Management of Finance
ISBN: 978 1872962 238
Author(s): David Cox and Michael Fardon
448 pages
A practical introduction to business finance for the non-specialist courses.
- for managers and students (ILM, CMS, DMS, HND, MBA)
- the format and interpretation of financial statements
- costing, budgeting and project appraisal
- raising finance and the business plan
- numerous case studies and activities - with answers
First edition 1997, reprinted 2007.
Table of Contents:
Introduction
section 1: finance in context
The role of business in the economy 2
The accounting function 20
Section 2: financial statements
Basics of financial statements 32
Financial statements: limited companies 56
Cash flow statements 72
Published accounts of limited companies 88
Section 3: monitoring financial performance
Interpretation of financial statements 106
The management of working capital 138
Section 4: costing
Introduction to cost and costing systems 162
Overhead analysis and methods of costing 188
Section 5: decision making
Cost behaviour and break-even analysis 214
Marginal costing 232
Pricing decisions 248
Capital investment appraisal 260
Section 6: budgeting and budgetary control
Principles of budgeting 278
Cash budgets and master budgets 300
Budget monitoring and variance analysis 312
Section 7: business planning
Analysing business information 334
Presenting business information 344
The business plan 358
Appendix A: accounting formats and worksheets 373
Appendix B: answers to activities 379
Index 439
