Financial information is at the very core of business operations. But many business owners, managers and executives are in the dark when it comes to the terms and phrases of financial information and how they relate to business management and performance. Glenyce Johnson, Managing Director of Peregrine Adventures, offers plain English explanations of some critical elements of financial information. Financial information explained: * Budget * P&L * Profit * The bottom line * Forecasts * Cash flow * Assets and liabilities * Balance sheet * Debtors and creditors * Financial management KPIs