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📖 Description
Essentials of Financial Management is designed to introduce the subject to the readers in a systematic way for developing a basic understanding of the concepts and techniques underlying financial management. The book talks about financial analysis and how to manage corporate funds and liquidity. It focuses on financial decision making and the role of the finance manager as an efficient user of financial resources. It introduces readers to the basic concepts of time value of money, return and risk and portfolio theory and discusses important financial topics like the cost of capital, capital budgeting, debt-equity mix, sources of finance, dividend policy, working capital management, and financial planning, in a simple and lucid way.
KEY FEATURE Chapter Summaries Keywords Quick-check Concepts Solved Problems Quiz Exercises Use of Excel
NEW IN THE FOURTH EDITION Complete text revisited Many difficult concepts simplified Additional chapter on Financial Statement Analysis Additional text in the chapter on Capital Budgeting Cash budgeting models added in the chapter on Cash Management Questions from the past examinations of BCom (Hons) included for practice