Financial Management: Approaches, Principles, and Importance

Financial Management

Table of Content
• Introduction
• Applications of different formal and informal approaches
• Analyze formal or informal approach of decision making
• Critically evaluate the use of formal or informal approach
• Identify key financial management principles
• Critically evaluate key financial principles
• Critically evaluated the importance of financial management

• Role of management accountant
• Use of accounting control systems
• Critically evaluate the role of management accountant
• Conclusion
• References
Table of Content

Financial management is process of formulating
organizational activities and it includes
planning, monitoring, controlling, organizing
etc. It also helps in contributing in organizations
for utilization of funds where they implement
general management principles to manage their
financial resources of the company.
INTRODUCTION