Abstract

Statement of the Problem: Financial management is an aspect of financial activity. Financial management is an important branch in today's business administration. No one thinks of doing business without financial restrictions. it occurs.

Methodology and Theoretical Orientation: Financial management is the adoption of public management principles for financial management.

Financial management with the help of financial management, cost accounting, budgeting and statistics, the profitable utilization of these funds,planning future activities and controlling current implementations and future developments.

Findings: It is the responsibility of the financial manager to maintain the assets of the business. Wealth management plays an important role in financial management. In addition, the financial manager must ensure that the resources are available without any hindrance for the smooth running of the organization. A business can fail without financial failure. Financial failure also leads to business failure. Because of this strange situation the responsibility of financial management increases. It can be divided into long term fund and short term fund management.

Conclusion & Significance: Long-term investment decisions are called capital budgeting decisions, which involve a large number of long-term investments that are irreversible without large costs. Short-term investment decisions are called working capital decisions, which affect the day-to-day operations of a business. This includes decisions about the amount of money, inventory and acceptability.Financial statements are important for financial modeling and accounting.

In this section of Financial Statement Analysis, we will evaluate the performance of the business. We will take several items in the income statement and compare it with the capital assets of the company in the balance sheet.Learn more about money, its importance, and the purpose of financial analysis. Financial statements analysis is the process by which a company's financial statements are reviewed and analyzed to make good financial decisions.

Financial analysis is used to assess economic trends, set monetary policies, build longterm business activity plans, and identify investment projects or companies. This is achieved using the

financial numbers and data synthesis. A financial analyst must scrutinise the financial statements of a company—the statement of income, the balance sheet, and the statement of cash flow.