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The Definition Of Financial management

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知识摘要:The Definition Of Financial management:The Definition OfFinancial management:Financial Management, a branch of finance that concerns itself with the managerial significance of finance techniques..
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The?Definition?Of Managerial?finance(Financial?management)

  Financial?management?(?Managerial?finance?)?for?the?property?(including?tangible?and?intangible?property?=?intellectual?property?)?business.?For?many?individuals?for?personal?property?or?the?family?property?management,?refers?to?the?individual?or?institution?according?to?the?individual?or?institution?at?present?actual?economic?condition,?set?to?achieve?economic?goals,?in?a?limited?time?frame?using?one?or?more?categories?of?financial?investment?tool,?by?means?of?one?or?more?to?achieve?their?economic?goals,?planning?or?plans?solution.?In?the?concrete?implementation?of?the?planning?process,?also?known?as?financial.

  Financial?Management,?a?branch?of?finance?that?concerns?itself?with?the?managerial?significance?of?finance?techniques.?

  Corporate?finance,?a?type?of?finance?dealing?with?monetary?decisions?that?business?enterprises?make?and?the?tools?and?analysis?used?to?make?these?decisions.?

  Financial?Management?is?the?branch?of?finance?that?concerns?itself?with?the?managerial?significance?of?finance?techniques.?It?is?focused?on?assessment?rather?than?technique.

  The?difference?between?a?managerial?and?a?technical?approach?can?be?seen?in?the?questions?one?might?ask?of?annual?reports.?One?concerned?with?technique?would?be?primarily?interested?in?measurement.?They?would?ask:?are?moneys?being?assigned?to?the?right?categories??Were?generally?accepted?accounting?principles?GAAP?followed?

  One?concerned?with?management?though?would?want?to?know?what?the?figures?mean.

  They?might?compare?the?returns?to?other?businesses?in?their?industry?and?ask:?are?we?performing?better?or?worse?than?our?peers??If?so,?what?is?the?source?of?the?problem??Do?we?have?the?same?profit?margins??If?not?why??Do?we?have?the?same?expenses??Are?we?paying?more?for?something?than?our?peers??

  They?may?look?at?changes?in?asset?balances?looking?for?red?flags?that?indicate?problems?with?bill?collection?or?bad?debt.?

  They?will?analyze?working?capital?to?anticipate?future?cash?flow?problems.?Financial?Management?is?an?interdisciplinary?approach?that?borrows?fro?m?both?managerial?accounting?and?corporate?finance.

  Sound?financial?management?creates?value?and?organizational?agility?through?the?allocation?of?scarce?resources?amongst?competing?business?opportunities.?It?is?an?aid?to?the?implementation?and?monitoring?of?business?strategies?and?helps?achieve?business?objectives.


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