Accounting and Financial Fundamentals for NonFinancial Executives

by Robert RACHLIN, Allen SWEENEY

Overview

A complete, concise, non-technical guide to grasping all the essentials of accounting — and directly applying financial data.

Finance and accounting are the backbone of any organization. Yet plenty of executives and businesspeople are befuddled and intimidated by number crunching.

In Accounting and Financial Fundamentals for NonFinancial Executives, you will learn how to:

• pinpoint the most profitable products or sales regions
• figure the rate of return from a capital investment
• make internal management reports more useful
• understand and prepare a statement of cash flows

Accounting and Financial Fundamentals for NonFinancial Executives offers a straightforward approach that will appeal to all managers and executives who need a practical, comprehensible lesson in using financial analysis to set key business goals, measure results, and make smart decisions.

Product Details

ISBN-13:	9780814479285
Publisher:	AMACOM
Publication date:	03/14/1996
Edition description:	2nd ed.
Pages:	256
Product dimensions:	6.00(w) x 9.00(h) x 0.50(d)
Age Range:	17 Years

About the Author

"ROBERT RACHLIN (Plainview, NY) is president of Robert Rachlin Associates and serves as Assistant Dean for Business Studies at Hofstra University. He wrote The Handbook of Business Budgeting, along with many other books.

ALLEN SWEENEY (Miami, FL) is a former senior vice president and CFO of Del Monte Foods."

Table of Contents

1 The Dual Aspect Principle

2 The Accrual Concept

3 Other Basic Concepts

4 Accounting Conventions

5 Financial Photography: Balance Sheets and Income Statements

6 Special Accounting Problems

7 The Basic Accounting Process

8 Manufacturing and Merchandising Cost Essentials

9 Other Basic Cost Concepts and Their Applications

10 Fundamentals of Investment Analysis: Evaluating New Investments - Some Basic Considerations

11 Fundamentals of Investment Analysis: Evaluating New Investments - Present Value ROI Analysis

12 Fundamentals of Investment Analysis: Evaluating New Investments

13 Setting the Rate of Return

14 Fundamentals of Investment Analysis: Measuring Overall Business Performance Using ROI

15 Fundamentals of Financial Analysis: Balance Sheets and Income Statements

16 Understanding Cash Flows

Appendix A: Compound Interest Tables

Appendix B: Present Value Tables

Index