Financial Intelligence book by Karen Berman, Joe Knight, and John Case

Description

Financial Intelligence, Revised Edition: A Manager’s Guide to Knowing What the Numbers Really Mean is a book by Karen Berman, Joe Knight, and John Case that helps non-financial managers understand financial statements and use them to make better decisions.

The book is divided into three parts:

• Part I: The Language of Finance
• Part II: Using Financial Statements
• Part III: Financial Analysis

In Part I, the authors explain the basic terms and concepts of finance, such as assets, liabilities, equity, revenue, and expenses. They also discuss the different types of financial statements, such as the balance sheet, income statement, and cash flow statement.

In Part II, the authors show how to use financial statements to analyze a company’s financial health. They discuss topics such as profitability, liquidity, solvency, and efficiency.

In Part III, the authors provide more advanced financial analysis techniques, such as ratio analysis and break-even analysis.

The book is written in a clear and concise style, and it is full of real-world examples to help readers understand the concepts. It is an essential resource for any non-financial manager who wants to understand the numbers and make better decisions.

Here are some of the things that reviewers have said about the book:

• “A must-read for decision makers without expertise in finance.” – Inc. magazine
• “The best, clearest guide to the numbers on the market.” – BusinessWeek
• “A valuable tool for anyone who wants to understand how to read and use financial statements.” – The Wall Street Journal

If you are a non-financial manager who wants to understand the numbers and make better decisions, then I highly recommend reading Financial Intelligence, Revised Edition.

Here are some additional thoughts on the book:

• The book is well-organized and easy to follow.
• The authors use clear and concise language, and they avoid using jargon.
• The book is full of real-world examples to help readers understand the concepts.
• The book is comprehensive, covering a wide range of financial topics.
• The book is up-to-date, reflecting the latest changes in financial reporting standards.

Overall, I think Financial Intelligence, Revised Edition is an excellent resource for non-financial managers who want to understand the numbers and make better decisions. I highly recommend it.