Skip to Main Content
Financial Management
book

Financial Management

by Jack Alexander
January 2024
Intermediate to advanced content levelIntermediate to advanced
720 pages
17h 20m
English
Wiley
Content preview from Financial Management

1Partner in Driving Performance and Value

“Try not to become a person of success but rather a person of value.”

—Albert Einstein

WHAT IS A FINANCIAL BUSINESS PARTNER?

I define an FBP as those individuals or teams that support the business in achieving goals for performance, and ultimately, value creation. In this text, I have chosen the label FBP rather than FP&A. FP&A is somewhat limiting and the role of FP&A varies from organization to organization. Much of what we define as a FBP occurs outside FP&A, for example, merger and acquisition (M&A) support, Capital Investment evaluation, financing, and so on.

Finance wears many hats in most organizations. These include varied responsibilities such as transaction processing, statutory compliance, financial control, and financial reporting. While these areas represent important functions and activities, they are not considered value-add activities by most nonfinancial senior executives (until they break!). This book will focus on the value-add finance roles we describe as the FBP. However, finance cannot function at this level unless the core elements ...

Become an O’Reilly member and get unlimited access to this title plus top books and audiobooks from O’Reilly and nearly 200 top publishers, thousands of courses curated by job role, 150+ live events each month,
and much more.
Start your free trial

You might also like

Financial Management

Financial Management

Sheeba Kapil
Principles of Managerial Finance, 15th Edition

Principles of Managerial Finance, 15th Edition

Scott B. Smart, Chad J. Zutter, Lawrence J. Gitman
Corporate Finance, 5th Edition

Corporate Finance, 5th Edition

Pierre Vernimmen, Pascal Quiry, Maurizio Dallocchio, Yann Le Fur, Antonio Salvi

Publisher Resources

ISBN: 9781394228362Purchase Link