a) Financial Management includes decisions relating to the procurement of funds, investment of funds in long term and short term assets and distribution of earning to the owner.
b) It is concerned with the management of the flow of funds and involves decisions relating to procurement and investment of funds, in the long term and short term assets and distribution of earning to the owner.
c) It helps in the determination of the total funds required.
Financial decisions taken by a financial manager are :
a) Investment decisions
b) Financing decisions
c) Dividend policy decisions
