Explain objectives and role of financial management.

QuestionsCategory: QuestionsExplain objectives and role of financial management.
afaq jafri asked 7 months ago

objectives and role of financial management

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afaq jafri answered 7 months ago

Objectives of Financial Management

  • To Manage funds or financial resources of the company.
  • To Make proper of funds.
  • Financial Management Helps Deciding Sources Of Financing.
  • To Maximize wealth
  • To Maximize profit of the company.
  • To create goodwill of the company.

Role of Financial Management

  • Financial management helps to make a dividend decision.
  • To create Investment Opportunities.
  • To create saving and reserves.
  • To manage Accounting and Bookkeeping.
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