Table of Contents

• Part 1 Introduction to Financial Management
• 1 Getting started - Principles of finance
• 2 Firms and the financial market
• 3 Understanding financial statements, taxes and cash flows
• 4 Financial analysis - Sizing up firm performance
• Part 2 Valuation of Financial Assets
• 5 The time value of money - The basics
• 6 The time value of money - Annuities and other topics
• 7 Risk and return - An introduction - History of financial market returns
• 8 Risk and return - Capital market theory
• 9 Debt valuation and interest rates
• 10 Share valuation
• Part 3 Capital Budgeting
• 11 Investment decision criteria
• 12 Analysing project cash flows
• 13 Risk analysis and project evaluation
• 14 The cost of capital
• Part 4 Capital Structure and Dividend Policy
• 15 Analysis and impact of leverage
• 16 Capital-structure policy
• 17 Dividend and share buyback policy
• Part 5 Liquidity Management and Special Topics in Finance
• 18 Financial forecasting and planning
• 19 Working capital management
• 20 International business finance
• 21 Corporate risk management
• Glossary
• Organisation Index
• Subject Index