Introduction
Many non-financial managers have an accounting phobia …a financial vertigo that limits their effectiveness. If you think “inventory turn” means rotating stock on the shelf, and that “accrual” has something to do with the Wicked Witch of the West, then this book’s for you.
Financial Statements: A Step-by-Step Guide to Understanding and Creating Financial Reports is designed for those business professionals (1) who know very little about accounting and financial statements, but feel they should, and those (2) who need to know a little more, but for whom the normal accounting and financial reporting texts are mysterious and unenlightening. In fact, the above two categories make up the majority of all people in business. You are not ...
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