The modern marketplace is increasingly unpredictable and there is an ever-greater need for non-financial managers to understand the financial and management accounting process. How to Understand Business Finance is part of the bestselling Creating Success series published in association with the Sunday Times, which has been translated into 25 languages with over 500, 000 copies sold. This book is written for those managing a business in a real market. It provides a quick and effective course in financial literacy, aimed at the pursuit of business growth, in the context of the journey of a business from initial set-up through its first year of trading. As well as learning how to understand balance sheets and profit and loss accounts, readers will also learn the principles of: market dynamics; budgeting and forecasting; fixed and variable costs; break-even analysis; the difference between profit and cash; financial ratios for measuring business performance; investment appraisal; stock market ratios; shareholder value; financial measures for improving business performance, and much more. How to Understand Business Finance demystifies financial helps you to understand double entry bookkeeping, supply chain management, the difference in American and British accounting terminology, financial ratios for measuring business performance, common acronyms, and the real cash flow implications of working capital.
How To Understand Business Finance
In this edition an entirely new and carefully designed exhibit is used to visually illustrate the connecting links among the three key statements in a financial report (the balance sheet, the income statement and the cash flow statement).
In How Finance Works, Mihir Desai--a professor at Harvard Business School and author of The Wisdom of Finance--guides you into the complex but endlessly fascinating world of finance, demystifying it in the process.
Understanding Finance contains relevant information on how to: understand what the three basic financial statements and ratio analysis tell about a company's financial health; develop and track a budget; and assess an investment opportunity ...
Purely and simply, NAKED FINANCE provides the skills necessary to manage a profitable business.
Easy to follow, friendly, and conversational How to Talk Finance will help you get the low down on the numbers behind your business -what they are, what they mean and how you can use them to get ahead.
When you start a business, legal issues can seem complex, even scary. This simple guide helps you ask smart questions and get the right advice. Find out what practices will help you keep your legal matters clear and simple!
Intended for managers seeking an introduction to business finance, this text aims to cover the essentials of financial and management accounting in a way that has a clear finance theme linking return, risk and cash flow.
"I could have paid 10x the cost of this book and still considered it a bargain to get these lessons upfront.
Over the past decade or so, 140+ countries, including the UK, have signed up to using international accounting standards commonly referred to as IFRS or IAS (International Accounting Standards). There are currently around 40 ...