Finance and Accounting for Nonfinancial Managers: All the Basics You Need to Know

by William G. Droms, Jay O. Wright

In the current environment of cut-throat competition, razor-thin profit margins, and increasing scrutiny from stakeholders, mastering the fundamentals of financial management is a must for everyone with a stake in their companies and in their own professional futures. Packed with step-by-step examples and illustrative case studies, and updated to reflect the latest trends in the economy and in financial policy, Finance and Accounting for Nonfinancial Managers is a nuts-and-bolts guide for managers, entrepreneurs, seasoned executives, teachers, and students alike. Featuring new commentary on corporate accountability, updated interactive templates, study questions, and an online instructor€™s guide, this new edition covers all the key aspects of financial management.

Genres: Business, Finance, Reference, Nonfiction

320 pages, Paperback

First published January 1, 1979

Reviews

[Brittany Blumberg · Rating 4 out of 5]

Very informational book, but the language is written for people already in the business world. It can be dense and difficult to understand at times.

[Charles · Rating 1 out of 5]

I was a financial manager for three years without formal financial education. This is hands down one of the worst informative management books I’ve read. Do not read. Much better off with YouTube videos for any topics covered in this book.

[Adri · Rating 5 out of 5]

good book

[Will West · Rating 3 out of 5]

It has a lot of information. It trys to give detail but fails... needing better explanation, better labelling, and step by step visuals for ever new piece of information. It tries to cover way to many items/topics which some only get a quarter or half a page leaving you more confused then before . It was a very hard read. You would have to know the subject before you read which defeats the purpose. THIS BOOK SHOULD BE USED AS A REFRESHER. To reference.

[Aamir Murtaza]

Best Book

[Alisa · Rating 2 out of 5]

Some of the drivel my then new boss suggested I read when I became a manager in a law firm. Painful. A subject that bores me to tears. Hey, I gave it the old college try.

[Richard Shulmistra · Rating 3 out of 5]

Good book for the basics. Does exactly what it says.

[Chanmali Liv · Rating 2 out of 5]

I find the section about ratio analysis along with the examples of financial statements in regards to industry standards quite helpful but I skipped through most of the topics.