East, Singapore
May 2013
Aye TaiTai spotted this book in Times Bookshop yesterday - "Key Management Ratios : The 100+ Ratios Every Manager Needs To Know" by Ciaran Walsh (2008) :
According to GoodReads,
"Business ratios are the guiding stars by which you steer your company's course; they provide your targets and your standards; they direct you towards the best long-term strategies as well as the smartest short-term solutions. You can't afford to leave them to the accountants. In Key Management Ratios, top financial educator Cieran Walsh teaches you everything you need to knowabout ratios to manage your business far more effectively. This book's thoroughly updated coverage includes: financial statements, balance sheets, and P&Ls; measures and drivers of operating performance; corporate liquidity, financial strength, and cash flow; determinants of corporate value; cost,volume, and price relationships; investment ratios, acquisition analysis, and Shareholder Value-Added (SVA). Simply put, Cieran Walsh enables you to link your company's financial fundamentals to its day-to-day operations--so you can make smarter decisions based on better information."
Aye TaiTai likes the book for its clear illustration of key concepts, its comprehensive coverage of 100 ratios, and for the use of diagrams which makes it easier for idiot-proof taitais to understand.
Pssst... Aye TaiTai has already checked, the 2008 edition book is high on reserves at the National Library, with sets available only in the following libraries - Jurong, Marine Parade, Tampines and Woodlands.
As this is the fourth edition of the book, remember to get the correct edition if you are borrowing/buying the book! :)
