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
Monetary Policy The Federal Reserve's goal is to regulate the growth of the monetary aggregates to ensure sufficient credit expansion to foster economic growth, without inflati

TRADING IN OPTIONS We have already seen that options are traded on exchanges and have already discussed how to understand published quotations. Let us now learn the trading mec

How is the finance company play a vital role in investment intermediaries? Finance companies: Finance companies make loans to corporations and individuals by giving consu

Simple Arbitrage The easiest arbitrage opportunities in the option market exist when options violate simple pricing bounds. No option, for example, should sell for less than it

In two of the four months of the cash budget Thorne Co has a cash shortage with the highest cash deficit being the opening balance of $40000. This cash shortage which has occurred

We can measure the portfolio duration by calculating the weighted average of the duration of the bonds in the portfolio. The proportion of the portfolio that a se

DQ #1: Discuss the challenges of VaR approaches in valuing risk. How does portfolio risk assessment differ from a single asset’s risk assessment? How do managers typically load ba

Describe the Puttable, Convertible, Foreign and Eurobonds. With puttable bonds the release date is under control of the holder (that is the opposed of the callable bond case)

Common Size Financial Statement Common Size Financial Statement is a company financial statement that shows all items as percentages of a common base figure. This kind of finan

Accounting : Many people believe financial management only relates to bookkeeping and the establishment of accounting reports which reflect those transactions in the books.  Whi