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The Fast Forward MBA in Finance (Fast Forward MBA Series) [Paperback]

John A. Tracy CPA (Author)
4.2 out of 5 stars  See all reviews (5 customer reviews)


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Paperback, May 3, 1996 --  
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The Fast Forward MBA in Finance The Fast Forward MBA in Finance 4.2 out of 5 stars (5)
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Book Description

May 3, 1996 0471109304 978-0471109303 1
Numbers are the language of business. This book helps you make sense of them--fast. John Tracy is a master at pulling the meaningful figures out of the pile of numbers generated by the accounting department. Here he offers a quick review of both the basic financials as well as more advanced accounting tools, including

* Income statements and cash flow statements
* Budgeting and evaluating business investment performance
* Capital investment, operating ratios, benchmarking tools, and more

Readers will not only understand the theory behind all of these topics but see how to apply them in real situations.

JOHN A. TRACY (Boulder, Colorado) is a professor of accounting at the University of Colorado at Boulder. He is the author of the bestselling How to Read a Financial Statement which has sold over 100,000 copies.


Editorial Reviews

From the Publisher

Tracy excels in helping managers understand what the numbers mean. In his outstanding resource he offers an innovative method, accompanied by superlative graphics, to show readers how to assess the financial and business health of their enterprise. Demonstrates how to use tools to deal with such practical issues as sales price, product costs and sales volume.

From the Back Cover

Numbers are the language of business, and John Tracy is a master at pulling the important ones out of the mountain of figures generated by your accounting department. In The Fast Forward MBA in Finance, he shows you how to find the crucial numbers and make the most of them. Working within the framework of the financial statement, Tracy clearly explains how to use key financial and accounting tools and techniques to cut to the quick of all your crucial finance-related business problems.

But that's only half the story, because like all the books in this series, The Fast Forward MBA in Finance gives you the information you need when you need it most--now!

From the creators of the bestselling Portable MBA series comes The Fast Forward MBA . . .

A quick way to brush up on new ideas
* An easy-to-use format that fits in any briefcase
* Real-world information that you can put to use now!

Product Details

  • Paperback: 288 pages
  • Publisher: Wiley; 1 edition (May 3, 1996)
  • Language: English
  • ISBN-10: 0471109304
  • ISBN-13: 978-0471109303
  • Product Dimensions: 10.1 x 5.2 x 0.7 inches
  • Shipping Weight: 14.9 ounces
  • Average Customer Review: 4.2 out of 5 stars  See all reviews (5 customer reviews)
  • Amazon Best Sellers Rank: #2,678,151 in Books (See Top 100 in Books)

More About the Author

John A. Tracy is an award-winning Professor of Accounting, Emeritus, at the University of Colorado at Boulder. His other books include The Fast Forward MBA in Finance, Second Edition, Accounting For Dummies, Fourth Edition, and Accounting Workbook For Dummies, all published by Wiley.

 

Customer Reviews

5 Reviews
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Average Customer Review
4.2 out of 5 stars (5 customer reviews)
 
 
 
 
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Most Helpful Customer Reviews

28 of 28 people found the following review helpful:
4.0 out of 5 stars Innovative management approach to financial analysis., November 14, 1998
By 
A Reader (Princeton, NJ) - See all my reviews
This review is from: The Fast Forward MBA in Finance (Fast Forward MBA Series) (Paperback)
Despite the title of this book, it does not really cover the traditional "finance" topics such as weighted average/marginal cost of capital, portfolio theory, capital structure decisions, investment banking, mergers and acquisitions, etc. In my opinion, most of the book deals with managerial accounting-----but it does a great job doing so! In fact, this book contains the best treatment of cost volume profit analysis that I've ever seen----and I am a CPA with 10 years experience. I recommend this book to anyone who wants to learn how to manage a company "by the numbers".
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6 of 7 people found the following review helpful:
4.0 out of 5 stars This one needs to be on your bookshelf, October 2, 2005
By 
Tim Vancamp (Sint-Truiden, Limburg Belgium) - See all my reviews
Very useful for everybody who needs to have understanding about finance and accounting in thier day-to-day tasks. Clearly shows how managerial budgets are linked to financial reports. Furthermore it gives a basis to understand and read financial reports and takes out the important information needed for the daily management decisions and follow-ups.

The book takes you step by step and on a comprehensive way through all the necessary knowledge and skills you should have.
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13 of 19 people found the following review helpful:
3.0 out of 5 stars To reaffirm and not teach, September 10, 1998
By A Customer
This review is from: The Fast Forward MBA in Finance (Fast Forward MBA Series) (Paperback)
I felt that there was not enough spent on the subject itself and more of a dummy's version of getting acquainted with Finance. If you've ever taken one course in Finance, you wiz through the book without absorbing any more than you remembered.
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Inside This Book (learn more)
First Sentence:
Every business has three primary financial tasks that determine the success or failure of the enterprise and by which its managers are judged: Profit-achieving profit goals through making sales and controlling expenses Read the first page
Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
fixed manufacturing overhead costs, other profit factors, unit contribution profit margin, percent sales volume increase, frustrating fringe, manufacturing cost report, total net operating assets, cash flow from profit, sales price decrease, financial leverage gain, variable operating expenses, external income statements, total operating liabilities, internal income statement, unit product cost, forma changes, fixed operating expenses, total operating assets, future cash returns, management control reports, breakeven sales volume, actual income statement, total contribution margin, contribution profit margins, unit contribution margin
Key Phrases - Capitalized Phrases (CAPs): (learn more)
New York, Totals Sales, Totals Per, John Wiley, Sales-volume-driven Sales-revenue-driven, Total Raw, Totals Cash
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