Effective financial management: the cornerstone for success / Geoff Turner.

Effective financial management: the cornerstone for success / Geoff Turner.

1st ed.

9781606492338 (pbk.)
9781606492345 (electronic bk.)

[New York, N.Y.] (222 East 46th Street, New York, NY 10017) : Business Expert Press, 2011.

English

1 electronic text (xi, 149 p.) : ill., digital file.

10.4128/9781606492345 doi

HG4026 .T874 2011

658.15

2 BEP

In a fast-changing world, brimming with social and economic uncertainty, financial information plays a vital role in the life of an organization and does so with two sets of eyes. One set looks back to see what has happened. This is the accounting function, which is simply about the recording of events and the production of the financial reports that satisfy the stewardship responsibility of management. The other set looks forward to determine the most appropriate strategic direction for an organization, guiding managerial actions, motivating behaviors, and creating and supporting the cultural values necessary to achieve an organization's strategic objectives. This book is all about the second set of eyes, which are the lenses of financial management, that help organizations plot their ways through an environment filled with opportunities and dangers. For students and aspiring managers, as well as those who already have management responsibilities, this book provides an insight, through the eyes of the characters of a start-up company, of some of the ideas and models that help to identify the possible strategies capable of maximizing an organization's value, which is the same as making the owners as wealthy as possible, to determine how to finance the organization in the most proper way, to allocate the collected capital in the most effective way, to monitor the implementation of the chosen strategy to see whether it is meeting the planned objectives, and to reasonably decide on the reinvestment and distribution of profits.

Includes bibliographical references (p. 145-146) and index.

Access limited to authorized users.

Also available in print.

Mode of access: World Wide Web.
System requirements: Adobe Acrobat reader.

Title from PDF t.p. (viewed on April 29, 2011).

Financial accounting collection, 2152-7121.

Print version: 9781606492338

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