财务管理英语教学.doc

Contents 1 The Goal and Functions of Financial Management 2 Review of Accounting 3 Financial Analysis 4 Financial Forecasting 5 Operating and Financial Leverage 6 Working Capital and the Financing Decision 7 Current Asset Management 8 Sources of Short-Term Financing 9 Time Value of Money 10 Valuation and Rates of Return 11 Cost of Capital 12 The Capital Budgeting Decision 13 Risk and Capital Budgeting 14 Capital Markets 15 Investment Underwriting: Public and Private Placement 16 Long-Term Debt and Lease Financing 17 Common and Preferred Stock Financing 18 Dividend Policy and Retained Earnings 19 Convertibles and Warrants 20 External Growth through Mergers 21 International Financial Management Grading Sheets  1 The Goals and Functions of Financial Management Chapter Objectives 1. Identify how finance builds on the disciplines of accounting and economics. 2. Discuss the analytical decision making nature of finance within a risk-return framework. 3. Describe the primary goal of finance as the maximization of shareholder wealth as measured by share price. 4. Identify possible conflicting goals of finance such as social goals or management interests. 5. Outline the activities of financial managers that are primarily based on the raising and investment of funds in an efficient manner. 6. Identify some of the domestic and international economic conditions that the financial manager should consider. 7. Identify the role of financial markets in allocating capital. Contents I. Financial management is critical for a firm’s success. II. Finance relies upon the disciplines of economics and accounting. A. Economics provides structure to decision making and helps us to understand the economic environment in which the financial manager operates. B. Accounting provides the financial data needed for financial decision making. C. The demand for financial management skills exists in ma