|The role of financial management does not usually include responsibility for any accounting activity or compliance with accounting standards.|
|The role of financial management does usually consider to include risk management, corporate finance, treasury management.|
|Risk management:- Efficient financial management should estimate the risks and try to prepare the best mitigation plan.|
|Corporate finance:- Company try to generate funds through a different source like stock, bonds, loan, etc. and try to deliver maximum value to their shareholders.|
|Treasury management:- It helps to manage their surplus. I mean it helps to what portion of net income will the company declared as a dividend? Where can the company utilize its excess fund if the company has excess cash?|
Get Answers For Free
Most questions answered within 1 hours.