Financial management

Financial management

The process of managing financial resources, including management decisions concerning accounting and financial reporting, forecasting, and budgeting.

Industry: Business administration

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Financial management

Inflation

Business administration; Financial management

In economics, this term describes a situation in which prices are rising relatively quickly, as measured for example, by the retail price index, thus causing a fall in the real (as opposed to the ...

Accounting period

Business administration; Financial management

The length of time between the financial reports produced by an organization. If the reports are for internal use the period is usually either a week or a month; for external information it is ...

Opportunity cost

Business administration; Financial management

In economics, this refers to the lost income, profit or time involved in forgoing an alternative course of action; that is, this is an economic cost and would not be included as an accounting cost.

Insider dealing

Business administration; Financial management

Making a profit, or avoiding a loss, in financial transactions as a result of having access to confidential information not available to the general investing public.