Tag Archives | Significance

3 Main Significance of Financial Management

The importance of financial management is known from the following aspects:- 1. Applicability 2. Chances of Failure 3. Return on Investment. Significance # 1. Applicability: The principle of finance is applicable wherever there is cash-flow. The concept of cash-flow is one of the central elements of financial analysis, planning, control and resource allocation decisions. Cash-flow are important because financial health [...]

By |2016-12-12T08:06:15+00:00December 12, 2016|Financial Management|Comments Off on 3 Main Significance of Financial Management

Significance of Company Annual Report

In this article we will discuss about the significance of company annual report. Company Annual Report has become a significant medium of corporate reporting today, although information about a company's affairs can be communicated through other media also, e.g., prospectus, financial press release, interim report, and personal contact with company officials. Prospectuses are made available to expected security buyers and [...]

By |2016-06-18T07:01:37+00:00June 18, 2016|Financial Reporting|Comments Off on Significance of Company Annual Report
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