This work should show you how to use financial and accounting methods to get to the heart of pressing business problems. The format of the book works for today's business people, most of whom need information fast, as it is accessible, with problem grids, index, cross references, and icons. The "Fast Forward MBA" contains many examples from executives and entrepreneurs, not just academics. The format of the book should lead the reader through even the most confusing and frustrating financial dilemma
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The Fast Forward MBA in Finance Second Edition–more necessary than ever!
Even Einstein might have had a hard time making sense of the numbers that come out of the typical accounting department. These critical financial figures of a business should be presented in rational, decision–friendly accounting reports to managers. Unfortunately, accounting reports generally fall short of this mark. That′s why managers rely on John Tracy and The Fast Forward MBA in Finance to help them understand all the accounting and financial information so critical to making sound business decisions.
In this robust update of the popular first edition, Tracy explores the natural starting point for managers–the financial statements–and reveals the essential meaning of each. The financial statement framework is then expanded and modified for the decision–making functions of business managers. Practical examples illustrate how to use management models for analyzing profit, cash flow, and capital investment, all of which are clearly explained with a tight focus on the information needs of individual managers.
The Fast Forward MBA–– the compact business companion you′ll use every day!
∗ Keep up with the newest ideas in business
∗ Brush up on the basics you can′t do without
∗ Find direct, practical answers to complicated problems
JOHN A. TRACY is Professor of Accounting, Emeritus at the Leeds School of Business of the University of Colorado, Boulder. He has served as a staff accountant at Ernst & Young and is the author of the bestselling How to Read a Financial Report and Accounting for Dummies, both available from Wiley.
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