Summary:
The primary objective of this note is to provide an introduction to the basic tools and techniques required to assess a company’s financial performance, and to project the short-term future performance of a business. This document will introduce:
- Professional judgment
- Analysis of historical financial information
- Financial ratio analysis
- Projected financial statements
- Sensitivity analysis
- Types of financing
- Credit worthiness
These financial management tools and skills are a selection of those employed by business managers, investors, owners, and potential creditors to assess businesses.
Introductory Note on Financial Management
Author: Richard S. Bloomfield and Lauren Nicolaas
Category:
Financial Management
Preamble:
This note was edited by Joe Gilvesy, Alexander (A.J.) Miller, Katie Oates, and Shahin Pardhan. Final production of this note was done by Ryan Rabie from the Library and Learning Services team at Huron University. The authors' intent for this material is to be used in a classroom or other management learning settings. Names or other identifying information may be altered to protect confidentiality.
Published 07-22-2024
Copyright:
This content is freely available without charge to readers and their institutions. All content is published under the Creative Commons License, Attribution-NonCommercial-NoDerivatives 4.0 International (CC BY-NC-ND 4.0). Readers are allowed to read, download, copy, distribute, print, search, or link to the full texts of this case without seeking prior permission from the author(s).
Keywords