Books > Business & Economics > Business & management > Management of specific areas > Budgeting & financial management
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How to Understand Business Finance (Paperback, 2nd Revised edition)
Loot Price: R472
Discovery Miles 4 720
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How to Understand Business Finance (Paperback, 2nd Revised edition)
Series: Creating Success
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Loot Price R472
Discovery Miles 4 720
Expected to ship within 12 - 17 working days
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The modern marketplace is increasingly unpredictable and there is
an ever-greater need for non-financial managers to understand the
financial and management accounting process. How to Understand
Business Finance is part of the bestselling Creating Success series
published in association with the Sunday Times, which has been
translated into 25 languages with over 500, 000 copies sold. This
book is written for those managing a business in a real market. It
provides a quick and effective course in financial literacy, aimed
at the pursuit of business growth, in the context of the journey of
a business from initial set-up through its first year of trading.
As well as learning how to understand balance sheets and profit and
loss accounts, readers will also learn the principles of: market
dynamics; budgeting and forecasting; fixed and variable costs;
break-even analysis; the difference between profit and cash;
financial ratios for measuring business performance; investment
appraisal; stock market ratios; shareholder value; financial
measures for improving business performance, and much more. How to
Understand Business Finance helps you to understand double entry
bookkeeping, supply chain management, the difference in American
and British accounting terminology, financial ratios for measuring
business performance, common acronyms, and the real cash flow
implications of working capital.
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