Financial Management

Financial Management Financial management is mainly concerned with the proper management of funds. The finance manager must see that funds are procured in such a manner that risk, cost and control considerations are properly balanced and there is optimum utilization of funds. [email_address]

According to Soloman , “Financial management is concerned with the efficient use of economic resources”. According to Phillippatus , “Financial management is concerned with management decision that result in acquisition and financing of long-term and short-term credits for the firm”. [email_address]

Objectives of Financial Management ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[email_address]

Other Objectives ,[object Object],[object Object],[object Object],[object Object],[email_address]

Scope of Financial Management ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[email_address]

Need of Financial Management or Financial Decisions ,[object Object],[object Object],[object Object],[email_address]

Functional Areas of Financial Management ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[email_address]

Sources of Finance [email_address]

Share Capital : Long term funds can be raised from share capital. According to Section 86 of Companies Act, 1956, a company can issue only two types of shares i.e. (a) Preference shares and (b) Equity shares ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[email_address] SHARES

Equity Shares ,[object Object],[email_address]

Merits of Equity Shares ,[object Object],[object Object],[object Object],[object Object],[object Object],[email_address]

Demerits of Equity Shares: ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[email_address]

Preference Shares : Preference shares are those shares which are entitled to a priority in the payment of dividends at a fixed rate and the return of the capital in the event of winding up of the company. Preference shares may be of the following kinds: ,[object Object],[object Object],[object Object],[email_address]

[object Object],[object Object],[object Object],[object Object],[email_address]

Merits of Preference Shares: ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[email_address]

Demerits of Preference Shares: ,[object Object],[object Object],[object Object],[email_address]

Financial Management

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Financial Management

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