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This book will help you to: Understand the financial and accounting reports used in business; Appreciate the financial implications of your decisions; Communicate meaningfully with your colleagues in the language of accounting and finance. Divided into five parts, this book covers the key areas of finance and accounting. Part One provides a firm grounding in financial statements, financial statement analysis, accounting mechanics, and financial forecasting; Part Two discusses the key concepts, tools, and systems of cost accounting, budgeting, managerial decision making, and strategic planning and management control; Part Three presents an overview of the financial system, dwells on the ideas of compounding and discounting, and introduces the basic risk-return tradeoff in finance; Part Four covers the key areas of financial management such as capital budgeting, financing strategy, sources of finance, and working capital management; Part Five explores certain special topics like mergers, acquisitions and restructuring, international finance, and value based management. Ind addition, it provides a primer on macroeconomics. With this coverage, this book will help non-finance professionals appreciate the nuances of accounting and finance-quintessential for professional and business success.