As an HR manager, you're expected to use financial data to make decisions, allocate resources, and budget expenses. This guide provides you with an understanding of the basics of financial management and measurement.

Autorentext

Karen Berman and Joe Knight founded the Business Literacy Institute. They train managers at some of America's biggest and best-known companies. John Case has written or collaborated on several successful books. He has also written for Inc., Harvard Business Review, and other business publications.

Inhalt

Preface: What is Financial Intelligence? xi PART ONE The Art Of Finance (and why it matters)

1. You Can't Always Trust the Numbers
2. Spotting Assumptions, Estimates, and Biases
3. Why Increase Your Financial Intelligence?
   Part One Toolbox PART TWO The (Many) Peculiarities Of The Income Statement
4. Profit Is an Estimate
5. Cracking the Code of the Income Statement
6. Revenue: The Issue Is Recognition
7. Costs and Expenses: No Hard-and-Fast Rules
8. The Many Forms of Profit
   Part Two Toolbox PART THREE The Balance Sheet Reveals The Most
9. Understanding Balance Sheet Basics
10. Assets: More Estimates and Assumptions (Except for Cash)
11. On the Other Side: Liabilities and Equity
12. Why the Balance Sheet Balances
13. The Income Statement Affects the Balance Sheet
    Part Three Toolbox PART FOUR Cash Is King
14. Cash Is a Reality Check
15. Profit ? Cash (And You Need Both)
16. The Language of Cash Flow
17. How Cash Connects with Everything Else
18. Why Cash Matters
    Part Four Toolbox PART FIVE RATIOS: Learning What the Numbers Are Really Telling You
19. The Power of Ratios
20. Profitability Ratios: The Higher the Better (Mostly)
21. Leverage Ratios: The Balancing Act
22. Liquidity Ratios: Can We Pay Our Bills?
23. Efficiency Ratios: Making the Most of Your Assets
    Part Five Toolbox PART SIX How to Calculate (and Really Understand) Return on Investment
24. The Building Blocks of ROI
25. Figuring ROI: The Nitty-Gritty
    Part Six Toolbox PART SEVEN Applied Financial Intelligence: Working Capital Management
26. The Magic of Managing the Balance Sheet
27. Your Balance Sheet Levers
28. Homing In on Cash Conversion
    Part Seven Toolbox PART EIGHT Creating A Financially Intelligent Department (And Organization)
29. Financial Literacy and Corporate Performance
30. Financial Literacy Strategies
    Appendix: Putting it into Practice
    Notes
    Acknowledgments
    Index
    About the Authors