financial management Archives

What Is Financial Management?

by Gy

Objectives of Financial Management In addition to these pillars financial managers support their businesses by assisting them in various ways, which include but are not just: Maximizing profits Give insight into the rising prices of raw materials that could increase the price of the goods that are sold. Liquidity and cash flow Make sure … Read more

Financial Management explained: Scope and Objectives

by Gy

Financial management, in business, is the process of managing a company’s finances in a manner that makes it profitable and conforms to regulations. This requires both a detailed plan and hands-on implementation. What is Financial Management? Financial management is at the core of financial planning. It involves creating a business strategy and then monitoring all … Read more