Financial Intelligence: A Manager's Guide to Knowing what the Numbers Really Mean
- ISBN-10
- 1591397642
- ISBN-13
- 9781591397649
- Series
- Financial Intelligence
- Category
- Business & Economics
- Pages
- 257
- Language
- English
- Published
- 2006
- Publisher
- Harvard Business Press
- Authors
- Karen Berman, Joe Knight, John Case
Description
Companies expect managers to use financial data to allocate resources and run their departments. But many managers can't read a balance sheet, wouldn't recognize a liquidity ratio, and don't know how to calculate return on investment. Worse, they don't have any idea where the numbers come from or how reliable they really are. In Financial Intelligence, Karen Berman and Joe Knight teach the basics of finance--but with a twist. Financial reporting, they argue, is as much art as science. Because nobody can quantify everything, accountants always rely on estimates, assumptions, and judgment calls. Savvy managers need to know how those sources of possible bias can affect the financials and that sometimes the numbers can be challenged. While providing the foundation for a deep understanding of the financial side of business, the book also arms managers with practical strategies for improving their companies' performance--strategies, such as "managing the balance sheet," that are well understood by financial professionals but rarely shared with their nonfinancial colleagues. Accessible, jargon-free, and filled with entertaining stories of real companies, Financial Intelligence gives nonfinancial managers the financial knowledge and confidence for their everyday work. Karen Berman and Joe Knight are the owners of the Los Angeles-based Business Literacy Institute and have trained tens of thousands of managers at many leading organizations. Co-author John Case has written several popular books on management.
Get the book
Other editions
-
- 2021-01-07
- 166 pages
- Paperback
- Independently Published
-
- 2018-04-19
- 76 pages
- Paperback
- Createspace Independent Publishing Platform
-
- 2013-07-14
- 188 pages
- Paperback
- Createspace Independent Pub
Similar books
-
Financial Intelligence, Revised Edition: A Manager's Guide to Knowing What the Numbers Really Mean
By Karen Berman, Joe KnightExplains what business numbers mean and why they matter, and addresses issues that have become more important in recent years, including questions about the financial crisis and accounting literacy.
-
Financial Intelligence for HR Professionals: What You Really Need to Know about the Numbers
By Karen Berman, Joe Knight, John CaseYou'll discover: · Why the assumptions behind financial data matter · What your company's income statement, balance sheet, and cash flow statement really reveal · How to use ratios to assess your company's financial health · How ...
-
Financial Intelligence Units: An Overview
By International Monetary FundOver the ensuing period, the number of FIUs has continued to increase, reaching 84 in 2003. This handbook responds to the need for information on FIUs.
-
Financial Intelligence from SmarterComics
By Karen Berman, Joe KnightDitch the dry numbers and allow the authors, through the story of Toms bike shop, to give you easy-to-understand pointers on assets, liabilities, income statements and other finance and accounting tools of the trade.
-
Fq: Financial Intelligence
By Henry a. Daas JrThe results were eye-opening and confirmed my suspicions.In this book, the reader will travel through every life stage from birth to death, exploring the myriad touch points affecting their financial life.
-
How Finance Works: The HBR Guide to Thinking Smart About the Numbers
By Mihir DesaiIn 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.
-
Leveraging Your Financial Intelligence: At the Intersection of Money, Health, and Happiness
By Doug Lennick, Roy Geer, Ryan Goulart27Sadie Nicholas, “Just a number: Meet the 97-year-old bodybuilder who refuses to retire,” Sunday Express online, http://www.express.co.uk/entertainment/books/762775/bodybuilderpensioner-retirement-age-just-number-book.
-
Cleanwealth Guide to Financial Intelligence: Faith and Money in 21St Century
By Dr. Omar FisherFisher, Mark and Allen, Marc, “How to Think like a Millionaire”, New World Library, Calif 1997 Fisher, Omar, ... Morris Kenneth, and Morris Virginia, “Guide to Planning Your Financial Future,” Wall St. Journal, Lightbulb Press and Dow ...
-
Financial Intelligence for IT Professionals: The Story of the Numbers
By Julie BonnerLearning this material takes repetition, application, and building the thinking processes necessary for effectiveness. Many think the challenge with finance is the math, but as this book will demonstrate, it is a conceptual problem.
-
Financial Planning, Budgeting, and Forecasting: Financial Intelligence Collection (7 Books)
By Karen Berman, Joe Knight, Harvard Business Review... first to see whether somebody was messing around with the revenue numbers. Unfortunately, it is all too common. Costs and Expenses No Hard-and-Fast Rules 7.