Innovations in Risk Management Futures contract a contract to buy or sell a stated commodity or financial claim at a specified price at some specified future time

Accounts receivable Management Size of Investment in Accounts Receivable Percent of credit sales to Total sales Level of sales Terms of sale Quality of customer Collection Efforts

Liquid asset management S CASH- motives for holding casha Transactions: to meet cash needs that arise from doing business. Precautionary: having cash on hand for unexpected needs Speculative: to take advantage of potential profit-making situations

• Meaning of Risk Management • Objectives of Risk Management • Steps in the RM Process • Benefits of Risk Management • Personal RM • Corporate RM – ERM （FMEA）

一、传统方法 二、总价值原则 三、市场缺陷的存在和激励问题 四、税收的影响 五、税和市场缺陷相结合 六、融资信号

一、经营杠杆 二、财务杠杆 三、总杠杆 四、履行债务的现金流量能力 五、其他分析方法 六、各种方法的结合

资本成本 是各种类型融资的预期报 酬率。综合资本成本是各单独的预 期报酬率（成本)的加权平均

一、报表查询 二、网络传送 三、报表打印

一、报表基础设置 二、报表数据处理

一、调用报表模板 二、修改报表模板 三、生成会计报表