The document discusses the role and responsibilities of a Chief Financial Officer (CFO). It states that the CFO oversees the financial activities of a company, including financial planning, monitoring cash flow, analyzing financial strengths and weaknesses, and suggesting improvement plans. The CFO reports to the president and plays a key role in capital structure, investments, and income/expense management. Becoming a CFO requires extensive financial experience and education in finance or accounting. It then provides examples of CFOs in prominent Indian companies.
In this article how risk management in banks is an important concept, what type of risks banks faces and how they curb it through risk management model is described
What is Finance, Approaches to finance function, Traditional approach, Modern approach, Limitations Of Traditional Approach, Profit maximization approach, Wealth Maximisation approach,
meaning of financial management, objectives of financial management. basic concept of financial management role of finance manager key functions of finance
1. Briefly explain the goal(s) of the financial manager of a corpora.pdfwailesalekzydelore94
1. Briefly explain the goal(s) of the financial manager of a corporate form of business
organization.
Solution
Role of a financial manager involves three capital allocation decision:
1. Investment decision (Capital expenditure / acquisition)
2. Financing decision (debt / equity to raise finances)
3. Dividend decision (how much and when to distribute back to shareholders)
A brief is below:
Raising of Funds
In order to meet the obligation of the business it is important to have enough cash and liquidity.
A firm can raise funds by the way of equity and debt. It is the responsibility of a financial
manager to decide the ratio between debt and equity. It is important to maintain a good balance
between equity and debt.
Allocation of Funds
Once the funds are raised through different channels the next important function is to allocate the
funds. The funds should be allocated in such a manner that they are optimally used. In order to
allocate funds in the best possible manner the following point must be considered
These financial decisions directly and indirectly influence other managerial activities. Hence
formation of a good asset mix and proper allocation of funds is one of the most important
activity
Profit Planning
Profit earning is one of the prime functions of any business organization. Profit earning is
important for survival and sustenance of any organization. Profit planning refers to proper usage
of the profit generated by the firm.
Profit arises due to many factors such as pricing, industry competition, state of the economy,
mechanism of demand and supply, cost and output. A healthy mix of variable and fixed factors
of production can lead to an increase in the profitability of the firm.
Fixed costs are incurred by the use of fixed factors of production such as land and machinery. In
order to maintain a tandem it is important to continuously value the depreciation cost of fixed
cost of production. An opportunity cost must be calculated in order to replace those factors of
production which has gone thrown wear and tear. If this is not noted then these fixed cost can
cause huge fluctuations in profit.
Understanding Capital Markets
Shares of a company are traded on stock exchange and there is a continuous sale and purchase of
securities. Hence a clear understanding of capital market is an important function of a financial
manager. When securities are traded on stock market there involves a huge amount of risk
involved. Therefore a financial manger understands and calculates the risk involved in this
trading of shares and debentures.
Its on the discretion of a financial manager as to how to distribute the profits. Many investors do
not like the firm to distribute the profits amongst share holders as dividend instead invest in the
business itself to enhance growth. The practices of a financial manager directly impact the
operation in capital market..
In this article how risk management in banks is an important concept, what type of risks banks faces and how they curb it through risk management model is described
What is Finance, Approaches to finance function, Traditional approach, Modern approach, Limitations Of Traditional Approach, Profit maximization approach, Wealth Maximisation approach,
meaning of financial management, objectives of financial management. basic concept of financial management role of finance manager key functions of finance
1. Briefly explain the goal(s) of the financial manager of a corpora.pdfwailesalekzydelore94
1. Briefly explain the goal(s) of the financial manager of a corporate form of business
organization.
Solution
Role of a financial manager involves three capital allocation decision:
1. Investment decision (Capital expenditure / acquisition)
2. Financing decision (debt / equity to raise finances)
3. Dividend decision (how much and when to distribute back to shareholders)
A brief is below:
Raising of Funds
In order to meet the obligation of the business it is important to have enough cash and liquidity.
A firm can raise funds by the way of equity and debt. It is the responsibility of a financial
manager to decide the ratio between debt and equity. It is important to maintain a good balance
between equity and debt.
Allocation of Funds
Once the funds are raised through different channels the next important function is to allocate the
funds. The funds should be allocated in such a manner that they are optimally used. In order to
allocate funds in the best possible manner the following point must be considered
These financial decisions directly and indirectly influence other managerial activities. Hence
formation of a good asset mix and proper allocation of funds is one of the most important
activity
Profit Planning
Profit earning is one of the prime functions of any business organization. Profit earning is
important for survival and sustenance of any organization. Profit planning refers to proper usage
of the profit generated by the firm.
Profit arises due to many factors such as pricing, industry competition, state of the economy,
mechanism of demand and supply, cost and output. A healthy mix of variable and fixed factors
of production can lead to an increase in the profitability of the firm.
Fixed costs are incurred by the use of fixed factors of production such as land and machinery. In
order to maintain a tandem it is important to continuously value the depreciation cost of fixed
cost of production. An opportunity cost must be calculated in order to replace those factors of
production which has gone thrown wear and tear. If this is not noted then these fixed cost can
cause huge fluctuations in profit.
