hat are the basic concepts and techniques of financial management and their relevance in measuring the performance and position of a sports organization?
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- Examine the basic concepts and techniques of financial management and its relevance inmeasuring the performance and position of a sports organization.What does the term financial health mean as it relates to an organization? What factors are taken into consideration when assessing an organization’s financial health and stability? What is the present understanding of how financial ratio analysis is used by an organization?Discuss the role of finance in business. What is the purpose of financial management? Describe the kinds of activities that financial management involves. What kind of tools do financial managers leverage to access and/or monitor the health and performance of a business?
- What kind of tools do financial managers leverage to access and/or monitor the health and performance of a business?Based on your understanding, expound the role of a financial manager in financing, investing, and operating decisions of a firm?What should the ultimate financial aims of a company be and what role should the finance function play in their achievement? In particular, which of the related responsibilities of the finance department involve a direct interface with management?
- Financial statement analysis is the process of analysing a company's financialstatements for decision-making purposes. External stakeholders use it to understand the overall health of an organization as well as to evaluate financial performance and business value. Internal constituents use it as a monitoring tool for managing the finances. Differentiate the three main types of financial statements: the balance sheet, income statement and cash flow statement??What are the latest trends and developments in the field of accounting and finance, and how can organizations leverage them to improve financial management practices?What are the latest trends and developments in the field of accounting and finance, and how can organizations leverage them to improve financial management practices? Provide examples to support your answer
- Which of the following would not be a goal of externalusers reading a company’s financial statements?a. Understanding the current financial state of the company.b. Assessing the company’s contribution to social andenvironmental policies.c. Predicting the company’s future financial performance.d. Evaluating the company’s ability to generate cash fromsalesUnderstanding the basic types of financial management decisions and the role of the financial manager.Which of the following statements are true? a. Screening projects of the company and determining whether they are profitable or not is part of the financial manager’s investing role. b. A financial manager emphasizes that one of the roles of their department is to transact in the financial markets. c. In an organizational chart, a financial manager who is concerned with determination of product cost and cost control function must be under the Treasurer’s Function. d. A financial manager who is tasked to assessment the company’s credit capacity. In an organizational chart, he must be under the controller.