If you need to understand accounting jargon and to interpret your company's financial reports and accounts Finance for Non-Financial Managers strips away the mystery from finance and accountancy and opens the door to financial understanding.
Is this the right book for me?
The world of finance and accountancy can seem one of impenetrable mystery but it is one that many managers have to face in their day to day lives. With its comprehensive coverage of the subject, this book allows you not only to ask pertinent questions but also to understand the answers. Chapter by chapter, the workings of finance are mapped out and laid bare - the formal reports, the methods used to prepare the numbers and what accountants actually do every day.
This edition is fully updated to reflect current allowances, rates and regulations and further information. It also includes even more questions (with comprehensive answers) to challenge the reader's understanding.
Finance for Non-Financial Managers includes:
Chapter 1: The purpose of accounting
Chapter 2: Basic terminology
Chapter 3: Accounting concepts and principles
Chapter 4: The profit and loss account
Chapter 5: The balance sheet
Chapter 6: The cash flow statement
Chapter 7: Ratio analysis
Chapter 8: Users of financial information
Chapter 9: The general ledger
Chapter 10: Costing
Chapter 11: Standard costing
Chapter 12: Variance analysis Chapter 13: Two more things on costing
Chapter 14: The audit of annual accounts
Chapter 15: Tricks of the trade
Chapter 16: Financial information for managers
Chapter 17: Capital investment appraisal: experts only!
Chapter 18: Activities of an Accounts department
Chapter 19: Cash flow management
Chapter 20: Corporate financial planning
Chapter 21: Personal finance: income tax and national insurance
Chapter 22: Personal finance: investment
Chapter 23: Personal finance: capital gains tax and others
Learn effortlessly with a new easy-to-read page design and interactive features:
Not got much time?
One, five and ten-minute introductions to key principles to get you started.
Lots of instant help with common problems and quick tips for success, based on the author's many years of experience.
Tests in the book and online to keep track of your progress.
Extend your knowledge
Extra online articles to give you a richer understanding of the subject.
Five things to remember
Quick refreshers to help you remember the key facts.
Innovative exercises illustrate what you've learnt and how to use it.
Philip Ramsden BA, MBA, MA, FCMA has worked in accounting and systems development in various sectors of business. He has also written a number of financial books, including the first 4 editions of Teach Yourself Finance for non Financial Managers.