Basic Concepts In Budgeting

Level Two DoD FM Certification Requirements

Initial Certification Requirements FM CompetenciesFinancial Management Systems 3 8 Decision Support 3 8 Accounting Analysis OR Financial Management Analysis 3 10 Budget Formulation, Justification and Presentation OR Budget Execution 3 10 Concepts, Policies and Principles of Primary Track 3 10

  Concept

Stephen A. Ross, Randolph W. Westerfield, Jeffrey Jaffe

Study notes By Zhipeng Yan Chapter 1 Introduction to Corporate Finance 1. Balance-sheet model of the firm: I. left-hand side of the sheet: in what long-lived assets should the firm invest? – capital budget. II. Right-hand side: how can the firm raise cash for required capital expenditures? – capital structure. III.