Complex spreadsheets and financial reports can seem overwhelming and confusing. But more and more managers and business owners are required to prepare, understand or interpret financial data. In plain language and using practical examples, we show you the core skills you need, and explain what you need to know, and when. We show you how to track your costs, manage your budgets as well as interpret and prepare financial reports. You'll learn how a budget can save you money and help you plan, and how to use financial data to identify trends in your business. This book will help you * Identify and control your costs and cash flow * Prepare accurate & useful budgets * Understand and interpret profit & loss accounts * Read a balance sheet and corporate accounts
