"It was a wonderful experience interacting with you and appreciate the way you have planned and executed the whole publication process within the agreed timelines.”
Subrat SaurabhAuthor of Kuch Woh Pal
Balance sheet analysis can reveal lot of important information about the company. A user of balance sheet if interpret the figures correctly can safeguard his interests and protect himself against creative accounting practices.
· It is a snapshot of company’s assets, liabilities & equity on a given date.
· It is used by management, investors, bankers, & creditors rating agencies to understand the financial health of a company.
· It is the minimum requirement for availing credit facilities from banking system.
· Users can interpret balance sheet to know the liquidity & leverage position of a company.
· It is used by investors to compare with other companies and to find out stocks good for value investing.
· It enables the credit providers to ascertain proper utilization of funds by the company.
· It is used by regulators to ensure regulatory compliances.
· It is used by private equity investors, venture capital funds to ascertain value of a company and to acquire stake at appropriate price.
· It is used by top management to ascertain, if the company is moving in right direction or needs some course correction.
In this book, author has tried to elaborate basic structure of balance sheet along with classification of assets and liabilities of a company. The book provides commonly used tools for interpretation of balance sheet information for use by bankers and investors.
Raj Kumar Sharma, Purnima Sharma
Raj Kumar Sharma, a banker by profession and writer by choice, has experience in different segment of banking and finance. Grown up in a modest town of central India, Bhopal, Raj Kumar has completed his graduation from Bhopal University.
He got inspiration to write book's during his stint as a trainer in one of the prestigious training institute of a leading bank in India. The Eureka moment came when his work got recognition in competitions organized by National Institute of Bank Management-Pune & Indian Institute of Banking & Finance. He likes to write on both fiction and non-fiction topics.
His first book was a self-help book with the title " My Choice, My Life". In this book he has discussed the impact of the choices one makes in his day-to-day affairs.
Being a banker by profession, his second book was on a banking related topic that is "Ratio Analysis". This book in on the importance of key financial ratio and their uses.
His third book " Export Business-A Beginner's Guide" is a guide inspired by make in India initiative for young generation entrepreneurs & guide them to start their export business.
His fourth book “Destination-Beyond Frontiers” is a science fiction novel taking its readers to adventures journey into the unknown space.
