This book, now four-decade old, is designed to help readers develop a strong foundation in financial literacy, essential for both professional and business success. It equips them with the ability to interpret financial and accounting reports, understand the financial implications of their decisions, and communicate effectively with colleagues using the language of finance and accounting. Tailored for non-finance professionals, the book provides a clear and accessible introduction to core financial and accounting principles. Preparing and analyzing financial statements, conducting break-even analysis, accounting mechanics and forecasting are few of the many key topics covered in this book. With a focus to enhance one?s financial intelligence, this book will be useful for finance students and professionals, and participants of various executive development programmes related to finance.