Financial intelligence : a manager's guide to knowing what the numbers really mean / Karen Berman and Joe Knight ; with John Case.

Format:

Book

Author/Creator:

Berman, Karen, 1962-

Contributor:

Knight, Joe, 1963-

Case, John, 1944-

Elizabeth Kelsey Memorial Fund.

Language:

English

Subjects (All):

Financial statements.

Cash management.

Corporations--Finance.

Corporations.

Physical Description:

xiv, 257 pages : illustrations ; 25 cm

Place of Publication:

Boston : Harvard Business School Press, [2006]

Contents:

You can't always trust the numbers

Spotting assumptions, estimates, and biases

Why increase your financial intelligence?

Profit is an estimate

Cracking the code of the income statement

Revenue : the issue is recognition

Costs and expenses : no hard and fast rules

The many forms of profit

Understanding balance-sheet basics

Assets : more estimates and assumptions (except for cash)

On the other side : liabilities and equity

Why the balance sheet balances

The income statement affects the balance sheet

Cash is a reality check

Profit? : cash (and you need both)

The language of cash flow

How cash connects with everything else

Why cash matters

The power of ratios

Profitability ratios : the higher the better

Leverage ratios : the balancing act

Liquidity ratios : can we pay our bills?

Efficiency ratios : making the most of your assets

The building blocks of roi

Figuring roi : the nitty gritty

The magic of managing the balance sheet

Your balance sheet levers

Homing in on cash conversion

Financial literacy and corporate performance

Financial literacy strategies

Financial transparency : our ultimate goal.

Notes:

Includes bibliographical references and index.

Local Notes:

Acquired for the Penn Libraries with assistance from the Elizabeth Kelsey Memorial Fund.

ISBN:

1591397642

OCLC:

61461651