After reading this essay you will learn about the phenomenon of over and under capitalisation of a company. Phenomenon of Over-Capitalisation: This is a business phenomenon where is the company raises more capital than is wanted by the figure of capitalisation of its earning power and as a result of which actual profits are not sufficient enough to pay interests [...]
This article throws light upon the top seven functions of finance manager of a company. The functions are:- 1. Custodian 2. Planning Procurement and Investment 3. Credit and Collection 4. Loans and Advances 5. Tax and Insurance 6. Payroll 7. Bond Transfer and Disbursements. Function # 1. Custodian: Functions relating to the supervisor of cash receipts, disbursements, balances, banking and [...]
In this essay we will discuss about ‘Financial Management’. Find paragraphs, long and short essays on ‘Financial Management’ especially written for school and college students. Essay on Financial Management Essay Contents: Essay on the Definition of Financial Management Essay on the Scope of Financial Management Essay on the Objectives of Financial Management Essay on the Sources of Finance Essay on [...]