The planning, organizing, directing and
controlling all the financial activities of an organization is referred to as
financial management. In order to carry out management in an effective way,
various principles of financial management are applied.
management is an activity that monitors the financial resources of the
organization with the aim of accomplishing the organizational objectives and
goals. Financial management is done by the financial managers of the particular
Financial Management is about preparing, guiding
and managing the money related activities of the company. All the activities
that involve the inflow and outflow of the cash, are recorded by the financial
managers of the organization.
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