Unit 1 Introduction to Financial Management(1).pptx (CMF22A2)

COST AND FINANCIAL MANAGEMENT 2A


Unit 1: Introduction to financial management

, Unit 1: Introduction To Financial Management




Learning outcome:

Explain and appraise the context within which the financial management function takes
place.




2
CFM22A2 INTRODUCTION TO FINANCIAL MANAGEMENT

, ASSESSMENT CRITERIA




• the main financial objective of a company • the external constraints within which the
is accurately summarised; financial manager must operate are
• financial management and financial correctly described;
accounting are correctly differentiated; • financial management is accurately
• the effect of other stakeholders on the defined;
objectives of a company are accurately • the concept ‘value’ is accurately defined;
explained;
• the drivers of value are perfectly identified
• the role of the financial manager is and discussed; and
correctly described;
• the role of the financial manager in creating
• the agency problem is accurately value is accurately explained
explained;


CFM22A2 INTRODUCTION TO FINANCIAL MANAGEMENT