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

Related Discussions:- Elements of financial management, Assignment Help, Ask Question on Elements of financial management, Get Answer, Expert's Help, Elements of financial management Discussions

Write discussion on Elements of financial management
Your posts are moderated
Related Questions
1. The Gulf had sales of  AED 20,000,000 and cost of goods sold of  AED 10,250,000. Selling and administrative expenses represented 8 percent of sales. Depreciation was 5 percent o

Interference of Central bank in Markets: Some dilemmas exist in the issue of central bank intervention in the market to correct the volatilities in the prices. In some countrie

what is the traditional gold standard? and how does it differ from our current monetary system.

Valuing Debt Securities Securities which promise to pay its investors a stated rate of interest and return principal amount at the maturity date are known as debt securities.

In this exercise you will construct efficient portfolios with 5 risky assets using Excel's non-linear optimization routing "Solver". The questions are designed to be sequential and

What are the negative consequences of a company holding too much cash? A company holding so much cash would be giving up the opportunity to invest much more in income producing a

Different bonds trade at different yields though the coupon rate, maturity, and embedded options are same for them. Assuming that all the other bond characteristi

LENDING RATES IN THE CREDIT MARKET One of the crucial decisions involved while extending loans is the lending rate. Intermediaries will base their lending rate decisions on thr

Q. What do you signify by Investment Decisions? Investment Decision: - The most significant function of financial management isn't only the procurement of external funds for th

Explain the challenges before an E-business management