Financial management refers to the strategic planning, organization, direction and control of a company’s cash flow. It involves the management of your financial resources and activities. It also includes the application of management principles to financial assets while playing an important role in tax management.
Financial management in business
The success of your business depends on the quality of your financial management. For the survival of your business (other than a micro-business), it is essential to entrust the financial management to a chartered financial manager who will know how to juggle the actual and forecast flows, entering and leaving your business.
What are the missions of a chartered financial manager?
A chartered financial manager plays a major role in offering financial advice, auditing accounts, and keeping authentic information on financial records. From keeping books and researching cost-cutting financial managers to providing financial advice, accountants will provide a vertical array of services and help keep your business financially healthy.
