Financial Analysis and Decision Making : Tools and Techniques to Solve Financial Problems and Make Effective Business Decisions
โ Scribed by David E. Vance
- Publisher
- McGraw-Hill
- Year
- 2002
- Tongue
- English
- Leaves
- 428
- Edition
- 1
- Category
- Library
No coin nor oath required. For personal study only.
โฆ Synopsis
Financial analysis is about shaping the future. It provides the tools management needs to make sophisticated judgments about complex and challenging business issues. As a corporate controller, chief financial officer, and retired CPA, I found that outside auditors, purchasing managers, accountants, and corporate executives were making bad decisions because they didn't understand how to apply financial analysis to real-world situations. One example was a company president who was signing leases with a 24% imputed interest rate because neither he nor his auditors understood how to analyze leases.
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