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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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« February 2005 | Main | April 2005 »

Monday, March 28, 2005

Mrs. Right??

It doesnt take long for a 25 year old to figure what he wants from LIFE.

A full fling of relationships in the past have been successes and failures.

What I really would like now is to settle down. I will probably never find a lover more sweeter than you, close to me in every respect.

You are the only one I reflect upon and love so infinitely.

I know you so and we will make it through.

DZ.

Posted by MZZ on Monday, March 28, 2005 at 06:31 PM in Current Affairs | | Comments (1) | TrackBack (0)

Wednesday, March 09, 2005

Under Control - ascendancy assent

What would you rather do? Live life your way or live it as others see fit.

Sure, everybody works and builds on a daily basis. You progress in your career, accumulate long term assets and marriage.

What happens after? Is marriage a permenant disability or is it a move into the next stage of life. I bid the latter. Marriage can only mean that your ready to start the challenge. Life's very own.

Does this mean experiences before marriage are inconclusive and insignificant in nature? Abosolutely not. Everything counts - especially the negative factors.

People will say a lot of things. At the end of the day, its you whom make the decisions. It is you whom succeeds.

To conclude, what does it all mean?

D'you know what I mean'?

DZ.

Posted by MZZ on Wednesday, March 09, 2005 at 07:49 PM in Current Affairs | | Comments (0) | TrackBack (0)