Financial Intelligence by Karen German and Joe Knight is an incredibly helpful book for managers at large companies to make sense of the accounting and finance drivers shaping their work. The book certainly covers the basics of how to read standard financial reports, but goes much further. The book is especially strong in helping managers to know what questions to ask of accounting and financial professionals and to understand how their decisions can improve the financial performance of their employer. I took my first “finance for non-financial managers” class nearly 30 years ago and since then have earned an MBA with a finance emphasis and yet this book still helped me to better understand some concepts. It’s an easy to read book that is well worth the time investment. I strongly recommend it.
