Introduction
This user guide provides an overview of the 13th Edition of 'Fundamentals of Financial Management' by J. Van Horne and John M Wachowicz. Designed for introductory courses, professional qualifications, and as a reference for practitioners, this book offers a practical introduction to financial management in today's dynamic business environment.
The 13th edition maintains its focus on financial decision-making and value creation, while incorporating an international scope and new topics such as corporate governance, ethical dilemmas, globalization of finance, strategic alliances, and outsourcing.
Getting Started with the Text
To maximize your learning experience, begin by familiarizing yourself with the book's structure. Each chapter builds upon foundational concepts, guiding you through the complexities of financial management.
Target Audience
- Students in introductory financial management courses.
- Individuals pursuing professional financial qualifications (e.g., ACCA, CMA).
- Practitioners seeking a comprehensive reference.
Key Features of the 13th Edition
- Expanded coverage of Corporate Social Responsibility and Sustainability (Chapter 1).
- Discussion of financial statement analysis and convergence of accounting standards (Chapter 6).
- Updated material on cash and marketable securities management (Chapter 9).
- Inclusion of Islamic sukuk bonds in International Financial Management (Chapter 24).
The book uses simple language to ensure accessibility for all readers, including non-native English speakers.
Navigating Core Concepts
The book is structured to facilitate a deep understanding of financial management principles. Chapters are organized thematically, progressing from foundational theories to more advanced applications.
Chapter Structure
Each chapter typically includes:
- Clear learning objectives.
- Detailed explanations of financial theories and models.
- Real-world examples and boxed features to illustrate concepts.
- End-of-chapter problems and questions for practice.
Understanding Financial Decision-Making
The central theme revolves around the financial decision-making process and the analysis of value creation. Pay close attention to how various financial decisions impact a company's overall value.
Applying Principles and Advanced Topics
Beyond the core, the 13th edition delves into contemporary issues relevant to modern financial management.
- Corporate Governance: Explore the mechanisms by which corporations are directed and controlled.
- Ethical Dilemmas: Understand the ethical considerations in financial decision-making.
- Globalization of Finance: Analyze the impact of international markets and cross-border transactions.
- Strategic Alliances and Outsourcing: Examine how these business strategies influence financial operations.
Utilize the provided examples and case studies to apply theoretical knowledge to practical scenarios.
Additional Resources and Support
To enhance your learning and practice, the authors and publisher provide supplementary materials.
- Online Resources: Visit www.pearsoned.co.uk/wachowicz for free student resources, including self-test multiple choice, true/false, and essay questions.
- Author's Website: Access the author's award-winning website for additional online testing material, exercises, and regularly updated links.
- Online Glossary: Clarify key terms with the comprehensive online glossary.
- Excel Templates: Download Excel templates for a spreadsheet approach to solving end-of-chapter problems.
- PowerPoint Slides: New for this edition, access PowerPoint slides on key chapters and learn how to use Excel for problem-solving.
These resources are designed to reinforce concepts and provide practical application skills.
Product Specifications
| Attribute | Detail |
|---|---|
| Title | Fundamentals of Financial Management |
| Edition | 13th Edition |
| Authors | J. Van Horne, John M Wachowicz |
| Publisher | Pearson |
| Publication Date | November 14, 2008 |
| Language | English |
| Print Length | 719 pages |
| ISBN-10 | 0273713639 |
| ISBN-13 | 978-0273713630 |
| Item Weight | 3.1 pounds |
| Dimensions | 7.6 x 1.1 x 10.4 inches |
Support Information
For academic support, additional resources, or inquiries regarding the content of 'Fundamentals of Financial Management, 13th Edition', please refer to the publisher's official website and the supplementary online resources mentioned in the 'Additional Resources and Support' section.
Direct support for the book's content is primarily provided through the educational resources linked by the authors and publisher.
