Management is the complete orientation of planning, organizing, directing and controlling of any activity. When finance is added to the management, all these steps are taken to conjure the activities of finance of an organization. In an organization, the staffs take the financial management assignment to utilize the money of the organization for the growth of the firm. Also, the finance assignment help online raises the network connections for further future references. The usual management principles are applied to the financial resources that a company have in the deck.
Scopes and elements of the financial management
Learning financial management can provide the students and new workers in the field with a vast experience of many finance related elements. Some of them are:
Investment decisions for the company by keeping in account the limited budget provided. Usually, the investments are performed in fixed assets and also been known as capital budgeting. Many working capital decisions are carried out too.
Financial decisions for elevating the finance acquired from different sources. There are many parameters included for serving this scope such as financing period of time, cost of the financing, revenues to be generated by them, resources for the finance etc.
Dividend distribution to the stakeholder is one important element of financial management. The net profit earned by the organization is to be distributed among the stakeholders as dividends to keep them interested for further investments.
Functions of financial management
Before moving on to any course, its scope and its functions are necessary to be known. Some functions that financial management elites are:
Capital requirement prediction: It is to be estimated by the finance manager of the company. These requirements are to be evaluated by estimating the required profit percentages from the investment, in accordance to the policy for that concern.
Knowing Capital composition: after the prediction, the next step is to understand the capital structure.A short-term debt equity analysis and a long-term debt equity analysis is performed separately to understand the structure. A limited structure of the equity capital an organization possess can be acquired form it.
Acquiring the sources for money: There are many alternatives available when it comes to acquiring the funds. The banks and other financial institutions are ready to provide the resources. Loans can be taken and moreover there is always an option of public deposits. These can be drawn in the form of bonds and sheets.
Investment and disposal of surplus funding: A safe and profitable venture is to be found where the investment can be done by the funds. After the finance manager analyses the net profit, the surplus amount of profit can either be distributed as the dividend among stake holders or can be retained for further investments.
Topics suggested for choosing an assignment in financial
The students who have an aspiration to have a career in financial management can understand the following topics and remember them by making written assignments for regular follow up of their course.
- Cost of capital
- Time value of money
- Ratio analysis
- Risks and returns
- Mergers and acquisitions
- Business valuation & finance
- Financial markets and institutes
- Arbitrage- cost and labour
- Working capital management
- 10)Cash & liquidity management