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CHAPTER 1 |
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The Changing Role of the CFO: From Accounting to Accountability |
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SOx Act (Sarbanes-Oxley Act) of 2002 and the CFO |
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PART ONE |
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Funding |
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CHAPTER 2 |
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Capital Structure Decisions |
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Debt versus Equity |
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Concept of Leverage |
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Capital Structure and Financial Leverage |
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Financial Leverage and Risk |
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Capital Structure and Taxes |
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Capital Structure and Financial Distress |
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Cost of Capital |
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Agency Relationship |
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Optimal Capital Structure: Theory and Practice |
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A Capital Structure Prescription |
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Bottom Line |
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CHAPTER 3 |
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Types of Debt Finaning |
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General Features of Debt obligations |
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Term Loans |
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Syndicated Bank Loans |
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Notes and Bonds |
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Short-Term Financing |
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Off-Balance-Sheet Financing |
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Bottom Line |
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CHAPTER 4 |
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Equity Funding |
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Common Stock |
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Preferred Stock |
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Bottom Line |
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CHAPTER 5 |
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Structured Financing: Asset Securitization and Structured Notes |
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Asset Securitization |
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Structured Notes |
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Bottom Line |
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PART TWO |
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Strategy, Taxes, and Risk management |
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CHAPTER 6 |
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Strategy and Financial Planning |
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Strategy and Value |
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Financial Planning and Budgeting |
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Importance of Financial Planning |
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Budgeting Process |
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Sales Forecasting |
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Seasonal Considerations |
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Budgeting |
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Pro Forma Financial Statements |
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Long-Term Financial Planning |
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Financial Modeling |
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Performance Evaluation |
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Strategy and Value Creation |
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Bottom Line |
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CHAPTER 7 |
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Basics of Corporate Taxes and Tax Risk Management |
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Tax Management |
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Tax Risk |
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Thai Tax Law and Taxation of Corporation |
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Municipal and Local Tax |
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Bottom Line |
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CHAPTER 8 |
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Corporate Risk Management |
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Risk Defined |
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Enterprise Risk Management |
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Managing Risks |
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Risk Transfer |
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Bottom Line |
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PART THREE |
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Performance Evaluation |
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CHAPTER 9 |
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Financial Ratio Analysis |
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Ratios and Their Classification |
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Return-on-Investment Ratios |
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Liquidity |
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Profitability Ratios |
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Activity Ratios |
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Financial Leverage Ratios |
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Common-Size Analysis |
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Using Financial Ratio Analysis |
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Bottom Line |
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CHAPTER 10 |
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Cash Flow Analysis |
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Difficulties with Measuring Cash Flow |
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Cash Flows and the Statement of Cash Flows |
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Free Cash Flow |
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Calculating Free Cash Flow |
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Net Free Cash Flow |
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Usefulness of Cash Flows in Financial Analysis |
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Bottom Line |
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CHAPTER 11 |
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Decentralized Operations and Responsibility Accounting |
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Organization Structures and Concepts |
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Examples of Types of Organization Structure and Responsibility Reporting |
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Decentralization Problems |
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Responsibility Accounting |
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Controllable Costs |
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Costs of Service Departments |
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Executive Incentive Compensation Plans and Dysfunctional Decision Making |
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Bottom Line |
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CHAPTER 12 |
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Responsibility Center Performance Evaluation |
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Basis for Comparison |
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Cost Center Performance Evaluation |
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Profit Center Performance Evaluation |
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Profit Center Decision Making |
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Investment Center Performance Evaluation |
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Bottom Line |
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Appendix: Gross Profit Analysis |
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CHAPTER 13 |
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Transfer Pricing |
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Transfer Pricing Methods |
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Dual Transfer Pricing System |
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International Transfer Pricing |
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Bottom Line |
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PART FOUR |
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Asset Management |
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CHAPTER 14 |
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Capital Budgeting and Cash Flow Analysis |
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The Investment Problem |
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Capital Budgeting |
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Cash Flow from Investments |
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Bottom Line |
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CHAPTER 15 |
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Capital Budgeting Techniques |
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Evaluation Techniques |
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Net present Value |
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Profitability Index |
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Internal Rate of Return |
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Modified Internal Rate of Return |
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Payback Period |
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Discounted Payback Period |
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Issues in Capital Budgeting |
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Comparing Techniques |
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Capital Budgeting Techniques in Practice |
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Conflicts with Responsibility Center Performance Evaluation Measures |
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Capital Budgeting and the Justfication of New Technology |
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Bottom Line |
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CHAPTER 16 |
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Capital Budgeting and Risk |
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Project Risk |
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Measurement of Project Risk |
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Measurement a Project's Market Risk |
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Incorporating Risk in the Capital Budgeting Decision |
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Real Options |
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Certainty Equivalents |
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Assessment of Project Risk in Practice |
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Bottom Line |
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CHAPTER 17 |
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Leasing |
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How Leasing Works |
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Types of Equipment Leases |
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Full-Payout Leases versus Operating Leases |
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Reasons for Leasing |
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Types of Lessors |
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Lease Brokers and Financial Advisers |
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Lease Programs |
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Financial Reporting of Lease Transactions by Lessees |
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Leverage Lease Fundamentals |
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Corporate Income Tax Requirements for True Lease Transactions |
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Synthetic Leases |
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Value a Lease: The Lease or Borrow-to-Buy Decision |
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Bottom Line |
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CHAPTER 18 |
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Managing Short-Term Assets |
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Cash Management |
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Marketable Securities |
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Receivables Management |
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Inventory Management |
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Bottom Line |
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PART FIVE |
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Cost and Managerial Accounting |
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CHAPTER 19 |
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Classifying Cost |
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Elements of a Product |
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Relationship to Production |
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Relationship to Volume |
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Ability to Trace |
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Department Where Incurred |
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Functional Areas |
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Period Charge in Income |
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Relationship to Planning, Controlling, and Decision Making |
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Techniques for New Product Cost Estimation |
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Bottom Line |
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CHAPTER 20 |
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Costing and Control of Materials, Labor, and Factory Overhead |
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Materials (stores) |
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Labor |
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Factory Overhead Costs |
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Activity-Based Costing |
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Bottom Line |
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CHAPTER 21 |
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Job Order and Process Costing |
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Comparison of Job Order and Process Cost Accumulation Systems |
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Job Order Costing |
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Operation Costing |
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Project Costing |
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Process Costing |
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Backflush Costing |
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Bottom Line |
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CHAPTER 22 |
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Joint Product and By-Product Costing |
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Joint Products |
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By-Products |
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Effects of Joint Cost Allocation upon Decision Making |
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Bottom Line |
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CHAPTER 23 |
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Master Budget |
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Conventional Master Budget System |
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Budgeted Schedules |
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Budgeted Summaries |
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Bottom Line |
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CHAPTER 24 |
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Standard Costing |
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Actual, Normal, and Standard Costing |
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Uses of Standard Costs |
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Types of Standards |
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Establishment of standards |
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Just-in-Time Philosophy and Cost Accounting |
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Variance Analysis |
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Disposition of All Variances |
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Bottom Line |
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CHAPTER 25 |
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Direct and Absorption Costing |
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Meaning of Direct Costing |
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Direct Costing versus Absorption Costing |
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Advantages of Direct Costing |
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Disadvantages of Direct Costing |
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Adjusting Financial Statement for External Reports |
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Bottom Line |
