Friday, December 13, 2013

Key Management Ratios, 4th Edition (Financial Times Series), Ciaran Walsh

http://www.amazon.com/gp/product/0273719092/ref=as_li_ss_tl?ie=UTF8&camp=1789&creative=390957&creativeASIN=0273719092&linkCode=as2&tag=freemanagementzon-20


With over 33,000 copies sold, Key Management Ratios is a market “classic”. This new edition is re-packaged with a new jacket design to revitalise the Key Management brand and new two-colour internals make it more readable and visually appealing.

Key Management Ratiosis an antidote to any fear of finance. Drawing data from 200 companies worldwide, the book brings clarity and simplicity to its explanation of every measure and shows how they all link together to drive your business.

From cash flow and profit to ROI and ROTA, its unique approach remains as classic as ever, bringing a simple and visual understanding to a complex subject.

From the Back Cover
Financial measures are critical for business success and if you’re a manager, for your career. That may scare some people. But here’s the good news: there is a relatively small number of essential management ratios with which you can measure any aspect of business performance you need to. If you can master these, you will have a firm grip of business finance and need never be put off by the numbers again.

Key Management Ratios cuts straight to the measures that matter. It shows you what they are and explains exactly how they show just what’s going on in your company. Its clarity of explanation and unique visual presentation will help you quickly understand everything you need to know about business ratios.

THE CLEAREST GUIDE TO THE CRITICAL NUMBERS THAT DRIVE YOUR BUSINESS

About the Author
Ciaran Walsh is Senior Specialist Finance at the Irish Management Institute, Dublin. He is trained both as an economist and an accountant and had 15 years industry experience before joining the academic world. His work with senior managers over many years has enabled him to develop his own unique approach to training corporate finance. As a consequence, he has lectured in most European countries, and the Middle East. His main research interest is to identify and computerize the links that tie corporate growth and capital structure into stock market valuation.

If ever there was an un-putdownable book in financial management, this is it.

The author has extremely clear fundamentals, and makes it very easy to follow his logic every step of the way.

The introductory chapters on accounting are the best I have come across. The industry benchmarks are extremely useful. It would be great if we had a newer edition, with updated benchmarks, and a more industry-specific break up (e.g. software)

This book is a must-have for MBAs, under-grads, managers, small business owners, and just about anyone who needs to analyze ratios.

I'm very impressed with Mr. Walsh book (review based on 3rd print). I have never come across a textbook on this subject which made the links between balance sheet, income statement and cashflow so much clear right from the beginning. The set-up of the book is great with clear pictures accompanied with explanatory text. Whenever I have to review a certain term, just seeing the graphics brings it all back.

Product Details :
  • Series: Financial Times Series
  • Paperback: 408 pages
  • Publisher: FT Press; 4 edition (January 24, 2009)
  • Language: English
  • ISBN-10: 0273719092
  • ISBN-13: 978-0273719090
  • Product Dimensions: 9.1 x 6.1 x 0.9 inches

More Details about Key Management Ratios, 4th Edition (Financial Times Series)

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