Finance & Accounting for Nonfinancial Managers

The Story

This comprehensive, easy-to-read primer on finance and accounting gives all managers in non-financial areas - sales, marketing, production, and more - a complete understanding of financial terms, statements, and ratios and how they affect the operations of a business or corporation. This timely follow-up to the bestselling first edition makes it easy for nonfinancial people to accurately read financial statements ... increase familiarity with key financial terms ... and sharpen financial decision-making skills. With this information, the nonfinancial manager will be able to understand owner's equity, ratio analysis, balance sheets, future profits, LIFO liquidations, asset valuation, cash flow statements, capital leasing, liabilities, present value, and operating leverage. For all nonfinancial professionals with budget and/or P&L responsibilities, this indispensible guide provides the basics necessary to make a solid contribution to the financial goals and success of their company.