Top 8 Functional Areas of Financial Management

This article throws light upon the top eight functional areas of financial management. The functional areas are: 1. Determining Financial Needs 2. Selecting the Sources of Funds 3. Financial Analysis and Interpretation 4. Cost-Volume-Profit Analysis 5. Capital Budgeting 6. Working Capital Management 7. Profit Planning and Control 8. Dividend Policy. Financial Management: Functional Area # 1. Determining Financial Needs: A [...]