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Finance for Nonfinancial Managers 24 Lessons to Understand and Evaluate Financial Health

ISBN-10: 0071450904
ISBN-13: 9780071450904
Edition: 2005
Authors: Katherine Wagner
List price: $7.95
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Description: Finance for Non-financial Managers offers 24 lessons that explain the building blocks of financial statements, budgets, and audits The book offers the explanations in the context of how readers can use the information in a practical way. Readers  More...

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Book details

List price: $7.95
Copyright year: 2005
Publisher: McGraw-Hill Companies, The
Publication date: 11/22/2004
Binding: Paperback
Pages: 48
Size: 5.75" wide x 8.75" long x 0.25" tall
Weight: 0.550
Language: English

Finance for Non-financial Managers offers 24 lessons that explain the building blocks of financial statements, budgets, and audits The book offers the explanations in the context of how readers can use the information in a practical way. Readers get tips and insight into what to look for when reading financial statements, how businesses measure profitability, how to stay on top of the budgeting process, and how to track cash flow. The book will be augmented with pedagogical material on an MHPE web site.

Become finance savvy
Review basic terms
Don't assume
Understand the importance of timing
Understand what the auditor does
Learn where to go for answers
Learn the score
Look closer at the balance sheet
Read the entire income statement
Check the cash flow
Take a closer look at the footnotes
Determine if inventory is too high
Look at adjustments
Check revenue recognition
Analyze, analyze, analyze
Use key ratios
Why PPE is important
Find out more about goodwill
Prepare, prepare, prepare
Set realistic sales goals
Make judicious cuts
Track cash flow
Spot potential problems
Understand how sales affect costs
Select the right type of budget

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