The loans may be raised within the type of time period loan, leasing, hire-buy and so on. The total objective of the finance manager is to boost funds with minimal cost to extend the profitability of the business concern. a) Financial accounting discloses the profit or loss made by the company. On the idea of revenue, which helps the finance supervisor to calculate EPS and further use in financing choices. Financial administration is concerned with the financial choice making.
Depending on the company profile the finance department can have a number of designations to cater to the assorted needs of the company. Financial management has turn out to be one of the best and most lucrative professions. Financial managers are among the many highest-paid professionals all over the world.
In each organisation the place the cash is concerned, Sound Financial management is important. Every business organisation requires cash to earn more money But money will earn more cash, only when it is managed correctly. Investment needs of an organization can be met by various sources of funds. It is the job of the finance manager to plot the optimum mixture of finance structure for an organization which includes minimal cost … Read More