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In business, financial management is the practice of handling a company’s finances in a way that allows it to be successful and compliant with regulations. That takes both a high-level plan and boots-on-the-ground execution. What Is Financial Management?
Financial management refers to that part of the management activity, which is concerned with the planning, & controlling of a firm’s financial resources. It deals with finding out various sources for raising funds for the firm. Financial management is practiced by many corporate firms and can be called Corporation finance or Business Finance.
Finance management is the strategic planning and managing of an individual or organization’s finances to better align their financial status to their goals and objectives.
Financial management is the application of management principles to the management of a business's finances. It comprises three essential components, namely investment decisions, financing decisions, and dividends. It helps the firm maximize profit, liquidity, and earnings per share.
Financial management is the business function concerned with profitability, expenses, cash and credit. These are often grouped together under the rubric of maximizing the value of the firm for stockholders.
Financial management involves organizing, planning, monitoring, and also controlling a company’s, organization’s, or client’s financial resources. In the world of business, the aim is to help the company reach or achieve its goals and objectives.
Financial Management means planning, organizing, directing and controlling the financial activities such as procurement and utilization of funds of the enterprise. It means applying general management principles to financial resources of the enterprise. Investment decisions includes investment in fixed assets (called as capital budgeting).