Professional Documents
Culture Documents
Kelompok 1
Kelompok 1
MANAGING FINANCE
AND THE ECONOMIC
Dosen Pengampuh:
Futia Marsela,M.Pd
Disusun Oleh:
Dina (2111140121)
Densi Oktavia (2111140136)
Putra Adi Pratama (2111140116)
KATA PENGANTAR
بسم هللا الرحمن الرحيم
Segala puji bagi Allah SWT yang telah memberikan kami kemudahan
sehingga kami dapat menyelesaikan makalah ini dengan tepat waktu. Tanpa
pertolongan-Nya tentunya kami tidak akan sanggup untuk menyelesaikan makalah
ini dengan baik. Shalawat serta salam semoga terlimpah curahkan kepada baginda
tercinta kita yaitu Nabi Muhammad SAW yang kita nanti-natikan syafa’atnya di
akhirat nanti.
Penulis tentu menyadari bahwa makalah ini masih jauh dari kata sempurna
dan masih banyak terdapat kesalahan serta kekurangan di dalamnya. Untuk itu,
penulis mengharapkan kritik serta saran dari pembaca untuk makalah ini, supaya
makalah ini nantinya dapat menjadi makalah yang lebih baik lagi. Kemudian
apabila terdapat banyak kesalahan pada makalah ini penulis mohon maaf yang
sebesar-besarnya. Penulis juga mengucapkan terima kasih kepada semua pihak.
yang telah membimbing dalam menulis makalah ini. Demikian, semoga makalah
ini dapat bermanfaat. Terima kasih. Wassalamu’alaikum warahmatullahi
wabarakatuh
Penulis
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DAFTAR ISI
COVER.................................................................................................................i
KATA PENGANTAR.........................................................................................ii
DAFTAR ISI........................................................................................................iii
BAB l PENDAHULUAN.....................................................................................4
A. Latar Belakang...............................................................................................4
B. Rumusan Masalah..........................................................................................5
C. Tujuan.............................................................................................................5
BAB ll PEMBAHASAN......................................................................................6
A. Understanding and Functions of Financial Management...............................6
B. Sources of Company Funds............................................................................6
C. History of the Development of Financial Management.................................8
D. The Role of the Financial Manager................................................................9
E. The value of the company..............................................................................10
F. Parties Who Require Financial Reports.........................................................11
BAB lll PENUTUP...............................................................................................14
A. Kesimpulan.....................................................................................................14
DAFTAR PUSTAKA..........................................................................................15
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BAB I
PENDAHULUAN
A. Latar Belakang
Every individual must have management in carrying out their life
activities. With management, it is hoped that all activities can be carried out
systematically or sequentially, maximally so as to get good results. An
organization or company certainly needs management to regulate the
performance of its members in order to achieve the desired goals and get good
work results. One important aspect of management is financial management in
an organization or company.
The meaning of financial management has developed from an
understanding of management that only prioritizes the activity of obtaining
funds to one that prioritizes the activity of obtaining and using funds as well as
managing assets. In particular, analyzing sources of funds and their use to
realize maximum profits for the company. A financial manager must
understand the flow of money, both external and internal.
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B. Rumusan Masalah
1. What is the meaning and function of financial management?
2. What is the role of a financial manager?
3. What is the history of the development of financial management?
4. Where does the company's funds come from?
C. Tujuan
1. Describe the meaning and function of financial management.
2. Describe the company's sources of funds.
3. Describe the history of the development of financial management.
4. Describe the role of financial managers.
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BAB II
PEMBAHASAN
External sources are sources of funds that come from outside the
company. Funds originating from external sources are funds originating
from creditors and owners, participants or shareholders in the company.
Funds or capital originating from creditors constitute debt for the company
concerned and capital originating from creditors is referred to as foreign
capital.
Funds or capital originating from owners, participants or share
takers in the company are funds that will remain invested in the company
concerned, and these funds will become the company's own capital. The
method of spending using funds originating from the owner or prospective
owner is called equity financing. Thus, funds originating from external
sources consist of foreign capital and own capital.
C. History of the Development of Financial Management
In its development, financial management has undergone many
changes. Financial management was first introduced around the 1900s. At that
time, financial management was known as expenditure management, because
the orientation of financial management emphasized how to obtain funds.
By the 1920s, not much change had occurred, financial management
still focused on securities. Accounting reports and financial records are not yet
reliable, so many companies experience difficulties in recording their finances.
