Module 01: Introduction Module 01: IntroductionAttached Files: Chapter 1 PowerP

Module 01: Introduction
Module 01: IntroductionAttached Files:
Chapter 1 PowerPoint Slides Chapter 1 PowerPoint Slides – Alternative Formats (628.645 KB)
Welcome to the wonderful world of finance! However, if you read newspapers or watch financial news, you might wonder if finance is so wonderful. Current events are a good indication of why this course is important to you as an individual and as a business manager. The concepts and tools of finance provide a methodology to establish economic value.
In this module, we will consider the basic principles of finance and the goal of the firm. We will also examine value-based financial management. These concepts are important to the long-term success of organizations and are equally important to individuals, couples, families, communities, and nations.
Why should you study finance? Even if you hate math, you will benefit from understanding the process and meaning behind an organization’s financial results. With this knowledge, you can still hire a financial manager to do the analysis. The difference is, you will know how to approach a decision and what questions to ask, and you will understand the answers. This information also helps you understand how and why organizations are formed.
Learning Outcomes
Examine the foundations of corporate structure and principles of financial management.
Evaluate the legal forms of business operations.
Analyze corporate tax considerations.
Readings
Required:
Chapter 1: An Introduction to the Foundations of Financial Management in Foundations of Finance
Doing business in Saudi Arabia 2023: Complete guide. (2021, October 20). Tetra Consultants.
Saudi vision 2030: An ambitious vision for an ambitious nation. (n.d.). Kingdom of Saudi Arabia.
Recommended:
Chapter 1 PowerPoint Slides
Rafay, A. (2020). HandBook of research on theory and practice of global Islamic finance. IGI Publishing.