Financial Management of Brokerages
Financial management is the big-picture enterprise of which record-keeping is one significant activity. Overseeing the assets, liabilities, capital structure, income and expenses of the brokerage to support its profitability is the function of financial management. In order to produce the “numbers” that add up to success, managers must possess the skills to orchestrate all the elements that contribute to the financial picture.
By the end of this course you will be able to:
- Describe the main activities that comprise the financial management cycle
- Describe the concepts involved in managing incomes and expenses
- Explain tax factors regarding employee compensation and equipment leasing
- Explain how to measure brokerage performance through financial analysis
Included as part of the ILScorp Chad CE Subscription.
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