Understanding Capital Markets
Shares of a company are traded on stock exchange and there is a continuous sale and purchase of
securities. Hence a clear understanding of capital market is an important function of a financial
manager. When securities are traded on stock market there involves a huge amount of risk
involved. Therefore a financial manger understands and calculates the risk involved in this
trading of shares and debentures.
Its on the discretion of a financial manager as to how to distribute the profits. Many investors do
not like the firm to distribute the profits amongst share holders as dividend instead invest in the
business itself to enhance growth. The practices of a financial manager directly impact the
operation in capital market..
Financial Management — objectives — profit maximization, wealth maximization — finance function — role of finance manager — strategic financial management — economic value added — time value of money.
simple and understandable explanation about the duties of a finance manager. This is very good for undergraduate student and those who do not have any idea related to financial management
Importance of financial management
Overview of Financial Management
Time Value Of Money
Cost of capital
International Financial Management
Return and Risk
Valuation of financial instruments
Resume
• Real GDP growth slowed down due to problems with access to electricity caused by the destruction of manoeuvrable electricity generation by Russian drones and missiles.
• Exports and imports continued growing due to better logistics through the Ukrainian sea corridor and road. Polish farmers and drivers stopped blocking borders at the end of April.
• In April, both the Tax and Customs Services over-executed the revenue plan. Moreover, the NBU transferred twice the planned profit to the budget.
• The European side approved the Ukraine Plan, which the government adopted to determine indicators for the Ukraine Facility. That approval will allow Ukraine to receive a EUR 1.9 bn loan from the EU in May. At the same time, the EU provided Ukraine with a EUR 1.5 bn loan in April, as the government fulfilled five indicators under the Ukraine Plan.
• The USA has finally approved an aid package for Ukraine, which includes USD 7.8 bn of budget support; however, the conditions and timing of the assistance are still unknown.
• As in March, annual consumer inflation amounted to 3.2% yoy in April.
• At the April monetary policy meeting, the NBU again reduced the key policy rate from 14.5% to 13.5% per annum.
• Over the past four weeks, the hryvnia exchange rate has stabilized in the UAH 39-40 per USD range.
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What website can I sell pi coins securely.DOT TECH
Currently there are no website or exchange that allow buying or selling of pi coins..
But you can still easily sell pi coins, by reselling it to exchanges/crypto whales interested in holding thousands of pi coins before the mainnet launch.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and resell to these crypto whales and holders of pi..
This is because pi network is not doing any pre-sale. The only way exchanges can get pi is by buying from miners and pi merchants stands in between the miners and the exchanges.
How can I sell my pi coins?
Selling pi coins is really easy, but first you need to migrate to mainnet wallet before you can do that. I will leave the telegram contact of my personal pi merchant to trade with.
Tele-gram.
@Pi_vendor_247
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
what is the future of Pi Network currency.DOT TECH
The future of the Pi cryptocurrency is uncertain, and its success will depend on several factors. Pi is a relatively new cryptocurrency that aims to be user-friendly and accessible to a wide audience. Here are a few key considerations for its future:
Message: @Pi_vendor_247 on telegram if u want to sell PI COINS.
1. Mainnet Launch: As of my last knowledge update in January 2022, Pi was still in the testnet phase. Its success will depend on a successful transition to a mainnet, where actual transactions can take place.
2. User Adoption: Pi's success will be closely tied to user adoption. The more users who join the network and actively participate, the stronger the ecosystem can become.
3. Utility and Use Cases: For a cryptocurrency to thrive, it must offer utility and practical use cases. The Pi team has talked about various applications, including peer-to-peer transactions, smart contracts, and more. The development and implementation of these features will be essential.
4. Regulatory Environment: The regulatory environment for cryptocurrencies is evolving globally. How Pi navigates and complies with regulations in various jurisdictions will significantly impact its future.
5. Technology Development: The Pi network must continue to develop and improve its technology, security, and scalability to compete with established cryptocurrencies.
6. Community Engagement: The Pi community plays a critical role in its future. Engaged users can help build trust and grow the network.
7. Monetization and Sustainability: The Pi team's monetization strategy, such as fees, partnerships, or other revenue sources, will affect its long-term sustainability.
It's essential to approach Pi or any new cryptocurrency with caution and conduct due diligence. Cryptocurrency investments involve risks, and potential rewards can be uncertain. The success and future of Pi will depend on the collective efforts of its team, community, and the broader cryptocurrency market dynamics. It's advisable to stay updated on Pi's development and follow any updates from the official Pi Network website or announcements from the team.
Poonawalla Fincorp and IndusInd Bank Introduce New Co-Branded Credit Cardnickysharmasucks
The unveiling of the IndusInd Bank Poonawalla Fincorp eLITE RuPay Platinum Credit Card marks a notable milestone in the Indian financial landscape, showcasing a successful partnership between two leading institutions, Poonawalla Fincorp and IndusInd Bank. This co-branded credit card not only offers users a plethora of benefits but also reflects a commitment to innovation and adaptation. With a focus on providing value-driven and customer-centric solutions, this launch represents more than just a new product—it signifies a step towards redefining the banking experience for millions. Promising convenience, rewards, and a touch of luxury in everyday financial transactions, this collaboration aims to cater to the evolving needs of customers and set new standards in the industry.
