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
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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.
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