金融學課件英文chpt

1、1Chapter 1: What is Finance?Copyright Prentice Hall Inc. 2000. Author: Nick Bagley, bdellaSoft, Inc.ObjectiveTo Define FinanceThe Value of FinanceIntroduction to the Players2Chapter 1 Contents1 Defining Finance2 Why Study Finance3 Household Finance4 Financial Decisions-Firms5 Forms of Business Organ

2、ization6 Separation of Ownership and Management7 The Goal of management8 Market Discipline-Takeovers9 Role of the Financial Specialists in a Corporation3Important TermsAssetsPersonal investing & Asset allocationLiability, DebtNet Worth = Assets - LiabilitiesExogenous and endogenous elements4(1.9) Th

3、e Roles of Corporate Financial SpecialistsFinancial executive-a person with authority in the following functions:5Financial Functions in a Corporation:PlanningProvision of CapitalAdministration of FundsAccounting and ControlProtection of AssetsTax AdministrationInvestor RelationsEvaluation and Consu

4、ltingManagement Information Systems6Planninglong and short-term financial planningbudgeting for capital expendituresbudgeting for operationssales forecastingperformance evaluationpricing policieseconomic appraisalsanalysis of acquisitions and divestments7Accounting and Controlestablishment of accounting policiesdevelopment & reporting of accounting datacost standardsinternal auditingsystems and procedures (accounting)government reportingreporting & interpreting ope