Publisher's Synopsis
PROFITS ARE AN OPINION, BUT CASH IS A FACT.Understanding CASH FLOWIf the term "cash flow" has always remained uncomfortably vague in your mind, Understanding Cash Flow will give you, quickly and simply, a firm grasp of this crucial index of a company's health and direction. It covers, in detail, the process, the terminology, and the internal and external players in the flow of cash through a company. You'll learn: * The fundamentals of cash management and how it affects the quality of a company's earnings * How to read cash flow statements * How cash balances are analyzed and monitored-including internal controls over cash receipts and disbursements, plus bank account reconciliation and activity analysis * How to avoid the pitfalls of granting credit-evaluating customer credit, sources of credit information, and overall credit policy * How to prevent fraud and waste * And much more! Understanding Cash Flow is a part of the new Wiley series, Finance Fundamentals for Nonfinancial Managers-designed to serve managers, owners, investors, students and others by explaining clearly and concisely what they need to know about important areas of cash flow management.;Other titles in the series will cover income statements, return on investment, budgeting, and balance sheets.
