The Principles of Financial Management course covers the theoretical and practical fundamentals of financial management. The course begins with a definition of finance, its objectives, and the functions of financial management. The course includes a study of the concepts of the time value of money and how time affects financial value. It also focuses on analyzing financial statements and using them in making financial decisions, in addition to studying cash budgeting, whether without borrowing or with borrowing. The course also covers financial statements and break-even analysis, with an emphasis on capital budgeting and determining the cost of capital.