This document provides an overview of the Corporate Finance course offered by Makerere University. It includes the course description, objectives, learning outcomes, content, teaching methods, and assessment. The course aims to teach students about corporate stakeholders, financial objectives, capital structure theories, investment appraisals, mergers and acquisitions, share/bond valuations, and financial distress. Key topics covered include capital budgeting, cost of capital, capital structure, dividend policy, and company valuation. Students will be assessed through coursework assignments, presentations, tests, and a final examination.
Dokumen tersebut membahas perkembangan standar akuntansi keuangan di Indonesia, mulai dari PSAK berbasis IFRS, SAK ETAP untuk entitas tanpa akuntabilitas publik, PSAP untuk pemerintahan, hingga pembahasan mengenai IFRS sebagai standar global dan roadmap konvergensi IFRS di Indonesia. Dokumen ini juga membahas beberapa PSAK baru seperti PSAK 69 tentang agrikultur.
Dokumen tersebut membahas perkembangan standar akuntansi keuangan di Indonesia, mulai dari PSAK berbasis IFRS, SAK ETAP untuk entitas tanpa akuntabilitas publik, PSAP untuk pemerintahan, hingga pembahasan mengenai IFRS sebagai standar global dan roadmap konvergensi IFRS di Indonesia. Dokumen ini juga membahas beberapa PSAK baru seperti PSAK 69 tentang agrikultur.
Skripsi laporan keuangan untuk mengukur kinerja keuangan perusahaanMarobo United
Skripsi ini membahas analisis laporan keuangan untuk mengukur kinerja keuangan perusahaan Leader Supermarket di Timor Leste dengan menggunakan rasio-rasio keuangan. Data laporan keuangan perusahaan tahun 2010-2012 dianalisis menggunakan rasio likuiditas, solvabilitas, aktivitas dan profitabilitas. Hasil analisis menunjukkan kinerja keuangan perusahaan.
Introduction à la gestion des risques en finance : définition du risque, typologie des risques, principales mesures du risque, définition de la couverture et instruments de couverture
Appui budgétaire sectoriel décentralisé au Mali ABSD, DDC, SERECregiosuisse
L’ABSD est un nouveau concept de gestion de l ’Aide Publique au Développement qui a émergé dans le cadre des réflexions visant à opérationnaliser les principes de l a Déclaration de Paris. En effet, cette Déclaration prône l’utilisation de l’Appui Budgétaire dans le but d’accroître l’efficacité de l’Aide.
Dans le but de partager ses expériences, la Suisse a commandité une étude de capitalisation pour faire le point sur les acquis, les contraintes et les perspectives d’amélioration de l’ABSD. Le rapport de cette étude étant volumineux, la Suisse s’est engagée dans l ’élaboration de ce support synthétique, plus adapté pour communiquer sur l’instrument. L’identification des défis et la réfection sur la simplification de certaines procédures feront l’objet d’échanges avec le Gouvernement du Mali.
1. ROI dan EVA digunakan untuk menilai kinerja perusahaan. ROI fokus pada efisiensi biaya tetapi sulit dibandingkan antar perusahaan, sementara EVA lebih memperhatikan penciptaan nilai.
2. Perusahaan lebih memilih EVA karena dapat membandingkan laba antar unit usaha, mencegah penurunan laba keseluruhan akibat peningkatan ROI satu unit, dan lebih kuat korelasinya dengan nilai perus
Présentation sur les formes et fonctions de la monnaiePhilippe Peret
Explications sur les concepts économiques de marché et monnaie accompagnées d'exemples concrets.
Que sont les monnaies centrale et scripturale ? Quels sont les différents vecteurs de celles-ci?
Sistem informasi akuntansi Holland Bakery mencakup siklus pendapatan, pengeluaran, produksi, aset tetap, penggajian, dan pelaporan. Siklus-siklus tersebut meliputi proses pencatatan transaksi mulai dari sumber data hingga pencatatan akuntansi.
