Product Description
Basic Principles of Financial Management
Authors: LM Brümmer, JH Hall, E du Toit
Format: Physical Hardcopy
No financial task can be performed without at least a basic understanding of the principles of financial management. By applying these principles to the reading of financial statements, it is possible to observe how an organisation has earned and spent income, and what its current financial position is. Basic Principles of Financial Management is designed as a guide to the world of finance.
Basic Principles of Financial Management provides an opportunity to learn the language of the financial world. It sets out the concepts and conventions of managerial finance and the main topographical features of the new territory of the statement of financial position (balance sheet), income statement and cash flow statement.
The information is offered in as simple a manner as the subject matter allows. Even a layperson will glean valuable tips on how to manage finance in terms of systems and units of administration, and thus be better equipped to understand financing and investment decisions.
Contents include the following:
Features:
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Definitions of terms
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Fundamentals of mathematical calculations
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The various types of financial statement and how to analyse them
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Working capital and cash management
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Time value of money
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Capital investment
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Risk and leverage, and breakeven analysis
Contents:
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Chapter 1 Introduction
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Chapter 2 Definitions of terms
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Chapter 3 Fundamentals of mathematical calculations
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Chapter 4 The financial statements of an organisation
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Chapter 5 The cash flow statement
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Chapter 6 The analysis of financial statements
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Chapter 7 Working capital and cash management
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Chapter 8 Financial planning: the cash budget
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Chapter 9 The time value of money
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Chapter 10 The capital investment decision
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Chapter 11 Valuation and the required rate of return
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Chapter 12 Capital structure and financial leverage: the financing decision
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Chapter 13 Risk and leverage, and break-even analysis
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Chapter 14 Dividend policy
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Chapter 15 The leasing of non-current assets
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Chapter 16 Finale
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