This course enables Students Understand and appreciate why and how strategic financial decisions are made in corporate org

Business finance is the process by which a financial manager/accountant provides finance for business use as and when it is needed. This provision has to be undertaken on the basis of the needs of a company. On the other hand, Financial Management is a branch of economies concerned with the generation and allocation of scarce resources to the most efficient user within the economy (or the firm).

Financial Management is the management of flow funds in a firm and it deals with the financial decision making of the firm. It encompasses the procurement of the funds in the most economic and prudent manner and employment of these funds in the most optimum way to maximize the return for the owner.

Financial management is that managerial activity which is concerned with the planning and controlling of the firms financial resources. it involves the decision of the firm

The course will develop your analytical skills and teach you to evaluate theory and implement procedures within the corporate sector and financial institutions.

The modern day financial manager is instrumental to a company’s success. As cash flows pulsate through the organization, this individual is at the heart of what is happening. If finance is to play a general management in role in the organization, the financial manager must be a team player who is constructively involved in operations, marketing and the company’s overall strategy. Where once the financial manager was charged only with such tasks as keeping record, preparing financial reports, managing the company’s cash position, paying bill, and, on occasion, obtaining funds, the broad domains today includes (i)investments in assets and new products and (ii) determining the best mix of financing and dividends in relations to the company’s overall valuation.

This lesson introduces the concept of public finance and its historical developments dating back to the era of renowned economist Adam Smith. The principles of public finance enshrined in the Constitution of Kenya 2010 are covered as well as sources of public finance with major focus on taxation. The purpose of this lesson is to enable you understand the principles and role of public finance in a given country.

Essential notes in having you navigate in your course and gain practical knowledge on financial management skills

Financial Management is the planning Financial Management means planning, organizing, directing and controlling the financial activities such as procurement and utilization of funds of the enterprise.

The purpose of this financial management Question and Answer is to equip the candidate or student with knowledge and skills on how to prepare for his or her final FM exam paper