Finance & Accounting for Nonfinancial Managers (Paperback)

by William G. Droms (Author) "The field of financial management has experienced gradual but significant change during the twentieth century..." (more)
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Editorial Reviews

Product Description

Mastering the fundamentals of financial management is a must for all managers with a stake in their company’s and their own professional future. Packed with step-by-step examples and illustrative case studies, and fully updated to reflect the latest changes in tax laws and accounting requirements, Finance and Accounting for Nonfinancial Managers is the resource for every professional or student eager to acquire a comprehensive understanding of managerial finance in action.With Finance and Accounting for Nonfinancial Managers you’ll become an expert on all major aspects of financial management including: long-term investment decisions reading a balance sheet working capital management inventory-control policy breakeven analysis for profit planning mastering the accounting cycle corporate income taxes valuing closely held companies

--This text refers to an out of print or unavailable edition of this title.

About the Author
William G. Droms is the John Powers, Jr., Professor of Finance at Georgetown University School of Business. An internationally recognized corporate finance and investment management consultant, he has designed and delivered executive development programs to thousands of managers in a wide variety of trade and professional associations, corporations, and financial institutions. He lives in Annapolis, Maryland. --This text refers to the Paperback edition.

Product Details

• Paperback: 244 pages
• Publisher: Addison-Wesley Pub (T); 3rd edition (February 1990)
• Language: English
• ISBN-10: 0201523663
• ISBN-13: 978-0201523669
• Product Dimensions: 9 x 6.1 x 0.8 inches
• Shipping Weight: 12.8 ounces
• Average Customer Review: 4.0 out of 5 stars See all reviews (4 customer reviews)
• Amazon.com Sales Rank: #2,158,116 in Books (See Bestsellers in Books)

Customer Reviews

Most Helpful Customer Reviews

15 of 15 people found the following review helpful:

4.0 out of 5 stars Easy to read and understand for the non-technical person, December 15, 2001

By	Harold McFarland (Florida) - See all my reviews (TOP 50 REVIEWER)    (REAL NAME)

This review is from: Finance And Accounting For Nonfinancial Managers: Fourth Edition (Paperback)

This book does a great job of helping managers understand the financial world. It takes the basics of finance and accounting and describes them in a very non-technical and easy to understand manner. I am a degreed accountant with a strong finance and economics background and find it difficult to explain things to business owners and managers in a way that makes sense to them. This book resolves that problem. By the time they read through it once we can at least talk together and I don't feel like I am using a foreign language.
A very valuable book that should be required reading for anyone who goes into business for theirself or moves up the corporate ladder to a position where understanding these things is beneficial for their career. While it is not a treatise on the details of accounting and finance it will give you a broad enough scope to understand what you should be doing and why things work the way that they do. A recommended read.

18 of 20 people found the following review helpful:

4.0 out of 5 stars A fine overview for nontechnical managers., July 6, 1999

By A Customer

This review is from: Finance And Accounting For Nonfinancial Managers: Fourth Edition (Paperback)

Professor Droms has re-edited his well known book: FINANCE AND ACCOUNTING FOR NONFINANCIAL MANAGERS. I, for one, am very glad to see that it continues in print and available.

This book provides remarkable insights into why things financial are the way that they are. His examples are clear and understandable. His explanations are coherent and make sense.

Perhaps, the only critique I can make for this useful and easier to follow book, is that it is too short.

Henry H. Goldman, Ph.D.

Associate Professor, Business Administration TOURO UNIVERSITY INTERNATIONAL

5 of 5 people found the following review helpful:

5.0 out of 5 stars Great for project managers, June 16, 2000

By	Keith Parker (Strongsville, Ohio) - See all my reviews

This review is from: Finance And Accounting For Nonfinancial Managers: Fourth Edition (Paperback)

It is concise and easy to understand. Helps you understand basic accounting and business finance without having a background in accounting.