Taxmann’s Balance Sheet Decoded by G.B Pipara – 4th Edition 2023

Description

This book aims to explain how to read, analyse and interlink the voluminous information available in the financial statement with the help of charts, case analysis, etc. In other words, this book provides an in-depth analysis, a stepwise approach using case analysis, to understand & decode the financial statements.

This book will be helpful to anyone analysing based on financial statements, i.e., bankers, CFOs, auditors, analysts, researchers, investigators, regulators, etc.

This book extensively deals with the following issues & suggests how they can be mitigated through proper analysis of financial statements:

• Laxity in credit risk appraisal and loan monitoring in banks
• Lack of appraisal skills for projects that need specialised skills, resulting in acceptance of inflated costs and aggressive projections
• Wilful default, loan fraud and corruption

This book has been divided into five parts:

• Statement of Profit & Loss
• Balance Sheet
• Connecting Statement
• Concept of Audit and Auditor’s Report
• Master Key