Changing role of financial managers in Canada
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Changing role of financial managers in Canada by Carolyn R. Farquhar

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Published by The Conference Board of Canada in Ottawa .
Written in English


  • Finance, Personal -- Management -- Canada,
  • Competition -- Canada,
  • Banks and banking -- Canada.

Book details:

Edition Notes

Statementby Carolyn R. Farquhar, Kenneth D. Hart, and Roger Hubley.
SeriesReport -- 37-89, Conference Board of Canada report -- 37-89
ContributionsHubley, Roger, Hart, Kenneth D., Society of Management Accountants of Canada., Conference Board of Canada.
LC ClassificationsHF129 F37 1989
The Physical Object
Paginationix, 33 p. ;
Number of Pages33
ID Numbers
Open LibraryOL19453857M
ISBN 100887631282

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  Financial managers typically need a bachelor’s degree and 5 years or more of experience in another business or financial occupation, such as an accountant, securities sales agent, or financial analyst. Education. Financial managers typically need at least a bachelor's degree in finance, accounting, economics, or business -level education: Bachelor's degree. Key Takeaways Key Points. Financial managers perform data analysis and advise senior managers on profit -maximizing ideas. The role of the financial manager, particularly in business, is changing in response to technological advances that have significantly reduced the amount of time it takes to produce financial reports. TASK: Describe how the other key business functions (KBFs) depend on financial : Finance is about money, so each KBF needs to negotiate with Finance for their spending budget, and, of course, Marketing needs to interact with Finance regarding Price (Revenue = Quantity x Price). Following are the main functions of a Financial Manager: Raising of Funds. In order to meet the obligation of the business it is important to have enough cash and liquidity. A firm can raise funds by the way of equity and debt. It is the responsibility of a financial manager to decide the ratio between debt and equity.