financial management
Sign in to saveAlso known as financial administration
management of money in such a manner as to accomplish the objectives of the organization
Research
915,380 papers- Financial Management.Studies in health technology and informatics · 2020
- Total financial management.Medical group management journal · 1991
- Financial management imperatives.Trustee : the journal for hospital governing boards · 2010
- Evidence-based financial management.Healthcare financial management : journal of the Healthcare Financial Management Association · 2003
- Ian Tomlinson.Nature reviews. Drug discovery · 2016
via PubMed
~7 min read
Encyclopedic overview
Financial management is the business function concerned with profitability, expenses, cash, and credit. These are often grouped together under the rubric of maximizing the value of the firm for stockholders. The discipline is then tasked with the "efficient acquisition and deployment" of both short- and long-term financial resources, to ensure the objectives of the enterprise are achieved.
Financial managers (FM) are specialized professionals directly reporting to senior management, often the financial director (FD); the function is seen as 'staff', and not 'line'.
Excerpted from Wikipedia’s “financial management” article, available under the CC BY-SA 4.0 licence.