Reference no: EM132188352

Read through the below post and provide any on of the following: APA format 300 Words.

. Ask a probing question, substantiated with additional background information, evidence or research.

· Share an insight from having read your colleagues' postings, synthesizing the information to provide new perspectives.

· Offer and support an alternative perspective using readings from the classroom or from your own research.

· Validate an idea with your own experience and additional research.

· Make a suggestion based on additional evidence drawn from readings or after synthesizing multiple postings.

Post

Q1

The content covered in managerial finance was the introduction to financial management concept, the financial statements, depreciation and cash flows, financial analysis, security valuation and financial.

The class covered also advanced financial management, and the contented covered was the cost of capital, risks and returns finance planning and forecasting for the organization and capital budgeting among others.

The contented covered in this class relate to financial acuity in the following ways. Financial acuity refers to accuracy and sharpness the manager ought to have while analysis financial statements.

The acuteness is essential in arrival at the best course of action for the organization. E.g., acuity is required while determining the replacement of old assets with a new one. It involves consideration of costs, the durability of the machine etc. the financial management is essential in contributing to managerial decisions.

The managers in organization face various projects and business alternatives to choose, and there they must arrive at an informed decision. E.g., investment in a project the organization will adopt the best discounting technique to determine the most viable projects to invest (Krylov, 2018). The projects with positive NPV and with PI of one are sustainable projects.

Q2

The skills gained from this course of financial management are; accounting skills, these are skills essential in analyzing various financial statements prepared by the organization.

These financial statements are income statements cash flows among other. To determine the organization profitably, liquidity levels etc.

Analytical skills this is skilled, which entails analyzing situations accurately. E.g. Forecasting about the prospect of the organization and analyzing various option in organizations, e.g. projects, replacements etc. finally, communication skills this skills is essential in delivering the content to the top management to the best course of action (Umurzakov, 2017). The skill is also critical for the presentation of the company's reports.

Q3

The new knowledge acquired I will apply it to the organization which I will be employed. I will use the knowledge to help the organization come up with the best criteria for evaluating the business, projects, and forecasting for the organization.

The knowledge I will apply it in the formulation of financial management strategies aimed at improving the organization performance and productivity.

References

Krylov, S. (2018). Target financial forecasting as an instrument to improve company financial health. Cogent Business & Management, 0(0).

Umurzakov, S. (2017). Business Process Management in Financial and Non-Financial Institutions: Payment Process Modelling in Financial Flows Management. International Journal of Management Science and Business Administration, 3(5), 50-5.