Financial Management Career

Financial Management Career

LP5 Assignment: Final Project

Directions: Finance for Managers requires a final project in place of a final exam. The final project should demonstrate that you have achieved the competencies contained in the course syllabus and listed below:

  1. Identify the functions and goals of financial management.
  2. Analyze the impact of various accounting and finance decisions.
  3. Understand working capital management.
  4. Evaluate capital budgeting projects.
  5. Manage operational budgets.
  6. Discuss the role of ethics and professional responsibility for managers as it relates to an organization’s financial matters.

Specifically, to demonstrate your achievement, you will prepare a 1200 word paper on how you see the impact and application of accounting and finance through the rest of your career. The word-count should not include the title page, certificate of authorship, references or long quotes – in other words, the goal is for you to provide 1200 words of original thought.

Reflect on what you have learned in this class – How will it help you to be a more successful manager and leader?

At a minimum, you should include discussion on the impact of finance and accounting decisions, determining financial health, evaluating capital budgeting projects, and managing of operational budgets. You should weave the ideas of professional responsibility and ethics throughout your paper.

The paper should contain a minimum of 5 academic references (do NOT cite Wikis or other “resource” or anonymous websites) and should be written in APA format with in-text citations and a reference page.

This assignment is designed to make you think about the ways that finance and accounting impact your business life and how it will continue to impact your business life as you advance throughout your professional career

Answer preview

Financial management helps the manager or an individual to plan, control, organize, and monitor the financial resources of an entity to achieve the set objective.  It involves managing money efficiently and effectively to realize organizational goals.  Financial management is an ideal practice in the organization for controlling financial activities like accounting, or procurement, funds utilization, risk management, and so on.  Proper financial management reduces operating costs and improves the organization’s…

(1300 words)

Scroll to Top