Not just a text - A proven learning system! For introductory finance courses at the undergraduate and postgraduate level. Principles of Managerial Finance, 5e is a user-friendly text with a strong pedagogical framework, making it eminently suitable for introductory finance courses. It incorporates a proven learning system that integrates pedagogy with concepts and practical applications. The book concentrates on the concepts, techniques and practices that are needed to make key financial decisions in an increasingly competitive business environment. The strong pedagogy and generous use of examples also make this book an easily accessible resource for long-distance learning and self-study programs. It has also been well received in core MBA courses and in management development and executive training programs in both Australia and New Zealand.

Table of Contents

Part 1: Introduction to Managerial Finance 1. The role and environment of managerial finance 2. Financial statements and analysis 3. Cash flow and financial planning Part 2: Important Financial Concepts 4. Time value of money 5. Risk and return 6. Interest rates and bond valuation 7. Share valuation Part 3: Long-Term Investing Decisions 8. Capital budgeting cash flow principles 9. Capital budgeting techniques 10. Risk and refinements in capital budgeting Part 4: Long-Term Financing Decisions 11. The cost of capital 12. Dividend policy 13. Leverage and capital structure Part 5: Short-Term Financial Decisions 14. Working capital and current asset management 15. Current liabilities management Part 6: Special Topics in Managerial Finance 16. Hybrid and derivative securities 17. Mergers and acquisitions 18. International managerial finance (available for download)

About the Author

Roger H Juchau is Foundation Professor of Accounting and Management at the University of Western Sydney. Previously, Roger was Foundation Professor of Accounting at Lincoln University, New Zealand. He has also held academic posts at Macquarie University, Nepean CAE and The Queensland Institute of Technology, and was Commonwealth Foundation Fellow at the University of the South Pacific. Professor Juchau is a graduate of UNSW, Queensland and Sussex Universities and a Fellow of the CPA Australia and the NZ Institute of Management as well as a member of the Institute of Management Accountants USA. He has been a visiting professor at the University of California, Davis and the Wye College, University of London. Roger initiated and led the development of accounting programs at UWS, South Pacific, Nepean and Lincoln. He has contributed to professional and academic literature through textbook writing, research monographs, and professional and academic papers. Jack Flanagan is Professor of Accounting at the University of Notre Dame, Sydney campus. Jack has been an accounting academic since 1977 and has a wealth of experience in designing and running accounting programs. Jack's research interests include the financial analysis of corporate performance, ethical decision making, and professional education. He is a foundation director of the Accounting Professional and Ethical Standards Board (APESB).