'Mastering Financial Management is sure to prove useful to students and members. The book is closely aligned to the Chartered Institute of Bankers syllabus'. Chartered Banker, September 2009 Financial management is concerned with the strategic management of an organisation’s finances to ensure that financial objectives are achieved. Because money is the common denominator for the measurement and control of most aspects of a business, financial management is at the heart of all decision making, and skills in financial management will be necessary for all those in an executive position.
One basic assumption of profit making organisations is the maximisation of shareholders’ wealth, and sound financial management plays a major role in this. It is a very wide subject requiring knowledge of aspects of accounting, taxation, management, finance, capital management, investment appraisal, risk management, pricing, dividend policy, financial mathematics and strategic financial management.
This book is targeted at those professionals who have taken over a strategic planning position but who have no knowledge of all aspects of financial management. It is also designed to help those studying for professional qualifications in finance and banking subjects. It provides a step-by-step guide from the basics elements of financial management through to advanced strategic financial management. It also covers the ACCA and ICAEW financial management syllabus.
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Clive Marsh runs HeathMarsh, a research and development, and training organisation. He’s a chartered banker and a Fellow of the Charted Institute of Management. He has a MA in Strategic Financial Management and has worked for a range of organisations including Shell, IBM, Gap Gemini and Nat West.
What a superb book, putting everything you need to know about finance in one package . ..will have a wide application for entrepreneurs as well as finance specialists.
Angus Cater, MA (Strategic Financial Management) . Chairman and Managing Director SFS Group Limited
Covers the subject matter comprehensively in an easy to understand style. It makes it a must for those wanting to unravel the commercial intricacies of running a successful business."
Peter Fagiano, C.Eng. Former Chairman of British Chemical Engineering Contractors Association
This comprehensive book provides entrepreneurs, finance practitioners and students alike, the opportunity to understand better the principles and importance of sound financial and business management. This book will prove invaluable to the business manager who needs to stay informed.
Barry Corney, ACIB, Corporate Banker
Whether a financial professional or a business entrepreneur, you ll need to have knowledge of all aspects of your company s finances. You will have to be aware of organisational strategy as well as being responsible for providing an environment where your business can succeed.
Mastering Financial Management is a comprehensive guide for all those who need to know about financial management. Written both for professionals as well as those seeking qualifications in finance and banking, this step-by-step guide will teach you strategies, applications and skills and show you how to plan, make decisions, control financial resources and deliver real shareholder value.
Mastering Financial Management:
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