Fundamentals of Financial Management, 15th Edition provides a comprehensive and balanced introduction to the principles and practices of corporate finance. Renowned for its clear explanations, contemporary examples, and practical approach, this edition helps learners understand both the concepts and the underlying rationale behind key financial decisions. The text covers essential topics such as corporate budgeting, capital structure, working capital management, forecasting, valuation, and the Time Value of Money, offering a strong foundation for effective financial decision-making.

This edition also highlights current financial issues and global economic developments, including federal debt challenges, the recovery of financial markets, and the European debt crisis. Through a blend of theoretical insights and hands-on exercises, the authors guide students in applying financial tools and frameworks to real-world scenarios. Widely recognized as a leading resource in financial education, this book equips readers with the analytical skills and practical knowledge needed to navigate today?s complex financial environment.