ISSN: 1758-1907

Diabetes Management

Scholarly-open-access-financial-affairs-journals

 Finance is a broad term that describes activities associated with banking, leverage or debt, credit, capital markets, money, and investments. Basically, finance represents money management and the process of acquiring needed funds.   It is a statement of financial affairs which gives information about the recent financial transactions of a debtor. It includes information about payment to creditors, sources of income, transfer of property, law suit filed by creditors and gifts made by the debtor.  A financial matter is any matter relating to the principal's (the person who makes the enduring power of attorney or supportive attorney appointment) financial or property affairs. It includes any legal matter that relates to the financial or property affairs of the principal. Since individuals, businesses, and government entities all need funding to operate, the finance field includes three main sub-categories: personal finance, corporate finance, and public (government) finance. Undoubtedly, finance is one of the most important aspects of a business. With huge funds, daily cash flow and continuous transaction, managing and monitoring all of the above turn necessary.  To be specific, financial management helps the organization determine what to spend, where to spend and when to spend.

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