Description
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 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.Author: Bob Cinnamon, Brian Helweg-Larsen
Publisher: Kogan Page
Published: 05/28/2010
Pages: 176
Binding Type: Paperback
Weight: 0.60lbs
Size: 8.60h x 5.54w x 0.49d
ISBN13: 9780749460204
ISBN10: 0749460202
BISAC Categories:
- Business & Economics | Corporate Finance | General
- Business & Economics | Accounting | Financial
- Business & Economics | Careers | General