Profit And Loss
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Author | : Stuart Warner |
Publisher | : Pearson UK |
Total Pages | : 345 |
Release | : 2017-04-21 |
Genre | : Business & Economics |
ISBN | : 1292123656 |
The Finance Book will help you think and manage like a financial strategist. Written specifically for non-finance professionals, it will give you all you need to know to manage your business more effectively and think more strategically. It will help you to: Have the confidence to read and interpret financial statements Ask the right questions about financial performance Apply important financial tools and ratios Learn how to think financially and make better strategic financial decisions Covering business finance, accounting fundamentals, budgeting, profitability and cash management, you'll find the tools you need in order to make the best financial decisions for your business. The full text downloaded to your computer With eBooks you can: search for key concepts, words and phrases make highlights and notes as you study share your notes with friends eBooks are downloaded to your computer and accessible either offline through the Bookshelf (available as a free download), available online and also via the iPad and Android apps. Upon purchase, you'll gain instant access to this eBook. Time limit The eBooks products do not have an expiry date. You will continue to access your digital ebook products whilst you have your Bookshelf installed.
Author | : Ludwig Von Mises |
Publisher | : Ludwig von Mises Institute |
Total Pages | : 59 |
Release | : 2008 |
Genre | : Capitalism |
ISBN | : 1610163567 |
In 1951, Mises gave an outstanding paper that made the summary case for the price system under capitalistic economic systems. In "Profit and Loss," he explains how cost accounting is the critical institution that ferrets out social waste, ensures that resources are directed to their most highly valued ends, and how entrepreneurs respond to price signals. His presentation is systematic, relentless, logical, and ultimately devastating to the opponents of profit and loss. He explains what it is that entrepreneurs confront in a market economy and how no bureaucratic institution can replicate the trial-and-error process that is at the heart of the market system. He weaves into his analysis the role of the consumer as the final arbiter of what is produced and distributed. Behind Mises's presentation was a burning desire to not only persuade the world but the attendees of the Mont Pelerin Society meeting in particular, whom Mises suspected were losing touch with core truths about the market order. The great merit of this essay is its brevity and passion. It explains the workings of what most people never think about or take for granted. Graduate students of economics have appreciated this essay for many years as the best summary of the technical side of the market. -- from Mises Institute website
Author | : Michael Stone |
Publisher | : Craftsman Book Co |
Total Pages | : 316 |
Release | : 1999-01-01 |
Genre | : Technology & Engineering |
ISBN | : 9781572180710 |
In order to succeed in a construction business you have to be able to mark up the price of your jobs to cover overhead expenses and make a decent profit. The problem is how much to mark it up. You don't want to lose jobs because you charge too much, and you don't want to work for free because you've charged too little. If you know how much to mark up you can apply it to your job costs and arrive at the right sales price for your work. This book gives you the background and the calculations necessary to easily figure the markup that is right for your business. Includes a CD-ROM with forms and checklists for your use.
Author | : Peter Nash |
Publisher | : John Wiley & Sons |
Total Pages | : 377 |
Release | : 2017-09-22 |
Genre | : Business & Economics |
ISBN | : 1118939794 |
Improve the Effectiveness of your Product Control Function Effective Product Control is a detailed how-to guide covering everything you need to know about the function. Considered essential reading for: New controllers entering the profession Auditors and regulators reviewing product control Established controllers wanting a refresher on the latest skills and core controls within the industry. Encompassing both a technical skills primer and key insights into core controls used to mitigate major risks emanating from trading desks, you will get expert advice on practical topics such as: The key IFRS and U.S. GAAP accounting standards for a trading desk How to approach the pricing of a financial instrument Market risk and how is it quantified The controls necessary for a trading desk Rogue trading and how it can be detected Valuation adjustments and why they are necessary How the prices used to value a trading portfolio are independently verified The financial accounting entries used to record financial instruments in the balance sheet and profit & loss statement Financial reporting and how the results of a trading desk are presented How a new financial product can be introduced in a controlled manner Complete with a wealth of insightful graphs, illustrations and real-world examples to enliven the covered material, the dependable answers you need are in Effective Product Control.
