Financial Management

Product Details:
Author(s):
Correia, C
Year Published:
2019
Edition
9th Edition
Type:
Print | Soft Cover
Language:
English
About this publication
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.
Key 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
A section on short-selling of shares and expansion of the chapter on derivatives
Expansion of sections on forecasting and the market and income approaches to valuation
Content
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
Interest / Benefit to
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