Functional areas of financial management, Financial Management

FUNCTIONAL AREAS OF FINANCIAL MANAGEMENT

The scope of financial management is all pervasive and covers approximately all the functional areas of an organization. A number of the areas are as follows:

  • Determining financial needs
  • Determining sources of funds
  • Financial analysis
  • Optimal capital structure
  • Cost-Volume-Profit analysis
  • Profit planning and control
  • Fixed assets management
  • Project planning & evaluation
  • Capital budgeting
  • Working capital management
  • Dividend policies
  • Acquisitions & Mergers
  • Corporate taxation
Posted Date: 10/15/2012 8:45:04 AM | Location : United States







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