Finance and Accounting for Nonfinancial Managers

Packed with step-by-step examples and illustrative case studies, and updated to reflect the latest changes in economic policy and the financial landscape, Finance and Accounting for Nonfinancial Managers is a nuts-and-bolts guide for managers, entrepreneurs, seasoned executives, teachers, and students alike. William G. Droms and Jay O. Wright's definitive guide to financial analysis and management is now revised throughout and features a new chapter on the Dodd-Frank Act and JOBS Act, bringing the book up to date for the post-recession economy while still covering all major aspects of financial management, including: Reading a Balance Sheet Mastering the Accounting Cycle Making Long-term Investment Decisions Conducting Breakeven Analysis for Profit Planning Calculating the Cost of Capital Evaluating Closely Held Companies and much more.

William G. Droms is the John Powers Jr. Professor of Finance at the McDonough School of Business, Georgetown University. An internationally recognized corporate finance and investment management consultant, he has designed and delivered executive development programs to thousands of managers in a wide variety of trade and professional associations, corporations, and financial institutions.Jay O. Wright is an adjunct professor of finance at the McDonough School of Business, Georgetown University. After earning a JD from the University of Chicago, he worked on Wall Street as both a mergers and acquisitions attorney and investment banker. For the last decade, he has been an entrepreneur, founding and leading companies in the technology, telecommunications, software, real estate, and education industries while serving on a number of corporate and charitable boards.

"An outstanding presentation of the fundamental tools and techniques of financial analysis essential to success in any business or non-profit organization."-John R. Venusti, Security Analyst, JP Morgan Equity Research

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