Finance Management

Financial management refers to the efficient and effective management of money (funds) in such a manner as to accomplish the objectives of the organization. It is the specialized function directly associated with the top management. The significance of this function is not seen in the 'Line' but also in the capacity of 'Staff' in overall of a company. It has been defined differently by different experts in the field.

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Key features of Finance Management

  •  Estimating Financial Requirements 
  •  Deciding Capital Structure
  •  Selecting a Source of Finance
  •  Selecting a Pattern of Investment
  •  Proper Cash Management
  •  Implementing Financial Controls
  •  Proper Use of Surpluses