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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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Saturday, March 11, 2006

1980 to 2006

I grew up in the best era any man can ask for. Apart from things being simple, I benefitted from good parenting and great loving. There was nothing I could not have. Some might use the word spoilt, in essence - really fortunate.

There isn't a day that goes by which I do not thank Allah for. Health,longevity,peace and freedom.

I would love it if the same can be said about our fellow Muslims around the world. Many are being tortured and deprived of Maslow's basic needs. Many are being deprived of their Human Rights. Where is the peace for these Muslims?

A quote from Hadith ' The worst that is hated by Allah, is the killing of a Muslim man' - from my understanding.

The passing away of the world would mean less to Allah than the murder of a Muslim man.
(Tirmidhi, Nasai).
(Sayings of Muhammad. by Prof. Ghazi Ahmad).

May peace be with all of you wherever you are.

Zarique.

Posted by MZZ on Saturday, March 11, 2006 at 10:55 PM in Current Affairs, Religion |

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