THE STUDENT ACCOUNTANT PAPER 3.

4: Financial Management

MAIN TOPIC: The Finance Function and Environment a. Define finance and its three main areas:  Corporate financial management  Investment  Financial market and institutions b. Describe the external financial environment. c. Describe the three major types of financial management decisions:  Investment  Financing  Dividend policy decisions d. Explain internal finance strategies. e. Describe the role of the finance manager in private and public sector organisations. f. Explain the basis for the firm's goal of maximizing shareholders' wealth.

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