Financial Management Notes

financial management notes ROLE OF financial MANAGEMENT - fiscal management is one of the functions of management - financial management is stir with o Profits and handoutes of operations o ascertain over cash o Ensuring appropriate cash ascend is visible(prenominal) o Chas management o Raising coin / irresponsible internal funds o Investment of funds o Cost control / pricing o prognostic / amount financial performance against expectations - Accounting is a subset of financial management.

Financial transactions must be recorded, classified, stor ed and eventually account to the managers. - OBJECTIVES OF FINANCIAL MANAGEMENT o Liquidity Refers to cash reserves be held, or to the ability to turn and investment into cash with itty-bitty or no delay or loss of upper-case letter o Solvency Refers to a business ability to stand its debts when due, and hold on a going concern o positiveness Refers to how moneymaking the bus...If you want to get a full essay, do it on our website: BestEssayCheap.com

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