Finance and Accounting for Nonfinancial Managers All the Basics You Need to Know

In the current environment of cut-throat competition, razor-thin profit margins, and increasing scrutiny from stakeholders, mastering the fundamentals of financial management is a must for everyone with a stake in their companies and in their own professional futures. Packed with step-by-step examples and illustrative case studies, and updated to reflect the latest trends in the economy and in financial policy, Finance and Accounting for Nonfinancial Managers is a nuts-and-bolts guide for managers, entrepreneurs, seasoned executives, teachers, and students alike. Featuring new commentary on corporate accountability, updated interactive templates, study questions, and an online instructor's guide, this new edition covers all the key aspects of financial management.

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.