Financial Intelligence: A Manager's Guide to Knowing What the Numbers Really Mean,Used
Financial Intelligence: A Manager's Guide to Knowing What the Numbers Really Mean,Used

Financial Intelligence: A Manager's Guide to Knowing What the Numbers Really Mean,Used

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Companies expect managers to use financial data to allocate resources and run their departments. But many managers can't read a balance sheet, wouldn't recognize a liquidity ratio, and don't know how to calculate return on investment. Worse, they don't have any idea where the numbers come from or how reliable they really are. In Financial Intelligence, Karen Berman and Joe Knight teach the basics of financebut with a twist. Financial reporting, they argue, is as much art as science. Because nobody can quantify everything, accountants always rely on estimates, assumptions, and judgment calls. Savvy managers need to know how those sources of possible bias can affect the financials and that sometimes the numbers can be challenged. While providing the foundation for a deep understanding of the financial side of business, the book also arms managers with practical strategies for improving their companies' performancestrategies, such as 'managing the balance sheet,' that are well understood by financial professionals but rarely shared with their nonfinancial colleagues. Accessible, jargonfree, and filled with entertaining stories of real companies, Financial Intelligence gives nonfinancial managers the financial knowledge and confidence for their everyday work. Karen Berman and Joe Knight are the owners of the Los Angelesbased Business Literacy Institute and have trained tens of thousands of managers at many leading organizations. Coauthor John Case has written several popular books on management.

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Warranty

We provide a 2-year limited warranty, from the date of purchase for all our products.

If you believe you have received a defective product, or are experiencing any problems with your product, please contact us.

This warranty strictly does not cover damages that arose from negligence, misuse, wear and tear, or not in accordance with product instructions (dropping the product, etc.).

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Frequently Asked Questions

  • Q: What is the main focus of 'Financial Intelligence'? A: 'Financial Intelligence: A Manager's Guide to Knowing What the Numbers Really Mean' focuses on teaching managers the basics of finance in an accessible manner. It emphasizes the importance of understanding financial data to effectively allocate resources and run departments.
  • Q: Who are the authors of this book? A: The book is authored by Karen Berman and Joe Knight, who are the owners of the Business Literacy Institute in Los Angeles and have extensive experience training managers in financial concepts.
  • Q: What topics are covered in 'Financial Intelligence'? A: 'Financial Intelligence' covers fundamental concepts of financial reporting, including balance sheets, liquidity ratios, and return on investment, while also addressing biases in financial data and providing practical strategies for performance improvement.
  • Q: Is this book suitable for non-financial managers? A: Yes, 'Financial Intelligence' is specifically designed for non-financial managers. It uses simple language and real-world examples to help them understand financial concepts without requiring a background in finance.
  • Q: How many pages does the book have? A: 'Financial Intelligence' has a total of 288 pages, providing a comprehensive overview of financial principles tailored for managers.
  • Q: What is the book's publication date? A: 'Financial Intelligence' was published on January 12, 2006, making it a well-established resource in the field of corporate finance.
  • Q: In what format is the book available? A: The book is available in hardcover format, which is known for its durability and quality.
  • Q: What is the condition of the book? A: 'Financial Intelligence' is available in new condition, ensuring that readers receive a book that is free from wear and tear.
  • Q: Does the book include practical strategies? A: Yes, the book includes practical strategies for improving company performance, such as managing the balance sheet, making it relevant for everyday business decisions.
  • Q: Is there any prior knowledge required to understand this book? A: No prior knowledge of finance is required to understand 'Financial Intelligence.' The authors present complex concepts in a straightforward, jargon-free manner.