Name: Business Finance for Managers von R Fitzgerald
SKU: 9780749438500
Price: 12.49 EUR
Availability: InStock

Business Finance for Managers Zusammenfassung

Business Finance for Managers R Fitzgerald

A source of guidance for the business manager, this volume offers practical advice on all aspects of financial planning, control and decision-making. This third edition is written in an accessible style for the non-specialist and covers: the balance sheet; the profit and loss of a business; financial control; capital investment decisions; taxation and financial decisions; and mergers and take-overs. The work aims to show the reader how to interpret, control and utilise finances effectively while maintaining quality and service.

Business Finance for Managers Bewertungen

'a well-researched, businesslike and thoroughly professional read...[makes] accountancy seem so easy' Accountancy Age; '...illuminating and profitable reading' Transport Training

Über R Fitzgerald

Ray Fitzgerald is a chartered accountant. He runs his own consulting business specializing in shareholder value analysis and capital project appraisal. He has carried out consulting and management development activities in more than 20 countries, and his client list includes many large multinationals.

Inhaltsverzeichnis

Preface Acknowledgements 1. Introduction Crucial errors in finance The content and sequence of the book PART I. THE PURPOSE AND CONTENT OF FINANCIAL STATEMENTS 2. The profit and loss account The profit and loss account The measurement of profit or loss The nine major types of income Expenditure Statement of total recognized gains and losses 3. The balance sheet Misconceptions about the balance sheet Key items in the balance sheet Financing the assets What a balance sheet does not tell you Summary Other balance sheet items 4. The cash flow statement The eight categories of cash flows Reconciliations Strategic cash flow planning Complications in preparing cash flow statements Summary 5. Cash forecasting A cash forecasting example Presenting cash forecasts in funding negotiations Control against cash forecasts Summary PART II. TESTING FINANCIAL STATEMENTS 6. Ratio analysis Financial stability ratios Profitability ratios Trends in the financial structure Productivity ratios Competitiveness ratios Investment ratios Types of investment strategy Summary 7. Working capital The real meaning of working capital Over-trading Working capital ratios Effective management of working capital Summary PART III. FINANCIAL PLANNING AND CONTROL 8. Budgeting The purposes of budgeting Length of budget period Key elements of a good budgeting process The sequence of budgeting The purchasing and production budget Zero-based budgeting Cost reduction The final elements of the budgeting process Summary 9. Financial control Variances Departures from budget The qualities of an effective financial control system Summary 10. Total costing Principles of cost attribution with more than one product or service The cost centre approach Activity based costing Transfer pricing Summary 11. Contribution costing Using the fixed and variable cost classification to set sales targets Capacity costs and their effect on a profit forecast Operating leverage Summary PART IV. FINANCE TECHNIQUES FOR DEVELOPING THE ORGANIZATION 12. Capital investment decisions The appraisal tools Errors in forecasting project cash flows The impact of forecasting errors on project viability The weighted average cost of capital (WACC) Profitability index Accept/reject criteria in project evaluation The 10 priorities of an excellent approach to capital investment Summary 13. Financial strategy and shareholder value Competitive advantage Shareholder value The standard shareholder value model The real drivers of growth Strategic initiatives that help to enhance shareholder value Linking value enhancement to remuneration Shareholder value in a diversified business Summary 14. Foreign currency transactions and translations The risks associated with foreign currency transactions Types of transactions Recording transactions Exchange risks and rewards Summary 15. Mergers and acquisitions Reasons for take-over activity: the buyer perspective The valuation of businesses in take-over negotiations Exchange mechanisms Group accounts Special considerations in mergers and acquisitions 'Unbundling' Summary 16. Any other business Corporation tax Group accounts Deferred tax Leased assets Pension funds The life of a business Summary of our meeting Appendix

Zusätzliche Informationen

Sku

GOR004266559

ISBN 13

9780749438500

ISBN 10

0749438509

Titel

Business Finance for Managers R Fitzgerald

Autor

R Fitzgerald

Zustand

Gebraucht - Sehr Gut

Bindung

Broschiert

Verlag

Kogan Page Ltd

Datum

20020913

Anzahl der Seiten

456

Preise

N/A

Begleitschreiben

Die Abbildung des Buches dient nur Illustrationszwecken, die tatsächliche Bindung, das Cover und die Auflage können sich davon unterscheiden.

Hinweis

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