THE
ESSENTIALS
OF
FINANCE
AND
ACCOUNTING
FOR
NONFINANCIAL
MANAGERS
This Page Intentionally Left Blank
THE
ESSENTIALS
OF
FINANCE
AND
ACCOUNTING
FOR
NONFINANCIAL
MANAGERS
EDWARD FIELDS
American Management Association
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᭧ 2002 Edward Fields
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Printing number Bookz ISBN: 0814471226
**********
Contents
Introduction 1
Part 1: Understanding Financial Information
1. The Balance Sheet 15
2. The e Statement 38
3. The Statement of Cash Flows 43
4. Generally Accepted Accounting Principles: A
Review 51
5. The Annual Report and Other Sources of
Incredibly Valuable Information 55
Part 2: Analysis of Fin
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