The first Canadian edition of Practical Financial Management is the latest milestone in a journey in education shared by the authors. They believe that most finance texts are harder for students to understand than they should be. The issue is relatively unique to this field. Practical Financial Management is unique because of its approach to teaching finance; that approach is the result of a combination of classroom and practical experience. The book is easy to read, enjoyable, and non-intimidating. In other words, the text is accessible and the reviewers have been unanimous in their praise of the work's conversational style and readability.
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William R. Lasher has a unique background spanning both education and practice in finance that allows him to offer unique, firsthand insights into the world of financial management within this text. Prior to entering full-time academics, he worked for Texas Instruments, Harris Corporation, and the Pacific Telesis organization. He has held positions as a planner, a controller, and a subsidiary CFO. While working in business, Lasher served as an adjunct professor at the University of Dallas, the University of Texas at Dallas, and Golden Gate University in San Francisco. In 1988, he moved into a full-time position in education with Nichols College. Dr. Lasher holds a B.S. and an M.B.A. from Columbia University and a Ph.D. from Southern Methodist University. He is a certified public accountant and has published books on business planning, franchising, and the strategic management of small firms.
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