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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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Friday, May 27, 2005

Amazing Comeback

4 years ago, I graduated from University of Manchester. Through all the years at school and supporting the team from the river Mersey, have always been a memorable experience.

We won the treble in 2001, FA Cup, League Cup and the UEFA Cup. I remember Manchester United winning the treble 2 years earlier including being Champions of Europe. It was a wild summer term as all of us were struggling to get through the next academic year whilst manic Manchester United fans scrambled to the streets of Manchester as hooligans would normally do. I remember getting bollocked for all the Liverpool games we watched and supported in Old Trafford. I remember being called names and badly abused by them Mancunian scumbags.

Who would have thought 4 years later, LIVERPOOL are the REAL Champions of Europe. With a 6 minute comeback after half time, 3 goals later - A penalty shoot out, and the title comes back to where it belongs. To the heart and soul of Liverpool supporters worldwide!!

Who needs toffees? when we can all have Turkish Delights!

You'll Certainly Never Walk Alone..

The astonishing Liverpool performance was so good that AC Milan supporters sang You'll Never Walk Alone in English and Italian. Talk about football spirit!

http://www.liverpool.com/audio/milan.wma

http://www.liverpool.com/audio/italian.wma

DZ.

Posted by MZZ on Friday, May 27, 2005 at 11:04 AM in Current Affairs | | Comments (0) | TrackBack (1)

Wednesday, May 04, 2005

Social Agendas 05-05-05

I returned from a rather superficial event tonight.  People expect a lot from others especially if there is a hidden agenda. You take what you want, that's the motto most should believe in. Do your best and you have nothing to worry about.

Being part of this social group unfortunately has more hidden agendas than usual. Toleration levels should really be raised to avoid short term dispute. People of this characteristic win in the long run.

Good Luck to you.

A very special sister of mine turns 22 today. May god bless her on this special day in life. It is known that dates such as today occur every 100 years.

Here's to a long and wealthy life.

Happy Birthday sistah!

DZ.

Posted by MZZ on Wednesday, May 04, 2005 at 06:01 PM in Current Affairs | | Comments (2) | TrackBack (0)