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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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« Jealousy are for losers. | Main | From Russia with love. »

Friday, October 12, 2007

Out with the old, In with the new.

Its truly innaugarating to be blessed. I praise the lord for giving me an oppurtunity to set the score to 0.

There are people in and out of family whom will continue to be overzealous in their efforts to control the nation. They are blind not to see that the nation we live in are getting smarter and more knowlegable each day.

It is now clear that those with expected skill sets and credibility should take over our forefathers role in this blessed life. Tunku and Tuanku sacrificed not money in the early days, they sacrificed their lives for the nation. They too knew that life was short and that eternity awaits us there.

Here's to a new year and Selamat Hari Raya to all.

Zarique.

Posted by DSS on Friday, October 12, 2007 at 05:10 PM in Current Affairs |

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