The Essentials of Finance and Accounting for Nonfinancial Managers

This new edition of a business classic demystifies finance and accounting and gives managers the tools they need to make better decisions. Complete with fresh insights, case studies, and street-level exercises to help non-numbers people master the numbers game, this guide reveals how to: - Understand the fundamentals of financial analysis, budgeting, and forecasting - 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 The numbers are too important to allow others to translate for you. The Essentials of Finance and Accounting for Nonfinancial Managers shows you how to read them yourself. Imagine the impact on future decisions when you grasp not only what the numbers mean but can use that insight to drive your business forward.