Financial objectives; the economic environment - government activity and published statistics; treasury management; the city; the capital market - the market for long-term funds; the stock exchange dealing process; assessment of company securities; the cost of capital and the market value of the firm; costs and benefits of different sources of finance; dividend policy; risk and the capital asset pricing model; short-term sources of finance; working capital management; interest rate and debt management; foreign exchange; amalgamations, reconstructions and business valuations; interpretation of reports and financial statements - general principles; ratio analysis for business finance; management and control in the public sector - the financial management initiative; the public expenditure survey process; public sector financial management and control in practice.
