Managerial Financial Management 24 Principles

Author: Wagner
Publisher:
Publish Date: 2005-06-01
Features: Whether you can stay invincible in business competition depends on whether you can understand and improve various "business data." To accurately evaluate a company's strengths and weaknesses, you must understand financial language. This book provides you with the basic knowledge to understand a company's data and many methods for reading financial reports, calculating profits, and tracking cash flow. Based on this, you will understand the sources and meanings of financial data and know how to improve your company's finances. A training manual for employees of world-class companies, a financial analysis guide for non-financial managers. For company managers, having a financial background is not important, but to accurately assess the company's current situation, you must understand financial language and be able to identify various financial indicators. This book provides non-financial managers with the basic knowledge to understand a company's data, as well as tips on reading financial reports, calculating profits, and tracking cash flow. Based on this, you will understand the sources and meanings of financial data and know how to improve your company's financial performance. How can company managers without a financial background identify and improve various "business data"? By following the 24 rules provided in this book, you can easily read financial statements and make your work better. When analyzing a company's financial situation, you need to remember:
· Do not look at financial data in isolation;
· Carefully read the notes in the financial report;
· Ensure that sales revenue is recorded correctly;
· Use key financial ratios;
· Identify areas with problems.