Agustin-Acierto, Marife creator author. Sumapid, Mary Joy M. author. Acierto, Gilfred Abad author. text Quezon City, Philippines Unlimited Books Library Services & Publishing Inc. c2025 monographic eng

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x, 223 pages : illustration (black and white) ; 22 cm. "This book helps the reader understand financial management in terms of preparing, directing, and managing the money activities of a firm. Companies today face fast-changing business activities such as buying, selling, and using the money for best results to increase funds or to produce the best value for money. This will also mean applying general management concepts to the cash of the firm. Each chapter presents important topics of this book such as: Chapter 1 discusses financial management and the companies finance team's responsibility for managing their finances. It identifies their responsibilities of ensuring the company follows all regulations, stays solvent, and is as profitable as possible. Also, this section explains the decision rule "Only take actions that are expected to increase the share price". The three core types of financial decisions-investment, financing, and operational identify the overall financial management of a company. Three interrelated disciplines-finance, economics, and accounting. Also, corporate governance, ethics, and agency issues are being discussed. The last part of the chapter contains information on strong corporate governance. Chapter 2 tackles financial statements and their elements. The discussion is somewhat comprehensive and easy to understand. The components fully describe with corresponding examples. It also presents knowledge on how to analyze the balance sheet and income statement through financial ratios. Accordingly, the past performance of the firm can help in the generation of information. The financial analysis helps in the decision making with the aid of common tools and techniques enumerates in this chapter. It provides a way to interpret the changes in a company's financial structure. Last topic of this chapter discusses the different activities of a company such as operating, investing, and financing which helps in constructing a cash flow statement. Chapter 3 deals with financial forecasting. It describes the usefulness of the forecasting in identifying future potential problems. The analysis of different uses of forecasting identifies how the firms can avoid difficulties in handling business operations. The basis of determination and evaluation becomes essential tool in financial planning. The firm can consider various tools of forecasting as discuss in this chapter. Chapter 4 focuses on working capital and cash management. It comprehensively explains the concept of working capital management, networking capital, and the related trade-off between profitability and risk. The description of the cash conversion cycle, its funding requirements, and the key strategies for managing it are also touched in this chapter. In addition to this, knowledge on some basic motives for holding cash balances, transactions motive, precautionary motives, and speculative motives can also be learned. It elaborates on the management of receipts and disbursements, including float, speeding up collections, slowing down payments, cash concentration, zero-balance accounts, and investing in marketable securities. Chapter 5 discusses receivable management that helps to understand the concept of management in accounts receivable. Also, it explains the credit selection process and the quantitative procedure for evaluating changes in credit standards, as well as the quantitative review of procedures that generates results for changes in cash discount, credit terms, and credit monitoring. Chapter 6 gives understanding of inventory management concepts, as well as the different views, common techniques, and international concerns. It also explains the concepts of Economic Order Quantity (EOQ) and Just in Time (JIT) inventory system. It also discusses the best practices and different challenges and solution of inventory management. Chapter 7 deals with capital budgeting which provides understanding on its meaning with decisions and importance in business operations. This chapter emphasizes capital investment or capital budgeting, the different project classifications, and the typical capital budgeting approval process. The importance of the time value of money in capital budgeting as well as the computation the future value and present value of cash flows occurring over several periods, are discussed here. Chapter 8 explains concepts in short-term financing management which include accounts payable, key components of credit terms, and procedures for analyzing those terms. The effects of stretching accounts payable on their cost and the use of accruals to the interest rates the basic features of commercial paper, and the key aspects of international short-term loans are also included in this chapter. It gives a strong emphasis on the characteristics of secured short-term loans, the use of accounts receivable, and the various ways inventory can be used as collateral are also discussed." --Preface Contents: Chapter 1 Introduction to financial management -- Chapter 2 Understanding financial statement -- Chapter 3 Financial forecasting for strategic growth -- Chapter 4 Working capital, cash and marketable securities management -- Chapter 5 Receivable management -- Chapter 6 Inventory management -- Chapter 7 Capital budgeting -- Chapter 8 Short term financing management. Adult by Marife Agustin-Acierto, Mary Joy M. Sumapid, and Gilfred Abad Acierto. Includes bibliographical references. Purchased Biore, Christopher College of Business and Accountancy Business / Management Text in English Business enterprises Finance Corporations Finance 9786214272570 [newsprint] University of Cebu-Banilad 260902 20260902112328.0