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Understanding the Financial Score
About this book
Financial statements and information drawn from them confront us daily: in the media, in corporate annual reports, in the treasurer's reports for clubs or religious groups, in documents provided to employees and managers, as one considers alternative investments, in documents provided by homeowners' association and government agencies
Various readers of a company's "financial score" make decisions based on financial information: the company's managers devise actions to improve operations; investors buy or sell the corporation's securities; creditors decide how much to lend; customers judge the reliability of this supplier; potential employees decide whether to invest their careers in the company.
If you are training to be an accountant, find another book. This book's objective is to increase your ability to draw useful information from financial statements, and thus to make better decisions—in both your personal life and your professional life. Studying this book should help you be a better manager. That is both its objective and its perspective.
The book starts at square one; it assumes no prior knowledge on your part. To increase your financial literacy, you will learn the common nomenclature (but not esoteric jargon) used by accountants and financial experts. You will be equipped to ask insightful questions of experts, to engage them and your colleagues in thoughtful debates about financial and accounting issues, and to make better decisions.
Table of Contents: The Balance Sheet / The Income Statement / Valuation / Timing / Capital Structure / Cash Flow / Evaluating with Ratios / Cost Accounting / Budgeting and Forecasting / Rules and Integrity / Appendix: Scorekeeping at Not-for-Profits
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Yes, you can access Understanding the Financial Score by Henry E. Riggs in PDF and/or ePUB format, as well as other popular books in Technology & Engineering & Entrepreneurship. We have over one million books available in our catalogue for you to explore.
Information
Table of contents
- Cover
- Copyright Page
- Title Page
- Contents
- Preface
- 1. The Balance Sheet
- 2. The Income Statement
- 3. Valuation Where Disagreements Arise
- 4. Timing The Corollary to Valuation
- 5. Capital Structure Using Debt Prudently
- 6. Cash Flow Cash is king!
- 7. Evaluating with Ratios
- 8. Cost Accounting Digging Deeper into Valuation
- 9. Budgeting and Forecasting The Past Is Prologue
- 10. Rules and Integrity Are the Books Cooked?
- Appendix: Scorekeeping at Not-for-Profits
- Index
- Author Biography
