It consists of two chapters: 1. Introduction to corporate financial management; 2. Accounting reports and cash flow.
Financial management personnel must answer three important questions during business activities. First,
What long-term investment projects should the company implement? This is a capital budget issue. Second, how can we raise funds for the projects to be invested? We call this a financing decision. Third, how do enterprise managers manage daily cash and financial work? These include short-term financing and decisions on net operating capital.
In Chapter 1st, we discuss such important issues. First, briefly introduce the basic ideas of this book
He wants to describe the essential characteristics of a modern company and why the company becomes the main organizational form of the enterprise.
Through the application of contract theory, this chapter also discusses the objectives of modern companies. Although the goals of shareholders and managers are not always the same, conflicts between them can be resolved in favor of the shareholders.
Finally, this chapter reviews the notable features of modern financial markets. Students with a background in accounting, finance, and economics should be familiar with these preparations.
In Chapter 2nd, we examine basic financial statements. For students with an Accounting Foundation
It's just a review. We have discussed the balance sheet and income statement. This chapter focuses on how to convert accounting report data to cash flow. It is especially important to learn about how to identify cash flows from the accounting statements about capital budgeting in the following chapters of this book.
Company Wealth Management .rar (9715 KB)
