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Finance and Accounting for NonFinancial Managers, 3rd Edition by Eliot H. Sherman

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 1 

Introduction to Finance

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Learning Objectives

By the end of this chapter, you should be able to:

•  Define and use basic financial terms and concepts.

•  Identify the key financial statements and explain their content.

•  State the key accounting equations and explain their purposes.

•  Describe the different forms of business structure and recognize similarities and differences among them.

•  Identify the two types of annual reports and describe how they are communicated to shareholders.

OVERVIEW

Change is a given in business today, and managers are expected to do more and understand more than they ever had to in the past. How often ...

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