This subject focuses on the activities that should be undertaken within a company to implement effective financial management, and also the financial issues it may be face. It considers the range of funding options facing firms and provides a theoretical framework upon which to make these decisions. The subject also discusses the role of the finance manager managing working capital and long-term assets. Practical application is achieved though analysis of both real Australian companies and scenarios (including liquidation) and hypothetical scenarios. For more information, please refer to the subject outline.