1 / 6

Understanding Finance: Key Concepts, Players, and Functions in Corporate Financial Management

This comprehensive guide defines finance, explores its value, and introduces key players and terms in the financial sector. Topics covered include assets, liabilities, net worth, and the vital roles of financial specialists within corporations. Learn about essential functions such as capital planning, fund administration, accounting, asset protection, and tax administration. The guide also delves into budgeting, performance evaluation, and various financial analyses crucial for effective corporate management, providing insights into both short-term and long-term financial strategies.

melvin-gordon
Télécharger la présentation

Understanding Finance: Key Concepts, Players, and Functions in Corporate Financial Management

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. What is Finance? Objective To Define Finance The Value of Finance Introduction to the Players

  2. Important Terms • Assets • Personal investing & Asset allocation • Liability, Debt • Net Worth = Assets - Liabilities • Exogenous and endogenous elements

  3. The Roles of Corporate Financial Specialists • Financial executive--a person with authority in the following functions:

  4. Financial Functions in a Corporation: • Planning • Provision of Capital • Administration of Funds • Accounting and Control • Protection of Assets • Tax Administration • Investor Relations • Evaluation and Consulting • Management Information Systems

  5. Planning • long and short-term financial planning • budgeting for capital expenditures • budgeting for operations • sales forecasting • performance evaluation • pricing policies • economic appraisals • analysis of acquisitions and divestments

  6. Accounting and Control • establishment of accounting policies • development & reporting of accounting data • cost standards • internal auditing • systems and procedures (accounting) • government reporting • reporting & interpreting operations results • comparing performance with operating plans and standards

More Related