1. Laporan keuangan yang disusun berdasarkan biaya historis tidak dapat mencerminkan nilai bisnis dari aset dan laba yang sebenarnya dalam kondisi ekonomi hiperinflasi.
2. PSAK 63 menyarankan agar laporan keuangan disusun kembali berdasarkan satuan pengukuran saat ini pada akhir periode pelaporan, dengan menyesuaikan pos-pos terkait pada periode sebelumnya menggunakan indeks harga umum.
3. Indikasi
This document is a project report on Service Tax submitted to the University of Mumbai by Vivek Shriram Mahajan. It contains an introduction to the subject, definitions of key terms, an overview of the need for and authority of Service Tax in India. It discusses some key aspects of Service Tax such as chargeability, the negative list of exempted services, and conclusions. The project report was completed to fulfill requirements for an M.Com degree in Accountancy.
This document provides an overview of Point of Taxation (POT) rules in India. Some key points:
- POT rules were introduced to bring uniformity in levy and collection of indirect taxes like excise, VAT, and service tax under GST.
- POT determines the applicable tax rate and due date for payment. It aims to link tax payment to provision of service or receipt of payment/invoice, whichever is earliest.
- Rule 3 provides the default POT - date of invoice or payment, whichever is earlier. Rule 4 overrides for cases involving a tax rate change. Rule 5 applies if a service is taxed for the first time.
- Rule 7 specifies POT for reverse charge mechanism cases
Skripsi laporan keuangan untuk mengukur kinerja keuangan perusahaanMarobo United
Skripsi ini membahas analisis laporan keuangan untuk mengukur kinerja keuangan perusahaan Leader Supermarket di Timor Leste dengan menggunakan rasio-rasio keuangan. Data laporan keuangan perusahaan tahun 2010-2012 dianalisis menggunakan rasio likuiditas, solvabilitas, aktivitas dan profitabilitas. Hasil analisis menunjukkan kinerja keuangan perusahaan.
Introduction à la gestion des risques en finance : définition du risque, typologie des risques, principales mesures du risque, définition de la couverture et instruments de couverture
Appui budgétaire sectoriel décentralisé au Mali ABSD, DDC, SERECregiosuisse
L’ABSD est un nouveau concept de gestion de l ’Aide Publique au Développement qui a émergé dans le cadre des réflexions visant à opérationnaliser les principes de l a Déclaration de Paris. En effet, cette Déclaration prône l’utilisation de l’Appui Budgétaire dans le but d’accroître l’efficacité de l’Aide.
Dans le but de partager ses expériences, la Suisse a commandité une étude de capitalisation pour faire le point sur les acquis, les contraintes et les perspectives d’amélioration de l’ABSD. Le rapport de cette étude étant volumineux, la Suisse s’est engagée dans l ’élaboration de ce support synthétique, plus adapté pour communiquer sur l’instrument. L’identification des défis et la réfection sur la simplification de certaines procédures feront l’objet d’échanges avec le Gouvernement du Mali.
1. ROI dan EVA digunakan untuk menilai kinerja perusahaan. ROI fokus pada efisiensi biaya tetapi sulit dibandingkan antar perusahaan, sementara EVA lebih memperhatikan penciptaan nilai.
2. Perusahaan lebih memilih EVA karena dapat membandingkan laba antar unit usaha, mencegah penurunan laba keseluruhan akibat peningkatan ROI satu unit, dan lebih kuat korelasinya dengan nilai perus
Présentation sur les formes et fonctions de la monnaiePhilippe Peret
Explications sur les concepts économiques de marché et monnaie accompagnées d'exemples concrets.
Que sont les monnaies centrale et scripturale ? Quels sont les différents vecteurs de celles-ci?
Sistem informasi akuntansi Holland Bakery mencakup siklus pendapatan, pengeluaran, produksi, aset tetap, penggajian, dan pelaporan. Siklus-siklus tersebut meliputi proses pencatatan transaksi mulai dari sumber data hingga pencatatan akuntansi.
