Accounting and Financial Fundamentals For Nonfinancial Executives
- 3h 21m
- Allen Sweeny, Robert Rachlin
- AMACOM
- 1996
Balance sheets and income statements. Accruals. Inventory valuation. ROI. Cash flows. Cost control. Investment analysis. Basic accounting principles and tools such as these are essential for measuring and maintaining the financial health of every organization. Yet plenty of executives and businesspeople are befuddled and intimidated by the crucial art of "number crunching."
If this describes YOU, take heart. Accounting and Financial Fundamentals for NonFinancial Executives supplies a quick and painless way to rectify the problem. Prepared by two financial experts who possess a special talent for demystifying the accounting process and the financial fundamentals, this nuts-and-bolts primer is easy to read, thorough yet succinct, and focused on showing you how to actually apply financial data in the day-to-day operation of a company. You'll learn how to:
- Pinpoint products or sales regions that are most profitable
- Anticipate the rate of return from a capital investment
- Make internal management reports more useful
- Determine what kind of standard costing system will work best
- Read financial statements and analyze new opportunities
- Prepare a statement of cash flows, and much more
About the Authors
Robert Rachlin, President of Robert Rachlin Associates, is an internationally known author, lecturer, and consultant in the area of financial management. He serves as Assistant Dean for Business Studies at Hofstra University and has previously served as vice president of several companies in planning and budgeting capacities. He is the author of The Handbook of Budgeting, Third Edition, Return on Investment Strategies for Decision-Making, and many other books.
Allen Sweeny is a former Senior Vice President and CFO of Del Monte Foods. He also served in a variety of financial, development, and general management positions for RJR Nabisco and Exxon in subsidiaries throughout the world. He is the author of the original edition of AMACOM's best-selling Accounting Fundamentals for Nonfinancial Executives and edited with Robert Rachlin the Handbook of Strategic Planning, Handbook of International Financial Management, The Handbook of Budgeting, and other books.
In this Book
-
The Dual Aspect Principle
-
The Accrual Concept
-
Other Basic Concepts
-
Accounting Conventions
-
Financial Photography: Balance Sheets and Income Statements
-
Special Accounting Problems
-
The Basic Accounting Process
-
Manufacturing and Merchandising Cost Essentials
-
Other Basic Cost Concepts and Their Applications
-
Fundamentals of Investment Analysis: Evaluating New Investments—Some Basic Considerations
-
Fundamentals of Investment Analysis: Evaluating New Investments—Present Value ROI Analysis
-
Fundamentals of Investment Analysis: Evaluating New Investments
-
Setting the Rate of Return
-
Fundamentals of Investment Analysis: Measuring Overall Business Performance Using ROI
-
Fundamentals of Financial Analysis: Balance Sheets and Income Statements
-
Understanding Cash Flows
