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Romancing the Balance Sheet for Anyone Who Owns, Runs or Manages a Business

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Romancing the Balance Sheet - For Anyone Who Owns, Runs or Manages a Business, authored by Anil Lamba, is an excellent guide for aspiring managers and businessmen with essential Finance and Accounting knowledge. Entrepreneurs, traders and managers of various businesses need to maintain impeccable balance sheet for profit and loss statements in their business. This book jus Romancing the Balance Sheet - For Anyone Who Owns, Runs or Manages a Business, authored by Anil Lamba, is an excellent guide for aspiring managers and businessmen with essential Finance and Accounting knowledge. Entrepreneurs, traders and managers of various businesses need to maintain impeccable balance sheet for profit and loss statements in their business. This book just comes in handy for those who are getting acquainted with this sort of work. Cash flow statement, basic Du Pont Analysis, Cost of Capital, Working Capital Management and Break Even Analysis are some of the other concepts that are discussed. The author explains these topics in lucid and simple language and with an engaging narration. About the Author Anil Lamba is an esteemed Indian Chartered Accountant. He has completed his degrees in Law and Commerce and has obtained a PhD in Taxation. He is the Director at Lamcon School of Management and Lamcon Finance and Management Services Pvt. Ltd. He has been a successful trainer on finance for aspirants from a non-finance background. He is also a prolific writer and has authored the book Figure out the World of Figures. A financial literary activist that he is, Anil Lamba has been writing to a lot of magazines, renowned newspapers and to various websites. His idea 'Finance Literacy for All' has been highly commended, which aims to spread finance literacy more widely than it is at present.


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Romancing the Balance Sheet - For Anyone Who Owns, Runs or Manages a Business, authored by Anil Lamba, is an excellent guide for aspiring managers and businessmen with essential Finance and Accounting knowledge. Entrepreneurs, traders and managers of various businesses need to maintain impeccable balance sheet for profit and loss statements in their business. This book jus Romancing the Balance Sheet - For Anyone Who Owns, Runs or Manages a Business, authored by Anil Lamba, is an excellent guide for aspiring managers and businessmen with essential Finance and Accounting knowledge. Entrepreneurs, traders and managers of various businesses need to maintain impeccable balance sheet for profit and loss statements in their business. This book just comes in handy for those who are getting acquainted with this sort of work. Cash flow statement, basic Du Pont Analysis, Cost of Capital, Working Capital Management and Break Even Analysis are some of the other concepts that are discussed. The author explains these topics in lucid and simple language and with an engaging narration. About the Author Anil Lamba is an esteemed Indian Chartered Accountant. He has completed his degrees in Law and Commerce and has obtained a PhD in Taxation. He is the Director at Lamcon School of Management and Lamcon Finance and Management Services Pvt. Ltd. He has been a successful trainer on finance for aspirants from a non-finance background. He is also a prolific writer and has authored the book Figure out the World of Figures. A financial literary activist that he is, Anil Lamba has been writing to a lot of magazines, renowned newspapers and to various websites. His idea 'Finance Literacy for All' has been highly commended, which aims to spread finance literacy more widely than it is at present.

30 review for Romancing the Balance Sheet for Anyone Who Owns, Runs or Manages a Business

  1. 4 out of 5

    JP Douma

    It's a good textbook that simply explains what the balance sheet is all about. Clearly written and for me a great book to refresh my memory.

  2. 5 out of 5

    Abhishek

    Out of many things that highlights a yawing gap between the industry practice and the education system, probably the most important is the Financial Literacy. The mystifying nature of finance while repulses an individual, on the other hand the life that people enjoy who have mastered the skill envies most. If there is a desire within an individual, the teacher shows itself. This book will not only change one's view about the finance, but also will bring a perspective towards life in such a way t Out of many things that highlights a yawing gap between the industry practice and the education system, probably the most important is the Financial Literacy. The mystifying nature of finance while repulses an individual, on the other hand the life that people enjoy who have mastered the skill envies most. If there is a desire within an individual, the teacher shows itself. This book will not only change one's view about the finance, but also will bring a perspective towards life in such a way that managing finance irrespective for a company or own business or personally would become an experience of a lifetime! Amazingly well written in a Jargon free manner which suits a person who wants to learn the finance. Although the setup is quite basic in nature, but its amazing how the basic grasp of the concepts then allows one to critically observe a lot of things. All in all, if you ever have thought, "I would love to learn finance, if only it was a little easy" This is the book for you!! Dr. Lamba #Respect!

