The full title of this business novel by Alan Warner is
“The Bottom Line: Practical Financial Management in Business“.
In my review posted on Amazon.co.uk, I rated this book as Four Stars. This means I think it is Good and Well Worth Reading.
Here is my book review.
Finance lessons built into a love story
This is a remarkable book in that it dresses up finance for non-financial manager style training into a romantic novel.
Yes, that’s right. Love over the management accounts.
Phil Moorley, Sales & Marketing Director and Christine Goodhart the management accountant get together when Phil has a chance to be promoted if only he had financial acumen for the top job. It may sound silly – and the story does get a bit soppy in places – but Alan Warner has done a great job of bringing in finance training into the novel format.
What You Will Learn From The Bottom Line
– The difference between financial and management accounting
– Cost classifications
– The Profit & Loss account
– Forecasting the Profit & Loss Account
– Cash flow forecasts
– The Balance Sheet
– Cash flow as the source and application of funds and return on capital employed
– Marginal costing
– Reviewing the budget
– Profit vs cash
– Investment appraisal
– Summary management information
– The shareholder’s perspective
– Measuring divisional performance
– Variance analysis
This is ideal for anyone who wants to ease themselves into finance training without having to resort to struggling with a boring accountancy textbook. I thought the finance tips that were shared were very sound but the love story may appeal more to ladies than men and they may find the romantic novel side doesn’t stack up very well.Business Books Reviews by Paul Simister (Please click). I've also narrowed these down to a list of the 12 Best Business Books For Business Owners & Entrepreneurs (Please click).
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