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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?

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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?

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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 provided by:
Umut Oltulu, MBA
Education
  • BSc, Dokuz Eylul University
  • MBA, Texas A&M University-Kingsville
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