Summary Financial
Management 2024
, summary financial management
2024 - 2025
Chapter 1: Introduction
Learning Objectives: objectives and functions of financial management
The role of the financial manager ?
The financial manager is responsible for the finances.
Which assets should be invested by the firm. How should the firm finance the assets. Should financial flows be
managed. Financial planning.
What is the main goal of financial management.
Revenues, Profits, Profits per share, and value per share are all related.
The Process
Developing
opportunities
Creating
value
Managing and Gathering
building operations resources
Process: Goal:
Developing opportunities Creating value
Gathering resources
Managing and building operations
Fundamentals
Entrepreneurship A process of changing ideas into commercial
opportunities and creating value.
An individual who thinks, reasons and acts to convert
Entrepreneur
ideas into commercial opportunities and to create value.