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Essay

Financial Manager's role

Essay specific features

 

Issue:

Business

 

Written by:

James J

 

Date added:

August 10, 2013

 

Level:

University

 

Grade:

A

 

No of pages / words:

2 / 503

 

Was viewed:

2212 times

 

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Essay content:

Compared to a stockholder, a financial manager has a different time element to consider. The stockholder wants a quick return and to increase the stock price quickly then sell and move on to the next stock, while a financial manager must keep her eyes of the long term goals of the company. The CEO is accountable for establishing a "vision" for strategic capital investment that sets out what the business wishes to achieve given its mission, but the actual procedure of apportioning that capital should be the territory of the CFO...
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The most significant financial choice made each year by the senior executive team and confirmed by the board is how much cash to spend and on which programs the dollars will be spent. Investing in the "right projects" falls to the financial manager, choosing between projects, the financial manager needs to consider not only speed of payback but amount of risk involved...
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General issues of this essay:
Financial Manager's role Financial Statements Financial Statements Role of Financial Manager Role of Financial Manager Role of Financial Manager Role of Financial Manager Role of a Financial Manager Role of the Financial Manager Role of the Financial Manager Role of the Financial Manager role of a financial manager comparison of Medtronic's financial statements to Baxter's financial statements Financial Statements Role of Financial Manager
 

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