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Finance and Accounting for Nonfinancial Managers [Paperback]

William G. Droms , Ronald Baer


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Paperback, 24 Feb 1998 --  
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Step-by-step examples and illustrative case studies help you become an expert on all major aspects of financial management.. Mastering the fundamentals of financial management is a must for all managers with a stake in their companys and their own professional future. Packed with step-by-step examples and illustrative case studies, and fully updated to reflect the latest changes in tax laws and accounting requirements, Finance and Accounting for Nonfinancial Managers is the resource for every professional or student eager to acquire a comprehensive understanding of managerial finance in action. Mastering the fundamentals of financial management is a must for all managers with a stake in their companys and their own professional future. Packed with step-by-step examples and illustrative case studies, and fully updated to reflect the latest changes in tax laws and accounting requirements, Finance and Accounting for Nonfinancial Managers is the resource for every professional or student eager to acquire a comprehensive understanding of managerial finance in action. With Finance and Accounting for Nonfinancial Managers youll become an expert on all major aspects of financial management including: *long-term investment decisions *reading a balance sheet *working capital management *inventory-control policy *breakeven analysis for profit planning *mastering the accounting cycle *corporate income taxes *valuing closely held companies.

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First Sentence
The field of financial management has experienced gradual but significant change during the twentieth century. Read the first page
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Front Cover | Copyright | Table of Contents | Excerpt | Index | Back Cover
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Amazon.com: 4.3 out of 5 stars (7 customer reviews)

18 of 18 people found the following review helpful:
4.0 out of 5 stars Easy to read and understand for the non-technical person, 15 Dec 2001
By Harold McFarland - Published on Amazon.com
This review is from: Finance and Accounting for Nonfinancial Managers (Paperback)
This book does a great job of helping managers understand the financial world. It takes the basics of finance and accounting and describes them in a very non-technical and easy to understand manner. I am a degreed accountant with a strong finance and economics background and find it difficult to explain things to business owners and managers in a way that makes sense to them. This book resolves that problem. By the time they read through it once we can at least talk together and I don't feel like I am using a foreign language.
A very valuable book that should be required reading for anyone who goes into business for theirself or moves up the corporate ladder to a position where understanding these things is beneficial for their career. While it is not a treatise on the details of accounting and finance it will give you a broad enough scope to understand what you should be doing and why things work the way that they do. A recommended read.

18 of 21 people found the following review helpful:
4.0 out of 5 stars A fine overview for nontechnical managers., 6 July 1999
By A Customer - Published on Amazon.com
This review is from: Finance and Accounting for Nonfinancial Managers (Paperback)
Professor Droms has re-edited his well known book: FINANCE AND ACCOUNTING FOR NONFINANCIAL MANAGERS. I, for one, am very glad to see that it continues in print and available.

This book provides remarkable insights into why things financial are the way that they are. His examples are clear and understandable. His explanations are coherent and make sense.

Perhaps, the only critique I can make for this useful and easier to follow book, is that it is too short.

Henry H. Goldman, Ph.D.

Associate Professor, Business Administration TOURO UNIVERSITY INTERNATIONAL


5 of 6 people found the following review helpful:
5.0 out of 5 stars Great for project managers, 16 Jun 2000
By Keith Parker - Published on Amazon.com
This review is from: Finance and Accounting for Nonfinancial Managers (Paperback)
It is concise and easy to understand. Helps you understand basic accounting and business finance without having a background in accounting.
 Go to Amazon.com to see all 7 reviews  4.3 out of 5 stars 
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