Finance or funds are the life-line of a business. Simply can be explained as, directing, controlling and organizing financial activities mainly utilization of funds of a business. The major elements depend on the decision, that is investment, financial and dividend decisions. Objectives include ensuring safety on investing, adequate and regular supply of finance, returns to the shareholders, exact fund utilization and establish a sound capital structure. A financial manager should be aware about how much money the company requires and this can be planned. Budgeting is arranging funds to meet costs like rents, salary, resources etc. Importantly the process of managing and assessing risks such as market risks, credit risk, liquidity risk and so on. There are mainly three types of financial management: capital budgeting, working capital management and capital structure. More information can be obtained from the PowerPoint presentation.

Aparika Sharma

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