Financial Management 9e WebPDF


Available
    Edition: 9th edition
  • Format: eBook
  • ISBN: 9781485129585
  • Extent: 1200 pages
  • Published:
  • Category: Finance, Economics and Accounting, Accounting

R888.00



Now in its 9th edition, Financial Management is the leading text on the theory and application of corporate finance in southern Africa. Set against the backdrop of recent developments in financial markets, instruments and financial theory, the text refers to real-world applications and financial decisions by South African companies.

The book includes chapters on: 

  • the time value of money 
  • risk and return 
  • portfolio management 
  • financial statement analysis bond and equity valuations 
  • the cost of capital 
  • capital budgeting
  • working capital management
  • sources of finance 
  • capital structure 
  • leasing 
  • dividends and share buybacks 
  • mergers, acquisitions and corporate restructuring 
  • risk management and derivatives 
  • international finance 
  • business planning and financial modelling
  • corporate strategy and business models

1.    Overview of financial management

2.    The time value of money 

3.    Risk and return 

4.    Portfolio management 

5.    Financial statement analysis 

6.    Valuations 

7.    The cost of capital 

8.    Capital budgeting 

9.    Further issues in capital budgeting 

10.  Capital budgeting: risk analysis

11.  Working capital

12.  Current assist management and short-term financing

13.  Sources of finance 

14.  Capital structure 

15.  Leasing 

16.  Dividends and share buy-backs 

17.  Mergers, acquisitions and corporate restructuring 

18.  Risk management and derivatives 

19.  International financial management

20.  Business planning and financial modelling

21.  Corporate strategy and business models

·         undergraduate and postgraduate commerce or business students 

·         ITC and APC candidates 

·         practising accountants 

·         internal and independent auditors 

·         business managers, corporate finance practitioners, strategists and analysts.

New features

·         Behavioural Finance and how biases can impact on corporate financial decision making

·         sections on market efficiency, market anomalies, ETFs and investor behaviour

·         the text meets the requirements of Version 10 of SAICA’s Competency Framework, effective from January 2019, in respect to financial management, financial risk management and corporate strategy

·         incorporates the latest developments that affect corporate finance: King IV; tax legislation; the Companies Act; rules of the JSE and capital markets; International Financial Reporting Standards (IFRS); official guidelines on corporate valuations and integrated reporting, business rescue, rules on mergers and acquisition and competition law.

·         expansion of sections on the use and drawbacks of IRR and Excel functions such as XNPV and XIRR

·         section on short selling of shares and expansion of chapter on derivatives

·         expansion of sections on forecasting and the market and income approaches to valuation

·         explanation of the shortcomings of valuation methodologies

·         sections on smart contracts, financial blockchain systems and business disruption 

·         expansion of sections on CAPM and multi-factor models

·         new sections on operating leases and the impact of IFRS16 (effective from 2019) on equity valuations, the cost of capital, financial ratios and capital structure

·         new section on the resource-based view of the firm and how this aligns with integrated reporting

·         expansion of guidance sections at the end of key chapters to assist readers to better understand and integrate key areas in finance

·         inclusion of recent ITC questions and solutions

 

Other features:

·         Professional ethics and codes of conduct updated in terms of revisions by SAICA and CFA

·         Use of Excel® models to provide detailed explanations of each topic in finance

·         Extensive number of questions provided per chapter

·         Relevant examples used to demonstrate application of finance theory

·         Reference to insights and views of Warren Buffett on finance theory

 

Support material:

·         Support material is made available to all prescribing institutions. It includes:

·         answers to all chapter questions 

·         PowerPoint® slides 

·         Multiple Choice Question tests and solutions 

·         selected readings 

·         videos and Excel® models.

This product does not have any reviews yet - be the first to write one.

Now in its 9th edition, Financial Management is the leading text on the theory and application of corporate finance in southern Africa. Set against the backdrop of recent developments in financial markets, instruments and financial theory, the text refers to real-world applications and financial decisions by South African companies.

The book includes chapters on: 

  • the time value of money 
  • risk and return 
  • portfolio management 
  • financial statement analysis bond and equity valuations 
  • the cost of capital 
  • capital budgeting
  • working capital management
  • sources of finance 
  • capital structure 
  • leasing 
  • dividends and share buybacks 
  • mergers, acquisitions and corporate restructuring 
  • risk management and derivatives 
  • international finance 
  • business planning and financial modelling
  • corporate strategy and business models

1.    Overview of financial management

2.    The time value of money 

3.    Risk and return 

4.    Portfolio management 

5.    Financial statement analysis 

6.    Valuations 

7.    The cost of capital 

8.    Capital budgeting 

9.    Further issues in capital budgeting 

10.  Capital budgeting: risk analysis

11.  Working capital

12.  Current assist management and short-term financing

13.  Sources of finance 

14.  Capital structure 

15.  Leasing 

16.  Dividends and share buy-backs 

17.  Mergers, acquisitions and corporate restructuring 

18.  Risk management and derivatives 

19.  International financial management

20.  Business planning and financial modelling

21.  Corporate strategy and business models

·         undergraduate and postgraduate commerce or business students 

·         ITC and APC candidates 

·         practising accountants 

·         internal and independent auditors 

·         business managers, corporate finance practitioners, strategists and analysts.

New features

·         Behavioural Finance and how biases can impact on corporate financial decision making

·         sections on market efficiency, market anomalies, ETFs and investor behaviour

·         the text meets the requirements of Version 10 of SAICA’s Competency Framework, effective from January 2019, in respect to financial management, financial risk management and corporate strategy

·         incorporates the latest developments that affect corporate finance: King IV; tax legislation; the Companies Act; rules of the JSE and capital markets; International Financial Reporting Standards (IFRS); official guidelines on corporate valuations and integrated reporting, business rescue, rules on mergers and acquisition and competition law.

·         expansion of sections on the use and drawbacks of IRR and Excel functions such as XNPV and XIRR

·         section on short selling of shares and expansion of chapter on derivatives

·         expansion of sections on forecasting and the market and income approaches to valuation

·         explanation of the shortcomings of valuation methodologies

·         sections on smart contracts, financial blockchain systems and business disruption 

·         expansion of sections on CAPM and multi-factor models

·         new sections on operating leases and the impact of IFRS16 (effective from 2019) on equity valuations, the cost of capital, financial ratios and capital structure

·         new section on the resource-based view of the firm and how this aligns with integrated reporting

·         expansion of guidance sections at the end of key chapters to assist readers to better understand and integrate key areas in finance

·         inclusion of recent ITC questions and solutions

 

Other features:

·         Professional ethics and codes of conduct updated in terms of revisions by SAICA and CFA

·         Use of Excel® models to provide detailed explanations of each topic in finance

·         Extensive number of questions provided per chapter

·         Relevant examples used to demonstrate application of finance theory

·         Reference to insights and views of Warren Buffett on finance theory

 

Support material:

·         Support material is made available to all prescribing institutions. It includes:

·         answers to all chapter questions 

·         PowerPoint® slides 

·         Multiple Choice Question tests and solutions 

·         selected readings 

·         videos and Excel® models.

This product does not have any reviews yet - be the first to write one.