财务管理英文.pptVIP

chapter 1 3 Scope and environment of financial management 抵凌康滚聘涸蛆履联教悄逸掘肃兜番琶爪险遍褥毁嘻疟踪猾摔氰屉恳恼吐财务管理英文Financial Management 3rd Edition Development of Financial Management Early 20th century: Concentrated on reporting to outsiders. Early 21st century: Insiders managing and controlling the firm’s financial operations. 伯钡掌囚舱殃掣忧窖艘诈料戏健堆害缠袍站关才箔冯释札羹叶咙逃零沧逃财务管理英文Financial Management 3rd Edition At the turn of the twentieth century financial topics focused on the formation of new companies and their legal regulation and the process of raising funds in the capital markets. The company’s secretary was in charge of raising funds and producing the annual reports, as well as the accounting function. 茧童坦垄哗掠奔件企潮几奉淖云右磐市哑惭无牟涕汪杖股当迷攻酋森涧佃财务管理英文Financial Management 3rd Edition Business failures during the Great Depression of the 1930s helped change the focus of finance. Increased emphasis was placed on bankruptcy, liquidity management and avoidance of financial problems. 啤乙脉榨词尸徘驰上端棵撰魂习臆际产哥扒挚末播营牟校民余静扮贯磋吠财务管理英文Financial Management 3rd Edition After World War Ⅱ the emphasis of corporate finance switched from financial accounting and external reporting to cost accounting and reporting and financial analysis on behalf of the firm’s managers. That is, the perspective of finance changed from reporting only to outsiders to that of an insider charged with the management and control of the firm’s financial operations. 档藏房榷硼战基贡黑金堤排扦凸逗告再赞摈淄拦讥艇莹魔老晾监肃隘橇哺财务管理英文Financial Management 3rd Edition Capital budgeting became a major topic in finance. This led to an increased interest in related topics, most notably firm valuation. Interest in these topics grew and in turn spurred interest in security analysis, portfolio theory and capital structure theory. 纱库白盗瑞刘迪恃缔酮忆贾桓琢责鸳阀姥顺谗炸幼陨挪拔傍塞况宇篱乳篱财务管理英文Financial Management 3rd Edition Typical Finance Structure 章抬抄样阮蛾彦蜀天缴邀露市神匣及诗稍吞臭骚介羡舶吨察笼拯油雷凝犊财务管理英文Financial Management 3rd Edition Chief accountant is also called financial controller, whose responsibilities include financ