Finance and Accounting for Non-Financial Managers, Third Edition
- 6h
- Eliot H. Sherman
- AMACOM
- 2011
Finance and Accounting for Nonfinancial Managers, Third Edition, introduces the reader to financial terminology, relates financial measures to operating information, enables the student to understand and apply financial measures to operating performance, and ties all of this to the current business environment. Today’s managers, whether supervisors or senior executives, are expected to understand and use financial and operational measures, prepare and utilize budgets, respond to inquiries about the financial consequences of actions taken by them or by their department or team, and understand and use financial and accounting terminology—the common language of business measurement. Written in a conversational, easy-to-understand tone, the course treats finance and accounting from the perspective of users of financial information—it enhances their ability to communicate effectively with subordinates, other managers, senior executives, and accounting and finance professionals. It offers managers the ability to use and analyze financial information to improve the performance of their operations and to identify—and avoid—potential problems. The third edition includes discussion of the continuing transition of financial reporting to an international standard as well as consideration of the effects on accounting and finance resulting from the Recession of 2007-2009. New sections on how to read an annual report and navigating the shifts in the marketplace are also included. This edition has been updated throughout to provide managers with the most current and complete information available.
Selected Learning Objectives
Participants will learn how to: Prepare budgets Read, understand, and use financial and operational measures Manage short-term assets Relate department performance to the big picture.
In this Book
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Introduction to Finance
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Introduction to Accounting
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Financial Analysis: Using Ratios
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Managing Operating Performance
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Managing Short-Term Assets
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Relating Risk and Return, Valuation, and Time Value of Money
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Capital Investment Decision Making
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Managing Long-Term Assets
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Managing Liabilities
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The Equity in the Business
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Financial Planning
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Corporate Governance and Financial Integrity
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Relating Departmental Performance to the Big Picture
