Mastering Financial Management A Step synopsis
The mastery of financial management is certainly beneficial to students and members. The book is in line with the approach adopted by the Institute of Chartered Bankers.
Chartered Banker, September 2009 Financial management is interested in strategic management of the Organization's funds to ensure that the financial objectives are met. Because money is the common denominator for measuring and monitoring most aspects of business, financial management is at the heart of every decision-making process, and skills in financial management will be essential for all those who hold an executive position.
One of the basic assumptions of profit-making organizations is to maximize shareholders' wealth, and sound financial management plays a key role in this. It is a very broad subject that requires knowledge of accounting, taxation, management, finance, capital management, investment assessment, risk management, pricing, dividend policy, financial mathematics, and strategic financial management. This book targets those professionals who have taken the position of strategic planning but do not have knowledge of all aspects of financial management. It was also designed to help those who are studying for professional qualifications in financial and banking materials.
The step-by-step guide presents key elements of financial management to advanced strategic financial management. It also covers ACCA and ICAEW.
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