ACCA Financial Management: A Comprehensive Guide (ePub)

An In-depth Guide to ACCA Financial Management explores the vital aspects of financial management within the broader context of corporate strategies. Beginning with a succinct overview of the main roles of financial management, it subsequently bridges its intricate association to corporate strategies and organizational goals. A following section explicates Ratio Analysis, offering comprehensive insights into dissecting financials, irrespectively calculating return on assets, debt-to-equity ratio, the current ratio, among others. A significant part of the book covers Macroeconomic Policy Targets and techniques for managing exposure to foreign currencies preserving the financial well-being of a business. The guide ventures further into discussing detailed aspects of Cash Conversion Cycles, Price-to-Earnings Ratios and the Elasticity Approach, revealing valuable tactics to derive financial benefits from market conditions. It then shed light on measurement tools such as NPV (Net Present Value) and IRR (Internal Rate of Return) and also discusses strategies toward Shareholder Wealth Maximization and Profit Maximization. Key insights for boosting ROI, optimizing EPS, stimulating growth are also inferred. You'll further delve into understanding case studies involving Exchange Rates, Interest Rates, Stocks and Bonds in Financial markets, such real-world instances come in handy for would-be financial managers in strategizing more effectively and avoiding erroneous steps. The guide covers a comprehensive range of money market instruments and Derivative Products like Options Contracts, Forward Contracts, and Swap Contracts. Similarly, essential topics like the game plan to enhance return via the Dividend growth model, Capital Asset Pricing Model (CAPM), cost underlying equities, bonds and drafts, assets, bank debts truly enrich the narrative. Yield-enhancing tactics hinged on weighted average cost of capital (WACC), or average and marginal capital cost, discussions about managing capital construction regulations, offering the Miller-Modigliani Theory as a degree of explanation, are scrutinised and duly explained in-depth.