Author | : Stuart Warner |
Publisher | : Pearson UK |
Total Pages | : 537 |
Release | : 2022-04-01 |
Genre | : |
ISBN | : 1292401990 |
THE KNOWLEDGE AND TOOLS EVERY PROFESSIONAL NEEDS, TO MAKE BETTER FINANCIAL AND BUSINESS DECISIONS. Why this book is different to other finance books: • Quick and easy to use • Spotlights “what you need to know” • Requires no prior finance knowledge • Practical and real-world focus • Written by practitioners No knowledge required The book is purposefully designed to be quick and easy to use with no previous knowledge required to comprehend the concepts. We “tell you what you need to know” to quickly “get up to speed” in core finance concepts. A key feature of this book is that you do not have read it from cover to cover to make sense of finance. Each chapter is written as a “standalone” topic. This enables you to dip in and dip out of chapters. Further, we have taken otherwise complex topics and broken them down into key concepts that are explained in concise, easy to read sections. Practitioners not academics Whilst not an academic book, it is also not a “simplistic” book. It is a practical book because it has been written by practitioners. We include throughout this book our first-hand personal experiences gained from working in businesses across many industries and sectors, rather than replicating knowledge from academia. In addition, the authors have spent countless hours instructing, teaching and training thousands of professionals from disciplines including marketing, sales, production, administration, HR and legal. Focused on business application The overwhelming majority of finance books available are better suited to trainee accountants because they take an academic approach to finance. Whilst necessary for accountants, they immerse the reader in the “detail”. The Finance Book is written for non-finance people like you. It is aimed at those who work or aspire to work in business. It will help professionals in business or thinking about a career in business including board directors, business managers, MBA students, graduates and undergraduates. Your book, your journey To make the book easy to read, we have used a consistent format across chapters. Within each chapter there are multiple cross references (and links) to other relevant chapters as they occur. This will enable you to review chapters and make connections relevant to you. Allow your curiosity to determine your path through the book. THE KNOWLEDGE AND TOOLS EVERY PROFESSIONAL NEEDS, TO MAKE BETTER DECISIONS FOR THEIR BUSINESS
Author | : Leontia Flynn |
Publisher | : Random House |
Total Pages | : 66 |
Release | : 2011-09-01 |
Genre | : Literary Criticism |
ISBN | : 1448112818 |
Celebrated as an unusually original poet - nervy, refreshing, deceptively simple - Leontia Flynn has quickly developed into a writer of assured technical complexity and a startling acuity of perception. In her third collection, Flynn examines and dismantles a fugitive life. The first sequence moves through a series of rooms, reflecting on aspects of the author's personal and family history. Using the idea of the haunted house or the house with a sealed-off room, and Gothic tropes of madness, doubles, revenants and religious brooding, the poems consider ideas of inheritance and legacy. The second section comprises a magnificent long poem written in the months leading up to the banking crisis and presidential election of October 2008. Taking as its occasion a flat-clearing, it assumes a more public voice (inspired partly by Auden's 'Letter to Lord Byron'), and reflects on aspects of the rapid social and technological change of the last decade. An extraordinarily moving reflection on mutability and mortality prompted by the spring-cleaning of a life's detritus, 'Letter to Friends' evolves from a private reliquary to a public obsequy. Its collapse back into private griefs, including the poet's father's decline into Alzheimer's disease, is pursued in the third section of the book. Here the theme of a tallying of private and public balance sheets, of different kinds of profit and loss, widens to include poems of motherhood and marriage, the possibilities of hope and repair.
