Finance for the Nonfinancial Manager - Softcover

Spiro, Herbert T.

9780471610595: Finance for the Nonfinancial Manager

Softcover

ISBN 10: 0471610593 ISBN 13: 9780471610595

Publisher: Wiley, 1988

A revised and updated edition of the manager's guide to finance, covering both the private sector, and the not-for-profit and public sectors. Retains the professional approach of the previous editions, and incorporates new material on the Tax Reform Act of 1986 and valuation concepts underlying current acquisition and restructuring activities. Coverage is thorough, including accounting, credit, taxes, budgeting, capital structure, valuation, and much more.

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Review:

You have an intense deep-seated interest in something, be it sporting goods or public relations or ice cream or rock music. You grit your teeth, amass the requisite funding, purchase a computer and other necessary equipment, and start a business that will allow you to sell your passion to others. You know everything there is to know about your chosen product or service. But you know nothing about budgeting, strategic planning, tax rules, cost-benefit analysis, payroll, and the other financial fine point of business. You need Herbert Spiro's Finance for the Non-Financial Manager, now available in a completely revised fourth edition.

From the Back Cover:

FINANCE FOR THE NONFINANCIAL MANAGER

If you're a manager, odds are that financial considerations increasingly occupy more of your time. In today's competitive marketplace, it's essential that all managers have a basic understanding of the tools, objectives, and functions of finance if they are to stay ahead of the competition. Covering the gamut of the "numbers" end of management, Finance for the Nonfinancial Manager helps you develop a sound basis for carrying out strategic financial planning and decision-making responsibilities.

This comprehensive reference has served as an indispensable guide for executives, managers, and small business owners for almost two decades. Now in its fourth edition, this classic has been updated to reflect the latest federal tax and regulatory legislation, and it is filled with new charts, tables, and examples suitable for the needs of today's manager. From basic economic concepts to accounting conventions, the broad range of topics examined in Finance for the Nonfinancial Manager include: cash flow management, banking relationships, security markets, credit policies, and capital acquisition. You'll also find practical guidelines for such important skills as how to:

Now more than ever, being a manager in the competitive marketplace requires a solid understanding of key aspects of finance. This revised and expanded edition of Finance for the Nonfinancial Manager shows you how to get a handle on the basic concepts and principles you need to run and maintain a successful business.

Today's marketplace demands that managers play an important role in the financial matters of their company—whether they have a background in finance or not. For those who don't, making sense of P & Ls, balance sheets, and performance budgets can be an overwhelming and difficult task. If you're one of those managers who's "in the dark" when it comes to finance, this clearly written, comprehensive volume will guide you through the basic concepts, functions, and procedures.

Now in its fourth edition, Finance for the Nonfinancial Manager has emerged as an indispensable reference for managers, business owners, and executives. First published almost two decades ago, it has been completely updated to reflect the latest tax laws, the growing importance of an international perspective in economic analyses, and the increased use of computers for data storage and analyses. Filled with new charts, tables, and relevant examples, this complete guide spans the financial spectrum, from flexible budgets to zero based budgeting, cash flow to cash management, flat tax to tax shelters. It also offers keys to important skills such as calculating interest, deciphering financial statements, designing budgets, and applying break-even analysis. Each chapter concludes with a summary highlighting the major points covered, and a glossary of important terms is included for quick reference.

Finance for the Nonfinancial Manager provides the information you need to participate successfully in the financial affairs of your company. Clear and concise, it is an investment that is sure to yield profitable returns.

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