Finance and Accounting for Nonfinancial Managers: All the Basics You Need to Know

by Jay Wright, Jay O. Wright, William G. Droms

Book Overview

In the current environment of cut-throat competition, razor-thin profit margins, and increasing scrutiny from stakeholders, mastering the fundamentals of financial management is a must for everyone with a stake in their companies and in their own professional futures. Packed with step-by-step examples and illustrative case studies, and updated to reflect the latest trends in the economy and in financial policy, Finance and Accounting for Nonfinancial...

• Format: Paperback
• Language: English
• ISBN: 0465078982
• ISBN13: 9780465078981
• Release Date: June 2015
• Publisher: Basic Books
• Length: 336 Pages
• Weight: 0.95 lbs.
• Dimensions: 1.0" x 5.9" x 9.1"
• Age Range: 18 years and up
• Grade Range: Postsecondary and higher

Customer Reviews

Easy to read and understand for the non-technical person

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.

Great for project managers

It is concise and easy to understand. Helps you understand basic accounting and business finance without having a background in accounting.

A fine overview for nontechnical managers.

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