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Financial Management an Overview

Financial Management is managing the finances in any organization through:

  1. Planning
  2. Organizing
  3. Directing
  4. Controlling

That means when all the above activities work together to procure and utilize funds of a company then it is called as Financial Management.

Some of the objectives of Financial Management are:

  1. Funds availability to the organization.
  2. Providing adequate returns to the shareholders.
  3. Utilization of funds adequately.
  4. Ensuring the safety on investment.

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