This presentation discusses the various approaches used for supporting financial decisions in financial management. It explores the knowledge-based approach and the formal and informal approach. It also covers techniques used in decision making, factors contributing to effective decision making, and the role of stakeholders. Additionally, it discusses setting objectives for achieving financial goals, ethical financial management, the role of management accountants and management accounting control systems, and techniques for fraud detection and prevention. The presentation concludes by emphasizing the importance of sound financial decisions in business.