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(PDF) Financial Management Assignment Sample

   

Added on  2021-01-02

7 Pages1510 Words460 Views
Finance
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FINANCIALMANAGEMENT
(PDF) Financial Management Assignment Sample_1

Table of ContentsINTRODUCTION...........................................................................................................................3Explain Financial management And explain nature and purpose of financial management:....3Explain role of management in meeting the stakeholders needs and justify the application ofagency theory..............................................................................................................................4CONCLUSION................................................................................................................................5REFERENCES................................................................................................................................6
(PDF) Financial Management Assignment Sample_2

INTRODUCTIONFinancial management helps in to earn profit, measuring the costs, and to control theinventories. It is required for the survival , growth and expansion of the business organization. Inthis report we discuss about financial management and its nature and purpose and explainrelationship between financial objective ,corporate objectives and corporate strategy and evaluatethe role of management in reference to stake holders .Explain Financial management And explain nature and purpose of financial management:Finance is an act which is provide in terms of money , in a company or any organizationfinance is requires for its survival. Financial management helps in to earn profit, measuring thecosts, and to control the inventories (Abanis and et.al., 2013). It is required for the survival ,growth and expansion of the business organization. Definition of “Financial management refersto a managerial decisions which is helps in acquisition and finance of long term and short termfinancing credits for the organization.”Nature of financial management :Financial management is an internal part of the management. It involves businessdecision , replacement of assets, production and marketing . So it is a wide conceptthroughout the management.Financial management mainly focuses on valuation of the firm. All the financial decisionmay help in increasing and optimize the value of the organization.It is importantly involves risk and return trade off. Higher the risk results is higher thereturn (Brigham and Houston, 2012).Financial management is also related with accounting, economics , operations researchmathematics etc.Purpose of financial management:Financial management helps in determining the financial requirement of the businessconcern an it takes the financial planning.It involves the acquisition of required finance to the business, and it source finance atminimum cost (Higgins, 2012).It improves the profitability of the business effectively and efficiently.And its main purpose is to allocation of funds.Relationship between financial objectives , corporate objectives
(PDF) Financial Management Assignment Sample_3

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