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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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Tuesday, November 25, 2008

Happy Birthday to a very special 31 year old.

Its been almost a whole year since my last entry. I've been meaning to log in a post but have been saving it for today where a very special someone turns 31.

Undoubtedly it has proven to be a very difficult year indeed. In terms of unexpected events, 2008 has been full of them. I cannot begin to speak in words that would describe the most daunting experiences of my life when you have fought full on for what you believe in most.

These life experiences are priceless and I shall never forget what certain quarters are capable of planning and executing.

I owe it to myself to pull my life out of this godforsaking rut and back into the fast lane where everything made sense. June 25 2008 was a very dark day and has been the mark of my downfall since.

Almost 6 months down the line, my health is affected and my life is in dissaray. All that has been hoped remains to be seen.

All I can look forward to is knowing what I have gone through is real and that those closest to you can pose the worst threats unimaginable.

Happy Birthday ****


Love,

Zarique

Posted by DSS on Tuesday, November 25, 2008 at 07:26 PM | | Comments (0) | TrackBack (0)