What is financial management?

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Question Posted / nandu

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What is financial management?..

Answer / shilpi.anu

Financial management is the mgmt of cash and deals with
planning, budgeting and decision making of funds.

There is three main decisions in FM:
1. Dividend decision
2. Retained earning decision
3. Investment Decision

Is This Answer Correct ?

12 Yes

2 No

What is financial management?..

Answer / janardhan.

finacial management is deals with procurement of funds and
utilization of effectiveness.

Is This Answer Correct ?

6 Yes

1 No

What is financial management?..

Answer / babai

The term ‘financial management’ has a number of meanings
including the administration and maintenance of financial
assets. The process of financial management may also
include identifying and trying to work around the various
risks to which a particular project may be exposed.

Some experts refer to financial management as the science
of money management – the primary usage of the term being
in the world of financing business activities. However, the
process of financial management is important at all levels
of human existence, because every entity needs to look
after its finances.

From an organizational standpoint, the process of financial
management is the process associated with financial
planning and financial control. Financial planning seeks to
quantify various financial resources available and plan the
size and timing of expenditures.

Is This Answer Correct ?

5 Yes

1 No

What is financial management?..

Answer / narendra vakare

finance is an art and service of managing money.
there are two area of finance.
1. financial management/corporate finance/managerial finance
2. financial services

financial management is concerned with the procurement of
funds i.e. what are the sources from where funds can be
generated & their effective utilization of funds .
simply financial management is focused on mananging money
& it is the duty of financial manager.

Is This Answer Correct ?

4 Yes

0 No

What is financial management?..

Answer / jagadeesh

Financial management deals with procurement of funds and
their effective utilization in the business.

Is This Answer Correct ?

3 Yes

0 No

What is financial management?..

Answer / shoukatali

Financial management seeks to plan for the future such that
a personal or business entity has a positive flow of cash.

The term ‘financial management’ has a number of meanings
including the administration and maintenance of financial
assets. The process of financial management may also
include identifying and trying to work around the various
risks to which a particular project may be exposed.

Some experts refer to financial management as the science
of money management – the primary usage of the term being
in the world of financing business activities. However, the
process of financial management is important at all levels
of human existence, because every entity needs to look
after its finances.

From an organizational standpoint, the process of financial
management is the process associated with financial
planning and financial control. Financial planning seeks to
quantify various financial resources available and plan the
size and timing of expenditures

In the business world, this means closely monitoring cash
flow. The inflow is the amount of money coming into a
particular company, while outflow is the record of the
expenditure being made by the company in various sources

At the corporate level, the main aim of the process of
business organization is to achieve the various goals a
company sets at a given point of time. Businesses also seek
to generate substantial amounts of profits with the help of
a particular set of financial processes.