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Accounting is often referred to as the language of business.
Unfortunately, many business professionals lack the required
fluency in this unique language to perform basic financial
analysis, prepare budgetary forecasts, or to compare competing
capital investment alternatives. This book targets individuals with
limited exposure to-or formal training in-accounting and related
finance disciplines. These individuals include-but certainly are
not limited to-engineers, information technology specialists,
retail managers, entrepreneurs, marketing directors, construction
contractors, attorneys, and bankers who are making career
transitions from consumer lending positions to become commercial
loan officers. The primary purpose of this book is to help managers
and business owners from diverse professional and educational
backgrounds to (1) converse more effectively with their accounting
and finance colleagues; (2) understand the structure and the
elements of general purpose financial statements; (3) identify both
the usefulness and the limitations of accounting information; (4)
prepare budgets and financial forecasts; and (5) make sense of
commonly used decision-making models.
Accounting often is referred to as "the language of business";
unfortunately, many business professionals lack the fluency in this
unique language required to perform basic nancial analysis, prepare
budgetary forecasts, or compare competing capital investment
alternatives. While there is no shortage of financial-related
textbooks or reference manuals, most assume that readers have
educational backgrounds-and/or have had years of professional
experience-in accounting, financial analysis, or corporate nance.
Using Accounting and Financial Information targets professionals
with limited exposure to-or formal training in- accounting or
related nance disciplines. These individuals often include-but
certainly are not limited to- engineers, information technology
specialists, retail managers, entrepreneurs, marketing directors,
construction contractors, attorneys, and even bankers who are
making career transitions from consumer lending positions to become
commercial loan of officers. The primary purpose of this book is to
help managers and business owners from diverse professional and
educational backgrounds to: (1) converse more effectively with
their accounting and nance colleagues; (2) understand the structure
and the elements of general-purpose nancial statements, (3)
identify both the usefulness and the limitations of accounting
information; (4) prepare basic nancial forecasts; and (5) make
sense of commonly used decision-making models.
These are printed copies of the PowerPoint slides with ruled lines
so that students can take notes.
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