COURSE OUTLINE: Part 1. Introduction to Financial Management
Part 2. Review of Financial Statement
Preparation, Analysis and Interpretation
Part 3. Finacial Planning Tools and Concepts
Part 4. Sources and Uses of Short-Term and
Long Term Funds
Part 5. Basic Long Term Financial Concepts
Part 6. Introduction to Investment
Part 7. Managing Personal Finance
ACTIVITY # 1: On a sheet of paper, answer the following questions?
1.How much is you daily allowance? If not given daily, how
much is your average allowance per day?
2. Write down all the items you spend money on. List the description and peso amount spent.
3. Compute for the balance of your allowance by deducting
the expenses you listed from your daily allowance.
4. If the answer to Question 3 is positive, what do you do with
the money left? If the answer is negative, where do you get additional money? FINANCE IN EVERYDAY LIFE WHAT IS FINANCE?
Finance can be defined as the
science and art of managing money. (Gitman & Zutter, 2012) BUDGETING
Budgeting is the act of
estimating revenue and expenses over a period of time INVESTMENT
Investments come in many
forms that will generate income or appreciate in the future SOURCES OF FUNDS • Ask from parents • Borrow from a friend • Fund raising activities • Pawnshops • 5/6 • Banks FORMS OF BUSINESS ORGANIZATION 1. Sole Proprietorship - A business owned by one person and operated for his or her own profit. 2. Partnership - A business owned by two or more people and operated for profit. 3. Corporation – An entity created by law owned by shareholders.