This comprehensive, easy-to read primer on finance and accounting gives all 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. This timely follow-up to the bestselling first edition makes it easy for nonfinancial people to accurately read financial statements...increase familiarity with key financial terms and concepts...and sharpen financial decision-making skills. With this information, the nonfinancial manager will be able to understand: . owners' equity. cash flow statements. ratio analysis. capital leasing. balance sheets. liabilities. future profits. present value. LIFO liquidations. operating leverage. asset valuation. and more! For nonfinancial professionals with budget and/or P&L responsibilities, this indispensable guide provides the basics necessary to make a solid contribution to the financial goals and success of their company.

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 accounting and financial management, as well as hundreds of articles. He worked for several years as a CPA with Ernst & Young.

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