Widely acclaimed by the press in its original edition How to read a balance sheet quickly became a popular training and self- development text, and has been translated into more than 20 languages. Almost four decades after its first publication, the second edition was published to cover recent developments in accountancy. This is the second Indian adaptation.
The basic programme-structure of the original ILO (second) edition has not been changed, but what have been extensively revised are the formats, classifications and treatments of various operating and financial variables of a business enterprise in terms of the Indian Companies Act, Income Tax Act and various usages and practices of banking and commercial circles.
How to read a balance sheet is ideal both for individual study and for workshops; it can be used with equal profit by those who are going on to do further work in accountancy or by those who simply what to understand the basic accounting concepts. The active participation of the reader at each stage in the skillful step-by-step presentation of the subject-matter ensures rapid and lasting results.
ILO
