财务管理专业英语相关资料课件

财务管理专业英语崔凌云cuilingyun@1财务管理专业英语崔凌云1一、Contents—内容1.IntroductiontoFinancialManagement(1)财务管理概述（1）2.IntroductiontoFinancialManagement(2)

财务管理概述（2）一、Contents—内容1.Introductiont2一、Contents—内容3.InterpretingFinancialStatements诠释财务报表4.FinancialRatioAnalysis

财务比率分析5.TimeValueofMoneyandValuation货币时间价值与估价一、Contents—内容3.InterpretingF3一、Contents—内容6.RiskandReturn风险与收益7.CapitalBudgeting

资本预算8.CapitalMarketandRaisingFunds资本市场与资金筹集一、Contents—内容6.RiskandRetur4一、Contents—内容9.CapitalStructure

资本结构10.DividendPolicy

股利政策11.WorkingCapitalManagement

营运资本管理一、Contents—内容9.CapitalStruct5一、Contents—内容12.InternationalFinancialManagement

国际财务管理一、Contents—内容12.International6二、Requirements—要求1、专业词汇2、简单计算二、Requirements—要求1、专业词汇71）Account、Accounting&AccountantAccount：解释、说明；银行账户

Hegavemeafullaccountofhisplan.他把计划给我做了完整的说明。

I’dliketoopenabankaccount.我想开一个银行存款账户。会计科目；账户1）Account、Accounting&Account81）Account、Accounting&AccountantAccounting：会计、会计学

FinancialAccountingandManagerialAccountingaretwomajorspecializedfieldsinAccounting.财务会计和管理会计是会计的两个主要的专门领域。

Accountingelements会计要素1）Account、Accounting&Account91）Account、Accounting&AccountantAccountant：会计师、会计人员

CertifiedPublicAccountant

注册会计师（CPA）1）Account、Accounting&Account102）Assets、Liabilities&Owner’sEquityAsset：宝物、财富

Hisleadershipisagreatassettoourteam.他的领导能力是我们队的一大宝贵财富。Assets：资产2）Assets、Liabilities&Owner’s112）Assets、Liabilities&Owner’sEquityLiability：责任、义务

Liabilitytopaytaxes纳税的义务Liabilities：负债、债务Owner’sequity：所有者权益2）Assets、Liabilities&Owner’s123）Debit&CreditDebit：借方

Debt：债务NationalDebt国债Credit：信用、名望

Amanofhighcredit极有名望的人赊账；贷方

Creditsales赊销3）Debit&CreditDebit：借方134）Currentassets&CurrentliabilitiesCurrent：通用的；当今的

Currentmoney通货流动的

Currentassets：流动资产

Currentliabilities：流动负债活期的

Currentaccount活期存款4）Currentassets&Currentlia145）Receivable&PayableAccountsreceivable：应收账款Accountspayable：应付账款Notesreceivable：应收票据Notespayable：应付票据Prepaid：预付的

Prepaidexpenses预付费用5）Receivable&PayableAccounts152、简单计算CalculatetheblanksinthefollowingbalancesheetfortheFiskCompanyfor1998.Payattention,youneedtokeepthecalculationprocedureindetails.2、简单计算Calculatetheblanksin16Cash$50,000Currentliabilities

(4)Accountsreceivable50,000Long-termdebt

(5)Inventory

(1)Shareholders’equity

(6)Plantandequipment

(2)Totalassets

(3)Liabilitiesandequity

(7)Cash$50,000Currentliabiliti17Thefollowinginformationisalsoavailable:Quickratio=1.0timeWorkingcapitaltosalesratio=10%Totalassetsturnover=2timesSales=$2millionDebtratio=50%Thefollowinginformationisa18三、others—其它作业平时成绩占期末总成绩的10%三、others—其它作业191、IntroductiontoFinancialManagement(1)1.1FinancialManagementandFinancialManager1.2FinancialManagementDecision1.3Risk-ReturnTradeoff1、IntroductiontoFinancialMa201.1FinancialManagementFinancialmanagementisanintegrateddecision-makingprocessconcernedwithacquiring,financing,andmanagingassetstoaccomplishsomeoverallgoalwithinabusinessentity.1.1FinancialManagementFinanc211.1FinancialManagerVicepresidentoffinance

财务副总裁Chieffinancialofficer(CFO)

首席财务官Chiefexecutiveofficer(CEO)

