2 + 2 = 1 For Financial Decision Makers

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2 + 2 = 1 For Financial Decision Makers

2 + 2 = 1 For Financial Decision Makers

Nicky J Menakaya Mphil, Raymond Aaron

194

Pagini

2022

An

Paperback

Copertă

Adaugă în bibliotecă
Editura Independently Published
Copertă Paperback
Pagini 194
An publicare 2022
ISBN 9798808538733
Categorii
Management

Descriere

Take the Mystery out of Finance, 2 + 2 =1 For Financial Decision Makers Clarity for Non Finance Business Managers. Making sense of the business Numbers, Make and

Take the Mystery out of Finance, 2 + 2 =1 For Financial Decision Makers Clarity for Non Finance Business Managers. Making sense of the business Numbers, Make and

communicate better Financial Decisions. The book is about creating an awareness that money management is crucial for any business. The

non-finance executives who are effective at managing the day -to -day finances of a company need

clarity to ensure the ultimate survival of the business both in the short term and long term.

The 2 + 2=1 For Financial Decision Makers is written to help non-finance managers and

professionals to make and communicate better financial decisions, they can make sense of the

numbers and why understanding numbers is essential for them to master the key concepts and

elements of everyday business activities. With this understanding, you are aware of the consequences of the decisions you make for the

business. For instance, simple things like Return on Investment (ROI) when considering the viability

of any investment project. How and when the cashflow returns will translate to profitability. This

can then be linked to planning for future through the process of effective Budgeting and forecasting,

when measured against the actual performance through the business Management Accounts. Reading this book gives good insight on how decisions made by non-finance managers can heavily

influence the financial outcomes of why the company exists. With the Finance clarity and the

knowledge over time the company manager, executives, will understand how resources are

acquired and allocated. It makes for effective communication between the business executive and

the Finance team, especially in corporate organisation. Here's all benefits included and what you get from reading this book for Financial Decision Makers: - You will be able to analyse critical main financial statements of your business

- You are guided to make more informed decisions regarding the pricing of products and

services your company offers.

- Interpret income Statements, Balance Sheet, and Cash Flow Statements with examples

- You will understand various types of costs in your business, and appreciate how they can be

reduced through cost control methods

- You will be equipped with the language of finance and an understanding of the factors the

finance department must consider as they set out to find a profitable projects, you

communicate ad collaborate bet

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