Financial Ratios

There has always been a need to understand how financial results can be used to measure the performance of a business, and this has never been more urgent and important than now with corporate frauds and corporate governance high on the publicity agenda. Financial ratios are widely used in reporting performance but most peoples understanding of them is limited to looking at the Balance Sheet and Profit & Loss Account. The book covers the full scope of business; how ratios are used and shows how to accurately measure and control performance. It addresses the negative consequences of lack of understanding and equips the reader with the knowledge to make positive contributions and thus add value to their company.