Synopsis
Mastering the fundamentals of financial management is a must for those with a stake in their company's and their own professional future. Packed with step-by-step examples and illustrative case studies, and fully updated to reflect the latest changes in tax laws and accounting requirements, Finance and Accounting for Nonfinancial Managers is one-stop shopping for managers, entrepreneurs, seasoned executives, teachers, and students alike. Featuring a new chapter on accountability and ethics, and complete with Excel templates, study questions, and a teaching guide on the Web (www.droms-strauss.com), Finance and Accounting for Nonfinancial Managers covers all major aspects of financial management including:Reading a balance sheetMastering the accounting cycleMaking long-term investment decisionsConducting breakeven analysis for profit planningCalculating cost of capitalEvaluating closely held companies
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About the Author
William G. Droms is the John Powers, Jr., Professor of Finance at Georgetown University School of Business. An internationally recognized corporate finance and investment management consultant, he has designed and delivered executive development programs to thousands of managers in a wide variety of trade and professional associations, corporations, and financial institutions. He lives in Annapolis, Maryland.
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