Business and Finance for IT People gives an insight into the world of business, and its language - the language of finance - for all those involved in information technology IT, whether as practitioners - buyer, sellers, technicians or managers - or students.Assuming no prior knowledge of the subject, the book not only takes the reader step by step in plain language, and with many practical examples, through the fundamentals of business and finance, but also through some more advanced topics - leasing, cost/benefit analysis and project evaluation methods - not normally found in an introductory book, but of particular interest to IT people.Areas covered in this book include:- Fundamentals of business and finance;- Balance sheets, profit and loss accounts, cash flow statements;- Different kinds of business and their financial characteristics;- Financing and leasing;- Cost/benefit analysis;- Project evaluation methods, including net present value (NPV), internal rate of return (IRR) and return on investment (ROI);- Budget, costing and pricing - an introduction

Information technology decisions are usually made by IT experts who often lack the finance and accounting skills to fully understand the financial implications of this capital spending. This book is aimed at IT managers, addressing issues such as: how to budget and account for IT appropriately; how to build a financial case for IT investment; how to use investment appraisal techniques, as well as how to use numerous financial tricks of the trade.

Finance is as fundamental to the IT world as it is to most other aspects of life. However, many IT professionals lack knowledge of the particular financial principles on which decisions about IT should be based - decisions that often have serious financial implications for their organisations. Assuming no prior knowledge, this new edition covers all aspects of finance relevant to IT professionals and is updated with International Financial Reporting Standards (IFRS) terminology. It is ideal for IT decision makers - managers, practitioners, buyers, sellers, consultants and project managers - who wish to conquer their fear of finance or refresh existing knowledge. "It is written in plain language and contains many practical examples." --Kybernetes, volume 35 issue 9, 2007 (review of previous edition)