Author | : Mike Michalowicz |
Publisher | : Penguin |
Total Pages | : 225 |
Release | : 2017-02-21 |
Genre | : Business & Economics |
ISBN | : 073521414X |
Author of cult classics The Pumpkin Plan and The Toilet Paper Entrepreneur offers a simple, counterintuitive cash management solution that will help small businesses break out of the doom spiral and achieve instant profitability. Conventional accounting uses the logical (albeit, flawed) formula: Sales - Expenses = Profit. The problem is, businesses are run by humans, and humans aren't always logical. Serial entrepreneur Mike Michalowicz has developed a behavioral approach to accounting to flip the formula: Sales - Profit = Expenses. Just as the most effective weight loss strategy is to limit portions by using smaller plates, Michalowicz shows that by taking profit first and apportioning only what remains for expenses, entrepreneurs will transform their businesses from cash-eating monsters to profitable cash cows. Using Michalowicz's Profit First system, readers will learn that: · Following 4 simple principles can simplify accounting and make it easier to manage a profitable business by looking at bank account balances. · A small, profitable business can be worth much more than a large business surviving on its top line. · Businesses that attain early and sustained profitability have a better shot at achieving long-term growth. With dozens of case studies, practical, step-by-step advice, and his signature sense of humor, Michalowicz has the game-changing roadmap for any entrepreneur to make money they always dreamed of.
Author | : Daniel Menaker |
Publisher | : HarperCollins |
Total Pages | : 236 |
Release | : 2013-11-19 |
Genre | : Biography & Autobiography |
ISBN | : 054779424X |
A New York Times Book Review Editors’ Choice “At the epicenter of literary New York, Menaker is an irreverent guide to the publishing world’s inner workings . . . His own journey, compelled by his self-knowledge and sense of humor, elevates this memoir into more than witty chatter.” — Chicago Tribune “Impossible to resist.” — Jennifer Egan, author of A Visit from the Goon Squad In these pages Daniel Menaker brings us a “ruefully funny insider’s tour of the publishing world” (Vogue.com). Haunted by a self-doubt sharpened by his role in his brother’s unexpected death, he offers wry, hilarious observations on publishing, child-rearing, parent-losing, and the writing life. But as time passes, we witness a moving, thoughtful meditation on years well lived, well read, and well spent. Full of mistakes, perhaps. But full of effort, full of accomplishment, full of life. “Tender, smart and witty, this book is truly unputdownable.” — Real Simple “Energetic and exhilarating . . . [Menaker’s] clever, fast-paced prose makes you stop and think and wonder.” — New York Times Book Review “At once jaunty and erudite . . . The writing simply shines.” — San Francisco Chronicle
Author | : Mitchell Franklin |
Publisher | : |
Total Pages | : 1056 |
Release | : 2019-04-11 |
Genre | : |
ISBN | : 9781680922912 |
The text and images in this book are in grayscale. A hardback color version is available. Search for ISBN 9781680922929. Principles of Accounting is designed to meet the scope and sequence requirements of a two-semester accounting course that covers the fundamentals of financial and managerial accounting. This book is specifically designed to appeal to both accounting and non-accounting majors, exposing students to the core concepts of accounting in familiar ways to build a strong foundation that can be applied across business fields. Each chapter opens with a relatable real-life scenario for today's college student. Thoughtfully designed examples are presented throughout each chapter, allowing students to build on emerging accounting knowledge. Concepts are further reinforced through applicable connections to more detailed business processes. Students are immersed in the "why" as well as the "how" aspects of accounting in order to reinforce concepts and promote comprehension over rote memorization.
Author | : Ramachandran |
Publisher | : Tata McGraw-Hill Education |
Total Pages | : 0 |
Release | : 2009-12 |
Genre | : |
ISBN | : 9780070680197 |
How to Read a Profit and Loss Statement focuses on Income Statement or P&L Statement, one of the chief indices of profitability of a business, and a key driver of strategic organizational decisions. The book covers:*Definition, overview, and importance of a P&L statement*Key components of a P&L statement and methods of computation*Relationship between balance sheet and P&L statement*Analysis of P&L statement of a manufacturing concern*Exercises with answer keys