Understand the financial decision-making process and explain the impact that financial decisions have on value creation through the three main decision-making areas within financial management: investment, financing, and asset management decisions.
1. The role of financial management
2. Risk and return
3. Analysis of financial statements
4. Asset analysis, cash flow analysis and financial planning
5. Overview of working capital management
6. Cash and marketable securities management
7. Claims and inventory management
8. Short-term financing
9. Investment profitability assessment and cash flow assessment
10. Techniques for assessing the profitability of investments
11. Required returns and cost of capital
12. Operational and financial leverage
13. Determining the capital structure
14. Dividend policy
15. Long-term loans and leasing
1. describe financial management through the basic decision-making areas faced by a financial manager
2. connect systemic and non-systemic risk with return and explain the Capital Asset Valuation Model (CAPM), beta and characteristic direction
3. assess optimal levels of working capital, cash and marketable securities, receivables, and inventory
4. calculate and interpret the weighted average cost of capital (WACC) for a company and understand its meaning, use, and limitations
190
5. combine different sources and types of short-term and long-term financing, and determine the capital structure
6. evaluate the profitability of investments and estimate the cash flow of investments
