Financial Intelligence for IT Professionals: What You Really Need to Know About the Numbers

by Karen Berman, Joe Knight, John Case

As an IT manager, you're expected to make key decisions and recommend major investments. And that means understanding your decisions' financial impact on your company. But if you're like many information technology practitioners, you may feel uncomfortable incorporating the financials into your day-to-day work.

Using the groundbreaking formula they introduced in their book Financial A Manager's Guide to Knowing What the Numbers Really Mean, Karen Berman and Joe Knight present the essentials of finance specifically for IT experts.

Drawing on their work training tens of thousands of managers and employees at leading organizations worldwide, the authors illuminate the basics of financial management and measurement and provide hands-on activities for practicing what you are reading. You'll

· Why the assumptions behind financial data matter
· What your company's income statement, balance sheet, and cash flow statement reveal
· How to use ratios to assess your company's financial health
· How to calculate return on IT investments
· Ways to use financial information to support your company's business units and do your own job better
· How to instill financial intelligence throughout your team

Authoritative and accessible, Financial Intelligence for IT Professionals empowers you to "talk numbers" confidently with your boss, colleagues, and direct reports -- and understand how the financials affect your part of the business.

Genres: Business, Nonfiction, Management

296 pages, Paperback

First published April 7, 2008

Reviews

[Lauri · Rating 3 out of 5]

Lots of tap dancing around financial issues, but not a lot of delving into said issues. Apart from the definitions, I don't know that this provided a lot of insight into the world of finance.

[Krishnan · Rating 5 out of 5]

A really comprehensible and down to earth book that explains how company balance sheets and income statements work and the things to look out for in them. Should make it a must learn course for everyone in university.

[Ericko Marvin · Rating 5 out of 5]

The author is able to explain complicated numbers & their purpose within financial statements in a simple way. Would be a good book to start if one has little/no knowledge in financial analysis.

[Dale Applegate · Rating 3 out of 5]

Financial info for Dummies. A simple, quick primer. Too simple and too quick for my taste. Really a finacial bathroom book.