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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, February 03, 2004

Mz Min

I started blogging a fair while ago. What prompted me to write?

Well, for starters it is a great pastime. Reviewing your life daily has never been easier.

I remember meeting this lady by the name 'as above' and she was responsible for introducing me to a new world of media and communication.

Short of obtaining an MSC in media and communication, the introduction of blogging as an academic subject is pretty intense.

I did not realise the power in media itself previously. Now, I am tuned towards the act of spreading media.

Everybody needs to be informed. Reading through newspapers via the internet is inadequate. Reviews by magazines such as FEER, Newsweek, Fortune and National Geographic are additions to what we can translate as better news? real news?

As blogging begins to roll itself into a gigantic thunderball spreading across the globe via the internet - this poses to be a new generation of news and information. A new kind of media, a new era of technological advantage for the media industry and last but not least, the best tool for informing friends and family about the various IT ongoings within our lives.

Blogging allows organisation of your thoughts and plans for the future.
You write what you want down, and follow through.

This entry today also goes out as a special thank you to the person entitled above.

ZARIQUE.

Posted by MZZ on Tuesday, February 03, 2004 at 11:39 AM in Bloggers | | Comments (0) | TrackBack (0)

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