Understand the Basic Concepts of Financial Management
A finance manager in a company must know how to manage all the elements and in financial terms, this must be done because finance is one of the important functions in achieving the company's goals. Elements of financial management should be known by a manager. Let's say that a financial manager did not know what-what are the elements of financial management, it would appear difficult to run a company. Therefore, a financial manager should be able to know all the activities of financial management, especially analyzing the sources of funding and its use to realize the maximum benefit for the company. A financial manager must understand the flow of money in circulation, both external and internal Financial management is an activity planning, budgeting, audit, management, control, search and storage of funds held by an organization or company. Objectives of Financial Management Financial management is an activity planning, budgeting, audit, management, contr...