Accounting And Finance For Management

This book introduces corporate financial management, based on the basic capital budgeting framework and the time value of money. It focuses on theoretical formulations and the correct application of financial techniques that will help improve managerial and financial decisions. Based on fundamental principles of accounting and finance like the time value of money and after-tax cash flows, it introduces readers to real-world constraints and complexities in the two fields.

It has been our intention in writing this book to provide a foundation for charity accounting and financial management; to progress from these being seen as a relatively unsophisticated backwater. It is also to recognize that the accounting and finance of voluntary organizations pose as many difficulties and challenges as those for major for-profit corporations. Indeed, we would make a bold statement to the effect that the financial management of voluntary organizations is in fact more complex, given the absence of the profit motive upon which much traditional accounting, finance practice, and theory have been developed.

1 Financial Accounting
2 Financial Statement Analysis
3 Fund Flow Statement
4 Cost Accounting
5 Budget
6 Marginal Costing
7 Meaning of Financial Management
8 Capital Budgeting
9 Cost of Capital
10 Working Capital Management