BAC 502: FINANCIAL MANAGEMENT

Institution KENYATTA UNIVERSITY
Course ACCOUNTING
Year 4th Year
Semester Unknown
Posted By Brian Mike
File Type pdf
Pages 209 Pages
File Size 2.06 MB
Views 6304
Downloads 1
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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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