At that time, the existing reports or records only met the regulations that
required companies to have them.
In the 1930s, very radical changes occurred. Failures in the business
world at that time forced discussions regarding expenditure management. At
that time, financial management was still descriptive and focused on legal
issues, but the emphasis changed from expansion efforts to efforts to maintain
the company's survival.
During the 1940s to the early 1950s, financial management was taught
as a descriptive and institutional subject that emphasized the point of view of
parties outside the company rather than managers. In the 1950s, financial
management experienced changes, especially regarding the emphasis on the
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out its role well, it is necessary to understand the company's values correctly.
We can say that an increase in company value also means an increase in share
prices, in this case the actual meaning of company value is not the same as
share price.
The company value is the same as the share price, that is, if the number
of shares is multiplied by the market value per share plus the market value of
debt, where if we consider the debt value constant, then every increase in
share price will automatically increase the value of the company. The real
value is why we say an increase in company value is the same as an increase
in share price. Financial managers who want their company to progress not
only pay attention to the interests of shareholders but also the interests of
workers, management, creditors, providers and customers.
F. Parties Who Require Financial Reports
Referring to the opinions of Munawir and IAI, parties with an interest
in financial reports can be broadly categorized into two groups, namely:
1. Internal Users
a. Company owner
Company owners are very interested in their company's financial
reports, especially for companies whose leadership is handed over to other
people such as companies, because with these reports the company owner will
be able to assess whether the manager is successful or not in leading the
company and a manager's success is usually assessed by the profits earned by
the company. Apart from that, financial reports are needed by company
owners to assess the results that have been achieved, and to assess the
possibility of results that will be achieved in the future so that they can
estimate the share of profits they will receive and the development of the share
price they own.
b. Manager or company leader
The most important thing for management is that financial reports are
a tool to be accountable to company owners for the trust that has been given to
them. By knowing the company's financial position in the recent period, you
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will be able to develop better plans, improve your monitoring system and
determine more appropriate policies. Besides that, financial reports can be
used by managers to:
Measuring the level of costs of various company activities
To measure the efficiency of each part, process or production and to
determine the degree of profit that can be achieved by the company
concerned
To assess and measure the work results of each individual who has been
entrusted with authority and responsibility
To determine whether or not new policies or procedures need to be used to
achieve better results.
c. Employee
Employees and the groups that represent them are interested in
information regarding a company's stability and profitability. They are also
interested in information that allows them to assess a company's ability to
provide compensation, retirement benefits, and employment opportunities.
2. External Users
a. Investors
Risk investors and their advisors are concerned with the inherent risks
and developmental outcomes of the investments they make. They need
information to help determine whether to buy, hold or sell the investment.
Shareholders are also interested in information that allows them to assess a
company's ability to pay dividends
b. Lender
Lenders are interested in financial information that allows them to
decide whether the loan and its interest can be paid when due.
c. Suppliers and other business creditors
Suppliers and other business creditors are interested in information that
enables them to decide whether amounts owed will be paid when due.
Business creditors have an interest in the company for a shorter period of time
than lenders unless as primary customers they depend on the survival of the
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company.
d. Customer
Customers have an interest in information about a company's survival,
especially if they are involved in long-term agreements with, or dependent on,
the company.
e. Government
The government and the various agencies under its control have an
interest in the allocation of resources and therefore an interest in corporate
activities. They also need information to regulate corporate activities, set tax
policy and as a basis for compiling national income statistics and other
statistics.
f. Public
Companies influence members of society in various ways. For
example, companies can make significant contributions to the national
economy, including the number of people employed and protection for
domestic investors. Financial reports can help the public by providing
information on trends and recent developments in a company's prosperity and
its series of activities.
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BAB III
PENUTUP
A. Kesimpulan
Management is really needed, especially in an organization or
company. With good management, planning activities, implementation, and
even the production of a goal or item will be achieved well and maximally,
and with management funds, the company will be able to achieve the desired
goals with the right steps.
Financial management is an activity of planning, budgeting, auditing,
managing, controlling, searching and storing funds owned by an organization
or company to obtain the cheapest possible source of capital and use it as
effectively as possible, as productively as possible to generate profits.
In practice, financial management is actions taken to maintain the
financial health of an organization/company. For this reason, in building a
good financial management system, we need to identify the principles of good
financial management.
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DAFTAR PUSTAKA