Financial management involves planning, acquiring, and managing assets to achieve business goals. It entails decisions around long-term investments, working capital, and financing assets. Financial management also aims to generate profits to finance growth while ensuring safety of funds. It encompasses functions like planning, reporting, processing transactions, and control.
This presentation is made by Toran Lal Verma. Meaning, nature, and scope of Financial Management are discussed. scope and objectives of financial management have been discussed along with merits and demerits.
Financial Management — objectives — profit maximization, wealth maximization — finance function — role of finance manager — strategic financial management — economic value added — time value of money.
This presentation provides the complete Role and responsibilities of a person acting as a Finance Manager in any XYZ organization.
One can very well use this as a reference to see the basic Job Description for the post of a Finance Manager and can gain meaningful insights from it.
This presentation is made by Toran Lal Verma. Meaning, nature, and scope of Financial Management are discussed. scope and objectives of financial management have been discussed along with merits and demerits.
Financial Management — objectives — profit maximization, wealth maximization — finance function — role of finance manager — strategic financial management — economic value added — time value of money.
This presentation provides the complete Role and responsibilities of a person acting as a Finance Manager in any XYZ organization.
One can very well use this as a reference to see the basic Job Description for the post of a Finance Manager and can gain meaningful insights from it.
Investment Decision — Capital Budgeting Techniques — Pay Back Method — Accounting Rate Of Return — NPV — IRR — Discounted Pay Back Method — Capital Rationing — Risk Adjusted Techniques Of Capital Budgeting. — Capital Budgeting Practices
What is Finance, Approaches to finance function, Traditional approach, Modern approach, Limitations Of Traditional Approach, Profit maximization approach, Wealth Maximisation approach,
FINANCIAL MANAGEMENT, ROLE OF FINANCIAL MANAGEMENT, IMPORTANCE OF FINANCIAL MANAGEMENT, FEATURES OF FINANCIAL MANAGEMENT, SCOPE OF FINANCIAL MANAGEMENT, FUTURE OF FINANCIAL MANAGEMENT, etc.
Introduction to financial planning
Meaning of financial planning
Definition of financial planning
Meaning of Financial Plan
Objectives of financial planning
Essentials/Characteristics of a sound financial plan
Considerations in formulating financial plan
Steps in financial planning
Limitations of financial planning
Financial Reporting And Analysis Explained.as to why is it important, Who is it important for and the different ways of analyzing a financial statement.
Greenwich University
The network foundation for mobility and IoT own different requirements than more current networks. Discover which solutions from ALE can offer the innovation and reliability to lay the ground for tomorrow’s digital business.
Investment Decision — Capital Budgeting Techniques — Pay Back Method — Accounting Rate Of Return — NPV — IRR — Discounted Pay Back Method — Capital Rationing — Risk Adjusted Techniques Of Capital Budgeting. — Capital Budgeting Practices
What is Finance, Approaches to finance function, Traditional approach, Modern approach, Limitations Of Traditional Approach, Profit maximization approach, Wealth Maximisation approach,
FINANCIAL MANAGEMENT, ROLE OF FINANCIAL MANAGEMENT, IMPORTANCE OF FINANCIAL MANAGEMENT, FEATURES OF FINANCIAL MANAGEMENT, SCOPE OF FINANCIAL MANAGEMENT, FUTURE OF FINANCIAL MANAGEMENT, etc.
Introduction to financial planning
Meaning of financial planning
Definition of financial planning
Meaning of Financial Plan
Objectives of financial planning
Essentials/Characteristics of a sound financial plan
Considerations in formulating financial plan
Steps in financial planning
Limitations of financial planning
Financial Reporting And Analysis Explained.as to why is it important, Who is it important for and the different ways of analyzing a financial statement.
Greenwich University
The network foundation for mobility and IoT own different requirements than more current networks. Discover which solutions from ALE can offer the innovation and reliability to lay the ground for tomorrow’s digital business.
The Future of Digital Lending in Ethiopia
The traction that met Michu and Telebirr early on highlights the massive demand for uncollateralized digital credit in Ethiopia. New entrants such as Kacha Digital Financial services have also announced they’re eying the micro-credit market. The impending entrance of Safaricom’s M-PESA is undoubtedly going to have an impact, but the telecom operator must wait until the National Bank of Ethiopia (NBE) sets rules before it can enter the fray.
Among the most significant recent developments in the digital lending sphere is credit cards. Awash Bank has announced it will start issuing credit cards to its clients in both secured and unsecured loan forms. Clients will be able to access as much as a few hundred thousand Birr in credit from the bank, with limits depending on the loan type.
It is a significant milestone for the Ethiopian financial sector, and the development is likely to be followed up by even more big changes.
