Essentials of Business Finance and Accounting: A Practical Guide for the Non-Finance & Accounting Decision Maker

This is the second in a series of educational books to be used inside and outside the classroom. This book is useful for the business manager and student alike, as it will teach learners how to think about and apply management, finance, and accounting tools in a straightforward and simplified way. 

This book goes beyond the basics that the Primer on Business Finance and Accounting introduces as it provides the reader with many useful tools that are used every day in all types of organizations. 

This book is for decision-makers who simply do not have the time or the inclination to take a series of accounting and finance courses but need to quickly understand and use financial and accounting tools to help them make better decisions. 

This book is loaded with lots of simple and useful tools. As an example, this book will show you how to think about interest rates and how to use them to quickly calculate payments (both interest and principle payments), the balance of loans, the value of stocks and bonds, and how to determine the value of a business, project, or some other asset. 

In addition, this book will help you make a wise purchasing decision. What if you need to purchase some type of equipment? For example, what if you need a new phone, computer, or some other type of equipment? For example, perhaps you need to get a new heating and air-conditioning system. Regardless of the type of equipment, as is almost always the case, you will have several options to choose from and this presents a problem because each choice has different upfront costs, different recurring costs, different benefits, and each may last for different time periods. One may last for five years, while another choice will last only four years. The problem is how do you make the best decision with all of these differences? This book will give you the tools you need to make the best decision from a financial perspective. 

Finally, this book will provide you with an understanding of costs and how to calculate them. You will gain a better understanding of how costs behave and how you can manage and control costs in your area of responsibility.