Almost everything an enterprise does either costs or makes money. It is therefore important that as a Manager you are cost and revenue-conscious and that your decisions and actions are financially effective.
This Guide is aimed at helping you understand the underlying principles of the financial function of an organisation – an essential skill for any professional with managerial responsibilities. It provides an overview of financial management concepts in accessible language for readers who may not be familiar with the area, and a resource which can be referred to if and when a financial concept or term is used that you need to define or place in context.
The Guide is organised into four main sections covering:
- Raising financial capital
- Financial systems
- Financial accounting, and
- Management accounting
All are critical areas in gaining an understanding of the finance function of an organisation, and the finance responsibilities as a Professional with managerial responsibilities.
Professionals Australia would like to acknowledge the assistance of Chifley Business School in producing this Guide. The Guide draws from Chifley Business School’s MBA, Graduate Diploma and Graduate Certificate content. For further information on courses, visit Chifley Business School or email firstname.lastname@example.org