  3. 5 out of 5

    Hrishikesh

    A beginner's book that is not technically very advanced - which is exactly what I wanted. Clear, crisp writing that cuts away at jargon (which is a euphemism for BS) and sticks to core concepts. A fun read that I thoroughly enjoyed. My sole complaint is that at in a couple of places, the book indulged in (what in my opinion were unnecessary) formulae.

  4. 4 out of 5

    Trilok Reddy

    the book does the justice to the title and i am impressed with the way things have been put in this book.

  5. 5 out of 5

    Goutham Jayaprakash

    This book will help anyone to jog their accounting learnt in school. Essential book for an owner of a business. Very simply written for everyone to understand.

  6. 5 out of 5

    Madhav

    This book is a terrific finance primer for a newbie. The presentation is illustrative and easy to follow, and all the exemplified concepts are simplistically understandable. It would be a good starting point for anyone who is interested in finance and wants to take up a career in the same in future.

  7. 4 out of 5

    Nadeem Shaikh

    Good book for those who think that finance is a tough morsel that one can swallow...nicely clearing the basic of accounting and finance terminology in a clear and lucid language...

  8. 4 out of 5

    Jeevan

    Good start for any beginner in search of a good book to understand Finances

  9. 4 out of 5

    Boney Antony

    This book was in my library for a long time. It's only once I started pursuing a foundation course is Human Resources, as part of which Finance was a graded subject with project work and assessments, that I actually started reading this book in earnest. Profit and Loss Statements, Balance Sheets, Cash Flow..etc were words that made me sweat and still do. Looking at those documents makes my head spin. 'Romancing the Balance Sheet' has made me appreciate some basic elements of Finance and, to some This book was in my library for a long time. It's only once I started pursuing a foundation course is Human Resources, as part of which Finance was a graded subject with project work and assessments, that I actually started reading this book in earnest. Profit and Loss Statements, Balance Sheets, Cash Flow..etc were words that made me sweat and still do. Looking at those documents makes my head spin. 'Romancing the Balance Sheet' has made me appreciate some basic elements of Finance and, to some extent, demystified it. After reading, I am actually looking forward to spending more time learning about Finance and being able to grapple with numbers with a bit more confidence. This was the first of many re-visits and re-reads. Thank you Anil Lamba for breaking it down as much as it seemed possible, and making it all interesting to a financially illiterate individual.

  10. 4 out of 5

    Kaustubh Ghanekar

    This book is a combination of Financial Accounting, Cost Accounting, Financial Management and tries to explain the financial essence of businesses in the background that one must be aware of. This book simplifies it too much to miss out important concepts. It does not discuss important balance sheet ratios, financial leverages as seen by financial management, and so many other topics. Maybe the author wants readers to subscribe to his other courses / books. Regardless, this book filled some knowl This book is a combination of Financial Accounting, Cost Accounting, Financial Management and tries to explain the financial essence of businesses in the background that one must be aware of. This book simplifies it too much to miss out important concepts. It does not discuss important balance sheet ratios, financial leverages as seen by financial management, and so many other topics. Maybe the author wants readers to subscribe to his other courses / books. Regardless, this book filled some knowledge gaps and there was definitely some value addition.

  11. 5 out of 5

    P. Sheelwant

    Romancing The Balance Sheets is as awesome read. Before I came across this book, I had no clear concept of what the Balance Sheet was. Once I read it, I knew what it was- a picture of all the assests and liabilities of a business enterprise frozen at a certain point of time. The author has made it look so simple; at first you donot believe it to be true. But it is. Even a layman can understand it.

