Chapter One An over view of Financial Management 1.1 The nature and scope of financial management Definition: Financial management is an art and science of managing money.…

INTRODUCTION INTRODUCTION Firms create manufacturing capacities for production of goods some provide services to consumers. They sell their goods or services to earn profit.…

Nature of Financial Management By Lucky Yona Management Consultant- ESAMI Coverage Introduction Finance Functions Financial Managerâs Role Financial Goals of the Firm Management…

Finance • The firm’s success and to say the least, its survival depends upon how efficiently it is able to generate funds, as and when needed. • Finance holds the key…

Introduction: Financial management is that managerial activity which is concerned with the planning and controlling of the firm’s financial resources. It was a branch of…