Financial Management

Financial management is the process of managing the financial resources, including accounting and financial reporting, budgeting, collecting accounts receivable, risk management, and insurance for a business. It is one of the most important practices in Management. Basic skills in financial management start in the critical areas of cash management and bookkeeping, which should be done according to certain financial controls to ensure integrity in the bookkeeping process. This book will help the readers to understand basic practices in financial management, and to build the basic systems and practices needed in a healthy business. It present standard techniques and modern developments in financial managers and business students interested in the practice of financial management.