International FinancialManagement 10国际财务管理课件

合集下载

国际会计准则IAS_10英文版

IAS 10 International Accounting Standard 10Events after the Reporting PeriodThis version includes amendments resulting from IFRSs issued up to 17 January 2008.IAS 10 Events After the Ba la nce Sheet Da te was issued by the International Accounting Standards Committee in May 1999. It replaced those parts of IAS 10 Contingencies and Events Occurring After the Balance Sheet Date (originally issued June 1978, reformatted 1994) that were not replaced by IAS 37 (issued September 1998).In April 2001 the International Accounting Standards Board (IASB) resolved that all Standards and Interpretations issued under previous Constitutions continued to be applicable unless and until they were amended or withdrawn.In December 2003 the IASB issued a revised IAS 10 with a modified title—Events after the Balance Sheet Date.IAS 10 was amended by the following IFRSs:•IFRS5Non-Current Assets Held for Sale and Discontinued Operations (issued March 2004).•IAS1Presentation of Financial Statements (revised September 2007)As a result of the changes in terminology made by IAS 1 in 2007, the title of IAS 10 was changed to Events after the Reporting Period.The following Interpretation refers to IAS 10:•SIC-7 Introduction of the Euro (issued May 1998 and subsequently amended).© IASCF1035IAS 101036© IASCF C ONTENTSparagraphs INTRODUCTIONIN1–IN4INTERNATIONAL ACCOUNTING STANDARD 10EVENTS AFTER THE REPORTING PERIODOBJECTIVE1SCOPE2DEFINITIONS3–7RECOGNITION AND MEASUREMENT8–13Adjusting events after the reporting period8–9Non-adjusting events after the reporting period10–11Dividends12–13GOING CONCERN14–16DISCLOSURE17–22Date of authorisation for issue17–18Updating disclosure about conditions at the end of the reporting period19–20Non-adjusting events after the reporting period21–22EFFECTIVE DATE23WITHDRAWAL OF IAS 10 (REVISED 1999)24APPENDIXAmendments to other pronouncementsAPPROVAL OF IAS 10 BY THE BOARDBASIS FOR CONCLUSIONSIAS 10 International Accounting Standard 10 Events after the Reporting Period (IAS 10) is set out in paragraphs 1–24 and the Appendix. All the paragraphs have equal authority but retain the IASC format of the Standard when it was adopted by the IASB. IAS 10 should be read in the context of its objective and the Basis for Conclusions, the Prefa ce to Interna tiona l Fina ncia l Reporting Sta nda rds and the Fra mework for the Prepa ra tion a nd Presentation of Financial Statements. IAS 8 Accounting Policies, Changes in Accounting Estimates and Errors provides a basis for selecting and applying accounting policies in the absence of explicit guidance.© IASCF1037IAS 10IntroductionIN1International Accounting Standard 10 Events a fter the Reporting Period (IAS 10)* replaces IAS 10 Events After the Balance Sheet Date (revised in 1999) and should be applied for annual periods beginning on or after 1 January 2005. Earlier application is encouraged.Reasons for revising IAS 10IN2The International Accounting Standards Board developed this revised IAS 10 as part of its project on Improvements to International Accounting Standards.The project was undertaken in the light of queries and criticisms raised in relation to the Standards by securities regulators, professional accountants and other interested parties. The objectives of the project were to reduce or eliminate alternatives, redundancies and conflicts within the Standards, to deal with some convergence issues and to make other improvements.IN3For IAS 10 the Board’s main objective was a limited clarification of the accounting for dividends declared after the reporting period. The Board did not reconsider the fundamental approach to the accounting for events after the reporting period contained in IAS 10.The main changesIN4The main change from the previous version of IAS 10 was a limited clarification of paragraphs 12 and 13 (paragraphs 11 and 12 of the previous version of IAS 10).As revised, those paragraphs state that if an entity declares dividends after the reporting period, the entity shall not recognise those dividends as a liability at the end of the reporting period.*In September 2007 the IASB amended the title of IAS 10 from Events after the Balance Sheet Date to Events a fter the Reporting Period as a consequence of the revision of IAS 1 Presenta tion of Fina ncia l Statements in 2007.1038© IASCFIAS 10 International Accounting Standard 10Events after the Reporting PeriodObjective1The objective of this Standard is to prescribe:(a)when an entity should adjust its financial statements for events after thereporting period; and(b)the disclosures that an entity should give about the date when thefinancial statements were authorised for issue and about events after thereporting period.The Standard also requires that an entity should not prepare its financial statements on a going concern basis if events after the reporting period indicate that the going concern assumption is not appropriate.Scope2This Standard shall be applied in the accounting for, and disclosure of, events after the reporting period.Definitions3The following terms are used in this Standard with the meanings specified:Events after the reporting period are those events, favourable and unfavourable, that occur between the end of the reporting period and the date when the financial statements are authorised for issue. Two types of events can be identified:(a)those that provide evidence of conditions that existed at the end of thereporting period (adjusting events after the reporting period); and(b)those that are indicative of conditions that arose after the reporting period(non-adjusting events after the reporting period).4The process involved in authorising the financial statements for issue will vary depending upon the management structure, statutory requirements and procedures followed in preparing and finalising the financial statements.© IASCF1039IAS 105In some cases, an entity is required to submit its financial statements to its shareholders for approval after the financial statements have been issued. In such cases, the financial statements are authorised for issue on the date of issue, not the date when shareholders approve the financial statements.ExampleThe management of an entity completes draft financial statements for the yearto 31 December 20X1 on 28 February 20X2. On 18 March 20X2, the board ofdirectors reviews the financial statements and authorises them for issue.The entity announces its profit and selected other financial information on19March 20X2. The financial statements are made available to shareholdersand others on 1 April 20X2. The shareholders approve the financial statementsat their annual meeting on 15 May 20X2 and the approved financial statementsare then filed with a regulatory body on 17 May 20X2.The financial statements are authorised for issue on 18 March 20X2 (date of boardauthorisation for issue).6In some cases, the management of an entity is required to issue its financial statements to a supervisory board (made up solely of non-executives) for approval.In such cases, the financial statements are authorised for issue when the management authorises them for issue to the supervisory board.ExampleOn 18 March 20X2, the management of an entity authorises financialstatements for issue to its supervisory board. The supervisory board is made upsolely of non-executives and may include representatives of employees andother outside interests. The supervisory board approves the financialstatements on 26 March 20X2. The financial statements are made available toshareholders and others on 1 April 20X2. The shareholders approve thefinancial statements at their annual meeting on 15 May 20X2 and the financialstatements are then filed with a regulatory body on 17 May 20X2.The financial statements are authorised for issue on 18 March 20X2 (date of managementauthorisation for issue to the supervisory board).7Events after the reporting period include all events up to the date when the financial statements are authorised for issue, even if those events occur after the public announcement of profit or of other selected financial information.Recognition and measurementAdjusting events after the reporting period8An entity shall adjust the amounts recognised in its financial statements to reflect adjusting events after the reporting period.1040© IASCFIAS 10 9The following are examples of adjusting events after the reporting period that require an entity to adjust the amounts recognised in its financial statements, or to recognise items that were not previously recognised:(a)the settlement after the reporting period of a court case that confirms thatthe entity had a present obligation at the end of the reporting period.The entity adjusts any previously recognised provision related to this courtcase in accordance with IAS 37 Provisions, Contingent Liabilities and ContingentAssets or recognises a new provision. The entity does not merely disclose acontingent liability because the settlement provides additional evidencethat would be considered in accordance with paragraph 16 of IAS 37.(b)the receipt of information after the reporting period indicating that anasset was impaired at the end of the reporting period, or that the amountof a previously recognised impairment loss for that asset needs to beadjusted. For example:(i)the bankruptcy of a customer that occurs after the reporting periodusually confirms that a loss existed at the end of the reporting periodon a trade receivable and that the entity needs to adjust the carryingamount of the trade receivable; and(ii)the sale of inventories after the reporting period may give evidence about their net realisable value at the end of the reporting period.(c)the determination after the reporting period of the cost of assetspurchased, or the proceeds from assets sold, before the end of the reportingperiod.(d)the determination after the reporting period of the amount ofprofit-sharing or bonus payments, if the entity had a present legal orconstructive obligation at the end of the reporting period to make suchpayments as a result of events before that date (see IAS 19 Employee Benefits).