FinancialManagement9eWebPDFEdition: 9theditionPublicationdate: 2019Author/Editors: Correia,CeISBN: 9781485129585Format: eBookNumberofPages: 1200pagesRetailprice: R941.00(incl.VAT)WebsiteLink: juta.co.za/pdf/25049/

AboutthisPublication:

Nowinits9thedition,FinancialManagementistheleadingtextonthetheoryandapplicationofcorporatefinanceinsouthernAfrica.Setagainstthebackdropofrecentdevelopmentsinfinancialmarkets,instrumentsandfinancialtheory,thetextreferstoreal-worldapplicationsandfinancialdecisionsbySouthAfricancompanies.Thebookincludeschapterson:thetimevalueofmoneyriskandreturnportfoliomanagementfinancialstatementanalysisbondandequityvaluationsthecostofcapitalcapitalbudgetingworkingcapitalmanagementsourcesoffinancecapitalstructureleasingdividendsandsharebuybacksmergers,acquisitionsandcorporaterestructuringriskmanagementandderivativesinternationalfinancebusinessplanningandfinancialmodellingcorporatestrategyandbusinessmodels

ContentsInclude:

1.Overviewoffinancialmanagement2.Thetimevalueofmoney3.Riskandreturn4.Portfoliomanagement5.Financialstatementanalysis6.Valuations7.Thecostofcapital8.Capitalbudgeting9.Furtherissuesincapitalbudgeting10.Capitalbudgeting:riskanalysis11.Workingcapital12.Currentassistmanagementandshort-termfinancing13.Sourcesoffinance14.Capitalstructure15.Leasing16.Dividendsandsharebuy-backs17.Mergers,acquisitionsandcorporaterestructuring18.Riskmanagementandderivatives19.Internationalfinancialmanagement20.Businessplanningandfinancialmodelling21.Corporatestrategyandbusinessmodels

OfInterestandBenefitto:

·undergraduateandpostgraduatecommerceorbusinessstudents·ITCandAPCcandidates·practisingaccountants·internalandindependentauditors·businessmanagers,corporatefinancepractitioners,strategistsandanalysts.Newfeatures·BehaviouralFinanceandhowbiasescanimpactoncorporatefinancialdecisionmaking·sectionsonmarketefficiency,marketanomalies,ETFsandinvestorbehaviour·thetextmeetstherequirementsofVersion10ofSAICA’sCompetencyFramework,effectivefromJanuary2019,inrespecttofinancialmanagement,financialriskmanagementandcorporatestrategy·incorporatesthelatestdevelopmentsthataffectcorporatefinance:KingIV;taxlegislation;theCompaniesAct;rulesoftheJSEandcapitalmarkets;InternationalFinancialReportingStandards(IFRS);officialguidelinesoncorporatevaluationsandintegratedreporting,businessrescue,rulesonmergersandacquisitionandcompetitionlaw.·expansionofsectionsontheuseanddrawbacksofIRRandExcelfunctionssuchasXNPVandXIRR·sectiononshortsellingofsharesandexpansionofchapteronderivatives·expansionofsectionsonforecastingandthemarketandincomeapproachestovaluation·explanationoftheshortcomingsofvaluationmethodologies·sectionsonsmartcontracts,financialblockchainsystemsandbusinessdisruption·expansionofsectionsonCAPMandmulti-factormodels·newsectionsonoperatingleasesandtheimpactofIFRS16(effectivefrom2019)onequityvaluations,thecostofcapital,financialratiosandcapitalstructure·newsectionontheresource-basedviewofthefirmandhowthisalignswithintegratedreporting·expansionofguidancesectionsattheendofkeychapterstoassistreaderstobetterunderstandandintegratekeyareasinfinance·inclusionofrecentITCquestionsandsolutionsOtherfeatures:·ProfessionalethicsandcodesofconductupdatedintermsofrevisionsbySAICAandCFA·UseofExcel®modelstoprovidedetailedexplanationsofeachtopicinfinance

·Extensivenumberofquestionsprovidedperchapter·Relevantexamplesusedtodemonstrateapplicationoffinancetheory·ReferencetoinsightsandviewsofWarrenBuffettonfinancetheorySupportmaterial:·Supportmaterialismadeavailabletoallprescribinginstitutions.Itincludes:·answerstoallchapterquestions·PowerPoint®slides·MultipleChoiceQuestiontestsandsolutions·selectedreadings·videosandExcel®models.