Effective financial management : the cornerstone for success / Geoff Turner.

Format:

Book

Author/Creator:

Turner, Geoff.

Series:

Financial accounting collection, 2152-7121.

Financial accounting collection, 2152-7121

Language:

English

Subjects (All):

Business enterprises--Finance.

Business enterprises.

Physical Description:

1 online resource (166 p.)

Edition:

1st ed.

Place of Publication:

[New York, N.Y.] (222 East 46th Street, New York, NY 10017) : Business Expert Press, 2011.

Language Note:

English

Summary:

In a fast-changing world, brimming with social and economic uncertainty, financial information plays a vital role in the life of an organization and does so with two sets of eyes. One set looks back to see what has happened. This is the accounting function, which is simply about the recording of events and the production of the financial reports that satisfy the stewardship responsibility of management. The other set looks forward to determine the most appropriate strategic direction for an organization, guiding managerial actions, motivating behaviors, and creating and supporting the cultural values necessary to achieve an organization's strategic objectives. This book is all about the second set of eyes, which are the lenses of financial management, that help organizations plot their ways through an environment filled with opportunities and dangers. For students and aspiring managers, as well as those who already have management responsibilities, this book provides an insight, through the eyes of the characters of a start-up company, of some of the ideas and models that help to identify the possible strategies capable of maximizing an organization's value, which is the same as making the owners as wealthy as possible, to determine how to finance the organization in the most proper way, to allocate the collected capital in the most effective way, to monitor the implementation of the chosen strategy to see whether it is meeting the planned objectives, and to reasonably decide on the reinvestment and distribution of profits.

Contents:

Preface

Acknowledgments

Part I. Where are we now

1. In the beginning

Part II. Where do we want to be

2. Planning to get there

3. Understanding the business

4. Understanding the risks

Part III. How do we get there

5. Finding the money

6. Is this the right idea

Part IV. How do we know that we've arrived

7. Measuring business performance

8. Analyzing business performance

Part V. Where to next

9. Are we creating value for owners

10. Business mergers and valuation

Epilogue

Appendix

Notes

Index.

Notes:

Description based upon print version of record.

Includes bibliographical references (p. 145-146) and index.

Title from PDF t.p. (viewed on April 29, 2011).

ISBN:

9781283892902

1283892901

9781606492345

1606492349

OCLC:

767579577

Publisher Number:

2 BEP