MaHui Book Giveaway | How Does Kazuo Inamori Manage "Money"?

For March's MaHui book giveaway, we're featuring Kazuo Inamori's Management and Accounting — from Japan's revered "sage of management." Inamori commanded enormous respect in Japan and globally, not only for building two Fortune Global 500 companies from scratch, but for his grounded, no-nonsense approach to entrepreneurship and understated management style. This shaped a distinctive business philosophy that founders have studied and put into practice ever since.

Management and Accounting belongs to Inamori's series of works, examining the essentials and principles of his management approach through the lens of accounting. He distilled his self-taught accounting insights into the "Seven Principles of Accounting": the cash-basis principle, the one-to-one correspondence principle, the matching principle, the perfectionism principle, the dual-check principle, the profit-improvement principle, and the transparency principle. Inamori embedded these principles into actual business operations, making them a genuine reference for healthy corporate functioning.

The book came out some time ago but has been reprinted repeatedly. Its release surprised many readers: Inamori came from a technical background with no formal training in finance or accounting, yet produced such a work. Plenty of people dismissed it as merely a finance book. In reality, it's a management text squarely aimed at the CEO — the "number one" in any organization.

The truth is, most founders in that top seat lack a finance background and naturally assume money matters can simply be delegated to specialists. But as the person steering the ship, examining and refining the business through a financial lens isn't optional — it's indispensable. Especially in today's climate, CEOs need "accounting in service of management." They need sharper instincts and firmer control over cash. This older book still has plenty to teach.

Drop a comment below telling us why you want to read this book or what you took away from it. We'll send Management and Accounting to the three most-liked comments. Readers also have a shot at Source Code Capital's specially designed brand calendar — a 2024 daily calendar packed with curated wisdom on entrepreneurship and life, each month opened by an inspiring founder story meant to provoke and encourage.