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Financial management is that division of managerial process which is concerned with the planning and controlling of firm's financial resources. It is concerned with the procurement of funds from most suitable sources and making the most efficient use of such funds. In the earlier stages financial management was a branch of economics and as a separate subject it is of recent origin. The subject is of enormous importance to the managers for the reason that among the most crucial decisions of the firm are those which relate to finance.
As the meaning of reform in a system, these reforms in corporate governance would make effective impacts over the process of audit in the context of auditor requirements and the cl
FUNCTIONS / RESPONSIBILITIES / CHALLENGES FACING THE FINANCE MANAGER Today's finance manager is facing a lot of challenges, which are the direct result of the dynamic growth in
Modified duration is used to determine the percentage change in the bond's prices for a 100 basis point (1%) change in the yield. The underlying assumption is tha
Zero base budgets: this is a new technique, which was first used by the US Department of Agriculture in 1961. Texas instruments, an MNC, have used it in the private sector. But,
Bid The price buyers provide to acquire securities or privacy from sellers.
Options Traded on Legal and General August 14 2009 Share Price Exercise Price Calls Puts Sep Dec Mar
Cost Principle - Accounting Principle According to this principle all the non-monetary assets of the business are display in the books of accounts at the historical cost that
A mortgage may be defined as a pledge of property to secure a debt payment; in this context, we will use the term property to mean real estate. If the
What are the financial management problems Traditional approach was challenged was that the treatment was built too closely around episodic events, like incorporation, promotio
Q. Evaluate of Risk-Adjusted Discount Rate? Illustration: - From the following date state which project is preferable: Year Project A Proj
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