Effective managers know that sound financial management can be the difference between making or breaking a business.
The third edition of this best selling text will help managers who are not financial specialists gain a clear understanding of financial management principles.
Managing Finance Third Edition has been revised and includes two parts to address the following competencies in the Business Services Training Package.
Part 1 Prepare budgets and financial plans shows how to analyse strategic and operational plans, develop revenue, expenditure and capital expenditure proposals and build agreements with staff for budgets and financial plans.
Part 2 Manage budgets and financial plans deals with communicating budgets and financial plans within an organisation, monitoring and controlling activities against plans, and reporting the outcomes of the financial plans.Managing Finance Third Edition is clearly set out and is user friendly.
The chapters include features which make understanding the concepts easy:
* Discussion Activities promote further exploration of the topics and teacher-student interaction.
* Worked examples illustrate the concepts discussed in the text.
* Review Questions can be used to test your theoretical knowledge.
* Self Assessment Activities help you check your understanding of concepts.
* Case Studies provide practical examples to help you reinforce your knowledge of the application of financial management principles.
* Summaries help you consolidate and review the main points covered in each chapter.
