Organisations expect their managers to use financial data to allocate resources and run their departments. But many managers can’t read a balance sheet, wouldn’t recognize a liquidity ratio, and don’t know how to calculate return on investment. Worse, they don’t have any idea where the numbers come from or how reliable they really are.
In order to understand how your organisation is performing right now and to evaluate, assess, and devise new strategies to boost future performance, your managers need reliable information. And financial statements are a critical source of the information they need.
In direct and simple terms, Colour Accounting demystifies financial statements and concepts and shows you how you can apply this information to make better business decisions for long-term profit.
