Question

send me written notes financial management ​

Answer 1

Answer:

Financial management may be defined as the area or function in an organization which is concerned with profitability, expenses, cash and credit, so that the "organization may have the means to carry out its objective as satisfactorily as possible;" [1] the latter often defined as maximizing the value of the firm for stockholders. Financial managers[2] (FM) are specialized professionals directly reporting to senior management, often the financial director (FD); the function is seen as 'Staff', and not 'Line'.