The Essentials of Finance and Accounting for Nonfinancial Managers by Edward Fields

Product Description

Outside of the accounting and finance departments, not many business people are interested in the finer points of financial reports. But every manager must have a thorough understanding of what their finance and accounting staffs do, why they do it, and what these reports really mean.

This indispensable book demystifies the role that accounting and finance play in a corporation and demonstrates how financial decisions are manifestations of company goals. The author's crystal-clear examples show how managers can connect corporate financial information directly to their own strategies and actions. To demonstrate these connections, the author covers such essential topics as:

* Balance sheets and income/cash flow statements * Reading and understanding annual reports * Fixed-cost and variable-cost issues * Financial analysis, budgeting and forecasting.
Product Details
Amazon Sales Rank: #62952 in Books
Published on: 2002-05-15
Number of items: 1
Binding: Paperback
288 pages
Editorial Reviews

Book Info
Indispensable book demystifies the role that accounting and finance play in a corporation and demonstrates how financial decisions are manifestations of company goals. Essential topics include: Balance sheets, income/cash flow statements, fixed-cost and variable-cost issues and budgeting and forecasting. Softcover.

About the Author

Edward Fields (Old Bridge, NJ) has taught the American Management Association’s Essentials of Finance and Accounting for Nonfinancial Managers for over 20 years. He is a consultant on financial issues for many corporations.
Customer Reviews

If you want a basic intro ...
If you are looking for a book to introduce you to the basics of business including the jargon behind the numbers and where all the formulas come from before you plow into a true "finance and accounting text," search for "Business Basics Bestseller 1" and add it to your consideration. If you have never had this stuff 'splained' to you before, you will like it. This is not a suggestion that you substitute it for this text, just that you check it out as well.

The Essentials of Finance and Accounting for Nonfinancial Managers
Book was well written and speaks directly to someone who has never worked with the finances of a corporation.

How to understand the basics of a balance sheet
Edward Fields' Essentials Of Finance And Accounting For Nonfinancial Managers tells how to understand the basics of a balance sheet, income statement, cash flow statement and annual reports. Newcomers to reading company financials will appreciate the clear explanations on investment returns, analysis ratios, and other methods of understanding business reports.