{"id":20612,"date":"2014-12-29T09:05:13","date_gmt":"2014-12-29T09:05:13","guid":{"rendered":"http:\/\/vskills.in\/certification\/blog\/?p=20612"},"modified":"2024-04-03T13:22:50","modified_gmt":"2024-04-03T07:52:50","slug":"financial-management-meaning-and-introduction","status":"publish","type":"post","link":"https:\/\/www.vskills.in\/certification\/blog\/financial-management-meaning-and-introduction\/","title":{"rendered":"Financial Management (Meaning And Introduction)"},"content":{"rendered":"<p style=\"text-align: center\"><a ref=\"magnificPopup\" href=\"http:\/\/vskills.in\/certification\/blog\/wp-content\/uploads\/2014\/12\/financial-managementmeaning-and-introduction.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-20693 aligncenter\" src=\"http:\/\/vskills.in\/certification\/blog\/wp-content\/uploads\/2014\/12\/financial-managementmeaning-and-introduction-300x140.jpg\" alt=\"financial-managementmeaning-and-introduction\" width=\"300\" height=\"140\" srcset=\"https:\/\/www.vskills.in\/certification\/blog\/wp-content\/uploads\/2014\/12\/financial-managementmeaning-and-introduction-300x140.jpg 300w, https:\/\/www.vskills.in\/certification\/blog\/wp-content\/uploads\/2014\/12\/financial-managementmeaning-and-introduction.jpg 671w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><\/p>\n<p>Financial management as a whole term comprises two part s <em><strong>1)<\/strong><\/em>the word <strong>FINANCE<\/strong> \u00a0<em><strong>2)<\/strong><\/em> the word MANAGEMENT. Both the terms individually have very different meanings like <strong>FINANCE<\/strong> refers to money in all available forms like currency notes, shares of a company, valuation of your assets etc. <strong>Management<\/strong>, on the other hand, means <strong>efficient<\/strong> handling.<\/p>\n<p><em><strong>FINANCIAL MANAGEMENT <\/strong><\/em><strong>\u00a0a<\/strong>s a whole refers to the efficient management of finances or funds to achieve certain objective generally of monetary safety or growth.<\/p>\n<p>to quote a few great FINANCIAL EXPERTS:-&#8220;Financial Management is an area of financial decision making, harmonizing individual motives and enterprise goals.\u201d By Weston and Brigham<\/p>\n<ul>\n<li>\u201cFinancial management is the application of the planning and control function to the finance function.\u201d \u2013 by K.D. Willson<\/li>\n<li>\u201cFinancial management may be defined as that area or set of administrative function in an organization which relate with an arrangement of cash and credit so that organization may have the means to carry out its objective as satisfactorily as possible .\u201c &#8211; by Howard &amp; Option.<\/li>\n<\/ul>\n<p>FINANCIAL MANAGEMENT makes use of the quantitative and strategic knowledge of \u00a0FINANCIAL MANAGERS to drive the financial resources and assets of the company in a way that the whole process is profitable for the growth of the organization.<\/p>\n<p>&nbsp;<\/p>\n<p><a href=\"http:\/\/www.vskills.in\/certification\/accounting-banking-and-finance\">Click here for government certification in Accounting, Banking &amp; Finance<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Financial management as a whole term comprises two part s 1)the word FINANCE \u00a02) the word MANAGEMENT. Both the terms individually have very different meanings like FINANCE refers to money in all available forms like currency notes, shares of a company, valuation of your assets etc. Management, on the other hand, means efficient handling. FINANCIAL&#8230;<\/p>\n","protected":false},"author":600,"featured_media":20693,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_joinchat":[],"footnotes":""},"categories":[1519],"tags":[1584],"class_list":["post-20612","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-accounting-banking-and-finance","tag-financial-management"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Financial Management (Meaning And Introduction) - Vskills Blog<\/title>\n<meta name=\"description\" content=\"Learn What is Financial Management? 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