Managerial Finance Foundations

Introduction

• Managerial finance

1. Overview of Managerial Finance

• Combining finance and managerial accounting
• Key topics in finance
• Key topics in managerial accounting

2. Financial Statements and Ratio Analysis

• Overview of the financial statements
• Understanding the DuPont framework
• Common-size financial statements
• Common financial ratios
• Time-series analysis

3. Working Capital Management

• The operating cycle of working capital
• Cash management and working capital
• Managing receivables and inventory
• Obtaining short-term financing

4. Long-Term Decisions

• Time value of money decisions
• Risk, return, and the cost of capital
• Capital budgeting decisions
• Financial modeling and forecasting financial statements

5. Capital Structure

• Overview of capital structure
• Does capital structure matter?
• Factors influencing optimal capital structure
• Weighted average cost of capital (WACC)
• Dividends and share repurchases

6. International Financial Management

• Currency exchange rates
• International financing
• Multinational income taxes

Conclusion

• Data-informed decisions