Page 7 - Modul CA - Manajemen Keuangan Lanjutan (Plus Soal)
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MANAJEMEN
            KEUANGAN LANJUTAN





            BAB V
            KESULITAN KEUANGAN (FINANCIAL DISTRESS) ...............................................................................  29
               5.1  Apakah Financial Distress?...............................................................................................................................  30
               5.2   Apa yang Terjadi Ketika Perusahaan Mengalami Financial Distress? .....................................................  30
               5.3   Kebangkrutan, Likuidasi, dan Reorganisasi..................................................................................................  31
               5.4  Likuidasi ..............................................................................................................................................................  31
               5.5   Reorganisasi ....................................................................................................................................................   32
               5.6   Mana yang Lebih Baik: Private Workout atau Kepailitan? ........................................................................  32
               5.7   Prepackaged Bankruptcy ...................................................................................................................................  33
               5.8   Prediksi Kebangkrutan Perusahaan & Model Z-Score ...............................................................................  34

            BAB VI
            MANAJEMEN  TRESURI DAN MODAL KERJA ....................................................................................  35
               6.1   Menelusuri Kas dan Modal Kerja Bersih .....................................................................................................  36
               6.2   Operating Cycle dan Cash Cycle ......................................................................................................................  36
               6.3   Beberapa Aspek Kebijakan Keuangan Jangka Pendek ................................................................................  37
               6.4   Rencana Keuangan Jangka Pendek ................................................................................................................  39
               6.5   Investasi Idle Cash .........................................................................................................................................   40
               6.6   Penentuan Target Saldo Kas ............................................................................................................................  41
               6.7   Pengelolaan Piutang Dagang ...........................................................................................................................  44
                               DOKUMEN
               6.8   Kebijakan Kredit (credit policy) ......................................................................................................................  45
               6.9   Kebijakan Penagihan .....................................................................................................................................   45
               6.10  Manajemen Persediaan .....................................................................................................................................  46
               6.11  Teknik Pengelolaan Persediaan .......................................................................................................................  45
                                                     IAI
            BAB VII
            OPSI  DAN MANAJEMEN  KEUANGAN ................................................................................................  49
               7.1   Opsi (option) ......................................................................................................................................................  50
               7.2   Transaksi Opsi ...................................................................................................................................................  50
               7.3   Komponen Harga Opsi ....................................................................................................................................  51
               7.4   Gabungan Opsi ..................................................................................................................................................  51
               7.5   Faktor-faktor yang Mempengaruhi Harga Opsi (option premium) .........................................................   52
               7.6   Rumusan Harga Opsi .......................................................................................................................................  53
               7.7   Saham dan Utang sebagai Opsi ......................................................................................................................  54
               7.8   Aplikasi Opsi pada Keputusan Perusahaan ..................................................................................................  55
               7.9   Investasi dalam Proyek Riil dan Opsi .........................................................................................................   56
               7.10  Executive Stock Options ....................................................................................................................................  57
               7.11  Menilai Perusahaan yang Baru Berdiri .........................................................................................................  57
               7.12  Analisis Lanjutan Model Binomial ..............................................................................................................   57
               7.13  Keputusan Untuk Menghentikan dan Melanjutkan Kembali ....................................................................  58

            BAB VIII
            WARRANTS DAN CONVERTIBLES .......................................................................................................  59
               8.1   Warrants ..............................................................................................................................................................  60
               8.2   Perbedaan antara Warrants dan Call Options ..............................................................................................  60
               8.3  Penilaian Warrants dan Model Black-Scholes ...............................................................................................  61
               8.4   Obligasi Konversi (convertible bonds) ............................................................................................................  61
               8.5   Nilai Obligasi Konversi .................................................................................................................................   62
               8.6   Alasan Menerbitkan Warrants dan Convertibles..........................................................................................  63
               8.7   Mengapa Perusahaan Menerbitkan Warrants dan Convertibles? ..............................................................  64
               8.8   Kebijakan Konversi............................................................................................................................................  65




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