Preface

Accounting has been a subject that runs in our veins; my grandfather was an astute accountant of his times and we were onto journals and ledgers since Class 3. After Chartered Accountancy and stints across Deloitte, ITC, Tata Steel, and Aditya Birla Group, I landed in IIM Ahmedabad in April 2014 for a one year full-time MBA. It is there that the book found its genesis. I wanted to create something for my friends who were ­coming from a non-finance background and were hit by the monster called Accountancy in the first semester.

This book aims to simplify things. It will take you from the basics and if all goes well, you shall be able to get a fair idea of financial statements by the time you reach the end.

“The proof of the pudding lies ...

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