Financial Management

Financial Management Book

• For B.Com. (Hons.) Semester V of Kolhan, Binod Bihari Mahto Koylanchal University, Sidho Kanhu Murmu University, St. Xavier’s Ranchi & Jamshedpur Women’s College
• For B.Com.(Hons.) Semester VI of Ranchi University, Nilambar Pitambar University & Vinoba Bhave University

Management education in our country has recently experienced a sea-change in its curriculum, wherein electives in finance and marketing have been enlarged. In fact, finance has assumed greater significance for all those pursuing a Commerce course or its ally. It is now a well-established fact that the success of any business concern depends inter-alia upon the efficiency with which funds are being managed. That is why there is a separate paper/subject of ‘Financial Management’ almost in every curriculum of B. Com. As a teacher of Accounting and Finance, I have gathered from the student’s interaction that there is a need
for a text which must provide a comprehensive understanding of principles, problems, techniques of financial management, i.e., of financing, investment, and dividend decisions. It is this need that prompted me to write a text in a very simple style in a native context. The result is before the readers.

Some pedagogical features of the Financial Management book are:

• All chapters have been thoroughly revised and updated;
• Thoroughly revised on the basis of the Companies Act, 2013;
• Rate of Income Tax @ 25 percent on companies has been applied in all numerical questions as per amendment made by the Finance (No. 2) Act, 2019.
• A chapter on Sources of Long-Term Financing has been updated and enlarged.
• Comprehensive presentation of the concepts and relevant theories;
• Several new Illustrative problems have been included in every chapter for a better understanding of the principles and techniques;
• In each chapter, besides Long Answer and Short Answer Type Questions. Multiple Choice Questions with answers have been given a large number of.
• Use of charts and figures to bring more clarity;
• Many new exercises and problems have been included in each chapter to help the students in better learning and understanding.

Financial Management Book Contents

1. Financial Management
2. Financial Planning
3. Capitalization
4. Capital Budgeting
5. Cost of Capital
6. Leverage Analysis
7. Capital Structure (Concept and Planning)
8. Capital Structure (Theories and Determinants
9. Dividend Policy
10. Management of Working Capital
11. Financing of Working Capital (Including Factoring)
12. Management of Cash (Including Payables Management)
13. Management of Receivables
14. Inventory Management
15. Concept of Time Value of Money
16. Risk and Return (Including Capital Asset Pricing Model and Risk-Return Trade-Off)
17. Valuation of Securities
18. Sources of Long-Term Financing