Financial Management Notes

financial management notes ROLE OF financial MANAGEMENT - financial management is one of the functions of management - monetary management is bushel with o Profits and handoutes of operations o ascertain all over cash o Ensuring appropriate cash ascend is obtainable o Chas management o Raising coin / absolute internal funds o Investment of funds o Cost control / pricing o prognostic / metre financial performance against expectations - Accounting is a subset of financial management. Financial transactions must be recorded, classified, stored 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 miniscule or no delay or loss of chief city o Solvency Refers to a business ability to stand its debts when due, and stick around a going concern o positiveness Refers to how useful the bus...If you want to get a full essay, do it on our website: BestEssayCheap.com

If you want to get a full essay, visit our page: cheap essay