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Financial Management

Financial management is all about efficient and effective management of the monetary resources of an organization.

Financial management is all about efficient and effective management of the monetary resources of an organization.

The objectives are profit maximization (including maximization of shareholders wealth), financial decision making (future proof) and maintaining proper cash flow.

This all is necessary to secure operations in order to pay the day-to-day expenses, wages, etc. Cash flow is an important indicator on how healthy a company financially is. Next to that, there are a lot of other ratios and financial tools that can help the finance manager to get more grip on financial management. Many theories can be found for the financial area, they are geared towards analysing and calculating business turnovers.

There have been lots of scientific and practical studies on finance and management for a learning point of view.

What are the most known and used financial models and methods? What are their success stories and practical tips when you apply these? These posts are all about great financial management tools.

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Activity Based Management (ABM)

January 18th, 2024

Activity Based Management (ABM): this article explains the Activity Based Management (ABM), developed by James Brimson and John Antos in a practical way. Next to what this concept is, this article also higlights the advantages of this method, the…
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Beyond Budgeting approach explained

August 20th, 2023

Beyond Budgeting approach: the Beyond Budgeting model aims to realise an organisation that is extremely adaptable. This article provides a practical explanation of Beyond Budgeting approach. Highlights include: what is beyond budgeting, beyond budgeting vs traditional budgeting, 12 principles of…
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Discounted Dividend Model (DDM)

August 15th, 2023

Dividend Discount Model: This article explains the Dividend Discount Model (DDM) in a practical way. The article starts with a general defintion of the DDM, followed by some general information about why this model is important and why it is…
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Cost Benefit Analysis (CBA) explained

May 24th, 2023

Cost Benefit Analysis: this article provides a practical explanation of Cost Benefit Analysis. Next to what it is, this article also highlights the applications of this method, the steps to apply it, and it’s shortcommings and additions. After reading…
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Auditing explained including the definition

May 3rd, 2023

Auditing: this article provides a practical explanation of an audit and the concept of auditing. Next to what it is (definition), this artcile also highlights the purpose, the differnce between internal and external audits,types of audits, and an example…
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Asset Management (AM) explained

May 3rd, 2023

Asset Management (AM): this article explains Asset Management (AM) in a practical way. After reading it, you will understand the basics of this important financial management discipline. What is Asset Management? Asset Management (AM) refers to the systematic management and…
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Cash Ratio

January 2nd, 2022

Cash Ratio: this article explains the Cash Ratio in a practical way. After reading you will understand the basics of this powerful financial management tool. What is Cash Ratio? The Cash Ratio is a calculation formula and liquidity indicator (of…
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Return on Assets Managed (ROAM)

June 18th, 2021

Return on Assets Managed: this article explains Return on Assets Managed (ROAM) in a practical way. After reading it, you will understand the basics of this powerful financial ratio and you will be able to calculate this financial measurement.…
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Capital Budgeting

June 17th, 2021

Capital Budgeting: this article explains capital budgeting in a practical way. After reading this article, you’ll understand the basics of this powerful financial management tool. What is the definition of capital budgeting? Capital budgeting, as the name implies, consists of…
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