Financial Management

What is Finance?
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According to Khan and Jain, Finance is the art and science of managing money.

Study of Value for Value creation

Acquiring Funds

Value
How money is managed
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Finance is the process by which money is transferred among businesses, individuals , governments through
financing and investing.

What is Financial Management?

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Integral system concerned with acquiring, managing and financing assets to achieve business goals.
Financial Management is that activity concerned with planning and controlling firms financial resources.

Balance sheet
Lia + Ability

As + set

Gather the funds to its capacity

Application of funds in Assets

Relevance of Finance

Managers Perspective

Investors Perspective