Financial management for non-financial managers / Clive Marsh.

Includes bibliographical references and index.

Introduction -- Types of business structure and their finance -- The role of the accounting and finance department -- Accounting and financial statements -- Analysis and financial ratios -- Planning and budgeting -- Product and service costing and pricing -- Setting selling prices and marketing strategies -- Investment appraisal -- Finance, funding and working capital -- International transactions and currency risk -- Company taxation and financial management -- The value of a business -- Financial strategy the cost of capital dividend policy -- Case studies -- Case .1. Misuse of short-term funds with disastrous consequences -- Case .2. Foreign exchange hedging v speculation --- Case .3. Stock valuations and profits -- Case.4. Bank loans and covenants -- Case .5. Separating money transmission from a lending bank -- Case.6. Credit ratings and fundamental analysis -- Case.7. Advantages and disadvantages of internal charging -- Case.8. Marginal costing v full absorption costing -- Case.9. Overtrading: profits but no cash -- Case.10. Integrating the planning and budgeting process, leading to outsourcing -- Government deficits and cost cutting -- Case.12. A 5percent increase in sales in generally worth more than a 5 percent reduction in costs -- Case.13. Large capital projects and control: critical path analysis and integration with mainstream accounts -- A mass of figures just makes life more complicated -- High levels of fixed costs when income is variable can cause failure -- Interest rates and inflation -- Appendices -- Index