Cover image for Understanding Finance: Expert Solutions to Everyday Challenges

Understanding Finance: Expert Solutions to Everyday Challenges

Author Harvard Business School Press
Release Date: 2007/08/01
ISBN: 9781422163795
Topic:
0%
19
Chapters
0-1
Hours read
0k
Total Words
    Start Reading Now    
       Add to Wishlist       
View table of contents

Book Description

Explains the essential concepts of finance—budgeting, forecasting, and planning—to managers who are not financial managers. Understanding Finance contains relevant information on how to: understand what the three basic financial statements and ratio analysis tell about a company's financial health; develop and track a budget; and assess an investment opportunity.

Table of Contents

  1. Pocket Mentor Series
  2. Title Page
  3. Copyright Page
  4. Table of Contents
  5. Mentors’ Message: Why Understand Finance?
  6. Understanding Finance: The Basics
    1. Understanding Financial Statements
      1. Accounting methods
      2. The income statement
      3. The balance sheet
      4. The cash flow statement
    2. Using Financial Statements to Measure Financial Health
      1. Profitability ratios
      2. Operating ratios
      3. Liquidity ratios
      4. Leverage ratios
      5. Other ways to measure financial health
    3. The Budget Process
      1. Understanding top-down and bottom-up budgeting
      2. Preparing a budget
      3. Articulating your assumptions
      4. Quantifying your assumptions
    4. What Is Cost/Benefit Analysis?
      1. Steps of cost/benefit analysis
      2. Net return and payback period
      3. Net present value and internal rate of return
      4. Breakeven analysis
      5. Sensitivity analysis
      6. Estimating unquantifiable benefits and costs
    5. Tracking Performance
      1. Tracking the performance of an investment
      2. Tracking your budget
  7. Tips and Tools
    1. Tools for Understanding Finance
    2. Test Yourself
      1. Answers to test questions
  8. Key Terms
  9. To Learn More
  10. Sources for Understanding Finance
  11. How to Order
18.116.36.192