Description

In tough economic times, effective financial management is crucial for the sustainability and profitability of any business. Now in its fifth edition, Financial Management in Southern Africa provides a concise and up-to-date explanation of financial management in the context of Southern Africa.

This text is aimed primarily at second-year students of financial management and is an invaluable reference work for practising professionals. Students and practitioners will benefit from the many insights, practical hints and tips, which inform sound financial decisions. It provides comprehensive discussions of how broader issues such as economic conditions affect the management of working capital, investments and financing.

Features

Visual integration of fundamental concepts in the form of a chapter infographic gives students a bird’s eye view of the core framework of each chapter.
Extensive use of graphs, tables and mind maps illustrate and support content.
More than 30 thought-provoking critical-thinking questions challenge understanding of key principles, while an expanded bank of self-test questions (approximately 200 multiple-choice, integrated long questions and short questions) at the end of each chapter provide self-assessment opportunities.
Approximately 50 activity boxes challenge students to apply their knowledge in real-life situations and to anticipate various management challenges they may face in practice.
More than 320 key terms assist students to understand core theory, while approximately 170 examples provide essential information on key financial management theory and practice.
A larger, user-friendly design and layout encourages an understanding of the fundamental concepts and techniques of financial management.
This edition may be used with Using Financial Calculators for Time Value of Money Calculations, a useful resource to anyone studying or working in the field of financial management.

About the authors
Prof Johan Marx is a Professor in the Department of Finance, Risk Management and Banking at the University of South Africa.
Cecilia de Swardt teaches risk management and insurance at the University of South Africa.
Prof Marius Pretorius is a senior lecturer in the Department of Business Management at the University of Pretoria.
Wesley Rosslyn-Smith is a lecturer in the Department of Business Management at the University of Pretoria.

This eBook is in ePDF format, which enables you to:

View the entire book offline on desktop or tablet;
Search for and highlight text; and
Add and edit personal notes directly in your eBook.