The essentials of finance and accounting for nonfinancial managers

Cover -- Title -- Copyright -- Contents -- Introduction -- Organization of the Book -- Additional Background -- Accounting Defined -- Generally Accepted Accounting Principles -- Financial Analysis -- Some Additional Perspectives on the Planning Process -- Part 1: Understanding Financial Information -- 1. The Balance Sheet -- Expenses and Expenditures -- Assets -- Important Accounting Concepts Affecting the Balance Sheet -- Liabilities -- Stockholders' Equity -- Total Liabilities and Stockholders' Equity -- Additional Balance Sheet Information -- Analysis of the Balance Sheet -- A Point to Ponder -- 2. The Income Statement -- Analysis of the Income Statement -- 3. The Statement of Cash Flows -- Sources of Funds -- Uses of Funds -- Statement of Cash Flows -- Analyzing the Statement of Cash Flows -- 4. Generally Accepted Accounting Principles: A Review and Update -- The Fiscal Period -- The Going Concern Concept -- Historical Monetary Unit -- Conservatism -- Quantifiable Items or Transactions -- Consistency -- Full Disclosure -- Materiality -- Significant Accounting Issues -- 5. The Annual Report and Other Sources of Incredibly Valuable Information -- The Annual Report -- The Gilbert Brothers: The Original Shareholder Activists -- Modern-Day Activists -- The 10-K Report -- The Proxy Statement -- Other Sources of Information -- The Securities and Exchange Commission -- Part 2: Analysis of Financial Statements -- 6. Key Financial Ratios -- Statistical Indicators -- Financial Ratios -- Liquidity Ratios -- Ratios of Working Capital Management -- Measures of Profitability -- Financial Leverage Ratios -- Revenue per Employee -- Ratios: Quick and Dirty -- 7. Using Return on Assets to Measure Profit Centers -- Assets -- Revenue -- After-Tax Cash Flow (ATCF) -- Return on Assets: Its Components -- A Business with No ''Assets'' -- 8. Overhead Allocations.