The book covers all the basic topics of the financial accounting very comprehensively. Analysis and interpretation of the financial statements have been given due importance in the book. The topics have been explained in a very simple language so easy to grasp the concepts behind it. It is a must read book for MBA Graduates, accounting degree students and basic accounting learners.
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The main purpose of financial accounting is to prepare financial reports. financial accounting is very important to businesses..and it is mostly known as accrual-based accounting..
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Yes, you are right, Financial accounting has its own mechanics
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