Turin Startup Ecosystem 2024 - Ricerca sulle Startup e il Sistema dell'Innov...Quotidiano Piemontese
Turin Startup Ecosystem 2024
Una ricerca de il Club degli Investitori, in collaborazione con ToTeM Torino Tech Map e con il supporto della ESCP Business School e di Growth Capital
If you are looking for a pi coin investor. Then look no further because I have the right one he is a pi vendor (he buy and resell to whales in China). I met him on a crypto conference and ever since I and my friends have sold more than 10k pi coins to him And he bought all and still want more. I will drop his telegram handle below just send him a message.
@Pi_vendor_247
Even tho Pi network is not listed on any exchange yet.
Buying/Selling or investing in pi network coins is highly possible through the help of vendors. You can buy from vendors[ buy directly from the pi network miners and resell it]. I will leave the telegram contact of my personal vendor.
@Pi_vendor_247
The secret way to sell pi coins effortlessly.DOT TECH
Well as we all know pi isn't launched yet. But you can still sell your pi coins effortlessly because some whales in China are interested in holding massive pi coins. And they are willing to pay good money for it. If you are interested in selling I will leave a contact for you. Just telegram this number below. I sold about 3000 pi coins to him and he paid me immediately.
Telegram: @Pi_vendor_247
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2. The senior manager responsible for overseeing
the financial activities of an entire company. The
CFO's duties include financial planning and
monitoring cash flow. He or she analyzes the
company's financial strengths and weaknesses
and suggests plans for improvement.
The CFO is similar to a treasurer or controller in
that he or she is responsible for overseeing the
accounting and finance departments and for
ensuring that the company's financial reports are
accurate and completed on time.
3. The CFO reports to the president, but has a major say
in the company's capital structure, investments and
how the company manages its income and expenses.
The CFO works closely with other executives and
plays a major role in any company's success,
especially in the long run.
Becoming a CFO requires extensive financial
management experience as well as educational
credentials in finance and/or accounting.
4. 1. Raising of Funds
The Financial Manager / CFO is the person for raising funds for
the company. It is up to the Chief financial officer/ Financial
Manager to assess and acquire the optimum and best way of
funding for the company.
Assessing the need of the situation the financial manager
would prefer Debt or Equity.
5. 2. Understanding Capital Markets
Shares of a company are traded on stock exchange and there is a
continuous sale and purchase of securities. Hence a clear
understanding of capital market is an important function of a financial
manager.
When securities are traded on stock market there involves a huge
amount of risk involved. Therefore a financial manger understands
and calculates the risk involved in this trading of shares and
debentures. Its on the discretion of a financial manager as to how
distribute the profits.
6. 3. Profit Planning
Profit earning is one of the prime functions of any business
organization. Profit planning refers to proper usage of the profit
generated by the firm. A healthy mix of variable and fixed factors of
production can lead to an increase in the profitability of the firm.
Fixed costs are incurred by the use of fixed factors of production such
as land and machinery. In order to maintain a tandem it is important
to continuously value the depreciation cost of fixed cost of
production.
7. 4. Allocation of Funds
Once the funds are raised through different channels the next
important function is to allocate the funds. The funds should be
allocated in such a manner that they are optimally used. In order to
allocate funds in the best possible manner the following point must
be considered
• The size of the firm and its growth capability
• Status of assets whether they are long term or short tem
• Mode by which the funds are raised.
These financial decisions directly and indirectly influence other
managerial activities. Hence formation of a good asset mix and
proper allocation of funds is one of the most important activity
8. 5 . Dispersal of Profits
The financial manager has to decide how much to retain for
ploughing back and how much to distribute as dividend to
shareholders out of the profits of the company.
The factors which influence these decisions include the trend of
earnings of the company, the trend of the market price of its shares,
the requirements of funds for self- financing the future programs
and so on.
9. 6 . Financial Control
Evaluation of financial performance is also an important function of
financial manager. The overall measure of evaluation is Return on
Investment (ROI).
The other techniques of financial control and evaluation include
budgetary control, cost control, internal audit, break-even analysis
and ratio analysis. The financial manager must lay emphasis on
financial planning as well.
10. Mr. Raghuram Rajan
Governor of Reserve Bank of India and
the CFO for the country.
Mr. Ganesh P
Chief Financial Officer of Godrej Industries
11. Mr. Ravi Sud
Vice President and Chief Financial
Officer Hero Corp
Mr. Koushik Chatterjee
Chief Financial Officer Tata Steel
12. Mr. S K Joshi
Chief Financial Officer Bharat
Petroleum Corporation Limited
Mr. Y M Deosthalee
Chief Financial Officer Larsen and
Tuobro Holdings