisions. This chapter further explains how other qualitative aspects needs to be taken into account when deciding on projects. It discusses the Investment Appraisal Model and Time Value for Money Concept. It further shows how discounting, Net Present Value (NPV) and Internal Return on Investment (IRR) can be calculated and the complications of solely depending on financial analysis to draw project decisions.

Chapter 8 details the Shareholders in Accounting standards and the strategies to evaluate profit for shareholders. It dwells into alternative stock market ratios and describes how these can be used to evaluate the value for shareholders.