Using accounting & financial information : analyzing, forecasting & decision making

✍ Scribed by Bettner, Mark S

• Publisher: Business Expert Press
• Year: 2015
• Tongue: English
• Leaves: 152
• Series: Financial accounting and auditing collection
• Edition: First edition
• Category: Library

✦ Synopsis

Accounting often is referred to as the language of business; unfortunately, many business professionals lack the fluency in this unique language required to perform basic financial analysis, prepare budgetary forecasts, or compare competing capital investment alternatives. And while there is no shortage of financial-related textbooks or reference manuals, most assume that readers have educational backgrounds and/or have had years of professional experience in accounting, financial analysis, or corporate finance. This book targets individuals in management positions with limited exposure to or formal training in accounting or related finance disciplines. These professionals often include but certainly are not limited to engineers, information technology specialists, retail managers, entrepreneurs, marketing directors, construction contractors, attorneys, and even bankers who are making career transitions from consumer lending positions to become commercial loan officers. The primary purpose of this book is to help managers from diverse professional and educational backgrounds to: (1) converse more effectively with their accounting and finance colleagues; (2) understand the structure and the elements of general-purpose financial statements, (3) identify both the usefulness and the limitations of accounting information; (4) prepare basic financial forecasts; and (5) make sense of commonly used decision-making models

✦ Table of Contents

Content: 1. Users of accounting & financial information --
2. Corporate financial statements --
3. Accrual & deferral timing differences --
4. Financial statement analysis --
5. Long-term financial forecasting --
6. Operating budgets --
7. Cost-volume-profit relationships --
8. Capital budgeting --
Index.

✦ Subjects

Accounting. Financial statements. BUSINESS & ECONOMICS / Accounting / Financial Decision making. Finance -- Forecasting. Accruals accounting financial statements balance sheet income statement statement of cash flows assets deferrals liabilities