  12. 5 out of 5

    Shrinidhi

    This book should be definitely read by everyone. The concepts are explained in a very simple and lucid manner. Those from the commerce background and aware of their basic concepts can skip the fist section , but do read the remaining sections for sure. The book helps to put the theories into practice.

  13. 5 out of 5

    Prashant Gupta

    Useful for everyone I hold a post graduate degree in business management, desire that i found the book extremely useful. All important concepts have been explained in the easiest way possible. This book should be a part of B school curriculum pre read. Recommending for everyone , whether or not you are in business à

  14. 5 out of 5

    Abhyv Jahan

    This book has been the most important text on finance for me. I run a manufacturing business and a startup. The simple writing style and Lamba's ingenuity in breaking down financial concepts into usable action points has been very helpful. I'd recommend this to anyone running or planning to run a business of any size.

  15. 4 out of 5

    Aditya Nema

    It is a great read. It tells you why finance is such an important field and it doesn't require a professional course to understand it. The book very well explains the fundamentals in the most simple manner. The work of the author should be really appreciated.

  16. 4 out of 5

    Shyam Sundar R

    A good book to understand the basics of financial statements Not all topics are covered but Recommended for beginners in the field of investing. Easy to understand language with good set of examples.

  17. 5 out of 5

    Vikash Prabhu

    This book is must read for everyone as it not only tells us the importance and knowledge of Balance sheet, it suggests to evaluate and judge the performance of business and take decisions. For rookies, we should keep this like a handbook while analysing the balance sheet.

  18. 4 out of 5

    Ronak Kadikar

    I just studied accounting to pass my MBA exams. Could never understand what different headers and tables meant. This book not only has taught me what i had missed back then but also kept me involved on knowing what is next. Superb book.

  19. 5 out of 5

    Rahul Śhakya

    Must read for those who want to learn finance in a layman's way ! (Decision making on basis of finance) What u get U can read balance sheets , P& L , fund flow statement , marginal costing . Which can help u in finance management & analysis !!! Must read !!!!! Really greet book ! Must read for those who want to learn finance in a layman's way ! (Decision making on basis of finance) What u get U can read balance sheets , P& L , fund flow statement , marginal costing . Which can help u in finance management & analysis !!! Must read !!!!! Really greet book !

  20. 4 out of 5

    Praful Lakhe

    A great starting point Excellent introductory material for beginners or people looking to refresh long lost concepts. Lucid writing style and not intidamting at all..

  21. 5 out of 5

    Chetan

    Intricacies of finance explained in layman's language. Its a must read for all businessman. In fact it should be made a textbook for all the entrepreneur training programmes.

  22. 4 out of 5

    Sandhya

    Everyone who thinks numbers are not their cup of tea should read this.

  23. 4 out of 5

    Chetan Samdadiya

    The book is excellent for a non commerce students to understand balance sheet and it's implications.

  24. 5 out of 5

    Monalisa Das

    For a newbie, who wants to start a business it's a great book to get a great idea.

  25. 4 out of 5

    Ashutosh

    An important read, especially if you are a business owner and not from a finance background.

  26. 5 out of 5

    Gautam Subramanian

    Make no mistake, this book could be of immense value even to people with accounting and finance background.

  27. 4 out of 5

    rakesh singh

    Amazing book, now financial literate 🙂 Simply explained and beautifully written.. Most easy way to learn how to read a balance sheet. Looking forward more the author

  28. 4 out of 5

    Murugan Manoj

    Highway to financial literacy.

  29. 4 out of 5

    Narayan Sanjeev

    Must read for learning finance in a quick and easily digestible manner

  30. 5 out of 5

    Gaurav Vimal

    I really love this book, this is very lil book yet contain lots of information what we need to know to run business and understand finance.i am learning investing and it been so usefull for me.

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