Expanding Financial Acumen for Non-Finance Managers
A short, practical guide that helps non-finance managers, business owners and entrepreneurs build the financial confidence to make well-informed, strategic decisions.
Expanding Financial Acumen: A Guide for Non-Finance Managers by Shihan Sheriff.
A short, practical guide for non-finance managers, business owners and entrepreneurs who want the financial confidence to make well-informed, strategic decisions - from reading financial statements to budgeting, cost management, risk and tax.
- eBook: $6.99
What is inside
- Financial Statements: Understand the balance sheet, income statement and cash flow statement, and what each one reveals about your company's financial health.
- Budgeting and Forecasting: Take part in budget planning, track actual performance against budget, and contribute to forecasting future financial outcomes.
- Cost Management: Learn how costs are allocated, controlled and managed, including direct and indirect costs and how costs behave.
- Financial Analysis: Read profitability, liquidity, solvency and efficiency ratios to judge how healthy your company really is.
- Capital Budgeting: Evaluate potential investments using Net Present Value (NPV), Internal Rate of Return (IRR) and the payback period.
- Internal Controls: Understand the controls and procedures that safeguard company assets, prevent fraud and support compliance.
- Financial Risks: Recognise interest rate, foreign exchange, credit and liquidity risks, and how they can be mitigated.
- Taxation: Get to grips with tax liabilities, tax planning opportunities and compliance requirements.
Who this book is for
- Non-Finance Managers: Seeking to enhance their financial understanding and decision-making skills
- Business Owners & Entrepreneurs: Aiming to establish and grow their businesses with sound financial practices
- Anyone Involved in Business: Who wants to make informed decisions, address financial risks, and communicate effectively with stakeholders
About the author
With 18+ years of experience in finance and accounting, Shihan has helped thousands of non-finance professionals understand the language of business. His ability to break down complex financial concepts into clear, practical insights has made him a sought-after consultant and speaker.
Shihan wrote this guide to give managers outside finance a clear, practical starting point, drawing on 18+ years in finance and accounting, including 11+ years as a CFO or VP of Finance.
Frequently asked questions
Who is this book for?
It is written for non-finance managers who want to improve their financial understanding and decision-making, business owners and entrepreneurs who want to build and grow their businesses on sound financial practices, and anyone involved in business who wants to make informed decisions, address financial risks and communicate effectively with stakeholders.
Do I need any accounting or finance background?
No. The book is written for readers outside finance and explains the core components of finance and accounting in plain language, using everyday analogies.
What topics does the book cover?
It covers why financial literacy and transparency matter in business, why financial decisions should not be left to the finance team alone, and eight areas every non-finance manager should know: financial statements, budgeting and forecasting, cost management, financial analysis, capital budgeting, internal controls, financial risks and taxation.
What format is the book available in?
You can buy the eBook (PDF, 39 pages) directly on this page and download it straight away. It is also available on Amazon as a Kindle eBook (52 pages) and as an audiobook with a virtual voice. Check the Amazon listing for current pricing and Kindle Unlimited availability.
Is there a checklist or action plan?
Yes. The book finishes with an actionable checklist, a roadmap for non-finance managers to expand their financial acumen, covering financial awareness, tools and software, understanding financial reports, budgeting and planning, decision making, professional development, team communication and ongoing learning.
Can I buy this for my team?
Yes. On the Amazon listing, use the Buy for others option to gift or purchase copies for a team or group. For team training enquiries, email info@moneymasterhq.com.