Signature Assignment

Financial Management is an important aspect of how a business operates efficiently. The way that the finances are controlled can determine how successful the company is. The finances of a business allows for the growth of the company. The five practices of financial management: capital structure decision, investment appraisal techniques, dividend policy, working capital management and financial performance assessment are critical when assessing a company. The performance of a company plays a key role on how successful the company is on meeting goals. There are different strategies and tools that a company can implement and if they are used to effectively the company can meet their goals. If a company has good finances, a good

Financial Management: “The process for and the analysis of making financial decisions in the business context.” (Cornett, Adair, & Nofsinger, 2016, p. 5).

Ross, S. A., Westerfield, R. W., & Jordan, B. D. (Eds.). (2011). Essentials of corporate finance (7th ed., Rev.). New York, NY: McGraw-Hill Irwin.

As recognized by leading research and consulting firms with knowledgeable, skilled management, advanced state-of-the-art IT affords extraordinary opportunities for greater efficiencies, cost reduction, higher productivity, customer satisfaction, and profitability. Sophisticated IT applications realize their full potential with highly specialized technical knowledge and management skills readily available only in smaller firms focused primarily or exclusively on such applications. Through State of the art IT Security Management (ITSM) processes such as threat management, auditing, encryption and customer education will be used to prevent misuse and/or abuse of Finman’s IT resources or services.

One of the most important parts of a business is the financial management. Each and every other company always strives to have the best management when it comes to its finances. Most organizations have come up with plans and marketing strategies. This is due to the fact tat when companies finances are poorly managed then definitely the whole company is likely to be in trouble or even come down. The financial techniques and principles in most cases comprise of quite a number of aspect for instance those that we intend to look at in this paper-the financial reporting. This will basically comprise of the quality of data and information that the company produced to some of the various stakeholders. Other than that, the paper will also analyze the financial position and performance of the organization using accounting ratios. Another important aspect of financial principles is costing. This basically entails the cost of producing goods and services in the company and how it generally affects the overall performance of the company. The paper will also delve into how important costs in the pricing strategy of the business are. It will further come up with a costing and pricing system that can help the company improve. Last but not least, we focus on the company's budgets and budgetary control. Here there are very important areas that have to be looked into, for

Basically, financial management is generally concerns of procurement, allocation and control of financial resources. The process of using a business 's incomes in well-organized way of thinkable. The resources can include properties and equipment, financial resources, and labor resources as employees. Before planning business the owner of the business will consider the nature of business he is doing to determine the type of costing system that must be adopted. The main consideration of financial resource is always the product which is the money that is made available to a business to spend in the form of cash. In this essay, the product will be the Care Tech Holdings PLC. The service has to be paid for and it is my responsibility as manager to ensure that costs are managed within defined budgets. This requires the development and allocation of budgets, monitoring and evaluating performance and establishing appropriate financial information systems to ensure provision of efficient and cost effective services. Secondly, the owner will hand over the structure of the organisation to the people who will provide the funds. Before planning a business, the owner of the enterprise has an obligation of sheltered sufficient financial resources in the way to be capable to function competently to succeed. (www.businessdictionary.com )

This is a long story and I apologize, but I never thought whether or not I graduate would be placed in someone elses hand. So the way ASU does it is each class has a signature assignment that the entire class is revolved around and if we don’t pass it, we don’t pass the class. When my professor mentioned that her signature assignment would be a group one I was excited, but quickly things started falling apart. One person left the group, but it was fine, because she chose to do so in a timely manner that wouldn’t affect any of us. The way Tanya runs her class is every course day we get time to work on the signature assignment (an advocacy paper) and she walks around and checks in with us. Neither Tanya nor I thought anything was wrong.

As the financial management firm grows and transformations of the times, it becomes essential to advance the technological components that comprise it. Furthermore, technology is only growing further advanced, and the cost of business does not go down, so naturally increasing efficiency and reducing cost needs to be a priority. The greatest way the company, Northcentral University, can develop and grow is through a new technological initiative that centers around centralizing staff, an integrated team outside of the headquarters in boundaryless fashion, and implementing new software technologies to connect these two things.

Information Technology (IT) is a foundation for conducting business today. It plays a critical role in increasing productivity of firms and entire nation. It is proven that firms who invested in IT have experienced continued growth in productivity and efficiency. Many companies' survival and even existence without use of IT is unimaginable. IT has become the largest component of capital investment for companies in the United States and many other countries.

1. Brigham, Eugene F. and Michael C. Ehrhardt. Financial Management Theory and Practice, 13th Edition, Thompson South-Western, ISBN-13# 978-14390-7809-9, ISBN-10#1-4390-7809-2

This portfolio focus on what I have learned during the whole IT Strategy and Control paper, a critical reflection of this paper would be provided. This reflection includes the key points, support reference and the demonstration of my own understanding about the paper itself and all of my personal understandings are based on the learning outcome of this paper. In the first part of this portfolio, I would discuss all the key IT Operations Management framework which have been introduced in the paper, the analysis of the processes based on my own understanding would be given. In the second part, analyze processes required for aligning IT infrastructure and operations with the business goals of an organization would be talked about, and I would focus a business organization which has been mentioned in the caselets as a sample. In the third part, some critical evaluate operational IT organizations and their processes against the studied models would be listed and analyzed. In the last part, the recommendations and analysis of my own would be given against those organizations (caselets) which have some problems and current issues arising from the implementation of the IT framework.

REFERENCES•Ross, S.A., Westerfield, R.W., Jaffe, J., Jordan, B.D. "Modern Financial Management". McGraw-Hill, Eighth Edition, (2008)•R.A. Brealey and S.C. Myers, "Principles of Corporate Finance", McGraw-Hill, Seventh Edition, (2003).

Information Technology (IT) budgeting has become a constant struggle for companies, both big and small. The speed at which technology becomes obsolete, management’s expectations for quick deployment of new technology, and a supplier’s change of their operating model to focus on “as-a-service” (Feldman, 2015) recurring revenue, greatly affect how IT departments approach their budget these days. Other factors such as; lack of company vision or one’s inability to see how their IT department fits into the corporation’s goals and expectations are all huge pitfalls for the IT manager. The inability for IT and finance divisions to

Frenzel (2004) claimed that to be successful, a firm’s IT management team must take action on the following critical areas: business management issues; strategic and competitive issues; planning and implementation concerns; and operational items. If for any reason, the organisation experiences difficulties in the above areas, the manager will need to set goals and objectives to overcome and prevent these issues.

The Author has analysed the company based on the information that has been gathered and aims to make an IT plan. This IT plan would include current and proposed IT systems and its processes. The new IT systems may include CRM, CPFR and web based approach for payroll management.