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Every day managers are flooded with financial information from anover-whelming number of sourcescompany reports, the financialpress, and the Internet. While the language of financial statementsmay sound like a foreign tongue to you, you know you can’tignore it. To understand how to use financial information toimprove the performance of your company, you need a resource thatemphasizes how financial statements support meaningful managementcommunications.
Written in accessible, nontechnical language, The Manager’sGuide to Financial Statement Analysis puts the focus on what youneed to know to be an effective participant in businesscommunications. Here is a frame-work that helps managers see howbusiness strategy is linked to shareholder accountability throughthe firm’s financial statementswithout getting caught inthe trap of explaining how financial statements are preparedaccording to technical accounting rules and regulations. Theemphasis of this book is on how you, as a manager, can usefinancial information to improve the performance of yourorganization, rather than simply learning how to keep score!
Using a full decade of financial data from Wal-Mart, and casestudies of a number of other high-profile firms including Cisco,Dell, and Pfizer, this book presents strategy models thatdemonstrate how financial information can be utilized to tell astory about a company’s business operations. TheManager’s Guide to Financial Statement Analysis is written inlanguage you can understandthe language of business as spokenby managers, not accountants or financial analysts. This book willgive you the tools you need to unleash the full communicationpotential of your company’s financial information, make you abetter managerand make your company more competitive.
FINANCIAL STATEMENTS AND BUSINESS STRATEGY.
Financial Statements and Business Strategy.
Strategic Profit Model: Margin Management.
Strategic Profit Model: Asset Management.
Strategic Profit Model: Return on Assets.
Strategic Profit Model: Financial Management.
Strategic Profit Model: Comprehensive Management.
Strategic Financing Model: Long-Term Investment andFinancing.
Strategic Financing Model: Financing the Business.
MARKET VALUATION AND BUSINESS STRATEGY.
Market Valuation: Market Performance Measures.
Market Valuation: Long-Term Debt.
Market Valuation: Common Stock.
Market Valuation: Strategic Profit Model Revisited.
Appendices: Case Studies.
Introduction to Case Studies.
Appendix A: Dell Computer Corporation.
Appendix B: Pfizer, Inc.
Appendix C: Cisco Systems.
Posted March 21, 2001
In our current business environment people must uderstand financial terms and be able to communicate them in a quantitative and qualitative manner. So why is it that the principles of finance and strategy are understood by few ? Perhaps it is because current finance texts overlook the need for comprehensive financial understanding. Alternatively, 'The Manager's Guide to Fianancial Statement and Analysis', by Dr. Barsky and Dr. Jablonsky, has created a financial guide that enables all to understand finance. This Guide discusses strategies for growth and provides tools for uncovering an organization's strategy for growth. The text discusses margin management, asset management, return on assets and financial management through the strategic profit model. It is rare when you find a book that discusses not only the big picture of business but also provides tools for readily understanding the details to grasp the big picture. If you enjoy learning about business, 'The Manager's Guide to Fianancial Statement and Analysis' should be a core holding in your private library. The buy and hold strategy definately applies here.Was this review helpful? Yes NoThank you for your feedback. Report this reviewThank you, this review has been flagged.