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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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Wednesday, October 13, 2004

Body Transformation

Heylo to the world wide web. I can't get over this body ache of mind. Can't even stretch my arms and legs straight.

It'll probably dissapear within a day or too.

I had some good fun on Monday evening. Too bad next Monday is already Ramadhan.

To the contrary, Ramadhan begins on Friday. Hip hip hoorah.

Don't get me wrong, I think its the best month of the whole year. Encourages us humans to do the greater good. Timetables need changing though.

Got my Hari Raya costume all set up today.

How many of you will be wearing our 'costumes' on day one?

Cheerio,
Zarique

Posted by MZZ on Wednesday, October 13, 2004 at 01:22 PM in Current Affairs |

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Comments

Yam

Zarique,
Selamat Berpuasa! :)

I wouldn't call it a costume since I do wear kebaya to work once in a blue moon :P

Posted by: Yam | Friday, October 15, 2004 at 04:10 AM

MzMin

*Raised eyebrows* Good fun on Monday evening? Sore arms and legs? Sounds like someone's been at 'it'. What it means, I shall leave to your own interpretation :)

Posted by: MzMin | Friday, October 15, 2004 at 12:21 AM

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