The document discusses the roles and responsibilities of various finance positions within a company. It explains that the board of directors is responsible for ensuring the company operates in the shareholders' best interests. The president acts as the CEO and handles overall management. The VP of finance determines the appropriate capital structure. Financial managers make financing, investing, and operating decisions to maximize shareholder wealth, including decisions around long-term investments, working capital, and dividend policies.
The document discusses the roles and responsibilities of various finance positions within a company. It explains that the board of directors is responsible for ensuring the company operates in the shareholders' best interests. The president acts as the CEO and handles overall management. The VP of finance determines the appropriate capital structure. Financial managers make financing, investing, and operating decisions to maximize shareholder wealth, including decisions around long-term investments, working capital, and dividend policies.
The document discusses the roles and responsibilities of various finance positions within a company. It explains that the board of directors is responsible for ensuring the company operates in the shareholders' best interests. The president acts as the CEO and handles overall management. The VP of finance determines the appropriate capital structure. Financial managers make financing, investing, and operating decisions to maximize shareholder wealth, including decisions around long-term investments, working capital, and dividend policies.
The document discusses the roles and responsibilities of various finance positions within a company. It explains that the board of directors is responsible for ensuring the company operates in the shareholders' best interests. The president acts as the CEO and handles overall management. The VP of finance determines the appropriate capital structure. Financial managers make financing, investing, and operating decisions to maximize shareholder wealth, including decisions around long-term investments, working capital, and dividend policies.
BUSSINESS FINANCE employees REVIEWER c. Providing assistance in payroll preparation, payment of vendors, and INTRODUCTION OF FINANCE collection of receivables d. Determining the location and the Finance- is always of great importance, be it in a maximum amount of office space business or in one’s everyday life needed by the company. “Finance as the science and art of managing VP of Finance- Determine the appropriate money” capital structure of the company Financial Management- deals with decisions Capital Structure- refers to how much pf your that are supposed to maximize the value of total assets financed by debt and how much is shareholder’s wealth financed by equity “maximize the value of shares of stocks” WHAT ARE THE FUNCTIONS OF FINANCIAL Organizational Structure- very important MANAGERS? especially in the financial aspect of the business Financing Decisions- include making decisions and the particular set of people, each play role as to how to finance long-term investments and in the decision making of the company working capital-which deals with the day-to-day Shareholders- the ones who elect the Board of operations of the company Directors (BOD) Investing Decisions- minimize the probability of “their responsibility is to carry out the failure, long term investments have supported objectives of the shareholders” by a capital budgeting analysis
ROLES OF EACH POSITION Operating Decisions- deal with the daily
operations of the company especially on how to Board of Directors- the highest policy making finance working capital accounts such as body in a corporation accounts receivable and inventories -ensure that the corporation is operating to Dividend Policies serve the best interest of the stockholders
President (Chief Executive Officer)- this position
varies from one company to another
a. Approving the information and other
KALMA DIPA disclosures reported in the financial statements TAPOS b. Performing all areas of management c. Representing the company MAGANTAY!! VP for Marketing
a. Formulating marketing strategies and
plans. b. Performing market and competitor analysis c. Analyzing and evaluating the effectiveness and cost of marketing methods applied d. conducting or directing research that will allow the company identify new marketing opportunities e. Promoting good relationships with customers and distibutors
VP for Administration
a. Coordinating the functions of
administration, finance, and marketing departments