The Manager's Pocket Calculator: A Quick Guide to Essential Business Formulas and Ratios - Softcover

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MICHAEL C. THOMSETT is the author of several books including The Little Black Book of Project Management, The Real Estate Investor’s Pocket Calculator, The Stock Investor’s Pocket Calculator, and Getting Started in Options. He is a former accounting and financial services professional and consultant.

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As a manager, you’re called upon all the time to justify budgets, estimate returns, prepare forecasts, and many more tasks that boil down to hard numbers. And although you might be good with the concepts behind these critical management roles, what about the math itself? If you’re not working with the numbers, you’re only doing half your job—and you may be seriously hampering your career.

But you can transform yourself from a competent manager into an invaluable and irreplaceable business asset almost overnight with The Manager’s Pocket Calculator. Prepared specifically for managers in non-finance departments and roles, this potentially career-saving tool helps you perform what might be the most important facet of your job: the specific application of formulas and ratios to the management decisions you make every day. The Manager’s Pocket Calculator contains more than 100 of these formulas, complete with step-by-step instructions and clear examples, for use in:

•Preparing and justifying departmental budgets

•Explaining variances

•Determining financial requirements and analyzing performance

•Preparing financial reports and presentations demonstrating financial outcomes and estimates based on analysis of current processes, proposed expansion, cost-cutting projects, and other potential parameters

•Communicating with accounting, auditing and other financial experts both internally and externally on financial matters

•And much more

These days, your success as a manager boils down to the reality of one number: the bottom line. If you want a better understanding of (and real skill with) the numbers that influence it, you’ll find The Manager’s Pocket Calculator a practical and indispensable tool for every management decision you make.

Michael C. Thomsett is the author of The Real Estate Investor’s Pocket Calculator, The Stock Investor’s Pocket Calculator, and dozens of other books on business, project management, investing, and accounting. He is a former accounting and financial services professional and consultant.