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Mastering Financial Management : A Step-by-Step Guide to Strategies, Applications and Skills

ISBN: 9780273724544 | 0273724541
Edition: 1st
Format: Paperback
Publisher: FT Press
Pub. Date: 12/7/2009

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Mastering Financial Management is a comprehensive guide for all those who need to know about financial management. Written both for professionals as well as those seeking qualifications in finance and banking, this step-by-step guide will teach you strategies, applications and skills and show you how to plan, make decisions, control financial resources and deliver real shareholder value. Mastering Financial Management:  - Covers the essential basic concepts through to advanced management practice- Complements major accounting and banking examinations and illustrates how the book fits with each professional syllabus- Uses worked financial examples, mathematical formulas and case studies to explain the role of financial management- Accommodates the post-recession financial climate- Gives you free access to a comprehensive online dictionary of banking and finance at www.tbc.comFinancial management is concerned with the strategic management of an organisation's finances to ensure that financial objectives are achieved. Because money is the common denominator for the measurement and control of most aspects of a business, financial management is at the heart of all decision making, and skills in financial management will be necessary for all those in an executive position. One basic assumption of profit making organisations is the maximisation of shareholders' wealth, and sound financial management plays a major role in this. It is a very wide subject requiring knowledge of aspects of accounting, taxation, management, finance, capital management, investment appraisal, risk management, pricing, dividend policy, financial mathematics and strategic financial management.                This book is targeted at those professionals who have taken over a strategic planning position but who have no knowledge of all aspects of financial management. It is also designed to help those studying for professional qualifications in finance and banking subjects. It provides a step-by-step guide from the basics elements of financial management through to advanced strategic financial management. 


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