1. Laporan keuangan yang disusun berdasarkan biaya historis tidak dapat mencerminkan nilai bisnis dari aset dan laba yang sebenarnya dalam kondisi ekonomi hiperinflasi.
2. PSAK 63 menyarankan agar laporan keuangan disusun kembali berdasarkan satuan pengukuran saat ini pada akhir periode pelaporan, dengan menyesuaikan pos-pos terkait pada periode sebelumnya menggunakan indeks harga umum.
3. Indikasi
This document is a project report on Service Tax submitted to the University of Mumbai by Vivek Shriram Mahajan. It contains an introduction to the subject, definitions of key terms, an overview of the need for and authority of Service Tax in India. It discusses some key aspects of Service Tax such as chargeability, the negative list of exempted services, and conclusions. The project report was completed to fulfill requirements for an M.Com degree in Accountancy.
This document provides an overview of Point of Taxation (POT) rules in India. Some key points:
- POT rules were introduced to bring uniformity in levy and collection of indirect taxes like excise, VAT, and service tax under GST.
- POT determines the applicable tax rate and due date for payment. It aims to link tax payment to provision of service or receipt of payment/invoice, whichever is earliest.
- Rule 3 provides the default POT - date of invoice or payment, whichever is earlier. Rule 4 overrides for cases involving a tax rate change. Rule 5 applies if a service is taxed for the first time.
- Rule 7 specifies POT for reverse charge mechanism cases
Foreign direct investment (FDI) in India was introduced in 1991 under the Foreign Exchange Management Act. It has since become a major political issue, with debates around further liberalizing FDI rules. While FDI into India has increased substantially, proposals to allow more foreign ownership in multi-brand retail met resistance from political parties concerned about effects on small retailers. The policy has been delayed and remains a contentious topic in Indian politics and economics.
The document is a project report submitted by Rutuja Deepak Chudnaik for their M.Com degree. The report focuses on comparing the Payback Method and Internal Rate of Return (IRR) Method for capital budgeting and investment decisions. The report includes an introduction to capital budgeting, the objectives and basic principles. It also provides details on the calculation of payback period for projects with constant and uneven cash flows. The report is submitted to the University of Mumbai under the guidance of their project guide, Prof. Dhiren Kanabar.
Service tax is a tax levied by the Central Government of India on taxable services. The key points are:
1. Service tax is levied on services provided or agreed to be provided in India excluding those under the negative list. The point of taxation is determined based on when the invoice is issued or payment is received, as per the Point of Taxation Rules.
2. The place of provision of services rules determines whether a service is provided in India based on factors like where the service is performed, the location of the recipient or provider, or where immovable property is located.
3. The constitution provides the authority to levy service tax under Entry 92C of the Union List. The tax
This document is a project report submitted by Miss Vanita Laxman Kajale to the N.E.S Ratnam College of Arts, Science & Commerce in partial fulfillment of the requirements for a Master's degree in Commerce. The report discusses Value Added Tax (VAT) implementation in the state of Maharashtra, India. It includes an introduction to VAT, details on VAT registration, calculation of tax liability, filing returns and payment procedures, record keeping requirements, and appeals processes in Maharashtra. The project was guided and reviewed by the lecturer Prof. Rajiv Mishra.
1) The document discusses the topic of service tax in India. It provides details on the basic concept of service tax, its genesis in India, approaches to service taxation, and the meaning of key terms like "service" and "consideration".
2) It examines the negative list of services exempted from service tax under section 66D of the Finance Act, including services provided by the government, Reserve Bank of India, foreign diplomatic missions, and certain agriculture, trading, manufacturing, and transport-related services.
3) The effective rate of service tax in India is currently 12.36% as per section 66B of the Finance Act.
