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Wally's Dogs follows one simple business as Price, Volume, Product Mix, Material, Labor, Manufacturing Overhead, Scrap, Yield, Budget, Forecast, and Variance begin to change. Instead of teaching accounting rules for their own sake, the book shows readers how to follow changes through an income statement and understand what may have caused them.
Written for supervisors, managers, and other non-financial professionals, Wally's Dogs uses a simple story and practical examples to make financial statements easier to understand. Readers learn how operating decisions show up in the numbers, how different drivers interact, and how to ask better questions when results change.
Numbers do not make the decision for you; they help you understand the decision you are making.
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