Financial Management
Definition of Financial Management Hierarchical Category as it relates to Business, Business Information Systems, Finance, Business Information Management
The field of study and practice that encompasses the strategic planning, directing, organizing, and controlling of financial undertakings in an organization or business. It involves the application of management principles to financial resources, while also incorporating financial planning and decision-making. This category also includes the use of business information systems to gather, store and manage financial data, and the understanding of wider business operations and strategies.