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  • Karen Berman: Financial Intelligence: A Manager's Guide to Knowing What the Numbers Really Mean

    Karen Berman: Financial Intelligence: A Manager's Guide to Knowing What the Numbers Really Mean

  • Harvard University Press: Financial Intelligence
    CFO.com "It's like The Elements of Style of finance." Book Description Understanding the Financials—and What Lies Behind Them Managers in every business are expected to use financial data to make decisions, allocate resources, and budget expenses. But the truth is, many are uncomfortable applying the most basic financial tools in their day-to-day work. Even managers who consider themselves financially savvy may not understand what goes into a financial statement, and so may take the numbers as gospel when they should be questioning them. In Financial Intelligence, Karen Berman and Joe Knight present the essentials of finance, but with an extra dimension. Succinct, easy-to-read chapters teach the fundamentals in a way that everyone can understand and put to work right away. But the authors also take you behind the scenes, to show where the numbers come from. Since nobody can quantify everything, accountants and finance executives always rely on estimates, assumptions, and judgment calls, which can skew the numbers in one direction or another. This book helps you recognize and understand those biases, challenge or correct for them when necessary, and use this information to be a better manager. Based on their work training tens of thousands of managers and employees at many leading organizations, Berman and Knight provide readers with a deep understanding of: The basics of financial measurement: reading income statements, balance sheets, cash flow statements, and moreThe art of finance: separating hard data from assumptions and estimatesThe mechanics of analysis: calculating ratios, return on investment, and working capitalCash and profit: knowing the difference between them, and why cash is suddenly the "hot" number in corporate boardrooms and on Wall StreetFinancial literacy and transparency: recognizing how they can boost performance Accessible, jargon-free, and filled with entertaining stories from real companies, Financial Intelligence will help nonfinancial managers add substantially more to their companies’—and their own—success. If you have ever wanted to "talk numbers" confidently with your colleagues, this is the book for you. (*****)
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« Time | Main | Islands Apart »

Saturday, December 27, 2003

Ocean View

The view of the infinite ocean is as blue as the sky can be. The sun shines through with golden rays straight through a group of unhibited islands.

I see a few fishing boats resting from side to side. Most of which are waiting for the night to fall. Catching Octopusses perhaps. Waves are non existent. Currents seem very calm. However, the exercise of caution is always beneficial to all.

I wonder whether the view at top is similar to the bottom.

Perhaps an insight view of the underwaterworld might help. SCUBA gear is uprehended. The first dive unveals a world of beauty. Deep Blue Sea.

OXYGEN is not appreciated as we would like to believe. Once exposed to dry pressurised air, OXYGEN is bliss and missed.

Diving underwater may look as simple as one might imagine. Practical experience reveals another.

The clock strikes 6 and the view darkens. Islandic view starts to dissaray.
Infinite oceans starts to change colour. A new panoramic view is displayed.

Would this be the same when viewed on Plasma?

The answer this, I leave to all of you.

ZARIQUE.

Posted by MZZ on Saturday, December 27, 2003 at 10:50 AM in Travel |

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