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What are the goals of the financial manager? How does a manager make decisions regarding finance?

What are the goals of the financial manager? How does a manager make decisions regarding finance?

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Answer #1

Goals of the financial manager are as follows-

A. Maximizing the shareholders wealth by increasing his overall capital.

B. Undertaking such projects which will maximize the profits of the company

C. Synchronising his goals with the goals of the company

D. Achieving the objectives within the timeline.

E. Increasing efficiency and effectiveness in achievement of goals.

financial manager will be making decision regards to finance after ascertainment of the annual reports and the balance sheet and other financial reports and he will be looking for past Trends and various kinds of methods in order to generate the capital and use the capital and he will be trying to derive his own conclusion out of it.

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