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Synopsis
For all entrepreneurs and nonfinancial professionals with budget and/or P&L responsibilities, Finance and Accounting for Nonfinancial Managers provides the basics necessary to make a solid contribution to the financial goals and success of their companies. This indispensible and easy-to-read primer gives all entrepreneurs and managers in nonfinancial areas--sales, marketing, production, and more--a complete understanding of financial terms, statements, and ratios and how they affect the operations of a business or corporation. With this information, financial managers will be able to understand: owners' equity, ratio analysis; balance sheets; income statements; LIFO liquidations; asset valuation; cash flow statements; capital leasing; liabilities; present value; operating leverage; breakeven analysis; and more. New to the third edition are chapters covering: basic tax concepts; capital structure; business plans; working capital management and banking relationships; personal finances; and accountability and controls. This edition also comes with a CD-ROM with interactive Excel templates that lets managers immediately apply the concepts and techniques covered.
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About the Author
Steven Finkler is a Professor of Accounting and Financial Management at the Robert F. Wagner Graduate School, New York University. At the Wagner School he is the Director of Finance Specialization. He holds a bachelor's degree with a major in Finance and a master's degree in Accounting from the Wharton School. His master's degree in Economics and Ph.D. in Business Administration are from Stanford University. Before joinging NYU, he was on the faculty of the Wharton School.An award-winning teacher and author, he has also written other books on budgeting, cost accoutning and financial management, as well as hundreds of artciles. He worked for several years as a CPA with Ernst & Young.
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