What is Managerial Accounting? Functions, Tools, PDF included
Managerial accounting is the process of analyzing financial data and generating relevant information to support internal decision-making within an organization.
Financial Management
What is Working capital? Definition, Formula, Types
Working capital is the difference between a company’s current assets and its current liabilities. In other words, it represents the amount of money a company has available to cover its short-term obligations and expense.
Operations Research: Evolution, Process, Characteristics, and Pros & Cons, [PDF Inside]
Operations research (OR) is a field of applied mathematics, engineering, and management science that deals with the application of advanced analytical methods to help make better decisions. OR uses quantitative models and data analysis to address complex issues in a variety of fields, including business, government, and healthcare. OR problems typically involve the optimization of … Read more
Cash Flow Management: [PDF] Example, Benefits, Drawbacks, Strategies, & Tools
Cash flow management is the process of monitoring, analyzing, and optimizing the inflow and outflow of cash in a business or personal finance context. It involves managing the cash resources of an entity in a way that ensures the entity can meet its financial obligations in a timely manner, while also maximizing the use of available cash to generate revenue and grow the business.
Cost of Capital: Types, Component, Formula, Impact, & Importance
The cost of capital is the minimum return that a company or an investor expects to earn on their investment to compensate for the risk involved. It represents the cost of funds used to finance a business or a project and is expressed as a percentage.
Roles of Financial Manager
Roles of financial manager : A financial manager is a person who takes care of all the important financial functions of an organization. The person in charge should maintain farsightedness in order to ensure that the funds are utilized in the most efficient manner. His actions directly affect the profitability, growth, and goodwill of the firm.
What is Financial Management? (PDF Included) Definition, 5 Scopes, Importance, Types, Objectives, Functions, Advantages and Disadvantages
financial management refers to the diplomatic planning, organizing, directing, and supervising of financial undertakings in an organization. It also comprises applying management principles to the financial resources of an organization, while also playing a significant part in economic or budgetary management.