Financial Management - Finance – An Introduction
Content of Finance Functions
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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:
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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