首席执行官1.1FinancialManagerVicepres221.2FinancialManagementDecision1)Long-terminvestmentdecisions2)Long-termfinancingdecisions3)WorkingCapitalManagementDecisions1.2FinancialManagementDecis231.2.1InvestmentDecisionsLong-terminvestmentdecisionsinvolvedeterminingthetypeandamountofassetsthatthefirmwantstohold.1.2.1InvestmentDecisionsLong24Thefinancialmanagermakesinvestmentdecisionsaboutalltypesofassets–itemsontheleft-handsideofthebalancesheet.1.2.1InvestmentDecisionsThefinancialmanagermakesin25Inwhatlinesofbusinessshouldthefirmengage?Shouldthefirmacquireothercompanies?Whatsortsofproperty,plant,andequipmentshouldthefirmhold?1.2.1InvestmentDecisionsInwhatlinesofbusinessshou26Shouldthefirmmodernizeorsellanoldproductionfacility?Shouldthefirmintroduceamoreefficientdistributionsystemthanthecurrentone?1.2.1InvestmentDecisionsShouldthefirmmodernizeors27Theinvestmentprinciplestatesthatthefirmshouldinvestinassetsandprojectsyieldingareturngreaterthantheminimumacceptablehurdlerate.1.2.1InvestmentDecisionsTheinvestmentprinciplestate281.2.2FinancingDecisionsDoesthetypeoffinancingusedmakeadifference?Istheexistingcapitalstructuretherightone?Howandwhereshouldthefirmraisemoney?1.2.2FinancingDecisionsDoes291.2.2FinancingDecisionsShouldthefirmusefundsraisedthroughitsrevenues?Shouldthefirmraisemoneyfromoutsidethebusiness?Ifthefirmseeksexternalfinancing,shoulditbringinotherownersorborrowthemoney?1.2.2FinancingDecisionsShoul301.2.2FinancingDecisionsInternallygeneratedfundsrepresenttheamountofearningsthatthefirmdecidestoretainafterpayingacashdividend,ifany,toitsstockholders.1.2.2FinancingDecisionsInter311.2.2FinancingDecisionsForpubliclytradedfirms,afirmhastheoptionofreturningcashtoownerseitherthroughdividendsorstockrepurchases.1.2.2FinancingDecisionsForp321.2.2FinancingDecisionsIfthefirmdecidestoraisefundsexternally,thefinancialmanagercandosobyincurringdebts,suchasthroughbankloansorthesaleofbonds,orbysellingownershipintereststhroughastockoffering.1.2.2FinancingDecisionsIfth331.2.3WorkingCapitalManagementDecisionsHowmuchofafirm’stotalassetsshouldthefirmholdineachtypeofcurrentassetsuchascash,marketablesecurities,andinventory?1.2.3WorkingCapitalManageme341.2.3WorkingCapitalManagementDecisionsHowmuchcreditshouldthefirmgranttocustomers?Howshouldthefirmobtainneededshort-termfinancing?1.2.3WorkingCapitalManageme35Thebalance-sheetmodelThebalance-sheetmodel361.3Risk-ReturnTradeoffriskaversion——investorsshouldexpectahigherreturnfortakingonhigherlevelsofrisk1.3Risk-ReturnTradeoffriska37关于Finance1.一般情况下，与企业相关的理财范畴翻译成“财务”

financialmanagement财务管理

corporatefinance公司理财

managerialfinance管理财务

businessfinance企业财务关于Finance1.一般情况下，与企业相关的理财范畴翻38关于Finance2.一般情况下，与货币市场、资本市场等相关的理财范畴翻译成“金融”

financialmarket金融市场

financialinstitution金融机构

financialinstrument金融工具

financialderivative金融衍生工具关于Finance2.一般情况下，与货币市场、资本市场等39关于Finance3.一般情况下，与宏观经济政策有关的理财范畴翻译成“财政”

publicfinance公共财政

MinistryofFinance(MOF)

财政部关于Finance3.一般情况下，与宏观经济政策有关的理40本资料来源本资料来源41财务管理专业英语崔凌云cuilingyun@42财务管理专业英语崔凌云1一、Contents—内容1.IntroductiontoFinancialManagement(1)财务管理概述（1）2.IntroductiontoFinancialManagement(2)

财务管理概述（2）一、Contents—内容1.Introductiont43一、Contents—内容3.InterpretingFinancialStatements诠释财务报表4.FinancialRatioAnalysis

财务比率分析5.TimeValueofMoneyandValuation货币时间价值与估价一、Contents—内容3.InterpretingF44一、Contents—内容6.RiskandReturn风险与收益7.CapitalBudgeting

资本预算8.CapitalMarketandRaisingFunds资本市场与资金筹集一、Contents—内容6.RiskandRetur45一、Contents—内容9.CapitalStructure

资本结构10.DividendPolicy

股利政策11.WorkingCapitalManagement

营运资本管理一、Contents—内容9.CapitalStruct46一、Contents—内容12.InternationalFinancialManagement

国际财务管理一、Contents—内容12.International47二、Requirements—要求1、专业词汇2、简单计算二、Requirements—要求1、专业词汇481）Account、Accounting&AccountantAccount：解释、说明；银行账户

Hegavemeafullaccountofhisplan.他把计划给我做了完整的说明。

I’dliketoopenabankaccount.我想开一个银行存款账户。会计科目；账户1）Account、Accounting&Account491）Account、Accounting&AccountantAccounting：会计、会计学

FinancialAccountingandManagerialAccountingaretwomajorspecializedfieldsinAccounting.财务会计和管理会计是会计的两个主要的专门领域。

