| Preface: What Is Financial Intelligence? | p. xi |
| The Art of Finance (and Why It Matters to It) | |
| You Can't Always Trust the Numbers | p. 3 |
| Spotting Assumptions, Estimates, and Biases | p. 10 |
| Why Increase Your Financial Intelligence? | p. 17 |
| Part One Toolbox | p. 28 |
| Getting what you want | |
| The players and what they do | |
| The (Many) Peculiarities of the Income Statement | |
| Profit Is an Estimate | p. 33 |
| Cracking the Code of the Income Statement | p. 39 |
| Revenue: The Issue Is Recognition | p. 47 |
| Costs and Expenses: No Hard-and-Fast Rules | p. 53 |
| The Many Forms of Profit | p. 65 |
| Part Two Toolbox | p. 71 |
| Variance; Percent calculations; Line of sight | |
| The Balance Sheet Reveals the Most | |
| Understanding Balance Sheet Basics | p. 77 |
| Assets: More Estimates and Assumptions (Except for Cash) | p. 83 |
| On the Other Side: Liabilities and Equity | p. 93 |
| Why the Balance Sheet Balances | p. 98 |
| The Income Statement Affects the Balance Sheet | p. 101 |
| Part Three Toolbox | p. 106 |
| Employees as assets | |
| Expenses versus capital expenditures | |
| Cash is King | |
| Cash Is a Reality Check | p. 111 |
| Profit [not equal] Cash (and You Need Both) | p. 115 |
| The Language of Cash Flow | p. 122 |
| How Cash Connects with Everything Else | p. 126 |
| Why Cash Matters | p. 134 |
| Part Four Toolbox | p. 138 |
| Free cash flow | |
| Ratios: Learning What the Numbers are Really Telling You | |
| The Power of Ratios | p. 143 |
| Profitability Ratios: The Higher the Better (Mostly) | p. 149 |
| Leverage Ratios: The Balancing Act | p. 155 |
| Liquidity Ratios: Can We Pay Our Bills? | p. 159 |
| Efficiency Ratios: Making the Most of Your Assets | p. 162 |
| Part Five Toolbox | p. 168 |
| Ratios for the business; Ratios for IT | |
| Leading versus lagging indicators | |
| Percent-of-sales analysis; Ratio relationships | |
| How to Calculate (and Really Understand) Return on Investment | |
| The Building Blocks of ROI | p. 175 |
| Figuring ROI: The Nitty-Gritty | p. 182 |
| Part Six Toolbox | p. 193 |
| ROI of an IT Project | |
| Applied Financial Intelligence: Working Capital Management | |
| The Magic of Managing the Balance Sheet | p. 203 |
| Your Balance Sheet Levers | p. 206 |
| Homing In on Cash Conversion | p. 212 |
| Part Seven Toolbox | p. 216 |
| Understanding accounts-receivable aging | |
| Creating a Financially Intelligent It Department (and Organization) | |
| Financial Literacy, Transparency, and Corporate Performance | p. 219 |
| Financial Literacy Strategies | p. 225 |
| Part Eight Toolbox | p. 231 |
| Understanding Sarbanes-Oxley | |
| Sample Financials | p. 235 |
| Exercises to Build Your Financial Intelligence-Income Statement, Balance Sheet, Cash Flow Statement, Ratios | p. 239 |
| Kimberly-Clark and FedEx Financial Statements | p. 267 |
| Notes | p. 275 |
| Acknowledgments | p. 277 |
| Index | p. 281 |
| About the Authors | p. 297 |
| Table of Contents provided by Ingram. All Rights Reserved. |