Let an actual former CFO introduce your students to the key financial management topics within PRACTICAL FINANCIAL MANAGEMENT, Sixth Edition. Author, former successful CFO, and recognized instructor William R. Lasher captivates readers with unique insights into the issues and challenges facing financial managers every day. From a look at hidden agendas and the biases of decision makers in the firm to the analyses of financial proposals, Lasher's practical, relevant presentation keep students reading. This edition examines the latest financial developments, including the financial crisis of 2008-2009. You will find an engaging, complete presentation perfectly matched to the needs of today's business students, from the use of everyday math, rather than advanced math in theory sections, to numerous worked-out examples and graphical and intuitive presentations. Lasher's PRACTICAL FINANCIAL MANAGEMENT, Sixth Edition, provides the understanding of financial management today's business students need for future success.
Lasher (Nichols College) has written a textbook based on the assumption that students have never encountered the subject before, and the experience that even students who have prerequisite courses in mathematics and statistics are not really comfortable with quantitative approaches. Therefore he introduces each chapter from the ground zero, and explains the complex mathematics procedures step-by- step at a level for students who have studied the techniques but do not understand them very well. No date is noted for the first edition. Annotation c. Book News, Inc., Portland, OR (booknews.com)
Edition description: (with Thomson ONE - Business School Edition 6-Month Printed Access Card)
Edition number: 6
Product dimensions: 8.20 (w) x 10.20 (h) x 1.30 (d)
Meet the Author
William R. Lasher has a unique background spanning both education and practice in finance that allows him to offer unique, firsthand insights into the world of financial management within this text. Prior to entering full-time academics, he worked for Texas Instruments, Harris Corporation, and the Pacific Telesis organization. He has held positions as a planner, a controller, and a subsidiary CFO. While working in business, Lasher served as an adjunct professor at the University of Dallas, the University of Texas at Dallas, and Golden Gate University in San Francisco. In 1988, he moved into a full-time position in education with Nichols College. Dr. Lasher holds a B.S. and an M.B.A. from Columbia University and a Ph.D. from Southern Methodist University. He is a certified public accountant and has published books on business planning, franchising, and the strategic management of small firms.
Part 1: INTRODUCTION TO FINANCIAL MANAGEMENT. 1. Foundations. 2. Financial Background: A Review of Accounting, Financial Statements, and Taxes. 3. Cash Flows and Financial Analysis. 4. Financial Planning. 5. The Financial System, Corporate Governance, Interest, and the Financial Crisis of 2008. Part 2: DISCOUNTED CASH FLOW AND THE VALUE OF SECURITIES. 6. Time Value of Money. 7. The Valuation and Characteristics of Bonds. 8. The Valuation and Characteristics of Stock. 9. Risk and Return. Part 3: BUSINESS INVESTMENT DECISIONS—CAPITAL BUDGETING. 10. Capital Budgeting. 11. Cash Flow Estimation. 12. Risk Topics and Real Options in Capital Budgeting. 13. Cost of Capital. Part 4: LONG-TERM FINANCING ISSUES. 14. Capital Structure and Leverage. 15. Dividends. Part 5: OPERATIONS ISSUES—WORKING CAPITAL MANAGEMENT AND PLANNING. 16. The Management of Working Capital. 17. Corporate Restructuring. 18. International Finance.