The Managers Pocket Calculator: A Quick Guide to Essential Business Formulas and Ratios - Softcover

Thomsett, Michael

Softcover

ISBN 10: 0814416357 ISBN 13: 9780814416358

Publisher: AMACOM, 2010

Synopsis

Your success or failure is reflected in one number: the bottom line. So you’d better get a handle on the numbers that influence it. The Manager’s Pocket Calculator gives you the essentials of budgeting and forecasting, financial analysis, reporting, interest and rate-of-return calculation, statistics, and more.

Not just an overview, the book contains more than 100 formulas and ratios with numerical examples, spreadsheet entries, and step-by-step calculations. The Manager’s Pocket Calculator trains you in the application of mission-critical business fundamentals, better preparing you to:

• Create and justify budgets
• Excel in planning meetings concerning financial performance
• Craft reports and presentations demonstrating financial outcomes
• Communicate with internal and external accounting, auditing and other financial entities

An indispensable, everyday business tool, The Manager’s Pocket Calculator makes you more than a manager. It makes you a powerful architect of your organization’s financial stability.

About this title

About the Author

ANDREW J. SHERMAN is a partner in the Washington, D.C., office of Jones Day and an internationally recognized authority on the legal and strategic issues of emerging and established companies. He has been interviewed by The Wall Street Journal, USA Today, Forbes, Time, and other publications, and is the author of Raising Capital (978-0-8144-0856-8).

From the Back Cover

As a manager, you’re called upon all the time to justify budgets, estimate returns, prepare forecasts, and many more tasks that boil down to hard numbers. And although you might be good with the concepts behind these critical management roles, what about the math itself? If you’re not working with the numbers, you’re only doing half your job—and you may be seriously hampering your career.

But you can transform yourself from a competent manager into an invaluable and irreplaceable business asset almost overnight with The Manager’s Pocket Calculator. Prepared specifically for managers in non-finance departments and roles, this potentially career-saving tool helps you perform what might be the most important facet of your job: the specific application of formulas and ratios to the management decisions you make every day. The Manager’s Pocket Calculator contains more than 100 of these formulas, complete with step-by-step instructions and clear examples, for use in:

•Preparing and justifying departmental budgets

•Explaining variances

•Determining financial requirements and analyzing performance

•Preparing financial reports and presentations demonstrating financial outcomes and estimates based on analysis of current processes, proposed expansion, cost-cutting projects, and other potential parameters

•Communicating with accounting, auditing and other financial experts both internally and externally on financial matters

•And much more

These days, your success as a manager boils down to the reality of one number: the bottom line. If you want a better understanding of (and real skill with) the numbers that influence it, you’ll find The Manager’s Pocket Calculator a practical and indispensable tool for every management decision you make.

Michael C. Thomsett is the author of The Real Estate Investor’s Pocket Calculator, The Stock Investor’s Pocket Calculator, and dozens of other books on business, project management, investing, and accounting. He is a former accounting and financial services professional and consultant.

Edition details

• Publisher: AMACOM
• Publication date: 2010
• Language: English
• ISBN 10: 0814416357
• ISBN 13: 9780814416358
• Binding: Paperback
• Number of pages: 288