This text has been written to provide managers, who are non-financial specialists, with a clear understanding of financial management principles. It teaches students how to plan and implement financial management approaches, monitor and control finances, review and evaluate financial management processes, and explores financial mathematics and other techniques, financing sources and their mix, cash flow techniques for evaluating capital expenditure and techniques for financial analysis.

1. Introduction to Financial Management
2. Accounting and Business Concepts
3. Understanding and Clarifying Budgets and Financial Plans
4. Communication of Budgets and Financial Plans
5. Implementing Financial Management Approaches
6. Monitoring and Controlling Financial Performance
7. Planning for Contingencies
8. Evaluating Financial Management Processes
9. Financial Calculations (online)
10. Sources of Finance (online)
11. Evaluating Capital Expenditure (online)

Appendix A: Ongoing Case Study - Business background material
Appendix B: Solutions to end-of-chapters self-quizzes
Appendix C: Interest Factor Tables

This text has been written to provide managers, who are non-financial specialists, with a clear understanding of financial management principles. It teaches students how to plan and implement financial management approaches, monitor and control finances, review and evaluate financial management processes, and explores financial mathematics and other techniques, financing sources and their mix, cash flow techniques for evaluating capital expenditure and techniques for financial analysis. Additional instructor and student resources developed for this edition, including Excel templates to accompany the quantitative chapters. New revising author, Sharon Rumble, who teaches this unit at TAFE NSW - Sydney Institute. Inclusion of more examples on non-manufacturing-based sectors, such as retail, logistics, etc. to help managers grasp concepts from contextual perspectives. Content is revised and reorganised to incorporate changes to the new Standards for the FNS Training Package. Closely aligned and mapped to the BSBFIM501 Manage Budgets and Financial Plans unit of competency. Offering supporting chapters (e.g. Financial Mathematics) as downloadable chapters for Instructors. New holistic case studies to enable students to apply knowledge and skills using complex problem-solving skills. Excel sample templates are provided online for students to practice using MS Excel software.