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Business Ethics
book

Business Ethics

by A. C. Fernando
September 2009
Intermediate to advanced
532 pages
27h 59m
English
Pearson India
Content preview from Business Ethics

Chapter Seventeen

Financial Management: An Overview and Ethical Perspective*

INTRODUCTION

Corporate accounting and finance, which refers to the accounting practices and reporting through financial statements of public limited companies, is broadly categorized as:

  1. financial accounting
  2. financial management

Financial accounting is the language of business. It is meant to measure, translate and sum up the impact of all business transactions into financial terms, in the form of statements. Such statements take the forms of balance sheet, income statement and cash flow statement and facilitate an organization to analyse and evaluate periodically whether its business is profitable and worth pursuing. Based on this financial input alone, the enterprise ...

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Publisher Resources

ISBN: 9788131711736