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2 + 2 = 1 For Financial Decision Makers
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- Book Synopsis
- <p><b>Take the Mystery out of Finance, 2 + 2 =1 For Financial Decision Makers <p/>Clarity for Non Finance Business Managers. Making sense of the business Numbers, Make and<br>communicate better Financial Decisions.</b> <p/>The book is about creating an awareness that money management is crucial for any business. The<br>non-finance executives who are effective at managing the day -to -day finances of a company need<br>clarity to ensure the ultimate survival of the business both in the short term and long term.<br>The 2 + 2=1 For Financial Decision Makers is written to help non-finance managers and<br>professionals to make and communicate better financial decisions, they can make sense of the<br>numbers and why understanding numbers is essential for them to master the key concepts and<br>elements of everyday business activities. <p/>With this understanding, you are aware of the consequences of the decisions you make for the<br>business. For instance, simple things like Return on Investment (ROI) when considering the viability<br>of any investment project. How and when the cashflow returns will translate to profitability. This<br>can then be linked to planning for future through the process of effective Budgeting and forecasting, <br>when measured against the actual performance through the business Management Accounts. <p/>Reading this book gives good insight on how decisions made by non-finance managers can heavily<br>influence the financial outcomes of why the company exists. With the Finance clarity and the<br>knowledge over time the company manager, executives, will understand how resources are<br>acquired and allocated. It makes for effective communication between the business executive and<br>the Finance team, especially in corporate organisation. <p/>Here's all benefits included and what you get from reading this book for Financial Decision Makers: <p/>- You will be able to analyse critical main financial statements of your business<br>- You are guided to make more informed decisions regarding the pricing of products and<br>services your company offers.<br>- Interpret income Statements, Balance Sheet, and Cash Flow Statements with examples<br>- You will understand various types of costs in your business, and appreciate how they can be<br>reduced through cost control methods<br>- You will be equipped with the language of finance and an understanding of the factors the<br>finance department must consider as they set out to find a profitable projects, you<br>communicate ad collaborate better to generate opportunities that add value to your<br>organisation.<br>- Essentially, you will communicate more effectively with finance team, other stakeholders<br>such, Lenders, Banks and those that invest heavily on your business.<br>- You will master the skills to use financial concepts, elements and terms with various<br>techniques to engage in better decision making.- Your personal financial wealth will be enhanced as you gain clarity on the key concepts of<br>budgeting, forecasting and Cashflow management of the business.<br>- You are always in the position to talk the language of finance, with impressive financial<br>vocabulary at any level in the organisation, and less overwhelmed by numbers. <p/>Summary of chapters: The chapters in the book are organised to explain the structure and purpose<br>of the three major numeric financial statements that describes the performance of the business and<br>financial position to help decision making. <p/>You should be interested in a toolkit for every professional business manager to make smart and<br>better decisions for their business, because poor accounting can result in mistrust of business<br>partners, poor business decisions, and in the long term a significant loss of the assets of the<br>business.</p>
- Product Details
-
- ISBN
- 9798808538733
- Format
- Paperback
- Publisher
- Independently Published, (07 December 2022)
- Number of Pages
- 194
- Weight
- 292 grams
- Language
- English
- Dimensions
- 229 x 152 x 10 mm
- Categories: