CIFA:CORPORATE FINANCE NOTES INTERMEDIATE LEVEL
| Institution | KCA University |
| Course | CIFA |
| Year | 1st Year |
| Semester | Unknown |
| Posted By | Michael Paul |
| File Type | |
| Pages | 245 Pages |
| File Size | 1.65 MB |
| Views | 821 |
| Downloads | 1 |
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Description
Corporate finance is the area of finance dealing with the sources of funding and the
capital structure of corporations and the actions that managers take to increase the value of the firm to the shareholders, as well as the tools and analysis used to allocate financial resources. The primary goal of corporate finance is to maximize or increase shareholder value. Although it is in principle different from managerial finance which studies the financial management of all firms, rather than corporations alone, the main concepts in the study of corporate finance are applicable to the financial problems of all kinds of firms.
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CIFA;Introduction to finance Investment Notes Foundation Level
Meaning of finance
The term finance should be understood in two perspectives - finance as a resource and finance as a
discipline. Finance, as a resource, refers to monetary means of financing assets of an entity. Finance
as a discipline or subject of study, describes how individuals , governments and corporate
organizations manage the flows of money through an organization. In other words, finance tells how
people make decisions about the collection and allocation of resources in organizations like
corporation, school, bank or government agency. Therefore, it is important for all individuals,
businesses, governments and non-government organizations to appreciate the significance of finance
in their day-to-day businesses.
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