Organization of the Text - Financial Management

This text provides an introduction to both analytical tools and descriptive materials that are useful in financial management. Because this is an introductory -level text, however, it does not attempt to make the reader an expert in every aspect of financial decision making. Instead, it is intended to do the following:

  • Acquaint the reader with the types of decisions faced by financial managers
  • Develop a framework for analyzing these decisions in a systematic manner
  • Provide the reader with the background necessary to pursue more advanced readings and courses in financial management

Although the subject matter in this text is divided into distinct parts, in reality and practice, the various types of financial decisions are interrelated and should not be considered in isolation from one another.

Each chapter begins with a summary preview of the key concepts from the chapter. This is followed by a financial challenge faced by a real firm(s) and related to the material in the book. At the end of each chapter is a point -by -point summary of the chapter and extensive sets of discussion questions and problems, including “Self-Test Problems”with detailed solutions, which you can use to test your understanding of the text material. A glossary of key terms is provided at the end of the book. Some chapters also have more complex, integrative case problems. Where appropriate, special international financial management issues and entrepreneurial finance issues are discussed. The book also has a large number of “Ethical Issues” sections integrated throughout. “Check” answers to selected problems appear at the end of the book.


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Financial Management Topics