January 12, 2006
News & Opinion: Why Do We Need ANOTHER Finance Book?
The second reason is that we felt there wasn't a book out there that was targeted directly at managers. Our firm, the Business Literacy Institute, received calls all the time asking for a recommendation for a book that a manager could read to learn about the financial side of the business. And we never found one that we loved. Some are written by accountants, and so, of course, come from that perspective. Others are focused too broadly, including general business issues as well as finance topics.
Finally, we wanted to share a key element of finance that we felt was not broadly understood, that is, that finance is an art as well as a science. So many times in organizations the accounting and finance professionals present the financial results as hard numbers, true facts, and indisputable. The fact of the matter is many numbers in financial reports are based on estimates and assumptions.
About Dylan Schleicher
Dylan Schleicher has been a part of the 800-CEO-READ claque since 2003. Even though he's stayed on at the company, he has not stayed put. After beginning in shipping & receiving, he joined customer service and accounting before moving into his current, highly elliptical orbit of duties overseeing the ChangeThis and In the Books websites, the company's annual review of books and in-house design. He lives with his wife and two children in the Washington Heights neighborhood on Milwaukee's West Side.