Strategic Finance/Accounting Issues
Several finance/accounting concepts central to strategy implementation are acquiring needed capital, developing projected financial statements, preparing financial budgets, and evaluating the worth of a business. Some examples of decisions that may require finance and accounting policies are:
To raise capital with short-term debt, long-term debt, preferred stock, or common stock
To lease or buy fixed assets
To determine an appropriate dividend payout ratio
To use last-in, first-out (LIFO), first-in, first-out (FIFO), or a market-value accounting approach
To extend the time of accounts receivable
To establish a certain percentage discount on accounts within a specified period of time
To determine the amount ...
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