(e)the discovery of fraud or errors that show that the financial statements areincorrect.Non-adjusting events after the reporting period10An entity shall not adjust the amounts recognised in its financial statements to reflect non-adjusting events after the reporting period.11An example of a non-adjusting event after the reporting period is a decline in market value of investments between the end of the reporting period and the date when the financial statements are authorised for issue. The decline in market value does not normally relate to the condition of the investments at the end of the reporting period, but reflects circumstances that have arisen subsequently.Therefore, an entity does not adjust the amounts recognised in its financial statements for the investments. Similarly, the entity does not update the amounts disclosed for the investments as at the end of the reporting period, although it may need to give additional disclosure under paragraph 21.© IASCF1041IAS 10Dividends12If an entity declares dividends to holders of equity instruments (as defined in IAS32 Financial Instruments: Presentation) after the reporting period, the entity shall not recognise those dividends as a liability at the end of the reporting period.13If dividends are declared (ie the dividends are appropriately authorised and no longer at the discretion of the entity) after the reporting period but before the financial statements are authorised for issue, the dividends are not recognised asa liability at the end of the reporting period because they do not meet the criteriaof a present obligation in IAS 37. Such dividends are disclosed in the notes in accordance with IAS 1 Presentation of Financial Statements.Going concern14An entity shall not prepare its financial statements on a going concern basis if management determines after the reporting period either that it intends to liquidate the entity or to cease trading, or that it has no realistic alternative but to do so.15Deterioration in operating results and financial position after the reporting period may indicate a need to consider whether the going concern assumption is still appropriate. If the going concern assumption is no longer appropriate, the effect is so pervasive that this Standard requires a fundamental change in the basis of accounting, rather than an adjustment to the amounts recognised within the original basis of accounting.16IAS 1 specifies required disclosures if:(a)the financial statements are not prepared on a going concern basis; or(b)management is aware of material uncertainties related to events orconditions that may cast significant doubt upon the entity’s ability tocontinue as a going concern. The events or conditions requiring disclosuremay arise after the reporting period.DisclosureDate of authorisation for issue17An entity shall disclose the date when the financial statements were authorised for issue and who gave that authorisation. If the entity’s owners or others have the power to amend the financial statements after issue, the entity shall disclose that fact.18It is important for users to know when the financial statements were authorised for issue, because the financial statements do not reflect events after this date. 1042© IASCFIAS 10 Updating disclosure about conditions at the end of thereporting period19If an entity receives information after the reporting period about conditions that existed at the end of the reporting period, it shall update disclosures that relate to those conditions, in the light of the new information.20In some cases, an entity needs to update the disclosures in its financial statements to reflect information received after the reporting period, even when the information does not affect the amounts that it recognises in its financial statements. One example of the need to update disclosures is when evidence becomes available after the reporting period about a contingent liability that existed at the end of the reporting period. In addition to considering whether it should recognise or change a provision under IAS 37, an entity updates its disclosures about the contingent liability in the light of that evidence.Non-adjusting events after the reporting period21If non-adjusting events after the reporting period are material, non-disclosure could influence the economic decisions that users mak e on the basis of the financial statements. Accordingly, an entity shall disclose the following for each material category of non-adjusting event after the reporting period:(a)the nature of the event; and(b)an estimate of its financial effect, or a statement that such an estimatecannot be made.22The following are examples of non-adjusting events after the reporting period that would generally result in disclosure:(a) a major business combination after the reporting period (IFRS 3 BusinessCombinations requires specific disclosures in such cases) or disposing of amajor subsidiary;(b)announcing a plan to discontinue an operation;(c)major purchases of assets, classification of assets as held for sale inaccordance with IFRS 5 Non-current Assets Held for Sa le a nd DiscontinuedOperations, other disposals of assets, or expropriation of major assets bygovernment;(d)the destruction of a major production plant by a fire after the reportingperiod;(e)announcing, or commencing the implementation of, a major restructuring(see IAS 37);(f)major ordinary share transactions and potential ordinary sharetransactions after the reporting period (IAS 33 Earnings per Share requires anentity to disclose a description of such transactions, other than when suchtransactions involve capitalisation or bonus issues, share splits or reverseshare splits all of which are required to be adjusted under IAS 33);© IASCF1043IAS 10(g)abnormally large changes after the reporting period in asset prices orforeign exchange rates;(h)changes in tax rates or tax laws enacted or announced after the reportingperiod that have a significant effect on current and deferred tax assets andliabilities (see IAS 12 Income Taxes);(i)entering into significant commitments or contingent liabilities, forexample, by issuing significant guarantees; and(j)commencing major litigation arising solely out of events that occurred after the reporting period.Effective date23An entity shall apply this Standard for annual periods beginning on or after 1January 2005. Earlier application is encouraged. If an entity applies this Standard for a period beginning before 1 January 2005, it shall disclose that fact.Withdrawal of IAS 10 (revised 1999)24This Standard supersedes IAS 10 Events After the Balance Sheet Date (revised in 1999). 1044© IASCFIAS 10 AppendixAmendments to other pronouncementsThe a mendments in this a ppendix sha ll be a pplied for a nnua l periods beginning on or a fter 1Janua ry2005. If an entity applies this Standard for an earlier period, these amendments shall be applied for that earlier period.* * * * *The a mendments conta ined in this a ppendix when this Sta nda rd wa s revised in 2003 ha ve been incorporated into the relevant IFRSs published in this volume.© IASCF1045IAS 10Approval of IAS 10 by the BoardInternational Accounting Standard 10 Events after the Balance Sheet Date was approved for issue by the fourteen members of the International Accounting Standards Board.Sir David Tweedie ChairmanThomas E Jones Vice-ChairmanMary E BarthHans-Georg BrunsAnthony T CopeRobert P GarnettGilbert GélardJames J LeisenringWarren J McGregorPatricia L O’MalleyHarry K SchmidJohn T SmithGeoffrey WhittingtonTatsumi Yamada1046© IASCFIAS 10 BC Basis for Conclusions onIAS 10 Events after the Reporting Period*This Basis for Conclusions accompanies, but is not part of, IAS 10.IntroductionBC1This Basis for Conclusions summarises the International Accounting Standards Board’s considerations in reaching its conclusions on revising IAS 10 Events After the Balance Sheet Date in 2003. Individual Board members gave greater weight to some factors than to others.BC2In July 2001 the Board announced that, as part of its initial agenda of technical projects, it would undertake a project to improve a number of Standards, including IAS 10. The project was undertaken in the light of queries and criticisms raised in relation to the Standards by securities regulators, professional accountants and other interested parties. The objectives of the Improvements project were to reduce or eliminate alternatives, redundancies and conflicts within Standards, to deal with some convergence issues and to make other improvements. In May 2002 the Board published its proposals in an Exposure Draft of Improvements to International Accounting Standards, with a comment deadline of 16 September 2002. The Board received over 160 comment letters on the Exposure Draft.BC3Because the Board’s intention was not to reconsider the fundamental approach to the accounting for events after the balance sheet date established by IAS 10, this Basis for Conclusions does not discuss requirements in IAS 10 that the Board has not reconsidered.Limited clarificationBC4For this limited clarification of IAS 10 the main change made is in paragraphs 12 and 13 (paragraphs 11 and 12 of the previous version of IAS 10). As revised, those paragraphs state that if dividends are declared after the balance sheet date,† an entity shall not recognise those dividends as a liability at the balance sheet date.This is because undeclared dividends do not meet the criteria of a present obligation in IAS 37 Provisions, Contingent Liabilities and Contingent Assets. The Board discussed whether or not an entity’s past practice of paying dividends could be considered a constructive obligation. The Board concluded that such practices do not give rise to a liability to pay dividends.*In September 2007 the IASB amended the title of IAS 10 from Events after the Balance Sheet Date to Events after the Reporting Period as a consequence of the amendments in IAS 1 Presentation of Financial Statements (as revised in 2007).†IAS1Presentation of Financial Statements (as revised in 2007) replaced the term ‘balance sheet date’with ‘end of the reporting period’.© IASCF1047。

