- published: 15 May 2014
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Financial management refers to the efficient and effective management of money (funds) in such a manner as to accomplish the objectives of the organization. It is the specialized function directly associated with the top management. The significance of this function is not seen in the 'Line' but also in the capacity of 'Staff' in overall of a company. It has been defined differently by different experts in the field.
The term typically applies to an organization or company's financial strategy, while personal finance or financial life management refers to an individual's management strategy. It includes how to raise the capital and how to allocate capital, i.e. capital budgeting. Not only for long term budgeting, but also how to allocate the short term resources like current liabilities. It also deals with the dividend policies of the share holders.
Management in businesses and organizations is the function that coordinates the efforts of people to accomplish goals and objectives by using available resources efficiently and effectively.
Management includes planning, organizing, staffing, leading or directing, and controlling an organization to accomplish the goal or target. Resourcing encompasses the deployment and manipulation of human resources, financial resources, technological resources, and natural resources. Management is also an academic discipline, a social science whose objective is to study social organization.
The English verb "manage" comes from the Italian maneggiare (to handle, especially tools), which derives from the two Latin words manus (hand) and agere (to act).
The French word for housekeeping, ménagerie, derived from ménager ("to keep house"; compare ménage for "household"), also encompasses taking care of domestic animals. The French word mesnagement (or ménagement) influenced the semantic development of the English word management in the 17th and 18th centuries.
Working capital (abbreviated WC) is a financial metric which represents operating liquidity available to a business, organization or other entity, including governmental entity. Along with fixed assets such as plant and equipment, working capital is considered a part of operating capital. Gross working capital equals to current assets. Working capital is calculated as current assets minus current liabilities. If current assets are less than current liabilities, an entity has a working capital deficiency, also called a working capital deficit.
A company can be endowed with assets and profitability but short of liquidity if its assets cannot readily be converted into cash. Positive working capital is required to ensure that a firm is able to continue its operations and that it has sufficient funds to satisfy both maturing short-term debt and upcoming operational expenses. The management of working capital involves managing inventories, accounts receivable and payable, and cash.
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Financial Management A Complete Study If you enjoyed this content make sure to check the full course. Click on the following link to avail discount. https://www.udemy.com/financial-management-a-complete-study/?couponCode=YTB10A Finance Management A complete study Do you want to learn any topic in Accounting, Advanced Accounting, Financial Management, Costing, Accounting, Management Accounting, Accounting Standards, Financial Reporting, Strategic Financial Management, Statistics, Operations Research or any subjects in CA / CMA / CS / MBA (Finance), B.Com. BBA, M.Com, etc.? Contact me at nrajca@gmail.com to create exclusive video content or courses for you. Indepth Analysis through 300+ lectures and case studies for CA / CFA / CPA / CMA / MBA Finance Exams and Professionals --------------...
For the first time in INDIA, textbook in Economics, Accountancy & Business Studies with FREE Video Lectures by Eminent Authors/Subject Expert. To buy books visit www.goyal-books.com To view FREE Video Lectures visit www.goyalsOnline.com/commerce About the Book » Written strictly according to the latest syllabus prescribed by the CB.S.E., New Delhi. » Up-to-date study material provided by using the latest available data. » Elaborate explanation of the concepts. » Summary (Points to Remember) given at the end of each Chapter. » Numerical Problems from previous years' question papers incorporated and solved in the respective Chapters. » Methodology of solving typical numerical problems given wherever necessary. » Methodology of drawing typical diagrams given wherever necessary. » Comprehen...
Class 12 Business Studies Book-2, Chapter-9 Business Finance/Financial Management Overview + Financing decision Part 1 Watch other videos for remaining chapter. Contact : CA. Mayank Jain 9999047550 Your doubts, suggestions, reviews are all most welcome.
Textbook: "Financial Management" by Titman Keown Martin. Outline of the course: Intro to financial management, financial statements and financial statement analysis, time value of money, risk and return, CAPM, valuation, bonds, bond valuation, stocks, stock valuation,
Joe Knight, coauthor of the Financial Intelligence series, gives you a crash course in reading the numbers.
Project management finance just got easier! Watch this video from https://www.projectmanager.com/?utm_source=youtube.com&utm;_medium=social&utm;_campaign=4TopProjectFinancialManagementTips-ProjectManagementFinance and get 4 powerful, money-saving project financial management tips! Learn how to keep your project finances on track by identifying your fixed and variable costs, tracking the spend, implementing a financial plan, creating a budget and requesting your funds early. In just 4 minutes you'll discover how to manage your project management expenditure against your budget, thanks to this information-packed project finance video. Looking for a software tool to help you manage and control your project finances more effectively? Sign up for a free 30-day trial of ProjectManager.com now! ...
