Financial Management is strategic planning , organizing, directing and controlling financial undertakings in an organization or business enterprise . It also includes applying management principles to the financial assets of an organization , while also playing an important part in fiscal management. The Financial Management main role is to plan, organize and govern all the financial activities of an enterprise.
It applies management ethics to the financial resources of a business to manage both personal and business finances.
WomenbizPH Women Strong Network : Profitable FINANCE Management webinar with training partner from experts of Financial Executives Institute of the Philippines (FINEX) and FINEX Foundation gave insights on early financial education for the family , responsible family planning and business accounting skills for profitability and success.
Esther P. Magleo , Liaison Director, Women in Finance , FINEX gave the Opening Prayer, FINEX President Michael Arcatomy Guarin gave the Opening Remarks , Carmen V.F. Serina , Chair ,Social Involvement Committee , FINEX Foundation was Speaker for Day 1 on Basic Financial Literacy , Marites Dimaculangan was Speaker for Day 2 on Business Finance Management , Dr. Conchita Manabat , Liaison Trustee, Social Involvement Committee gave a talk on FINEX SIC programs . WomenbizPH President Rosemarie Rafael gave the Closing Remarks and WomenbizPH Chairperson Mylene Abiva was Moderator . Break out groups were set for Case study analysis .
In the PROFITABLE FINANCE MANAGEMENT webinar , participants learned how how handle personal/ financial planning , Mastering the business, it’s success and failures vis-a-vis Monetary Factors, Role of Business owners in Cash Management and tools to keep tract of Cash, Importance of Accounting , Fundamentals with Basic Journalizing and simple FS Preparation seatwork , Sample Pricing Computation , and Cash Management.
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