In response to extensive feedback from reviewers, the fourth edition of this established and popular text has been thoroughly updated to meet the needs of the modern business student. It presents a comprehensive range of topics, but avoids too much detail and unnecessary mathematical analysis, focusing more on the practical application of financial management and its role in decision-making. The numerous examples, activities and exercises make this a stimulating and appealing choice for all students of accounting and finance, as well as those studying accounting or finance as part of a business degree.