The document discusses several topics related to financial management including the definition of financial management, types of finance, responsibilities of a financial manager, and types of business organizations. It notes that financial management is the system for studying finance and that there are three main types of finance: public, corporate, and personal. The document also outlines some of the key areas of financial management such as planning, budgeting, assessing, managing, and achieving financial goals. It discusses two approaches to financial management - the traditional and modern approaches. Finally, it lists different types of business organizations including sole proprietorships, partnerships, corporations, and co-operatives.