Finance & Accounting for Nonfinancial Managers - Softcover

Finkler PhD, Steven A

Softcover

ISBN 10: 0808025767 ISBN 13: 9780808025764

Publisher: CCH Incorporated, 2011

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. Topics covered include: 1. An introduction to financial management 2. A primer on taxes 3. Accounting concepts 4. An introduction to key financial statements 5. The role of the outside auditor 6. Valuation of assets and equity 7. Recording financial information 8. Reporting financial information 9. Business plans 10. Capital structure--long-term debt and equity financing 11. Leverage 12. Strategic planning and budgeting 13. Investment analysis 14. Lease or buy? A taxing question 15. Depreciation: Having your cake and eating it too! 16. Working capital management and banking relationships 17. Inventory costing 18. Cost accounting 19. Accountability and internal control 19. A closer look at financial statements 21. Notes to the financial statements 22. Ratio analysis 23. Personal finance

About this title

About the Author

"Dr. Steven A. Finkler" is Professor of Public and Health Administration, Accounting, and Financial Management at New York University's (NYU) Robert F Wagner Graduate School of Public Service (NYU/Wagner). At NYU/Wagner he heads the specialization in health services financial management. An award-winning teacher and author, Dr. Finkler is engaged in a variety of research topics in the areas of economics and accounting.

Among his publications are sixteen books, several of which are "Finance and Accounting for Nonfinancial Managers," third Edition, (2003), "Budgeting Concepts for Nurse Managers," third Edition, (2001), and "Cost Accounting for Health Care Organizations," second Edition, (with David Ward, 1999.). He has also published more than 200 articles in many journals, including "Health Services Research," the "Journal of Public Policy and Management," and "Healthcare Financial Management."

He received a Bachelor of Science degree in Economics (dual major in Accounting and Finance) and Master of Science degree in Accounting from the Wharton School at the University of Pennsylvania. His Master's degree in Economics and Doctorate in Business Administration were awarded by Stanford University.

Dr. Finkler, who is also a Certified Public Accountant, worked for several years as an auditor with Ernst and Young and was on the faculty of the Wharton School before joining NYU. He is a member of the Executive Board of the International Society for Research in Healthcare Financial Management, the Editorial Board of "Health Care Management Review," and the Board of Governors of Daughters of Israel Geriatric Center. He served as Editor of "Hospital Cost Management &Accounting" for 12 years, and is a past member of the National Advisory Council for Nursing Research at the National Institutes of Health (NIH). He consults extensively, both around the country and abroad.

Edition details

• Publisher: CCH Incorporated
• Publication date: 2011
• Language: English
• ISBN 10: 0808025767
• ISBN 13: 9780808025764
• Binding: Paperback
• Edition number: 4
• Number of pages: 334