国际财务管理(英文版)课后习题答案2

CHAPTER 1GLOBALIZATION AND THE MULTINATIONAL FIRMSUGGESTED ANSWERS TO END—OF-CHAPTER QUESTIONS QUESTIONS1 。

Why is it important to study international financial management？Answer: We are now living in a world where all the major economic functions, i.e.，consumption，production, and investment，are highly globalized. It is thus essential for financial managers to fully understand vital international dimensions of financial management. This global shift is in marked contrast to a situation that existed when the authors of this book were learning finance some twenty years ago. At that time, most professors customarily (and safely, to some extent) ignored international aspects of finance 。

This mode of operation has become untenable since then.2. How is international financial management different from domestic financial management？Answer ：There are three major dimensions that set apart international finance from domestic finance 。

英国大学金融专业课程详解、定位、就业

/英国大学金融专业课程详解、定位、就业国内大学关于金融专业的设置，更偏重宏观方向，以货币银行、国际金融等专业为主。

这和我国的历史情况有关，在过去的二十年里投资行为还没有大幅度兴起，因此银行作为主要的金融机构，自然成为研究的主要对象。

同时随时中国开放程度的加深，国际贸易得到了很大发展，因此国际金融的研究也很有必要。

国外关于金融专业的设置，是两方面都有。

一、以微观为主，也就是研究与公司个体有关的投资、融资等行为。

另一方面就是和国内类似的宏观金融的研究。

因此我们大部分的学生想要在金融这个领域走的更宽或更远，去英国留学选择金融专业绝对是明智的选择，但是金融专业覆盖范围非常广，分类极细，很多学子也经常在金融各细分专业中因为了解程度的原因，最后不能做出最适合自己的选择，以下为对英国大学金融专业的详细剖析，内容较多，请耐心看。

一、专业细分英国大学的金融专业按细分不同通常设置在商学院、经济学院或数学学院。

在参考专业排名时需要考虑会计与金融、经济、商学三个方向。

金融专业细分可分为：金融学、公司金融、金融与投资、国际金融、银行与金融、金融与管理、会计与金融、风险管理、房地产金融与投资、金融与经济、金融工程。

●细分1-----金融学：对金融各个细分领域的综合介绍。

下面以曼彻斯特大学为例来看下金融学专业的课程设置：第一学期必修课：/ IntroductoryResearchMethodsforAccountingandFinance;会计与金融学方法导论EssentialsofFinance;金融学精要DerivativeSecurities衍生证券选修一门：PortfolioInvestment证券投资InternationalMacroeconomicsandGlobalCapitalMarkets国际宏观经济学与全球资本市场FoundationsofFinanceTheory金融学基础第二学期FinancialEconometrics金融计量经济学AdvancedEmpiricalFinance高级实证金融学CorporateFinance;公司金融选修一门InternationalFinance国际金融FinancialStatementAnalysis财务报表分析RealOptionsinCorporateFinance公司金融中的实物期权MergersandAcquisitions:EconomicandFinancialAspects关于企业并购的经济金融思考Dissertation毕业论文●细分2-----公司金融：解决以公司财务、公司融资、公司治理为核心的公司治理结构方面的问题，综合运用各种形式的金融工具与方法，进行风险管理和财富创造。

