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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, July 23, 2007

Pursuing the Truth.

As responsible citizens of the world, we should not listen to others words as gospel. The process of research and locating evidence to support our views and beliefs is critical to achieve the right balance in results.

We have painstakingly done our very best to achieve the goals in our lives. If such achievements are not to one's expectation, then there is no point pursuing the matter any further.

There is a saying that 'when you fight, you fight till the end'.

I have fought.

Along the past several months, the process of attaining skills and knowledge have been very fruitful.

My personal advice to other young people around the globe is not to forget your roots and have absolute belief in yourselves.

With this belief comes pure effort and with this effort comes success. This success is not measured by what is stated by a piece of paper.

Success is achieved when you have tried your very best.

Zarique.

Posted by MZZ on Monday, July 23, 2007 at 10:11 PM in Current Affairs | | Comments (0) | TrackBack (0)

Monday, July 02, 2007

Stranger than Fiction.

We choose to live in a world of happiness. The news media should not influence us to think what should be thought. Governments change all the time, human minds are independent.

As reponsible citizens of the world, we have to remind ourselves that the pursuit of knowledge is key to our sucess. No matter what the current government policy is or what it was just after 2001, the knowledgable know that a government campaign on public policy to protect public security is nothing new on political agendas. This has been exercised by many world leaders time and time again.

Ayat 52 of Suratul Furqan, states that the highest form of all Jihad comitted by pious muslims is to accept the revelation of the Quran.

There is no mention that Jihad is about self killing or causing hurt and serious harm to others.

It is shocking to see that there are real evidences of hell on earth as this has been broadcasted through the mainstream media. Flames of people burning by shouting the name of God is evidence of what hellfire shall be for the unbelievers whom continously rebel against the truth, evidences and facts that have been revealed over many generations.

We can only pray to Allah S.W.T that he forgives all of us for our sins and grants us mercy in the final hours.

Zarique.

Posted by MZZ on Monday, July 02, 2007 at 01:38 AM in Current Affairs | | Comments (1) | TrackBack (0)