The Finance Book: Understand the numbers even if you're not a finance professional

Description

The Finance Book has been officially shortlisted in the 'Practical Manager' category for the 2018 Management Book of the Year prize which has just been announced by the Chartered Management Institute (CMI) and the British Library.   The Finance Book will help you think and manage like a financial strategist. Written specifically for non-finance professionals, it will give you all you need to know to manage your business more effectively and think more strategically.    It will help you to: Have the confidence to read and interpret financial statements Ask the right questions about financial performance Apply important financial tools and ratios Learn how to think financially and make better strategic financial decisions Covering business finance, accounting fundamentals, budgeting, profitability and cash management, you'll find the tools you need in order to make the best financial decisions for your business.   'Essential reading for any non-finance ‭professional. This is an easy to read and ‭practical guide to the world of finance.’ ‭Paul Herman, Group CEO, Bluebox ‭Corporate Finance   ‭‘A really helpful, well organised and easy to ‭understand primer and reference book for ‭those who aren’t accountants but still need ‭to understand the accounts.’ ‭Roger Siddle, Chairman, Cordium Group   ‘A great book. At last, a guide that ‭demystifies and encourages business ‭owners to practically understand financial ‭matters. A must read.’ ‭Gordon Vater CEO, RiiG Limited Cover Title page Copyright Page Contents About the authors Acknowledgements Introduction part 1 Finance fundamentals 1 Finance personnel and systems 2 Cash versus accruals accounting part 2 Primary financial statements 3 Profit and loss (P&L) 4 The balance sheet 5 Cash flow statement part 3 Key elements of financial statements 6 Revenue recognition 7 Opex and capex 8 Business tax 9 Tangible fixed assets and depreciation 10 Goodwill and other intangibles 11 Stock 12 Debtors and creditors 13 Prepayments and accruals 14 Provisions and contingencies 15 Capital and reserves 16 Group accounting 17 Revaluation 18 Impairment part 4 Financial and regulatory environment 19 Accounting and financial reporting standards 20 External financial audit 21 Information in the public domain 22 Corporate governance and whistleblowing part 5 Assessing financial health 23 Profitability performance measures 24 Working capital and liquidity management 25 Insolvency and going concern risk 26 Long-term solvency performance measures 27 Investor ratios 28 Business valuation part 6 Sources of business finance 29 Equity finance 30 Debt finance part 7 Financial management 31 Management accounts 32 Profitable pricing 33 Profit planning 34 Budgeting and forecasting 35 Investment appraisal Appendix: Greggs 2015 Accounts Glossary Further resources Index