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What is Importance of Financial Management about?

Financial management involves the planning, organizing, directing and controlling of financial activities and processes within an organization. This includes procuring funds, allocating financial resources, utilizing funds, and maintaining proper financial records and compliance. Financial managers help organizations access suitable sources of financing, control costs, measure performance, identify areas for improvement or growth, predict and mitigate risks, safeguard funds, and value the organization. Prop

Author

Atwine Abertson

Language

EN