Understanding Financial Management

A. Understanding Financial Management

Financial management is an activity of planning, budgeting, monitoring, management, control, search and storage of assets by the organization or company whose shareholders.

A brief explanation of each financial management function:
1. Financial Planning
Make plans and revenue expenditure and other activities for a specified period.
2. Financial Planning
Follow-up of financial planning with detailed revenue and expenditure.
3. Financial Management
With corporate resources to maximize the funds available with a variety of ways.
4. Search Finance
Find and use of existing sources of funding for operational activities of the company.
5. Depository Financial
Money will come to companies and funds in a safe manner.
6. Financial
Evaluation and improvement of economic and financial system in the company.
7. Audit
The internal audit of the existing corporate finance, in order to prevent irregularities.

B. Financial Management Duty
Basic tasks performed by an accountant in general:
1. First Companies Fund
2. With corporate funds
3. Divide Profit / profit companies
C. Financial Management Goals

The goal of fiscal policy director for the funds of the Company mengeloka in a company in general, to maximize its value. Thus, if a company is sold, the price as high as possible.