《财务管理》学习心得
经过几天《财务管理》的学习，陈玉菁教授真正的从非财务人员看财务管理的角度，为我们普及了财务知识。我觉得得到的最大的收货就是建立财务观念和如何读懂财务报表，并依据报表做出正确的管理决策，也使我对财务管理有了一个从浅到深的认识。现就我对近几天的学习心得体会做如下总结:
首先，通过学习，使我真正的认识到财务管理是企业管理的重要组成部分，财务管理不是财务一个部门的事，而是关系到企业的各个领域、各个环节。从某种意义上说，财务管理是企业可持续发展的一个关键。如：企业财务管理的合理性会促使企业加强管理和核算、改进技术、提高劳动生产率、降低成本，从而有利于资源的合理配置和经济效益的提高。从企业的长远发展来看，系统有效的财务管理是为了企业价值的最大化。
其次，我们知道了如何看企业的三张报表，即：“资产负债表”、“利润表”、“现金流量表”。资产负债表反映企业的“现在时”，即企业现在的健康状况如何；利润表反映企业的“过去时”，即企业过去“怎么样”；现金流量表透视企业的“将来时”，即企业将来“怎么样”。 通过财务报表分析，如何预警公司所面临的风险，公司的利润源在哪里。知道了在公司扩张或投资前，该如何运用好财务知识，减少公司的经营风险。陈教授还用了一些浅显的事例，让我们明白了资金周转率的重要性；应收帐款与存货上升等带来的企业盈利能力下降；为什么企业要适当借贷实现利润的最大化等等。对于大家以前所熟知的毛利低或“亏本”产品的产与停的问题，运用管理会计知识分析，这些亏损产品如果产生了边际贡献，尽管它是亏损的也必须继续生产，只有这样企业的盈利水平才会更高。管理会计不仅给企业提供了决策的科学方法，更主要的是通过决策使企业所拥有的有限资源得到合理的配置，发挥最大效率，来应对市场资源缺乏给企业带来的损失。
最后，通过学习让我们认识了货币的时间价值。一些看似不经意的变化，经过财务的计算，可能一算真得吓一跳。我在工作中遇到过在生产时是热火朝天，但实际上年底还亏本的例子，所以不管是工作还是生活，你不理财，财不理你这就是很好的例证。
结合公司实际，我深刻认识到了为了企业的协调发展和可持续增长，做好20##年部门财务预算的重要性。通过合理的预算，财务部可以正确预测公司将在未来何时需要现金，能够控制现金支出和收入的合理程度，避免不合理的现金支出，降低公司运营风险。
以上是我的在这几天学习的一点点心得，虽然在这短短几天可能不会学到太多的东西，但是却使我在今后的工作和生活中，能够掌握并树立财务管理观念就是我最大的收获了，也为我在后续财务管理的学习方面起到了引路和指导的作用。
第二篇：财务管理双语课程作业
福建农林大学 本科生课程作业封面
（ 序号：） （2010至2011学年度第二学期） 学院名称： 姓 名： 专 业： 班 级： 学 号： 课程名称： 财务管理 （双语） 授课老师： 张瑞琛
作业一：Chapter 2, P35, Q5
Book Values Versus Market Values Under standard accounting rules,it is possible for a company's liabilities to exceed its assets.When this occurs,the owner's equity is negative.Can this happen with market values?Why or why not?
作业二：Chapter 3, P71, Q1
Financial Ratio Analysis A financial ratio by itself tells us little about a company since financial ratios vary a great deal across industries.These are two basic methods for analyzing financial ratios for a company : time trend analysis and peer group analysis.Why might each of these analysis methods be useful?What does each tell you about the company's financial health?
作业三：Chapter 4, P103, Q3
Present Value Suppose two athletes sign 10-year contracts for $80 million.in one case,we're told that the $80 million will be paid in 10 equal installments.In the other case ,we're told that the $80 million will be paid in 10 installments, but
the installments will increase by 5 percent per year.Who got the better deal ?
作业四：Chapter 5, P135, Q17
Bond prices versus yields
a.What is the relationshipu between the price of a bond and its YTM?
b.Explain why some bonds sell at a premium over par value while other bonds sell at a discount.What do you know about the relationship between the coupon rate and the YTM for premium bonds ?What about for discount bonds ?For bonds selling at pat value?
c.What is the relationship between the current yield and YTM for premium bonds? For
discount bonds? For bonds selling at par value?
作业五：Chapter 6, P165, Q4
Form accounting ,we know that earnings are divided into two parts:dividends and retained earnings. Most firms continually retain earnings in order to create future dividends. One should not discount earnings to obtain price per share since part of earnings must be reinvested .
Only dividends reach the stockholders and only they should be discounted to obtain share price.
作业六：Chapter 7, P193,
Q4(add
“define
a)Payback period
b)Internal rate of return
c)Net present value”
Payback and internal rate of return A project
has perpetual cash flows of C per period, a cost of I,and a required rerurn of R. What is the relationship between the project's payback and its IRR? What implications does your answer have for long-lived projects with relatively constant cash flows?
作业七：Chapter8, P214, Q2
Incremental cash flows Which of the following should be treated as an incremental cash flow when computing the NPV of an investment ?
a. A reduction in the sales of a company's other products caused by the investment.
b. An expenditure on plant and equipment that has not yet been made and will be made only if the project is accepted.
c. Costs of research and development undertaken in connection with the product during the past three years.
d. Annual depreciation expense from the investment.
e. Dividend payments by the firm.
f. The resale value of plant and equipment at end of the project's life.
g. Salary and medical costs for production personnel who will be employed only if the project is accepted.
作业八：Chapter 8, The information of a project as following (i=10%) ,
Sales 7,000 Costs 2,000 Depreciation EBT Tax Net income OCF 0 Capital spending 10,000 0 Net Working Captial Incremental cash flow Please
a) Finish the table b) Calculate the NPV c) Calculate the IRR
d) Critically evaluate this project.
7,000 2,000 0
7,000 7,000 2,000 2,000 0 0
作业九：Chapter 9,
A company investment 1,500,000(＄) to a project in the first year, and the project can be
operated about 5 years. The revenue and the variable costs each year of the project as following (I=13%):
Revenue
Variable costs Fixed costs
2,783,000 1,742,400 850,000
3,600,000 2,100,000 800,000
4,387,500 2,386,800 750,000
Depreciation EBT Tax Net income OCF The company should accept the project?
作业十：Chapter 12, P310, Q6
作业十一：Chapter13, P340, Q10 作业十二：
作业十三：
Chapter 15, P394, Q4 Chapter 17, P448, Q3