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学术论文代写:组织财务管理的重要性

财务是任何组织的生命线。财务管理是指为了实现组织目标而对货币资金进行有效和高效的管理。任何财务战略的根本成功都取决于外部环境,在这种环境中,企业对核心竞争力、可持续竞争优势、制定、决策、实施和监测进行内部和外部审查。财务管理的重点是现有的财务状况,未来的财务目标和方法的成就(富勒,M。,2010)。战略财务管理过程利用财务分析模型来制定战略财务计划。这个过程包括不同的步骤,使公司能够以有效和高效的方式执行类似的活动超过他们的竞争对手(哈林顿,R。Ottenbacher, M。,2011)。战略财务管理过程包括愿景陈述、使命陈述、分析、战略制定和战略实施与管理。财务参数已被用来评估企业的财务业绩。战略财务管理支持财务在建立和监控特定财务目标中的作用(McManus, J。,2011)。这些战略目标在协调的基础上使本组织能够有效和高效地运作。财务管理包括自由现金流、经济增加值、资产管理、融资决策与资本结构、利润率、增长指标、风险评估与管理、税收优化。

自由现金流衡量企业的财务健康状况,并评估财务资源的有效利用,为未来的投资创造现金。自由现金流使组织能够基于现金流模式进行项目。经济增加值是企业在决策过程中为扩大经营而使用的一种管理工具。该过程的目的是提高企业的经济价值,并采取纠正措施,以销毁不可持续的活动。资产管理的目的是对流动资产、流动负债和流动资金进行有效的管理。相对于市场上的竞争对手,企业利用资产管理来提高运营绩效(Palm, P。,2013)。组织为周转资金需求提供资金的途径有限。此外,由于组织强调企业资本成本的最小化,因此最优资本结构获得了本质的收益。资本结构决定借贷能力和杠杆率(Pellissier, R。克鲁格,J。,2011)。财务在战略规划过程中发挥着重要作用,增强了组织实现核心竞争力和可持续竞争优势的能力。

学术论文代写:组织财务管理的重要性

Finance is the lifeline of any organization. Financial management refers to effective and efficient management of monetary funds for accomplishment of organizational objectives. The fundamental success of any financial strategy depends on external environment in which business operates internal and external review of core competencies, sustainable competitive advantages, formulation, decision making, implementation and monitoring. Financial management focuses on existing financial position, future financial goals and methodologies for achievement (Fuller, M., 2010). Strategic financial management process utilizes financial analytical models for development of strategic financial plan. The process involves different steps for enabling the firm to perform similar activities in an effective and efficient manner over their competitors (Harrington, R., Ottenbacher, M., 2011). Strategic financial management process involves vision statement, mission statement, analysis, strategy formulation and strategy implementation and management. Financial parameters have been used for assessment of firm’s financial performance. Strategic financial management supports role of finance in establishment and monitoring of specific financial objectives (McManus, J., 2011). These strategic objectives on a co-ordinate basis enable effective and efficient functioning of the organization. Financial management include free cash flow, economic value added, asset management, financing decisions and capital structure, profitability ratio, growth indices, risk assessment and management and tax optimization.
Free Cash flow measures firm’s financial health and evaluates effective utilization of financial resources for generation of cash for future investments. Free Cash flow enables organisations to undertake projects based on cash flow pattern. Economic value added is a management tool used in decision making process for expansion of business. The process aims to increase firm’s economic value and take corrective actions for destruction of unviable activities. Asset management aims for efficient management of current assets, current liabilities and working capital. Organisations use asset management for improvement in operating performance over their competitors in the marketplace (Palm, P., 2013). An organization has limited avenues for funding working capital requirements. In addition, optimal capital structure gains essence since organisations lay emphasis on minimization of firm’s cost of capital. Capital structure determines borrowing capacity and leverage ratio (Pellissier, R., Kruger, J., 2011). Finance plays an important role in strategic planning process and strengthens organization’s capabilities for achievement of core competencies and sustainable competitive advantages.