FM - Chapter 1-3

ROLE OF FINANCIAL MANAGEMENT in the past was

• utilization of funds

• acquisition of funds

• secure funds

One source is _______.

• Financial

• Finance

• Financial Management

is charged with

important and significant tasks and responsibilities

• the businessman

• FINANCIAL EXECUTIVE

• FINANCIAL MANAGEMENT

▪ has a wide range of responsibilities.

▪ His function and activities are in the pursuit of company's goal

• the businessman

• FINANCIAL MANAGEMENT

• FINANCIAL EXECUTIVE

1st MEMBERS OF THE FINANCIAL EXECUTIVE

2nd MEMBERS OF THE FINANCIAL EXECUTIVE

• 1. Chairman of the Finance Committee of the Board of

  Directors

• Vice President of Finance

• Chief Financial Officer

• Controller

3rd MEMBERS OF THE FINANCIAL EXECUTIVE

4th MEMBER OF THE FINANCIAL EXECUTIVE

• Vice President of Finance

• Controller

• Chief Financial Officer

• Chairman of the Finance Committee of the Board of Directors

maximum _______ combined with their ___________ characteristics

Among these is the concerted effort to achieve

an optimum financial scheme of things for the

firm to maximize the welfare of the common shareholders.