财务管理系中英对照

财务管理系中英对照一、财务管理系介绍财务管理系是大学财务管理学科的重要组成部分，主要培养具备扎实的财务管理理论和实践技能的高级财务管理人才。

本文将介绍财务管理系相关的课程以及一些常用术语的中英对照。

二、财务管理系课程介绍及中英对照1.会计学（Accounting）：研究财务信息的获取、处理、分析和报告的学科。

2.财务管理（Financial Management）：研究如何优化资金的利用和配置，以实现经济目标。

3.财务分析（Financial Analysis）：通过对财务报表和其他金融数据的分析，评估企业的财务状况和经营绩效。

4.投资管理（Investment Management）：研究如何有效地投资和管理资产，以实现最大的回报。

5.资本市场理论（Capital Market Theory）：研究金融市场的运作规律，分析投资组合和资本定价等问题。

6.国际财务管理（International Financial Management）：研究跨国企业在全球经济环境下的财务决策和管理策略。

7.税务管理（Tax Management）：研究如何合法合规地进行税收规划和管理。

8.风险管理（Risk Management）：研究如何识别、评估和应对各种风险，保护企业的利益。

9.公司财务（Corporate Finance）：研究公司筹资、投资和分红等财务决策问题。

10.财务工程（Financial Engineering）：研究如何利用衍生工具和金融产品进行风险管理和创新。

三、常用财务管理术语中英对照1.资产（Assets）2.负债（Liabilities）3.所有者权益（Owner’s Equity）4.营业收入（Revenue）5.营业成本（Cost of Goods Sold）6.总成本（Total Cost）7.利润（Profit）8.货币资金（Cash）9.应收账款（Accounts Receivable）10.存货（Inventory）11.负债率（Debt Ratio）12.周转率（Turnover）13.偿债能力（Solvency）14.盈利能力（Profitability）15.现金流量（Cash Flow）16.投资回报率（Return on Investment）17.财务分析（Financial Analysis）18.财务报表（Financial Statements）19.利润表（Income Statement）20.资产负债表（Balance Sheet）以上仅为财务管理系课程和常用术语的一部分中英对照，财务管理是一个涉及众多概念和方法的学科，需要系统学习和实践运用才能掌握。

fap10国际标准

fap10国际标准
FAP10国际标准是指"Financial Accounting Practice 10"，是一种国际财务会计实践标准。

FAP10标准旨在规范企业在编制财务报表时所应遵循的会计原则和规定，以确保财务报表的准确性、可比性和透明度。

这一标准由国际会计准则委员会（IASB）制定和管理，旨在提高财务报表的质量，以便投资者、债权人和其他利益相关者能够更好地理解和评估企业的财务状况和业绩。

FAP10标准涵盖了许多方面，包括资产和负债的确认和计量、收入和费用的确认和计量、财务报表的编制和披露要求等。

这些标准的制定是为了确保企业在编制财务报表时能够遵循一致的会计原则，从而提高财务信息的可比性和可信度。

FAP10标准的实施有助于提高全球范围内企业的财务报表质量，促进国际间的贸易和投资活动。

FAP10标准的实施对于企业来说也具有重要意义。

遵循这一标准可以提高企业的财务报表透明度，增强投资者和其他利益相关者对企业的信任。

此外，FAP10标准的实施还有助于降低企业的财务风险，提高企业的融资能力和市场竞争力。

总的来说，FAP10国际标准作为一种财务会计实践标准，在全球范围内发挥着重要作用。

它不仅规范了企业在编制财务报表时的行为，还提高了财务报表的质量和可比性，为国际贸易和投资活动提供了可靠的财务信息基础。

同时，企业遵循FAP10标准也能够获得诸多好处，包括提升财务透明度、增强市场竞争力等。

因此，FAP10国际标准对于全球范围内的企业和利益相关者来说都具有重要意义。

mba财务管理参考题目方向

mba财务管理参考题目方向英文回答：1. Financial Statement Analysis.Vertical and horizontal analysis.Common-size financial statements.Trend analysis.DuPont analysis.Ratio analysis.2. Working Capital Management.Cash conversion cycle.Inventory management.Accounts receivable management. Accounts payable management.3. Capital Budgeting.Net present value (NPV)。

Internal rate of return (IRR)。

Payback period.Profitability index.4. Risk Management.Financial risk.Operational risk.Market risk.5. Investment Analysis.Bond valuation.Stock valuation.Portfolio management.6. Financial Planning and Forecasting. Financial planning process.Forecasting techniques.Sensitivity analysis.7. Management Accounting.Cost accounting.Budgeting.Performance measurement.Transfer pricing.8. Corporate Finance.Capital structure.Dividend policy.Mergers and acquisitions.9. Financial Ethics.Fiduciary duty.Conflicts of interest.insider trading.10. International Financial Management.Foreign exchange risk.Currency hedging.International investment.中文回答：1. 财务报表分析。

财务管理的英文怎么说

财务管理的英文怎么说简单的说，财务管理是组织企业财务活动，处理财务关系的一项经济管理工作。

那么你知道财务管理用英文怎么说吗?下面店铺为大家带来财务管理的英文说法和相关英语例句，供大家阅读学习。

财务管理的英文说法1：financial management英 [faɪˈnænʃ(ə)l ˈmænidʒmənt]美 [faɪˈnænʃ(ə)l ˈmænɪdʒmənt]财务管理的英文说法2：management through finance英 [ˈmænidʒmənt θru: faiˈnæns]美 [ˈmænɪdʒmənt θru fəˈnæns]财务管理相关英文表达：国际财务管理师 International Finance Manager财务管理系统 financial management system财务管理组织 financial management organization财务管理与分析 Financial Management and Analysis家庭财务管理系统 Family Financial Management财务管理英文说法例句：1. In running a company, strict financial management means everything.经营一家公司, 严格的财务管理是至关重要的.2. The company was skillfully financed.这个公司的财务管理得很得法.3. Financial controls were given to priority.他们把财务管理当成头等大事.4. It also provides the ERP solution for the financemanagement system.提出了ERP在财务管理系统的解决方案.5. Financial management is key in any company or enterprise.在任何公司和企业单位中财务管理是关键.6. The perfect foreign trade enterprise supplies the chain the financial control.完善外贸企业供应链的财务管理.7. My assignment of strategy Financial Management is due today.我的转让的战略财务管理,是今天上交.8. Corporate enterprise, there are three levels of financial management.公司制企业财务管理存在着三个层次.9. Bachelor degree or above, majored in accounting, finance management or other related.大学本科学历,会计专业、财务管理专业.10. Investment decision - making is a substantial portion of enterprise finance management.投资决策是企业财务管理中的一个重要部分.11. B 2 C e - commerce system, client relationship management system, financial system, Internet marketing system.B2C电子商务系统、客户关系管理系统、财务管理系统、网络营销系统.12. Financing is an eternal topic in business development and financial management.融资是企业经营发展和财务管理的永恒话题.13. At least 3 years experiences at department managerial level . 4.具有三年以上国际物流行业财务管理经验.14. Financial management is guided by a framework ofguidelines, limits and benchmarks.财务管理是遵循一个框架,指导方针, 限制和基准.15. Real estate finance and investment, Financial Management, Project finance, etc.房地产融资与投资(双语) 、财务管理(双语) 、项目融资等.。

