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Financial management is an important part of management that many managers or executives fail to understand. Generally it is assumed you need to be a skilled accountant to understand financial management, yet it is the area that managers/executives deal with (or should deal with) more than the accountant. This audio seminar will introduce 5 key financial areas that managers/executives need to understand: to help them run successful businesses: - Feasibility of projects
- Cost recovery and investment plateaus
- Depreciation
- Cash flow
- Capital management
The number of key financial management matters is not substantial, but we seem to be operating a balancing act of these key areas. But when we get this balancing act right and understand each of these key areas, then it becomes easier to have a successful financially-performing business. Duration: 26 minutes, 18 seconds
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