Understanding Financial Management: A Practical Guide.

Designed for those who want to gain an understanding of thefundamental concepts and techniques used in financial management.An underlying premise of the book is that the objective of the firmis to maximize value or wealth. Drawing on a wealth of experiencein the academic and professional worlds, the authors discuss howfirms can accomplish this objective by making appropriateinvestment and financing decisions. Bridging the gap between financial theory and practice, theauthors present fundamental concepts in an intuitive andnontechnical way, and provide numerous practical financial tips toreaders. The focus is on current practice, using results fromrecent surveys to show the most popular techniques and approachesused by financial managers today. A range of instructor’s resources are available at theaccompanying website. Visit www.blackwellpublishing.com/baker forfull details..