The Fast Forward MBA in Finance (Paperback)

by John A. Tracy (Author) "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..." (more)
Key Phrases: fixed manufacturing overhead costs, other profit factors, unit contribution profit margin, New York, Totals Sales, Totals Per (more...)

Editorial Reviews

Product Description
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.

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.

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Product Details

• Paperback: 266 pages
• Publisher: John Wiley & Sons (May 1996)
• Language: English
• ISBN-10: 0471109304
• ISBN-13: 978-0471109303
• Product Dimensions: 10.2 x 5.3 x 0.6 inches
• Shipping Weight: 13 ounces
• Average Customer Review: 4.2 out of 5 stars See all reviews (5 customer reviews)
• Amazon.com Sales Rank: #1,396,881 in Books (See Bestsellers in Books)

Customer Reviews

Most Helpful Customer Reviews

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

This review is from: The Fast Forward MBA in Finance (Paperback)

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.

13 of 18 people found the following review helpful:

3.0 out of 5 stars To reaffirm and not teach, September 10, 1998

By A Customer

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.

4.0 out of 5 stars Innovative management approach to financial analysis., November 15, 1998

By	A Reader (Princeton, NJ) - See all my reviews

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".