What will you learn from this book
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Financial Statements Understanding: Explaining how to read and interpret financial statements like balance sheets, income statements, and cash flow statements to assess a company's financial health.
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Cost Management: Introduction to different cost structures, methods of cost control, and understanding how costs impact the profitability of a business.
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Budgeting and Forecasting: Basics of creating budgets, forecasting techniques, and their significance in planning and managing financial performance.
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Cash Flow Management: Understanding cash flow cycles, managing working capital, and ensuring sufficient liquidity for business operations.
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Financial Ratios and Analysis: Introduction to key financial ratios for evaluating performance, solvency, liquidity, and profitability of a company.
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Investment Decisions: Basics of evaluating investment opportunities, including techniques like Net Present Value (NPV) and Internal Rate of Return (IRR).
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Risk Management: Introduction to identifying and managing financial risks such as market risk, credit risk, and operational risk.
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Capital Structure and Financing: Understanding various sources of capital, the impact of leverage, and choosing appropriate financing options for a business.
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Ethical Financial Decision-Making: Discussing ethical considerations in financial decision-making and the responsibilities of financial managers.
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Communication with Finance Teams: Emphasizing effective communication with finance professionals, asking relevant financial questions, and collaborating across departments for better financial decision-making.
| Language | English |
|---|---|
| ISBN-10 | 9781625270856 |
| ISBN-13 | 9781625270856 |
| No of pages | 144 |
| Font Size | Medium |
| Book Publisher | Harvard Business Review Press |
| Published Date | 11 Mar 2014 |
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Intimidated by corporate finance? The numbers (and the jargon) can feel overwhelming--but you have to understand them to manage effectively. Finance Basics explains the fundamentals simply and quickly, introducing you to key terms and concepts such as: How to navigate financial statementsHow to weigh costs and benefitsWhat's involved in budgeting and forecastingHow to gauge a company's financial health Don't have much time?
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