Explore BrainMass
Share

Explore BrainMass

    financial department

    This content was COPIED from BrainMass.com - View the original, and get the already-completed solution here!

    Consider the role of the finance department at Strident Marks. The finance department has a couple of new hires, and the CFO has asked that you spend a short amount of time with them, catching them up on some areas that are very important to the company at this time. These also happen to be areas for which Strident Marks does not yet have any training material. Write what you feel should be included in their training manual about the components of financial systems, focusing on valuation. What role does a financial department play in valuing business opportunities and what are some of the key financial concepts that valuation work must consider?

    © BrainMass Inc. brainmass.com October 9, 2019, 5:14 pm ad1c9bdddf
    https://brainmass.com/economics/risk-analysis/financial-department-51558

    Solution Preview

    The financial department is responsible for the investment and reinvestment of funds and the purchase and sale of securities of the company. The department should also create an investment policy. The new hires in the financial department should understand the components of internal control relating to the valuation and they should be aware that useful equity analysis and valuation result from an understanding of the firm's competitive position and ...

    Solution Summary

    What role does a financial department play in valuing business opportunities and what are some of the key financial concepts that valuation work must consider?

    $2.19