Developments in the world's financial markets and the movement towards a global economy mean that finance pervades all levels of management. This study explores finance's underlying theories and examines their practical application in South Africa. Though the book is primarily for those undertaking the qualifying examination of the Public Accountants' and Auditors' Board, its structure makes it suitable for several applications, including executive courses. Students at business schools will find the new edition particularly useful as it incorporates the latest trends in financial management. The examples and answers in the text are designed to be "millenium-friendly".
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