10 MONEY MANAGEMENT TIPS Last video: http://bit.ly/1fK2rSd Subscribe: http://bit.ly/1cEElXZ Click on SHOW MORE! Hey guys! Here are some quick tips to help you get your finances in order. First, try to understand your own financial situation... ARE YOU: - Trying to get out of debt - Living within a tight budget - Saving for something in particular THEN ASK YOURSELF: - Do I spend more than I earn? - What can I afford to spend? MY TOP TEN TIPS: 1. Understand your finances 2. Make a realistic budget 3. Don't borrow on credit 4. Pay off bills and debts first 5. If you want something then save for it 6. Don't buy things you don't need 7. Leave money aside for emergencies 8. Track what you're spending each day 9. Leave change or cards at home 10. My money plan example Hope this helps some o...
finance, financial management, Brigham, CFO, financial decision, corporate finance, business finance, financial economics, financial markets, financial institutions, financial institutions, financial instruments, securities, financial assets, financial system, money markets, capital markets, money-market instruments, capital-market instruments, banking, investments, portfolio management, portfolio theory, security analysis, behavioral finance, personal finance, public finance, proprietorship, partnership, corporation, retained earnings, dividends, profit maximization, wealth, shareholder wealth, market price, share price, value, fundamental value, intrinsic value, true value, discounted value, fundamental value, risk, true risk, perceived risk,
Financial Management A Complete Study If you enjoyed this content make sure to check the full course. Click on the following link to avail discount. https://www.udemy.com/financial-management-a-complete-study/?couponCode=YTB10A Finance Management A complete study Do you want to learn any topic in Accounting, Advanced Accounting, Financial Management, Costing, Accounting, Management Accounting, Accounting Standards, Financial Reporting, Strategic Financial Management, Statistics, Operations Research or any subjects in CA / CMA / CS / MBA (Finance), B.Com. BBA, M.Com, etc.? Contact me at nrajca@gmail.com to create exclusive video content or courses for you. Indepth Analysis through 300+ lectures and case studies for CA / CFA / CPA / CMA / MBA Finance Exams and Professionals --------------...
For the first time in INDIA, textbook in Economics, Accountancy & Business Studies with FREE Video Lectures by Eminent Authors/Subject Expert. To buy books visit www.goyal-books.com To view FREE Video Lectures visit www.goyalsOnline.com/commerce About the Book » Written strictly according to the latest syllabus prescribed by the CB.S.E., New Delhi. » Up-to-date study material provided by using the latest available data. » Elaborate explanation of the concepts. » Summary (Points to Remember) given at the end of each Chapter. » Numerical Problems from previous years' question papers incorporated and solved in the respective Chapters. » Methodology of solving typical numerical problems given wherever necessary. » Methodology of drawing typical diagrams given wherever necessary. » Comprehen...
Class 12 Business Studies Book-2, Chapter-9 Business Finance/Financial Management Overview + Financing decision Part 1 Watch other videos for remaining chapter. Contact : CA. Mayank Jain 9999047550 Your doubts, suggestions, reviews are all most welcome.
Textbook: "Financial Management" by Titman Keown Martin. Outline of the course: Intro to financial management, financial statements and financial statement analysis, time value of money, risk and return, CAPM, valuation, bonds, bond valuation, stocks, stock valuation,
Joe Knight, coauthor of the Financial Intelligence series, gives you a crash course in reading the numbers.
Project management finance just got easier! Watch this video from https://www.projectmanager.com/?utm_source=youtube.com&utm;_medium=social&utm;_campaign=4TopProjectFinancialManagementTips-ProjectManagementFinance and get 4 powerful, money-saving project financial management tips! Learn how to keep your project finances on track by identifying your fixed and variable costs, tracking the spend, implementing a financial plan, creating a budget and requesting your funds early. In just 4 minutes you'll discover how to manage your project management expenditure against your budget, thanks to this information-packed project finance video. Looking for a software tool to help you manage and control your project finances more effectively? Sign up for a free 30-day trial of ProjectManager.com now! ...
10 MONEY MANAGEMENT TIPS Last video: http://bit.ly/1fK2rSd Subscribe: http://bit.ly/1cEElXZ Click on SHOW MORE! Hey guys! Here are some quick tips to help you get your finances in order. First, try to understand your own financial situation... ARE YOU: - Trying to get out of debt - Living within a tight budget - Saving for something in particular THEN ASK YOURSELF: - Do I spend more than I earn? - What can I afford to spend? MY TOP TEN TIPS: 1. Understand your finances 2. Make a realistic budget 3. Don't borrow on credit 4. Pay off bills and debts first 5. If you want something then save for it 6. Don't buy things you don't need 7. Leave money aside for emergencies 8. Track what you're spending each day 9. Leave change or cards at home 10. My money plan example Hope this helps some o...
Financial Management and basic securities
eLearning and Online Education by Virtual University, MGT201, Financial Management, Introduction to financial management
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