'Financial management of a business, agency, household or another economics unit involves the acquisition and use of financial resources and the protection of equity capital from various sources of risk.
Financial management is the business function concerned with profitability, expenditure, cash, and credit, and ensures that "an organization has the means to achieve its objectives as satisfactorily as possible." The latter is often defined as maximizing shareholder value.
Financial Management is the strategic planning, organization, management and management of financial companies in an organization or institution. It also includes applying management principles to the financial assets of the organization while playing a key role in tax administration.
Financial Management is defined as the management and analysis of money and investments for the purpose of making business decisions by individuals or organizations. An example of financial management is the work of a company's accounting department.
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