[财务管理]《国际财务管理》-南方10级讲义第4章_OK

2021/8/18
16
4.2 国家风险及其管理
– 4.2.1国家风险 – 4.2.2国家风险度量与评估 – 4.2.3国家风险的防范与管理
2021/8/18
17
4.2.1国家风险
– 国家风险(country risk)是指东道国的商业环境发生不确定变化对国际企业经营产生负面影响的不确定性。
– 它是在评价投资环境、进行对外直接投资决策以及投资后管理要经常面临的问题。
2021/8/18
13
– 国际直接投资是与国际间接投资相对应的一种国际投资基本形式。二者的区别主要在于：
– （1）从投资资金到投资项目的阶段上看，直接投资是一步到位，即某项投资直接到生产领域，而间接投资是分步到位，即资金先到金融领域，再到生产领域。
– （2）从能否派生投资主体角度看，直接投资一经完成后，不产生新的投资主体，而间接投资可产生新的投资主体。
18%
2021/8/18
版权所有，不经允许，不得翻印
第四章国际投资管理
– 4.1 国际投资概述
• 4.1.1国际投资的类型 • 4.1.2国际投资的特点和发展趋势
– 4.2 国家风险及其管理
• 4.2.1国家风险 • 4.2.2国家风险度量与评估 • 4.2.3国家风险的防范与管理
– 4.3国际直接投资与资本预算
2021/8/18
版权所有，不经允许，不得翻印
8
开篇案例：中国投资公司海外投资资金规模扩大至900亿美元
• 英国金融时报2008年4月24日载文称，中国投资有限责任公司(CIC，以下简称中投)总经理兼首席投资官高西庆昨日（23日）在北京向西方银行家表示，中国 2000亿美元的主权财富基金目前拥有900亿美元资金，用于投资海外资产，较以往增逾30%。

