Introduction on Financial Management & Financial Market

The importance of financial management is −It provides guidance in financial planning.It assists in acquiring funds from different sources.It helps in investing an appropriate amount of funds.It increases organisational efficiency.It reduces delay production.It cut down financial costs.It reduces cost of fund.It ensures proper use of fund.It helps business firm to take financial decisions.It prepares guideline for earning maximum profits with minimum cost.It increases shareholders' wealth.It can control the financial aspects of the business.It provides information through financial reporting.It makes the employees aware of saving funds.