Elements of Business
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This book deals comprehensively with all aspects of financial management, from where money comes from, through to take over bids and foreign exchange management. Designed specifically with the one module or semester course in mind, it covers: reading accounts; how to read and understand the "Financial Times"; the nature and management of working capital; SWOT analysis; and financial forecasting. Written in an accessible style, with a helpful glossary of terms, self-assessment questions and cases, "Financial Management" should be suitable for MBA students and undergraduates of business, and can be used in conjunction with Chadwick's companion volume, "Management Accounting".
Students using this book are provided with a guide to the role played by management accounting within an organization, the need for a pre-determined management accounting system, and the use of classing costs according to type, location and behaviour. It aims to convey the key importance of accounting as a management tool. Because of its user-friendly approach to the non-accountant, and its modular design, this volume is designed not only for full-time MBA students, but also for managers on short executive programmes, one-term courses and distance-learning. Throughout, the author adopts a "teaching by objectives" approach, setting out what the reader should know and should be able to do. He uses a variety of approaches to introduce the subject clearly: step-by-step examples; question and answer sections; multiple choice tests; lists of key words; and self- assessment exercises.