Articles

Economic and Finance

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  repository.iimb.ac.in Fundamentals of financial management‏ Prasanna Chandra‏ McGraw Hill Education, 2017‏ Chandra: Fundamentals of Financial Management discusses the fundamental principles and techniques of financial management. This book seeks to show how a wide range of financial decision situations should be analysed. It aptly illustrates the various concepts, tools and techniques of financial management with the help of suitable examples. Book Features : Coverage on important new sections such as Securitisation, Cost of Retained Earnings and Cost of External Equity New chapter on Risk Management which presents how financial management evolves in response to changes in the financial environment Four chapters completely revised keeping in view the changes that have taken place in the Pro forma of Balance Sheet & Statement of Profit and Loss Account Companion website which provides Instructors exclusive access to PowerPoint presentations, solutions manual, solutions for add...
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Essay 1

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Financial management or Financial Accounting         Have you ever thought what is the differnece between financial management and  financial accounting ? one person idea of what is the difference betweeen those two concepts   may be differ from a person to another. There are a three differences  existed between  financial management and financial accounting in meaning ; orientation , and objecives.        First, there are a difference meaning between fianancial management and financial  accounting.Financial management is managing  the finances and investments of different  individuals, organizations, and other entitie.Conversely, in financial accounting is     about recording, maintaining, and reporting the company’s financial affairs. So, there are a   lot of differents between those concepts.         Second, the second difference between financial management and acc...
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Essay 2

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Effects of good Financial Management Have you ever thought what is the affects of good management system ? many people do not have a lot of  information about how can a good financial management influence  their life, it can also change their vision of life for a lot of factors. There are three specific  effect of  management financial system ;one is  by helping to control expenses, maximizing profit ,  and identify areas  for cost reduction or revenue generation.. First ; the first effect of a good management system is by helping to control expenses. In other words, giving to  your company a powerful framework that's designed to improve  visibility ( controversey)  and keep you in control of your costs.because when the company  tend to reduce costs and   expenses that helps  to have a  actual variances by cost center, profit  center , department, or  project. Another  strategy that can effects fin...
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