The McGraw-Hill 36-Hour Course : Finance for Non-Financial Managers 3/E /

This fully revised and updated third edition of The McGraw-Hill 36-Hour Course: Finance for Nonfinancial Managers provides a firm grasp on what all the numbers really mean. Designed to let you learn at your own pace, it walks you through. -The essential concepts of finance, so you can ask intelligen...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autores principales: Shoffner, H. George (Autor), Shelly, Susan (Autor), Cooke, Robert A. (Autor)
Formato: Electrónico eBook
Idioma:Inglés
Publicado: New York, N.Y. : McGraw Hill LLC, [2011]
Edición:Third edition.
Colección:McGraw-Hill's AccessEngineeringLibrary.
Temas:
Budget in business.
Financial statements.
Business enterprises > Finance.
Corporations > Finance.
Electronic books.
Acceso en línea:Texto completo
Tabla de Contenidos:
  • Preface xiii
  • 1. Numbers, Numbers, Numbers: The Why and the How
  • Statistics and Numbers That Confound Us
  • Scores: Numbers We Enjoy
  • Simplicity Makes It Easier
  • Going into Business (Our Novel)
  • Basic Concept (Cash Accounting and Accrual Accounting)
  • Report Version
  • Report Version
  • When to Use and Not Use Cash Accounting
  • A Few Basic Terms
  • Financial Statements and Reports
  • Generally Accepted Accounting Principles (GAAP)
  • A Move to Replace GAAP with International Accounting
  • Who Makes the Rules? Who Defines GAAP?
  • Summary
  • Review Questions
  • Case Study Question
  • 2. Keeping Score: Sales
  • What Is a Sale?
  • Types of Sales
  • Cash Sale
  • Credit Sale (Sale on Account)
  • Consignment (Sale?)
  • Secured Sale
  • Floor Plan Sale
  • Sale of Services
  • Long-Term Contracts
  • Reduction of Sales
  • Bad Debts
  • Sales Returns
  • Sales Allowances
  • Warranties
  • Cash Discounts (Also Called Sales Discounts)
  • Reports
  • How to Fudge the Sales Figures
  • Summary
  • Review Questions
  • Case Study Question
  • 3. Keeping Score: Cost of Sales
  • Cost of Goods Sold
  • Inventory
  • Inventory Value (FIFO/LIFO)
  • Inventory Value (Average Cost)
  • Lower of Cost or Market
  • Freight on Purchases
  • Discounts on Goods Purchased
  • Trade Discount
  • Volume Discount
  • Purchase Discount
  • Cost of Services
  • How to Fake a Reduction in Cost of Goods Sold
  • Summary
  • Review Questions
  • Case Study Question
  • 4. Keeping Score: Expenses
  • Expenses: What Are They? How Are They Reported?
  • Expense Classification, in General
  • Alphabetical or Size Order
  • Detailed, by Department or Division
  • Fine-Tuning a Departmentalized Report
  • Controllable and Uncontrollable Expenses
  • Summary Reports (Just the Essentials)
  • Variable and Fixed Expenses, Breakeven Point
  • Contribution Margin
  • Direct and Indirect Expenses
  • Summary
  • Review Questions
  • Case Study Question
  • 5. Equipment and Other Things That Will Be Around for Years
  • Depreciation: How Much Does It
  • Cost to Have the Stuff Around?
  • Which Way to Compute Depreciation?
  • Straight-Line Depreciation
  • 200 Percent (or Double) Declining Balance Depreciation
  • 150 Percent Declining Balance Depreciation
  • Other Declining Balance Methods
  • Sum-of-the-Years Digit Method
  • Units of Production Depreciation
  • Group Depreciation
  • Tax Depreciation vs. Financial Depreciation
  • Small Bits and Pieces of Equipment
  • Reserve for Depreciation
  • When the Equipment Is Sold, Lost, Junked, or Stolen
  • Trade-Ins
  • Repair or Refurbishment of Equipment
  • Intangibles (Profit-Making Things That Aren?t There)
  • Summary
  • Review Questions
  • Case Study Question
  • 6. Buying, Leasing, or Doing Without
  • Justifying the Purchase of Equipment
  • Payback Method
  • Time Value of Money
  • Time Value of Money Computations
  • Present Value Method of Evaluating
  • Investment in Equipment
  • Internal Rate of Return
  • Repair or Replace
  • Leasing: Painless (?) Purchasing
  • A Word on Income Tax Lease Rules
  • A Budgeting Communication Problem
  • Summary
  • Review Questions
  • Case Study Question
  • 7. The Balance Sheet
  • What?s a Balance Sheet? What Does It Mean?
  • Assets
  • Cash
  • Accounts Receivable
  • Inventory
  • Prepaid Expenses
  • Property and Equipment
  • Intangible Assets
  • Other Assets
  • The Current Concept
  • Liabilities
  • Borrowing from the Bank (or Uncle Harry)
  • Financing by Suppliers (Accounts Payable)
  • Accrued Expenses
  • Deferred Income
  • Income Taxes Payable and Deferred
  • Working Capital
  • Notes to the Financial Statements
  • Equity?The ??Balance?? Part
  • Summary
  • Review Questions
  • Case Study Question
  • 8. Ownership and Equity
  • Make a Killing in Equity?
