| Title : | Finance : theory and practice / | | Material Type: | printed text | | Authors: | Ann Marie Ward, Author ; Institute of Chartered Accountants of Ireland, Associated Name | | Edition statement: | Student services ed. | | Publisher: | Dublin : Institute of Chartered Accountants in Ireland | | Publication Date: | 2007 | | Pagination: | xxv, 809 p. | | Layout: | ill (b & w) | | Size: | 25 cm | | ISBN (or other code): | 978-0-903854-14-6 | | General note: | Anne Marie Ward has further developed her original textbook to produce this study of finance. The author clearly presents the theory behind finance, provides practical worked examples to illustrate this theory and integrates academic research to provide deeper understanding of the theories. | | Class number: | 658.15 | | Abstract: | Accountants have to study finance before they qualify. This provides them with a strong knowledge of money. In September 2007 The Times reported that people with accountancy degrees had the highest earnings premium in the marketplace (higher than those who studied medicine or law). When it comes to company and indeed personal financial success, knowledge of finance is crucial. A profitable company, or indeed anyone with a large salary, will still get into difficulty if it does not manage its finances properly. This book: Explains major factors that can impact on financial decision making, such as the financial environment and human behaviour; Explores the various theories mooted to explain or improve financial decision making; Compares and contrasts the different theories; and uses simple examples to explain the models and formulae that are assumed to improve or inform financial decision making. | | Contents note: | Acknowledgements; Preface; Pedagogy
Section One The Business Finance Setting
Chapter 1 Introduction; Chapter 2 The role of Business Finance in Strategic Manageemnt and Influences on Business Finance Decision Making
Section Two Financial Statement Analysis
Chapter 3 Financial Statement Analysis
Section 3 Sources of Finance and the Financial Environment
Chapter 4 Asset-Mix Decision, Finance Mix Decision; Chapter 5 Medium-Term Sources of Finance; Chapter 6 Long-term Sources of Finance: Debt; Chapter 7 Long-term Sources of Finance: Equity Capital
Section 4 Investment Decision Making: Working Capital
Chapter 8 Working Capital: An Introduction; Chapter 9 Inventory Management; Chapter 10 Trade Receivables/Payables Management; Chapter 11 Cash Management
Section 5 Corporate Value: Investment Decision Marking and Capital Structure
Chapter 12 Cost of Capital; Chapter 13 Capital Investment Decision Making; Chapter 14 Capital Investment Decision Making: Incorporating Risk; Chapter 15 Capital Structure
Section Six Dividend Decision and Shareholder Wealth Maximisation
Chapter 16 Dividend Policy
Appendices
Appendix 1 Financial Mathematics for Assessing the Time Value of Money; Appendix 2 Useful Formulae; Appendix 3 Present Value Discount Factor Table; Appendix 4 Annuity Factor Table; Appendix 5 Future Value Factor Table; Appendix 6 Solutions
Abbreviations; Bibliography |
Finance : theory and practice / [printed text] / Ann Marie Ward, Author ; Institute of Chartered Accountants of Ireland, Associated Name . - Student services ed. . - Dublin : Institute of Chartered Accountants in Ireland, 2007 . - xxv, 809 p. : ill (b & w) ; 25 cm. ISBN : 978-0-903854-14-6 Anne Marie Ward has further developed her original textbook to produce this study of finance. The author clearly presents the theory behind finance, provides practical worked examples to illustrate this theory and integrates academic research to provide deeper understanding of the theories. | Class number: | 658.15 | | Abstract: | Accountants have to study finance before they qualify. This provides them with a strong knowledge of money. In September 2007 The Times reported that people with accountancy degrees had the highest earnings premium in the marketplace (higher than those who studied medicine or law). When it comes to company and indeed personal financial success, knowledge of finance is crucial. A profitable company, or indeed anyone with a large salary, will still get into difficulty if it does not manage its finances properly. This book: Explains major factors that can impact on financial decision making, such as the financial environment and human behaviour; Explores the various theories mooted to explain or improve financial decision making; Compares and contrasts the different theories; and uses simple examples to explain the models and formulae that are assumed to improve or inform financial decision making. | | Contents note: | Acknowledgements; Preface; Pedagogy
Section One The Business Finance Setting
Chapter 1 Introduction; Chapter 2 The role of Business Finance in Strategic Manageemnt and Influences on Business Finance Decision Making
Section Two Financial Statement Analysis
Chapter 3 Financial Statement Analysis
Section 3 Sources of Finance and the Financial Environment
Chapter 4 Asset-Mix Decision, Finance Mix Decision; Chapter 5 Medium-Term Sources of Finance; Chapter 6 Long-term Sources of Finance: Debt; Chapter 7 Long-term Sources of Finance: Equity Capital
Section 4 Investment Decision Making: Working Capital
Chapter 8 Working Capital: An Introduction; Chapter 9 Inventory Management; Chapter 10 Trade Receivables/Payables Management; Chapter 11 Cash Management
Section 5 Corporate Value: Investment Decision Marking and Capital Structure
Chapter 12 Cost of Capital; Chapter 13 Capital Investment Decision Making; Chapter 14 Capital Investment Decision Making: Incorporating Risk; Chapter 15 Capital Structure
Section Six Dividend Decision and Shareholder Wealth Maximisation
Chapter 16 Dividend Policy
Appendices
Appendix 1 Financial Mathematics for Assessing the Time Value of Money; Appendix 2 Useful Formulae; Appendix 3 Present Value Discount Factor Table; Appendix 4 Annuity Factor Table; Appendix 5 Future Value Factor Table; Appendix 6 Solutions
Abbreviations; Bibliography |
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