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Financial Intelligence, Revised Edition: A Manager's Guide to Knowing What the Numbers Really Mean

Description:

The book Inc. magazine calls one of "the best, clearest guides to the numbers" on the market.

Inc. magazine calls it one of "the best, clearest guides to the numbers" on the market. Readers agree, saying it's exactly "what I need to know" and calling it a "must-read" for decision makers without expertise in finance.

Since its release in 2006, Financial Intelligence has become a favorite among managers who need a guided tour through the numbers--helping them to understand not only what the numbers really mean, but also why they matter.

This new, completely updated edition brings the numbers up to date and continues to teach the basics of finance to managers who need to use financial data to drive their business. It also addresses issues that have become even more important in recent years--including questions around the financial crisis and those around broader financial and accounting literacy.

Accessible, jargon-free, and filled with entertaining stories of real companies, Financial Intelligence gives nonfinancial managers the confidence to understand the nuance beyond the numbers--to help bring everyday work to a new level.


Editorial Reviews

Review

"Nonfinancial managers will appreciate this nontechnical, in-depth guided tour through financial statements and financial concepts and analysis. -- Choice Magazine

About the Author

Karen Berman and Joseph Knight are the founders of the Los Angeles-based Business Literacy Institute. They train managers at organizations such as American Express, P&G, Pacific Life, GM and Tyco International. They have been interviewed in a wide range of print media including BusinessWeek, USA Today and the Los Angeles Times.

Reviews:

5.0 out of 5 stars Good Finance for Managers Book

J. · March 3, 2025

Very good information presented in a very readable and understandable format.

5.0 out of 5 stars Finance 0-100 in Under 300 Pages!

V. · April 30, 2016

This book was absolutely amazing!I took about a year of accounting courses in college, but never quite learned the intricacies of financial statement analysis. I wanted to learn not only about corporate finance, but also how to analyze financial statements. Thus, my search was on.After researching book stores and reading forums online, I learned about this book, which I looked up on Bolo.com. I love books that get straight to the point, so when I saw that this book covered corporate financial management and financial statement analysis in under 300 pages, I was in!I purchased the book from Bolo and I read it in about two weeks. I literally could not put it down. The authors speak like human beings and actually make math and finance fun and interesting. In those two weeks alone, I not only gained a better understanding of accounting, but I learned how to evaluate investments and make management decisions based on company finances.The book covers income statement analysis, balance sheet analysis, cash flow statement analysis, performance ratios, a bit of inventory management (like a financial intro to lean), and advanced capital expenditure analysis through concepts like discounted cash flow analysis.This book took me from feeling like I'd never understand certain things, to being able to discuss finance like an executive manager.I'm not kidding either, the book dives straight in and explains everything in a no nonsense approach.Financial Intelligence acted like a learning springboard for me by providing a foundation for me to read deeper into finance.I 100% recommend this book to anyone looking for a place to begin their finance studies.

4.0 out of 5 stars MBA student

B. · September 12, 2016

I am a young MBA student with a Finance undergrad and currently work in Financial Accounting. I thought this book to be very enjoyable to read. The author had good tone and diction, and he presented the need-to-know concepts in an easy to read format. I would suggest every non-financial manager pick this book up to sharpen their financial skills and to gain a greater understanding of how their decisions affect the business as a whole.This book details need to know information pertaining to: The 3 financial statements, ratios, and capital decisions.I only gave it 4 stars because none of this information was new to me. This would be a very useful book for a non-financial manager.

5.0 out of 5 stars Exactly what I was looking for!

C.C. · February 21, 2021

This was exactly what I was looking for! The best financial book I've ever read for non-financial managers. It really helped my understanding of corporate finance. I think very helpful for a small business owner as well to understand their business and starting thinking like a big business when making important financial decisions. It's important to note that this is not an accounting book (as the authors stated) and details of charts of accounts are left out. That said, it was clearly stated what the purpose was and it nailed it. I've purchased the book for my son who is in college studying business and was confused by his professors - I think it will help him clear things up. I plan on buying more for my colleagues. As crazy as it sounds, it was hard to put down - I just kept wanting to read more as it explained all the voodoo finance so well. Every business owner, sales rep, manager or anyone wishing to understand how finance is used for decision making should buy this book.

