Publication Date: January 12, 2006 ISBN-10: 1591397642 ISBN-13 :978-1591397649 Edition: 1
Financial data used by the company management, resource allocation, and run their own departments. But many managers can not read a balance sheet, liquidity ratios do not recognize and do not know how to calculate the rate of return on investment. To make matters worse, they do not have any idea, from these figures they really are reliable. In Financial Intelligence, Karen Berman and Joe Knight teach the basic knowledge of finance – but with a twist. They believe that the financial report, is a science but also an art. Because nobody can quantify everything, accountants always rely on estimates, assumptions and judgments. Savvy managers need to know how possible deviations from these sources may affect the financial position of the figures, can sometimes challenge. A deep understanding of the financial aspects of the business, while providing the basis for the book also arms managers practical strategies to improve the performance of the company – strategy, such as “balance sheet management, a good understanding of financial professionals, but it is less shared with their non-financial colleagues. disabled, jargon-free, full of interesting stories, real companies, financial Intelligence to non-financial managers, financial knowledge and confidence for their day-to-day work. Karen Beth Man and Joe Knight, owners of the Los Angeles Business literacy Institute and trained tens of thousands of managers at many leading organizations. wrote a few of the popular management books co-author John
