GENERAL FUNCTIONS
Several functions of financial management currently range from planning of funds to distribution of earnings and also are extend beyond. Some of the well-known functions are as follows:
- Estimating financial requirements.
- Deciding capital structure / capital or financing mix.
- choosing sources of finance.
- choosing investment pattern / long term asset mix.
- Proper cash management.
- Implementation of financial controls.
- Proper use of profits/ surplus / dividend or profit allocation.
- Short term asset or Liquidity mix.