<P> Financial management refers to the efficient and effective management of money ( funds ) in such a manner as to accomplish the objectives of the organization . It is the specialized function directly associated with the top management . The significance of this function is not seen in the ' Line ' but also in the capacity of the ' Staff ' in overall of a company . It has been defined differently by different experts in the field . </P>
what is the ultimate objective of financial management
accomplish the objectives of the organization