The Essentials of Finance and Accounting for Nonfinancial Managers

Location & Checkout Length	Call Number	Checkout Length	Item Status
Downtown 2nd Floor 4-week checkout	658.15 Fi	4-week checkout	Due 04-02-2024
Malletts Adult Books 4-week checkout	Adult Book / Nonfiction / Business & Economics / General / Fields, Edward	4-week checkout	Due 04-03-2024

Understanding Financial Information. The balance sheet ; The income statement ; The statement of cash flows ; Generally accepted accounting principles : a review and update ; The annual report and other sources of incredibly valuable information -- Analysis of Financial Statements. Key financial ratios ; Using return on assets to measure profit centers ; Overhead allocations -- Decision Making for Improved Profitability. Analysis of business profitability ; Return on investment -- Additional financial information. Financing the business ; Business planning and the budget ; Final thoughts -- Appendices: Financial statement practice ; Finance and accounting terms ; Comprehensive case study : Paley Products, Inc. ; Ratio matching challenge ; Comprehensive case study : Woodbridge Manufacturing ; Comprehensive case study : Bensonhurst Brewery.
Based on the bestselling AMA seminar, a nuts and bolts guide to the dollars and cents issues that drive your organization! As a department manager, the last thing you want to think about is numbers. But the truth is, thats the only thing your executives and senior managers are thinking about so its crucial to understand key financial information like balance sheets, income statements, cash flow statements, budgets and forecasts, and annual reports. With over 40,000 copies sold, The Essentials of Finance and Accounting for Nonfinancial Managers has long provided readers with insight into the financial fundamentals. It demystifies the role accounting and finance play in a corporation, demonstrates how financial decisions reflect business goals, and shows how managers can connect corporate financial information directly to their own strategies and actions. Now revised to reflect new accounting and financial standards, the second edition includes: Strategies for getting your share of the budget; New case studies and practice sessions; An explanation of Sarbanes Oxley and its relevance to nonfinancial managers; How to manage cash flow in tough times; Fraud detection tools; An expanded glossary including up-to-the-minute business concepts and terminology and more--Provided by publisher.
"You can be a great manager responsible for a valuable department; but if you don't know how to analyze financial reports and use the data to guide decisions, you'll quickly hit a ceiling. Numbers are the language of key players in every organization. But how many managers really know how to read a balance sheet? How many grasp what all those figures can really tell you about your organization or unit's financial health? And how many can confidently talk about P & L statements, capital expenditures, EBITA, and discounted cash flow? Fortunately, you don't need an accounting degree to become fluent in the basics of financial analysis, budgeting, and forecasting. This third edition of a popular crash course for managers helps you make sense of financial data, assess performance, and channel efforts into the most promising areas. Packed with the latest information on federal regulations, pertinent GAAP rules, global trends that can impact the financial picture, expanded case studies, and new practices that reinforce the lessons and strengthen skills, this book explains how to: Interpret balance sheets, income/cash flow statements, and annual reports; sift through conflicting data to find the most relevant figures; locate key information about competitors and suppliers; analyze variances and calculate break-even points and other vital measures; assess return on assets to evaluate profit centers; conduct forecasting before launching big projects; spot "red flags" that might be lurking in the financials; and much more. When you know how to think like a financial analyst, you replace guesswork with hard facts. The Essentials of Finance and Accounting for Nonfinancial Managers will give you a clear, solid grounding in how to understand and apply financial data--and make decisions that drive your business forward"--Publisher's description.

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