5.0 out of 5 stars A Must-Read for Anyone Who Wants to Truly Understand the Numbers

F. · May 12, 2025

Financial Intelligence stands out because it never assumes the reader just wants to memorize financial terms. It constantly asks why you should care. Every chapter explains not just what a concept is, but why it matters in real business decisions. This approach made the learning process meaningful and engaging. It’s rare to find a finance book that respects your time and intelligence while also making the material so accessible. I highly recommend it for anyone looking to go beyond surface-level understanding.

5.0 out of 5 stars must read for managers

N.R. · March 12, 2025

Very readable and informative. This book Distills important and complex topics into short, easy to understand chapters. I Highly recommend.

5.0 out of 5 stars Book didn’t come with a paper cover, but who cares!

P. · September 30, 2025

As someone who is currently learning on the skills of financial literacy, I can promise you that I think I found the best book ever. Thank god for that.

5.0 out of 5 stars Excellent resource for financial novice

M.W. · January 4, 2025

Just finished the book. Will definitely read again and calculate ratios using publicly available income statement and balance sheets from my company and those of competitors.

Must read it

T. · June 17, 2025

Very much impressed by the quality and the delivery.

The only finance book you need

K.W. · August 23, 2023

Highly recommend. The book lays out the key concepts of financial statements and its components, why being able to learn how to read financial statements is important, and how to actually read them. This is excellent for those who have basic understanding of finance / accounting and want to take it to the next level.

Extraordinairement limpide

A. · August 22, 2025

Avant de prendre un cours en compta (US GAAP) et de finance en MBA ou EMBA, lisez ce livre.Le meilleur livre en finance que j'ai lu jusqu'à présent.

Comprensibile e concreto logico e strutturato

F. · February 6, 2025

Super utile chiarisce molte logiche di bilancio e contabilità ed economia

THIS IS NOT A PERSONAL FINANCE BOOK

E.D. · October 24, 2020

If you are looking a book for personal finances this is not it. Here is a quote from the book "It's written not for would-be accountants but for people in organizations - leaders, managers, employees- who need to understand what is happening in their company from a financial perspective and who can use this information to work and manage more effectively".I made a mistake of not researching thoroughly and buy this book expecting to learn about personal finances, that's why I'll be giving 5 stars. I skipped and read some pages and can tell that is very well written, so I'll keep it for the future (i'm still in college and not experienced in business). This was the very first book I bought for finances so I can't give any recommendations about how useful or not is this book. It is has a very pretty hard red cover.

Financial Intelligence, Revised Edition: A Manager's Guide to Knowing What the Numbers Really Mean

Product ID: U1422144119
Condition: New

4.7

AED14882

Price includes VAT & Import Duties
Type: Hardcover
Availability: In Stock

Quantity:

|

Order today to get by 7-14 business days

Delivery fee of AED 20. Free for orders above AED 200.

Returns & Warranty policies

Imported From: United States

At BOLO, we work hard to ensure the products you receive are new, genuine, and sourced from reputable suppliers.

BOLO is not an authorized or official retailer for most brands, nor are we affiliated with manufacturers unless specifically stated on a product page. Instead, we source verified sellers, authorized distributors or directly from the manufacturer.

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Your trust is our top priority, and we are committed to maintaining transparency and integrity in every transaction.

All product information, images, descriptions, and reviews originate from the manufacturer or from trusted sellers overseas. BOLO is not affiliated with, endorsed by, or an authorized retailer for most brands listed on our website unless stated otherwise.

While we strive to display accurate information, variations in packaging, labeling, instructions, or formulation may occasionally occur due to regional differences or supplier updates. For detailed or manufacturer-specific information, please contact the brand directly or reach out to BOLO Support for assistance.

Unless otherwise stated, all prices displayed on the product page include applicable taxes and import duties.

BOLO operates in accordance with the laws and regulations of United Arab Emirates. Any items found to be restricted or prohibited for sale within the UAE will be cancelled prior to shipment. We take proactive measures to ensure that only products permitted for sale in United Arab Emirates are listed on our website.

All items are shipped by air, and any products classified as “Dangerous Goods (DG)” under IATA regulations will be removed from the order and cancelled.

All orders are processed manually, and we make every effort to process them promptly once confirmed. Products cancelled due to the above reasons will be permanently removed from listings across the website.

