What does Financial Management mean?
Financial Management means putting together the economic resources at hand to make efficient use of them and taking decisions that can successfully culminate in acquiring more assets for the family or business. With effective Financial Management you can even attract finance to meet the short term and long term requirement of the family or firm. The whole process is intense and deals with the selection of specific or a combination of assets to deal with a financial issue, if any. The aim of Financial Management is to reduce the size of a problem and ensure fiscal growth of the enterprise or family funds. What is Financial Management analysis? Financial Management Analysis deals with the calculated and predicted cash in-flow and outgoings. The analysis is directed towards the study of the effect of existent funds on managerial objectives. Financial Management handles everything from procuring the funds to effective utilization of the same. Dedicated Financial Management analysis handles
