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Financial Management - Finance – An Introduction

Content of Finance Functions

   Posted On :  19.06.2018 09:27 am

The areas of responsibility covered by finance functions may be regarded as the content of finance function.

Content of Finance Functions
 
The areas of responsibility covered by finance functions may be regarded as the content of finance function. These areas are specific functions of finance. Famous authors of financial management have enumerated the contents of finance function, as outlined, below:



It is clear from the above, that, finance functions can be grouped as outlined below:

 

i. Financial planning


ii. Financial control 


iii. Financing decisions


iv. Investment decision


v. Management of income and dividend decision

 

vi. Incidental functions

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