Description
This book equips CPA learners to apply advanced financial management techniques in private and public sector organisations, following the KASNEB syllabus for Paper No. 15. It covers risk and uncertainty in capital budgeting, APV, capital rationing, inflation, unequal lives and real options, portfolio theory, CAPM, APT and portfolio performance measures, cost of capital and capital structure theories, long-term financing decisions and duration. It also covers mergers and acquisitions, corporate restructuring and failure prediction, derivatives and option pricing, foreign currency risk management, international financial management, real estate finance and contemporary issues such as cryptocurrency, Islamic finance and behavioural finance, with fully worked examples throughout.
