Financial Management

Planning, arranging, managing, and controlling financial activities, such as the acquisition and use of an organization's funds, is known as financial management. It entails applying general management ideas to the company's financial resources. One such managerial procedure that deals with the planning and control of financial resources is financial management. In the 21st century, financial management became its own field of study. Recent financial events have emphasized the need for an understanding of financial Objectives of a Firm, Financial Planning, Time Value of Money, Valuation of Bonds and Shares, Cost of Capital, Leverage, Capital Structure, Risk Analysis in Capital Budgeting, Capital Rationing, Working Capital Management, Cash Management, Inventory Management, Receivable Management, Dividend Decisions.

In this book, we introduce these topics in the field of financial management. The goal of this book is to teach readers how to successfully handle the finances of small to medium-sized businesses. The fundamental premise of this work is that proficient financial managers must be adept in creating and analysing financial statements as well as present value models. This 16-chapters book's main objective is to teach readers how to create and evaluate financial statements and present value models.