Financial Management

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CONCEPTUALIZATION

FINANCE
- management of money.
- has its activities including:
investing, borrowing , lending,
budgeting, saving, & forecasting
- study of how money is spent by
individuals, institutions & others. FINANCIAL MANAGEMENT
- planning, organizing, directing and
controlling the financial activities
such as procurement and utilization
FUNCTIONS OF FINANCE
of funds of the enterprise
- Applying general management
- Allocation of Financial Resources principles to financial resources of
- Procurement of Funds the enterprise.
- Efficient and Effective Utilization of
Financial Resources
GOALS OF FINANCIAL MANAGEMENT
- boost the wealth of the shareholders.
- to allot enough funds for current and
non current assets.
MANAGEMENT
- to acquire the best mix of financing
-Coordination and administration of
alternatives
tasks to achieve a goal.
- to expand an appropriate dividend
- Planning
policy.
- Organizing
- Staffing
- Directing / Leading HOW IS FINANCIAL MANAGEMENT IN
- Controlling DIFFERENT PERSPECTIVE?
- PUBLIC is the administration of funds used to
deliver public services.

FINANCIAL - CORPORATE is the act or practice of


developing strategies & investment decisions
that positively affect the corporation's
operations.
MANAGEMENT - PERSONAL refers to ways of managing your
personal finances

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