Objectives of Financial Management
The financial management is generally concerned with procurement, allocation and control of financial resources of a concern. The objectives can be-
To ensure regular and adequate supply of funds to the concern.
To ensure adequate returns to the shareholders which will depend upon the earning capacity, market price of the share, expectations of the shareholders.
To ensure optimum funds utilization. Once the funds are procured, they should be utilized in maximum possible way at least cost.
To ensure safety on investment, i.e, funds should be invested in safe ventures so that adequate rate of return can be achieved.
To plan a sound capital structure-There should be sound and fair composition of capital so that a balance is maintained between debt and equity capital.
its primary objective is to provide external reports called financial statements to help users analyze an organization's activities.
provide quantitative information to users of financial positition.
The basic objective of financial accounting is the formulation of financial statements including the balance sheet, income statement and cash flow statement. Income statements show the company's operating performance quarterly or annually.
A financial statement is a record of the financial activities of a person or business entity where all related financial information are presented in an...
increases in equity from a company's earning activities are
how do these institutions intetact
Any objective that is market based is strategic objective. Any objective that can be derived from financial statements is financial objective.
An objective clause is a clause which is like a learning objective but this is the objective for an clause
Learning target
its primary objective is to provide external reports called financial statements to help users analyze an organization's activities.
In 1992 COSO issued Internal Control--An Integrated Framework for companies, their managements, and their auditors.
provide quantitative information to users of financial positition.
what constitutes a financial objective of a firm is the goals, long range planning and business. while that of the economic objective has to do with enviromental scanning and swot analsis
The Certified Financial Planning program ensures that individuals receive proper training in risk managements, tax planning, retirement planning and many other necessary subjects.
By the one who's responsible and accountable in delivering and maintaining the financial proofs, documents and managements of assets of either an individual, a business entity or a huge company of firm. AgentCampus.com
To achieve the main object of the company at minimum cost.
Plesea send Financial Accounting Objective type quesition.