Aim of finance function, Financial Management

AIM OF FINANCE FUNCTION

The fundamental aims of a modern finance function are:

  • Acquiring enough funds when required at lower cost.
  • Proper use of funds in projects with highest return and lowest risk.
  • Maximizing the concern's value.
  • Increasing profitability
Posted Date: 10/15/2012 8:41:32 AM | Location : United States







Related Discussions:- Aim of finance function, Assignment Help, Ask Question on Aim of finance function, Get Answer, Expert's Help, Aim of finance function Discussions

Write discussion on Aim of finance function
Your posts are moderated
Related Questions
Net Income approach says that a raise in the proportion of debt financing in capital structure results in an increase in the proportion of a cheaper source of funds. This in turn r

What do you understand by financial viability of the organization? 2 : Define Following accounting and financial terms: Asset Liability Equity Income Expense

It is the third-largest stock exchange by trading size in the United States. In 2008 it was get hold by the NYSE Euronext and turn into the NYSE Amex Equities in 2009. The AMEX is

Default risk is the risk that arises when the issuer is not able to satisfy the terms and conditions of the obligation with respect to timely pa

1. Review and analyse financial data for the last year to establish areas which have generated a profit or loss in your organisation. 2. Conduct a research to review reasons for

Determine the Amount of financing required   The last factor determining company's cost of funds is the amount of financing required, where cost of capital increases as the fin

Step by step approach to completing a statement of cash flows Step by step approach to completing a statement of cash flows Step 1

The director of capital budgeting for a firm has recognized two mutually exclusive projects, A and B, with the following expected net cash flows:

Management Accounting: Management accounting on the other hand tends to focus internally. Reports generated through management accounting processes will be used by the organisa

Wing Yin Tsui, CEO of Lian Huang & Wong Bin Dean Hwang Manufacturing Limited is considering a four year project. The project requires an initial investment of $10,000,000 to buy ne