Pt. I. Fundamentals of financial management. The goal of financial management -- Financial markets, institutions and securities -- Understanding financial statements -- Analysis of financial statements -- Financial planning -- Risk and return -- The time value of money -- Valuation of shares and debentures -- pt. II. Short-term financial management: the management of working capital. Net working capital and cash flow management -- The management of accounts receivable -- The management of inventory -- pt. III. Long-term financial management: investments. Capital budgeting and cash flow principles -- Capital budgeting techniques -- Risk adjustment and other refinements to capital budgeting -- pt. IV. Long-term financial management: financing. The cost of capital -- Leverage and capital structure -- Leasing and convertible securities -- Dividend policy -- Mergers and aquisitions.