Elements of financial management, Financial Management

Elements of Financial Management:

Financial management is the term given to the overall management of an organisation's finances. It includes a number of elements, or systems, that when combined create a financial management framework.

The basic elements of a financial management framework are:

  • Accounting systems
  • Budgeting and budgetary control systems; and
  • Financial evaluation systems

 

 

 

Posted Date: 10/1/2012 3:54:52 AM | Location : United States







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