Chapter 1 - Chapter 1 Introduction to Financial Management...

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05/11/09 Chapter 1: Introduction to Financial Management 1 Chapter 1 Introduction to Financial Management Financial Decisions/Activities Business Forms Agency/Stakeholder Issues Financial Management Goals Financial Markets
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05/11/09 Chapter 1: Introduction to Financial Management 2 Financial Decisions/Activities Financial activities and decisions can be divided into 3 areas: Operating Day to day management of generating profits Uses the income statement Activities: Minimize expenses Payroll Maximizing Revenues Pricing Products Billing/Collections Budgets/Reports Responsibilities of the controller Investing Working capital management Capital investments Long term assets Use left side (assets) of balance sheet A lot is responsibility of the treasurer Financing Where does the money come from Right (liability and owners equity) side of balance sheet Mostly done by treasurer Borrowing From banks,bonds Short term borrowing
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This note was uploaded on 04/29/2008 for the course BCOR 2200 taught by Professor Tomnelson during the Spring '08 term at Colorado.

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Chapter 1 - Chapter 1 Introduction to Financial Management...

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