Financial Intelligence: A Manager’s Guide to Knowing What the Numbers Really Mean

Financial Intelligence: A Manager's Guide to Knowing What the Numbers Really Mean
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Monetary Intelligence: A Manager’s Guide to Realizing What the Numbers Truly Mean Description

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Firms expect managers to use monetary data to allocate resources and manage their departments. But several managers can not read a balance sheet, would not recognize a liquidity ratio, and do not know how to calculate return on investment. Worse, they have no thought where these numbers come from or how dependable they are. The Financial Intelligence, Karen Berman and Joe Knight teach the basics of the economy – but with a twist. Monetary reporting, they argue, is as considerably art as science. Since nobody can quantify everything, accountants usually rely on estimates, assumptions and call them. skilled managers want to know how these sources of bias can impact the economy and that often the numbers can be questioned. Though the basis of a deep understanding of the financial aspect of the firm, the book also arms managers with practical strategies to enhance enterprise performance – strategies such as “balance sheet management, which is extremely low Financial Intelligence: A Manager’s Guide to Understanding What the Numbers Truly Mean

\n\nMonetary Intelligence: A Manager’s Guide to Understanding What the Numbers Truly Mean Ebook

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