1. RECAPE LAST LECTURE ECONOMIC ENVIRONMENT FOR BUSINESS

2. MICROECONOMICS POLICIES? MACROECONOMICS ? HOW MACROECONOMICS POLICIES EFFECT ON ORGANISATION’S ID, FD AND DD?

3. ECONOMIC ENVIRONMENT FOR BUSINESS ID: ECONOMIC POLICY FD: MONETARY POLICY DD: FISCAL POLICY

4. POSITIONS OF FINANCE DEPARTMENT TITLES OR POSITIONS OF THE MANAGEMENT OF THE FINANCE DEPARTMENT IN THE ORGANISATION IMPORTANCE? WHY YOU SHOULD KNOW THIS?

5. POSITIONS OF FINANCE DEPARTMENT INFORMWHAT IS FINANCIAL INFORMATION? WHAT IS NON- FINANCIAL ATION?

6. POSITIONS OF FINANCE DEPARTMENT 1.VICE PRESIDENT FINANCE / FINANCE DIRECTOR 2.CHIEF FINANCIAL OFFICER - CFO 3.FINANCIAL CONTROLLER / FINANCE MANAGER 4.TREASURER 5.FINANCIAL ACCOUNTANT/ MANAGEMENT ACCOUNTANT 6.FINANCIAL ANALYST 7.BUSINESS ANALYST

7. POSITIONS OF FINANCE DEPARTMENT 8. HEAD OF CREDIT CONTROL SECTION OR SUPERVISOR OF ACCOUNTS PAYABLE 9. HEAD OF ACCOUNTS RECEIVEABLE / SUPERVISOR OF ACCOUNTS RECEIVABLE 10. ACCOUNTS ASSISTANT / FINANCE ASSISTANT 11. ACCOUNTS CLARK / DATA ENTRY

8. POSITIONS OF FINANCE DEPARTMENT ACCOUNTS CLARK / DATA ENTRY OFFICER? ACCOUNTS ASSISTANT / FINANCE ASSISTANT

9. POSITIONS OF FINANCE DEPARTMENT HEAD / SUPERVISOR OF ACCOUNTS RECEIVEABLE? HEAD / SUPERVISOR OF ACCOUNTS RECEIVABLE?

10. POSITIONS OF FINANCE DEPARTMENT 1.FINANCIAL ANALYST? 2.BUSINESS ANALYST?

11. POSITIONS OF FINANCE DEPARTMENT 1.FINANCIAL ACCOUNTANT? 2. MANAGEMENT ACCOUNTANT? 3.TREASURER?

12. POSITIONS OF FINANCE DEPARTMENT 1.VICE PRESIDENT FINANCE / FINANCE DIRECTOR? 2.CHIEF FINANCIAL OFFICER – CFO? 3. FINANCIAL CONTROLLER / FINANCE MANAGER?

13. FINANCIAL SECURITIES AN MARKETS WHAT IS FINANCIAL SECURITY MEAN?

14. FINANCIAL SECURITIES AN MARKETS A FINANCIAL SECURITY IS A LEGAL INSTRUMENT THAT REPRESENTS EITHER AN OWNERSHIP OR A CREDITOR CLAIM ON A COMPANY

15. FINANCIAL SECURITIES AN MARKETS TWO BASIC KIND OF SECURITIES ARE OF CONCERN TO THE FINANCIAL MANAGER DEBT SECURITY EQUITY SECURITY

16. FINANCIAL SECURITIES AN MARKETS WHAT IS DEBT SECURITY? A DEBT SECURITY ARISES WHEN A FIRM BORROWS MONEY. THE FIRM INCURS A LIABILITY TO REPAY THE AMOUNT OF MONEY BORROWED AT SOME FUTURE MATURITY DATE

17. FINANCIAL SECURITIES AN MARKETS WHAT IS EQUITY SECURITY? AN EQUITY SECURITY REPRESENTS OWNERSHIP IN THE FIRM. PEOPLE PURCHASE EQUITY SECURITIES ARE ENTITLED TO RIGHTS AND CONDITONS THAT ARE DIFFERENT FROM THOSE OF THE FIRM’S CREDITORS.

18. FINANCIAL SECURITIES AN MARKETS FORMS OF BUSINESS ORGANISATION THE KINDS OF SECURITIES USED IN A BUSINESS DEBPEND TO A LARGE DEGREE ON THE FORMS OF ORGANISATION SELECTED BY THE OWNERS

19. FINANCIAL SECURITIES AN MARKETS IN THE USA, THERE ARE THREE BASIC FORMS OF BUSINESS ORGANISATION 1.THE SOLE PROPRIETORSHIP 2.THE PARTNERSHIP 3.THE CORPORATION

20. FINANCIAL SECURITIES AN MARKETS SOLE PROPRIETORSHIP A FIRM OWNED BY A SINGLE PERSONS WHO HOLDS THE OWNERSHIP RIGHTS TO ALL THE ASSETS AND WHO IS RESPONSIBLE FOR ALL THE FIRM’S DEBTS

21. FINANCIAL SECURITIES AN MARKETS SOLE PROPRIETORSHIP IT IS THE EASIEST BUSINESS FORM TO ESTABLISH IT IS THE MOST COMMON FORM OF BUSINESS ORGANISATION

22. FINANCIAL SECURITIES AN MARKETS PARTNERSHIP A PARTNERSHIP IS A BUSINESS ACTIVITY CARRIED ON BY TWO OR MORE PERSONS WHO INTEND TO SHARE THE RESULTING PROFITS OR LOSSES

23. FINANCIAL SECURITIES AN MARKETS TWO TYPES OF PARTNERSHIP SHOULD BE NOTED: 1.GENERAL PARTNERSHIP 2.LIMITED PARTNERSHIP

24. FINANCIAL SECURITIES AN MARKETS GENERAL PARTNERSHIP UNDER THIS AGREEMENT, ALL PARTNERS ARE LIABLE FOR THE DEBTS OF THE BUSINESS. THIS IS THE MOST COMMON FORM OF PARTNERSHIP AGREEMENT

25. FINANCIAL SECURITIES AN MARKETS LIMITED PARTNERSHIP UNDER THIS AGREEMENT, A PARTNERSHIP HAS ONE OR MORE GENERAL PARTNERS. OTHER INDIVIDUALS MAY BE DESIGNATED A LIMITED PARTNERS, WHOSE LIABILITY IS LIMITED TO THE AMOUNT STIPULATED IN THE AGREEMENT.

26. FINANCIAL SECURITIES AN MARKETS LIMITED PARTNERSHIP THE LIMITED PARTNER NORMALLY DOES NOT SHARE IN THE MANAGEMENT OF THE BUSINESS BUT SHARE IN THE PROFITS TO THE EXTENT SPECIFIED IN THE AGREEMENT,

27. FINANCIAL SECURITIES AN MARKETS CORPORATION A CORPORATION IS A LEGAL ENTITY CREATED UNDER THE LAW AND EMPOWERED TO OWN ASSETS, TO INCUR LIABILITIES, AND TO ENGAGE IN BUSINESS OPERATIONS.

28. FINANCIAL SECURITIES AN MARKETS SEVERAL CHARACTERISTICS OF THE CORPORATION FORM ARE IMPORTANT: 1.IT IS FORMED UNDER THE LAWS OF A SPECFIC STATE / COUNTRY 2.IT EXISTS APART FROM ITS OWNERS 3.IT IS ADVANTAGEOUS OF LARGE BUSINESS OPERATIONS 4.LIMITED LIABILITY 5.PERPETUAL EXISTENCE 6.ESAE OF TRANFERRING OWNERSHIP