Financial Management Slides

Financial Management. Definition of Financial Management? Scope of financial management. Traditional approach. Limitations of traditional approach. Modern approach. Main Contents of Modern approach. Functions of Finance. Investment Decision. Capital Budgeting. Working Capital Management. Dividend Decision. Objectives of Financial Management. Profit maximisation. Arguments in favor of Profit Maximization. Wealth Maximization. Arguments against wealth Maximization. A simplified organisational chart. Organisation of Finance Fuction. Role of Treasurer and Controller. Status and Duties of Finance Executives. Sources of Finance. Types of shares. Preference shares.