Do you want to understand how ﬁnancial decisions impact the value
of a company? If you are new to ﬁnancial management or studying
for a professional qualiﬁcation, this user-friendly textbook makes the
challenges facing today’s rapidly changing business world easier to
Now in its 13th edition, Fundamentals of Financial Management maintains
its dedication to the ﬁnancial decision-making process and the
analysis of value creation, but develops a more international scope and
introduces new topics into the debate. Current discussions on corporate
governance, ethical dilemmas, globalization of ﬁnance, strategic
alliances and the growth of outsourcing have been added with examples
and boxed features to aid understanding and provide a more global
perspective of ﬁnancial management.
Chapter 1 - Expanded coverage of Corporate Social Responsibility
including the concept of Sustainability.
Chapter 6 – The discussion of ﬁnancial statement analysis includes
the push for convergence of accounting standards around the world.
Chapter 9 – Cash and marketable securities management material
expanded and updated.
Chapter 24 - The updated chapter on International Financial
Management includes discussion of Islamic sukuk bonds.
On the reading list for Association
of Chartered Certiﬁed Accountants
(ACCA) Qualiﬁcation Paper (F9)
Suggested reading for Certiﬁed
Management Accountant (CMA)
Translated into over ten languages
and received ﬁrst place among
business academic texts in
Pearson’s top 50 best seller’s
“This is the best book I have found so far.”
Jean Bellemans, Free University of Brussels
“The book provides the reader with
information about the current
‘hot-topics’ in ﬁnance and has a clear
emphasis on the basic principles of
ﬁnancial management without repetition.
Furthermore, as simple language is used,
the book can be easily...