Cover Half-Title Series Title Copyright Contents Preface 1 Introduction Taking control The art and craft of financial management 2 Understanding accounts Introduction What is behind the figures? Comparisons Statistical analysis and key ratios Performance measures for non-profit organisations Summary Assignment 3 Financial reporting Introduction Reporting -- external and internal Break-even analysis Effective presentation of figures Assignment 4 The budgeting process Introduction The budgeting cycle Making plans Measuring performance Monitoring performance. Investigating variancesAmending plans Time scale SWOT analysis The bottom line Targets Assignments 5 Controlling working capital Introduction What is working capital? Why does working capital need to be controlled? Stock control Work in progress control Creditors Credit control lbree golden rules Cash management Assignment 6 Financial input into management decisions Introduction Selling and pricing Cost accounting Risk management Insuring against risks Fraud prevention Tax compliance and planning Rewarding employees Treasury management. Internal and financial controlsAudit -- external and internal 7 Measures of success Introduction The investment approach Total shareholder value Four key measures of success Organic growth Other corporate values Measurement of future success Assignments 8 Phases of business llfe Introduction Start up Growth Acquisitions, mergers and demergers Crisis management Assignment 9 Managing bank relations Introduction What does the bank have to offer? How the bank manager approaches the customer Writing winning business plans Cash flow forecasting. 10 Loan capital, overdrafts and working capital financeIntroduction Gearing and capital structure Term matching Raising long-term loan capital Raising short-term finance Finance leases and hire purchase Grants 11 Equity capital Introduction Share capital Capital markets Issuing shares Classes of shares and retaiuing control Repaying capital to shareholders Venture capital Dividend policy Appendix 1 Useful websites Appendix 2 Investment terms Answers Glossary Further reading Index.