Business Financial Information Secrets: A Conversation with Tage Tracy

Tage C. Tracy has helped CFOs and Decision makers at executive level with guidance and support with raising debt and equity capital, completing complex financial analysis, supporting risk management assessments, guiding accounting system designs and structuring, and being an integral part of the strategic business planning management functions for more than 25 years.

Tage is also the lead or coauthor of seven books, including this most recent title, Business Financial Information Secrets, so he will be able to share a wealth of information on a difficult but very important topic.

In this episode I speak with Tage about his latest book “Business Financial Information Secrets: How a Business Produces and Utilizes Critical Financial Information”, his career and why even if accounting might not be sexy, you really need to understand the base concepts.

I hope you enjoy this conversation with Tage C. Tracy!

Listen to the conversation on Apple Podcasts, Spotify and anywhere else where good podcasts can be found or just click play below:



Connect with Tage:

Tage on LinkedIn / Tage at Finance Makes Cents with contact information


What we talked about and when


Tage’s background and what made him write his latest book “Business Financial Information Secrets”


The difference between financial statements that are prepared internally as opposed to externally prepared ones


On the need to produce financial information that is complete, accurate, reliable, and timely and how this applies in the digital age


Financial Engineering and how companies manage to get to achieve specific goals through their statements


Using past accounting information to forecast future developments and how to develop financial models to achieve that


How data and financial models save companies in times of a crisis


Why it is absolutely critical to prepare and understand cash flows statements

Some of the people that got mentioned and other interesting stuff from the Episode

Accounting firm Coopers & Lybrand that merged with PriceWaterhouse

John A. Tracy, Emeritus Professor of Accounting at Leeds School of Accounting and

Tage’s latest book Business Financial Information Secrets: How a Business Produces and Utilizes Critical Financial Information

Other books from Tage:

How to Read a Financial Report: Wringing Vital Signs Out of the Numbers

Cash Flow For Dummies

The Comprehensive Guide on How to Read a Financial Report, + Website: Wringing Vital Signs Out of the Numbers

Accounting For Dummies

Small Business Financial Management Kit For Dummies


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