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Effective Financial Management

Effective Financial Management

In a fast changing world, brimming with social and economic uncertainty, financial information plays a vital role in the life of an organization and does so with two sets of eyes. One set looks back to see what has happened. This is the accounting function, which is simply about the recording of events and the production of the financial reports that satisfy the stewardship responsibility of management. The other set looks forward to determine the most appropriate strategic direction for an organization, guiding managerial actions, motivating behaviors, and creating and supporting the cultural values necessary to achieve an organizations strategic objectives. This book is all about the second set of eyes, which are the lenses of STRATEGIC FINANCIAL MANAGEMENT, that help organizations plot their way through an environment filled with opportunities and dangers. For students, aspiring managers as well as those who already have management responsibilities this book provides an insight, through the eyes of the characters of a start-up company, of some of the ideas and models that help to identify the possible strategies capable of maximizing an organization's value, which is the same as making the owners as wealthy as possible, to determine how to finance the organization in the most proper way, to allocate the collected capital in the most effective way, to monitor the implementation of the chosen strategy to see whether it is meeting the planned objectives, and to reasonably decide on the reinvestment and distribution of profits.

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Author
Publisher Business Expert Press
Release Date
ISBN 1606492330
Pages 149 pages
Rating 4/5 (38 users)

One set looks back to see what has happened. This is the accounting function, which is simply about the recording of events and the production of the financial reports that satisfy the stewardship responsibility of management.

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Effective financial management means having complete control over money matters.
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Authors: Brian Finch
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Effective Financial Management in Public and Nonprofit Agencies, 4th Edition
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Categories: Business & Economics
Type: BOOK - Published: 2015-02-24 - Publisher: ABC-CLIO

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This analytical volume looks at emerging fiscal trends and introduces the tools for effective financial management to American business professionals in the pub
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Managing the Cost of Government: Building an Effective Financial Management Structure
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Authors: United States General Accounting of Gao
Categories: Political Science
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Effective Financial Management
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Authors: Scottish Pre-school Play Association
Categories: Corporations
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Type: BOOK - Published: 2018 - Publisher:

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