Practical Financial Management

Author: Wu Jingyang
Publisher:
Publish Date: 2004-09-01
Features: This course is a core subject for accounting majors in higher vocational and technical colleges, as well as an important course for economic and management majors. The structure of this book follows the main activities of financial management, including financing, investment, operating asset management, and the distribution of financial results, supplemented by the basic content of daily financial management. The book is divided into ten chapters. Chapter 1, Introduction to Financial Management, mainly introduces the content, objectives, concept of the time value of money, and the concept of risk value; Chapter 2, Financing Management, mainly introduces the prediction of capital needs, the raising of equity capital, debt capital, and other funds; Chapter 3, Cost of Capital, Leverage Benefits, and Capital Structure, starts with the introduction of the cost of capital and leverage benefits, focusing on analyzing the capital structure decision of enterprises; Chapter 4, Investment Management, mainly introduces securities investment and project investment evaluation; Chapter 5, Current Asset Management, mainly introduces the management of monetary funds, accounts receivable management, and inventory management; Chapter 6, Management and Analysis of Fixed Assets and Intangible Assets, mainly introduces the management and analysis of fixed assets and intangible assets; Chapter 7, Cost and Expense Management, mainly introduces daily cost analysis and cost control; Chapter 8, Revenue, Profit, and Profit Distribution Management, mainly introduces revenue management, profit and profit distribution management, and dividend policy; Chapter 9, Financial Budgeting, mainly introduces the preparation method of financial budgeting starting from sales; Chapter 10, Financial Statement Analysis, adopts a method of "separating before combining," first analyzing each major statement individually, and then conducting a systematic and comprehensive analysis of the enterprise's various financial capabilities. Tailored to the characteristics of higher vocational and technical education, this book is based on financial management theory, with a strong emphasis on the application of financial management. To help students master the basic theories, methods, and tools of financial management, the writing process strives for simplicity, clarity, depth, and ease of understanding, enabling students to better comprehend and grasp the knowledge they learn.