Finance for non-financial managers

Today’s managers need to be more commercially aware more so than ever before. Even if they do not have to manage budgets or finances themselves as part of their role they still need to understand about the financials of a company, what it all means and the impact of their actions on the bottom line.

In this textbook you’ll receive a thorough grounding that explains what all of the financial statements of a company means from a “non finance” point of view. Explained in easy to understand language, you will soon gain a great insight into the finance aspects of a company even if you have no direct input into the financials yourself.

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www.m-t-d.co.uk

Preface

1. Introduction
1.1 Understanding Finance Basics
1.2 Three Basic Finance Principles
1.3 Basic Finance Terms
1.4 Overview of the Ebook

2. Financial Information Every Organization Needs
2.1 Introduction
2.2 Bookkeping (Accounting)
2.3 Chart of Accounts
2.4 The General Journal (Original Book of Entry)
2.5 The General Ledger

3. Balance Sheet
3.1 Introduction
3.2 What a Balance Sheet Tells You
3.3 What the Balance Sheet Doesn’t Tell You

4. The Income Statement
4.1 Introduction
4.2 Elements of the Income Statement
4.3 What an Income Statement Tells You
4.4 What an Income Statement Does Not Tell You

5. Cash Flow Statement
5.1 Introduction
5.2 Cash Flow Categories
5.3 Preparing the Cash Flow Statement

6. Understanding Budgets
6.1 Introduction
6.2 Approaches to Budgeting
6.3 Reading the Budget

7. Pricing
7.1 Introduction
7.2 How Important is Price?
7.3 Demand for the Product or Service
7.4 Your Environment
7.5 Pricing Strategies

8. Applying Your Knowledge
8.1 Introduction
8.2 Defining Your Reasons
8.3 Background
8.4 Objectives
8.5 Scope of Operations
8.6 Operational Constraints
8.7 Understanding Risk

9. References