This book is based on the authorÂ’s popular and highly regarded training course. It provides a clear, jargon-free introduction to all the main accounting practices that managers are now expected to understand. Packed with easy-to-follow examples, this book is essential reading for managers who have no formal accountancy training and are yet held responsible for financial matters and business decisions. The information given in this book is basic. It is not designed to turn you into an accountant, or even a book-keeper. But when you are faced with a set of accounts (management or published) you will be able to raise intelligent questions on them, and discuss them in a sensible and meaningful context. The chapters are short and easy to digest. The topics include costings, budgets, stock control, cashflow, break even analysis, and sources of finance, forecasting and financial planning, credit control, cost-cutting exercises, CAPEX, profit and loss accounts, balance sheet, and much more. The basic principles hold true for companies of all sizes and you will quickly be able to apply your new-found expertise within your working environment. By reading this book, all managers will be able to make business decisions more confidently and competently.