Academic Resources

Nature And Scope of Finance

KSh 50.00

The finance function is the process of acquiring and utilizing funds by a business. It is concerned with planning, acquiring, utilization and controlling of financial resources/activities. It deals with investment decisions, financing decisions, dividend decisions, liquidity decisions, budgetary control etc. These notes examine the nature and scope of the finance function in business.

Category:

Description

Description: 

  1. What is finance?
  • Definition of finance
  • Key decision areas in business finance
  1. The goal of a firm
  • Financial goals of a firm
    • Profit maximization goal
    • Limitation of the profit maximization goal of the firm
    • Value maximization goal
  • None-financial goals of a firm

 

Level:

Undergraduate and Professional Level Examinations like CPA, CFA, CIFA and ACCA.

KES: 50 Shillings

USD: 2 Dollars

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