Scribd Logo
Upload

Welcome to Scribd!

  • 6

    Uploaded by

    Laskar REAZ
    5 views1 page
    1. Business finance is important for most stakeholders as they have financial interests in the business. It helps determine the business structure, capital needs, and how to raise money. Financial strategy is also central to overall corporate strategy. 2. Businesses and managers need financial information for planning, controlling, recording transactions, performance measurement, and decision making. Financial information includes planning, operational, tactical, and strategic information. 3. For information to be valuable, it needs to be accurate, complete, relevant, timely, easy to use, and assessible. The source and ease of assimilation of the information also contributes to its value.

    Original Description:

    Copyright

    © © All Rights Reserved

    Available Formats

    XLSX, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Report this Document
    1. Business finance is important for most stakeholders as they have financial interests in the business. It helps determine the business structure, capital needs, and how to raise money. Financial strategy is also central to overall corporate strategy. 2. Businesses and managers need financial information for planning, controlling, recording transactions, performance measurement, and decision making. Financial information includes planning, operational, tactical, and strategic information. 3. For information to be valuable, it needs to be accurate, complete, relevant, timely, easy to use, and assessible. The source and ease of assimilation of the information also contributes to its value.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as xlsx, pdf, or txt
    5 views1 page

    6

    Uploaded by

    Laskar REAZ
    1. Business finance is important for most stakeholders as they have financial interests in the business. It helps determine the business structure, capital needs, and how to raise money. Financial strategy is also central to overall corporate strategy. 2. Businesses and managers need financial information for planning, controlling, recording transactions, performance measurement, and decision making. Financial information includes planning, operational, tactical, and strategic information. 3. For information to be valuable, it needs to be accurate, complete, relevant, timely, easy to use, and assessible. The source and ease of assimilation of the information also contributes to its value.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as xlsx, pdf, or txt
    of 1

    Chapter-16: Intofuction to Financial Information

    Concept Concept-Business Reulation

    ① Why is Business Finance important? Definition Direct regulation of competition in Market


    1. Most stakeholder have finance at stake Rule created by Govt. Administrative agencies or other Why Regulation competition important
    in business which inteprets statue
    2. Primary objective is to maximise Outcome
    hareholder wealth Addressmarket failure
    3. It is a separate function of business Increase/reduce social standing
    4. Help determine business structure/legal See through collective desired How is competition regulated in Bangladesh?
    form-how much money business needs +
    how to raise it Enhance opportunities Company act 2012 prohibits
    Anti-competitive agreements
    5. Business financial strategy is central to Abouse of a dominant position
    its overall corporate strategy

    6. Business exposed to financial isks + try Business response to regulation


    to manage it Entrenhment particular pratice
    More complience Direct regulation of people in Market
    ② Uses of Financial Information Full complience
    Why do business and managers need innovtion
    financial information?
    Planning
    Comtrolling
    Recoring Transaction
    Performance measurement International Regulation of trade
    Decision making
    Economic advantage of International free trade
    ③ Type of Financial Information
    1. Planning Information Import substitution
    2. Opeational Information Export led growth
    3. Tactical Information
    4. Strategic Information

    ④ Quality of good information


    4.1 Qulity (ACCURATE) Barriers

    → Accurate, Complete,Cost-beneficial,
    User-targeted, Relevant, Authorative,
    Timely, Easy to use
    4.2 What makes information valuable? Tariff or cutom duties
    → It's source, Ease of assimilation,
    Assessibility, Relevance Import quotas and embagoes
    Assessing cost and value
    Hidden sunsidies and import restrictions
    Exports - export crefit guarantees,financial help, administrative assistamce
    Imports-complex import legislation and documentation

    You might also like