Want this question answered?
To achieve the main object of the company at minimum cost.
Any objective that is market based is strategic objective. Any objective that can be derived from financial statements is financial objective.
what is financial Management reporting
what is Financial Management Strategy
The primary goal of financial management is to increase the market value of the owners equity . for non profit organization this goal would need modified . one suggestion would be to maximize the value of the service rendered to society given the resources available to the organization
explain the primary objectives of cost management ?
its primary objective is to provide external reports called financial statements to help users analyze an organization's activities.
Maximizing profits.
To achieve the main object of the company at minimum cost.
Financial management is a discipline that allows manages and others to be more in control of their finances. They get to learn how to invest and make profits.
It is a true statement that the objective, or goal, of management is to maximize profits. Another term for profit would be financial gain.
increases in equity from a company's earning activities are
The objective of financial management is wealth maximization rather than profit maximization. Wealth maximization means the total value of the firm.
Provide measurable improvements in mission capabilities.
Provide measurable improvements in mission capabilities.
The primary objective of independent auditors are rendering opinion report on the financial statement that is the responsibility of client management. The main reason auditors need to be independent are to provide credentional for the client prepared financial statements. Therefore, the users (Bankers, Investers and third party) of the financial statement can have unbiased information about the client financial Statements.
Objective Risk Management is not a common term in Risk Management, it's mainly used by companies to promote their Risk Management services by adding the word "Objective" to it. It has no specific meaning.Answer: Risk management is Assessment of risks that arise and then taking safety measures in place to control them and then making sure they work in practice. Its primary objective is to help the daily decision making and implementation process by identifying and managing the uncertainities.