TABLE OF CONTENTS
Preface
CHAPTER ONE
1. Introduction to Financial Management
CHAPTER TWO
FORMS OF BUSINESS OWNERSHIP
2.1 Introduction
CHAPTER THREE
SOURCES OF BUSINESS FINANCE
3.1 Introduction
CHAPTER FOUR
FINANCIAL INSTITUTIONS
4.0 Introduction
CHAPTER FIVE
CAPITAL STRUCTURE
5.1 Capital Structure Definition
CHAPTER SIX
COST OF CAPITAL
6.1 Introduction
CHAPTER SEVEN
TIME VALUE OF MONEY
7. 1 Introduction
CHAPTER EIGHT
INVESTMENT APPRAISAL
8.0 What is Investment Appraisal?
CHAPTER NINE
INVESTMENT APPRAISAL UNDER RISK CONSIDERATIONS
9.0 Introduction
CHAPTER TEN
CAPITAL RATIONING
10.1 Introduction
CHAPTER ELEVEN
INVESTMENT APPRAISAL FOR PUBLIC SECTOR
11.1 Introduction
CHAPTER TWELVE
PORTFOLIO THEORY
12.1 Introduction
CHAPTER THIRTEEN
CASH MANAGEMENT
13.1 Introduction
CHAPTER FOURTEEN
COST VOLUME PROFIT ANALYSIS
14.1 Introduction
CHAPTER ONE
INTRODUCTION TO
FINANCIAL MANAGEMENT
1.1. Introduction
Financial management as a discipline originated from other disciplines, which began long time ago. The discipline has not existed from its own rather it has borrowed part of its subject matters from disciplines like economics and Quantitative techniques. Financial management is a discipline that deals with how best resources can be acquired and utilized in a best effective ways.
The acquisition of resources and best utilization of these resources is a key subject matter of financial management. Both profit oriented business organizations and non-profit making organizations need to understand and appreciate the importance of applying financial management principles and concepts to the best advantages of their organizations. The application will provide insights on how companies measure and improve their financial performances in diversity ways. In the modern business today there are practical examples of organizations, which failed to apply financial management, and thus their financial performances have been impaired.