financial management by Mariam khedher

FINANCIAL management: 

FINANCIAL management Mariam khedher AIESEC thyna in TUNISIA 2011-2012

FINANCE : 

FINANCE FINANCE is the life-blood of business. Without finance neither any business can be started nor successfully run . Finance is needed to promote or establish business, acquire fixed assets, make necessary investigations, develop product keep man and machines at work ,encourage management to make progress and create values.

FINANCIAL MANAGEMENT : 

FINANCIAL MANAGEMENT IT is one of the functional area of management. It refer to that part of the management activity which is concerned with the planning and controlling of firms financial resources.

What is Finance Anyway?What is this course all about? :: 

What is Finance Anyway?What is this course all about? : Accounting is the language of business. Finance uses accounting information together with other information to make decisions that affect the market value of the firm. There are three primary decision areas that are of concern.

PowerPoint Presentation: 

1) Investment decisions - What assets should the company hold? This determines the left-hand side of the balance sheet. these decision are concerned with the effective utilization of funds in one activity or the other. 2 ) Financing decisions - How should the company pay for the investments it makes? This determines the right-hand side of the balance sheet. it is also known as capital structure decision. It involves the choosing the best source of raising funds and deciding optimal mix of various source of finance 3) DIVIDEND decisions -What should be done with the profits of the business? The dividend decision is concerned with determining how much part of the earning should be distributed among the share holders by way of dividend and how much should be retained in the business for meeting the future needs of funds internally.

PowerPoint Presentation: 

All management decisions should help to accomplish the goal of the firm! Then , What should be the goal of the firm?

PowerPoint Presentation: 

Objectives of Financial Management a. Financial objectives . Non-Financial Objectives Financial objectives or Financial Goals: Profit Maximization Shareholders’ Wealth Maximization ( value of the firms’ shares EPS maximization ( earning per share ) Non financial Objectives : General welfare of employees ,General welfare of society , Fulfillment of responsibilities towards customers, suppliers etc , leadership in R&D and effective utilization of funds Firm’s primary objective is maximizing the welfare of owners, but in operational terms, they focus on the satisfaction of its customers.

Some important questions that are answered using finance : 

Some important questions that are answered using finance

PowerPoint Presentation: 

Financial managers try to answer some or all of these questions The top financial manager within a firm is usually the Chief Financial Officer (CFO) **Treasurer – oversees cash management, credit management, capital expenditures and financial planning **Controller – oversees taxes, cost accounting, financial accounting and data processing

Finance Manager’s Role: : 

Finance Manager’s Role:

THANKS FOR ur attection : 

THANKS FOR ur attection Mariam klhedher :D Plz remember :::: If you don't start out the day with a smile, it's not too late to start practicing for tomorrow