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Chapter 17 Introduction To Business
Chapter 17 Introduction To Business
Managing Business
Finances pp. 268-281
Chapter 17
Learning Objectives
After completing this chapter, you’ll be
able to:
1. Explain the three important aspects of
financial planning.
2. Name the responsibilities of a financial
manager.
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Introduction to Business, Managing Business Finances Slide 2 of 54
Chapter 17
Learning Objectives
After completing this chapter, you’ll be
able to:
3. Identify different types of budgets for
managing business finances.
4. Describe the types of financial records
businesses use.
FINANCIAL
GOALS FORECAST
FINANCIAL
RECORD- PLANNNING PROJECTED
KEEPING
INCOME
PLAN
PROJECTED PROJECTED
BUDGETS EXPENSES
Fast Review
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Chapter 17
Fast Review
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Introduction to Business, Managing Business Finances Slide 24 of 54
Chapter 17
Accounting
• Finding resources for additional
funds.
• Planning long-range financial goals.
Fast Review
Fast Review
Making an Ethical
Decision
1. In what ways is a nonprofit like a business?
2. What can an accountant provide for a
nonprofit that a volunteer cannot?
3. What ethical questions arise when a
volunteer is the treasurer for a nonprofit?
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Introduction to Business, Managing Business Finances Slide 48 of 54
Chapter 17
Making an Ethical
Decision
4. How would you tactfully convince a
volunteer to step down from his or her role
as treasurer for a nonprofit? Are there
other roles that a volunteer treasurer could
fulfill in a nonprofit organization?
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Chapter 17
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Chapter 17
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Introduction to Business, Managing Business Finances Slide 52 of 54
Chapter 17