Description
Financial Management: A Step-by-Step Approach, 2nd Edition, by N. R. Parasuraman, provides a comprehensive and accessible introduction to financial management principles and practices. This revised edition breaks down complex financial concepts into manageable, easy-to-understand steps suitable for both beginners and intermediate learners.
The book covers essential topics including financial planning, budgeting, investment analysis, capital structure, working capital management, and financial risk assessment. Through real-world examples, practical case studies, and detailed illustrations, readers gain hands-on knowledge applicable to corporate finance and personal financial planning.
Designed for business students, professionals, and entrepreneurs, this step-by-step methodology enables readers to grasp fundamental concepts and implement effective financial strategies. The second edition incorporates updated content reflecting current financial practices and market conditions, making it an invaluable resource for anyone seeking to enhance their financial literacy and management capabilities.







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