国际财务管理（英文版）课后习题答案（整合版）

CHAPTER 1 GLOBALIZATION AND THE MULTINATIONAL FIRM SUGGESTED ANSWERS TO END-OF-CHAPTER QUESTIONSQUESTIONS1. Why is it important to study international financial managementAnswer: We are now living in a world where all the major economic functions i.e. consumptionproduction and investment are highly globalized. It is thus essential for financial managers to fullyunderstand vital international dimensions of financial management. This global shift is in markedcontrast to a situation that existed when the authors of this book were learning finance some twenty yearsago.At that time most professors customarily and safely to some extent ignored international aspectsof finance. This mode of operation has become untenable since then.2. How is international financial management different from domestic financial managementAnswer: There are three major dimensions that set apart international finance from domestic finance.They are: 1. foreign exchange and political risks 2. market imperfections and 3. expanded opportunity set.3. Discuss the three major trends that have prevailed in international business during the last two decades.Answer: The 1980s brought a rapid integration of international capital and financial markets. Impetus forglobalized financial markets initially came from the governments of major countries that had begun toderegulate their foreign exchange and capital markets. The economic integration and globalization thatbegan in the eighties is picking up speed in the 1990s via privatization. Privatization is the process bywhich a country divests itself of the ownership and operation of a business venture by turning it over tothe free market system. Lastly trade liberalization and economic integration continued to proceed at boththe regional and global levels.4. How is a country‟s economic well-being enhanced through free international trade in goods andservicesAnswer: According to David Ricardo with free international trade it is mutually beneficial for twocountries to each specialize in the production of the goods that it can produce relatively most efficientlyand then trade those goods. By doing so the two countries can increase their combined productionwhich allows both countries to consume more of both goods. This argument remains valid even if acountry can produce both goods more efficiently than the other country. International trade is not a …zero-sum‟ game in which one country benefits at the expense of another country. Rather international tradecould be an …increasing-sum‟ game at which all players become winners.5. What considerations might limit the extent to which the theory of comparative advantage is realisticAnswer: The theory of comparative advantage was originally advanced by the nineteenth centuryeconomist David Ricardo as an explanation for why nations trade with one another. The theory claimsthat economic well-being is enhanced if each country‟s citizens produce what they have a comparativeadvantage in producing relative to the citizens of other countries and then trade products. Underlying thetheory are the assumptions of free trade between nations and that the factors of production landbuildings labor technology and capital are relatively immobile. To the extent that these assumptions donot hold the theory of comparative advantage will not realistically describe international trade.6. What are multinational corporations MNCs and what economic roles do they playAnswer: A multinational corporation MNC can be defined as a business firm incorporated in onecountry that has production and sales operations in several other countries. Indeed some MNCs haveoperations in dozens of different countries. MNCs obtain financing from major money centers around theworld in many different currencies to finance their operations. Global operations force the treasurer‟soffice to establish international banking relationships to place short-term fundsin several currencydenominations and to effectively manage foreign exchange risk.7. Mr. Ross Perot a former Presidential candidate of the Reform Party which is a third political party inthe United States had strongly objected to the creation of the North American Trade AgreementNAFTA which nonetheless was inaugurated in 1994 for the fear of losing American jobs to Mexicowhere it is much cheaper to hire workers. What are the merits and demerits of Mr. Perot‟s position onNAFTA Considering the recent economic developments in North America how would you assess Mr.Perot‟s position on NAFTAAnswer: Since the inception of NAFTA many American companies indeed have invested heavily inMexico sometimes relocating production from the United States to Mexico. Although this might havetemporarily caused unemployment of some American workers they were eventually rehired by otherindustries often for higher wages. Currently the unemployment rate in the U.S. is quite low by historicalstandard. At the same time Mexico has been experiencing a major economic boom. It seems clear thatboth Mexico and the U.S. have benefited from NAFTA. Mr. Perot‟s concern appears to hav e been illfounded.8. In 1995 a working group of French chief executive officers was set up by the Confederation of FrenchIndustry CNPF and the French Association of Private Companies AFEP to study the French corporategovernance structure. The group reported the following among other things “The board of directorsshould not simply aim at maximizing share values as in the U.K. and the U.S. Rather its goal should be toserve the company whose interests should be clearly distinguished from those of its shareholdersemployees creditors suppliers and clients but still equated with their general common interest which isto safeguard the prosperity and continuity of the company”. Evaluate the above recommendation of theworking group.Answer: The recommendations of the French working group clearly show that shareholder wealthmaximization is not a universally accepted goal of corporate management especially outside the UnitedStates and possibly a few other Anglo-Saxon countries including the United Kingdom and Canada. Tosome extent this may reflect the fact that share ownership is not wide spread in most other countries. InFrance about 15 of households own shares.9. Emphasizing the importance of voluntary compliance as opposed to enforcement in the aftermath ofcorporate scandals e.g. Enron and WorldCom U.S. President George W. Bush stated that while tougherlaws might help “ultimately the ethics of American business depends on the conscience of America‟sbusiness leaders.” Describe your view on this statement.Answer: There can be different answers to this question. If business leaders always behave with a highethical standard many of the corporate scandals we have seen lately might not have happened. Since wecannot fully depend on the ethical behavior on the part of business leaders the society should protectitself by adopting therules/regulations and governance structure that would induce business leaders tobehave in the interest of the society at large.10. Suppose you are interested in investing in shares of Nokia Corporation of Finland which is a worldleader in wireless communication. But before you make investment decision you would like to learnabout the company. Visit the website of CNN Financial network and collectinformation about Nokia including the recent stock price history and analysts‟ views of the company.Discuss what you learn about the company. Also discuss how the instantaneous access to information viainternet would affect the nature and workings of financial markets.Answer: As students might have learned from visiting the website information is readily available evenfor foreign companies like Nokia. Ready access to international information helpsintegrate financialmarkets dismantling barriers to international investment and financing. Integration however may help afinancial shock in one market to be transmitted to other markets.MINI CASE: NIKE‟S DECISION Nike a U.S.-based company with a globally recognized brand name manufactures athletic shoes insuch Asian developing countries as China Indonesia and Vietnam using subcontractors and sells theproducts in the U.S. and foreign markets. The company has no production facilities in the United States.In each of those Asian countries where Nike has production facilities the rates of unemployment andunderemployment are quite high. The wage rate is very low in those countries by the U.S. standardhourly wage rate in the manufacturing sector is less than one dollar in each of those countries which iscompared with about 18 in the U.S. In addition workers in those countries often are operating in poorand unhealthy environments and their rights are not well protected. Understandably Asian host countriesare eager to attract foreign investments like Nike‟s to develop their economies and raise the livingstandards of th eir citizens. Recently however Nike came under a world-wide criticism for its practice ofhiring workers for such a low pay “next to nothing” in the words of critics and condoning poor workingconditions in host countries. Evaluate and discuss various …ethical‟ as well as economic ramifications of Nike‟s decision toinvest in those Asian countries.Suggested Solution to Nike‟s Decision Obviously Nike‟s investments in such Asian countries as China Indonesia and Vietnam weremotivated to take advantage of low labor costs in those countries. While Nike was criticized for the poorworking conditions for its workers the company has recognized the problem and has substantiallyimproved the working environments recently. Although Nike‟s workers get paid very low wages by theWestern standard they probably are making substantially more than their local compatriots who are eitherunder- or unemployed. While Nike‟s detractors may have valid points one should not ignore the fact thatthe company is making contributions to the economic welfare of those Asian countries by creating jobopportunities. CHAPTER 1A THEORY OF COMPARATIVE ADVANTAGE SUGGESTED SOLUTIONS TO APPENDIX PROBLEMSPROBLEMS1. Country C can produce seven pounds of food or four yards of textiles per unit of input. Compute theopportunity cost of producing food instead of textiles. Similarly compute the opportunity cost ofproducing textiles instead of food.Solution: The opportunity cost of producing food instead of textiles is one yard of textiles per 7/4 1.75pounds of food. A pound of food has an opportunity cost of4/7 .57 yards of textiles.2. Consider the no-trade input/output situation presented in the following table for Countries X and Y.Assuming that free trade is allowed develop a scenario that will benefit the citizens of both countries.INPUT/OUTPUT WITHOUT TRADE_________________________________________________________________ ______ Country X YTotal___________________________________________________________________ _____I. Units of Input000000_____________________________________________________Food 70 60Textiles 4030______________________________________________________________________ __II. Output per Unit of Inputlbs or yards____________________________________________________Food 17 5Textiles 52_______________________________________________________________________ _III. Total Outputlbs or yards000000____________________________________________________Food 1190 300 1490Textiles 200 60260_____________________________________________________________________ ___IV. Consumptionlbs or yards000000___________________________________________________Food 1190 300 1490Textiles 200 60260_____________________________________________________________________ ___Solution: Examination of the no-trade input/output table indicates that Country X has an absoluteadvantage in the production of food and textiles. Country X can “trade off” one unit of productionneeded to produce 17 pounds of food for five yards of textiles. Thus a yard of textiles has an opportunitycost of 17/5 3.40 pounds of food or a pound of food has an opportunity cost of 5/17 .29 yards oftextiles. Analogously Country Y has an opportunity cost of 5/2 2.50 pounds of food per yard oftextiles or 2/5 .40 yards of textiles per pound of food. In terms of opportunity cost it is clear thatCountry X is relatively more efficient in producing food and Country Y is relatively more efficient inproducing textiles. Thus Country X Y has a comparative advantage in producing food textile iscomparison to Country Y X. When there are no restrictions or impediments to free trade the economic-well being of thecitizens of both countries is enhanced through trade. Suppose that Country X shifts 20000000 unitsfrom the production of textiles to the production of food where it has a comparative advantage and thatCountry Y shifts 60000000 units from the production of food to the production of textiles where it has acomparative advantage. Total output will now be 90000000 x 17 1530000000 pounds of food and20000000 x 5 100000000 90000000 x 2 180000000 280000000 yards of textiles.Further suppose that Country X and Country Y agree on a price of 3.00 pounds of food for one yard oftextiles and that Country X sells Country Y 330000000 pounds of food for 110000000 yards of textiles.Under free trade the following table shows that the citizens of Country X Y have increased theirconsumption of food by 10000000 30000000 pounds and textiles by 10000000 10000000 yards.INPUT/OUTPUT WITH FREE TRADE_________________________________________________________________ _________ Country X YTotal___________________________________________________________________ _______I. Units of Input 000000_______________________________________________________Food 90 0Textiles 2090______________________________________________________________________ ____II. Output per Unit of Input lbs or yards______________________________________________________Food 17 5Textiles 52_______________________________________________________________________ ___III. Total Output lbs or yards 000000_____________________________________________________Food 1530 0 1530Textiles 100 180280_____________________________________________________________________ _____IV. Consumption lbs or yards 000000_____________________________________________________Food 1200 330 1530Textiles 210 70280_____________________________________________________________________ _____ CHAPTER 3 BALANCE OF PAYMENTS SUGGESTED ANSWERS AND SOLUTIONS TO END-OF-CHAPTER QUESTIONS AND PROBLEMSQUESTIONS1. Define the balance of payments.Answer: The balance of payments BOP can be defined as the statistical record of a country‟sinternational transactions over a certain period of time presented in the form of double-entry bookkeeping.2. Why would it be useful.。

