Financial Management: Turning Theory into Practice 2014

Opening case studies engage student interest and illustrate
why the principles that will be dealt with in the chapter are important for the
successful financial management of South African companies.

Critical thinking boxes encourage students to think deeply
about the consequences of various actions in the business environment, such as implementing
financial performance measures, thereby developing their reasoning skills.

Worked examples guide students through problems in a step-by-step
manner and give them confidence to tackle questions on their own.

Self-assessment questions test understanding of the key
concepts.

'Finance in action' boxes provide real-life examples of
the theory covered in the chapter.

Financial management: Turning theory into practice is an accessible
and principles-based financial management textbook for undergraduate and Honours
Accounting students. The book takes cognizance of changes in the economic environment
and their implications for the role of financial management and the teaching of
the subject.
Financial management follows the SAICA syllabus for
financial management but also takes the skills required by the CIMA syllabus into
account. It acknowledges the intent behind the SAICA Competency Framework to develop
problem-solving, critical thinking and ethical business leaders, but at the same
time provides academic and financial literacy support to students. This guided approach
serves to produce both technically competent students as well as students who will
be capable financial leaders in the workplace.