Similar suggestions by Bolo

More from this brand

Similar items from “Corporate Finance”

Financial Intelligence, Revised Edition: A Manager's Guide to Knowing What the Numbers Really Mean

Product ID: U1422144119
Condition: New

4.7

Financial Intelligence, Revised Edition: A Manager's Guide to Knowing What the Numbers Really Mean-0
Type: Hardcover

AED14882

Price includes VAT & Import Duties
Availability: In Stock

Quantity:

|

Order today to get by 7-14 business days

Delivery fee of AED 20. Free for orders above AED 200.

Returns & Warranty policies

Imported From: United States

At BOLO, we work hard to ensure the products you receive are new, genuine, and sourced from reputable suppliers.

BOLO is not an authorized or official retailer for most brands, nor are we affiliated with manufacturers unless specifically stated on a product page. Instead, we source verified sellers, authorized distributors or directly from the manufacturer.

Each product undergoes thorough inspection and verification at our consolidation and fulfilment centers to ensure it meets our strict authenticity and quality standards before being shipped and delivered to you.

If you ever have concerns regarding the authenticity of a product purchased from us, please contact Bolo Support. We will review your inquiry promptly and, if necessary, provide documentation verifying authenticity or offer a suitable resolution.

Your trust is our top priority, and we are committed to maintaining transparency and integrity in every transaction.

All product information, images, descriptions, and reviews originate from the manufacturer or from trusted sellers overseas. BOLO is not affiliated with, endorsed by, or an authorized retailer for most brands listed on our website unless stated otherwise.

While we strive to display accurate information, variations in packaging, labeling, instructions, or formulation may occasionally occur due to regional differences or supplier updates. For detailed or manufacturer-specific information, please contact the brand directly or reach out to BOLO Support for assistance.

Unless otherwise stated, all prices displayed on the product page include applicable taxes and import duties.

BOLO operates in accordance with the laws and regulations of United Arab Emirates. Any items found to be restricted or prohibited for sale within the UAE will be cancelled prior to shipment. We take proactive measures to ensure that only products permitted for sale in United Arab Emirates are listed on our website.

All items are shipped by air, and any products classified as “Dangerous Goods (DG)” under IATA regulations will be removed from the order and cancelled.

All orders are processed manually, and we make every effort to process them promptly once confirmed. Products cancelled due to the above reasons will be permanently removed from listings across the website.

Description:

The book Inc. magazine calls one of "the best, clearest guides to the numbers" on the market.

Inc. magazine calls it one of "the best, clearest guides to the numbers" on the market. Readers agree, saying it's exactly "what I need to know" and calling it a "must-read" for decision makers without expertise in finance.

Since its release in 2006, Financial Intelligence has become a favorite among managers who need a guided tour through the numbers--helping them to understand not only what the numbers really mean, but also why they matter.

This new, completely updated edition brings the numbers up to date and continues to teach the basics of finance to managers who need to use financial data to drive their business. It also addresses issues that have become even more important in recent years--including questions around the financial crisis and those around broader financial and accounting literacy.

Accessible, jargon-free, and filled with entertaining stories of real companies, Financial Intelligence gives nonfinancial managers the confidence to understand the nuance beyond the numbers--to help bring everyday work to a new level.


Editorial Reviews

Review

"Nonfinancial managers will appreciate this nontechnical, in-depth guided tour through financial statements and financial concepts and analysis. -- Choice Magazine

About the Author

Karen Berman and Joseph Knight are the founders of the Los Angeles-based Business Literacy Institute. They train managers at organizations such as American Express, P&G, Pacific Life, GM and Tyco International. They have been interviewed in a wide range of print media including BusinessWeek, USA Today and the Los Angeles Times.

Reviews:

5.0 out of 5 stars Good Finance for Managers Book

J. · March 3, 2025

Very good information presented in a very readable and understandable format.

5.0 out of 5 stars Finance 0-100 in Under 300 Pages!

V. · April 30, 2016

This book was absolutely amazing!I took about a year of accounting courses in college, but never quite learned the intricacies of financial statement analysis. I wanted to learn not only about corporate finance, but also how to analyze financial statements. Thus, my search was on.After researching book stores and reading forums online, I learned about this book, which I looked up on Bolo.com. I love books that get straight to the point, so when I saw that this book covered corporate financial management and financial statement analysis in under 300 pages, I was in!I purchased the book from Bolo and I read it in about two weeks. I literally could not put it down. The authors speak like human beings and actually make math and finance fun and interesting. In those two weeks alone, I not only gained a better understanding of accounting, but I learned how to evaluate investments and make management decisions based on company finances.The book covers income statement analysis, balance sheet analysis, cash flow statement analysis, performance ratios, a bit of inventory management (like a financial intro to lean), and advanced capital expenditure analysis through concepts like discounted cash flow analysis.This book took me from feeling like I'd never understand certain things, to being able to discuss finance like an executive manager.I'm not kidding either, the book dives straight in and explains everything in a no nonsense approach.Financial Intelligence acted like a learning springboard for me by providing a foundation for me to read deeper into finance.I 100% recommend this book to anyone looking for a place to begin their finance studies.

