Finance Basics For Tough Times

Description

These days, everyone is talking about 'the numbers', and more of us are being held accountable for them. But how many of us know what they really mean? This collection gives you smart, succinct guidance on understanding the essentials of business finance.

Author description

The Skills You Need Today collection features concise and handy guides to developing the critical skills managers need the most in challenging times. Packed with real-life examples, self-tests, and practical advice from the world's top business leaders, Skills You Need Today will help you survive--and thrive--in the economic downturn.

Table of contents

Introduction Part I Understanding Finance Understanding Financial Statements Using Financial Statements to Measure Financial Health The Budget Process What is Cost/Benefit Analysis? Tracking Performance Financial Plan Part II Preparing a Budget An Overview of Budgeting Approaches to Preparing a Budget Categorizing Expenses Preparing an Operating Budget Preparing a Capital Budget When Your Budget and Reality Differ