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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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Monday, October 04, 2004

Beautiful Dreams

A few days ago I had a really nice dream.

The plot of the dream was with an old GirlFriend. The year was 1995.

You can't help dreaming of good lost relationships. Sometimes you just wonder what could have happened if certain choices were not made. Some of the best of years of my life reside between 1993-1995.

I was listening to Bon Jovi and wore loose baggy clothing. Was in love with a gymnast and we actually made it work.

I left for boarding school soon after the year ended in Peterborough, England.

Everything changed.

Letters were written countless times. We would usually get mail after lunch. Whenever I was anticipating her letters, I would be jumping with joy and checking the counter where mail was delivered all the time. I never told her how much those letters meant. Which probably led to us being apart.

I met her several times during and after graduation. Things were no longer the same.

We were not able to communicate as how we did in 1995. Real friends.

One things's for sure, Bon Jovi songs will always remind me of her.

Living on a prayer CLKM.

Love,
Zarique.

Posted by MZZ on Monday, October 04, 2004 at 02:03 PM in Current Affairs |

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Comments

Zsarina

Mmm...I love Bon Jovi songs too. And one never forgets their young loves.

Posted by: Zsarina | Sunday, October 10, 2004 at 11:41 AM

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