For all entrepeneurs and nonfinancial professionals with budget and/or P&L responsibilities, Finance and Accounting for Nonfinancial Managers provides the basics necessary to make a solid contribution to the financial goals and success of their companies. This indispensible and easy-to-read primer gives all entrepreneurs and managers in nonfinancial areas--sales, marketing, production, and more--a complete understanding of financial terms, statements, and ratios and how they affect the operations of a business or corporation.

With this information, financial managers will be able to understand:

• Owners' equity
• Ratio analysis
• Balance sheets
• Income statements
• LIFO liquidations
• Asset valuation
• Cash flow statements
• Capital leasing
• Liabilities
• Present value
• Operating leverage
• Breakeven analysis
• And more.

New to the third edition are chapters covering:

• Basic tax concepts
• Capital structure
• Business plans
• Working capital management and banking relationships
• Personal finances
• Accountability and controls.

This edition also comes with a CD-ROM with interactive Excel templates that lets managers immediately apply the concepts and techniques covered.

To see some of the topics covered...