This book serves as a Basic Reference Book for: vJunior and Middle Level Management Employees struggling with dealing of financial information as they do not have sufficient prior knowledge about the subject;vStudents who are studying accounting as a non-specialist subject, for example, after engineering course; andvStudents who are embarking on a course of study to become a Professional Accountant will also find this book to be beneficial for them.vIndividuals keen to have In-Depth Technical Knowledge of Accounting.Key Features of the book include: vEach chapter of this book Starts with The Very Basics of Accounting and Builds Concepts In Step By Step Manner. Thus, even if the reader does not have any prior knowledge of the subject, he/she will be able to thoroughly understand the concepts and apply it in practical situations;vConcise knowledge of topics in easy-to-understand language;vFocus on the Basic Principles and Understanding of Financial Statements;vProvides thorough understanding of Business, Transaction, Event & Accounting Concepts;vImparts Complete Understanding of Relationship Between Accounting with Other Disciplines;vSpecial Focus on common terms used in accounting such as Consignment, Joint Venture, Sale On Approval or Return, Royalty, etc.This book is the outcome of the Author's passion, more than 25+ years of experience of serving at Senior Management Level in various segments (BANKING, RETAIL SECTOR, TELECOM, CONSULTANCY), and his interactions with senior finance and non-finance professionals working in other organizations.