For introductory courses in financial and managerial accounting in the areas of government or public policy and management, not-for-profit management, and health policy and management. One of the few texts that addresses financial and managerial accounting within the three major areas of the public sector. Financial Management for Public, Health, and Not-for-Profit provides the fundamentals of financial management for those pursuing careers within the public, health and not-for-profit fields. With a unique presentation that explains the rules specific to the public sector, this book outlines the framework for students to access and apply financial information more effectively. This edition has added the expertise of new coauthors Bob Purtell (financial markets and health care financial management), Thad Calabrese (not-for-profit and government financial management) and Dan Smith (government area), and includes a new chapter devoted to case studies. Clear organization that places Managerial Accounting before Financial Accounting : When presented in this order this text makes the subject matter more relevant for students and provides them with better clarity of the material. "User Approach"/Appropriate for Managers : Defines the vocabulary, concepts, methods, and basic tools of financial management and financial analysis. - Provides the language skills and tools necessary so that all managers can understand and make use of financial information.
Non-technical presentation : Emphasizes the importance of financial information for making decisions rather than on the technical process of generating financial statements. A highly effective pedagogical package: This package furnishes students with hands-on opportunities to test their knowledge of the material and includes: Analyses Updated appendices Case studies Real-life examples Innovative approach: Shows students how to use Excel for Time Value of Money computations that use a combination of screen shots and explanations of Excel formulae. This approach helps students to more easily understand how to approach TVM with Excel while providing them with tangible examples and descriptions. Offer students the latest information: New Co-authors. This edition features the added knowledge and creativity of several of Finkler's colleagues, including: Bob Purtell lends his particular expertise in financial markets and health care financial management. Thad Calabrese provides insight in the not-for-profit and government financial management areas. Dan Smith offers his in-depth understanding in the government area. New Case Chapter.
The cases in Chapter 9 allow users to get an integrative experience for the material from the first (managerial finance) half of the text. Some of the cases in this chapter have been transferred from the ends of chapters earlier in the book, and some are new to this edition. Updated and Expanded Homework Problems. The homework problems at the end of each chapter have been updated and expanded. The resources available online for instructors, including Homework Excel Templates, Homework Solutions, Power Point slides, and Test Bank problems, have all been revised, updated, and expanded.