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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, March 30, 2004

On Line University

What is the best mode of communication?

In the 1980's - it would have been the telephone. Thank You Mr. Alexander Graham Bell.

We have endless telecommunication advantages to date. Amongst them are the Internet, Mobile Telephony, Personal Computers to racktop servers, PDA's to Pen Drive's and last but not least Blogging!

We have a total of 6 Billion human beings on planet Earth to date. If everybody had a blog + (a yellow pages for blogs.)

Think of the possibilities?

Each blog would alternatively be your on IP address and registered on the Internet. There might not be a need for conventional telephones any longer.
A new Mr. Graham Bell Jr. might be in the making currently.

There have been talks of syncronising all our communications details to a single IP address.
For example, if my IP is 201.188.69.6 - my entire comms centre would be embedded onto a microchip with the IP address.

When inserted into a PDA and connected with 24-7 broadband networks - a new future phone has been invented.

Since PDA's today have multi access terminals to allow you to do everything from faxing to Internet IP editing - a new world would have been unlocked.

I do not mind if others profit from this superlative idea. I would be enthusiastic if there were more individuals involved in this line of technology. Bloggers unite. Technology realised.

ZARIQUE.

Posted by MZZ on Tuesday, March 30, 2004 at 06:16 AM in Bloggers |

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Comments

Edward

None of these forms of communication can beat the joy of writing n receiving a good old fashioned pen letter. Does anyone remember how happy they were to receive a letter? I wish ppl would make more effort..there u are Zarique...I finally managed to add a comment...

Posted by: Edward | Friday, April 23, 2004 at 05:08 AM

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