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Financial Management Importance for Financial Managers in Financial World in the Era of Globalization

Received: 1 August 2021    Accepted: 6 September 2021    Published: 27 September 2021
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Abstract

In Financial management we cover all the aspects to cover the financial position. The basic purpose is that provide the full information to the management regarding the liquidity position of the Business, with the help of financial management provide the total turnover of the Business operation. Financial management provides the route how to main the good financial position of the Business. The basic function of financial management is to give the path to how to maintain material management. With the help of materiel management we can manage the total equation of material management. The financial management is the basic source of knowledge how to. Maintain the best material management. Just in system is very important in the manufacturing companies, financial management provide the road map how to implement the just in system. Financial management is the key of success for every Business man, who are engage in the financial activities on the massive level. Corporate culture is possible only with financial management. Financial management is the very beneficial for the all section of life.

Published in International Journal of Economics, Finance and Management Sciences (Volume 9, Issue 5)
DOI 10.11648/j.ijefm.20210905.11
Page(s) 174-177
Creative Commons

This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.

Copyright

Copyright © The Author(s), 2024. Published by Science Publishing Group

Keywords

Financial, Management, Knowledge

References
[1] Staff, Investopedia (2003-11-20). "Finance". Investopedia. Retrieved 2018-11-26.
[2] "Finance" Farlex Financial Dictionary. 2012.
[3] Melicher, Ronald and Welshans, Merle (1988). Finance: Introduction to Markets, Institutions & Management (7th ed.). Cincinnatti OBN: Southwestern Publishing Company. p. 2. ISBN 0-538-06160-X.
[4] Irons, Robert (July 2019). The Fundamental Principles of Finance. Google Books: Routledge. ISBN 9781000024357. Retrieved 3 April 2021.
[5] Fergusson, Nial. The Ascent of Money. United States: Penguin Books.
[6] "Herodotus on Lydia". World History Encyclopedia. Retrieved 2021-05-13.
[7] "babylon-coins.com". babylon-coins.com. Retrieved 2021-05-13.
[8] Bank of Finland. "Financial system".
[9] "Introducing the Financial System | Boundless Economics". courses.lumenlearning.com. Retrieved 2020-05-18.
[10] "What is the financial system?" Economy.
[11] "Personal Finance - Definition, Overview, Guide to Financial Planning". Corporate Finance Institute. Retrieved 2019-10-23.
[12] Publishing, Speedy (2015-05-25). Finance (Speedy Study Guides). Speedy Publishing LLC. ISBN 978-1-68185-667-4.
[13] "Personal Finance - Definition, Overview, Guide to Financial Planning". Corporate Finance Institute. Retrieved 2020-05-18.
[14] Snowdon, Michael, ed. (2019), "Financial Planning Standards Board", Financial Planning Competency Handbook, John Wiley & Sons, Ltd, pp. 709–735, doi: 10.1002/9781119642497.ch80, ISBN 9781119642497.
[15] Kenton, Will. "Personal Finance". Investopedia. Retrieved 2020-01-20.
[16] Doss, Daniel; Sumrall, William; Jones, Don (2012). Strategic Finance for Criminal Justice Organizations (1st ed.). Boca Raton, Florida: CRC Press. p. 23. ISBN 978-1439892237.
Cite This Article
  • APA Style

    Iqbal Shaukat. (2021). Financial Management Importance for Financial Managers in Financial World in the Era of Globalization. International Journal of Economics, Finance and Management Sciences, 9(5), 174-177. https://doi.org/10.11648/j.ijefm.20210905.11

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    ACS Style

    Iqbal Shaukat. Financial Management Importance for Financial Managers in Financial World in the Era of Globalization. Int. J. Econ. Finance Manag. Sci. 2021, 9(5), 174-177. doi: 10.11648/j.ijefm.20210905.11

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    AMA Style

    Iqbal Shaukat. Financial Management Importance for Financial Managers in Financial World in the Era of Globalization. Int J Econ Finance Manag Sci. 2021;9(5):174-177. doi: 10.11648/j.ijefm.20210905.11

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  • @article{10.11648/j.ijefm.20210905.11,
      author = {Iqbal Shaukat},
      title = {Financial Management Importance for Financial Managers in Financial World in the Era of Globalization},
      journal = {International Journal of Economics, Finance and Management Sciences},
      volume = {9},
      number = {5},
      pages = {174-177},
      doi = {10.11648/j.ijefm.20210905.11},
      url = {https://doi.org/10.11648/j.ijefm.20210905.11},
      eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.ijefm.20210905.11},
      abstract = {In Financial management we cover all the aspects to cover the financial position. The basic purpose is that provide the full information to the management regarding the liquidity position of the Business, with the help of financial management provide the total turnover of the Business operation. Financial management provides the route how to main the good financial position of the Business. The basic function of financial management is to give the path to how to maintain material management. With the help of materiel management we can manage the total equation of material management. The financial management is the basic source of knowledge how to. Maintain the best material management. Just in system is very important in the manufacturing companies, financial management provide the road map how to implement the just in system. Financial management is the key of success for every Business man, who are engage in the financial activities on the massive level. Corporate culture is possible only with financial management. Financial management is the very beneficial for the all section of life.},
     year = {2021}
    }
    

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    JF  - International Journal of Economics, Finance and Management Sciences
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    AB  - In Financial management we cover all the aspects to cover the financial position. The basic purpose is that provide the full information to the management regarding the liquidity position of the Business, with the help of financial management provide the total turnover of the Business operation. Financial management provides the route how to main the good financial position of the Business. The basic function of financial management is to give the path to how to maintain material management. With the help of materiel management we can manage the total equation of material management. The financial management is the basic source of knowledge how to. Maintain the best material management. Just in system is very important in the manufacturing companies, financial management provide the road map how to implement the just in system. Financial management is the key of success for every Business man, who are engage in the financial activities on the massive level. Corporate culture is possible only with financial management. Financial management is the very beneficial for the all section of life.
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Author Information
  • Canadian Association of Postdoctoral Scholars, Toronto, Canada

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