Accounting and Finance for the NonFinancial Executive

Accounting and Finance for the NonFinancial Executive

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Have you recently been promoted? Are you starting a new business? Do you suddenly find that you need to know more about finances than you ever expected, but have no time for formal training? If so, you need Accounting and Finance for the Non-Financial Executive. Whether you are a newly promoted middle manager or executive, a marketing manager of a small company, an entrepreneur, or own your own business, your results will be measured in dollars and cents. You need to know the basics of finance and accounting to make sound business decisions and become successful. Shim shows you the strategies for evaluating investment decisions such as return on investment analysis. You will see what you need to know, what to ask, which tools are important, what to look for, what to do, and how to do it. Easy to read and useful, the book presents many practical examples, illustrations, guidelines, measures, rules of thumb, graphs, diagrams, and tables that make comprehending the subject easy. Accounting and Finance for the Non-Financial Executive prepares you for additional managerial responsibilities. You will be better equipped to prepare, appraise, evaluate, and approve plans to accomplish departmental objectives. You will be able to back up your recommendations with carefully prepared financial support. Whether they are based on marketing, production, or personnel, by learning how to think in terms of finance and accounting you can intelligently express your ideas.The type of credit terms extended to customers determines the length of time a customer has to pay for the purchase. ... 9.1 CREDIT REFERENCES Retail credit bureaus and professional credit reference services should be used to appraise a customera#39;s ability to pay. ... of employees, previous payment history as reported by suppliers, amounts currently owed and past due, terms of sale, audit opinion, anbsp;...

Title:Accounting and Finance for the NonFinancial Executive
Author:Jae K. Shim
Publisher:CRC Press - 2000-06-22


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