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Financial  management Developing an understanding of the role of financial planning within business operation.
Business and resources ,[object Object],[object Object],[object Object],[object Object],[object Object]
Introduction and scope ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Importance and meaning ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Financial planning ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
The importance of financial management   ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Objectives of financial management ,[object Object],[object Object],[object Object],[object Object],[object Object]
The objectives are to maximise a business’s ,[object Object],[object Object],[object Object],[object Object],[object Object]
Profitability ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Liquidity  ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Efficiency ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Return on Capital ,[object Object],[object Object],[object Object],[object Object],[object Object]
Growth ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
The planning cycle Monitoring cash flows Determining financial  elements Developing budgets Interpreting reports Maintaining Record systems Planning financial controls Minimising risk And losses Addressing present Financial position
Developing budgets ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Revenue statement, statement of financial performance ,[object Object],[object Object],revenue costs
Revenue statement continued ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Expenses  ,[object Object],COGS or Cost of goods is shown separately from expenses. Selling Administrative financial commission stationary Interest payments salaries Office salaries Lease payments wages rent dividends delivery rates insurance
Balance sheets ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],header
Items in the Balance sheet ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
liabilities ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Owners equity ,[object Object],[object Object]
Cash flow statements ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

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Financial management: concept and roles

  • 1. Financial management Developing an understanding of the role of financial planning within business operation.
  • 2.
  • 3.
  • 4.
  • 5.
  • 6.
  • 7.
  • 8.
  • 9.
  • 10.
  • 11.
  • 12.
  • 13.
  • 14. The planning cycle Monitoring cash flows Determining financial elements Developing budgets Interpreting reports Maintaining Record systems Planning financial controls Minimising risk And losses Addressing present Financial position
  • 15.
  • 16.
  • 17.
  • 18.
  • 19.
  • 20.
  • 21.
  • 22.
  • 23.