  • Building Equity
  • Statement of Change in Owner?s Equity
  • Equity in a Partnership
  • Limited Liability Company (LLC)
  • Corporate Equity
  • Why Have Corporations?
  • The Board of Directors
  • Starting a Corporation and Issuing Shares of Stock
  • The Equity Section of the Corporate Balance Sheet
  • Using Stock and Stock Options as a Medium of Exchange
  • Dilution of a Stockholder?s Interest
  • Variations in Common Stock
  • Valuation of Common Stock
  • Publicly Traded Stock
  • Privately Held Stock
  • Book Value of Common Stock
  • Types of Corporations
  • Summary
  • Review Questions
  • Case Study Question
  • 9. Budgeting/Planning
  • What Is Budgeting?
  • Keeping Score
  • The Starting Point
  • The Spouse House Company Plan
  • Long-Range Plan
  • Short-Range Plan
  • Resulting Sales Budget
  • Cost of Goods Sold Budget
  • Expense Budget
  • Selling Expense Budget
  • Warehouse Expense Budget
  • General and Administrative Expense Budget
  • Budget Summary
  • Zero-Based Budgeting
  • Summary
  • Review Questions
  • Case Study Question
  • 10. Budget Reporting and More Budgets
  • Warning
  • Budget Reports
  • Reports, Reports, and More Reports
  • Flexible Budgets
  • Cash Budget
  • Revising the Cash Budget
  • Other Budgets
  • Let the Accountants Worry with the Budget?
  • Obligation of Budgeted Amounts
  • Transaction Steps
  • Summary
  • Review Questions
  • Case Study Question
  • 11. Manufacturing and Construction
  • Cost of a Manufactured Spouse House
  • Costs/Expenses?Which Went Where?
  • Inventories and Fluctuating Costs
  • Unit Costs
  • Standard Costs
  • Variations in Standard Costs and Budgets
  • Segregation of Variable and Fixed Factory Overhead Costs
  • Allocation of Overhead by Labor Hours
  • Controllable and Uncontrollable Costs
  • Other Methods and Systems
  • Process Costs/Job Costs
  • Process Costs
  • Job Costs
  • Work-in-Process Inventory
  • The Contracting Business
  • Completed-Contract Method of Computing Income
  • Percentage-of-Completion Method of Computing Income
  • Government Contracts
  • Summary
  • Review Questions
  • Case Study Question
  • 12. Analysis of an Enterprise
  • The Income Statement
  • The Balance Sheet
  • Retained Earnings Statement
  • Ratios
  • Current Ratio
  • Quick Ratio
  • Inventory Turnover
  • Accounts Receivable Turnover
  • Days of Receivables
  • Interest Coverage
  • Debt-to-Equity Ratio
  • Return on Assets
  • Return on Equity
  • Profit Margin
  • Earnings per Share
  • Price-to-Earnings Ratio
  • Cash Flow Statement
  • Notes to the Financial Statements
  • Alternative Ratios and Other Financial Tools Popularized
  • in the 1990s
  • Earnings Before Interest, Taxes, Depreciation,
  • and Amortization (EBITDA)
  • Price-to-Future-Earnings Ratio
  • Pro Forma Financial Statements
  • Can You Trust the Financial Statements?
  • Summary
  • Review Questions
  • Case Study Question
  • Special Topic: What Do Auditors
  • Do?Or Should They Do?
  • ??Auditor?? or ??Accountant???
  • Types of Auditors
  • Independent Auditors
  • Internal Auditors
  • How Auditors Audit
  • Sampling
  • Third-Party Confirmations
  • Examination of Internal Control
  • Financial Ratios
  • Professional Judgment
  • Unintentional Errors
  • Intentional Errors (Fraud)
  • The Results of an Audit
  • Auditors? Opinion Reports That Are Less Than Pure
  • When Audits Fail to Find Faults
  • Auditors Have Conflicts of Interest
  • Failure of Management?s Role in the Audit Process
  • The Emerging Solution: More Government Control!
  • Changes to the SEC
  • Changes Required of Publicly Held Corporations
  • Changes to CPA Firms That Audit Publicly
  • Held Corporations
  • Less Hanky-Panky in the Boardroom?
  • Appendix A: Flexible Budget Computations
  • Appendix B: Sources of Industry Averages
  • Appendix C: Sources of Information on Publicly
  • Held Corporations
  • Appendix D: Dates Pertinent to Dividends on
  • Publicly Held Stock
  • Appendix E: Classes of Common Stock and
  • Preferred Stock
  • Appendix F: Goodwill
  • Appendix G: Nonprofit Organizations
  • Answer Key to Review Questions and Case Studies
  • Glossary
  • Index.

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