Keywords

Book Review, Financial education, Finance, Business

Abstract

Financial education is essential not only for accounting and finance students and business managers, but also for individuals who do not have a financial planning and control processes. Companies understand the need of financial education and many of them offer introductory financial courses for their employees. Seminars such as "Accounting for Non-Accounting People" cover basic principles of both financial and management accounting and are becoming very popular in the corporate world. Although Understanding Financial Management was written for MBA students or business managers and not for the non-financial individual, some of the principles discussed in this book could be of interest to anyone trying to learn basic financial principles, such as how to read and understand and annual report, or what the differences is between net income and cash flow.

Original Publication Citation

Camacho, L. (2006). Understanding financial management [book review]. Journal of Business & Finance Librarianship, 11(4), 76-78.