ratio analysis
A financial ratio is a relative magnitude of two selected numerical values taken from a Company's Financial Statements. There are many standard ratios that can be used to evaluate the overall financial condition of a company. Financial ratios can be used by managers of a firm or shareholders (both current and potential) or banks or anyone else to gauge the financial strength of the company. They can be used also to compare the strengths and weaknesses of two or more organizations.For Ex: If I were to buy a banking stock from the Indian stock market, I can compare the financial ratios of a few of the country's leading banks like ICICI, HDFC, SBI etc and then choose the one which I feel has the most impressive financial background and strengths.
Decisions are not taken, they are made. Financial managers obviously make decisions about MONEY. Where to spend it and how much and why. Business owners are typically the financial manager of a company simply because they want to make money.
Financial objectives are created to guide managers with their financial decisions. By comparing their decisions to the financial goals of the organizations, the manager can determine whether they are on the right track.
true
Accounting is the keeping of financial accounts. Those who work in accounting are responsible for keeping accurate financial records, and providing reports to business owners, managers, and stockholders.
To maintain records into a data base for future planning. To make managers aware of the strengths and weaknesses of their management systems.
financial managers
A financial ratio is a relative magnitude of two selected numerical values taken from a Company's Financial Statements. There are many standard ratios that can be used to evaluate the overall financial condition of a company. Financial ratios can be used by managers of a firm or shareholders (both current and potential) or banks or anyone else to gauge the financial strength of the company. They can be used also to compare the strengths and weaknesses of two or more organizations.For Ex: If I were to buy a banking stock from the Indian stock market, I can compare the financial ratios of a few of the country's leading banks like ICICI, HDFC, SBI etc and then choose the one which I feel has the most impressive financial background and strengths.
Provide poor reporting for managers
Institute of Professional Financial Managers was created in 1992.
Capita Financial is a company that provides financial services to industry. Currently the Capita Financial is managed by the Capita managers in the UK.
All types of people can make good project managers in different situations. Detail oriented people, creative people and analytical people all add their own personalities, strengths and weaknesses to projects.
How will managers use financial information to predict outcomes for business?
cost
there is an open communication among the managers and employees.
Sony's organizational hierarchical structure strengths include, substantial operating capital to fund expansion to subsidize a myriad of departments. It has the resources to create a competitive advantage, allowing the company to provide managers with high performing professionals. It has managers and departments who have shown the ability to leverage innovation ahead of their competitors, thus strengthening the company. Managers have a positive reputation along with the company incentives to provide employee motivations. Weaknesses include duplication on many levels of the hierarchy. It also has a high debt ratio.
Financial managers in bank holding offices earned a mean annual salary of $92,390 in 2001