A Useful Guide to Finance for the Non-Financial ManagerAuthors: Richard Polom
Who or what is a non-financial manager? It is difficult to think of any management role in any organisation that does not involve some financial responsibility or responsibility for action that has financial consequences.
One of the purposes of this guide, therefore, is to present a wider view of finance and its impact on everyone working in, or with, a business organisation.
This guide is aimed at people who want to:
This guide is selective in the areas covered; it is not an instruction manual in accounting or finance. It will use simplified examples and exercises to explain the terminology and concepts used throughout finance.
The intention is to provide a comprehensive overview of the main concepts in Financial and Management Accounting, with some introduction of topics relevant to management control and decision-making.
Firstly, there will be an overview of the main finance areas and the role they perform, followed by discussion as to how financial information can be used to improve organisational performance.
There are many publications that cover any or all of these in greater depth, if you have the time and the need to study them. We hope this brief introduction will provide you with some practical knowledge and the interest to take things further.
Upon completion you will be able to:
This Useful Guide will therefore:
About the Author
Richard Polom is an interim manager and industry consultant - with special expertise in:
He is the also the author of...