Finance for the General Manager
A Four-step Approach to Understanding and Using the Key Financial Techniques
Published on 11. March 1994
Book
Hardback
283 pages
978-0-07-707960-4 (ISBN)
Description
This book is written to help general and senior managers who want to improve their financial awareness but who do not have time to become financial experts. It also offers a review of the basic finance and accounting principles that are relevant to the general manager's position. The text provides easy-reference information to help build strategies that will enable the general manager to re-structure his/her organization's financial perspective. Mills and Stiles present a progressive view, moving away from short-term profit-based aims to a longer-term cash-flow based objective.
More details
Series
Language
English
Place of publication
London
United Kingdom
Publishing group
McGraw-Hill Education - Europe
Target group
Professional and scholarly
Illustrations
13ill.
Dimensions
Height: 230 mm
Weight
5800 gr
ISBN-13
978-0-07-707960-4 (9780077079604)
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Schweitzer Classification
Content
Part 1 Financial framework for general management: financial principles and practices; the three main financial statements; an introduction to profit and cash flow; the relationship between financial statements - forming a view of the business; principles applied in preparing financial statements; business profitability ratios; ratios to measure the use of business assets. Part 2 Financial awareness: a review of corporate reports; an introduction to analyzing corporate reports; analyzing corporate reports - the shareholders' and lenders' reports; the art of accounting; variations in financial reporting - the international dimension. Part 3 Financial management: managing cash; managing working capital; managing costs to support business decisions; managing capital expenditure - the principles; managing capital expenditure - the practice; assessing and managing risk. Part 4 Financial direction: strategic financial analysis and measuring the value of a business; the cost of capital; valuation and business restructuring.