Financial Management Self Reflection Report

Question: Write about theFinancial Managementfor Self Reflection Report. Answer: Introduction Group project involves is about the capital budgeting techniques that has been employed in calculation of net present value of funds committed for investment made in Vietnam. I have demonstrated certain reasons that are necessary for attracting foreign investors and capital flow. I have evaluated the financial viability of the project by analyzing the computed results and the given financial data. It has been observed by me after the completion of project that project will take long time in generating positive return in the business market of Vietnam. Information used by me for determining project viability has been accessed from several textbooks. The concept of capital budgeting employed depicting the return is the net present value, internal rate of return and payback period of project. It acted as a guidance to me and made the financial terms very precise and clear. I also researched about the country, where the project is to be undertaken. Information generated assisted me in forecasting whether this project would be beneficial. I have observed from analysis that the cash flow generated by project in the first year stands at $ 38080000. Company for acceptance of project in upcoming years requires this amount. After completion of this project work, I found myself to be well acquainted with few terms of capital budgeting. Earlier I found all these very complex and difficult to understand but after doing this project. I have been able to theoretically learning about sophisticated techniques of capital budgeting and employed it in project feasibility determination. I have also been able to establish association between financial performance of projects and techniques involved. Doing this project has also helped me in sharpening my skills for taking financial decisions. Bibliography: Black, G.L., 2015. Developing Teacher Candidates' Self-Efficacy Through Reflection and Supervising Teacher Support.in education,21(1), pp.78-98. Mori, M. and Tanno, Y., 2016. Self-reflection interacts with self-rumination predicting decentering.International Journal of Psychology,51, p.141.