4.0 out of 5 stars MBA student

B. · September 12, 2016

I am a young MBA student with a Finance undergrad and currently work in Financial Accounting. I thought this book to be very enjoyable to read. The author had good tone and diction, and he presented the need-to-know concepts in an easy to read format. I would suggest every non-financial manager pick this book up to sharpen their financial skills and to gain a greater understanding of how their decisions affect the business as a whole.This book details need to know information pertaining to: The 3 financial statements, ratios, and capital decisions.I only gave it 4 stars because none of this information was new to me. This would be a very useful book for a non-financial manager.

5.0 out of 5 stars Exactly what I was looking for!

C.C. · February 21, 2021

This was exactly what I was looking for! The best financial book I've ever read for non-financial managers. It really helped my understanding of corporate finance. I think very helpful for a small business owner as well to understand their business and starting thinking like a big business when making important financial decisions. It's important to note that this is not an accounting book (as the authors stated) and details of charts of accounts are left out. That said, it was clearly stated what the purpose was and it nailed it. I've purchased the book for my son who is in college studying business and was confused by his professors - I think it will help him clear things up. I plan on buying more for my colleagues. As crazy as it sounds, it was hard to put down - I just kept wanting to read more as it explained all the voodoo finance so well. Every business owner, sales rep, manager or anyone wishing to understand how finance is used for decision making should buy this book.

5.0 out of 5 stars A Must-Read for Anyone Who Wants to Truly Understand the Numbers

F. · May 12, 2025

Financial Intelligence stands out because it never assumes the reader just wants to memorize financial terms. It constantly asks why you should care. Every chapter explains not just what a concept is, but why it matters in real business decisions. This approach made the learning process meaningful and engaging. It’s rare to find a finance book that respects your time and intelligence while also making the material so accessible. I highly recommend it for anyone looking to go beyond surface-level understanding.

5.0 out of 5 stars must read for managers

N.R. · March 12, 2025

Very readable and informative. This book Distills important and complex topics into short, easy to understand chapters. I Highly recommend.

5.0 out of 5 stars Book didn’t come with a paper cover, but who cares!

P. · September 30, 2025

As someone who is currently learning on the skills of financial literacy, I can promise you that I think I found the best book ever. Thank god for that.

5.0 out of 5 stars Excellent resource for financial novice

M.W. · January 4, 2025

Just finished the book. Will definitely read again and calculate ratios using publicly available income statement and balance sheets from my company and those of competitors.

Must read it

T. · June 17, 2025

Very much impressed by the quality and the delivery.

The only finance book you need

K.W. · August 23, 2023

Highly recommend. The book lays out the key concepts of financial statements and its components, why being able to learn how to read financial statements is important, and how to actually read them. This is excellent for those who have basic understanding of finance / accounting and want to take it to the next level.

Extraordinairement limpide

A. · August 22, 2025

Avant de prendre un cours en compta (US GAAP) et de finance en MBA ou EMBA, lisez ce livre.Le meilleur livre en finance que j'ai lu jusqu'à présent.

Comprensibile e concreto logico e strutturato

F. · February 6, 2025

Super utile chiarisce molte logiche di bilancio e contabilità ed economia

THIS IS NOT A PERSONAL FINANCE BOOK

E.D. · October 24, 2020

If you are looking a book for personal finances this is not it. Here is a quote from the book "It's written not for would-be accountants but for people in organizations - leaders, managers, employees- who need to understand what is happening in their company from a financial perspective and who can use this information to work and manage more effectively".I made a mistake of not researching thoroughly and buy this book expecting to learn about personal finances, that's why I'll be giving 5 stars. I skipped and read some pages and can tell that is very well written, so I'll keep it for the future (i'm still in college and not experienced in business). This was the very first book I bought for finances so I can't give any recommendations about how useful or not is this book. It is has a very pretty hard red cover.

Similar suggestions by Bolo

More from this brand

Similar items from “Corporate Finance”