Financial Management: Meaning, Scope, Objectives & Functions
February 21, 2025
Theoretically there are two types of interest rates, simple and compounding. However, in finance the word interest usually refers to compound interest. Simple interest almost never factors in financial calculations. In all calculations related to present values and future values, compound interest is used. However, as a student of corporate finance, it is essential to […]
The study of financial management is imperative for anyone trying to make a career in the industry. However, traditional financial management helps to make short-term decisions. For example, the main purpose of financial management is to guide corporations about making three decisions viz. the investment decision, the financing decision as well as the dividend decision. […]
The Infrastructure Leasing and Financial Services (IL&FS) corporation were one of the bellwethers of India’s infrastructure sector. Ever since the government started pushing for better infrastructure, IL&FS was one of the first companies to come into existence. This company is responsible for building thousands of kilometers of roads and several ports. This financial giant has […]
Trading foreign exchange is markedly different from trading other financial assets in the market. There are certain unique features of foreign exchange which make it so different. In this article we have listed down these features and explain how they influence an individual’s ability to trade the market. Currencies Come in Pairs The biggest difference […]
The United States of America takes pride in its judicial system. According to most American economists, the judicial system of America is the backbone of the American economy. Since property laws are rigidly enforced, and investors are sure that their economic interests will be protected they tend to invest their money in America. The number […]
Financial Planning is the process of estimating the capital required and determining it’s competition. It is the process of framing financial policies in relation to procurement, investment and administration of funds of an enterprise.
Financial Planning has got many objectives to look forward to:
Financial Planning is process of framing objectives, policies, procedures, programmes and budgets regarding the financial activities of a concern. This ensures effective and adequate financial and investment policies. The importance can be outlined as-
Your email address will not be published. Required fields are marked *