short presentation on financial management
TRANSCRIPT
FINANCIAL MANAGEMENT
Financial management refers to that branch of Financial management refers to that branch of management which is concerned with the management which is concerned with the effective acquisition and use of money.effective acquisition and use of money.
Determination of fixed assets
Detrmination of current assets
Determination of various items of P&L A/c
Determination of proportion of long term and short term finance
Determination of proportion of various long term assets
Role of financial magement
OBJECTIVE OF FINANCIAL MANAGEMENTWealth maximisation -- Wealth maximisation means to
increase the capital invested by the shareholders.Shareholder’s Wealth = number of shares * market price per share
Financial planningIt refers to the preparation of financial blueprint of an
organisation’s future operations.
Process of financial planning
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