The Fast Forward MBA in Finance

By John A. Tracy

Book Overview

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.

• Format: Paperback
• Language: English
• ISBN: 0471109304
• ISBN13: 9780471109303
• Release Date: May 1996
• Publisher: Wiley
• Length: 288 Pages
• Weight: 0.90 lbs.
• Dimensions: 0.7" x 5.3" x 10.2"

Customer Reviews

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This one needs to be on your bookshelf

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.

Should be entitled Managerial Accounting

Great, straightforward approach to explaining what managers do, and should, look for in the numbers periodically generated by their accounting systems.

Innovative management approach to financial analysis.

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".