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FINANCIAL MANAGEMENT
C CORREIA
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 a globalising world economy and recent developments in financial markets, the text refers to real-world applications and financial decisions by South African companies.
UPDATED CONTENT
NEW EDITION
978 1 48512 957 8 978 1 48512 958 5 9e 2019
1200 PAGES
ZAR R920.00 ZAR R888.00
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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 Sectionsonsmartcontracts,financialblockchainsystemsandbusinessdisruption Expansion of sections on CAPM and multi-factor models NewsectionsonoperatingleasesandtheimpactofIFRS16(effectivefrom2019) 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.
JUTA ACCOUNTING CATALOGUE | 2018/2019
CONTENTS
• 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
KEY FEATURES
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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
updated in terms of revisions by
• Professional ethics and codes of conduct 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
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