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  • Main Goals

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    Marjia Sultana Keya
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    The financial manager's primary goals are to maximize shareholder wealth by managing risk and return, focusing on daily credit and inventory management as well as long-term fundraising. They also aim to develop a highly trained workforce, provide financial leadership and advice, and protect organizational resources from waste, fraud, and abuse through accounting and internal controls. The strategy involves implementing review programs to evaluate new systems and high-risk areas, using planning tools like opportunity analysis and matrices, and actively involving in decision-making by providing financial and performance information for analyzing implications on goals and objectives.

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    The financial manager's primary goals are to maximize shareholder wealth by managing risk and return, focusing on daily credit and inventory management as well as long-term fundraising. They also aim to develop a highly trained workforce, provide financial leadership and advice, and protect organizational resources from waste, fraud, and abuse through accounting and internal controls. The strategy involves implementing review programs to evaluate new systems and high-risk areas, using planning tools like opportunity analysis and matrices, and actively involving in decision-making by providing financial and performance information for analyzing implications on goals and objectives.

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    13 views1 page

    Main Goals

    Uploaded by

    Marjia Sultana Keya
    The financial manager's primary goals are to maximize shareholder wealth by managing risk and return, focusing on daily credit and inventory management as well as long-term fundraising. They also aim to develop a highly trained workforce, provide financial leadership and advice, and protect organizational resources from waste, fraud, and abuse through accounting and internal controls. The strategy involves implementing review programs to evaluate new systems and high-risk areas, using planning tools like opportunity analysis and matrices, and actively involving in decision-making by providing financial and performance information for analyzing implications on goals and objectives.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as DOC, PDF, TXT or read online from Scribd
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    Download as doc, pdf, or txt
    of 1

    MAIN GOALS: 1) The primary goal of the financial manager of this company is to maximize the wealth of shareholders.

    2) The relationship of risk to return is the central focus. 3) To achieve wealth maximization through daily activities such as credit and inventory management and through long term decisions related to raising fund. 4) Committed to developing a highly trained financial management work force and proactively furnish sound advice and leadership on many diverse financial issues. 5) Ensuring that Ensuring that the organizations resources are protected from waste, fraud, and abuse by improving its accounting systems and internal controls. STRATEGY: Implementation of review programs evaluating effectiveness of internal controls for new system and high risk areas. Using planning tools-opportunity analysis and positioning, Multifactor directional matrices. Involving actively in organizational decision making by providing timely and reliable financial and performance information and by analyzing the implications of this information in relation to the organizations goals and objectives.

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