In both the public and private sectors, financial competence and understanding are essential for most managers, although many of them will have received no formal training. This book provides a practical step-by-step grounding. Topics include: Profit and loss statements and balance sheets; Using accounts information; Controlling cash; Budgeting and costing.
I have read many of this type of books. I was impressed by how much useful info was packed into this one. The author write in a clear and jargon-free style, which makes it easier to understand the many concepts covered. Now with the negative points: the whole books is roughly 120 pages and, naturally, the author has had to make many compromises to stay within such a small page-count. The lack of detail limits the depth of the discussion and hence the quality of the book itself. Although, the title clearly defines the target audience, i.e. non-financial managers (who normally don't need/want to get a degree in management accounting but rather are satisfied with a general overview of the topic). I also found the daily exercises rather simplistic and sometime just plain silly. That having been said, I have learned something from this book and I would therefore recommend it to others needing to better understand business finance.