FUNDAMENTAL OF FINANCIAL MANAGEMENT – 2nd EDITION by Nik Maheran Nik Muhammad

This Fundamental of Financial Management' book is meant for students without accounting background to understand and interpret the financial management such as Financial Analysis, Financial Forecasting, Financial Planning, Working Capital Management, and etc. Chapter 1 in this book, allow the students to learn about financial management in general. Descriptions about financial management and also financial environment are all in this chapter. In chapter 2, elements of financial analysis and other sources of fund are highlighted. The students will be able to scrutinize the items in the Balance Sheet, Income Statement, Statement of Retained Earnings and Cash Flow Statement. Chapter 3 allows the students to know about financial forecasting and financial planning such as method of forecasting and cash budget. This book also will discuss about mathematics of finance (Chapter 4), risk and return (Chapter 5), working capital management including cash and marketable securities (chapter 6), account receivable management (chapter 7), short term & long term financing (chapter 8 & 9), dividend policy (Chapter 10), and the last chapter, Capital Budgeting. The entire content of this book hopefully will guide the students, creditors or even investors to know the basic of financial management tools.