金融学英文课件：Chapter 1 What is Finance.pptVIP

Chapter 1:  What is Finance? Chapter 1 Contents 1 Defining Finance 2 Why Study Finance 3 Household Finance 4 Financial Decisions--Firms 5 Forms of Business Organization 6 Separation of Ownership and Management 7 The Goal of management 8 Market Discipline--Takeovers 9 Role of the Financial Specialists in a Corporation Important Terms Assets Personal investing Asset allocation Liability, Debt Net Worth = Assets - Liabilities Exogenous and endogenous elements (1.9) The Roles of Corporate Financial Specialists Financial executive--a person with authority in the following functions: Financial Functions in a Corporation: Planning Provision of Capital Administration of Funds Accounting and Control Protection of Assets Tax Administration Investor Relations Evaluation and Consulting Management Information Systems Planning long and short-term financial planning budgeting for capital expenditures budgeting for operations sales forecasting performance evaluation pricing policies economic appraisals analysis of acquisitions and divestments Accounting and Control establishment of accounting policies development reporting of accounting data cost standards internal auditing systems and procedures (accounting) government reporting reporting interpreting operations results comparing performance with operating plans and standards * * Copyright ? Prentice Hall Inc. 2000. Author: Nick Bagley, bdellaSoft, Inc. Objective To Define Finance The Value of Finance Introduction to the Players * * Finance Bodie and Merton Chapter 4: Time Value of Money *