Financial Management

Financial management is the term used to describe the effective management of funds in such a way as to fulfil the financial objectives of an organisation. The management of finances is usually a specialised subject undertaken by management. In general, the term ‘financial management’ typically applies to an organisation or company's financial strategy. Financial management includes how to generate capital and how to allocate it (which is also known as capital budgeting) both short and long term. The scope of financial management includes estimating the requirement of funds, determining the capital structure, and investment fund. Both corporate and not for profit companies undertake financial management, whether this is controlled in-house by management or outsourced to a management consultant, firm or agency.

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  1. Accountants and Auditors
    - 5 Suppliers 9 Services

    Accountants handle the daily financial transactions for a company, whereas auditors are employed to oversee the accountant's work and ensure that everything is in order. Auditors often perform many of the same tasks as accountants, although they also have very different responsibilities.

  2. Actuaries
    - 6 Suppliers 15 Services

    The insurance and finance industries are just two large players who rely on the service of Actuaries management risk and control uncertainty. The school behind actuaries is actuarial science, which is the discipline that applies mathematical and statistical methods to assess risk.

  3. Debt Recovery
    - 0 Suppliers 0 Services

  4. Financial Advisors
    - 1 Supplier 8 Services

    A financial advisor, often known as a financial planner, creates financial plans for large businesses, small business and customers (often looking to make purchases in their personal life, like a house). A financial planner may or may not also be able to sell from a financial portfolio of products.

  5. Insolvency Practitioners
    - 1 Supplier 1 Service

    When a large or small business becomes insolvent they can appoint the services of an Insolvency Practitioner to guide them through the formal insolvency procedure. That formal insolvency procedure includes the following steps; administrations, administrative receiverships, bankruptcy, company voluntary arrangements, compulsory liquidations, creditors' voluntary liquidations, deeds of arrangement, individual voluntary arrangements, lump-sum IVAs, section 110 reconstruction, members' voluntary liquidations, and trust deeds.

  6. Quality Consultants
    - 0 Suppliers 0 Services

  7. Tax Advisors
    - 0 Suppliers 0 Services

    A Tax Advisor is a professional skilled in Tax Law. Their role is to minimise taxation, provide information on taxation policy, create a statement of income and to manage all legal implications. Tax Advisors provide consultancy services on Tax Law so that companies and individuals do not have to learn the field themselves.

  8. Other
    - 9 Suppliers 52 Services

    Other products that didn't quite fit into any of the above categories.

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