Synopsis Finance has remained a mystery to many managers and often, non-finance managers leave this area to financial experts due to their lack of understanding of the concepts of financial strategy. Sometimes, finance managers suggestions do not tally with the strategic decisions of the top management. This distant relationship between general managers and finance managers may lead to value-destroying decisions. Thus, non-finance managers must know some conceptual issues of financial strategy. This book takes a close look at various intriguing issues of strategic finance such as an in-depth analysis of financial statements, working capital management and strategic cost management, financial distress and restructuring and inflation. In its entirety, this book provides interesting reading and, hopefully, readers will find true benefit from it.