CFAL1公司理财最权威讲义以及习题(Corporate Finance Kevin).pdf

文档介绍：‐ 25%
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   5%
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国际财经教育中国先行者
2
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占一级考试的比例
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Finance  
 
 
Statements  
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Finance  
Ethics  
Quant
Economics  
Corporate
Financial
Equity
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Derivatives
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Corporate  
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版权所有,未经许可不得用于商业用途
What’s Ahead?
• Capital Budgeting
• Cost of Capital
• Working Capital Management
• Financial Statement Analysis
• The Corporate Governance of panies
国际财经教育中国先行者融仕国际教育 FA网
Capital Budgeting (a)
Capital Budgeting Process is the process panies use for decision making on
capital projects-those projects with a life of a year or more.
AdministrativeAdministrative StepsSteps CategoriesCategories
1. Generating Ideas; . Replacement projects (1.
2. Analyzing Individual Proposal; maintain the business; 2. cost
3. Planning capital budget; reduction)
. Expansion projects;
4. Monitoring and Post-auditing 
. New products and Service;
. Regulatory, safety and
environmental projects;
. Other Projects;
国际财经教育中国先行者融仕国际教育 FA网
Capital Budgeting (b)
Basic principles of Capital Budgeting Process<b