The book “Managing cash flow, profit and profitability” by Sergey Kovalev is an indispensable guide for everyone who seeks to understand the financial mechanisms of business and learn how to effectively manage their resources. In a world where financial literacy is becoming an essential skill, this publication offers readers not only theoretical knowledge, but also practical tools that will help to establish financial processes in any company. Sergey Kovalev is an experienced financier and consultant, who in his book shares many years of experience in the field of financial management .. His style of presentation combines accessibility and depth, which makes the material understandable for both novice entrepreneurs and experienced professionals. Kovalev is also known for his other works, such as "Financial Analysis for Managers" and "Budgetation in the Company", which also received positive reviews and became desktop books for many. In “Managing Cash Flows, Profit and Profitability”, the author focuses on key aspects of financial management, such as cash flow analysis, business profitability and profitability. Kovalev offers the reader a detailed understanding of how to properly plan and control cash flows in order to avoid financial crises and ensure the sustainable development of the company. He shares methods that will help not only to identify weaknesses in the financial structure, but also to suggest ways to eliminate them. The book will be especially useful to owners of small and medium-sized enterprises, financial directors, accountants and anyone interested in financial management. If you want to learn how to properly analyze financial statements, predict cash flows and make informed decisions, this publication will be a real find for you. It will also be suitable for economics students who seek to gain practical knowledge and skills needed in real life. The topics raised in the book are not limited to theory. Kovalev actively uses examples from real practice, which allows the reader to better understand how to apply the knowledge gained in practice. He discusses the importance of financial planning, risk management, and cost optimization, making the book relevant to today's business realities. Kovalev also touches on issues related to investment and strategic management, making his work multifaceted and useful to a wide range of readers. The author's style is clear and logical, which makes it easy to assimilate even the most complex concepts. He avoids excessive theorizing, preferring practical examples and cases, which makes reading fascinating and useful. Kovalev is able to submit material so that even those who are far from finance can understand the basic principles and apply them in their lives or businesses. If you are looking for a book that will help you master the art of financial management, “Managing Cash Flow, Profit and Profitability” will become your reliable assistant. This is not just a textbook, but a real tool for achieving financial success. Read, apply knowledge in practice and watch how your business begins to thrive through proper financial management.