Central bank regulators are working on a digital lending framework that will likely see micro-credit providers gain a step up in the financial sector. As it stands, mobile money providers are the only non-traditional financial institutions allowed to engage in micro-credit service but are still required to partner with banks or MFIs to access loanable funds.
The central bank, however, has recently expressed intentions to allow fintechs to loan out funds sourced from entities other than banks or MFIs. Common practice in other countries indicates that these other sources are usually private equity firms, individuals or development institutions. This model is practiced in various countries across the globe.
For instance, In Kenya, Digital Credit Providers (DCPs) were not regulated by the central bank until recently and sourced funds from various sources without having to disclose them to the central bank.
Nonetheless, close to 300 DCPs have applied for licenses from the Kenyan central bank this year after regulators put out a call following a decision that compels lenders to disclose their source of funding. Ten of them have already been licensed. Development Financial Institutions, commercial banks, private equity firms and high-net-worth individuals are some of the popular sources of funding that Kenya-based DCPs use for lending.
The implementation of various models of lending come with their own advantages and disadvantages. Here are the possible opportunities and threat that the Ethiopian market will experience as a result of the upcoming changes:
Opportunities
Encourages the development of new lending models such as peer-to-peer (P2P lending). Countries with advanced digital lending models have progressed to be able to offer a slew of innovative lending products. Diversifying the source of funds would allow creditors to experiment with innovative use cases based on their own risk appetite as they’ll be able to retain the risk on their own.
Provides a more attractive business cases.
Business Finance: Introduction to Business Finance, Meaning and Definition of Financial Management, Objectives of Financial Management- (Profit Maximization and Wealth Maximization), Modern Approach to Financial Management- (Investment Decision, Financing Decision, Dividend Policy Decision), Finance and its relation with other disciplines, Functions of Finance Manager
The secret way to sell pi coins effortlessly.DOT TECH
Well as we all know pi isn't launched yet. But you can still sell your pi coins effortlessly because some whales in China are interested in holding massive pi coins. And they are willing to pay good money for it. If you are interested in selling I will leave a contact for you. Just telegram this number below. I sold about 3000 pi coins to him and he paid me immediately.
Telegram: @Pi_vendor_247
how to sell pi coins in all Africa Countries.DOT TECH
Yes. You can sell your pi network for other cryptocurrencies like Bitcoin, usdt , Ethereum and other currencies And this is done easily with the help from a pi merchant.
What is a pi merchant ?
Since pi is not launched yet in any exchange. The only way you can sell right now is through merchants.
A verified Pi merchant is someone who buys pi network coins from miners and resell them to investors looking forward to hold massive quantities of pi coins before mainnet launch in 2026.
I will leave the telegram contact of my personal pi merchant to trade with.
@Pi_vendor_247
USDA Loans in California: A Comprehensive Overview.pptxmarketing367770
USDA Loans in California: A Comprehensive Overview
If you're dreaming of owning a home in California's rural or suburban areas, a USDA loan might be the perfect solution. The U.S. Department of Agriculture (USDA) offers these loans to help low-to-moderate-income individuals and families achieve homeownership.
Key Features of USDA Loans:
Zero Down Payment: USDA loans require no down payment, making homeownership more accessible.
Competitive Interest Rates: These loans often come with lower interest rates compared to conventional loans.
Flexible Credit Requirements: USDA loans have more lenient credit score requirements, helping those with less-than-perfect credit.
Guaranteed Loan Program: The USDA guarantees a portion of the loan, reducing risk for lenders and expanding borrowing options.
Eligibility Criteria:
Location: The property must be located in a USDA-designated rural or suburban area. Many areas in California qualify.
Income Limits: Applicants must meet income guidelines, which vary by region and household size.
Primary Residence: The home must be used as the borrower's primary residence.
Application Process:
Find a USDA-Approved Lender: Not all lenders offer USDA loans, so it's essential to choose one approved by the USDA.
Pre-Qualification: Determine your eligibility and the amount you can borrow.
Property Search: Look for properties in eligible rural or suburban areas.
Loan Application: Submit your application, including financial and personal information.
Processing and Approval: The lender and USDA will review your application. If approved, you can proceed to closing.
USDA loans are an excellent option for those looking to buy a home in California's rural and suburban areas. With no down payment and flexible requirements, these loans make homeownership more attainable for many families. Explore your eligibility today and take the first step toward owning your dream home.
how can I sell pi coins after successfully completing KYCDOT TECH
Pi coins is not launched yet in any exchange 💱 this means it's not swappable, the current pi displaying on coin market cap is the iou version of pi. And you can learn all about that on my previous post.
RIGHT NOW THE ONLY WAY you can sell pi coins is through verified pi merchants. A pi merchant is someone who buys pi coins and resell them to exchanges and crypto whales. Looking forward to hold massive quantities of pi coins before the mainnet launch.
