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Business Studies HSC Topic 3

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These will provide you with notes on finance in the HSC business studies course. They address each relevant syllabus point

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26 Pages Complete Study Notes 1-2 Years old
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5 Ex Credits


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Topics this document covers:
Finance Money Economy Corporate finance Balance sheet Financial management Private equity Working capital Equity Asset and liability management Financial market Financial statement
This is a Complete Set of Study Notes

Complete Study Notes typically cover at least half a semester’s content or several topics in greater depth. They are typically greater than 20 pages in length and go into more detail when covering topics.

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Topics this document covers:
Finance Money Economy Corporate finance Balance sheet Financial management Private equity Working capital Equity Asset and liability management Financial market Financial statement
Sample Text:
Role of Financial Management • Refers to the planning, organising and controlling of the financial resources of a business to achieve the goals of the business. • Ability to manage financial resources will contribute to profit, return on investment, growth and business expansion. • Many businesses fail because of poor financial planning and management. Strategic Role of Financial Management • Is to provide the financial resources to allow the implementation of the business strategic plan. • Strategic plan outlines goals, objectives and future direction of business. • Financial management involves determining the financial resource available to implement the necessary strategies to achieve business goals and objectives  key to any business realising its objectives is the successful financing of its operations. • Financial ma...
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