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The book Inc. magazine calls one of "the best, clearest guides to the numbers" on the market.

Inc. magazine calls it one of "the best, clearest guides to the numbers" on the market. Readers agree, saying it's exactly "what I need to know" and calling it a "must-read" for decision makers without expertise in finance.

Since its release in 2006, Financial Intelligence has become a favorite among managers who need a guided tour through the numbers--helping them to understand not only what the numbers really mean, but also why they matter.

This new, completely updated edition brings the numbers up to date and continues to teach the basics of finance to managers who need to use financial data to drive their business. It also addresses issues that have become even more important in recent years--including questions around the financial crisis and those around broader financial and accounting literacy.

Accessible, jargon-free, and filled with entertaining stories of real companies, Financial Intelligence gives nonfinancial managers the confidence to understand the nuance beyond the numbers--to help bring everyday work to a new level.


From the Publisher

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ASIN ‏ : ‎ 1422144119
Publisher ‏ : ‎ Harvard Business Review Press; Revised ed. edition (February 19, 2013)
Language ‏ : ‎ English
Hardcover ‏ : ‎ 304 pages
ISBN-10 ‏ : ‎ 9781422144114
ISBN-13 ‏ : ‎ 978-1422144114
Item Weight ‏ : ‎ 2.31 pounds
Dimensions ‏ : ‎ 6.4 x 1.2 x 9.2 inches
Reviewer: Chad Hudson
Rating: 5.0 out of 5 stars
Title: Most approachable and helpful finance book I have read
Review: They tell great stories, explain financial concepts in a digestible manner that makes a financial book easy and enjoyable to read! I learned a significant amount from this book.I definitely recommend it.

Reviewer: Kindle Customert
Rating: 5.0 out of 5 stars
Title: Understand the numbers - Make better decisions...
Review: I do have a few years (decades) of experience in the field - and many moons ago I completed most of the coursework for Ph.d. in accounting before deciding academia was not where I wanted to be. I taught the subject at the University level for more than 5 years and now train on this subject internationally. My background also includes working as an auditor and many years wearing the corporate controllers hat. I say this because I want to make clear that this book is not just for beginners, or people without a background in the field. I recommend this book to everyone. Accounting and finance are not easy subjects especially if you jump in and start with the technical aspects of it. Put simply the better you understand the numbers - the better your business decisions will be. I view this book as providing an excellent foundation - the more you build your core knowledge of the subject the better. Remember the key in business is making better business decisions - don't be overly impressed by people who can spout GAAP at you with in terms you don't understand. The real experts can, and should, be able to translate the rules in a fashion that aids in understanding (1) why the rule is there in the first place, and (2) how it impacts you business and the decisions it makes.This book is written in a fashion that will not put even non-accountants to sleep and it paints enough pictures with examples of accounting misdeeds to keep it interesting - and to really drive home how seemingly innocuous (in some cases) changes to how transactions are recorded and paint a very different picture of the health of an organization.If you are in business / work - do yourself, your future and your business a favor by increasing your understanding of the numbers. This book is a great place to start....

Reviewer: Amazon Customer
Rating: 5.0 out of 5 stars
Title: A great book on Finance.
Review: This book is replete with financial insight. It's an easy read even for non financial executive. Highly recommended to become a financial savvy.

Reviewer: Gladiator
Rating: 4.0 out of 5 stars
Title: Fundamental managerial finance concepts explained well
Review: Managerial Finance concepts explained in easily understandable manner with well illustrated simple examples. Highly recommended book.

Reviewer: Kris
Rating: 5.0 out of 5 stars
Title: Recommend
Review: This book explains a lot about what accounting is creating in a financial statement. Helps you understand what you should be evaluating in combination with the net profit / loss.

Reviewer: Cliff Climber
Rating: 5.0 out of 5 stars
Title: Exactly what I was looking for!
Review: This was exactly what I was looking for! The best financial book I've ever read for non-financial managers. It really helped my understanding of corporate finance. I think very helpful for a small business owner as well to understand their business and starting thinking like a big business when making important financial decisions. It's important to note that this is not an accounting book (as the authors stated) and details of charts of accounts are left out. That said, it was clearly stated what the purpose was and it nailed it. I've purchased the book for my son who is in college studying business and was confused by his professors - I think it will help him clear things up. I plan on buying more for my colleagues. As crazy as it sounds, it was hard to put down - I just kept wanting to read more as it explained all the voodoo finance so well. Every business owner, sales rep, manager or anyone wishing to understand how finance is used for decision making should buy this book.

Reviewer: Vladimirror
Rating: 5.0 out of 5 stars
Title: Finance 0-100 in Under 300 Pages!
Review: This book was absolutely amazing!I took about a year of accounting courses in college, but never quite learned the intricacies of financial statement analysis. I wanted to learn not only about corporate finance, but also how to analyze financial statements. Thus, my search was on.After researching book stores and reading forums online, I learned about this book, which I looked up on Amazon.com. I love books that get straight to the point, so when I saw that this book covered corporate financial management and financial statement analysis in under 300 pages, I was in!I purchased the book from Amazon and I read it in about two weeks. I literally could not put it down. The authors speak like human beings and actually make math and finance fun and interesting. In those two weeks alone, I not only gained a better understanding of accounting, but I learned how to evaluate investments and make management decisions based on company finances.The book covers income statement analysis, balance sheet analysis, cash flow statement analysis, performance ratios, a bit of inventory management (like a financial intro to lean), and advanced capital expenditure analysis through concepts like discounted cash flow analysis.This book took me from feeling like I'd never understand certain things, to being able to discuss finance like an executive manager.I'm not kidding either, the book dives straight in and explains everything in a no nonsense approach.Financial Intelligence acted like a learning springboard for me by providing a foundation for me to read deeper into finance.I 100% recommend this book to anyone looking for a place to begin their finance studies.

Reviewer: Melinda
Rating: 5.0 out of 5 stars
Title: Book
Review: Got a lot of information about numbers and how to read your P and L

Reviewer: Suzette Singh
Rating: 5.0 out of 5 stars
Title:
Review: This book is very informative. I would recommend this to anyone in finance or looking to understand it.

Reviewer: Aziz L.
Rating: 5.0 out of 5 stars
Title:
Review: This is a must read book that I highly recommend for every person studying or practicing Finance.

Reviewer: Renato Knezevic
Rating: 5.0 out of 5 stars
Title:
Review: Very useful book, easy to read for everyone

Reviewer: Seema
Rating: 5.0 out of 5 stars
Title:
Review: Loved that the book did not just give dry definitions of financial kpis but explained how to infer health of organization from it

Reviewer: Efrain D.
Rating: 5.0 out of 5 stars
Title:
Review: If you are looking a book for personal finances this is not it. Here is a quote from the book "It's written not for would-be accountants but for people in organizations - leaders, managers, employees- who need to understand what is happening in their company from a financial perspective and who can use this information to work and manage more effectively".I made a mistake of not researching thoroughly and buy this book expecting to learn about personal finances, that's why I'll be giving 5 stars. I skipped and read some pages and can tell that is very well written, so I'll keep it for the future (i'm still in college and not experienced in business). This was the very first book I bought for finances so I can't give any recommendations about how useful or not is this book. It is has a very pretty hard red cover.

Customers say

Customers find the book helpful for understanding financial aspects and logic. They find the information clear and easy to understand, making it practical for managers at any level. The book covers finance topics like advanced capital expenditure analysis in under 300 pages. However, opinions differ on the simplicity of the material - some find it simple and straightforward, while others feel it's too basic or wordy at times.

AI-generated from the text of customer reviews

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