Financial Intelligence

Financial Intelligence

A Manager's Guide to Knowing What the Numbers Really Mean

Book - 2013
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Inc. magazine calls it one of "the best, clearest guides to the numbers" on the market. Readers agree, saying it's exactly "what I need to know" and calling it a "must-read" for decision makers without expertise in finance.

Since its release in 2006, Financial Intelligence has become a favorite among managers who need a guided tour through the numbers--helping them to understand not only what the numbers really mean, but also why they matter .

This new, completely updated edition brings the numbers up to date and continues to teach the basics of finance to managers who need to use financial data to drive their business. It also addresses issues that have become even more important in recent years--including questions around the financial crisis and those around broader financial and accounting literacy.

Accessible, jargon-free, and filled with entertaining stories of real companies, Financial Intelligence gives nonfinancial managers the confidence to understand the nuance beyond the numbers--to help bring everyday work to a new level.
Publisher: Boston, Mass. : Harvard Business Review Press, c2013
Edition: Rev. ed
ISBN: 9781422144114
Characteristics: xv, 284 p. ; 24 cm
Additional Contributors: Knight, Joe 1963-
Case, John 1944-


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May 15, 2018

Probably few think the subject of accounting is exciting. However, this book is not essentially about accounting but rather 'financial intelligence'. The central theme by the authors is that if every employee of companies large and small were to understand what the numbers the accountants and CFO's use in their daily activities, they would likely buy into their companies business model and strategy as opposed to being just a source of a paycheque. They feel if this were to be the case everybody would benefit. There are times when the eyes glaze over to be sure however due to simple number crunching and ratios and formulas but for the most part its kept simple. This book tells the 'why' of financial operations and can be important as a prelim to the accounting worlds 'how'.


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