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Minding the Corporate Checkbook: A Manager's Guide to Executing Successful Business Investments by Steven R. Kursh

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A. Accounting and Finance: Some Background on Tools of the Trade

There's no business like show business, but there are several businesses like accounting.David Letterman

At this point, you have read the book and are ready to put the Business Investment Roadmap to use in making investments at your company. Although you do not need a background in accounting and finance to use the Business Investment Roadmap, you do need to get certain information from your company's financial statements. With this in mind, this Appendix is meant to give you an overview of financial statements and their component parts. It focuses on the elements that are most affected by investments and how these effects translate into cash flows and shareholder value creation. ...

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