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Financial Management: Turning Theory into Practice (Paperback)
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Financial Management: Turning Theory into Practice (Paperback)
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Financial management: Turning theory into practice is an accessible
and principles-based financial management textbook for
undergraduate and Honours Accounting students. The book takes
cognizance of changes in the economic environment and their
implications for the role of financial management and the teaching
of the subject. Financial management follows the SAICA syllabus for
financial management but also takes the skills required by the CIMA
syllabus into account. It acknowledges the intent behind the SAICA
Competency Framework to develop problem-solving, critical thinking
and ethical business leaders, but at the same time provides
academic and financial literacy support to students. This guided
approach serves to produce both technically competent students as
well as students who will be capable financial leaders in the
workplace. Financial management supports students in the following
ways: - Opening case studies engage student interest and illustrate
why the principles that will be dealt with in the chapter are
important for the successful financial management of South African
companies. - Critical thinking boxes encourage students to think
deeply about the consequences of various actions in the business
environment, such as implementing financial performance measures,
thereby developing their reasoning skills. - Worked examples guide
students through problems in a step-by-step manner and give them
confidence to tackle questions on their own. -Self-assessment
questions test understanding of the key concepts. - 'Finance in
action' boxes provide real-life examples of the theory covered in
the chapter. The book is aimed at undergraduate and Honours
Financial Management students enrolled in BCom Accounting courses
at universities, primarily those following a CA route.
General
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