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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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Tuesday, January 20, 2004

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Comments

pickyin

your site now reminds me of sorbets in my freezer... lovely!!

Zarique

Anytime. You know my number.

an old friend

yay! so... when can we start? :p

Zarique

Thank You Old Friend.

Life is full of lessons.

Let us not despair and let bygones be bygones.

I look forward to our friendship in future.

ZARIQUE.

an old friend

just thought i'd let you know that your blog is looking very nice and cheery and i hope you feel exactly as ur blog.

sometimes friends make the worst of decisions. and sometimes they take the wrong actions too. this is a public apology to say that i have wronged you in many ways, my dear friend.

and though i've tried to patch things up, u do not seem to want to reciprocate either... even though i'm the one that is supposed to be hurt with you in the first place. i hope you have a good year and many great things going for you. you always do.

Zarique

Hey Zarina,

I liked your piece on The Reign of The King.

Your right, sticking round the pc is not that much fun. Beats work tho'.

I'll be looking forward to more doses of toastmasters..

And Blip!

Bright Ice Cream eh?

-peace-

ZARIQUE

blip

dude,

the new colour scheme is great, though it does remind me of Ice-cream though.

Zsarina

Wow Zarique...

Good to have you online again! And no Planet whomever this time....:-)

You have good rest over the hols....or maybe we can compete to see who blogs the most (Nah...don't think sticking around the PC is that much fun!)

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