Syndetics cover image
Image from Syndetics

How to keep score in business : accounting and financial analysis for the non-accountant / Robert Follett.

By: Material type: TextTextPublication details: Upper Saddle River, N.J. : FT Press, c2012.Edition: 2nd edDescription: vi, 180 p. : ill. ; 23 cmISBN:
  • 0132849259 (pbk. : alk. paper)
  • 9780132849258 (pbk. : alk. paper)
Subject(s):
Contents:
Introduction: The first lesson: scores are not real dollars ; The accrual method ; But scores are important -- Glossary of key financial accounting terms -- The balance sheet: The balance sheet balances ; Acme Widget Company ; Acme Widget's year-end balance sheet ; A "trial balance" ; Constructing the balance sheet -- More balance sheet: Cost versus value ; Intangible assets ; Goodwill ; Reserves and allowances ; The going concern assumption ; Estimates are everywhere ; Purpose and perspective ; Current versus noncurrent balance ; Sheet items ; Working capital ; Average collection period ; Inventory turnover -- Still more balance sheet: The worksheet for transactions ; Trial balance worksheet ; The balance sheet ; Analyzing the balance sheet ; Balance sheet summary -- The income statement: The basic income statement ; Acme Widget's first-year income statement ; More on cost of sales ; Nonoperating income and expense ; Acme Widget's second-year income statement ; Reconciliation of retained earnings ; Analyzing income statements ; Complicating cost of sales -- Return on investment (ROI): Return on equity (ROI) ; Return on invested capital (ROIC) ; Return on assets used (ROAU) ; Cash-on-cash return ; Payback method ; Discounted cash flow or present ; Value method -- Changes in financial position -- Cash flow budget -- Other analysis ratios and tools: Profit as a percentage of sales ; Breakeven ; Current ratio ; Acid test or quick ratio ; Debt-equity ratio ; Earnings per share ; Price-earnings ratio -- A summary of what you have learned: The balance sheet ; The income statement ; Statement of changes in financial position ; Cash flow budget ; Analyzing financial reports ; Conclusion -- Appendix A. Acme Widget Company -- Appendix B. Present value tables.
Summary: Teaches how to "keep score" in business by reading and interpreting company financial reports, including balance sheets and income statements, and how to use this information for lucrative investing.
Holdings
Item type Home library Collection Call number Materials specified Status Date due Barcode Item holds
Adult Book Adult Book Main Library NonFiction 657 F667 Available 33111007059542
Total holds: 0

Enhanced descriptions from Syndetics:

In How to Keep Score in Business, Second Edition , long-time CEO Robert Follett shows you exactly how to "keep score" in business by reading and interpreting company financials. Step by step, Follett helps you capture crucial insights buried in balance sheets, income statements, and other key reports. Follett shows how to apply core tools for analyzing financial reports and investment opportunities, and demystifies key accounting terms every business decision-maker and investor needs to know. You'll learn how to uncover a company's true financial position through its balance sheet and income statements-and identify crucial information those documents may not be showing. Follett demonstrates how to use modern ROI tools to evaluate performance or analyze potential investments; how to track ongoing changes in a company's financial position; how to build cash flow budgets for more effective planning; and how to use common analysis ratios (without misusing them). Practical from start to finish, this fully updated book won't transform you into an accountant-but it will help you work more confidently with financial professionals, make smarter business decisions, and choose better investments.

Includes index.

Introduction: The first lesson: scores are not real dollars ; The accrual method ; But scores are important -- Glossary of key financial accounting terms -- The balance sheet: The balance sheet balances ; Acme Widget Company ; Acme Widget's year-end balance sheet ; A "trial balance" ; Constructing the balance sheet -- More balance sheet: Cost versus value ; Intangible assets ; Goodwill ; Reserves and allowances ; The going concern assumption ; Estimates are everywhere ; Purpose and perspective ; Current versus noncurrent balance ; Sheet items ; Working capital ; Average collection period ; Inventory turnover -- Still more balance sheet: The worksheet for transactions ; Trial balance worksheet ; The balance sheet ; Analyzing the balance sheet ; Balance sheet summary -- The income statement: The basic income statement ; Acme Widget's first-year income statement ; More on cost of sales ; Nonoperating income and expense ; Acme Widget's second-year income statement ; Reconciliation of retained earnings ; Analyzing income statements ; Complicating cost of sales -- Return on investment (ROI): Return on equity (ROI) ; Return on invested capital (ROIC) ; Return on assets used (ROAU) ; Cash-on-cash return ; Payback method ; Discounted cash flow or present ; Value method -- Changes in financial position -- Cash flow budget -- Other analysis ratios and tools: Profit as a percentage of sales ; Breakeven ; Current ratio ; Acid test or quick ratio ; Debt-equity ratio ; Earnings per share ; Price-earnings ratio -- A summary of what you have learned: The balance sheet ; The income statement ; Statement of changes in financial position ; Cash flow budget ; Analyzing financial reports ; Conclusion -- Appendix A. Acme Widget Company -- Appendix B. Present value tables.

Teaches how to "keep score" in business by reading and interpreting company financial reports, including balance sheets and income statements, and how to use this information for lucrative investing.

Powered by Koha