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Informationen zum Autor JOHN J. HAMPTON is a professor of business at St. Peter's University, and former Executive Director of the Risk and Insurance Management Society (RIMS). A respected speaker, he regularly addresses professional audiences on technologies that comprise the cutting edge of risk management. Klappentext Managing financial risks comes down to understand ing how to reduce a complex business environment into workable concepts and models. The AMA Handbook of Financial Risk Management provides readers with the tools they need for dealing with the most important areas of financial decision making. Filled with strategies, principles, and measurement techniques, the book shows readers how to:Categorize financial risksReduce risks from cash flow and budget exposuresAnalyze operating risksUnderstand assessments or risk and returnManage risks in capital investment decisions Providing both explanations and practical applications, the book clarifies the factors that affect the value of a firm, considerations such as time and the proper use of debt, and risks inherent in the capital structure of the firm and the valuation of business combinations. This is a comprehensive guide that enables risk managers and anyone involved in the financial management of an organization to know what factors are at stake and how to protect their bottom line. Zusammenfassung In this indispensable book from the industry-leading American Management Association, financial expert John Hampton offers game-changing tips for dealing with the most important areas of financial decision-making. Filled with strategies, principles, and measurement techniques, The AMA Handbook of Financial Risk Management shows readers how to categorize financial risks, reduce risks from cash flow and budget exposures, analyze operating risks, understand the interrelationship of risk and return, manage risks in capital investment decisions, determine the value of common stock, and optimize debt in the capital structure. Engaging and detailed explanations and practical applications enable anyone involved in the financial management of an organization to recognize the factors at stake and the solutions that would produce the best organizational outcomes. Managing financial risk boils down to understanding how to reduce a complex business environment into workable concepts and models. This strategic guide shows you how to make these individual decisions with the big picture in mind. Inhaltsverzeichnis Contents Preface xi Introduction xv Part 1. Introduction to Financial Risk 1 Chapter 1. Categorizing Financial Risks 3 The Enterprise Risk Management Framework 3 Risk Categories 5 Financial Risk Management 14 Conclusion 16 Part 2. Accounting, Cash Flow, and Budget Exposures 17 Chapter 2. Risks from Financial Accounting 19 Overview of Accounting 19 Accounting Principles 19 Categories of Accounts 21 Trial Balance 24 Financial Statements 25 Conclusion 28 Chapter 2 Appendixes 28 Chapter 3. Managing Operating Cash Flows 33 The Cash Flow Statement 33 Cash Flow Exposures 37 Conclusion 40 Chapter 3 Appendixes 40 Chapter 4. Operating Budgets 53 Nature of Budgeting 53 Forecasting Revenues 54 Life-Cycle Stages in Budgeting 57 Risks in Revenue Forecasting 60 Expense Allocations 63 Accounting Budgets 66 Cash Budgeting 67 Details of Budgeting 70 Conclusion 72 Chapter 4 Appendixes 73 Part 3. Analyzing Operating Risks 85 Chapter 5. Profit Planning 87 Planning 87 Breakeven Analysis 89 Profit-Volume Analysis 92 ...
