Introduction to Financial Management: Budgets, Finance Function, and Financial Statements

Introduction to Financial
Management

Contents
INTRODUCTION...........................................................................................................................1
MAIN BODY...................................................................................................................................1
1.Define budget and how it is used in planning, control and decision making...........................1
2.Discuss the finance function and its relationship with three other functions within the
organisation such as Marketing, Production and Human Resources...........................................2
3.Discuss the utilisation of financial statements by relevant stakeholders such as owner,
manager or external users............................................................................................................3
CONCLUSION ...............................................................................................................................5
REFERENCES................................................................................................................................6