Posts Tagged ‘financial management’

Financial management is very important

Financial management is a way to manage money, so that a limited amount of money that could be used more efficiently and effectively. Financial management is used in various fields, in the company as well as in families and individuals, this knowledge can be applied. As we know, Money very limited amount hence financial management [...]

Principles of Financial Management

in financial management need to consider a number of principles. In addition, the principle of effectiveness also need to receive emphasis. The following discussion of each principle, namely transparency, accountability, effectiveness, and efficiency. 1. Transparency Transparency means openness. Transparency in the management means that there is transparency in managing the activity. In educational institutions, transparent [...]

Studied financial management

Through the activities of financial management, funding needs to be planned, the procurement effort, recorded in a transparent manner, and used to finance the implementation of the program effectively and efficiently. For the purpose of financial management are: 1. Improve the effectiveness and financial efficiency 2. Improve accountability and financial transparency 3. Minimizing abuse of the budget To achieve [...]