THE ROLE OF FINANCIAL MANAGEMENT IN A CO-OPERATIVE ORGANIZATION (A CASE OF STUDY OF UNION BANK (PLC) ENUGU)
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THE ROLE OF FINANCIAL MANAGEMENT IN A CO-OPERATIVE ORGANIZATION (A CASE OF STUDY OF UNION BANK (PLC) ENUGU)
THE ROLE OF FINANCIAL MANAGEMENT IN A CO-OPERATIVE ORGANIZATION (A CASE OF STUDY OF UNION BANK (PLC) ENUGU)
ABTRACT
This
project is poised at x-raying the degree of the role of financial management in
a co-operate organization making reference to union bank (Plc) Enugu. Financial
management activity is concern with the raising of capital planning cash and
credit control including the effective control of financial resources. Some
thought were giving to financial activity to provide planning, control and
execution of financial activity. The practice management are interest in this
subject because among the most crucial decision of he firm are those which
relates to the finance and therefore need to understand the financial management
which provide them with conceptual and analytical insight to make these
decision. The financial must take step to ensure that fund will be actually
available and committed to the firm. The financial manager is usually
responsible of he gathering and analyzing of the relevant information, making
forecast of the profit level to estimate profit from the future sale, the firm
must be aware of the current cost and the most likely changes in the ability of
the firm to sale its product as planned.
The financial manager must measure the
requirement return of its capital investment by answering this questions; dose
the level of return offer adequate justify and that Of risk therein? H e is
required to know the rate of return that is expected from the proposal before
it is accepted. The financial personnel meet with other officer of the form and
anticipate in making decision affecting the current and future utilization of
the fund resource. The manager will discuses the total amount of asset needed
by the firm to carry out its operation and determine the decomposition on need.
They identify ways to use the existing asset mostly effectively and thereby
reducing waste and needed expense. The decision making role cause liquidity and
profitability
The role of financial management in
managing the funds available o the firm. The fund include cash held by the
firm, money borrowed and money gained from the
Purchase of common stock and preferred
stock. The financial management is responsible for having sufficient for the firm
to conduct its business and pay its bill and a lot of money to finance the
receivable and invention making arrangement for the purchase of asset and
identify sources of long term financing, in fact this study is aimed at the
information on the role of financial manager in any organization to foster his
performance in the following.
Forecasting on the financial planning and
control financial analysis. Working credit capital. Stock cash receivable
market and structure medium short and long term success of fund and evaluation
of stock and cost of capital financing. Divided policy and techniques of r
capital investment analysis.
This issue of whether this state role of
the financial manager is executed or not in case to be investigated by the
research is in the following perspective,
(i)
Budgeting
and financial analysis
(ii)
Management
of short, medium and long term financing
(iii)
Financial
ratio and planning
(iv)
Managing
and financial structure
The researcher will analysis the financial
concept using the annalistically tools and techniques obtained from the
organization answer receive from the questionnaire to unfold the financial
managers decision on financial matters.
It hope that the project will attained the
standard required by all the examining bodies and also satisfy the curiosity of
the general leading public who may have the desire to become acquainted.
THE ROLE OF FINANCIAL MANAGEMENT IN A CO-OPERATIVE ORGANIZATION (A CASE OF STUDY OF UNION BANK (PLC) ENUGU)
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This project is poised at x-raying the degree of the role of financial management in a co-operate organization making reference to union bank (Plc) Enugu. Financial management activity is concern with the raising of capital planning cash and credit control including the effective control of financial resources. Some thought were giving to financial activity to provide planning, control and execution of financial activity. The practice management are interest in this subject because among the most crucial decision of he firm are those which relates to the finance and therefore need to understand the financial management which provide them with conceptual and analytical insight to make these decision. The financial must take step to ensure that fund will be actually available and committed to the firm. The financial manager is usually responsible of he gathering and analyzing of the relevant information, making forecast of the profit level to estimate profit from the future sale, the firm must be aware of the current cost and the most likely changes in the ability of the firm to sale its product as planned... accounting project topics
THE ROLE OF FINANCIAL MANAGEMENT IN A CO-OPERATIVE ORGANIZATION (A CASE OF STUDY OF UNION BANK (PLC) ENUGU)