Accountingelements会计要素1）Account、Accounting&Account501）Account、Accounting&AccountantAccountant：会计师、会计人员

CertifiedPublicAccountant

注册会计师（CPA）1）Account、Accounting&Account512）Assets、Liabilities&Owner’sEquityAsset：宝物、财富

Hisleadershipisagreatassettoourteam.他的领导能力是我们队的一大宝贵财富。Assets：资产2）Assets、Liabilities&Owner’s522）Assets、Liabilities&Owner’sEquityLiability：责任、义务

Liabilitytopaytaxes纳税的义务Liabilities：负债、债务Owner’sequity：所有者权益2）Assets、Liabilities&Owner’s533）Debit&CreditDebit：借方

Debt：债务NationalDebt国债Credit：信用、名望

Amanofhighcredit极有名望的人赊账；贷方

Creditsales赊销3）Debit&CreditDebit：借方544）Currentassets&CurrentliabilitiesCurrent：通用的；当今的

Currentmoney通货流动的

Currentassets：流动资产

Currentliabilities：流动负债活期的

Currentaccount活期存款4）Currentassets&Currentlia555）Receivable&PayableAccountsreceivable：应收账款Accountspayable：应付账款Notesreceivable：应收票据Notespayable：应付票据Prepaid：预付的

Prepaidexpenses预付费用5）Receivable&PayableAccounts562、简单计算CalculatetheblanksinthefollowingbalancesheetfortheFiskCompanyfor1998.Payattention,youneedtokeepthecalculationprocedureindetails.2、简单计算Calculatetheblanksin57Cash$50,000Currentliabilities

(4)Accountsreceivable50,000Long-termdebt

(5)Inventory

(1)Shareholders’equity

(6)Plantandequipment

(2)Totalassets

(3)Liabilitiesandequity

(7)Cash$50,000Currentliabiliti58Thefollowinginformationisalsoavailable:Quickratio=1.0timeWorkingcapitaltosalesratio=10%Totalassetsturnover=2timesSales=$2millionDebtratio=50%Thefollowinginformationisa59三、others—其它作业平时成绩占期末总成绩的10%三、others—其它作业601、IntroductiontoFinancialManagement(1)1.1FinancialManagementandFinancialManager1.2FinancialManagementDecision1.3Risk-ReturnTradeoff1、IntroductiontoFinancialMa611.1FinancialManagementFinancialmanagementisanintegrateddecision-makingprocessconcernedwithacquiring,financing,andmanagingassetstoaccomplishsomeoverallgoalwithinabusinessentity.1.1FinancialManagementFinanc621.1FinancialManagerVicepresidentoffinance

财务副总裁Chieffinancialofficer(CFO)

首席财务官Chiefexecutiveofficer(CEO)

首席执行官1.1FinancialManagerVicepres631.2FinancialManagementDecision1)Long-terminvestmentdecisions2)Long-termfinancingdecisions3)WorkingCapitalManagementDecisions1.2FinancialManagementDecis641.2.1InvestmentDecisionsLong-terminvestmentdecisionsinvolvedeterminingthetypeandamountofassetsthatthefirmwantstohold.1.2.1InvestmentDecisionsLong65Thefinancialmanagermakesinvestmentdecisionsaboutalltypesofassets–itemsontheleft-handsideofthebalancesheet.1.2.1InvestmentDecisionsThefinancialmanagermakesin66Inwhatlinesofbusinessshouldthefirmengage?Shouldthefirmacquireothercompanies?Whatsortsofproperty,plant,andequipmentshouldthefirmhold?1.2.1InvestmentDecisionsInwhatlinesofbusinessshou67Shouldthefirmmodernizeorsellanoldproductionfacility?Shouldthefirmintroduceamoreefficientdistributionsystemthanthecurrentone?1.2.1InvestmentDecisionsShouldthefirmmodernizeors68Theinvestmentprinciplestatesthatthefirmshouldinvestinassetsandprojectsyieldingareturngreaterthantheminimumacceptablehurdlerate.1.2.1InvestmentDecisionsTheinvestmentprinciplestate691.2.2FinancingDecisionsDoesthetypeoffinancingusedmakeadifference?Istheexistingcapitalstructuretherightone?Howandwhereshouldthefirmraisemoney?1.2.2FinancingDecisionsDoes701.2.2FinancingDecisionsShouldthefirmusefundsraisedthroughitsrevenues?Shouldthefirmraisemoneyfromoutsidethebusiness?Ifthefirmseeksexternalfinancing,shoulditbringinotherownersorborrowthemoney?1.2.2FinancingDecisionsShoul711.2.2FinancingDecisionsInternallygeneratedfundsrepresenttheamountofearningsthatthefirmdecidestoretainafterpayingacashdividend,ifany,toitsstockholders.1.2.2FinancingDecisionsInter721.2.2FinancingDecisionsForpubliclytradedfirms,afirmhastheoptionofreturningcashtoownerseitherthroughdividendsorstockrepurchases.1.2.2Financin