国际结算教材

国际结算是国际贸易中重要的一环，涉及到不同国家和地区之间的货币支付和结算。

以下是一些建议的教材，这些教材可用于学习国际结算的基本概念和实践：1.《国际贸易与国际结算》（International Trade and International Payments）by PaulKrugman and Maurice Obstfeld:•该教材由两位著名经济学家编写，涵盖了国际贸易和国际结算的基本理论和实践。

它是一本全面介绍国际经济学的教材，也涉及到相关的货币和支付问题。

2.《国际商业与国际金融》（International Business: Environments and Operations）byJohn D. Daniels, Lee H. Radebaugh, and Daniel P. Sullivan:•这本书不仅涵盖了国际商业的方方面面，还包括了国际金融和货币问题，对于理解国际结算的背景和环境非常有帮助。

3.《国际贸易实务与国际结算》（International Trade Practice and Operations）by EmadM. El-Harkous:•该书强调国际贸易操作和实践，特别关注国际结算的具体问题和案例。

适合那些希望深入了解国际贸易操作和结算方面的读者。

4.《国际金融》（International Financial Management）by Jeff Madura:•尽管这本书主要关注国际金融管理，但它涉及到了国际结算的一些方面，特别是涉及到跨国公司在不同国家进行财务管理和结算的问题。

5.《国际贸易法与实务》（International Trade Law and Practice）by Raj Bhala:•这本书侧重于国际贸易法和实务，但也包括了与国际结算相关的法律和合同问题。

请注意，这只是一些建议，具体的教材选择可能根据你的学术水平、课程需求和学科偏好而有所不同。

IFMA国际财务管理师资格认证体系

IFM资格证书的优势
国际认证，国家承认，行业认可，企业认同
企业认同
世界500强，中国500强，大中型国企、私企、外企广泛认同
最终目标让股东价值最大化
认证目的
为有一定专业技能的雇员提供专业化的职业资格证书
担任角色
取得IFM资格证书的雇员具备了担任企业理财师与规划师的职业素质，在助推企业保值、增值方面所发挥的作用愈加突出。
11.5%
结
政府相关职能部门
10.6%
26
构
事业单位、院校、教育机构等
16.4%
财经、金融专业机构
9.8%
IFMA的专业服务能力
覆盖全国的特许机构服务网络与各大企业有着良好合作关系充足的IFM/SIFM学员数据库可信赖的行业资质遍布全国的客户群
IFMA的客户任职于
铁道部中国电信胜利油田首钢集团中国农业银行国资委国家开发银行广东发展银行北京银行南汽集团中国水利中国民航住总集团莲花味精中国农村信用社新疆石油管理局中国一汽建设银行中信实业银行中国平安燕山石化新奥集团中建公司克拉玛依油田中国网通光大银行中国工商银行中国人寿联想集团中国石油汇丰银行浦东发展银行民生银行
感谢您的关注

IFMA的前景
全国人大财经委副主任、原财政部副部长张佑才表示： “中国具有国际视野的高级财务管理人才缺口在30万以上”。
张部长说：“一个企业参与国际竞争，三分靠技术，七分靠财务”、从定位上看，SIFM完全等同于“国际化的总会计师”。
引用财政部财政科学所研究员卢侠巍博士的观点：“目前我国会计人员过剩，但高级财务管理人才缺口达80万以上”。保守估计，SIFM证书的市场空间应该有50万以上。

fap10国际标准 -回复

fap10国际标准-回复FAP 10 International Standard: A Comprehensive Guide to Financial Accounting and ReportingIntroduction:Financial Accounting and Reporting are crucial components of any business organization. Ensuring accurate and reliable financial statements is essential for making informed decisions, maintaining transparency, and building trust with stakeholders. The FAP 10 International Standard provides guidelines and principles to achieve these objectives.1. What is FAP 10 International Standard?The FAP 10 International Standard is a set of regulations and guidelines developed by the International Financial Reporting Standards Foundation (IFRS Foundation). It is designed to establish uniformity in financial accounting and reporting practices across the globe. It provides a framework for preparing financial statements and addresses various aspects of financial reporting, including recognition, measurement, presentation, and disclosure.2. Why is the FAP 10 International Standard important?The FAP 10 International Standard ensures that financial statements are prepared consistently, making them comparable and understandable for users. This comparability is critical for investors, creditors, and other stakeholders to assess the financial health and performance of businesses operating in different jurisdictions. Compliance with the standard also enhances the credibility and transparency of financial information, which is essential for gaining public trust and attracting investment.3. Key principles of FAP 10 International Standard:a. Accrual Basis: FAP 10 requires companies to prepare financial statements using the accrual basis of accounting, which recognizes revenues and expenses when they are earned or incurred. This principle ensures that financial statements reflect economic events accurately.b. Fair Presentation: Financial statements must present a true and fair view of an entity's financial position, performance, and cash flows. This principle requires companies to exercise judgment and make estimates to ensure the information is reliable and relevant.c. Substance over Form: FAP 10 emphasizes reporting thesubstance of transactions rather than merely their legal form. This principle prevents entities from manipulating financial statements to mislead users and ensures the economic reality of transactions is accurately portrayed.d. Materiality: Information is considered material if omitting or misstating it could influence user decisions. FAP 10 requires companies to disclose material information, providing users with a complete picture of the financial position and performance of the entity.e. Comparable Information: FAP 10 mandates consistent application of accounting policies to enhance comparability between financial statements over time and across different entities.4. Steps to Implement FAP 10 International Standard:a. Familiarize with FAP 10: Companies must understand the principles and requirements of FAP 10. This involves studying the standard and attending training programs or workshops to ensure a comprehensive understanding.b. Assess Current Practices: Evaluate existing accounting policies, procedures, and reporting practices to identify gaps and deviations from FAP 10. Develop an implementation plan to align the company's practices with the standard.c. Update Accounting Policies: Revise accounting policies to comply with FAP 10. This may involve changes in revenue recognition, expense measurement, asset valuation, and disclosure requirements.d. Enhance Internal Controls: Strengthen internal control systems to ensure accurate financial reporting. This includes segregation of duties, regular monitoring, and implementing mechanisms to detect and prevent fraud or error.e. Training and Communication: Conduct training sessions to educate employees on the changes introduced by FAP 10. Communicate the importance of compliance and its impact on the organization, encouraging buy-in from all stakeholders.f. Testing and Review: Perform comprehensive testing of the new accounting policies and reporting procedures to ensure accuracyand reliability. Regularly review the implemented practices and make necessary adjustments to ensure ongoing compliance with FAP 10.Conclusion:The FAP 10 International Standard serves as a cornerstone in achieving consistent, reliable, and transparent financial accounting and reporting practices globally. By implementing the standard's principles, companies can provide stakeholders with relevant and comparable financial information, giving them the confidence and information needed to make informed decisions. Compliance with FAP 10 is essential for businesses to succeed in a globalized economy and maintain the integrity of financial reporting.。

