Finance for Non-finance Managers- A Handbook

2nd Edition

De: Shahid Hussain Raja

Narrado por: Virtual Voice

Although written primarily for the middle management of a business firm, this handbook is equally useful for the senior executives belonging to the public or private sector or even Not for Profit Non-Governmental Organisations (NGOs). It is also meant for those who have read economics in their academic career but have forgotten the financial concepts and terms after they joined the service. As the business knowledge and experience are size neutral, those owning or working in SMEs will find it equally suitable and useful. After thoroughly reading this book, you should be able to understand and if needed, can explain the meaning of finance, its importance for the stability and growth of a firm, the fundamental business finance concepts and the jargon used in financial analysis and decision making.

Additionally, you will learn the three key financial statements and how to interpret and use the information to measure historical performance of your company to chart the future course of action. Last but not the least it will help you in understanding the importance of budgeting process and the role of business finance in formulating and implementing competitive strategy as well as the fundamental nature of costs, gross margin and break-even and how common pricing methods affect gross margin and profit