AL MANAGE

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FINANCE
They are a branch of the administration and the economy
that studies the exchange of capital between individuals,
companies, or States and with the uncertainty and risk that
these activities entail.

FOUNDATION
They are the basic concepts and principles
integrated into the operation of the financial world.
Some of the most important financial fundamentals
in business include accounting skills, market
forecasting and analysis, and business investment
management.

PRINCIPLES
Defined as the combination of risk, liquidity,
profitability and value creation. And within the concept
of profitability, it is necessary to consider the
opportunity cost. Time value of money and inflation-
adjusted financial statements.

ACTIVITY
Six main functions that the finance department of any
organization should perform:
1) Budget.
2) Accounting processes.
3) Internal Control.
4) Financing and investment.
5) Risk management.
6) Market knowledge.

OBJECTIVES
Its function is to efficiently plan, organize and control
all the financial resources generated by the company.
Efficiently plans, classifies and distributes the financial
investments required by the company's
Administration Department.

ROLE IN A COMPANY
Increase the value of an organization in the market.
Increase in company revenue. Consolidate the
organization's position in the current market or take
over new territories. To avoid large financial costs or
bankruptcy.

Referencias
FINANCIAL MANAGEMENT
PRINCIPLES AND APPLICATIONS
THIRTEENTH EDITION
Sheridan Titman
Arthur J. Keown
John D. Martin
https://drive.google.com/file/d/1TV-1Nd-z9De9oOEWSlolwQACwrmu7d56/view