Category: B.COM NOTES

In an organization, finance department takes control over the  decisions related to finance. The finance department  has to coordinate with other department such as production, marketing etc. Financial management covers a wide area with multidimensional acivities which are needed to cooperate with each other to achieve financial goals. Following are the scope of financial management 1. Financial Management and Economics : Read More …

finance function is concerned with the functions of procuring funds, investing them into profitable projects and distributing the returns earned from those investments. Thus, Finance Function includes Investment Decision: This decision is also known as Capital Budgeting Decision. It is concerned with the evaluation and selection of proposals for long-term investments. The returns from these proposals are expected in the Read More …

The concept of time value of money lays down that money received today has a greater value than money received at a future certain time. It holds that it’s better to receive money today than at a later date. This concept is based on the English proverb that “a bird in a hand is better than two in a bush”. Read More …