Finance and Accounting for Nonfinancial Managers

by Weaver, Samuel; Weston, J. Fred

• ISBN13: 9780071364331
• ISBN10: 0071364331
• eBook ISBN(s): 9780071382595
• Edition: 1st
• Format: Hardcover
• Copyright: 2001-06-04
• Publisher: McGraw-Hill Education

Summary

J. Fred Weston provides managers and executives with the information they need to understand essential accounting principles, from vocabulary and financial statements to cash flow and valuation. Covering balance sheets, income statements, reporting measures, and even essential ratios, this practical, in-depth book provides a one-stop, reference for all aspects of finance and accounting, and will help managers take essential steps toward making informed decisions based on the numbers they face every business day.

Author Biography

Samuel C. Weaver, Ph.D., is associate professor of finance at Lehigh University, where he formerly served as the Theodore A. Lauer Adjunct Professor of Finance. He spent 20 years as an executive with Hershey Foods Corporation, serving in various capacities, including director, financial planning and analysis. He received his Ph.D. degree in Finance and Economics from Lehigh University in 1985. Dr. Weaver serves on the Board of Trustees of the Financial Management Association and was on the Board of Editors of Financial Practice and Education and Financial Management Collection. In 1999, he received the Lehigh MBA Excellence in Teaching award.

J. Fred Weston, Ph.D., is Professor Emeritus Recalled of Managerial Economics and Finance at the John E. Anderson Graduate School of Management at UCLA, where, since 1968, he has been Director of the UCLA Research Program on Takeovers and Restructuring. He received his Ph.D. degree from the University of Chicago in 1948. Dr. Weston has served as president of the American Finance Association, president of the Western Economic Association, president of the Financial Management Association, and member of the American Economic U.S. Census Advisory Committee. He has been selected as a fellow of the American Finance Association, of the Financial Management Association, and of the National Association of Business Economists, and published 147 journal articles and 31 books, including Managerial Finance, Public Policy Toward Mergers and The Art of M&A Financing and Refinancing.

Table of Contents

Part One: Accounting and Finance Fundamentals.

Chapter 1: The Role and Functions of Accounting and Finance.

Chapter 2: Financial Statements and Cash Flows.

Chapter 3: The Time Value of Money.

Chapter 4: Financial Markets and Market Efficiency.

Chapter 5: Business Organization and Taxes.

Chapter 6: Interest Rates in the International Economy.

Part Two: Financial Planning and Control.

Chapter 7: Financial Performance Metrics.

Chapter 8: Financial Working Capital Management.

Part Three: Investment and Financing Strategies.

Chapter 9: Capital Investment Decisions.

Chapter 10: Cost of Capital, Hurdle Rates, and Financial Structure.

Chapter 11: Long-Term Financing.