Key Features
• The entire text has been revised by the updates in standards and principles laid down in the International Financial Reporting Standards (IFRS) and consequently, the Indian Accounting Standards (Ind AS).
• The focus has been on simplification, rationalization, and strengthening of the subject matter in virtually all the chapters through the inclusion of many additional exercises, illustrations, case studies, etc.
• The book now contains 105 corporate cases against 76 in the previous edition. Of these, the majority pertain to MNCs as per the requirement of the curriculum.
• Chapters 4, 5, 14, and 24 have been recrafted and revised thoroughly.
• A new chapter on Corporate Financial Frauds (Chapter 22) has been added, covering a burning corporate governance issue.