Answer to Question #270057 in Accounting for Nhlaphu

Question

With reference to financial management, write a short essay on the concept of sources of finance as a key fundamental in respect of managers’ maximising corporate value for shareholders. Maximum 600 words and include references.

Answer 1

It is concerned with both the day-to-day operations of a company's cash flows as well as long-term financial objectives (e.g., issuing bonds). Corporate finance is concerned with cash flow management, accounting, financial statement preparation, and taxation, in addition to capital investments.