Details

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


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

How to Budget, Forecast, and Monitor Cash Flow for Better Decision Making
1. Aufl.

von: Lita Epstein

14,99 €

Verlag: Wiley
Format: EPUB
Veröffentl.: 05.01.2012
ISBN/EAN: 9781118231098
Sprache: englisch
Anzahl Seiten: 192

DRM-geschütztes eBook, Sie benötigen z.B. Adobe Digital Editions und eine Adobe ID zum Lesen.

Beschreibungen

<b>Financial statements hold the key to a company's fiscal health—so learn to read them!</b> <p>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. <i>The Business Owner's Guide to Reading and Understanding Financial Statements</i> 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.</p> <p>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:</p> <ul> <li>Understand the budget process and why it is important</li> <li>Manage assets and track inventory</li> <li>Gauge profitability</li> <li>Monitor success throughout the year using internal reporting</li> <li>Set prices and make key cost decisions</li> </ul> <p>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.</p>
<p>Preface ix</p> <p>Acknowledgments xv</p> <p><b>Part I Using External Reports to Gauge Your Company’s Health and Competitive Status 1</b></p> <p>Chapter 1 The Key Financial Statements and Their Starring Role 3</p> <p>Chapter 2 Balancing the Books: Your Assets and Liabilities 25</p> <p>Chapter 3 Gauging Profitability 49</p> <p>Chapter 4 Cash Is King 71</p> <p><b>Part II Using Internal Reporting to Manage Your Profits and Your Costs 91</b></p> <p>Chapter 5 Why Budgeting Is Important 93</p> <p>Chapter 6 Managing Inventory 107</p> <p>Chapter 7 Monitoring Customer Collections 121</p> <p>Chapter 8 Discounts and Special Pricing 133</p> <p>Chapter 9 Getting a Handle on Manufacturing Costs 141</p> <p>Chapter 10  Reducing Bill Payouts 153</p> <p>Conclusion Using Financial Statements for Decision Making 163</p> <p>About the Author 165</p> <p>Index 167</p>
<p><b>LITA EPSTEIN, MBA,</b> designs and teaches online courses on topics such as investing for retirement, getting ready for tax time, and finance and investing for women. She is the author of <i>Streetwise Retirement Planning</i> and the coauthor of <i>Alpha Teach Yourself Retirement Planning in 24 Hours</i>. She has also been a congressional press secretary, daily newspaper reporter, magazine editor, and fundraiser for The Carter Center.</p>
<p>Small Business & Entrepreneurship</p> <p><b>Financial statements hold the key to your company’s fiscal health—so learn to read them!</b> <p>In order to gauge your company’s health—as well as the competition’s—business owners must know how to properly read and understand financial statements. <i>The Business Owner’s Guide to Reading and Understanding Financial Statements</i> introduces managers and entrepreneurs to the various types of financial statements and explains why each is important. Learn the difference between internal and external financial statements and how to use them for financial decision making in order to avoid common missteps. <p>Whether you’re planning major capital projects or simply managing the fiscal aspects of your department, this nontechnical, results-driven guide will arm you with the fundamentals to: <ul><li>Understand the budget process and why it is important</li> <li>Manage assets and track inventory</li> <li>Gauge profitability</li> <li>Monitor success throughout the year using internal reporting</li> <li>Set prices and make key cost decisions</li></ul> <p>Don’t shrug off your responsibility in mastering the financial aspects of your company. Understand where your business stands so that you can make informed decisions about its future.

Diese Produkte könnten Sie auch interessieren:

Engagement Marketing
Engagement Marketing
von: Gail F. Goodman
PDF ebook
16,99 €
Engagement Marketing
Engagement Marketing
von: Gail F. Goodman
EPUB ebook
16,99 €
The Bear Necessities of Business
The Bear Necessities of Business
von: Maxine Clark, Amy Joyner
PDF ebook
14,99 €