Understanding Cash Flow

About this book

PROFITS ARE AN OPINION BUT CASH IS A FACT. Understanding CASH FLOW If 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 companys 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. Youll learn: The fundamentals of cash management and how it affects the quality of a companys 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.