ICSA STUDENTS PLEASE NOTE: When you register for a module for the first time will receive a copy of the study text as part of the registration package. You do not need to order the text separately. You should only order a text if you require a replacement copy or new edition.

This module will equip you with the knowledge to understand the issues involved in corporate financial policy, planning, decision making and control which are all central requirements of the skill sets of Chartered Secretaries.

The fully revised ICSA Study Text in Corporate Financial Management, 6th edition will aid students working towards their examinations build their understanding of the nature, importance and costs of capital and the role and efficiencies of the capital markets. These skills and knowledge will ensure that, as a Chartered Secretary, you can communicate efficiently with the board and shareholders.

These study texts have been written specifically for students preparing for the professional level examinations of the Chartered Secretary qualification. This comprises the eight modules of the ICSA Professional Part 1 and Professional Part 2 programmes. The texts incorporate the latest syllabus changes and an innovative range of features to encourage active learning and to apply theory in real-life business situations. The materials are structured clearly to help in planning a programme of study. Further support is provided by notes on improving study skills and examination technique. The latest syllabuses, together with an overview from the Chief Examiner, are also provided.

Key learning features:

• Test your knowledge questions
• Definitions in the margin to explain key terms
• Theory into practice exercises
• Stop and think boxes
• Worked examples showing questions and answers
• Practice questions with answers

Useful reference material is also provided at the end of the text such as a glossary, directory of further reading, web-based resources and useful organisations and a comprehensive index. Additional information for students is available from www.icsa.org.uk.

•  ISBN: 9781860724237 •   Published June 2009 • £39.95

Contents
PART ONE FINANCIAL OBJECTIVES AND FINANCIAL MANAGEMENT
Chapter 1 Financial objectives
Chapter 2 Financial requirements and their impact on business planning
PART TWO SOURCES OF FINANCE
Chapter 3 Financial markets
Chapter 4 Share capital
Chapter 5 Loan capital and other sources of finance
PART THREE COST OF CAPITAL AND CAPITAL STRUCTURE
Chapter 6 Cost of capital
Chapter 7 Portfolio theory
Chapter 8 The capital asset pricing model
Chapter 9 Capital structure
PART FOUR WORKING CAPITAL MANAGEMENT
Chapter 10 Working capital and cash management
Chapter 11 Working capital management: planning and control
PART FIVE CAPITAL BUDGETING
Chapter 12 Capital investment appraisal
Chapter 13 Planning capital investment decisions
PART SIX BUSINESS REORGANISATION
Chapter 14 Mergers and acquisitions
Chapter 15 Disinvestment, business failure and capital reconstruction
PART SEVEN MULTINATIONAL COMPANIES
Chapter 16 International trade
Chapter 17 International finance

About the author
Michael Potton: