The Essentials of Finance and Accounting for Nonfinancial Managers

by Edward Fields

Based on the bestselling AMA seminar, a nuts-and-bolts guide to the dollars-and-cents issues that drive your organization! As a department manager, the last thing you want to think about is numbers. But the truth is, that’s the only thing your executives and senior managers are thinking about so it’s crucial to understand key financial information like balance sheets, income statements, cash flow statements, budgets and forecasts, and annual reports. With over 40,000 copies sold, The Essentials of Finance and Accounting for Nonfinancial Managers has long provided readers with insight into the financial fundamentals. It demystifies the role accounting and finance play in a corporation, demonstrates how financial decisions reflect business goals, and shows how managers can connect corporate financial information directly to their own strategies and actions. Now revised to reflect new accounting and financial standards, the second edition Strategies for getting your share of the budget • New case studies and practice sessions • An explanation of Sarbanes-Oxley and its relevance to nonfinancial managers • How to manage cash flow in tough times • Fraud detection tools • An expanded glossary including up-to-the-minute business concepts and terminology • And more

Genres: Business, Finance

292 pages, Paperback

First published May 15, 2002

About the author

Edward Fields (Old Bridge, NJ) has taught a popular AMA course on finance and accounting fundamentals for decades and consults with many multinational corporations of strategic and financial issues.

Reviews

[Todd · Rating 2 out of 5]

Basic, but good for the target market.

[Ashley]

Read for an MBA Financial Aspects of Contract Management class.
MBA 6750

[David Wen · Rating 4 out of 5]

Delivers as promised. Good quick summary of how to break down financial information but doesn't get bogged down in details. If you're looking for detailed information you obviously wouldn't be reading this book.

[Steph T · Rating 4 out of 5]

Certainly not a book to read for pleasure, however, it does contain a very thorough summary of key finance and accounting terms. For more detailed information you would obviously read other books.