1. Financial Management

2. Finance

3. Definition: Finance
 Concerned with resource allocation as well as
resource management, acquisition and
investment.
 Deals with matters related to money and the
markets.
 The study of how investors allocate their assets
over time under conditions of certainty and
uncertainty

4. Financial Management

5. Financial Management: Definition
 Financial management is an integrated decision
making process, concerned with acquiring,
managing and financing assets to accomplish
overall goals within a business entity.
 Speaking differently, it is concerned with making
decisions relating to investments in long term assets,
working capital, financing of assets and so on.

6. What is Financial
ManageMent?
 Financial management capacity is a cornerstone
of organizational excellence.
 Financial management pervades the whole
organization as management decisions almost
always have financial implications.

7. Meaning of Financial Management
 Financial management entails planning for the future of a
person or a business enterprise to ensure a positive cash flow,
including the administration and maintenance of financial
assets.
 The primary concern of financial management is the assessment
rather than the techniques of financial quantification.
 Some experts refer to financial management as the science of
money management.

8. Importance of Financial Mgt.

9. Importance of Financial Management
 Financial management is concerned with procurement and
utilization of funds in a proper way. It is important because of
the following advantages:
1. Helps in obtaining sufficient funds at a minimum cost.
2. Ensures effective utilization of funds.
3. Tries to generate sufficient profits to finance expansion and
modernization of the enterprise and secure stable growth.
4. Ensures safety of funds through creation of reserves, re-
investment of profits, etc.

10. Financial Analysis
and Planning

11. Review of Accounting