This book addresses, from a conversational and hands-on perspective, the implications of finance, financial literacy, and the importance of understanding finance for both individuals and entrepreneurs. Finance and understanding financial matters are the ones that drive the decision-making process for businesses, large and small; but it is especially important for small business owners as they attempt to build, expand, and develop their businesses. As a CPA, member of the AICPA Financial Literacy Commission, and a weekly columnist for Inc, personal finance and financial literacy is something that drives decisions and plans for both individuals and organizations. Better informed people make better decisions. This book addresses the multitude of financial issues faced by individuals, entrepreneurs, and small business owners. Incorporating technology trends into this text, resources, links, and additional information is integrated throughout this text.
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Dr. Sean Stein Smith, DBA, CMA, CPA, CGMA, CFE, is an assistant professor of professional practice at Rutgers University. Prior to his current role, Sean worked for several private sector organizations, both in the for-profit and non-profit sectors, where he played key roles in technology upgrades, reporting improvements, and change management. Sean has presented at annual conferences of the IMA and the AAA on the implications of integrated financial reporting. His dissertation ‘The Effect of Integrated Financial Reporting on Financial Performance’compares the financial performance of publicly traded organizations that utilize integrated financial reporting versus comparable organizations that do not. Sean is a member of the Content Advisory Board of NJCPA Magazine and has been featured in numerous academic and practitioner publications, including Accounting Today, Strategic Finance, and Industry Week.
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