Practice Ethical Behavior

Practice Ethical Behavior * The Institute of Management Accountants lists the principle of ethical behavior as the "...obligation to the public, their profession, the organization they serve, and themselves, to maintain the highest standards of ethical conduct" that include competence, confidentiality, integrity and objectivity.
Don't Risk Without Significant Return * Risking profits for poorly designed projects violates a basic principle of financial management. The capital market theory of financial management involves increased return with less risk. Mathematical formulas calculate the risk. * Sponsored Links * IPFC IMA 2 paper CMA(US)
Not all have the patience to study for 14-16 paper accounting exams www.ifcpltd.com/[phone] Design a Realistic Budget *
Management must plan for competitive markets in soliciting funding and marketing a product or service.
Locate Efficient Capital Markets * Capital is money placed in an investment. Capital markets involve long-term financing for investments. Location of funds for both short- and long-term investment is required for sound financial management.
Locate Quality Managers * Financial management requires flexibility in dealing with the unknowns. Quality, competent managers handle "a vast range of unknowns," according to Geoffrey T. Boisi, former administrator at J.P. Morgan, Chase and Company and office holder at the Beacon Group investment banking firm.
Monitor and Evaluate Financial Data * Changing interest and exchange rates and also equity and commodity prices requires savvy financial management, according to Charles S. Tapiero in his text "Risk and Financial Management: Mathematical and Computational Methods," published in 2004. Tapiero stresses the importance of using new math and financial data evaluation techniques in financial management.
Vary Risk With the