Scope of finance functions, Financial Management


The functions of Financial Manager can generally be sub-divided into two: The Routine functions and the Managerial Functions.

Managerial Finance Functions:

Need skilful planning, control and execution of the financial activities. There are four significant managerial finance functions.

  • These are as shown below:
  • Investment of Long-term asset-mix choices
  • Financing decisions
  • Division of earnings decision
  • Liquidity decision


Routine functions:

For the efficient execution of the managerial finance functions, routine functions have to be executed. Such decisions concern procedures and systems and include a lot of paper work and time. In most situations these decisions are delegated to junior staff in the organization

Posted Date: 12/8/2012 6:17:43 AM | Location : United States

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

Write discussion on Scope of finance functions
Your posts are moderated
Related Questions
Q. What do you mean by Gross working capital? Gross working capital: - Gross working capital demotes to firms investment in current assets. Current assets are the assets which

Nick Leeson and Barings Leeson was the trader who managed to bring about the collapse of Barings Bank in 1995. The main reason he was able to do this was because there was a ce

Explain the Role of commission authorities Competition Directorate is one of the independent public bodies which help ensure healthy competition between companies which then be

This case has been framed in order to test the skills in evaluating a credit request and reaching a correct decision. Perluence International is large manufacturer

How is the failure Table for assets that fail suddenly constructed?

Accrued Payroll was $10,000 and $15,000 at the beginning and end of 20X4, respectively. The payroll expense for 20X4 totaled $520,000. Cash outflow for payroll during 20X4 totaled:

Explain Dual Currency Bond A dual currency bond is a straight fixed-rate bond that is issued in one currency and pays coupon interest in that similar currency.  At maturity, th

State about the investigate of Competition Directorate Competition Directorate will generally investigate the below areas: (i)  Mergers and takeovers This is when larg

It is a bond that does not give periodic interest payments. In spite of that, interest is added to the principal balance of the bond and is either paid at maturity or, at some poin

Electronic Communications Networks: In traditional stock exchanges, the buying and selling of stocks take place at a physical location only and the members have to conduct tradi