International Research journal of Management Sociology & Humanities
( ISSN 2277 - 9809 (online) ISSN 2348 - 9359 (Print) ) New DOI : 10.32804/IRJMSH
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ROLE OF FINANCIAL MANAGEMENT IN BUSINESS
1 Author(s): SUNNY GUPTA
Vol - 10, Issue- 4 , Page(s) : 77 - 80 (2019 ) DOI : https://doi.org/10.32804/IRJMSH
Finance may be defined as the art and science of money. The term financial management is concerned with the duties of the financial managers in the business. It is an integral part of overall management that helps in taking various financial decisions. The finance function covers both acquisition of funds and their proper utilization. The various functions performed by every type of business like budgeting, financial forecasting, cash management, investment analysis, funds management etc. are related to financial management.
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