Oohh , Are this terms come in Finance SuBject ???? 🥺🥺

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Managing the large amount of money is known as finance.


The seven concepts of financial management are :


Financial Planning and Forecasting. 


Cash Management. 


Estimating Capital Expenses. 


Determining Capital Structure. 


Procurement of Funds. 


Investment of Funds. 


Surplus Disposal.


Major scopes of financial management are


Estimating the financial requirements.


Determining the structure of capitalization.


Choice of sources of finance.


Investment decisions.


Management of earnings.


Management of cash flow.


Main Objectives of financial management are follows :


Profit Maximization. 


Wealth Maximization. 


Maintenance of Liquidity. 


Proper Estimation of Financial Requirements.


Proper Mobilization. 


Proper Utilization of Financial Resources. 


Improved Efficiency. 


Meeting Financial Commitments with Creditors.


So, These were some of the important points of financial management....

That ,You should be aware about... 😊

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