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What step should the financial manager perform to confirm the client’s expectations and objectives? Discuss in...

What step should the financial manager perform to confirm the client’s expectations and objectives? Discuss in 80 to 100 words.

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Answer #1

A Financial Manager shall perform the following steps to confirm the client's expectations and objectives:

(i) Sources of funds: A Financial Manager shall analyse the various sources and its cost of capital through which funds can be raised.

(ii) Investment Analysis: When a Company wants to make a investment in a project, a manager shall conduct in-dept analysis for the investment in project by calculating ROI, NPV, IRR, etc.

(iii) Financial Control: A Financial Manager shall ensure that financial control are effective and efficient in an organization.

(iv) Financial Analysis: Manager shall collect financial data of the company and conduct financial analysis which includes calculating financial ratios i.e. Debt-Equity Ratio, ROE, Liquid Ratio, etc.

(v) Financial Reporting: A Financial Manager shall report to appropriate management.

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