The Portable MBA in Finance and Accounting eBook: Theodore Grossman, John Leslie Livingstone: Kindle Store
The most comprehensive and authoritative review of B-School fundamentals—from top accounting and finance professors
For years, the Portable MBA series has tracked the core curricula of leading business schools to teach you the fundamentals you need to know about business-without the extreme costs of earning an MBA degree. The Portable MBA in Finance and Accounting covers all the core methods and techniques you would learn in business school, using real-life examples to deliver clear, practical guidance on finance and accounting. The new edition also includes free downloadable spreadsheets and web resources.
If you’re in charge of making decisions at your own or someone else’s business, you need the best information and insight on modern finance and accounting practice. This reliable, information-packed resource shows you how to understand the numbers, plan and forecast for the future, and make key strategic decisions. Plus, this new edition covers the effects of Sarbanes-Oxley, applying ethical accounting standards, and offers career advice.
• Completely updated with new examples, new topics, and full coverage of topical issues in finance and accounting—fifty percent new material
• The most comprehensive and authoritative book in its category
• Teaches you virtually everything you'd learn about finance and accounting in today's best business schools
Whether you’re thinking of starting your own business or you already have and just need to brush up on finance and accounting basics, this is the only guide you need.
- Format: Kindle Edition
- File Size: 10627 KB
- Publisher: Wiley; 4 edition (October 8, 2009)
- Sold by: Amazon Digital Services
- Language: English
- ASIN: B002SKZBM2
- Text-to-Speech: Enabled
Practical easy-to-understand guide to key topics
Well written explanations of important subjects, such as how to find essential information in financial statements, how to price products and make profitable bids, legally minimizing taxes for your small business, managing financial risks with options, hedges and derivatives, using your computer for financial analysis, etc. etc. Why spend time and money for an MBA when its all here.
This book is the best in its class.
This book has the quality of a one year course in finance and accounting. Even if you have only a high school diploma you can understand it. Don’t let this comment fool you. The authors of this book have made complex concepts seem simple.
I liked it
I liked the way the book didn’t get bogged down in too much math. The capital budgeting chapters were clear, much more to the point than the textbooks I tried to read.
A good overview of key concepts
As an undergraduate, I studied political science; as a graduate student, I studied history (among other things) – however, few if any of my classes ever dealt with the actual mechanics of business, despite dealing with business in a more general sense (as it would fit in the context of history and politics). I decided that it was important to learn some of the basic concepts of business administration, and the Portable MBA series by John Wiley & Sons publishers fit the bill.
This book on finance and accounting is a tricky read at times – it tries to present what is in essence a numerical enterprise in language that a liberal arts graduate would understand, with a minimum of mathematics. Despite my liberal arts background, I am actually also well trained in math, so I found this occasionally frustrating. However, I can see the purpose in it. The first section deals with understanding such basics as financial statements, cost-profit-volume analysis, activity-based costing, budgetary issues, and how computers work (generally speaking) in the area of accounting and finance. The second section looks at planning and forecasting – this is a real help in understanding the financial pages of the newspaper, and also provides some insight for understanding what the government statistics that are released on financial and budgetary matters mean. The third section looks at issues of finance more narrowly, at things such as mergers and acquisitions (sometimes big in the news), public offerings of stock, just what a board of governors/directors does, and what bankruptcy means (how can major corporations go bankrupt and still be flying, for example?).
The authors who contributed to this volume have both academic and professional experience, and tend to do a good job at explaining things in terms that the non-professional can understanding. Anyone with a basic undergraduate background should find this volume accessible. However, accounting is a world of its own, and takes some effort to understand, so I will not make the assertion that this book is an easy one to read.
While I am far from being able to help anyone with their accounting homework, I am pleased that I am able to understand the terminology and concepts as accounting instructors at my college discuss their lesson plans and instructional issues. This book is in large part responsible for that.
Balanced and packed
This book has what you will need in a portable MBA. It is selective, has scope and completeness and is fast paced. You will need to be very focused to read it but that is only expected.
Excellent Book and memory refresher
I wish I had a photographic memory and that I remembered everything I learned in school 15 years ago, but thankfully, I don’t have to because I have the portable MBA to refresh my memory. I highly recommend this book. I’d recommend this to even those without an Accounting or Finance degree in order to have a greater understanding of how their company is run – or even running their own company’s financial decisions.
Great Book, but very technical.
Tired of reading finance books that are light on detail? Then look no further. I noticed while thinking about this review that the dust jacket reads: “…even if you have no prior background in finance and accounting you’ll quickly learn how to…understand and use financial derivatives…serve as a director of a corporation…take your company public.” That’s a pretty tall order. But then, it is 658 pages and published by Wiley (technical publisher). I think a more accurate statement would be: “If you have prior background in finance or accounting and want to brush up on …” Unless your very smart, or can spend a lot of time reading and re-reading the material, I just don’t think this book will make your ready to use financial derivatives, serve as a director of a corporation, or take your company public. I give it 4 stars, in part because of the awesome charts and graphs.
Works great for Executive MBAs
I bagan using the Portable MBA in Finance and Accounting for Executive MBA students in the Fall of 2007. A number of my students found the previous book difficult to understand. The Portable MBA answered their questions and brought together the subjects of accounting and finance better than any other book that I have found. It is this combination of the two subjects that are necessary for a top tier CFO and by extension to all who work with the CFO.
The book is thorough and brought rave reviews from students who had used other books and found them lacking. It is the right book for an aspiring C level executive regardless of discipline.