Generalities about The Financial Management
March 4th, 2010
The financial management cannot be understood separate from the management of the administration and less than the economic management. This is because the financial is practically the support that validates the logic of the business in their respective enclaves. We think that in order to achieve comply with the social objectives was necessary to ensure financial stability. In the same way the decision-making concerning merely to the financial management of one way or another, directly or indirectly, in the short or long- term, influenced the general situations of these organizations cooperatives.
The financial management is a process that involves revenues and expenditures attributable to the realization of rational management of the money in the office, and consequently the profitability (financial) generated by himself. This allows us to define the basic objective of the financial management from two elements. The generate resources or income (income generation) including the contributed by the partners. And secondly the efficiency and effectiveness (efforts and demands) in the control of the financial resources to obtain levels of acceptable and satisfactory in its management.
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