Financial Management Basics

Author: (American) Foster
Publisher:
Publish Date: 2006-05-01
Features: This book aims to be a practical guide for corporate finance and also a basic tutorial for those who have never directly engaged in financial work. The three major goals of this book are: to provide non-financial managers with insights into various operational activities that affect cash flow in a business; to help managers (and future managers) develop analytical skills to evaluate business problems and opportunities from a financial perspective; and to help managers understand the key concepts used by financial managers when making important decisions. This book is primarily written for senior non-financial executives, managers, as well as current MBA and undergraduate students aspiring to become managers. They need a better understanding of the role of financial managers and better communication with financial managers, accountants, and auditors. This book aims to be a practical guide for corporate finance and also a basic tutorial for those who have never directly engaged in financial work. To better understand a company's financial condition, this book focuses on the application of various tools. The three major goals of this book are: to provide non-financial managers with insights into various operational activities that affect cash flow in a business; to help managers (and future managers) develop analytical skills to evaluate business problems and opportunities from a financial perspective; and to help managers understand the key concepts used by financial managers when making important decisions. Chapter 1 provides an overview of each chapter and a roadmap for the entire book. This book is valuable for individuals and non-financial managers interested in corporate financial management. It can be used as a training textbook or part of a university textbook for in-service management personnel in corporate finance courses, or as case material for financial management courses, or as supplementary material for financial theory courses. Corporate Finance Essentials is primarily written for senior non-financial executives and managers, as well as current MBA and undergraduate students (who aspire to become managers). They need a better understanding of the role of financial managers and want to communicate more effectively with financial managers, accountants, and auditors. This book aims to be a practical guide for corporate finance and also a basic tutorial for those who have never directly engaged in financial work. To better understand a company's financial condition, this book focuses on the application of various tools. The three major goals of this book are: to enable non-financial managers to gain insights into various operational activities that affect cash flow in a business; to help managers (and future managers) develop analytical skills to evaluate business problems and opportunities from a financial perspective; and to help managers understand the key concepts used by financial managers when making important decisions. Chapter 1 provides an overview of each chapter and a roadmap for the entire book. This book should be valuable for individuals and non-financial managers interested in it. It can be used as part of a training textbook or university textbook for in-service management personnel in applied corporate finance courses, or as case material for financial management courses, or as supplementary material for financial theory courses.