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Financial Forecasting Riordan Manufacturing
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Blueprint for Personal and Professional Growth MMBA 6560: Financial Management Part I: Ethics and Finance Part II: Expanding Your Financial Acumen Part III: Finance and You Name: Response Part I: Ethics and Finance Date Completed: News reports often contain high profile stories about businesses that fail to apply ethical standards to their financial calculations and reporting. Lapses in judgment or deliberately deceptive practices have at times led to the demise of an organization or to a public scandal. What ethics-based practices would you, as a manager, expect of your finance department? What processes and checks would you implement to ensure the application of business ethics, and to detect any variances or lapses in their application? Part II: Expanding Your Financial Acumen Date Completed: One way of looking at financial acumen is to view it as the representation of a finance executive’s knowledge base. This knowledge base can be seen in the financial measures undertaken by the finance executive and their application to reporting and, ultimately, decision-making. Are there certain financial measures and practices that you will incorporate in your career as a manager? What is your financial knowledge base? How do your financial practices relate to your personal financial acumen? Part III: Finance and You Date Completed: In this course, you have expanded your understanding of finance in terms of the measures taken and implementation of financial data in a business. You have also thought about the ways that finance fits into the larger management of a going concern. How would you integrate finance in your assessment of a business’ health and in your planning for growth and expansion? How will your effectiveness as a manager increase as a result of your expanded understanding?
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