Principles of Finance

This note provides an introduction to finance as a discipline, as well as the functions or duties of a financial manager in a business organization. Topics covered include: Relationship between Finance and overall Operations of an Organization, Sources of Finance: Short-term sources and Long-term sources, Sources and Application of Funds, Management of Financial Resources, Working Capital Management, Share Valuation, Capital Formation and Types of Capital, Financial Decision and Liquidity, Present Value of Money and Compounding Techniques, Applications of Present Value and Compounding Techniques, Financial Planning and Control, Profit Planning and Control, Dividend Policy, Leasing and Venture Capital, Types of Bank Credit and their Significance, Capital and Money Markets, Credit Creation, Credit and Credit Instruments.

Author(s): National Open University Of Nigeria


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