Financial planning : Profit improvement through modelling

In order to ensure the continued improvement of business performance it is vital for managers and finance professionals to enhance and update their financial planning skills. The new edition of Financial Planning focuses on the achievement of improved profit through the interpretation of financial information and its use in financial planning, control and decision making. Fully revised to take account of modern financial modelling techniques, the board adopt a managerial perspective and heightens the reaser's awareness of the issues surrounding financial planning. Financial Planning clearly demonstrates how computer models can be used as a valuable and flexible aid to financial decision making and analysis and examines both the advantages and disadvantages of such methods. Concentrating on the practical application of the techniques, the book covers numerous relevant areas including: analysis of financial performance;financial structures;cost behaviour and value improvement;working capital management;investment appraisal;budgeting and control and decision making. The authors use real-life case studies to demonstrate the various methods and techniques in action. While the book assumes some basic prior financial knowledge, its integration of accounting/finance and IT also make it invaluable to students on MBA or DMS programmes, or on professional accounting courses.