Type and Scope of Financial Management: A Review
Keywords:
financial, enterprise, partnership, ManagementAbstract
When it comes to running a business, money matters. In order to achieve the company's goals and objectives, financial management is the process of planning, organising, controlling, and monitoring financial resources. Financial activities, including collecting money, utilising funds, accounting for payments and analysing risk, may all be kept under control by adopting this method. Managing a company's finances is the focus of financial management, according to this definition. Good financial management ensures that an organisation has access to high-quality fuel and regular service, both of which are critical to its success.
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