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Tag Archives | Financial Management

Capital Budgeting Decisions

I. M. Pandey defines capital budgeting decision as, “the firm’s decision to invest its current funds most efficiently in the long term assets, in anticipation of an expected flow of benefits over a series of years”.  Capital budgeting decisions may either be in the form of increased revenues, or reduction in costs. Capital expenditure decisions […]

Introduction to Financial Management

Financial management is such a managerial process which is concerned with the planning and control of financial resources. Financial management was started as a separate subject of study in the 20th century. Till now it was used as a part of economics. As an educational subject, its scope has undergone some basic changes from time […]

Financial Planning

1. Meaning of Financial Planning Financial planning has been defined as “the advance programming of all plans of financial management and the integration and coordination of these plans with the operating plans of the enterprise.” There is hardly any aspect of a business which does not have both financial requirements and financial consequences. Financial planning […]

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