Fundamentals Of Financial Management

Contents Preface 1. Financial Functions of Management  2. Financial Planning  3. Financial orecasting  4. Capitalisation and Capital Structure  5. Capital Structure Planning  6. Theory of Capital Structure  7. Cost of Capital 8. Leverages  9. Management of Working Capital  10. Management of Inventory  11. Receivables Management  12. Cash Management  13. Sources of Finance 14. Financial Analysis 15. Ratio Analysis 16. Funds Flow Analysis 17. Cash Flow Analysis 18. Dividend Policy 19. Budgeting 20. New Horizons in Budgeting  21. Capital Budgeting 22. Risk Analysis in Capital Budgeting 23. Marginal Costing 24. Cost-Volume-Profit Analysis  25. Managerial Applications of Marginal Costing 26. Standard Costing 27. Human Resource Accounting 28. Lease Financing Appendix Glossary Bibliography Index  
 
“This new edition, expanded with the addition of four new chapters, continues to help students develop an essential understanding of how financial management plays a positive role in strategic management of organizations. The book is designed for a foundation course in financial management for the postgraduate students of business management (MBA), commerce, engineering and technology. It focuses on presenting with great clarity the basic concepts underlying the theory of financial management and also the real-world practice in areas of investment, financing and asset management.

Each financial function is discussed in the most lucid and concise manner to help students improve their basic skills in financial management. The aim of the book is to enable the readers to get a profound insight into the financial decision-making processes. The book introduces the readers to the three major decision-making areas in financial management: break-even analysis, decisions involving alternative choices, and variance analysis.”