Definition of Financial Management

Definition:

The process of managing the financial resources, including accounting and financial reporting, budgeting, collecting accounts receivable, risk management, and insurance for a business.

Related Terms:

Accounting
Bookkeeping
Budgeting

Related Information:

Financial Management
Human Resources
Leadership
Operating Your Small Business

Related Books:

Accounting and Finance for Your Small Business
Keeping the Books: Basic Recordkeeping and Accounting for the Successful Small Business
More Books about Financially Managing a Small Business

 

 

 

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