Short-Term Financial Management

Written specifically for upper-level undergraduate finance courses that focus on short-term financial management, working capital, and treasury management, this revised 5th edition of Short-Term Financial Management provides a comprehensive overview of topics that are vital for anyone interested in a career in corporate finance.

The opening chapter reviews the time value of money and the basics of financial statement analysis. This edition also emphasizes benchmarking the cash conversion cycle, revises the discussion of bank relationship management, and expands the section on account analysis statements. In addition, there is new material on the application of statistical tools through the use of Excel.

Each chapter includes student learning objectives, discussion questions, and sample problems. "Focus on Practice" sections introduce students to real-world articles and case studies. The book also features resources that will allow students to practice and apply the target concepts. An excellent introduction to many topics covered by the Certified Treasury Professional (CTP) certification, Short-Term Financial Management is suitable for courses in intermediate financial management and advanced corporate finance.

Matthew Hill holds the Ph.D. in finance from Mississippi State University. Dr. Hill is the co-director of the Center for Strategic Finance and Corporate Treasury Management at Arkansas State University.

John Zietlow earned his D.B.A at the University of Memphis. A former financial analyst for Ford Motor Company, Dr. Zietlow is now a professor of finance at Southwest Baptist University in Bolivar, Missouri.

Terry Maness completed his D.B.A at Indiana University, Bloomington. Dr. Maness is the dean of the Hankamer School of Business at Baylor University.