ESSENTIAL READING FOR ANYONE WHO IS NOT A FINANCE PROFESSIONAL

Accounting fundamentals, business finance, budgeting, profitability and cash management.

You’ll find all the essential tools you need in order to make better financial business decisions.

A finance for non-finance book

The Finance Book de-mystifies the language of finance.

It is aimed primarily at professionals from a non-finance background and will also appeal to those wishing to pursue a career in business or finance. Finance professionals will also find it to be a handy reference guide.

• interpret financial terminology
• understand financial statements
• analyse financial performance
• discuss finance concepts with confidence in the workplace
• make more-informed financial decisions
• ask the right questions to the right people

• The book is designed to be quick and easy to use.
• It does not have to be read from cover to cover.
• Readers can “dip in and out” of the book
• Each finance topic is written as a “standalone” chapter
• Each chapter is broken down into sub-sections beginning with “Need to know”
• The reader can quickly understand each topic.

What’s new in the 2nd edition of ‘the finance book’?

Follow this link to find out what is new in the second edition.

Further resources for readers

Follow this link
for the authors reflections
on the ‘reflect and embed’ questions
contained within each chapter.

KNOWLEDGE AND TOOLS TO MAKE BETTER BUSINESS DECISIONS

The Finance Book covers:

• fundamentals of finance

• – personnel, systems, accounting and cash

• financial statements and key terminology

• – profit and loss account; balance sheet; cash flow statement; and their key components

• how to assess financial health

• – key financial performance measures and how these affect business value

• sources of business finance

• – equity; debt; and alternatives.

• financial management

• – best practice financial management techniques employed by successful businesses.

• financial and regulatory environment

• – rules, regulations, responsibilities and best practice in running a company

Key features of ‘The Finance Book’

• The Finance Book is specifically designed as an easy to use “go to” book.
• Each bite-size section tells you what you need to know about a finance concept and why it matters.
• Each section is cross referenced, enabling you to create a personalised pathway through the book.

Listen to our interview about ‘The Finance Book’ on Jazz FM Business Breakfast

The Finance Book Contents

Finance fundamentals
1 Business accounting
2 Finance personnel and systems

Primary financial statements
3 Profit and loss
4 Balance sheet
5 Cash flow statement

Key elements of financial statements
6 Revenue recognition
7 Opex and capex
8 Business tax
9 Tangible fixed assets and depreciation
10 Goodwill and other intangibles
11 Stock
12 Debtors and creditors
13 Prepayments and accruals
14 Provisions & contingent liabilities
15 Capital and reserves
16 Group accounting
17 Revaluation
18 Impairment

Financial and regulatory environment

19 Accounting and financial reporting standards
20 External financial audit
21 Information in the public domain
22 Corporate governance and whistle blowing

Assessing financial health
23 Profitability performance measures
24 Working capital and liquidity management
25 Insolvency and going concern risk
26 Long term solvency performance measures
27 Investor ratios
28 Business valuation

Sources of business finance
29 Equity finance
30 Debt finance

Financial management
31 Management accounts
32 Profitable pricing
33 Profit planning
34 Budgeting and forecasting
35 Investment appraisal

Practical application
36 Consolidate and apply
37 The reliability, relevance & trustworthiness of financial statements

Appendix

Greggs plc 2020 Financial Statements
Glossary
Full index

Authors

Stuart Warner BSc (Hons) FCA
Si Hussain BSc (Hons) FCA

Publishers

FT Publishing (Pearson)

ISBN-10 ‏ : ‎ 1292401982
ISBN-13 ‏ : ‎ 978-1292401980

Where you can buy ‘The Finance Book’

Avaiable from all good book shops on the high street and online.

Endorsments for ‘The Finance Book’ (1st edition)

“Reduces the time required by management in order to understand the essentials of accounting and finance, enabling them to spend more time to focus on their core business”.
Nasser Abbas, Joint Managing Director, Gearhouse SA (Pty) Ltd

“This book is set out clearly and is often transformational. This is the go-to source for clarity on how Financial Language and Structures relate to real life business situations.”
Derek Ion, Projects Director, Annesbrook Holdings Ltd (N.Z.).

“If you need a clear introduction to the critical concepts of finance then this book delivers it. A highly intuitive structure means readers can dip in and out and learn as they go.”
Ken Lee, Head of European Equity Research, Barclays

“A really helpful, well organised and easy to understand primer and reference book for those who aren’t accountants but still need to understand the accounts.”
Roger Siddle,, Chairman, Cordium Group

“Language is a key to understanding any field of specialty, in this book Hussain and Warner have managed to distill principles of Finance and Accounting in such a way that the language that often mystifies non-practitioners is clearly explained and meaningful. I wish I had access to this this book when I started my career in management. The Finance Book is an excellent reference and a handy resource for any professional, it will be indispensable to aspiring manager. In the business-world accountancy and finance are the ring that binds managers, this book clarifies and explains concepts, for many it covers familiar territory but for most non-financial professionals it will also provide the information to fill the inevitable gaps in our knowledge. Hussain and Warner explain in a straightforward and clear manner the concepts that baffle many managers from a non-financial background early in their careers. The language of business is presented unambiguously with relevant examples that enable the reader to quickly grasp, and embed concepts.”
André Snoxall, Director, Russau Consulting

“A Great book. At last a guide that demystifies and encourages business owners to practically understand financial matters. A must read.”
Gordon Vater CEO, RiiG Limited

“This is fantastic! Full of real-time insights for business people who haven’t studied accountancy.”
Daniel Feather, Partner, EY London

“I wish I had a book like this at the start of my career! The bite sized summaries at the start of each chapter are a smart time saver for any busy business professional.”
Ben Grover, Finance Director, UBM EMEA

“Essential reading for any non-finance professional. This is an easy to read and practical guide to the world of finance.”
Paul Herman, Group CEO, Bluebox Corporate Finance

“As an experienced CFO I can see the business value in all employees, not just those in finance, having financial awareness and understanding. The Finance Book does an excellent job in making finance accessible and articulating clearly its relevance in practice.”
Phil Mickler, CFO, Jack Wills

“A clear, concise and straightforward introduction to the world of accounting and finance – which, to non-accountants, too often seems nothing of the sort’.
Tessa Park, Technical Partner, Kingston Smith LLP

“The financial aspect of business is so important. This invaluable book helps make finance simple and understandable and is a must read.”
Martin Port, CEO, BigChange Apps

Read sample content from the first edition of The Finance Book

For further information, enquiries about speaking, training, media, content or other questions

Please contact us at enquiries@financebook.co.uk