Financial Books

Written by Patricia Tunstall
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Financial books are a lot cheaper than financial consultants! Of course, there is no substitute for conversation, and the give-and-take of a discussion. Books do fulfill two very important functions, however.

First, they are a relatively inexpensive and rapid path to self-education. A business manager never knows all there is to know about the accounting methods used in the company, or the financial analysis that is required to run a profitable company. Once read, financial books offer an always-available review of budgeting, budgeted cash flow from profit, and budgeted balance sheet.

Experts at Hand

Second, some of the best business leaders in the nation have written bestselling financial books. Their experience and advice are invaluable. The principles of business and leadership that propelled them to prominence are a primer for other business professionals.

Many experts, from chief executive officers (CEOs) to controllers, have written books containing excellent legal, technical, and business advice. Books on financial reporting, cash flow, accounting formulas, and governmental requirements, constitute a mini-library providing expert information and financial advice. A manager can look up a fine point about audit trails, or delve into a new area of knowledge, perhaps, implementing effective internal controls.

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