Understand Business Finance

Fülszöveg

This book is for managers (and potential managers) who want a clear introduction to the essentials of business finance. The author assumes that the reader has no financial background and develops each stage of understanding from the primary propositions:
Firstly - if it were my money, where would I get it from and in which areas would I invest it?
Secondly — how would I measure, progress and control business success in financial terms?
To answer these questions, the reader is introduced to the three basic tools of business finance - the profit and loss account (which looks at the return), the balance sheet (which analyses the risk) and the cash flow forecast (which shows the requirements for ready cash). The return, the risk and the ready cash are the bases for all aspects of financial and management accounting.
The book is written in a clear and jargon-free style with practical examples used throughout. It is based on an approach to the subject that has been used successfully... Tovább

Fülszöveg

This book is for managers (and potential managers) who want a clear introduction to the essentials of business finance. The author assumes that the reader has no financial background and develops each stage of understanding from the primary propositions:
Firstly - if it were my money, where would I get it from and in which areas would I invest it?
Secondly — how would I measure, progress and control business success in financial terms?
To answer these questions, the reader is introduced to the three basic tools of business finance - the profit and loss account (which looks at the return), the balance sheet (which analyses the risk) and the cash flow forecast (which shows the requirements for ready cash). The return, the risk and the ready cash are the bases for all aspects of financial and management accounting.
The book is written in a clear and jargon-free style with practical examples used throughout. It is based on an approach to the subject that has been used successfully in organisations as diverse as British Steel, Virgin Group pic and the National Health Service.
Ernest Jones, FCA, FCCA, FCMA is Managing Director of Mobile Training Ltd, a company that specialises in financial training for managers within industry and commerce, which he formed some twelve years ago. His background includes practice as a chartered accountant, management consultancy and industrial and commercial management. In addition he has had extensive teaching experience, both in his own business and the public sector, where he led the team which initiated the first Honours Degree course in Accountancy in England and Wales. He is the author of several books and articles and originated the successful training videos The Balance Sheet Barrier and The Control of Working Capital. Vissza