The Business Owner's Guide to Reading and Understanding Financial Statements

The Business Owner's Guide to Reading and Understanding Financial StatementsCondition: BRAND NEW ISBN: 9781118143513 Year: 2012 Publisher: John Wiley & Sons Inc (US) Pages: 192 Description: Financial statements hold the key to a company's fiscal health? so learn to read them! In order to gauge a company's health? as well as the competition's? managers must know how to properly read and understand financial statements. The Business Owner's Guide to Reading and Understanding Financial Statements will introduce managers and

Condition: BRAND NEW
ISBN: 9781118143513
Year: 2012
Publisher: John Wiley & Sons Inc (US)
Pages: 192


Description:
Financial statements hold the key to a company's fiscal
health?so learn to read them!


In order to gauge a company's health?as well as the
competition's?managers must know how to properly read and
understand financial statements. The Business Owner's Guide to
Reading and Understanding Financial Statements will introduce
managers and business owners to various types of financial
statements and explain why they are important. Serving as a desktop
reference, especially for managers without a strong background in
finance, this book will discuss the difference between internal and
external financial statements and explain how they can be used for
financial decision-making in order to avoid common missteps.


Whether you're planning for major capital projects or simply
managing the fiscal aspects of your department, this nontechnical,
results-driven guide will arm you with the fundamentals to:


Understand the budget process and why it is important

Manage assets and track inventory

Gauge profitability

Monitor success throughout the year using internal
reporting

Set prices and make key cost decisions



Financial statements are essential to determining a company's
fiscal health. Understand where your company stands so that you can
make informed decisions about its future.