AUDIT ASSIGNMENT- M.COM PART II – SEMESTER IV, AUDIT REPORT, CARO 2015, AUDIT REPORT OF JINDAL STEEL & POWER LIMITED, SA 230 AUDIT DOCUMENTATION (REVISED), SA 500: AUDIT EVIDENCE.
Tata Steel is India's largest steel company established in 1907. It is the sixth largest steel producer globally. The report discusses the auditing standards followed by Tata Steel in preparing its financial statements. It analyzes Tata Steel's auditor's reports and identifies the key auditing standards used - SA 220 on quality control, SA 501 on audit evidence for selected items, and SA 610 on using the work of internal auditors. The objectives of the study are to evaluate the effectiveness and adequacy of auditing standards at Tata Steel and analyze its financial discipline and compliance with auditing and accounting standards in India.
Fundamental of Corporate Finance slideshareYin Sokheng
The objective of the course is to provide an understanding of both the theory of corporate finance fundamentals and how it applies to the “real” world. The main focus of this course is on the corporate financial manger and how he/she reaches decisions. We will cover many issues that are important to a modern financial manager including various advance topics in corporate finance fundamentals such as the essential concepts and understanding of the uses of financial statements and cash flows, ratio analysis, financial planning and growth, time value of money, bonds and stocks valuation, and project valuation.
The document discusses key topics in corporate finance including maximizing shareholder wealth, evaluating investment projects, valuing companies, mergers and acquisitions, corporate governance, and analyzing corporate financial statements. It also discusses the objective of corporate finance as maximizing shareholder value and the potential issues that can arise when manager and shareholder interests are not aligned.
This document is a project report submitted by Soumeet Sarkar to the University of Mumbai for their Master of Commerce program. The report focuses on Audit Documentation as outlined in SA 230 and Audit Evidence as outlined in SA 500. The report includes an introduction that provides background on auditing, defines auditing, discusses the origin and development of auditing standards in India and internationally. It then outlines the content which will cover SA 230 on audit documentation and SA 500 on audit evidence.
Research methodology mcom part II sem IV assignmentRutuja Chudnaik
This document appears to be a research project report on diabetes mellitus and its treatment trends submitted by a student, Rutuja Deepak Chudnaik, to the University of Mumbai. The report includes an acknowledgement section thanking those who assisted with the project, a declaration by the student, and a table of contents outlining the various sections of the report such as an introduction on diabetes, prevention, methodology, data collection and analysis procedures, findings on perceived blood glucose control, diet and medication, and conclusions. The student conducted the research under the guidance of a professor for a degree program in research methodology.
Sunita Kumari Yadav completed a project report on the company audit of Tirtharoop Electricals Pvt. Ltd. as part of her Master of Commerce program at the University of Mumbai. The report was submitted under the guidance of Mr. Gajanan Wader in 2013-2014. Sunita declared that the work was original and carried out under supervision. It was evaluated and accepted for internal assessment by internal and external examiners. The report included chapters on the company background, accounting records, audit standards and processes, analysis of accounts, and a draft audit report.
Corporate finance managers must make coordinated financial decisions and have knowledge of finance. The goals of corporate finance are to maximize shareholder wealth over the long run through decisions about investments, capital structure, and working capital. Wealth maximization considers the timing of returns, risk, and owners' desire for dividends, unlike simple profit maximization. Other goals like maximizing profits are also important to achieve wealth maximization and provide stability and growth.
This document provides an overview of corporate finance and key concepts. It discusses that finance involves the transfer of money among individuals, businesses, and governments. The three main categories of finance are public finance, corporate finance, and personal finance. Corporate finance focuses on a firm's investment and financing decisions. The three main financial decisions for firms are the investment decision, financing decision, and dividend decision. The document also discusses objectives of financial management, including profit maximization and wealth/shareholder value maximization.
