Financial Accounting for Management: An Analytical Perspective, 5e, has been substantially revised to capture new provisions of statutory requirements. A greater emphasis has been laid on simplifying concepts and increasing the usefulness of the text for the students. This has been achieved by introducing new chapters, rewriting certain initial chapters, introducing simpler and smaller illustrations, and including new exercises in all the chapters.

Features
• A contemporary layout in 2-colors with new and contextual icons for each pedagogical feature
• Increase in the number of corporate cases from 38 to 53
• Updated subject matter in the light of statutory requirements, notably Schedule III of the new Companies Act 2013 prescribing a new format of vertical financial statements
• ‘Chapter 5: Vertical Financial Statement of Corporate Entities’ included for comprehensive understanding of the new vertical format of financial statements
• ‘Chapter 14: Corporate Financial Statements of Nestle India Ltd Along With Notes to Accounts and Significant Accounting Policies’ introduced for a thorough examination of Annual Report of Nestle India in the new format
• The Annual Report of Nestle India (for the year ending 31 December 2014) available at www.pearson.co.in/Gupta
• In chapters on financial analysis, illustrations and exercises of real-life companies replaced with their recent financial statements in the new format