AN OVERVIEW ON FINANCIAL MANAGEMENT TECHNIQUES FOR ORGANIZATION EFFECTIVENESS

Financial management is highly concerned with maximizing the wealth of equity shareholders. Though profit is the main motto of any business financial management concerns more on the distribution of profit to the equity shareholders. Financial Management means planning, controlling, organizing and directing the monetary resources of the firm. The challenge of any finance manager is to have a deep knowledge regarding the procurement, allocation and management of funds of the business. The success behind any organization depends on the efficient management of finance. In this study, the researcher has concentrated on the various management techniques in finance. The data is collected from secondary information and data. The paper enriches the quality of information in financial management and enables the reader to clearly understand the major concepts and techniques in the subject.