Financial management refers to planning, organizing, directing, and controlling the financial activities of a business such as procurement, utilization, and distribution of funds. It involves making efficient financing, investment, and dividend decisions. Financing decisions relate to raising funds through equity and debt. Investment decisions involve allocating funds to long-term assets like property, plants, and equipment or short-term current assets. Dividend decisions determine what portion of profits will be paid out to shareholders versus retained for reinvestment. The objective is to maintain an optimal capital structure that balances risk and return.
This document provides an overview of financial management. It begins by defining financial management and its objectives, which include ensuring adequate and regular funds, adequate returns for shareholders, optimum fund utilization, safety of investments, and a sound capital structure.
The document then outlines the key elements and functions of financial management. The elements include investment decisions, financial decisions, and dividend decisions. The functions include estimating capital requirements, determining capital composition, choosing sources of funds, investing funds, disposing of surplus funds, managing cash, and exercising financial controls.
The document also discusses topics such as investment decision making, financial decisions, dividend decisions, liquidity decisions, project appraisal, and working capital management. It provides details on various tools and
This document provides an overview of financial management concepts including the financial goals of profit and wealth maximization. It discusses the finance functions of investment, financing, and dividend decisions. The costs of capital such as cost of debt, preferred stock, equity, and retained earnings are explained. The document also covers topics such as the scope of financial management decisions, organization of the finance function, financial planning process, sources of funds, and concepts of financing decisions, capitalization, capital structure, and financial structure. Determinants that influence a company's capital structure are also outlined.
The document discusses the key concepts of financial management. It defines financial management as planning, organizing, and controlling financial activities such as procuring and using funds. The four main functions of financial management are discussed as:
1) Investment decisions, which involve capital budgeting and determining asset allocation.
2) Financing decisions, which involve determining optimal capital structure and sources of long-term financing.
3) Dividend decisions, which involve determining how much profits to distribute vs retain.
4) Working capital management, which involves managing day-to-day finances like collections and payments. The goal of financial management is to maximize the value of the firm.
This document provides an introduction to financial management. It outlines the nature, purpose and scope of financial management, including maximizing shareholder value. It discusses the relationship between financial objectives and organizational strategy/objectives. Key responsibilities of a financial manager include investment, financing, and working capital decisions to achieve the firm's financial goals. The document also introduces forms of business organization and their advantages/disadvantages.
The director of an organization has been invited to attend a seminar on financial management. Topics to be covered include the scope and objectives of financial management and the capital asset pricing model. The director has asked the author to write a paper on these two topics. The document provides background information on financial management, including its scope, objectives and functions. It also discusses concepts related to financial planning, investment decisions, financial decisions, and dividend decisions.
Capital budgeting is the process of evaluating long-term investment projects. It involves identifying, analyzing, and selecting projects whose cash flows extend beyond one year. Management must allocate limited resources between competing projects to maximize firm value. Common capital budgeting techniques include net present value, internal rate of return, payback period, and accounting rate of return. Early studies in the 1970s found that simpler techniques like payback period were most commonly used in practice. More recent foreign studies show increased use of discounted cash flow methods. Indian studies also found payback period is popular due to its simplicity, though discounted cash flow techniques are gaining prominence. Risk adjustment is typically done through sensitivity analysis, conservative forecasts, or adjusting discount rates.
financial management objectives & the organization chart of financial managementMohamed Adel
Financial management drives applying general management concepts to the company's financial capital that leading to the investment decisions in such as fixed assets, current assets, and working capital, as results of that the management generates set of investment decisions to collect financing from different resources, which will depend on the type of source, the financing duration, the financing costs and the returns of the decision.
This document provides an overview of corporate finance presented by students at Iqra University, Quetta Campus. It defines corporate finance as dealing with decisions taken by corporations to maximize value and minimize risks. The two basic functions are the acquisition of resources like equity and debt, and allocation of resources to investments. It also discusses long and short term decisions, functions like financing, budgeting and risk management, and techniques for investment appraisal and financial analysis.