财务管理专业英语

PPT文档演模板
财务管理专业英语
1.2.2 Financing Decisions
o If the firm decides to raise funds externally, the financial manager can do so by incurring debts, such as through bank loans or the sale of bonds, or by selling ownership interests through a stock offering.
o 会计科目；账户
PPT文档演模板
财务管理专业英语
1）Account、Accounting & Accountant
o Accounting：会计、会计学 Financial Accounting and Managerial Accounting are two major specialized fields in Accounting. 财务会计和管理会计是会计的两个主要的专门领域。 Accounting elements 会计要素
PPT文档演模板
财务管理专业英语
三、others—其它
o 作业 o 平时成绩占期末总成绩的10%
PPT文档演模板
财务管理专业英语
1、Introduction to Financial Management (1)
1.1 Financial Management and Financial Manager
9. Capital Structure 资本结构
10. Dividend Policy 股利政策
11. Working Capital Management 营运资本管理

国际财务管理师(IFSIF)报考指南

国际财务管理师（IFM/SIFM）报考指南考试介绍国际财务管理协会（InternationalFinancialManagementAssoc iation，英文缩写IFMA）是一家专业从事财务管理理论和应用研究、推动财务管理全球化、研究和推广财务管理职业标准的全球性财经专业团体。

其前身国际管理会计师协会（InternationalManagement AccountantsAssociation）。

IFMA秉承的一贯宗旨，即：推动财务管理全球化，研究和推广全球适用的财务管理职业知识体系和认证标准，为各国培养现代企业管理所必需的财务管理、资本运作、企业决策、企业管理、专业理财、风险管理、投资决策等方面的中高级专业人才。

IFMA名誉主席为W.J.菲尔斯爵士，是国际著名投资家、社会活动家，现任国际狮子协会会长，美国北拉斯韦加斯州政府长官。

IFM A在美国设有IFM研究院（IFMInstitute，英文缩写IFMI），专业从事于国际财务管理知识体系和职业标准研究，现任院长兼首席科学家詹姆斯.柯曼教授，曾担任纽约大学风险管理系主任，终身教授，是世界著名的财务管理、企业风险管理和风险控制专家。

协会现任轮值主席JD西蒙.邓教授，拥有法学博士、经济学博士学位，是著名资本运作专家、信用管理专家和律师。

协会实行理事会领导下的国际联动发展模式，各国、各地分支机构执行IFMA的统一标准和规则，共同推动IFMA全球使命的达成。

伴随着工业产业经济在整个经济体系中所占的比例迅速下降，管理会计学在全球范围内走向衰落。

以企业财务管理为核心的财务管理科学逐渐走入广大雇主和财经从业者的视野。

经济结构的变化、资本市场的丰富使得财务管理相对于传统会计的独立性越来越强，对企业发展发挥的作用越来越大。

经济全球化、企业国际化和集团化发展使得跨越国界的投资、融资、兼并拆分活动成为一种普遍的现象和趋势。

国际财务管理协会（IFMA）在全球率先提出国际财务管理师这一全新的职业概念，并通过多年来在前沿国际财务管理理论知识和职业标准新领域的潜心研究，成功面向全球推出国际财务管理师（Internat ionalFinanceManager，英文缩写IFM）知识体系和职业标准体系。

国际金融市场参考文献

国际金融市场参考文献
关于国际金融市场的参考文献有很多，以下是一些常见的参考文献：
1. Madura, J. (2017). International Financial Management. Cengage Learning.
这本书是关于国际金融管理的经典教材，涵盖了国际金融市场的各个方面，包括汇率风险管理、国际投资组合、跨国公司的融资等内容。

2. Eiteman, D. K., Stonehill, A. I., & Moffett, M. H. (2016). Multinational Business Finance. Pearson.
这本书介绍了跨国企业的财务管理，包括国际金融市场的运作机制、汇率风险管理、国际资本预算等内容。

3. Levi, M. (2015). International Finance. Routledge.
这本书系统地介绍了国际金融市场的基本理论和实践，包括国
际货币体系、国际金融市场的结构和运作、国际投资组合等内容。

4. Pilbeam, K. (2013). International Finance. Palgrave Macmillan.
这本书涵盖了国际金融市场的各个方面，包括外汇市场、国际资本市场、国际金融机构等内容，适合对国际金融市场感兴趣的读者阅读。

以上这些参考文献都是关于国际金融市场的经典著作，它们涵盖了国际金融市场的各个方面，包括理论和实践，对于想要深入了解国际金融市场的读者来说都是很有价值的参考资料。

希望这些参考文献能够对你有所帮助。

第二章国际财务管理概述

原来的财务部门兼管集权式跨国财务管理集权式分权式结合集权与分权跨国财务管理母公司在a公司副总载分管财务财务经理子公司c在国的货币资金和应收账款管理子公司c存货管理子公司c存货管理子公司b在国的货币资金和应收账款管理图22集权式跨国财务管理模式返回母公司在a公司副总载分管财务财务经理子公司b存货管理子公司b在财务经理图23分权式跨国财务管理模式子公司c财务经理子公司b存货管理子公司b存货管理子公司b货币资金和应收账款管理子公司c货币资金和应收账款管理返回1
1996年，俄中关系发展迅速，签署了《俄中关于共同开展能源领域合作的协议》， “安大线”被列入其中，从而使得这一方案具有法律基础。按计划，从2005年这一线路初步建成到2030年这一期间预计“安大线” 将为中国提供总量达7亿吨、价值达1500亿美元的石油。届时，俄罗斯每年出口到中国的石油量将增加20倍，由 150万吨扩大到3000 万吨，并且彻底改变原油出口中国全靠火车运输的局面。
（二）外汇风险
是由于汇率发生变动而对企业财务收支和成果发生影响的风险。
2000-2010各年10.20日1美元兑换人民币
9 8 7 6 5 4 3 2 1 0 1998 2000 2002 2004 2006 2008 2010 2012
（三）国外经营风险
企业对外国销售产品，在国外投资办企业，如果有关国家经济不景气，市场购买力下降，就会影响企业的收入和效益。
国际财务管理：是指对企业的国际财务活动所进行的管理。就是说，国际财务管理的对象就是企业的国际财务活动。
请判断哪些属于国际财务活动？
（Ｂ国） (7) （Ａ国） (9) 证券投资者公司发起人（投资者） (1) （15）税务机关（18）证券筹资者（发行者）银行甲公司（母公司）（ 8）（10） (5) 其他企业单位 (6) 税务机关（12）（14）银行（17）证券投资者（16）证券筹资者甲公司的子公司 (11) （13） (3) (2) 银行企业