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Financial Literacy, Transparency, and Corporate Performance

We have written this book primarily to help you increase your financial intelligence and become a better manager. We firmly believe that understanding the financial statements, the ratios, and everything else we have included in the book will make you more effective in your job as an IT leader and will better your career prospects. Frankly, we also think that understanding the financial side of the business will make your work life more meaningful. You would never play baseball or backgammon without first learning how the game is played; why should business be any different? Knowing the rules—how profits are figured, why return on assets matters to shareholders, and all the rest—lets ...

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