Chapter survival toolkit

Overview

This chapter is very straightforward. It explains why managers need to be proficient with numbers. It outlines the concepts of numerical and financial methods. It lists what you should look out for as a manager. It explains that directors, and therefore managers, have responsibilities to report financials accurately. It examines accounting principles, requirements and reporting around the world and looks at current trends. And it throws acronyms around as if they were going out of fashion. Of course, they are not. They are very much in vogue, and being familiar with a handful will stand you in good stead for meetings with bean counters.

Prerequisites

None, given that this is the first chapter in this book ...

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