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BAC 502: FINANCIAL MANAGEMENT
| Institution | KENYATTA UNIVERSITY |
| Course | ACCOUNTING |
| Year | 4th Year |
| Semester | Unknown |
| Posted By | Brian Mike |
| File Type | |
| Pages | 209 Pages |
| File Size | 2.06 MB |
| Views | 3086 |
| Downloads | 1 |
| Price: |
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Description
The modern day financial manager is instrumental to a company’s success. As cash flows pulsate through the organization, this individual is at the heart of what is happening. If finance is to play a general management in role in the organization, the financial manager must be a team player who is constructively involved in operations, marketing and the company’s overall strategy. Where once the financial manager was charged only with such tasks as keeping record, preparing financial reports, managing the company’s cash position, paying bill, and, on occasion, obtaining funds, the broad domains today includes (i)investments in assets and new products and (ii) determining the best mix of financing and dividends in relations to the company’s overall valuation.
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