Fundamentals of Financial Management

A well-written, technically correct textbook that takes a practical approach to financial management, this text develops a strong understanding of how funds are raised and allocated by today¿s businesses and the impacts of financial decisions on value creation.

Do you want to understand the impacts financial decisions have on the value of companies? Ideal for those new to financial management, this sparklingly clear text cuts through the mire of the financial decision-making process. A practical and reliable book, free from technical errors, backed up by a wealth of award-winning support material. Fundamentals of Financial Management is your route to understanding the impacts of financial decisions on value creation.

Covers the 3 key areas of financial management decisions:

*investment

*financing

*asset management

"wonderful book" Enrico Gallina, The European School of Economics, Italy

"this is the best book I have found so far" Jean Bellemans, VUB, Belgium

"A classic book that is probably the best that has been written. My students like the book. I find it very significant that the students are not confused by the material or terminology." Peter Went, Bucknell University, USA

"an informative, entertaining website" Strategic Finance Magazine

Ideal for introductory courses in financial management. It is also useful for those studying for a professional qualification or as a reference for practitioners.

Suggested reading for Certified Financial Manager (CFM) and Certified Management Accountant (CMA) examinations.

James C. Van Horne, Professor of Banking and Finance at Stanford University, is also the author of Financial Management and Policy, a Pearson Education text.

John M. Wachowicz JR. is Professor of Finance at The University of Tennessee