Provided here is a short, practical treatment of the most important topics in finance and accounting for the nonfinancial manager. It covers all aspects of the balance sheet, including bank statement reconciliation, converting future receivables into today's cash, inventory, definition and methods of depreciation, accounts payable, long-term debt, equity, etc, and discusses their meaning for the actual running of a business. The book is well organized for ready access, and includes numerous examples and diagrams.

This text provides a practical treatment of important topics in profit and loss statements. Illustrated with numerous examples, problems and diagrams, the study covers all aspects of the income statement, including gross margins, production costs, overheads, allocations and net income.