This is because pi network is not doing any pre-sale or ico offerings, the only way to get my coins is from buying from miners. So a merchant facilitates the transactions between the miners and these exchanges holding pi.
I and my friends has sold more than 6000 pi coins successfully with this method. I will be happy to share the contact of my personal pi merchant. The one i trade with, if you have your own merchant you can trade with them. For those who are new.
Message: @Pi_vendor_247 on telegram.
I wouldn't advise you selling all percentage of the pi coins. Leave at least a before so its a win win during open mainnet. Have a nice day pioneers ♥️
#kyc #mainnet #picoins #pi #sellpi #piwallet
#pinetwork
how to swap pi coins to foreign currency withdrawable.DOT TECH
As of my last update, Pi is still in the testing phase and is not tradable on any exchanges.
However, Pi Network has announced plans to launch its Testnet and Mainnet in the future, which may include listing Pi on exchanges.
The current method for selling pi coins involves exchanging them with a pi vendor who purchases pi coins for investment reasons.
If you want to sell your pi coins, reach out to a pi vendor and sell them to anyone looking to sell pi coins from any country around the globe.
Below is the contact information for my personal pi vendor.
Telegram: @Pi_vendor_247
Poonawalla Fincorp and IndusInd Bank Introduce New Co-Branded Credit Cardnickysharmasucks
The unveiling of the IndusInd Bank Poonawalla Fincorp eLITE RuPay Platinum Credit Card marks a notable milestone in the Indian financial landscape, showcasing a successful partnership between two leading institutions, Poonawalla Fincorp and IndusInd Bank. This co-branded credit card not only offers users a plethora of benefits but also reflects a commitment to innovation and adaptation. With a focus on providing value-driven and customer-centric solutions, this launch represents more than just a new product—it signifies a step towards redefining the banking experience for millions. Promising convenience, rewards, and a touch of luxury in everyday financial transactions, this collaboration aims to cater to the evolving needs of customers and set new standards in the industry.
If you are looking for a pi coin investor. Then look no further because I have the right one he is a pi vendor (he buy and resell to whales in China). I met him on a crypto conference and ever since I and my friends have sold more than 10k pi coins to him And he bought all and still want more. I will drop his telegram handle below just send him a message.
@Pi_vendor_247
Currently pi network is not tradable on binance or any other exchange because we are still in the enclosed mainnet.
Right now the only way to sell pi coins is by trading with a verified merchant.
What is a pi merchant?
A pi merchant is someone verified by pi network team and allowed to barter pi coins for goods and services.
Since pi network is not doing any pre-sale The only way exchanges like binance/huobi or crypto whales can get pi is by buying from miners. And a merchant stands in between the exchanges and the miners.
I will leave the telegram contact of my personal pi merchant. I and my friends has traded more than 6000pi coins successfully
Tele-gram
@Pi_vendor_247
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Resume
• Real GDP growth slowed down due to problems with access to electricity caused by the destruction of manoeuvrable electricity generation by Russian drones and missiles.
• Exports and imports continued growing due to better logistics through the Ukrainian sea corridor and road. Polish farmers and drivers stopped blocking borders at the end of April.
• In April, both the Tax and Customs Services over-executed the revenue plan. Moreover, the NBU transferred twice the planned profit to the budget.
• The European side approved the Ukraine Plan, which the government adopted to determine indicators for the Ukraine Facility. That approval will allow Ukraine to receive a EUR 1.9 bn loan from the EU in May. At the same time, the EU provided Ukraine with a EUR 1.5 bn loan in April, as the government fulfilled five indicators under the Ukraine Plan.
• The USA has finally approved an aid package for Ukraine, which includes USD 7.8 bn of budget support; however, the conditions and timing of the assistance are still unknown.
• As in March, annual consumer inflation amounted to 3.2% yoy in April.
• At the April monetary policy meeting, the NBU again reduced the key policy rate from 14.5% to 13.5% per annum.
• Over the past four weeks, the hryvnia exchange rate has stabilized in the UAH 39-40 per USD range.
Even tho Pi network is not listed on any exchange yet.
Buying/Selling or investing in pi network coins is highly possible through the help of vendors. You can buy from vendors[ buy directly from the pi network miners and resell it]. I will leave the telegram contact of my personal vendor.
@Pi_vendor_247
What price will pi network be listed on exchangesDOT TECH
The rate at which pi will be listed is practically unknown. But due to speculations surrounding it the predicted rate is tends to be from 30$ — 50$.
So if you are interested in selling your pi network coins at a high rate tho. Or you can't wait till the mainnet launch in 2026. You can easily trade your pi coins with a merchant.
A merchant is someone who buys pi coins from miners and resell them to Investors looking forward to hold massive quantities till mainnet launch.
I will leave the telegram contact of my personal pi vendor to trade with.
