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27.01.2024
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This text has a practical orientation with a wealth of examples and case studies. Recommended by the CIMA and ACCA, it includes new material on derivatives, treasury management and restructuring.

Content: Pt. I. Framework for Financial Decisions --
1. overview of financial management --
2. financial environment --
3. Present values, and bond and share valuation --
Pt. II. Investment Decisions and Strategies --
4. Investment appraisal methods --
5. Project appraisal --
applications --
6. Investment strategy and process --
Pt. III. Value, Risk and the Required Return --
7. Analysing investment risk --
8. Identifying and valuing options --
9. Relationships between investments: portfolio theory --
10. Setting the risk premium: the Capital Asset Pricing Model --
11. required rate of return on investment --
12. Enterprise value and equity value --
Pt. IV. Short-Term Financing and Policies --
13. Treasury management and working capital policy --
14. Short-term asset management --
15. Short- and medium-term finance --
Pt. V. Strategic Financial Decisions --
16. Long-term finance --
17. Returning value to shareholders: the dividend decision --
18. Capital structure and the required return --
19. Does capital structure really matter? --
20. Acquisitions and restructuring --
Pt. VI. International Financial Management --
21. Managing currency risk --
22. Foreign investment decisions --
23. Key issues in modern finance: a review --
Appendix A. Solutions to self-assessment activities --
Appendix B. Solutions to selected questions --
Appendix C. Present value interest factor (PVIF) --
Appendix D. Present value interest factor for an annuity (PVIFA).
Abstract: This text has a practical orientation with a wealth of examples and case studies. Recommended by the CIMA and ACCA, it includes new material on derivatives, treasury management and restructuring
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