Topic: Functions of Financial Management Name of the Reporter: Ramil C. Arrevado Rating to the Reporter: 1.1 Insights: My insights in this lesson are: I learned that that the
financial management refers to strategic planning, organizing,
directing and controlling of financial undertakings in an
organization or institute. Without this financial management, the
company or business will not progress because it controls the
financial activities in a specific area. It is one of the most
important in business because it is the responsibilities of the
owners and business managers to perform decisions that will be
utilized by everyone in the company and the finance manager
ensure the health of an organization through investment
activities and long term financing strategies.
Next is, the reporter also give enough information about the
roles of finance managers that will surely understand by everyone
because it is presented in the organizational chart. To sum it
up, I like the presentation of Mr. Arrevado, it is short but