This document provides an overview of key concepts in financial management. It discusses the nature and functions of financial management, including investment, financing, dividend, and working capital decisions. The primary objective of financial management is described as value maximization, or maximizing shareholder wealth. Alternative goals like profit maximization are discussed along with their limitations. The roles of routine finance functions and concepts like the time value of money are also outlined.
Lecture 1. introduction to financial managementKritika Jain
The document provides an overview of financial management. It defines financial management as planning and controlling a firm's financial resources, including procuring funds in an economic manner and employing funds optimally to maximize returns. It then outlines the evolution of financial management from the traditional to modern phase. Key aspects of financial management are investment, financing, and dividend decisions. Investment decisions involve selecting profitable investment avenues. Financing decisions relate to determining the optimal capital structure and sources of finance. Dividend decisions balance paying dividends to shareholders versus retaining profits for reinvestment.
Financial management by Baiju Kunnathur ThomasBaiju KT
Business finance refers to the money required to establish, operate, expand or diversify a business. It is needed to acquire both tangible and intangible assets. Financial management aims to optimally procure and utilize finance at the lowest possible cost while managing risk. It involves making investment, financing and dividend decisions. Investment decisions concern allocating funds to fixed assets or working capital. Financing decisions involve determining the appropriate mix of debt and equity. Dividend decisions pertain to how much profit to distribute versus retain. Working capital refers to current assets financed through current liabilities, with the remainder being net working capital. Factors like the nature of business and scale of operations influence fixed capital and working capital requirements.
This document discusses the key concepts of financial management including its meaning, scope, objectives and related disciplines. Financial management aims to maximize shareholder wealth through investment analysis, working capital management, capital structure decisions, and dividend policy. The scope of financial management has evolved from a traditional approach focused on capital markets to a modern approach providing a framework for strategic financial decision-making. The objectives of financial management are typically profit maximization or wealth/shareholder value maximization. A case study on Reliance Industries outlines its strategic vision to reinforce its existing businesses and pursue new opportunities in industries like petroleum, retail, telecommunications and education.
Business finance refers to the money required to establish, operate, expand or diversify a business. It is needed to acquire both tangible and intangible assets. Financial management involves optimally procuring and using finance at the lowest possible cost. Its aims include minimizing funding costs, managing risk, and ensuring adequate funds are available as needed. Financial decisions include investment, financing, and dividend decisions. Investment decisions involve allocating funds to fixed assets or working capital. Financing decisions concern raising equity or debt. Dividend decisions determine how much profit to distribute versus retain.
The document discusses various topics related to financial management including:
1. Financial management involves judicious use of capital and careful selection of funding sources to help a business reach its goals.
2. The scope of financial management includes estimating funding needs, capital structure, funding sources, investment patterns, cash management, and controls.
3. Key financial decisions include investments, financing, dividends, and liquidity. The optimal decisions maximize shareholder wealth.
4. Capital budgeting evaluates long-term investments using techniques like net present value, internal rate of return, and profitability index.
The document discusses various topics related to financial management including:
1. Financial management involves judicious use of capital and careful selection of funding sources to help a business reach its goals.
2. The scope of financial management includes estimating funding needs, capital structure, funding sources, investment patterns, cash management, and controls.
3. Key financial decisions include investments, financing, dividends, and liquidity. The optimal decisions maximize shareholder wealth.
4. Capital budgeting evaluates long-term investments using techniques like net present value, internal rate of return, and profitability index.
The document discusses various topics related to financial management including:
1. Financial management involves judicious use of capital and careful selection of funding sources to help a business reach its goals.
2. The scope of financial management includes estimating funding needs, capital structure, funding sources, investment patterns, cash management, and controls.
3. Key financial decisions include investments, financing, dividends, and liquidity. The optimal decisions maximize shareholder wealth.
4. Capital budgeting evaluates long-term investments using techniques like net present value, internal rate of return, and profitability index.