Encyclopaedia of Advanced Financial Management

Financial Management means planning, organizing, directing and controlling the financial activities such as procurement and utilization of funds of the enterprise. It means applying general management principles to financial resources of the enterprise. Investment decisions includes investment in fixed assets (called as capital budgeting). Investment in current assets are also a part of investment decisions called as working capital decisions. They relate to the raising of finance from various resources which will depend upon decision on type of source, period of financing, cost of financing and the returns thereby. The finance manager has to take decision with regards to the net profit distribution. This unique book reflects an overview of various elements of financial management practice, policy and research to make reader perfect in the field. The aim of this book is to serve as source book on significant aspects of financial management, besides, being of utmost importance the book is a must for B. Com, BBA, M.Com and MBA students of our country.