Scope of financial management includes a variety of activities, functions, responsibilities aimed at managing organisational resources effectiely.
Financial management develops financial plans that aligns with the organisational objectives.
Financial Planning
Financial Planning
This proces includes forecasting future financial needs and goals, and creating budgets to allocate resources efficiently.
Financial Planning
Financial Planning
Financial management is used for evaluating investment opportunities and allocating capital to projects that offer the highest returns and align with organizational objectives.
Capital budgeting
Capital budgeting
International business is the activity of trading goods, services, technology, investment, capital or knowledge transfer across national borders at a global scale.
Capital Structure Management
Capital Structure Management
Financial management oversee the short-term assets and liabilities to ensure that organisation maintains sufficient liquidity to meet its operational needs.
Working Capital Management
Working Capital Management
Financial management identifies, assess, and reducies various financial risks that could impact the organizational profitability and financial stability.
Financial Risk Management
Financial Risk Management
Financial managers prepares accurate and timely financial statements, including income statements, balance sheets, and cash flow statements.
Financial Reporting and Analysis
Financial Reporting and Analysis
Financial managers makes strategic decisions related to mergers and acquisitions, divestitures, restructuring, and other business finance activities.