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Financial Intelligence: A Manager's Guide to Knowing What the Numbers Really Mean
Financial Intelligence: A Manager's Guide to Knowing What the Numbers Really Mean
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Authors: Karen Berman, Joe Knight, John Case
Publisher: Harvard Business School Press
Category: Book

List Price: $24.95
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You Save: $11.10 (44%)
Buy New/Used from $13.39

Avg. Customer Rating: 4.5 out of 5 stars(32 reviews)
Sales Rank: 12187

Languages: English (Original Language), English (Unknown), English (Published)
Media: Hardcover
Edition: 1
Number Of Items: 1
Pages: 288
Shipping Weight (lbs): 1.4
Dimensions (in): 9.2 x 6.4 x 1.1

ISBN: 1591397642
Dewey Decimal Number: 658.1511
EAN: 9781591397649
ASIN: 1591397642

Publication Date: January 12, 2006
Availability: Usually ships in 1-2 business days

Customer Reviews:
Showing reviews 6-10 of 32
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4 out of 5 stars Good Guide to Finance Basics   November 25, 2007
  1 out of 1 found this review helpful

Many people in management today did not study for MBAs. Instead, they learned their profession on the job and have grown into senior positions. That makes for superb managers, but poor analysts of financial reports. Learning how to read and understand the "numbers" can't be overstated as a skill. And unless one has the time to go back to school and sit through countless accountancy and finance courses, the information isn't readily available. This is a great resource for learning that critical information, at least in its basic form. It is clearly written with simple examples that most people can grasp. As you might expect, it isn't riveting reading--but it sure beats the accounting and finances classes I recall.

Amie Devero Author of Powered by Principle: Using Core Values to Build World-Class Organizations



5 out of 5 stars Great readable summary for non-financial professionals who need straightforward explanations   November 9, 2007
  1 out of 1 found this review helpful

well organized easy to read summary of basic capital markets concepts simply explained.Financial Intelligence: A Manager's Guide to Knowing What the Numbers Really Mean


5 out of 5 stars A neat little primer on financial intelligence for the non-technical business manager who need to manage by the numbers.   October 27, 2007
  3 out of 3 found this review helpful


I enjoyed this book very much. It was an easy read probably because it was so well written. But maybe because I have an accounting background and this book was so simple. There definitely is a need for a book like this for non-technical business types to read and digest so they can play the game of business.

When I was in college majoring in accounting my classmates and I used to joke that we were being trained to write financial statements and reports, and the finance majors were being trained to read what we wrote. We had a chip on our shoulder because everybody knows it is easier to read something than to write it. Thus, we considered finance majors as kids seeking a "baby accounting degree." I mention this because there are a lot of people trying to play the game of business who don't have either an accounting degree or a baby accounting degree. This book is for them.

If you work in a company where you started out in sales or administrative work and now find yourself responsible for managing a Profit and Loss function, then this book is for you. Chances are you don't have an accounting or finance degree under your belt and accounting terminology, balance sheets, income statements, and cash flow reports are beyond you. You may not have even gone to college? No degrees are required for sales or administration. But to play the game of business you need to have financial intelligence. And this book will deliver for you.

If you are a wanta-be entrepreneur and you have to do market research in order to prepare a sound 25-35 page written business plan for your new company, then you have to be able to put together a financial section in your plan. To do so you must be able to read and understand your competitions' financial reports (or your estimates of what those reports would include). And you have to be able to analyze those reports so you can create similar reports for the new company that you plan to start. This book will help you be able to do that. It covers financial intelligence.

This book will also help the entrepreneur who didn't prepare a sound business plan, but should have. It's never too late to learn about accounting and the reports accountants write. Those reports help a manager manage by the numbers. So whether you have a bookkeeper keeping your books. Or Quickbooks Pro running on your PC. To learn the basics about managing by the numbers you should get a copy of this book. I highly recommend that many of my SCORE clients read a copy. 5 stars!



5 out of 5 stars Illuminating   October 10, 2007
  1 out of 1 found this review helpful

This book helps to demystify corporate accounting and arms the reader with the ability to ask the right questions for growing a profitable business.


3 out of 5 stars Excellent book ... for beginners only   June 10, 2007
  2 out of 2 found this review helpful

If you have some understanding of finance - even basic - don't expect to learn anything out of this book. I was expecting much more than that given the target audience - "managers" - and the publisher. I doubt that in today's world, a manager wouldn't have some sort of understanding of finance. Nonetheless, the book is well written, explained and organized. I had my analyst read it as an introduction and he liked it a lot.


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