Transcription of INTRODUCTION TO FINANCIAL MANAGEMENT
{{id}} {{{paragraph}}}
Example: confidence
INTRODUCTION TO FINANCIAL MANAGEMENT
INTRODUCTION TO FINANCIAL MANAGEMENTUNIT-1 MEANING OF FINANCIAL MANAGEMENT Financemaybedefinedastheartandscienceofm anagingmoney. Itincludesfinancialserviceandfinancialin struments. OF FINANCIAL MANAGEMENT Thetermfinancialmanagementhasbeendefined bySolomon, Itisconcernedwiththeefficientuseofanimpo rtanteconomicresourcenamely,capitalfunds . FinancialManagementdealswithprocuremento ffundsandtheireffectiveutilizationintheb usiness . Weston and Brigham : FINANCIAL MANAGEMENT is an area of FINANCIAL decision-making, harmonizing individual motives and enterprise goals . FINANCIAL MANAGEMENT IS CONCERNED WITH Financing Decisions Investment Decisions Dividend decisionsSCOPE OF FINANCIAL MANAGEMENT ,microandmacroenvironmentalfactorsareclo selyassociatedwiththefunctionsoffinancia lmanager.
approaches. Investment decisions, micro and macro environmental factors are closely associated with the functions of financial manager. • 2. Financial Management and Accounting: Accounting records includes the financial information of the business concern. Hence, we can easily understand the relationship between the financial management and ...
Loading..
Tags:
Information
Domain:
Source:
Link to this page:
Please notify us if you found a problem with this document: