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Effective Financial Management
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Effective Financial Management : The Cornerstone for Success

by Geoff Turner

Book Details

Format Paperback / Softback
ISBN-10 1606492330
ISBN-13 9781606492338
Publisher Business Expert Press
Imprint Business Expert Press
Country of Manufacture GB
Country of Publication GB
Publication Date Jun 30th, 2011
Print length 200 Pages
Weight 266 grams
Dimensions 22.70 x 15.30 x 1.10 cms
Product Classification: Budgeting & financial managementBudgeting and financial management
Ksh 3,400.00
Werezi Extended Catalogue 0 in stock

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For students, 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.
Financial information has one set of eyes that 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 of eyes 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 organizations strategic objectives. This book is all about the second set of eyes, which are the lenses of FINANCIAL MANAGEMENT, that help organizations plot their way through an environment filled with opportunities and dangers.

For students, 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.

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