@Pi_vendor_247
2. 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.
3. 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.
4. 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.
5. Components of Financial
Management
The five basic components of the Financial Management
Framework are:
Planning and Analysis
Asset and Liability Management
Reporting
Transaction Processing
Control
6.
7. 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.
8. Finance function
The finance function relates to three major decisions which
the finance manager has to take:
Investment decisions
Finance decisions
Dividend decisions
9. Investment decision:
This decision relates to the careful selection of assets
in which funds will be invested by the firm. It
Involves buying, holding, reducing, replacing, selling
& managing assets.
Common questions involving Investments include:
In what lines of business should the firm engage?
Should the firm acquire other companies?
What sort of property, plant, equipment should the
firm hold?
Should the firm modernise or sell an old production
facility?
10. Financing decisions involve the acquisition of funds needed to
support long-term investments.
While taking this decision, financial management weighs the
advantages and disadvantages of the different sources of finance.
The business can either finance from its shareholder funds which
can be subdivided into equity share capital, preference share
capital and the accumulated profits.
Borrowings from outsiders include borrowed funds like
debentures and loans from financial institutions.
11. This decision relates to the appropriation of profits earned.
The two major alternatives are to retain the profits earned
or to distribute these profits to shareholders.
While declaring dividend, a large number of
considerations are kept in mind such as:
Trend of earnings
Stability in dividends
The trend of share market prices
The requirement of funds for future growth
The cash flow situation
Restrictions under the Companies Act
The tax impact on shareholders etc.
13. Objectives of Financial Management
The objectives or goals of financial management are-
(a) Profit maximization,
(b) Return maximization, and
(c) Wealth maximization.
14. Objectives of Financial Management
(1)Profit maximization: Maximization of profits is generally regarded
as the main objective of a business enterprise.
(2)Return Maximization: Another goal of financial management is to
safeguard the economic interest of the persons who are directly or
indirectly connected with the company, i.e., shareholders,
creditors and employees.
(3)Wealth Maximization: Maximization of profits is regarded as the
proper objective of the firm but it is not as inclusive a goal as that
of maximizing its value to its shareholders.
15. Financial Management levels
Broadly speaking, the process of financial management takes
place at two levels:
At the individual level, financial management involves tailoring
expenses according to the financial resources of an individual. From
an organizational point of view, the process of financial
management is associated with financial planning and financial
control.
At the corporate level, the main aim of the process of managing
finances is to achieve the various goals a company sets at a given
point of time.
16. Financial Planning
Financial planning means deciding in advance how much to spend,
on what to spend, according to the funds at your disposal.
Thus, there are two aspects of financial planning:
How much funds are required to finance current and fixed assets
and future expansion project?
From where will these funds come?
Financial planning takes into consideration the growth,
performance, investments and requirement of funds for the
business for a given period of time.
19. Capitalisation
Capital is the basis of all financial decisions and
the term capitalization has been derived from it .
Capital means the total funds invested in the business and
includes owners’ funds , long term loans and other reserves
which are represented by assets.
Capitalization is the valuation of this capital and will include
owners funds, borrowed funds, long term loans, reserves and
any surplus earnings.
20. Three possible situations of Capitalisation
Fair capitalization Over Under
capitalization capitalization
‡Business employs
correct amount of Business employs Business employs
capital more capital than
less capital than
warranted
warranted
21. Over Capitalisation
There are three main indicators of over capitalization:
i. When the amount of capital invested in the business exceeds
the real value of its assets.
ii. When the earnings are not justified by the amount of
capitalization i.e. a fair return is not realized on capital
employed.
iii. When a business has more net assets than it requires
22. Under Capitalisation
Under capitalization is the reverse of over
capitalization. A company becomes under capitalized
when :
The future earnings are under estimated at the time of
promotion.
Unforeseen increase in earnings
23. Functions of Financial Management
Functions of financial management can be divided into two
groups:
Executive (or managerial)functions
Incidental or routine functions
24. Executive functions:
These functions involve financial, investment and dividend decision
making.
Executive functions involve the following decisions:
Financial Forecasting
Investment decisions
Managing corporate asset structure
The management of income
Management of cash
Deciding about new sources of finance
To contact and carry negotiations for new financing
Analysis and appraisal of financial performance
Advising the top management
25. Incidental functions:
They are performed by low level assistants like
accountants, account assistants etc. They include:
Record keeping and reporting
Preparation of various financial statements
Cash planning and its supervision
Credit management
Custody and safeguarding different financial securities
etc.
Providing top management with information on current
and prospective financial conditions of the business.
26. Understanding financial management: a practical
guide By Harold Kent Baker, Gary E. Powell
http://www.economywatch.com/finance/financial-
management.html
http://managementhelp.org/finance/fp_fnce/fp_fnce.
htm
Various other sources on the internet