Sinopsis
It’s hard to define finance—the term has many facets, which makes it difficult to provide a clear and concise definition. The discussion in this section will give you an idea of what finance people do and what you might do if you enter the finance field after you graduate.
Finance as we know it today grew out of economics and accounting. Economists developed the notion that an asset’s value is based on the future cash flows the asset will provide, and accountants provided information regarding the likely size of those cash flows. Finance then grew out of and lies between economics and accounting, so people who work in finance need knowledge of those two fields. Also, as discussed next, in the modern corporation, the accounting department falls under the control of the chief financial officer (CFO).
Content
- Introduction to Financial Management
- Fundamental Concepts in Financial Management
- Financial Assets
- Investing in Long-Term Assets: Capital Budgeting
- Capital Structure and Dividend Policy
- Working Capital Management and Financial Forecasting
- Special Topics in Financial Management
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